Examples of Reduction Effective Date in a sentence
Further, any applicable Reduction Effective Date shall be delayed until such time as Tenant has not been late in the payment of Rent on more than one (1) occasion in the previous twelve (12) month period.
Then according to Lemma 15 [Mez12]−w Λaw−1Λ =∼ ω|M (R) ⊗ aδθ 1if and only if w satisfies (4.21).Proposition 4.12.
No holding over by Tenant in the Reduction Space or payments of money by Tenant to Landlord after the Reduction Effective Date shall be construed to prevent Landlord from recovery of immediate possession of the Reduction Premises by summary proceedings or otherwise.
Tenant shall vacate the Reduction Space in accordance with the terms of the Lease on or prior to November 30, 2015, which is the date immediately preceding the Reduction Effective Date (defined in Section 1(b) below) and Tenant shall fully comply with all obligations under the Lease respecting the Reduction Space up to the Reduction Effective Date, including, without limitation, those provisions relating to the condition of the Reduction Space and the removal of Tenant’s Property from the Reduction Space.
Should Tenant cause any delays in Landlord’s performance of the Demising Work such that the Reduction Effective Date occurs after December 1, 2015, Tenant shall pay Base Rent for the entirety of the Premises based upon the rental rate set forth in the rent schedule set forth in Section 3 below, and no reduction in Tenant’s Pro Rata Share as provide in Section 4 below shall be effective until the actual occurrence of the Reduction Effective Date.
Promptly following the Reduction Effective Date, Landlord and Tenant shall enter into a letter agreement in the form attached hereto as Exhibit B, specifying and/or confirming the Reduction Effective Date, the Second Extended Termination Date, and the schedule of Base Rent payable hereunder and Tenant’s Pro Rata Share.
Following the SGM, in the event Shareholders’ approval for the Proposed Share Premium Reduction is obtained, an announcement will be issued by the Company to confirm the Share Premium Reduction Effective Date to be the date of the SGM or such other date as the Directors of the Company may determine.
From and after the Reduction Effective Date, Tenant’s Pro Rata Share for the Remaining Portion of the Original Premises is decreased to 2% (i.e., 9,685/483,528 (the rentable area of the Building) x 100).
From and after the Reduction Effective Date, Tenant shall pay Tenant’s Pro Rata Share of Expenses and Taxes in accordance with the terms of the Lease, provided, however, effective as of the Reduction Effective Date, the Base Year for the computation of Tenant’s Pro Rata Share of Expenses and Taxes shall be calendar year 2016.
No postponement of the Reduction Effective Date shall change the Second Extended Termination Date.