Establishment of Commencement Date Sample Clauses

The Establishment of Commencement Date clause defines the specific date on which the obligations and rights under an agreement officially begin. Typically, this clause outlines whether the commencement date is the date of signing, a mutually agreed future date, or contingent upon the occurrence of a particular event, such as regulatory approval or delivery of notice. By clearly specifying when the contract becomes effective, this clause ensures both parties are aligned on when their responsibilities start, thereby preventing disputes or confusion regarding the timing of contractual duties.
Establishment of Commencement Date. The Parties shall give each other prompt notice when each Commencement Date Condition has been achieved. Each Party shall complete its Transition Period responsibilities by April 1, 2023. Written documents or instruments constituting or evidencing satisfaction of the Commencement Date Conditions shall be furnished to each Party for review prior to the Commencement Date to the extent practicable.
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Establishment of Commencement Date. 3.1 Landlord and Tenant agree that the Commencement Date for the Dain Plaza Lease is December 2, 1991, any provision of the Dain Plaza Lease to the contrary notwithstanding.
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Establishment of Commencement Date. The Commencement Date shall be the date that Lessor’s Board of Trustees takes action in a public meeting to approve this Agreement (the “Approval”), whereby the Approval has been communicated to Lessee in writing.
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Establishment of Commencement Date. In accordance with Section 7.2 of the Summary, the Lease Commencement Date was contemplated to be the date which is 270 days following the Delivery Date. Based on Landlord’s delivery of the Premises on September
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Establishment of Commencement Date. Landlord shall notify Tenant ---------------------------------- in writing of Substantial Completion of each Phase. Tenant acknowledges that no representations as to the condition of the Premises have been made by Landlord, unless such are expressly set forth in this Lease. If Tenant believes that Substantial Completion of such Phase has not occurred, Tenant shall notify Landlord in writing of its objections within five (5) Business Days after its receipt of the Landlord's notice described in the preceding sentence. Landlord shall have a reasonable time after its receipt of Tenant's notice in which to take such action as may be necessary to achieve Substantial Completion of such Phase, and shall notify Tenant in writing when such has been completed. Taking of possession by Tenant of a Phase shall establish the respective Commencement Date thereof and the establishment of such fact upon the taking of possession shall occur even if Tenant disputes whether Substantial Completion of such has occurred or attempts to condition or qualify the taking of possession. Such taking of possession shall further establish that the Premises are in good and satisfactory condition when possession was so taken (subject to Punch List Work as provided in Subsection 2.4.2 and in Section 1.42) and the relevant Commencement Date has occurred. Notwithstanding anything to the contrary contained herein, Tenant shall be given access to the space comprising each of the Phases of the Premises subject to the provision of Exhibit C entitled --------- "Tenant Access" in order to install telephone equipment, a security system and cable and data lines to the Premises.
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Establishment of Commencement Date. Prior Occupancy. The ---------------------------------------------------- Commencement Date shall be established in the "Commencement Date Notice" which shall be to Rocky Mountain by Thermo in the form of Exhibit B attached hereto. Provided that the Facility is then Substantially Complete as envisioned in section 6, Thermo shall, not less than sixty (60) days before the date Thermo anticipates that an initial Date of Commercial operation will be achieved, give to Rocky Mountain the Commencement Date Notice to the effect that the Lease Term will commence on such future date (the "Commencement Date") which, is specified in the Commencement Date Notice; provided, however, that unless Rocky Mountain shall consent the Commencement Date shall not occur from October 1 through December 31 (inclusive) of any calendar year. The Commencement Date Notice shall then be incorporated into this Agreement in lieu of Exhibit "B". In addition, should it reasonably appear to Thermo that the Plant will, in all probability, achieve an initial Date of Commercial Operation at some future date (even if such future date is then uncertain), Thermo shall, upon request by Rocky Mountain, permit Rocky Mountain to occupy the Facility or any material portion thereof prior to the Commencement Date for purposes of initial planting and other preparations for Rocky Mountain's first production of agricultural products at the Facility. Such prior occupancy shall be on a provisional basis pursuant to a temporary license incorporating such special terms and conditions as the parties shall deem reasonable. In addition, Thermo may waive the requirement that the Facility be Substantially Complete prior to giving the Commencement Date Notice should it reasonably appear to Thermo that Substantial Completion will be achieved prior to the anticipated initial Date of Commercial Operations.
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Related to Establishment of Commencement Date

  • Term Commencement Date For purposes of this Lease, the "Term Commencement Date" shall be defined as the earlier of (A) the first date on which Tenant occupies all or any part of the Premises for the conduct of business, or (B) fourteen (14) days after the date on which both of the following shall occur: (i) Landlord's Work shall be (or be deemed to be) substantially completed (notwithstanding the incompleteness of (x) so-called "punch list" items, (y) work to be undertaken by Landlord which does not materially impair Tenant's use of the Premises for the purposes allowed herein, and (z) finishes and exterior landscaping to the Property), and (ii) a certificate of occupancy has been (or is deemed to have been) issued with respect to the Premises (or the building inspector has (or is deemed to have) provided a verbal "sign off" on Landlord's Work and indicated that a certificate of occupancy will issue in due course). If Tenant (or any agent, employee or contractor of Tenant) causes any delay in the performance or substantial completion of Landlord's Work (including, without limitation, by failing to timely prepare the Construction Drawings), then Landlord's Work shall be deemed to have been substantially completed on the date that Landlord's Work would have been substantially completed but for such delay, and the certificate of occupancy for the Premises (or building inspector "sign off" as aforesaid) shall be deemed to have been issued (or provided) on the date it would have been issued (or provided) but for such delay. Landlord shall use reasonable efforts to substantially complete Landlord's Work by the date (as the same may be modified by Landlord at or prior to the time of its approval of the Construction Drawings as provided in the second paragraph of Section 10.22, the "Estimated Substantial Completion Date") which is ninety (90) days after Landlord's final approval of the Construction Drawings, but Tenant shall not have any claim against Landlord, and Landlord shall have no liability to Tenant, if Landlord's Work is not substantially completed by the Estimated Substantial Completion Date. Notwithstanding the foregoing, if Landlord fails to substantially complete Landlord's Work on or before the date which is sixty (60) days after the Estimated Substantial Completion Date due to Landlord's fault or neglect, then Tenant shall be entitled to a credit (offset) against Base Rent due and payable as of the Term Commencement Date in the amount of one (1) day of Base Rent for each day after the Estimated Substantial Completion Date that Landlord's Work shall not have been substantially completed.

  • Service Commencement Date The date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Section 15.3 or Section 29.1 under the Tariff.

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans; the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • TIME OF COMMENCEMENT AND COMPLETION 2.1 The Contractor shall commence the Work upon the date established in the Notice to Proceed. 2.2 The Contractor shall achieve Final Completion, as defined in Section 105.01, Contract Time, Notice of Contract Execution and Notice to Proceed of the Loudoun County Revisions to the ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ & Bridge Specifications, Division I - General Provisions, within one hundred and eighty (180) calendar days from the date specified in the Notice to Proceed. This time period shall be designated the Contract Time. The Notice to proceed will be issued approximately than thirty (30) days after the execution of this agreement. The Contractor agrees that the time for completion of the Work as described in the Contract Documents shall govern unless specifically amended in writing by the County, and that no claims for early completion are allowed to be presented by the Contractor to the County. 2.3 The County specifies that time is of the essence under this Contract. Time being of the essence, it is essential to the County that Contract work will be completed within the Contract Time. The County and the Contractor agree that damages for failure to complete the work within the Contract Time are not susceptible to exact determination but that $600 per day is in proportion to the actual loss that the County would suffer from such delay. Therefore, the Contractor will pay the County on demand $600 per day for each and every day beyond the one hundred and eighty (180) calendar days, or modified date of completion, that the County determines that work is not complete, as damages caused by such delay and not as a penalty. The County shall be entitled to offset liquidated damages against any sum owed by the County to the Contractor under this Contract. 2.4 The amount of liquidated damages set forth in Articles 2.3 above shall be assessed cumulatively. This provision for liquidated damages does not bar County's right to enforce other rights and remedies against Contractor, which are otherwise legally enforceable, including but not limited to, specific performance or injunctive relief. 2.5 The Contractor hereby waives any defense as to the validity of any liquidated damages stated in this Agreement as they may appear on grounds that such liquidated damages are void as penalties or are not reasonably related to actual damages.

  • Date of Commencement This Agreement has commenced and shall be deemed to have commenced on and with effect from the date mentioned at the beginning of this Agreement.