Common use of DELAY OF POSSESSION Clause in Contracts

DELAY OF POSSESSION. If the Landlord is unable to give possession of the Premises on the date of the commencement of the aforesaid term by reason of the holding over of any prior tenant or tenants or for any other reason; an abatement or diminution of the rent to be paid hereunder shall be allowed Tenant under such circumstances, but nothing herein shall operate to extend the term of the Lease beyond the agreed expiration date; and said abatement of rent shall be the full extent of Landlord's liability to Tenant for any loss or damage to Tenant on account of said delay in obtaining possession of the Premises.

Appears in 4 contracts

Sources: Option for Lease (Florida Coastline Community Group Inc), Warehouse Lease (Maxxis Group Inc), Option to Lease (Coastal BHC Inc)

DELAY OF POSSESSION. If the Landlord is unable to give possession of the Premises on the date of the commencement of the aforesaid term Commencement Date by reason of the holding over of any prior tenant or tenants or for any other reason; , an abatement or diminution of the rent Rent to be paid hereunder shall be allowed Tenant under such circumstances, but nothing herein shall operate to extend the term of the Lease Term beyond the agreed expiration date; and said Lease Expiration Date. Said abatement of rent shall be the full extent of Landlord's liability to Tenant for any loss or damage to Tenant on account of said delay in obtaining possession of the Premises.

Appears in 3 contracts

Sources: Office Lease (Star Telecommunications Inc), Office Lease (Ibasis Inc), Office Lease (Universal Access Inc)

DELAY OF POSSESSION. If the Landlord is unable to give possession of the Premises on the date of the commencement of the aforesaid term by reason of the holding over of any prior tenant or tenants or for any other reason; Term, an abatement or diminution of the rent Rent to be paid hereunder shall be allowed the Tenant under such circumstances, but nothing herein shall operate to extend the term Term of the Lease beyond the agreed expiration date; , and said abatement of rent in Rent shall be the full extent of Landlord's ’s liability to Tenant for any loss or damage to Tenant on account of said delay in obtaining possession of the Premises.

Appears in 1 contract

Sources: Commercial Lease Agreement

DELAY OF POSSESSION. If the Landlord is unable to give possession of the Premises on the date of the commencement of the aforesaid term by reason of the holding over of any prior tenant or tenants or for any other reason; , then an abatement or diminution of the rent Rent to be paid hereunder shall be allowed Tenant under such circumstances, but nothing herein shall operate to extend the term of the Lease beyond the agreed expiration date; and said abatement of rent Rent shall be the full extent of Landlord's ’s liability to Tenant for any loss or damage to Tenant on account of said delay in obtaining possession of the Premises.

Appears in 1 contract

Sources: Warehouse Lease (Biocryst Pharmaceuticals Inc)