Common use of COMPLETION AND RENTAL COMMENCEMENT DATE Clause in Contracts

COMPLETION AND RENTAL COMMENCEMENT DATE. a. Notwithstanding the Target Commencement Date of the Lease, Lessee's obligation for the payment of rent under the Lease shall not commence until the Demised Premises are Ready for Occupancy; provided, if Lessor is delayed in substantially completing the Work as a result of delays caused by Lessee, then Lessee's obligation to pay rent under the Lease shall commence on the date the Tenant Improvements would have been Ready for Occupancy except for the delays caused by Lessee as reasonably determined by Lessor and the Contractor. b. For purposes of this Workletter, the phrase "delays caused by Lessee" means any delay that Lessor may encounter in performance of the Work as a result of (i) delays resulting from changes in or additions to the approved Plans and Specifications or the Tenant Improvements which are requested by Lessee; (ii) delays by Lessee in the submission of information (including the Plans and Specifications) required of Lessee pursuant to this Workletter, or the giving of authorizations or approvals within any time limits set forth in this Workletter; (iii) delays due to the postponement of any of the Work at the request of Lessee; or (iv) delays otherwise attributable to the acts or omissions of Lessee or its employees, agents or contractors.

COMPLETION AND RENTAL COMMENCEMENT DATE. a. (a) Notwithstanding the Target Commencement Date of the Lease, LesseeTenant's obligation for the payment of rent under the Lease shall not commence until the Demised tile Premises are Ready for Occupancy; provided, if Lessor Landlord is delayed in substantially completing the Work as a result of delays caused by LesseeTenant, then LesseeTenant's obligation to pay rent under the Lease shall commence on the date the Tenant Improvements would have been Ready for Occupancy except for the delays caused by Lessee Tenant as reasonably determined by Lessor Landlord and the Contractor. b. (b) For purposes of this Workletter, the phrase "delays caused by LesseeTenant" means any delay that Lessor Landlord may encounter in performance of the Work as a result of (i) delays resulting from changes in or additions to the approved Plans and Specifications or the Tenant Improvements which are requested by LesseeTenant; (ii) delays by Lessee Tenant in the submission of information (including the Plans and Specifications) required of Lessee Tenant pursuant to this Workletter, or the giving of authorizations or approvals within any time limits set forth in this Workletter; (iii) delays due to the postponement of any of the Work at the request of LesseeTenant; or (iv) delays otherwise attributable to the acts or omissions of Lessee tenant or its employees, agents or contractors.