Common use of ACCEPTANCE OF PREMISES MEMORANDUM Clause in Contracts

ACCEPTANCE OF PREMISES MEMORANDUM. Upon Substantial Completion (as defined in Exhibit "D") of Tenant's Improvements, Landlord and Tenant shall execute the Acceptance of Premises Memorandum, a form of which is attached hereto as Exhibit "E" and incorporated herein for all purposes. If Tenant occupies the Premises without executing an Acceptance of Premises Memorandum, Tenant shall be deemed to have accepted the Premises for all purposes and Substantial Completion shall be deemed to have occurred on the earlier to occur of (i) actual occupancy or (ii) the Commencement Date.

Appears in 1 contract

Sources: Office Lease (Carreker Antinori Inc)

ACCEPTANCE OF PREMISES MEMORANDUM. Upon Substantial Completion (as defined in Exhibit "D"the Work Letter) of Tenant's Improvements, Landlord and Tenant shall execute the Acceptance of Premises Memorandum, a form of which is Memorandum (herein so called) attached hereto as Exhibit "E" and incorporated herein for all purposes. E. If Tenant occupies the Premises without executing an Acceptance of Premises MemorandumMemorandum except by reason of a bona fide dispute regarding the Punch List, Tenant shall be deemed to have accepted the Premises for all purposes and Substantial Completion shall be deemed to have occurred on the earlier to occur of (i) actual occupancy or (ii) the Commencement DateDate set forth in Item 8 of the Basic Lease Provisions (as adjusted pursuant to Section 3 of the Work Letter).

Appears in 1 contract

Sources: Standard Office Lease Agreement (McAfee Associates Inc)