Anticipated Commencement Date Clause Samples
The Anticipated Commencement Date clause defines the expected date on which a project, contract, or specific obligation is scheduled to begin. This clause typically sets out a target start date, which may be subject to change based on the fulfillment of certain conditions, such as obtaining permits or completing preparatory work. By establishing a clear projected start date, the clause helps all parties coordinate their activities and manage expectations, reducing uncertainty and facilitating effective planning.
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Anticipated Commencement Date. Landlord and Tenant acknowledge that the 20th and 21st Floor Premises Commencement Date is anticipated to occur on August 1, 2017 (the “20th and 21st Floor Anticipated Commencement Date”).
Anticipated Commencement Date. The anticipated date on which the term shall commence is May 1, 2012, (the “Anticipated Commencement Date”). If Landlord, for any reason, cannot deliver possession of the Premises to Tenant on said date with the Improvements completed, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder; provided that, Tenant shall not be obligated to pay rent until possession of the Premises is tendered to Tenant with the Improvements completed, except to the extent any such delay is the result of a Tenant Delay (defined below) in which case, the Tenant shall be obligated to commence payment of the Rent on the date the Improvements would have been completed but for the Tenant Delay. The term “Tenant Delay” shall mean an actual delay resulting from the failure of Tenant to comply with its obligations under this Lease or Tenant unreasonably interfering with the completion of the Improvements; provided that no Tenant Delay shall be deemed to have occurred unless Tenant has failed to cure the Tenant Delay within one (1) business days following written notice thereof from Landlord.
Anticipated Commencement Date. April 1, 2018. The actual Commencement Date shall be determined as set forth in Section 2.3. The Fixturization Period for purposes of Section 2.3 shall be days.
Anticipated Commencement Date. December 1, 2007.
Anticipated Commencement Date. April 18, 2000; the actual Commencement Date shall be determined in accordance with the provisions of Section 2.2 and confirmed in the Commencement Date Agreement;
Anticipated Commencement Date. May 2, 2022; subject to Force Majeure and Tenant Delays (subject to Landlord’s obligation as set forth in Exhibit B-2, paragraph 5 as to timing of application for permits)
Anticipated Commencement Date. April 1, 2013, provided the Commencement Date shall be determined in accordance with Section 4 below.
Anticipated Commencement Date. The Anticipated Commencement Date is April 1, 2005. The Commencement Date shall be the latest of: (i) sixty (60) days after the beginning of the Early Access Period; (ii) Substantial Completion of Landlord's Work as defined in the Lease and Landlord's Work Rider; or (iii) April 1, 2005.
Anticipated Commencement Date. June 30, 1995
Anticipated Commencement Date. April 1, 2013, provided the Commencement Date shall be determined in accordance with Section 4 below. BASE RENT: Due on the first day of each calendar month of the Term as per the following schedule: Initial Term: Lease months Monthly Annually Rent/SF/Yr 1-6 $ 0 $ 0 $ 0 7-12 $ 28,228.08 $ 338,737.00 $ 24.50 13-24 $ 28,688.95 $ 344,267.40 $ 24.90 25-36 $ 29,149.82 $ 349,797.80 $ 25.30 37-48 $ 29,610.68 $ 355,328.20 $ 25.70 49-60 $ 30,071.55 $ 360,858.60 $ 26.10 61-72 $ 30,532.42 $ 366,389.00 $ 26.50 73-84 $ 30,993.28 $ 371,919.40 $ 26.90 84-90 $ 31,454.15 $ 377,449.80 $ 27.30 Option Term: Lease months Monthly Annually Rent/SF/Yr 91-96 $ 31,454.15 $ 377,449.80 $ 27.30 97-108 $ 31,915.02 $ 382,980.20 $ 27.70 109-120 $ 32,375.88 $ 388,510.60 $ 28.10 121-132 $ 32,836.75 $ 394,041.00 $ 28.50 133-144 $ 33,297.62 $ 399,571.40 $ 28.90 145-150 $ 33,758.48 $ 405,101.80 $ 29.30 As set forth above, no Base Rent shall be payable for the first six (6) months of the Initial Term, but Tenant shall be liable for payment of all Additional Rent during such six (6) month period. OPERATING EXPENSE CHARGES: Tenant’s Proportionate Share of Operating Expenses in each Operating Year. TENANT’S PROPORTIONATE SHARE: 22.52% (13,826/61,389) (Determined by dividing the leasable area of the Premises by the actual area of rentable spaces in the Building not including basement space). FIXED RENT: Base Rent plus Operating Expense Charges. ADDITIONAL RENT: Sums not including Base Rent which Tenant is obligated to pay to Landlord from time to time pursuant to the terms of this Lease. SECURITY DEPOSIT: $28,228.08 PARKING: Landlord shall secure up to thirty (30) parking spaces in the nearest available third-party parking garage. Tenant shall notify Landlord of the number of spaces it requires not less than thirty (30) days prior to the Commencement Date. Tenant shall pay the owner or operator of the parking garage all charges and expenses for such spaces.