Common use of Length of Clause in Contracts

Length of. TERM The term of this Lease shall be for ten (10) years, plus the period, if any, between the Commencement Date set forth below, if it falls on a day other than the first day of a month, and the first day of the next month ("Initial Term"). Upon Landlord's request, Tenant shall execute and deliver to Landlord an agreement confirming the commencement and expiration dates of the term of this Lease, the Fixed Minimum Rent, and the initial monthly payments on account of Tenant's Pro Rata Share of Operating Costs and Tenant's Tax Rent. COMMENCEMENT The Initial Term of this Lease shall commence DATE ("Commencement Date") on the later to occur of (a) sixty (60) days after the date hereof, or (b) Landlord completing the Landlord's Work (as defined in Exhibit D), provided that the Commencement Date shall automatically occur sixty (60) days after the date hereof if Tenant does not, within fifteen (15) days after the date hereof, provide to Landlord all design information required by Landlord to permit Landlord to complete Landlord's Work.

Appears in 2 contracts

Sources: Lease Agreement (Avax Technologies Inc), Lease Agreement (Avax Technologies Inc)