Term, Possession, and Anniversary Sample Clauses

Term, Possession, and Anniversary. The initial lease term shall be for the number of full calendar months from commencement date, plus the remainder of the last month. The commencement date of this lease shall be the later of (a) the date Specified in Basic Lease Information #6, (b) the date Lessee opens for --------------------------------------- business in Lessee's office space, or (c) five (5) days after Lessor delivers possession of Lessor's office space to Lessee and give Lessee written notice that Xxxxxx's work (as described in Exhibit E) is substantially complete. Xxxxxx's anticipated delivery date of possession is July 11, 1996. If Lessor ------------- delays in delivering possession of Xxxxxx's office space as shown on Exhibit A, the commencement and anniversary dates shall be delayed in accordance with Exhibit D. See Exhibit J, Special Conditions, Paragraph 2.
Sample 1
AutoNDA by SimpleDocs
Term, Possession, and Anniversary. The initial lease term shall be for the number of full calendar months from commencement date, plus the remainder of the last month. The commencement date of this lease shall be the earlier of (a) the date Specified in Basic Lease Information #6, (b) the date Lessee opens for business in Lessee's office space, or (c) five (5) days after Lessor delivers possession of Lessor's office space to Lessee and gives Lessee written notice that Lessxx'x xork (as described in Exhibit E) is substantially complete. Lessxx'x xnticipated delivery date of possession is May 1, 1997. If Lessor delays in delivering possession of Lessxx'x xffice space as shown on Exhibit A, the commencement and anniversary dates shall be delayed in accordance with Exhibit D.
Sample 1
Term, Possession, and Anniversary. The initial lease term shall be for the number of full calendar months from commencement date, plus the remainder of the last month. The commencement date of this lease shall be August 1, 2021. MASTER Lessee
Sample 1
Term, Possession, and Anniversary. The initial lease term shall be for the number of full calendar months from commencement date, plus the remainder of the last month. The commencement date of this lease shall be the earlier of (a) the date September 1, 2008, (b) the date Lessee opens for business in the Leased Premises, or (c) ten (10) days after Lessor delivers possession of Lessor’s Leased Premises to Lessee and gives Xxxxxx written notice that Lessor’s work (as described in Exhibit E) is substantially complete. In the event the Leased Premises are not available for Xxxxxx’s occupancy by September 1, 2008, then the Lessee may, at Xxxxxx’s option, terminate the Lease and receive its security deposit and any pre-paid rent back immediately. 5.1. TENANT FINISH-OUT. (Check one): (a) Lessor shall provide no tenant finish-out or improvements since Lessee has taken the Leased Premises “as is”. (b) Lessor shall perform any special construction described in Exhibit E. Costs of tenant finish-out or special construction shall be paid for pursuant to such exhibit.
Sample 1
Term, Possession, and Anniversary. The initial lease term shall be for eighty-five (85) calendar months from the "Commencement Date", plus the remainder of the last month. The "Commencement Date" of this lease shall be the earlier of (a) the date Lessee opens for business in Lessee's Office Space, or (b) five (5) days after Lessor delivers possession of Xxxxxx's Office Space to Lessee and the Interior Improvements are substantially complete.
Sample 1
Term, Possession, and Anniversary. The term of this Lease is identified in Basic Lease Summary #6. The Commencement Date of this Lease shall be the earlier of: (a) the Lease Commencement Date specified in Basic Lease Summary #6, or (b) the date Lessee opens for business in the Leased Premises. Lessor’s anticipated delivery date of possession is the Lease Commencement Date specified in Basic Lease Summary #6. At the time Lessor delivers Premises to Lessee as described above, Lessor and Lessee agree to execute a Commencement Agreement on the form attached as Exhibit D. If the Lease Commencement Date occurs on a day other than the first day of a calendar month, then the Term of this Lease shall be extended such that it shall continue for the number of full calendar months set forth in Basic Lease Summary #6 plus the first partial calendar month following the Lease Commencement Date.
Sample 1
Term, Possession, and Anniversary. The initial lease term shall be for sixty and a half (60.5) full calendar months from commencement date, plus any partial month at the beginning of the Lease term, the last day of the Lease term being December 31, 2011. The commencement date of this Lease shall be the earlier of: (a) December 15, 2006, or (b) The day Lessor delivers possession of the Leased Premises to Lessee. Lessor’s anticipated delivery date of possession is December 15, 2006. However, it is possible that the existing Lessee may vacate the premises prior to December 15, 2006, if that is the case, the Commencement Date would be moved accordingly. If Lessor delays in delivering possession of the Leased Premises as shown on Exhibit A, the commencement, expiration and anniversary dates shall be delayed according to the number of days of the delay. Rent and building operating expense pass-throughs will begin to accrue on the Lease commencement date.
Sample 1
AutoNDA by SimpleDocs
Term, Possession, and Anniversary. The initial lease term shall be for the number of full calendar months from commencement date, plus the remainder of the last month. The commencement date of this lease shall be the later of (a) August 1, 2013; or (b) five (5) days after Lessor delivers possession of Lessee’s Office Space to Lessee and gives Lessee written notice that Lessor’s work (as described in Exhibit E) is substantially complete (provided that if Lessor delivers possession of Lessee’s Office Space to Lessee with Lessor’s Work substantially complete in advance of August 1, 2013 and Lessee occupies the space and conducts its business therefrom; it being agreed that the conduct of business shall not include Xxxxxx’s early move-in of its furniture and equipment), then the commencement date shall be the date that Lessee commences the conduct of business at the Leased Premises. Xxxxxx’s anticipated delivery date of possession is August 1, 2013 (based on the deadlines set forth in Exhibit E). If the delivery of possession of Lessee’s Office Space is delayed, the commencement date, rent commencement date, date for commencement of additional rent (under Section 32.1), anniversary dates and expiration date shall all be likewise delayed, subject to clause (a) of the immediately preceding sentence. Notwithstanding the foregoing, if for any reason other than force majeure or a Lessee Delay (hereinafter defined) the completion of Lessor’s work as set forth in Exhibit E is not substantially completed and possession of Lessee’s Office Space is not delivered to Lessee by August 1, 2013, then upon the occurrence of the actual Commencement Date, Lessee shall be entitled to a rental credit equal to 50% of the Base Rent due for each day that elapses between August 1, 2013 (as extended by any Lessee Delays or force majeure) and the actual Commencement Date (which 50% credit shall be applied after the free rent period has expired). For example, if Lessor tenders possession of the Premises on September 1, 2013 and there are no Lessee Delays and no force majeure delays, then the free rent period shall expire on 12/31/13 and Lessee shall receive a credit of $14,263.34 against Base Rent for January, 2014); and (ii) if ECHELON IV BANKRATE, INC. Lessor Lessee the delay exceeds six (6) months (except to the extent caused by a Lessee Delay or a force majeure delay), Lessee shall have the right to terminate this Lease upon written notice to Lessor from and after the expiration of such 6 month period until Lessor ac...
Sample 1
Term, Possession, and Anniversary. The initial lease term shall be for the number of full calendar months from commencement date, plus the remainder of the last month. The commencement date of this lease shall be the earlier of (a) the date Specified in Basic Lease Information #6, (b) the date Lessee opens for business in Lessee's office space, or (c) five (5) days after Lessor delivers possession of Lessor's office space to Lessee and gives Lessee written notice that Xxxxxx's work (as described in Exhibit E) is substantially complete. Xxxxxx's anticipated delivery date of possession is Commencement Date . If Lessor delays in delivering possession of Xxxxxx's office space as shown on Exhibit A, the commencement and anniversary dates shall be delayed in accordance with Exhibit D. 5.1 Tenant Finish-Out (Check one): X (a) Lessor shall provide no tenant finish-out or improvements since Lessee has taken Xxxxxx's office space "as is".
Sample 1

Related to Term, Possession, and Anniversary

  • Dissolution Upon Expiration Date Unless earlier dissolved, the Trust shall automatically dissolve on July 30, 2040 (the “Expiration Date”), and the Trust Property shall be liquidated in accordance with Section 9.4.

  • Termination Upon Expiration Date The Trust shall automatically terminate on December 31, 20__ (the "Expiration Date") or earlier pursuant to Section 9.02.

  • Term and Annual Renewal The term of this Agreement shall be from the date of its approval by the vote of a majority of the Board of each Issuer, and it shall continue in effect from year to year thereafter only so long as such continuance is specifically approved at least annually by the vote of a majority of its Board, and the vote of a majority of those members of the Board who are neither parties to the Agreement nor interested persons of any such party, cast at a meeting called for the purpose of voting on such approval. “Approved at least annually” shall mean approval occurring, with respect to the first continuance of the Agreement, during the 90 days prior to and including the date of its termination in the absence of such approval, and with respect to any subsequent continuance, during the 90 days prior to and including the first anniversary of the date upon which the most recent previous annual continuance of the Agreement became effective. The effective date of the Agreement with respect to each Fund is identified in the Schedule A of this Agreement.

  • Extension of Facility Termination Date The Seller may advise any Managing Agent in writing of its desire to extend the Facility Termination Date for an additional period not exceeding 364 days, provided such request is made not more than 90 days prior to, and not less than 60 days prior to, the then current Facility Termination Date. Each Managing Agent so advised by the Seller shall promptly notify each Committed Purchaser in its related Purchaser Group of any such request and each such Committed Purchaser shall notify its related Managing Agent, the Collateral Agent and the Seller of its decision to accept or decline the request for such extension no later than 30 days prior to the then current Facility Termination Date (it being understood that each Committed Purchaser may accept or decline such request in its sole discretion and on such terms as it may elect, and the failure to so notify its Managing Agent, the Collateral Agent and the Seller shall be deemed an election not to extend by such Committed Purchaser). In the event that at least one Committed Purchaser agrees to extend the Facility Termination Date, the Seller Parties, the Collateral Agent, the extending Committed Purchasers and the applicable Managing Agent or Managing Agents shall enter into such documents as such extending Committed Purchasers may deem necessary or appropriate to reflect such extension, and all reasonable costs and expenses incurred by such Committed Purchasers, the Managing Agents and the Collateral Agent (including reasonable attorneys’ fees) shall be paid by the Seller. In the event that any Committed Purchaser (a) declines the request to extend the Facility Termination Date or (b) is in a Purchaser Group with respect to which the Seller did not seek an extension of the Facility Termination Date (each such Committed Purchaser being referred to herein as a “Non-Renewing Committed Purchaser”), and, in the case of a Non-Renewing Committed Purchaser described in clause (a), the Commitment of such Non-Renewing Committed Purchaser is not assigned to another Person in accordance with the terms of this Article XI prior to the then current Facility Termination Date, the Purchase Limit shall be reduced by an amount equal to each such Non-Renewing Committed Purchaser’s Commitment on the then current Facility Termination Date.

  • Dpa Term Paragraph 4 on page 1 of the DPA setting a three-year term for the DPA shall be deleted, and the following shall be inserted in lieu thereof: “This DPA shall be effective upon the date of signature by Finalsite and XXX. and shall remain in effect as between Finalsite and LEA 1) for so long as the Services are being provided to LEA or 2) until the DPA is terminated pursuant to Section 15 of this Exhibit G, whichever comes first. ”

  • Extension of Maturity Date (a) On any anniversary of the Closing Date prior to the Maturity Date, the Borrowers may request to extend the then-applicable Maturity Date (the “Existing Maturity Date”) for an additional one-year period (an “Extension Period”) to the date that is one year after the Existing Maturity Date (the “Requested Maturity Date”); provided that the Borrowers may extend the Maturity Date for a maximum two (2) such Extension Periods. The Borrowers may make such request in a notice given as herein provided and substantially in the form attached hereto as Exhibit 2.8(a) (the “Extension of Maturity Date Request”) to the Administrative Agent not less than 30 days and not more than 90 days prior to any anniversary of the Closing Date, so long as (i) each of the representations and warranties contained in Section 7 and in the other Credit Documents shall be true and correct in all material respects on and as of the date of such notice and as of the commencement date of the relevant Extension Period as if made on and as of each date (or, if any such representation and warranty is expressly stated to have been made as of a specific date, as of such specific date) and (ii) no Default or Event of Default shall have occurred and be continuing on the date of such notice and as of the commencement date of the relevant Extension Period. Each Lender, acting in its sole discretion, shall, not later than a date 30 days after its receipt of any such notice from the Administrative Agent, notify the Borrowers and the Administrative Agent in writing of its election to extend or not to extend the Existing Maturity Date with respect to its Commitment. Any Lender which shall not timely notify the Borrowers and the Administrative Agent of its election to extend the Existing Maturity Date shall be deemed not to have elected to extend the Existing Maturity Date with respect to its Commitment (any Lender who timely notifies the Borrowers and the Administrative Agent of an election not to extend or fails to timely notify the Borrowers and the Administrative Agent of its election being referred to as a “Terminating Lender” and all such Lenders, collectively, the “Terminating Lenders”). The election of any Lender to agree to a requested extension shall not obligate any other Lender to agree to such requested extension. (b) If and only if (i) one or more Lenders shall have agreed in writing during the 30 day period referred to in Section 2.8(a) to extend the Existing Maturity Date and (ii) the Borrowers shall have submitted to the Administrative Agent, on the commencement date of the relevant Extension Period, a certificate of the Borrowers, substantially in the form of Exhibit 2.8(b) (the “Extension of Maturity Date Certificate”), stating that (x) the representations and warranties made by each Borrower in or pursuant to the Credit Documents are true and correct in all material respects on and as of the date thereof (or, if any such representation and warranty is expressly stated to have been made as of a specific date, as of such specific date) and (y) no Default or Event of Default by each Borrower has occurred and is continuing, then (A) the Commitments of the Lenders other than Terminating Lenders (the “Continuing Lenders”, each a “Continuing Lender”) shall, subject to the other provisions of this Credit Agreement, be extended to the Requested Maturity Date specified in the Extension of Maturity Date Request from the Borrowers, and as to such Lenders the term “Maturity Date”, as used herein, shall on and after the date as of which the requested extension is effective mean such Requested Maturity Date, provided that if such date is not a Business Day, then such Requested Maturity Date shall be the next succeeding Business Day and (B) the Commitments and L/C Commitment share (if applicable) of the Terminating Lenders shall continue until the Existing Maturity Date and shall then terminate, and as to the Terminating Lenders, the term “Maturity Date”, as used herein, shall continue to mean the Existing Maturity Date. The Administrative Agent shall promptly notify (x) the Lenders of any Extension of Maturity Date Request, (y) the Lenders and the Borrowers of any extension of the Existing Maturity Date pursuant to this Section 2.8 and (z) the Borrowers and the Lenders of any Lender which becomes a Terminating Lender. (c) In the event that the Maturity Date shall have been extended for the Continuing Lenders in accordance with paragraph 2.8(b) above and, in connection with such extension, there are Terminating Lenders, the Borrowers may, at their own expense and in their sole discretion and prior to the Existing Maturity Date, require any Terminating Lender to transfer and assign its interests, rights and obligations under this Credit Agreement in accordance with Section 4.5 to an Eligible Assignee that shall assume such assigned obligations and that shall agree that its Commitment will expire on the Maturity Date in effect for Continuing Lenders; provided, however, that the Borrowers shall have given written notice to the Administrative Agent in the case of an assignee that is not a Lender. Any such Eligible Assignee’s initial Maturity Date shall be the Maturity Date in effect for the Continuing Lenders at the time of such assignment. The Borrowers shall not be permitted to require a Lender to assign any part of its interests, rights and obligations under this Credit Agreement pursuant to this Section 2.8(c) unless the Borrowers have notified such Lender of their intention to require the assignment thereof at least ten days prior to the proposed assignment date. Any Eligible Assignee which becomes a Lender as a result of such an assignment made pursuant to this Section 2.8(c) shall be deemed to have consented to the applicable Extension of Maturity Date Request and, therefore, shall not be a Terminating Lender. (d) Revolving Loans or L/C Obligations owing to any Terminating Lender on the Existing Maturity Date with respect to such Terminating Lender shall be repaid in full, with accrued interest and all other amounts then due and owing thereon, on the Existing Maturity Date with respect to such Terminating Lender.

  • Effective Date Duration and Renewal This Agreement shall become effective as of May 1, 2010. Unless terminated as provided in Section 14 below, this Agreement shall continue in effect as to each Fund until July 31, 2011 and thereafter from year to year only so long as such continuance is specifically approved at least annually (a) by a majority of those trustees who are not interested persons of CAT or of Columbia WAM, voting in person at a meeting called for the purpose of voting on such approval, and (b) by either the Board or vote of the holders of a “majority of the outstanding shares” of that Fund (which term as used throughout this Agreement shall be construed in accordance with the definition of “vote of a majority of the outstanding voting securities of a company” in Section 2(a)(42) of the 1940 Act).

  • Partial Disposal During Term of Service Agreement Throughout the Term of the Service Agreement, LEA may request partial disposal of Student Data obtained under the Service Agreement that is no longer needed. Partial disposal of data shall be subject to LEA’s request to transfer data to a separate account, pursuant to Article II, section 3, above.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

  • Contract Duration and Annual Salary 1. The College hereby employs the Administrator in the capacity of Director - Marketing Services, Associate Professor for one year, commencing on July 1, 2024 and terminating on June 30, 2025. The Administrator accepts such employment on the conditions hereinafter set forth, and any applicable provisions of the Board of Trustees Policy Manual. In the event of conflict between Board Policy and this Contract, the Contract shall govern. 2. For the 2024-2025 contract year, the Administrator shall receive an annual salary of $178,054.00 subject to applicable deductions, to be paid in bi-weekly installments as full compensation for all rights granted and service performed under this Contract.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!