As of the Commencement Date Sample Clauses

The "As of the Commencement Date" clause establishes that certain rights, obligations, or conditions outlined in the agreement become effective starting from a specified date, known as the Commencement Date. In practice, this means that any duties, payments, or responsibilities referenced in the contract are triggered or measured from this date forward, regardless of when the agreement was actually signed. This clause ensures clarity regarding the timing of contractual obligations, preventing disputes about when specific terms begin to apply.
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As of the Commencement Date. From and after the Commencement Date of this Lease and until such time, if ever, as the Premises becomes a separate, subdivided parcel of land in accordance with applicable laws, the “Tenant’s Share” of real estate taxes and other assessments (including, without limitation, Association Fees as defined in Section 26.3) shall be determined as follows: (a) With respect to the real estate tax b▇▇▇, the assessment upon which each jurisdiction’s tax rate is applied (county, state, special area) shall be separated into the Assessed Value — Land (defined below) and the Assessed Value — Improvements (defined below). (i) Tenant’s Share of the Assessed Value — Land shall be determined by multiplying the total Assessed Value — Land by a fraction, the numerator of which is the Premises Built FAR (defined below) and the denominator of which is the Total Traville — FAR (defined below). (ii) Tenant’s Share of the Assessed Value — Improvements shall be determined by multiplying the total Assessed Value — Improvements by a fraction, the numerator of which is the Relative Premises Improvements Value (defined below) and the denominator of which is the Assessed Value — Improvements. (iii) Tenant’s Share of any other service charges set forth on such property tax b▇▇▇, the service charges shall be determined by multiplying the total service charges by a fraction, the numerator of which is the Premises Built FAR and the denominator of which is the Total Built FAR. (b) With respect to any other assessments, including, without limitation, Association Fees, Tenant’s Share shall be determined by multiplying the amount of such assessment payable on account of the Traville Site by a fraction, the numerator of which is the Premises Built FAR and the denominator of which is the Total Traville FAR.
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As of the Commencement Date. Subject to Section 2.1.1, a total of 44,832 rentable square feet of space consisting of (i) 13,365 rentable square feet of space located on the first (1st) floor of the Building and commonly known as Suite 100 (the “Suite 100 Premises”), (ii) 13,897 rentable square feet of space located on the first (1st) floor of the Building and commonly known as Suite 110 (the “Suite 110 Premises”), and (iii) 17,570 rentable square feet of space located on the third (3rd) floor of the Building and commonly known as Suite 350 (the “Suite 350 Premises”), the outline and location of the Premises is set forth in Exhibit A.
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As of the Commencement Date. To the extent reimbursement is due hereunder, Sharer shall provide ▇▇▇▇▇▇ with an invoice for such expenses incurred, and ▇▇▇▇▇▇ shall reimburse the amounts due thereunder within twenty (20) days after such invoice.
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As of the Commencement Date. If Tenant fails to notify Landlord in a timely manner, Landlord shall send Tenant a notice requesting that Tenant notify Landlord as to how many parking permits Tenant desires, and if within five (5) business days thereafter Tenant fails to respond, Tenant shall be deemed to have elected to utilize all of the Building Allocated Parking. If Tenant does not elect to utilize all of the Building Allocated Parking, Landlord shall have the right to issue parking permits to other tenants for the unutilized Building Allocated Parking, provided that any parking arrangements for the unutilized Building Allocated Parking shall provide that they are terminable upon no more than sixty (60) days prior notice from Landlord. At Tenant's election, upon sixty (60) days prior notice to Landlord, Landlord shall make available to Tenant any spaces not being utilized by Tenant out of the Building Allocated Parking prior to Tenant's notice. In addition, if Tenant has elected to utilize all of the Building Allocated Parking, at Tenant's request, Tenant shall also be placed on the Building Parking Garage's waiting list, and shall be notified when additional spaces become available; provided that all spaces made available to Tenant above the Building Allocated Parking shall be subject to a right in favor of Landlord to terminate Tenant's use thereof upon sixty (60) days prior notice to Tenant. Also, from time to time following the Commencement Date, Tenant may elect to terminate its use of some or all of the parking permits, upon no less than sixty (60) days prior written notice to Landlord, whereupon Tenant's rights to utilize the applicable parking permits shall terminate and Landlord shall have the right to issue parking permits to other tenants, subject to a right in favor of Landlord to terminate the use upon sixty (60) days prior notice to the holder of the permit to the extent such spaces are unutilized spaces from the Building Allocated Parking. If Tenant has terminated its use of parking permits within the Building Allocated Parking, at Tenant's election, upon sixty (60) days prior notice to Landlord, Tenant may elect to utilize such spaces, up to the Building Allocated Parking, and Landlord shall terminate any existing arrangements with third parties for use of the spaces. Tenant shall pay to Landlord a parking charge, monthly in advance, equal to the then applicable parking charge calculated on a per space, per month basis, that Landlord is obligated to pay the City unde...
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Related to As of the Commencement Date

  • Term Commencement Date For purposes of this Lease, the "Term Commencement Date" shall be defined as the earlier of (A) the first date on which Tenant occupies all or any part of the Premises for the conduct of business, or (B) fourteen (14) days after the date on which both of the following shall occur: (i) Landlord's Work shall be (or be deemed to be) substantially completed (notwithstanding the incompleteness of (x) so-called "punch list" items, (y) work to be undertaken by Landlord which does not materially impair Tenant's use of the Premises for the purposes allowed herein, and (z) finishes and exterior landscaping to the Property), and (ii) a certificate of occupancy has been (or is deemed to have been) issued with respect to the Premises (or the building inspector has (or is deemed to have) provided a verbal "sign off" on Landlord's Work and indicated that a certificate of occupancy will issue in due course). If Tenant (or any agent, employee or contractor of Tenant) causes any delay in the performance or substantial completion of Landlord's Work (including, without limitation, by failing to timely prepare the Construction Drawings), then Landlord's Work shall be deemed to have been substantially completed on the date that Landlord's Work would have been substantially completed but for such delay, and the certificate of occupancy for the Premises (or building inspector "sign off" as aforesaid) shall be deemed to have been issued (or provided) on the date it would have been issued (or provided) but for such delay. Landlord shall use reasonable efforts to substantially complete Landlord's Work by the date (as the same may be modified by Landlord at or prior to the time of its approval of the Construction Drawings as provided in the second paragraph of Section 10.22, the "Estimated Substantial Completion Date") which is ninety (90) days after Landlord's final approval of the Construction Drawings, but Tenant shall not have any claim against Landlord, and Landlord shall have no liability to Tenant, if Landlord's Work is not substantially completed by the Estimated Substantial Completion Date. Notwithstanding the foregoing, if Landlord fails to substantially complete Landlord's Work on or before the date which is sixty (60) days after the Estimated Substantial Completion Date due to Landlord's fault or neglect, then Tenant shall be entitled to a credit (offset) against Base Rent due and payable as of the Term Commencement Date in the amount of one (1) day of Base Rent for each day after the Estimated Substantial Completion Date that Landlord's Work shall not have been substantially completed.

  • Service Commencement Date The date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Section 15.3 or Section 29.1 under the Tariff.

  • Commencement Date The Subcontractor shall be permitted to begin the Services on ______________________, 20____ (“Commencement Date”).

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans; the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) the later to occur of (A) November 1, 2018 and (B) the date upon which the Premises are Ready for Occupancy (as that term is defined in Section 5.1 of the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”)).