Common use of Notice of Commencement Date Clause in Contracts

Notice of Commencement Date. Upon ascertaining the Commencement Date, Landlord shall deliver to Tenant a written confirmation of the Commencement Date, in the form attached hereto as Exhibit D (the "Notice of Commencement"). The Notice of Commencement shall be binding upon Tenant unless Tenant objects thereto in a writing delivered to Landlord within five (5) business days of Tenant's receipt of the Notice of Commencement. However, Landlord's failure to send the Notice of Commencement shall not delay the commencement of or any of Tenant's obligations under this Lease if Tenant takes possession or beneficial occupancy of the Premises with Landlord's written consent prior to the Commencement Date set forth in the Notice of Commencement.

Appears in 2 contracts

Sources: Lease Agreement (Bionx Implants Inc), Lease (Sedona Corp)