Final Occupancy Date definition

Final Occupancy Date means the date upon which the entirety of the New Building has been approved for occupancy by the building inspector for the City of Nanaimo;
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Final Occupancy Date means either
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Final Occupancy Date means either: Initial: / fixed date: ; or Initial: / not earlier than June 1, 2021 and not later than July 1, 2023. Where the Final Occupancy Date stated above is a fixed date, the Unit shall be available for possession or occupancy by the Purchaser on such date, and such date shall constitute the “Confirmed Final Occupancy Date” hereunder. Where the Final Occupancy Date stated above is a range of dates, the Vendor shall provide a notice in writing to the Purchaser, at least THIRTY (30) DAYS in advance, advising that on a date specified in the notice, which date shall be within the range of dates stated above, the Unit shall be available for possession or occupancy by the Purchaser, and the date provided in such notice shall constitute the “Confirmed Final Occupancy Date” hereunder. If the Vendor, in its sole opinion, shall be unable to substantially complete the Unit for occupancy by the date that is Thirty (30) days after the Confirmed Final Occupancy Date as defined above, then the Vendor shall deliver a notice in writing to the Purchaser (the “Extended Date Notice”) advising of a revised occupancy date and the date provided in such Extended Date Notice shall, thereafter, constitute the “Confirmed Final Occupancy Date” hereunder, unless the Purchaser delivers a notice in writing to the Vendor (the “Rescission Notice”) within Ten (10) days of the Purchaser receiving the Extended Date Notice declaring that the Purchaser has rescinded this Agreement. Rescission of this Agreement shall be the only remedy of the Purchaser in the event of a delay by the Vendor in delivering occupancy of the Unit. Upon delivery of the Rescission Notice, the Vendor shall return any deposit to the Purchaser (without interest) within Fifteen (15) days whereupon the parties will be released from their obligations in this Agreement and the Purchaser shall have no recourse, or claim for liability or damages, whatsoever of any nature or kind against the Vendor. Notwithstanding anything to the contrary herein contained, if the Vendor is prevented from substantially completing the Unit for occupancy by the Confirmed Final Occupancy Date due to events of force majeure, including but not limited to acts of god, pandemics, strikes, walkouts, shortages of labour or materials, inclement weather, acts of crime or vandalism, any other matter or event beyond the Vendor’s control, or any matter referenced in the Act as a legitimate cause for delay, the Confirmed final Occupancy Date may, at the...
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Examples of Final Occupancy Date in a sentence

  • The Purchaser hereby waives the obligation of the Vendor to provide Thirty (30) days’ advance notice of the Confirmed Final Occupancy Date, and the Purchaser agrees that closing shall otherwise occur in accordance with the Purchase Contract on the Confirmed Final Occupancy Date as stated above.

  • Subject to the terms of the Section 14(k) of this Agreement, possession of the Unit shall be given at noon on the Confirmed Final Occupancy Date and the Purchaser shall be required to take possession of the Unit on the Confirmed Final Occupancy date, subject to the terms hereof being complied with.

  • Vacant possession of the Unit shall be given at noon on the Confirmed Final Occupancy Date and the Purchaser shall be required to take possession of the Unit on the Confirmed Final Occupancy date, subject to the terms hereof being complied with.

  • Notwithstanding the foregoing, should there be a difference of opinion between the LESSEE and LESSOR regarding the Final Occupancy Date, the parties agree to make their best efforts to amicably resolve the dispute, and if the difference persists after 30 (thirty) days following the LESSOR's notice of completion of the LESSOR's Improvements, to submit said issue to the binding arbitration provided hereinbelow.

  • For purposes hereof, the Final Occupancy Date shall be the date on which LESSEE acknowledges the completion of LESSOR's Improvements, excluding the final punch list items listed above resulting from a walk-through and inspection of the Leased Premises by LESSEE's and LESSOR's representatives.

  • LESSOR agrees to complete all punch list items within 30 (thirty) days of the Final Occupancy Date.

  • The Final Occupancy Date shall be extended on a day-for-day basis for each day that a delay is occasioned as a result of the actions or inactions of the tenant, the Penn Lease and the tenancy thereunder or as a result of events outside of the control of the Landlord.

  • The Owner covenants and agrees that for a period of not less than forty (40) years following the Final Occupancy Date, the Affordable Rental Units shall not be subdivided from the Lands, and shall not be sold or otherwise transferred separately from one another, the Housing Project or the Housing Parcel.

  • This Lease will remain in effect until the expiration of a ten (10) year term (the “Lease Term”, or the “Term of this Lease”) as of the Final Occupancy Date, or August 14, 2004, whichever happens first (hereinafter the “Rent Commencement Date”).


More Definitions of Final Occupancy Date

Final Occupancy Date means either: Initial: / fixed date: ; or Where the Final Occupancy Date stated above is a fixed date, the Unit shall be available for possession or occupancy by the Purchaser on such date, and such date shall constitute the “Confirmed Final Occupancy Date” hereunder. Where the Final Occupancy Date stated above is a range of dates, the Vendor shall provide a notice in writing to the Purchaser, at least Thirty
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Related to Final Occupancy Date

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Ready for Occupancy means the date upon which (i) the Leased Premises are available for Tenant's occupancy in a broom clean condition and (ii) the improvements, if any, to be made to the Leased Premises by Landlord as a condition to Tenant's obligation to accept possession of the Leased Premises have been substantially completed and the appropriate governmental building department (i.e., the City building department, if the Property is located within a City, or otherwise the County building department) shall have approved the construction of such improvements as substantially complete or is willing to so approve the construction of the improvements as substantially complete subject only to compliance with specified conditions which are the responsibility of Tenant to satisfy or is willing to allow Tenant to occupy subject to its receiving assurances that specified work will be completed.

  • Prior Occupancy means Owner’s use of all or parts of the Project before Substantial Completion, as more fully set forth in Section 6.08 A.

  • Owner-occupied means property that is the principal

  • Child-occupied facility means a building or portion of a building constructed prior to 1978, visited regularly by the same child, age six years or younger on at least two different days within any week (Sunday through Saturday period), provided that each day’s visit lasts at least three hours and the combined weekly visit lasts at least six hours, and the combined annual visits last at least 60 hours. Child-occupied facilities may include, but are not limited to, day-care centers, preschools and kindergarten classrooms.

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Final Completion Date means the date on which Final Completion occurs.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Certificate of Occupancy means a document issued by the Town certifying that the building or structure, or portion thereof, complies with the approved construction documents that have been submitted to, and approved by the Town, and indicating that the building or structure, or portion thereof, is in a condition suitable for occupancy.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Date of occurrence in these Regulations means the date of contract signing, date of payment, dates of boards of directors resolutions, or other date that can confirm the counterparty and monetary amount of the transaction, whichever date is earlier.

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Tenant Delays means (A) Tenant’s request for changes to Landlord’s Work, regardless of whether any such changes are performed, (B) construction of any such changes, (C) Tenant’s request for materials, finishes, or installations requiring unusually long lead times that were not originally included as a part of Landlord’s Work, (D) Tenant’s delay (which shall mean more than 5 business days) in reviewing, revising, or approving any plans and specifications relating to Landlord’s Work, (E) Tenant’s delay in providing information critical to the normal progression of the Project (Tenant shall provide such information as soon as reasonably possible, but in no event longer than 5 business days after receipt of any request for such information from Landlord), and (F) any other act or omission by Tenant or any Tenant Party (as defined herein), or persons employed by any of such persons, (iv) “Substantially Completed” means the substantial completion of Landlord’s Work (A) in a good and workmanlike manner, (B) in accordance with the requirements described in Exhibit C, and (C) in accordance with all applicable Legal Requirements (including, but not limited to, securing the applicable final building inspection for Landlord’s Work), subject only to normal “punch list” items, and (v) “Existing Tenant Delay” means the refusal or failure by the Existing Tenant (as defined below) to surrender the Premises by July 1, 2010 in accordance with the terms and conditions of the Existing Lease (as defined below). Landlord will promptly perform such punch list items. Tenant shall obtain, at its sole cost and expense, any applicable use and occupancy permit for the Premises issued by the applicable Governmental Authority. If Tenant does not elect to void this Lease within 5 business days of the lapse of such 60 day period, such right to void this Lease shall be waived and this Lease shall remain in full force and effect. If neither Landlord nor Tenant elects to void this Lease within 5 business days of the lapse of such 60 day period, such right to void this Lease shall be waived and this Lease shall remain in full force and effect. Sequoia Pharmaceuticals, Inc. (“Existing Tenant”), is currently leasing the Premises from Landlord, and the lease agreement (“Existing Lease”) between Landlord and Existing Tenant is scheduled to expire on July 1, 2010 subject to Landlord’s right to advance the expiration date. Tenant understands, acknowledges, and agrees that Landlord makes no guaranty, representation, or assurance that Landlord will be able to recapture the Premises from the Existing Tenant by July 1, 2010 and that Landlord shall have no obligation or duty to seek the vacation or removal of the Existing Tenant from the Premises.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • bicycle parking space – occupant means an area that is equipped with a bicycle rack, locker or bicycle stacker for the purpose of parking and securing bicycles, and:

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • On-premises sign means a sign advertising activities conducted or maintained on the property on which it is located. The boundary of the property shall be as determined by tax rolls, deed registrations, and apparent land use delineations. If a sign consists principally of brand name or trade name advertising and the product or service advertised is only incidental to the principal activity conducted or maintained on the property, or if the sign brings rental income to the property owner or sign owner, it shall be considered the business of outdoor advertising and not an on-premises sign. On-premises sign does not include a sign on a narrow strip of land contiguous to the advertised activity, or a sign on an easement on adjacent property, when the purpose is clearly to circumvent the intent of this act.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Commencement Date means the date of this Agreement;

  • Virtual Completion means the premise is in the opinion of the Employer fit for occupation.

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.