Taking of Possession. The taking of possession of the Demised Premises by Tenant shall be deemed conclusively to be acknowledgment by Tenant that construction has been completed in accordance with Plans and Specifications (except for latent defects) and that the Lease Term has begun as of the date of completion.
Appears in 3 contracts
Sources: Commercial Lease Agreement (Custom Chrome Inc /De), Commercial Lease Agreement (MCK Communications Inc), Commercial Industrial Sublease Agreement (Ilex Oncology Inc)
Taking of Possession. The taking of possession of the Demised Premises by Tenant shall be deemed conclusively to be acknowledgment by Tenant that construction has been completed in accordance with Plans and Specifications (except for latent defectsdefects and "punch list" items) whether or not a Certificate of Occupancy has been obtained, and that the Lease Term has begun as of the date Date of completionCompletion.
Appears in 3 contracts
Sources: Commercial Lease Agreement (Cheap Tickets Inc), Commercial Lease Agreement (Cheap Tickets Inc), Commercial Lease Agreement (Ace Hardware Corp)
Taking of Possession. The taking of possession of the Demised Premises by Tenant shall be deemed conclusively to be acknowledgment by Tenant that construction has been completed in accordance with Plans and Specifications (except for latent defects) and that the Lease Term has begun as of the date (of completion.
Appears in 1 contract
Taking of Possession. The taking of possession of the Demised Premises by Tenant shall be deemed conclusively to be acknowledgment by Tenant that construction has been completed in accordance with Plans and Specifications (except for latent defects) and that the Lease Term has begun as of the date of completion.
Appears in 1 contract
Sources: Commercial Lease Agreement (Craftmade International Inc)