Demise and Term. 2.01 Landlord hereby leases to Tenant, and Tenant hires from Landlord, the Demised Premises, for the Term and at the Rent described in the Lease Summary, and otherwise upon the terms of this Lease. 2.02 The "TERM" is the number of months specified in the Lease Summary, plus the number of days necessary so that the Term shall end on the last day of a calendar month. The Term shall commence on the Commencement Date, and shall end on such earlier date on which the Term may be canceled or terminated pursuant to this Lease or as provided by law. 2.03 The "COMMENCEMENT DATE" shall be the date specified in the Lease Summary. 2.04 If Landlord is unable to give Tenant possession of the Demised Premises on the date (if any) specified in the Lease Summary as the Commencement Date because of the holding over by any occupant or for any other reason, Landlord shall not be subject to any liability for failure to give possession and the validity of this Lease shall not be impaired, nor shall the same be construed to extend the Term, but the Commencement Date shall be the date when Landlord shall have given Tenant notice that the Demised Premises are ready for occupancy.
Appears in 1 contract
Demise and Term. 2.01 Landlord hereby leases to TenantTenant and Tenant leases from Landlord the premises (the "Premises") described in Item 1 of the Schedule and shown on the plans attached hereto as Exhibit A, subject to the covenants and conditions set forth in this Lease, for a term (the "Term") commencing on the date (the "Commencement Date") which is the first to occur of (x) the date described in Item 6 of the Schedule (subject to deferral as provided in Paragraph 4 of the Work Letter Agreement attached hereto as Exhibit C [the "Work Letter Agreement"]) or (y) the date Tenant commences business operations in any part of the Premises, and Tenant hires from Landlord, the Demised Premises, for the Term and at the Rent described in the Lease Summary, and otherwise upon the terms of this Lease.
2.02 The "TERM" is the number of months specified in the Lease Summary, plus the number of days necessary so that the Term shall end expiring on the last date (the "Expiration Date") that immediately precedes the tenth anniversary of the Commencement Date, unless terminated earlier as otherwise provided in this Lease (or, if such anniversary of the Commencement Date is not the first day of a calendar month. The Term shall commence on , the Commencement Date, and shall end on such earlier date on which the Term may be canceled or terminated pursuant to this Lease or as provided by law.
2.03 The "COMMENCEMENT DATE" shall be the date specified in the Lease Summary.
2.04 If Landlord is unable to give Tenant possession of the Demised Premises on the date (if any) specified in the Lease Summary as the Commencement Date because of the holding over by any occupant or for any other reason, Landlord shall not be subject to any liability for failure to give possession and the validity of this Lease shall not be impaired, nor shall the same be construed to extend the Term, but the Commencement Expiration Date shall be the date when Landlord last day of the month in which the tenth anniversary of the Commencement Date occurs). Tenant shall have given Tenant notice that complete and furnish to Landlord, on or before occupancy of the Demised Premises are ready for occupancyPremises, the Suite Acceptance Agreement attached hereto as Exhibit D, which shall acknowledge the actual Commencement Date and Expiration Date.
Appears in 1 contract
Sources: Lease Agreement (Wells Real Estate Investment Trust Inc)
Demise and Term. 2.01 Landlord hereby A. For and during the term established below, Sublessor leases to TenantSublessee the Demised Premises. The leasing of the Demised Premises by Sublessee shall include the right of Sublessee during the term of this Sublease (a) to access the Building common areas in common with the other tenants in the Building and (b) to use all fixtures, improvements and Tenant hires from Landlordbetterments owned or leased by Landlord which, at any time during the term of this Sublease, are attached to or installed in the Demised Premises, all subject to such restrictions, rules, regulations, security arrangements and charges (if any) as are provided for the Term and at the Rent described in the Lease Summary, and otherwise upon the terms or this Sublease.
B. The term of this Lease.
2.02 The "TERM" is the number of months specified in the Lease Summary, plus the number of days necessary so that the Term shall end on the last day of a calendar month. The Term Sublease shall commence on the Effective Date (the "Commencement DateDate ") and expire on the applicable Delivery Date with respect to the Initial Space, the Second Space and shall end on such earlier date on which the Term may be canceled or terminated each Partial Block delivered to Sublessor pursuant to this Lease the terms of the Assignment, as more particularly described on Exhibit B of the Assignment (as to each, the "Expiration Date"), unless sooner cancelled or otherwise terminated as provided by lawin this Sublease, provided, however, that in any event this Sublease shall terminate no later than December 31, 2002 (the "Final Termination Date").
2.03 The "COMMENCEMENT DATE" C. If for any reason the Lease is terminated prior to the Expiration Date of this Sublease, other than by reason of Sublessor's default thereunder (not due to Sublessee's default under this Sublease), this Sublease shall be the date specified in the Lease Summary.
2.04 If Landlord is unable deemed to give Tenant possession of the Demised Premises have been terminated on the date (if anythat is one(1) specified in day prior to the date of termination of the Lease Summary as the Commencement Date because of the holding over by any occupant or for any other reason, Landlord and Sublessor shall not be subject liable to Sublessee by reason thereof for damages or otherwise, except that Sublessor shall return to Sublessee that portion of any liability for failure Rent (hereinafter defined) paid in advance by Sublessee, if any, which is applicable to give possession and the validity of this Lease shall not be impaired, nor shall the same be construed to extend the Term, but the Commencement Date shall be period following the date when Landlord shall have given Tenant notice that the Demised Premises are ready for occupancyof such termination.
Appears in 1 contract
Demise and Term. 2.01 Landlord hereby leases to Tenant, Tenant and Tenant hires leases from LandlordLandlord the premises (the "Premises") described in Item 1 of the Schedule and shown on the plan attached hereto as Exhibit A, subject to the Demised Premisescovenants and conditions set forth in this Lease, for a term (the Term and at "Term") commencing on the Rent date described in Item 6 of the Lease Summary, Schedule (the "Commencement Date") and otherwise upon the terms of this Lease.
2.02 The "TERM" is the number of months specified in the Lease Summary, plus the number of days necessary so that the Term shall end expiring on the last date (the "Expiration Date") that immediately precedes the tenth anniversary of the Commencement Date, unless terminated earlier as otherwise provided in this Lease (or, if such anniversary of the Commencement Date is not the first day of a calendar month, the Expiration Date shall be the last day of the month in which the tenth anniversary of the Commencement Date occurs). The Term shall commence on Tenant may occupy the Premises for the conduct of business prior to the Commencement Date, and shall end on provided such earlier date on which the Term may be canceled or terminated pursuant to this Lease or as provided by law.
2.03 The "COMMENCEMENT DATE" occupancy shall be the date specified in the Lease Summary.
2.04 If Landlord is unable to give Tenant possession upon all of the Demised Premises on the date (if any) specified in the Lease Summary as the Commencement Date because of the holding over by any occupant or for any other reason, Landlord shall not be subject to any liability for failure to give possession terms and the validity conditions of this Lease shall not be impaired, nor shall other than the same be construed obligations to extend the Term, but pay Base Rent and Adjustment Rent (as hereinafter defined) for such period prior to the Commencement Date. Tenant shall complete and furnish to Landlord, on or before occupancy of the Premises, the Suite Acceptance Agreement attached hereto as Exhibit D, which shall acknowledge the actual Commencement Date shall be the date when Landlord shall have given Tenant notice that the Demised Premises are ready for occupancyand Expiration Date.
Appears in 1 contract
Sources: Lease Agreement (Wells Real Estate Investment Trust Inc)
Demise and Term. 2.01 3.1 Landlord hereby leases the Tenant's Space to TenantTenant for the Lease Term, and Tenant hires hereby rents the Tenant's Space from Landlord, the Demised Premises, Landlord for the Term Lease Term. In the event that one or more portions of the Tenant's Space become ready for occupancy prior to the Completion Date, Tenant may take possession of any or all of such portions and at the upon Tenant taking such possession Rent described in the Lease Summaryshall begin to accrue, and otherwise based upon the square footage of such portions of the Tenant's Space so occupied by Tenant. Such occupancy by Tenant shall be subject to all of the terms and conditions of this Lease.
2.02 The "TERM" is ; however, the number of months specified in the Lease Summary, plus the number of days necessary so that the Term shall end on the last day of a calendar month. The Term shall commence on the Commencement Date, and shall end on such earlier date on which the Term may be canceled or terminated pursuant to this Lease or as provided by law.
2.03 The "COMMENCEMENT DATE" shall be the date specified in the Lease Summary.
2.04 If Landlord is unable to give Tenant possession of the Demised Premises on the date (if any) specified in the Lease Summary as the Commencement Date because of the holding over by any occupant or for any other reason, Landlord shall not be subject to any liability for failure to give possession and the validity term of this Lease shall not be impaired, nor shall deemed to have commenced until the same be construed Commencement Date.
3.2 If Tenant is permitted access to extend the Term, but premises prior to the Commencement Date shall for the purpose of installing fixtures or any other purpose permitted by Landlord, such early entry will be at Tenant's sole risk and subject to all the date when terms and provisions of this Lease as though the Commencement Date has occurred, except for the payment of monthly Basic Rent and monthly Common Area Cost Installment and Real Estate Tax Installment amounts which will commence on the Commencement Date. Tenant, its agents or employees will not interfere with or delay Landlord's completion of construction of the improvements, if any, and all rights of Tenant under this provision will be subject to the requirements of all applicable building codes and zoning requirements. Landlord shall has the right to impose such additional conditions on Tenant's early entry as Landlord, in its sole and reasonable discretion, deems appropriate, and will further have given the right to require that Tenant notice that the Demised Premises are ready for occupancyexecute an early entry agreement, containing such conditions, prior to tenant's early entry.
Appears in 1 contract
Sources: Lease Agreement (Novadel Pharma Inc)
Demise and Term. 2.01 Landlord hereby leases to TenantTenant and Tenant leases from Landlord the premises (the "Premises") described in Item 1 of the Schedule and shown on the plan attached hereto as Exhibit A, subject to the covenants and conditions set forth in this Lease, for a term (the "Term") commencing on the date (the "Commencement Date") which is the earlier to occur of (a) the date described in Item 6 of the Schedule, or (b) the date that Tenant takes occupancy of the Premises for the conduct of business, and Tenant hires from Landlord, expiring on the Demised Premises, for date (the Term and at the Rent described in the Lease Summary, and otherwise upon the terms of this Lease.
2.02 The "TERM" Expiration Date") that is the number of months specified in the Lease Summary, plus the number of days necessary so that the Term shall end on the last day of a the 87th full calendar month. The Term shall commence on the Commencement Date, and shall end on such earlier date on which the Term may be canceled or terminated pursuant to this Lease or as provided by law.
2.03 The "COMMENCEMENT DATE" shall be the date specified in the Lease Summary.
2.04 If Landlord is unable to give Tenant possession month of the Demised Premises on the date (if any) specified in the Lease Summary as the Commencement Date because of the holding over by any occupant or for any other reason, Landlord shall not be subject to any liability for failure to give possession and the validity of this Lease shall not be impaired, nor shall the same be construed to extend the Term, but the unless terminated earlier as otherwise provided in this Lease. The Commencement Date is subject to deferment as provided in Paragraph 6 of the Work Letter Agreement attached hereto as Exhibit C (the "Work Letter Agreement") based upon the terms and conditions set forth therein. Tenant shall be complete and furnish to Landlord, on or before occupancy of the date when Landlord Premises, the Suite Acceptance Agreement attached hereto as Exhibit D, which shall acknowledge the actual Commencement Date and Expiration Date. In addition to the Premises, Tenant shall have given Tenant notice that the Demised Premises are ready right to use, in common with Landlord and all other tenants and occupants of the Building, all portions of the Building designated by Landlord for occupancythe common use of tenants and occupants, including, without limitation, entrances and exits, hallways and elevators.
Appears in 1 contract
Sources: Lease Agreement (Wells Real Estate Investment Trust Inc)