Rent Commencement Date definition

Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

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Rent Commencement Date shall be the earlier of: (x) the date that is 6 months after the Commencement Date; and (y) the date Tenant conducts any business in the Premises or any part thereof. If Substantial Completion of the Tenant Improvements is delayed due to Landlord Delays beyond the date that is 6 months after the Commencement Date and Tenant has not commenced doing business in any part of the Premises, the Rent Commencement Date shall be extended to the extent of such Landlord Delays on a day-for-day basis. Upon request of Landlord, Tenant shall execute and deliver a written acknowledgment of the Commencement Date, the Rent Commencement Date and the expiration date of the Term when such are established in the form of the “Acknowledgement of Commencement Date” attached to this Lease as Exhibit D; provided, however, Tenant’s failure to execute and deliver such acknowledgment shall not affect Landlord’s rights hereunder. The “Term” of this Lease shall be the Base Term, as defined above on the first page of this Lease and the Extension Term which Tenant may elect pursuant to Section 39 hereof. Except as set forth in the Work Letter or as expressly set forth in any representation or warranty of Landlord in this Lease: (i) Tenant shall accept the Premises in their condition as of the Commencement Date, subject to all applicable Legal Requirements (as defined in Section 7 hereof); (ii) Landlord shall have no obligation for any defects in the Premises; and (iii) Tenant’s taking possession of the Premises shall be conclusive evidence that Tenant accepts the Premises and that the Premises were in good condition at the time possession was taken. Any access to or occupancy of the Premises by Tenant before the Rent Commencement Date shall be subject to all of the terms and conditions of this Lease, excluding the obligation to pay Base Rent and Operating Expenses. Tenant agrees and acknowledges that, except as expressly set forth in this Lease, neither Landlord nor any agent of Landlord has made any representation or warranty with respect to the condition of all or any portion of the Premises or the Project, and/or the suitability of the Premises or the Project for the conduct of Tenant’s business, and Tenant waives any implied warranty that the Premises or the Project are suitable for the Permitted Use. This Lease constitutes the complete agreement of Landlord and Tenant with respect to the subject matter hereof and supersedes any and all prior representations, inducements, promises, ag...

Rent Commencement Date means the Commencement Date.

Examples of Rent Commencement Date in a sentence

If the Rent Concession Period shall expire on a date other than the last day of a calendar month, then on the Rent Commencement Date, Tenant shall pay to Landlord a monthly installment of Annual Fixed Rent prorated to the end of said calendar month.
As soon as may be convenient after the Rent Commencement Date and Base Building Delivery Date have been determined, Landlord and Tenant agree to join with each other in the execution of a written agreement, in the form of Exhibit L hereto, in which the Rent Commencement Date and the Expiration Date shall be stated, but the failure by either party to so execute or deliver such agreement shall not in any way reduce the respective obligations or rights of Landlord or Tenant under this Lease.
Notwithstanding the foregoing, if the Rent Commencement Date is other than the first day of a month, the Expiration Date shall be the last day of the calendar month in which the fifteenth (15th) anniversary of the Rent Commencement Date occurs.
From and after the Rent Commencement Date, Tenant shall also pay to Landlord, as Additional Rent, T▇▇▇▇▇’s Share of Tax Expenses.
Subject to any extensions of the Lease Term in accordance with the terms and conditions of Article 21, the Lease Term shall end on the day immediately preceding the fifteenth (15th) anniversary of the Rent Commencement Date, which ending date is hereinafter called the “Expiration Date”, or shall end on such earlier date upon which the Lease Term may expire or be terminated pursuant to any of the conditions of limitation or other provisions of this Lease or pursuant to law.

More Definitions of Rent Commencement Date

Rent Commencement Date means, regarding each Property, the Completion Date.

Rent Commencement Date. As defined in Section 1.1.

Rent Commencement Date means the end of gestation period reckoned from the handing/taking over of the site (defined as Access Date) or the commencement of the business, whichever is earlier. In case the authority hands over less than 100% of the location, then rent charged from rent commencement date will be in proportion to the space handed over. When the authority hands over the remaining space to the vendor, the vendor will be given a gestation period as mentioned in RFQ/RFP/Tender Document after which (or till commencement of business, whichever is earlier), from the very next day or commencement of business, whichever is earlier, they will be charged rent for the remaining space. A handing over/taking over report is to be signed by the concessionaire with AAI on or before the commencement date.

Rent Commencement Date means March 1, 1997.

Rent Commencement Date means:

Rent Commencement Date means the date on which the payment of Rent commences as specified in the Basic Lease Information.

Rent Commencement Date shall have the meaning set forth in the Basic Lease Provisions.