Expansion Premises Delivery Date definition
Examples of Expansion Premises Delivery Date in a sentence
Landlord shall deliver the Expansion Premises to Tenant in the Delivery Condition (as defined below) on December 1, 2025 (the “Anticipated Expansion Premises Delivery Date”); provided that, the Expansion Premises Delivery Date shall not be delayed if Landlord delivers the Expansion Premises to Tenant with only minor or immaterial items relating to the Delivery Condition not completed and such items do not delay Tenant’s construction of the Tenant Improvements.
The Expansion Premises Term shall commence on the later of June 1, 2026 and the date that is one day following the date that is hundred eighty (180) days following the Expansion Premises Delivery Date (such 180-day period being the “Fit-Out Period”) (the “Expansion Premises Commencement Date”), and shall expire on the Extended Lease Expiration Date.
If ▇▇▇▇▇▇’s initial modifications, alterations or improvements to the Expansion Premises made within twelve (12) months of the Expansion Premises Delivery Date require the abatement of any ACM (“ACM Work”), Tenant shall ▇▇▇▇▇ such ACM and Landlord shall reimburse Tenant for the actual third-party costs incurred by Tenant following the completion of such ACM abatement by ▇▇▇▇▇▇.
Upon the Expansion Premises Delivery Date, all references in the Lease or this Amendment to the “Premises” shall be deemed to include the Existing Premises and the Expansion Premises; provided, however, that Tenant shall not be liable for any Base Rent or Direct Expenses for the Expansion Premises until the Expansion Premises Commencement Date.