Possession Tendered - Defined Clause Samples
The 'Possession Tendered - Defined' clause establishes the precise moment when possession of a property is considered to have been formally offered or transferred from one party to another, typically in a real estate transaction. This clause clarifies the conditions or actions—such as the delivery of keys, completion of required paperwork, or fulfillment of contractual obligations—that constitute the official tendering of possession. By clearly defining when possession is deemed tendered, the clause helps prevent disputes between parties regarding occupancy rights and responsibilities, ensuring a smooth transition and reducing ambiguity in the transaction process.
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Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Lessee ("Tender of Possession") when (1) the improvements to be provided by Lessor under this Lease are substantially completed.
Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Lessee ("Tender of Possession") when (1) the improvements to be provided by Lessor under this Lease are substantially completed, (2) the Building utilities are ready for use in the Premises, (3) Lessee has reasonable access to the Premises, and (4) ten (10) days shall have expired following advance written notice to Lessee of the occurrence of the matters described in (1), (2) and (3), above of this paragraph 3.2.1.
Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Tenant ("Tender of Possession") when (1) the improvements to be provided by Landlord under this Lease are substantially completed in a good and workmanlike manner and in accordance with Exhibit C and all laws, (2) the Building utilities are ready for use in the Premises, (3) Tenant has reasonable access to the Premises, (4) state and local certificates of occupancy have been issued, and (5) ten (10) days shall have expired following advance written notice to Tenant of the occurrence of the matters described in (1), (2) (3) and (4), above of this paragraph 3.2.1.
Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Tenant ("Tender of Possession") when (1) the improvements to be provided by Landlord under this Lease are substantially completed, (2) the Building utilities are ready for use In the Premises.
Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Lessee ("Tender of Possession") ten (10) days after Lessor has provided written notice to Lessee that within ten (10) days from such notice (1) the improvements to be provided by Lessor under this Lease will be substantially completed, (2) the Building utilities will be brought to and "stubbed off" inside the Building, and (3) Lessee will have reasonable access to the Premises.
Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Lessee ("Tender of Possession") upon the earlier to occur of (1) the date on which Lessor turns the Premises over to Lessee in its "as is" condition, but free and clear of any occupancy and/or debris and in broom clean condition, provided that, the condition of the Building is such that Tenant's building permit is not delayed by reason of work required to be completed by Lessor pursuant to Section 6.3(a) of this Lease, or (2) the date on which Lessee actually occupies the Premises. Upon Tender of Possession, Lessee shall construct the Tenant Improvements called for by the work letter being entered into by and between Lessor and Lessee, a copy of which is attached hereto as Exhibit C (the "Work Letter").
Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Tenant (“tendered”) when (1) the improvements to be provided by Landlord pursuant to Paragraph 1.14 of this Lease, if any, are substantially completed, (2) the Building utilities are ready for use in the Premises, (3) Tenant has reasonable access to the Premises, and (4) Landlord has given Tenant notice to Tenant of the occurrence of the matters described in (1), (2) and (3), above of this Paragraph 3.
2.1; provided that Landlord’s notice may be given ten (10) or fewer days prior to the date on which possession is tendered.
Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Tenant ("Tender of Possession") on the Commencement Date as set forth in Section 1.1d, unless otherwise agreed by the parties.
Possession Tendered - Defined the Premises is free from equipment and debris and in a broom-clean condition, (4) Lessor or Lessee's predecessor has obtained regulatory closure of its operations at the Premises, including having performed any necessary cleanup or remediation and having received all necessary authorizations and approvals from regulatory authorities having jurisdiction over such site closure, and (5)
Possession Tendered - Defined. Possession of the Premises shall be deemed tendered to Lessee
2.1. notwithstanding the foregoing, if the lessee is leasing the premises in its "as-is" condition, then the tender of possession shall be deemed to occur on the target commencement date.