Common use of Substantial Completion of Premises Clause in Contracts

Substantial Completion of Premises. If, by the fixed date specified in Section 1.7, the Premises have not been substantially completed pursuant to the Work Letter due to any cause other than Landlord’s default, Landlord shall have no liability therefor, and the Lease Term (including without limitation, Tenant’s obligation to pay Rent) shall nonetheless commence as of said fixed date.

Appears in 3 contracts

Sources: Lease Agreement (Vendingdata Corp), Lease Agreement (CardioVascular BioTherapeutics, Inc.), Lease Agreement (Elixir Gaming Technologies, Inc.)

Substantial Completion of Premises. If, by the fixed date specified in Section 1.7, the Premises have not been substantially completed pursuant to the Work Letter due to any cause other than Landlord’s 's default, Landlord shall have no liability therefor, and the Lease Term Leave Tern (including without limitation, Tenant’s 's obligation to pay Rent) shall nonetheless commence as of said fixed date.

Appears in 1 contract

Sources: Lease Agreement (Patient Infosystems Inc)