Examples of Expansion Premises in a sentence
The Contractor must complete any Capital Investments and Fixed Improvements to the Expansion Premises by the completion of Contract Year 10.
An annual rent for the land identified on the Premises as Expansion Premises shall be assessed for each Contract Year (“Annual Ground Rent”).
If the Contractor has not reached Substantial Completion by October 31, 2032, the Expansion Premises may be removed from the Premises herein, and the Contractor shall have no further rights to the Expansion Premises.
If removed, the Airports Authority may, at its discretion, offer the use of the Expansion Premises to other parties or use the Expansion Premises itself.
The Possession Date for the work contemplated by this Amendment shall be March 1st, 2021 Upon the opening of the Charging Station (including the Expansion Premises), Tesla shall deliver written notice to Counterparty of the updated Commencement Date and the old Commencement Date, which occurred on September 24th 2018 shall be of no further force or effect.