Term and rent commencement Sample Clauses

Term and rent commencement. The term of the Lease will commence on the earlier of the date of Completion of the Lease and the date on which the Tenant occupies the Premises under clause 10.3; The rent commencement date in the Lease shall be the date which falls on the seventh anniversary of the date upon which the Tenant is given occupation and use of the Premises under clause 10.3.
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Term and rent commencement. The term of the Lease will commence on the earlier of the date of Completion of the Lease and the date on which the Tenant occupies the Premises under clause 9.3; The rent commencement date in the Lease shall be the date which falls on the seventh anniversary of the date upon which the Tenant is given occupation and use of the Premises under clause 9.3. 10.5Service charge and insurance rent - commencement Any service charge and insurance rent payable under the Lease will commence to be payable from the date of commencement of the term of the Lease as calculated in clause 10.4 but subject always to the provisions of clause 9.4.3 and such date will be inserted where indicated in the Lease accordingly.
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Term and rent commencement. 3.1 The term (the “Term”) shall commence on the date Landlord delivers possession of the Premises to Tenant with the Turnover Conditions (as hereinafter defined) completed and otherwise in the condition required by this Lease (the “Lease Commencement Date”) and shall end, without the necessity of notice from either party to the other, on the Expiration Date (defined in Section 1.7).
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Term and rent commencement. A. The term of this Lease shall be for ten (10) years and shall commence on the first day of the first full month following the Rent Commencement Date as defined below.
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Term and rent commencement. The term of TerreStar’s tenancy shall commence upon the start of construction of the Tenant Facilities or twelve (12) months following the Effective Date of the agreement, whichever first occurs. Within fifteen (15) business days following the Term Commencement Date and on the first day of each month thereafter, Tenant shall pay to lessor the agreed upon rent. Rent for any fractional month at the beginning or at the end of the Term or Renewal Term shall be prorated.
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Term and rent commencement. A. The term of this Lease shall be for ten (10) years and shall commence on the first day of the first full month following the Rent Commencement Date as defined below. B. The obligation to pay rent shall commence upon the expiration of the existing Lease of the Leased Premises by and between Landlord and Tenant presently in force ("Rent Commencement Date"). Tenant shall use the Leased Premises for the operation of an auto service center and, with Landlord's approval, which approval shall not be unreasonably withheld or delayed, for any other lawful purpose, except Tenant shall not use the Leased Premises for the display or sale of adult entertainment services or products nor as a drinking establishment, nor for the display or sale of tobacco products or alcohol products. Additionally, Tenant shall not use the Leased Premises for any other purpose that would tend to devaluate the Property, impair Landlord's reputation or the reputation of the Leased Premises. Landlord's approval shall not be unreasonably withheld or delayed.
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Related to Term and rent commencement

  • Term and Rent Lessor demises the above premises for a term of twenty years, commencing January 1, 1993, and terminating o December 31, 2012, or sooner as provided herein at the annual rent of Twenty Four Thousand Dollars ($24,000.00), payable in equal installments in advance on the first day of each month for that month's rental, during the term of this lease. All rental payments shall be made to Lessor, at the address specified above.

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans: the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Term and Renewal This Agreement shall become effective as of the Effective Date and shall remain in effect for a period of three years from and after the Live Date (the “Initial Term”), and thereafter shall automatically renew for successive three year terms (each such period, a “Renewal Term”) unless terminated by any party giving written notice of non-renewal at least one hundred eighty days prior to the last day of the then current term to each other party hereto.

  • Lease Commencement Notwithstanding anything contained herein to the contrary, if Lessor, for any reason whatsoever, including Lessor's negligence except as provided for in Article 27(b), cannot deliver possession of the Premises, as provided for in Article 27(a), to Lessee at the commencement of the agreed Term as set forth in Article 2, this Lease shall not be void or voidable, nor shall Lessor be liable to Lessee for any loss or damage resulting therefrom, but in that event, the Term shall be for the full term as specified above to commence from and after the date Lessor shall have delivered possession of the Premises to Lessee or from the date Lessor would have delivered possession of the Premises to Lessee but for Lessee's failure to timely supply to Lessor such drawings and/or information required by Exhibit C or for any other reason attributable to Lessee (herein the "Commencement Date") and to expire midnight of the day immediately preceding Term anniversary of the Commencement Date, and if requested by Lessor, Lessor and Lessee shall, ratify and confirm said Commencement and Expiration Dates by completing and signing Exhibit G attached hereto and made a part hereof.

  • Commencement Date The Subcontractor shall be permitted to begin the Services on , 20 (“Commencement Date”).

  • Commencement of Term The Term commences upon the Commercial Operation Date.

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) the later to occur of (A) November 1, 2018 and (B) the date upon which the Premises are Ready for Occupancy (as that term is defined in Section 5.1 of the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”)).

  • Extension Term Provided Lessee is not in default in the performance of any term or condition of this Lease, Lessee shall have the option to extend this Lease for two (2) additional terms of five (5) years per term, commencing with the expiration of the first or additional term, upon the following conditions:

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