Lease Completion definition

Lease Completion means completion of the relevant Lease
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Lease Completion. Lease Completion Date" "Library and Learning Centre" "Library and Learning Centre Planning Date" "Library and Learning Centre Specification" "Licence to Enter" "Listed Buildings Act" "Local Planning Authority" "London Living Wage"
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Lease Completion means completion of the transfer of the Lease by the Mortgagee to the Buyer;
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Examples of Lease Completion in a sentence

  • The Partner for itself and its successors in title agree that it will from each Lease Completion or (if earlier) the date on which the Partner occupies and/or carries out works on any Phase discharge and release the Council against any liability for or in relation to any Hazardous Substances present in, on, at, over or under that Phase or which may have migrated to any adjacent or nearby property after each relevant Lease Completion.

  • Each Phase or Sub-Phase and the Lease Back Land shall be let with Vacant Possession on Lease Completion, save where otherwise agreed by the parties.

  • If Buyer has not terminated this Agreement during the Due Diligence Period pursuant to Section 2(a), above, then within five (5) Business Days after the last to occur of expiration of the Due Diligence Period and the Lease Completion Period Seller shall give the Purchase Notice to Adcomp under the Lease and use commercially reasonable efforts to negotiate and execute the Adcomp Purchase Agreement and acquire the Property under the terms of the Adcomp Purchase Agreement.

  • The Partner agrees that the Council shall have no liability in relation to any Hazardous Substances present in on at under or from any Phase as from each relevant Lease Completion and the Partner agrees to indemnify and hold harmless the Council against all liabilities, damages, charges, fines and penalties, losses, costs, expenses (including properly incurred legal and professional fees) and claims related to or arising out of such Hazardous Substances.

  • Until the date a tenant under an Earnout Lease satisfies the Lease Completion Criteria for such space, during the Earnout Period, Seller shall collect and retain all rent, CAM, Taxes and insurance paid by the tenant under the Earnout Lease and shall have the right and obligation to perform those obligations of the “landlord” under each Earnout Lease to satisfy the Lease Completion Criteria.

  • The obligation of Buyer to pay the Earnout Payment shall terminate as of the end of the Earnout Period as to any remaining Earnout Space for which an Earnout Lease has not been tendered to Buyer (and all of the Lease Completion Criteria fulfilled) on or before the expiration of the Earnout Period.

  • Earnout Payments will be disbursed in installments as and when each Earnout Space satisfies the Lease Completion Criteria.

  • The Borrower acknowledges that each “Required Segment Delivery Date”, under and as defined in the Bank One Lease, shall constitute a separate Lease Completion Date under this Agreement.

  • The Council warrants to HTH Limited that on the Lease Completion Date there shall be no employees of the Council that will transfer to HTH Limited under the provisions of the Transfer of Undertakings (Protection of Employment) Regulations 2006 as a result of the terms of this Agreement.

  • The interest shall be payable at the Contract Rate on any unpaid amount for the period from the Lease Completion Date to the date of actual payment.


More Definitions of Lease Completion

Lease Completion means the Closing Date or, if later, the date when the lease of the Contributed Property is completed in terms of these Lease Conditions;
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Related to Lease Completion

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

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

  • 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:

  • 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.

  • Testson Completion means the tests which are specified in the Contractor agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Mechanical Completion means that (a) all components and systems of the Project have been properly constructed, installed and functionally tested according to EPC Contract requirements in a safe and prudent manner that does not void any equipment or system warranties or violate any permits, approvals or Laws; (b) the Project is ready for testing and commissioning, as applicable; (c) Seller has provided written acceptance to the EPC Contractor of mechanical completion as that term is specifically defined in the EPC Contract.

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

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

  • Phase 2 means the phase of the ATP comprised of: (1) improvements to the State Street Substation to receive Rebuilt Line 972; (2) the rebuilding of NYSEG’s existing Line 972 not performed in Phase 1; (3) construction of Relocated Line 15; (4) the construction of Bused Line 5; (5) improvements to the Elbridge Substation to receive Relocated Line 15; and (6) improvements to the Elbridge Substation to receive Bused Line 5.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Tests on Completion means the tests which are specified in the Contract or agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

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

  • Project Start Date means the first Milestone Start Date specified in Schedule B;