Vacancy Date definition

Vacancy Date means, with respect to a particular Sublease, the date that is 270 days following the Notice Date with respect to such Sublease; provided, Target or Target Canada may designate up to 20 particular Subleases in each of the First Four Fiscal Quarters for which the Vacancy Date would mean the date that is 180 days following the Notice Date with respect to each such Sublease; and provided further that:
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Vacancy Date means the earlier to occur of (i) the date that is the tenth (10th) anniversary of the rent commencement date of the term of the initial lease of any portion of the Coach Expansion Premises, and (ii) the date that is the thirteenth (13th) anniversary of the date on which Optionee first occupies the Coach Unit for the normal conduct of business in the ordinary course. Within five (5) Business Days after the execution of the initial space lease with respect to Unit 2A or Unit 2B, Optionor shall provide written notice thereof (the “Optionor’s Vacancy Date Notice”) to Optionee, which notice shall expressly advise Optionee of the commencement date of the term of such lease, and promptly following the date on which Optionee first occupies the Coach Unit for the normal conduct of business in the ordinary course, Optionee shall provide written notice (the “Optionee’s Vacancy Date Notice”) to Optionor thereof. At the request of either Party, Optionor and Optionee shall promptly following the execution of the initial lease for Unit 2A or Unit 2B, confirm the Vacancy Date and the date on which the Option Period ends for the applicable Coach Expansion Premises by a separate written instrument; provided, that the failure of Optionor to deliver Optionor’s Vacancy Date Notice or of Optionee to deliver Optionee’s Vacancy Date Notice, or the failure of the Parties to execute and deliver such instrument shall not affect the Option Period or the Option. If Optionor shall not deliver the Optionor’s Vacancy Date Notice to Optionee with respect to Unit 2A or Unit 2B on or prior to the date that is the third (3rd) anniversary of the date on which Optionee first occupies the Coach Unit for the normal conduct of business in the ordinary course thereof, the Vacancy Date for such Unit shall be deemed to be the date that is the thirteenth (13th) anniversary of the date on which Optionee first occupies the Coach Unit for the normal conduct of business in the ordinary course, and Optionor and Optionee shall then promptly confirm the Vacancy Date and the Option Period by a separate instrument; provided, that the failure to execute and deliver such instrument shall not affect the Option Period or the Option.
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Vacancy Date means the date whereby the Property will not have an active Tenancy;
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Examples of Vacancy Date in a sentence

  • Owner and Tenant acknowledge the possibility that all or any of the tenants or occupants of the Additional Space may not have vacated and surrendered the Additional Space to Owner by the Expected Vacancy Date.

  • Within thirty (30) days of delivery of a Purchase Option Notice, Optionor shall deliver to Optionee written notice (“Optionor’s Initial Purchase Price Determination”) specifying Optionor’s determination of the Purchase Price for such Purchase Option Exercise Space as of the date that immediately precedes the applicable Vacancy Date by one (1) year.

  • The composition of the Board shall consist of six (6) independent directors and two (2) management directors until the Vacancy Date.

  • Failure to vacate the Office by the Planned Vacancy Date may impact a SCO’s reapplication or future requests for Office Space.

  • In the unusual case when a SCO does not move out of their Office Space by the Planned Vacancy Date, the College reserves the right to change member access to the Office without notice to the SCO, or liability to the Office of Residence and Student Life, or the College.

  • The parties agree to use their respective reasonable best efforts for MarketShare to assign or Jade to assume the Lease by the "Vacancy Date" defined below, with the consent of the Landlord.

  • In the event that the Additional Space shall become available for leasing sooner than the Expected Vacancy Date because of the termination of the term of the lease or occupancy affecting the Additional Space, Owner shall have the right to accelerate the Expected Vacancy Date to such sooner date upon not less than ten (10) business days notice to Tenant.

  • All amounts which have been estimated because they have not been finally determined by the relevant Vacancy Date shall be finally adjusted in accordance with this Section 3.3(2) (such final adjustments being the “Post-Vacancy Adjustments”).

  • For the purpose of each Sublease referred to below, the “Sublease Expiration Date” will be the Vacancy Date specified in this Fourth Amendment Agreement.

  • Owner's Availability Notice may be given not more than eighteen (18) months prior to the date set forth in such Notice upon which the Additional Space is expected to become vacant and available for leasing (the date set forth in Owner's Availability Notice on which the Additional Space is expected to become available for leasing is sometimes referred to as an "Expected Vacancy Date").

Related to Vacancy Date

  • Scheduled Dissolution Date means, in respect of each Series, the date specified as such in the applicable Final Terms;

  • Lease Termination Date means the last day of the Lease Term.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.