Time Deadlines. Tenant shall use its best efforts to cooperate with Landlord and its architect, engineers and other consultants to complete all phases of the Plans, approve the Construction Pricing Proposal and obtain the permits for the Tenant Improvement Work as soon as possible after the execution of this Agreement, and Tenant shall meet with Landlord, in accordance with a schedule determined by Landlord, to discuss the parties’ progress. Without limiting the foregoing, Tenant shall approve the Construction Pricing Proposal pursuant to Section 2.6 above on or before Tenant’s Approval Deadline (defined below). As used in this Extension Work Letter, “Tenant’s Approval Deadline” means the date occurring 90 days after the mutual execution and delivery of this Agreement; provided, however, that Tenant’s Approval Deadline shall be extended by one day for each day, if any, by which Tenant’s approval of the Construction Pricing Proposal pursuant to Section 2.6 above is delayed by any failure of Landlord to perform its obligations under this Section 2.
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Samples: Office Lease (Tracon Pharmaceuticals, Inc.), Office Lease (Tracon Pharmaceuticals, Inc.), Office Lease (Tracon Pharmaceuticals Inc)
Time Deadlines. Tenant shall use its best efforts to cooperate with Landlord and its architect, engineers and other consultants to complete all phases of the Plans, approve the Construction Pricing Proposal and obtain the permits for the Tenant Improvement Work and approve the Cost Proposal (defined in Section 3.2 below) as soon as possible after the execution of this Agreement, and Tenant shall meet with Landlord, in accordance with a schedule determined by Landlord, to discuss the parties’ progress. Without limiting the foregoing, Tenant shall approve cause the Construction Pricing Proposal pursuant Completion Date (defined below) to Section 2.6 above occur on or before Tenant’s Approval Deadline the Pricing Due Date (defined below). As used in this Extension Work Letter, “Tenant’s Approval DeadlinePricing Completion Date” means the date occurring 90 days after on which Tenant approves the mutual execution and delivery of Cost Proposal pursuant to Section 3.2 below. As used in this AgreementWork Letter, “Pricing Due Date” means June 30, 2010; provided, however, that Tenant’s Approval Deadline the Pricing Due Date shall be extended by one day for each day, if any, by which Tenant’s approval of the Construction Pricing Proposal pursuant to Section 2.6 above Completion Date is delayed by any failure of Landlord to perform comply with its obligations under this Section 22 or Sections 3.2 or 3.3.3 below.
Appears in 2 contracts
Samples: Lease Agreement (GigOptix, Inc.), Office Lease Agreement (GigOptix, Inc.)
Time Deadlines. Landlord and Tenant shall use its their best efforts to cooperate with Landlord each other and its architectthe Architect, engineers Engineers and other consultants to complete all phases of the Plans, approve the Construction Pricing Proposal and obtain the permits for the Tenant Improvement Work as soon as possible after the execution of this Agreement, and Tenant and Landlord shall meet with Landlordeach other, in accordance with a schedule reasonably determined by Landlord, to discuss the parties’ progress. Without limiting the foregoing, Tenant shall approve the Construction Pricing Proposal pursuant to Section 2.6 above on or before Tenant’s Approval Deadline (defined below). As used in this Extension Work Letter, “Tenant’s Approval Deadline” means 10 days from Tenant’s receipt of the date occurring 90 days after the mutual execution and delivery of this Agreement; Construction Pricing Proposal from Landlord provided, however, that Tenant’s Approval Deadline shall be extended by one day for each day, if any, by which Tenant’s approval of the Construction Pricing Proposal pursuant to Section 2.6 above is delayed by any failure of Landlord to perform its obligations under this Section 2.
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