Second Due Date definition
Examples of Second Due Date in a sentence
For the purposes of section 3.4A.27 of the Act: clauses 6.1, 6.2 and 6.3 are forfeiture provisions; and with respect to clause 6.1, the relevant date is 1 June 2019; with respect to clause 6.2, the relevant date is the date immediately following the Second Due Date; and with respect to clause 6.3, the relevant date is the date immediately following the last day of the third month after the final Deferred Payment Interest Due Date.
In the event the date of Substantial Completion is later than May 1, 2008 (the “Second Due Date”), then Tenant shall receive one and one-half (1 1/2) days of free Rent for the Expansion Premises for every day that the date of Substantial Completion is past the Second Due Date, which shall be credited to Tenant by delaying the Expansion Premises Commencement Date by said number of days.