Examples of Scheduled Rent Commencement Date in a sentence
Landlord and Tenant agree that, upon execution of this Amendment, the Premises shall be deemed to include the First Expansion Premises, and all provisions of the Lease relating to the Commencement Date, the Scheduled Rent Commencement Date and the Rent Commencement Date with respect to the 45 Xxxxxx Building shall apply to the First Expansion Premises.
Tenant agrees that in order to complete the Tenant Improvements in time for the Scheduled Rent Commencement Date, CIC will commence construction of Tenant Improvements before the Base Building Work has been Substantially Completed, provided that CIC shall not be required to commence construction of Tenant Improvements until the Base Building Work is sufficiently completed to the extent that it is practicable for CIC to commence construction of Tenant Improvements without additional cost or delay.
Tenant shall have the period commencing on the Tenant Construction Readiness Date until the Scheduled Rent Commencement Date for each of the aforesaid buildings during which Tenant may cause the Leasehold Improvements to be constructed prior to the commencement of the rental and other obligations that accrue thereafter.
There is also a very strong argument that homeworking should be encouraged by the Government from an environmental point of view.
If the Lease Term commences earlier or later than the Scheduled Rent Commencement Date, this Lease shall nevertheless expire on the Expiration Date, unless sooner terminated pursuant to the terms hereof.
No modification of the Construction Progress Schedule as hereinabove contemplated, or otherwise as permitted hereunder, shall necessarily result in a postponement of the Scheduled Rent Commencement Date or the Rent Commencement Date.
This exclusive option to lease is exercisable only during the first twelve (12) months after the Scheduled Rent Commencement Date and this exclusive option to lease shall expire if not exercised within that time.
Without limitation of the foregoing, there shall be no postponement of the Scheduled Rent Commencement Date to the extent that the Tenant Construction Readiness Date, the Substantial Completion of the Landlord’s Work or Tenant’s Construction Work is delayed on account of Tenant Delay.
Provided that the Tenant is not then in material default under the provisions of this Lease, for the first twelve (12) months after the Scheduled Rent Commencement Date, the Tenant shall have the exclusive option to lease approximately 8,700 square feet of office space on the second floor of Building 24 at a Monthly Rent of fifty cents ($0.50) per square foot per month, plus a proportionate Tenant's Share of Real Property Taxes and Fuel Costs and Operating Expenses.
If Landlord does not tender possession of Block One to Tenant on or before the Scheduled Rent Commencement Date (Block One) or Block Two by the Scheduled Rent Commencement Date (Block Two), for any reason whatsoever, Landlord shall not be liable for any damage thereby, and this Lease shall not be void or voidable thereby.