Effective Date of the Lease Clause Samples

The 'Effective Date of the Lease' clause establishes the specific date when the lease agreement becomes legally binding and enforceable for both parties. Typically, this date may coincide with the date the lease is signed, the date the tenant takes possession of the premises, or another mutually agreed-upon date. By clearly defining when the lease obligations begin, this clause ensures both landlord and tenant understand when their rights and responsibilities under the lease commence, thereby preventing confusion or disputes regarding the start of the lease term.
Effective Date of the Lease. The “Effective Date” of the Lease was .
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Effective Date of the Lease. The lease will take effect upon delivery of the premises, no later than July 1, 2000, and end on June 30, 2009, except in cases stipulated in ARTICLE 6: DELIVERY OF POSSESSION, below.
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Effective Date of the Lease. The Lease shall become effective after the legal representatives or authorized representatives of both Parties affix their signatures and company seals on the Lease.
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Effective Date of the Lease. The Lease is granted for a period of twelve years that begins on 1 December 2007 (“Effective Date”) and ends on 30 November 2019. During the period prior to the Effective Date, the LESSOR grants to the LESSEE the right to withdraw from the Lease at any time subject to informing the LESSOR thirty days in advance by registered post with return receipt requested. By mutual agreement, the parties agree that their relationship between 1 June 2007 and the Effective Date, and particularly the option for the LESSEE to waive further execution of the Lease, shall not be subject to the rules of public order of the commercial lease statutes but shall be governed by the common contract law. During the period from 1 June 2007 to the Effective Date, the LESSEE shall be liable for a monthly occupancy fee of *** excluding taxes and charges, which shall be payable in advance as of the signing of this contract. During the same period, the private charges, the share of the property tax and the share of the annual tax on offices, commercial and storage premises referred to in Articles 8.1, 8.2 and 8.3 shall be fixed at the lump sum of *** excluding taxes per month.
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Effective Date of the Lease. Acknowledgement of completion as specified above shall be accepted to mean the delivery of the premises leased to Lessee and shall be the effective date of the lease, as of right and without need of any other formality. This effective date of the lease shall take place regardless of whether completion was acknowledged by report drawn up by each Party, acknowledged reputedly, or acknowledged by expert opinion. The completion report and, where applicable, the list of reserves stated therein or, as the case may be, the inventory of fixtures drawn up by Bailiff or else the report drawn up by the expert appointed, shall be construed as inventory of fixtures under this Lease Agreement. Notwithstanding, the Parties express agree that Lessee shall not be authorized to occupy the premises unless it has fully paid up the amounts due to Lessor on that date (first rent, provision for charges, security deposit), and produces documentary evidence of having taken out the insurance policies for which it is responsible.
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Effective Date of the Lease. September 1, 2013.
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Related to Effective Date of the Lease

  • EFFECTIVE DATE OF CONTRACT The contract shall come into effect on the date of signatures of both the parties on the contract and shall remain valid until the completion of the obligation of the parties under the contract. The deliveries and supplies and performance of the services shall commence from the effective date of the contract.

  • Effective Date of the Agreement The date indicated in the Agreement on which it becomes effective, but if no such date is indicated, it means the date on which the Agreement is signed and delivered by the last of the two parties to sign and deliver.

  • Effective Date; Duration This Agreement shall become effective when signed by both parties and approved by the City’s legal counsel. Unless sooner terminated, this Agreement shall expire on June 30, 2019. Termination or expiration shall not extinguish or prejudice the City’s right to enforce this Agreement with respect to any default or defect in performance that has not been cured.

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Effective Date; Term This Agreement shall become effective on the date of its execution and shall remain in force for a period of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.