Phase I Commencement Date definition

Phase I Commencement Date means October 1, 2017.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Phase I Commencement Date has the meaning provided under the Coreweave Lease.

Phase I Commencement Date and the "Phase II Commencement Date" shall mean the dates determined in accordance with Section 3 hereof.

Examples of Phase I Commencement Date in a sentence

For purposes of documenting the current condition of the FF&E, Tenant and Landlord shall, prior to the Phase I Commencement Date, as to the Phase I Premises, and prior to the Phase II Commencement Date, as to the Phase II Premises, conduct a joint walk-through of the Premises in order to inventory items of damage or disrepair in the FF&E.
Landlord will deliver the Phase I Premises and the Phase II Premises with all HVAC systems in good operating condition on the Phase I Commencement Date and the Phase II Commencement Date.
The Base Rent shall be payable on the Phase I Commencement Date and thereafter monthly, in advance, on the first day of each and every month during the Lease Term.
If the Phase I Commencement Date or the Phase II Commencement Date, or both, does not occur on the first Day of a calendar month, the pro rata portion of Base Rent that would have otherwise been abated in such month shall be applied to the next installments of Base Rent coming due under the Lease until exhausted.
If the Phase I Commencement Date or the Phase II Commencement Date is a day other than the first day of a calendar month, or the Lease Term expires on a day other than the last day of a calendar month, then the Rent for such partial month shall be calculated on a per diem basis equal to 1/365 of the applicable annual Rent.

More Definitions of Phase I Commencement Date

Phase I Commencement Date. The date determined pursuant to Article 2, which date is anticipated to be the Projected Phase I Commencement Date specified in Section 1.1.

Phase I Commencement Date means the first day of the first calendar month immediately following the expiration of 6 months after the date on which Landlord delivers possession of the Phase I(b) Premises to Tenant in the condition required by this Lease.

Phase I Commencement Date shall be (i) the date on which Landlord has substantially completed the Landlord Work (if any) and tendered possession of the Phase I Premises to Tenant; or (ii) any earlier date upon which Tenant, with L▇▇▇▇▇▇▇’s written permission, takes possession of any portion of the Phase I Premises to commence construction of the Tenant Work.

Phase I Commencement Date shall be the Substantial Completion Date (as defined in the Tenant Improvement Agreement attached hereto as Exhibit B) with respect to that portion of the Expansion Space commonly identified as 1▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇ Jose, California, containing approximately 27,087 rentable square feet (the “Phase I Space”), which date is estimated to be October 1, 2005 (the “Phase I Target Delivery Date”).

Phase I Commencement Date. The earlier to occur of (i) the date on which Landlord’s Office Premises Work has been “substantially completed” and the Office Premises are “ready for occupancy” (as such terms are defined in Exhibit B-1 hereof) or (ii) the date upon which Tenant occupies all or any portion of the Office Premises for its beneficial use. The Phase I Commencement Date is also sometimes referred to herein as the “Commencement Date”. Estimated Phase I Commencement Date: September 1, 2026 Phase II Commencement Date: The earlier to occur of (i) the date on which Landlord’s Lab Premises Work has been “substantially completed” and the Lab Premises are “ready for occupancy” (as such terms are defined in Exhibit B-1 hereof) or (ii) the date upon which Tenant occupies all or any portion of the Lab Premises for its beneficial use. Estimated Phase II Commencement Date: November 1, 2026 Premises: Prior to the Phase II Commencement Date, the Premises shall consist of the Office Premises only. From and after the Phase II Commencement Date, the Premises shall consist of the Office Premises and the Lab Premises, collectively.

Phase I Commencement Date means the first date that the Gaming Enterprise is open to the public and Gaming is being conducted at the Property on a temporary interim basis.

Phase I Commencement Date. The earlier of (a) the later to occur of Substantial Completion of the Phase I Premises (as defined in Section 3.2 below) or July 1, 2006, and (b) the date Tenant occupies any portion of the Phase I Premises for the conduct of business.