Delivery and Acceptance of Possession Sample Clauses
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Delivery and Acceptance of Possession. Prior to the Commencement Date, Tenant has been leasing and occupying the Premises for an extended period of time pursuant to a Sublease (as defined in Addendum No. 1) and as is thoroughly familiar with the condition of the Premises. Tenant agrees to continue in possession of the Premises in its then existing condition, “as-is”, including all defects, without the construction of any improvements or the grant of any allowances or concessions, subject to Landlord’s repair and maintenance obligations under this Lease.
Delivery and Acceptance of Possession. If this Lease provides that Landlord must deliver possession of the Premises to Tenant on a certain date, and if Landlord is unable to deliver possession of the Premises to Tenant on or before such date for any reason whatsoever, then this Lease shall not be void or voidable except as provided in this paragraph, and Landlord shall not be liable to Tenant for any loss or damage resulting therefrom. If the delay in delivery is due to any delay caused by Tenant or any of its Agents or otherwise due to the acts or omissions of Tenant or its employees, agents or contractors (including without limitation the failure to timely deliver plans, insurance certificates or other items as required by this Lease), then the delivery date shall be deemed (for the purposes of calculating the Commencement Date) the date the Premises would have been delivered but for such delays by Tenant. Tenant shall accept possession and enter into good faith occupancy of the entire Premises and commence the operation of its business therein within 30 days after the Commencement Date. Tenant acknowledges that it has had an opportunity to conduct, and has conducted, such inspections of the Premises as it deems necessary to evaluate its condition. Except as otherwise specifically provided herein, Tenant agrees to accept possession of the Premises in its then existing condition, “AS-IS”, including all patent and latent defects. Tenant’s taking possession of any part of the Premises shall be deemed to be an acceptance by Tenant of any work of improvement done by Landlord in such part as complete and in accordance with the terms of this Lease except for defects of which Tenant has given Landlord written notice prior to the time Tenant takes possession. At the time Landlord delivers possession of the Premises to Tenant, Landlord and Tenant shall together execute an acceptance agreement in the form attached as Exhibit D, appropriately completed. Landlord shall have no obligation to deliver possession, nor shall Tenant be entitled to take occupancy, of the Premises until such acceptance agreement has been executed, and Tenant’s obligation to pay Base Monthly Rent and Additional Rent shall not be excused or delayed because of Tenant’s failure to execute such acceptance agreement. If requested by Landlord, Tenant shall also execute and deliver to Landlord an acknowledge agreement in the form attached hereby as Exhibit D, appropriate completed, to further confirm the Commencement Date.
Delivery and Acceptance of Possession. The Issuer agrees to deliver to the Lessee sole and exclusive possession of the Project (subject to the right of the Issuer and the Trustee to enter thereon for inspection and other purposes as set forth in Section 8.3 hereof) on the effective date of this Lease and the Lessee agrees to accept possession of the Project upon such delivery.
Delivery and Acceptance of Possession. Landlord shall use its best ------------------------------------- efforts to cause the Commencement Date to occur on or before the Target Commencement Date, or as soon thereafter as reasonably practicable. However, if Landlord is unable to cause the foregoing to be done by the indicated time period for any reason beyond its reasonable control, this Lease shall not be void or voidable, Landlord shall not be in default, and Landlord shall not be liable to Tenant for any loss or damage resulting from Landlord's failure or inability to complete such improvements within the indicated time periods or to deliver possession of the Premises when required by this Lease. However, Tenant shall have the option to terminate this Lease in the event the Commencement Date has not occurred within that period of time following the Target Commencement Date that is equal to the sum of the following: (i) one hundred eighty (180) days; plus (ii) the period of any actual delay in completing the Improvements experienced by Landlord resulting from delays caused by Tenant or Force Majeure as described in paragraph 15.8, or any other event or causes beyond Landlord's reasonable control.
Delivery and Acceptance of Possession. The Issuer agrees ------------------------------------- to deliver to the Company sole and exclusive possession of the Project (subject to the right of the Issuer and the Trustee to inspect the same pursuant to Section 6.4) on the Completion Date and the Company agrees to accept possession of the Project upon such delivery; provided, however, that the Company shall be permitted much possession of the Project prior to the Completion Date as shall not interfere with the acquisition, construction, installation and equipping of the Project.
Delivery and Acceptance of Possession. The Company shall, commencing with the date of delivery of this Lease (or such later date as is provided for in Section 3.1 hereof), have possession, custody and control of the Project as it exists on such date, and the Company hereby accepts such possession, custody and control, subject to the Permitted Encumbrances. The Issuer covenants and agrees that it shall not take any action, other than pursuant to Article X of this Lease, to prevent the Company from having possession and enjoyment of the Project during the Lease Term and shall, at the request of the Company, if indemnified by the Company, cooperate with the Company in order that the Company may have peaceful possession and enjoyment of the Project.
Delivery and Acceptance of Possession. The Board agrees to deliver to the Company sole and exclusive possession of the Project (subject to the right of the Trustee to enter thereon for inspection purposes and to the other provisions of Section 8.2) on the Completion Date and the Company agrees to accept possession of the Project upon such delivery; provided, however, that the Company shall be permitted such possession of the Project prior to the Completion Date as shall not interfere with the acquisition, construction and installation of the Project Facilities.
Delivery and Acceptance of Possession. Section 5.3 - Rents and Other Amounts Payable............. 12 Section 5.4 - Place of Rental Payments.................... 13 Section 5.5 - Obligations of Company Hereunder Absolute and Unconditional........................... 13 Section 5.6 - Company's Performance Under Indenture....
Delivery and Acceptance of Possession. Landlord shall use commercially reasonable efforts to deliver possession of the Leased Premises to Tenant by the Commencement Date. If, despite such efforts, Landlord is unable to deliver possession by such date, 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. Tenant shall not, however, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Leased Premises to Tenant, and any period of rent abatement that Tenant would otherwise have enjoyed shall run from the date of delivery of possession and continue for a period equal to what Tenant would otherwise have enjoyed under the terms hereof, but minus any days of delay caused by the acts or omissions of Tenant. By taking possession of the Leased Premises, Tenant shall be conclusively deemed to have accepted the Leased Premises in its then existing condition "AS IS".
Delivery and Acceptance of Possession. Landlord shall deliver to Tenant possession of the Premises on the Commencement Data in their presently existing condition, broom clean. Tenant shall accept possession of the Premises in its presently existing condition, "as-is" (except for latent defects in the structural elements of the Premises), acknowledging that Tenant intends to do renovation work and construct interior improvements pursuant to paragraph 2.3 hereof and the Interior Improvement Agreement attached as Exhibit "C".