Fixed Rent Commencement Date definition
Examples of Fixed Rent Commencement Date in a sentence
If the Fixed Rent Commencement Date occurs on a day other than the first day of a calendar month, the Fixed Rent for such partial calendar month shall be prorated on a per diem basis and paid on the Fixed Rent Commencement Date.
Section 2.7 Landlord and Tenant shall execute an agreement setting forth the Commencement Date, the Fixed Rent Commencement Date and the Expiration Date in the form attached hereto as Exhibit D.
If the Fixed Rent Commencement Date is not the first day of a month, the Fixed Rent for the month in which the Fixed Rent Commencement Date occurs shall be apportioned according to the number of days in that month.
If requested by Landlord or Tenant, Landlord and Tenant shall promptly sign and deliver a confirmation of the Commencement Date, the Fixed Rent Commencement Date, if any, the Fixed Expiration Date and any other dates referred to in this lease, but the failure to do so shall not change those dates.
Failure by either party to request or to execute, acknowledge or deliver any such memorandum or agreement, however, shall not affect the determination of the Commencement Date, the Fixed Rent Commencement Date or any Renewal Term Commencement Date, as the case may be.