Third Expansion Premises Commencement Date definition

Third Expansion Premises Commencement Date shall be the earlier to occur of: (i) the date that Landlord delivers the Third Expansion Premises to Tenant, or (ii) the date that Landlord could have delivered to Third Expansion Premises to Tenant but for Tenant Delays. The “Target Third Expansion Premises Commencement Date” shall be January 1, 2019. Upon request of Landlord, Tenant shall (absent manifest error) execute and deliver a written acknowledgment of the Third Expansion Premises Commencement Date and the expiration date in a form substantially similar to the form of the “Acknowledgement of Commencement Date” attached to the Lease as Exhibit D; provided, however, Tenant’s failure to execute and deliver such acknowledgment shall not affect Landlord’s rights hereunder. Except as set forth in the Third Expansion Premises Work Letter: (i) Tenant shall accept the Third Expansion Premises in their condition as of the Third Expansion Premises Commencement Date, subject to all applicable Legal Requirements; (ii) Landlord shall have no obligation for any defects in the Third Expansion Premises; and (iii) Tenant’s taking possession of the Third Expansion Premises shall be conclusive evidence that Tenant accepts the Third Expansion Premises and that the Third Expansion Premises were in good condition at the time possession was taken. Tenant agrees and acknowledges that, except as otherwise expressly set forth in this Sixth Amendment or the Third Expansion Premises Work Letter, neither Landlord nor any agent of Landlord has made any representation or warranty with respect to the condition of all or any portion of the Third Expansion Premises, and/or the suitability of the Third Expansion Premises for the conduct of Tenant’s business, and Tenant waives any implied warranty that the Third Expansion Premises are suitable for the Permitted Use.
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Third Expansion Premises Commencement Date or "TEPCD") after Landlord has (a) obtained possession of the Third Expansion Premises from the Existing Tenant, and (b) constructed the Demising Wall (as defined below). Commencing on the Third Expansion Premises Commencement Date and continuing through the Term, as extended herein, the Third Expansion Premises shall be included in the "Premises" for all purposes under the Lease (and the "Premises" shall consist of both the Existing Premises and the Third Expansion Premises, totaling approximately 27,639 rentable square feet).
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Third Expansion Premises Commencement Date. (as defined in Section 2 below), the “Premises” leased to Tenant pursuant to the Lease shall for all purposes be deemed to include the balance of the Rentable Area contained in Building “A” (the “Third Expansion Premises”). The Third Expansion Premises is agreed by the parties to contain eight thousand one hundred sixty-seven (8,167) square feet of Rentable Area. The entire Premises is agreed by the parties to contain a total of seventy-one thousand six hundred twelve (71,612) square feet of Rentable Area (notwithstanding any deviation there from), which is comprised of fifty thousand (50,000) square feet in Building Two and twenty-one thousand six hundred twelve (21,612) square feet in Building “A”. References to the “Building” contained in the Lease shall pertain to the either or both of Building Two and/or Building “A”, as the context requires. Notwithstanding anything to the contrary contained in the Lease, Tenant shall not be obligated for causing the physical structure of Building A or any of the bathrooms located within the Third Expansion Premises to comply with the Americans with Disabilities Act of 1990, as amended.
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Examples of Third Expansion Premises Commencement Date in a sentence

  • From and after the Third Expansion Premises Commencement Date Tenant's Share shall be 46.62%.

  • Through the day immediately prior to the Third Expansion Premises Commencement Date, Tenant shall continue to pay all Minimum Annual Rent and Monthly Rental Installments for the Leased Premises as set forth in the Lease as unamended hereby.

  • The period from the Third Expansion Premises Commencement Date to the Third Expansion Premises Expiration Date shall be known as the “Expansion Term”.

  • In addition to the Current Premises, commencing on the Third Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Third Expansion Premises.

  • Accordingly, effective as of the Third Expansion Premises Commencement Date, the Annual Base Rent schedule set forth on Exhibit G to the Original Lease and amended in the First Amendment shall be deemed to be replaced by this Section 3.3. In addition to the Annual Base Rent for the Third Expansion Premises, commencing on the Third Expansion Premises Commencement Date, the Tenant shall pay to the Owner all other sums payable under the terms of the Lease with respect to the Third Expansion Premises.

  • Consequently, effective upon the Third Expansion Premises Commencement Date, the “Premises,” as that term is defined in the Lease, shall consist of the Original Premises, the First Expansion Premises and the Third Expansion Premises.

  • Following the Third Expansion Premises Commencement Date, the Leased Premises shall include a total of 100,156 rentable square feet.

  • Commencing on the Third Expansion Premises Commencement Date until May 30, 2008, total Annual Base Rent for the Premises and the Third Expansion Premises shall be $264,408.00.

  • Landlord shall use diligent efforts to achieve Substantial Completion of Landlord’s Work and deliver the Third Expansion Premises (“Delivery” or “Deliver”) to Tenant on or before the Target Third Expansion Premises Commencement Date (which date shall be subject to Force Majeure delays and Tenant Delays).

  • If the Construction Allowance is not fully utilized by the date which occurs eighteen (18) months after the Third Expansion Premises Commencement Date, the unused portion of the Construction Allowance shall be retained by Landlord.

Related to Third Expansion Premises Commencement Date

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, you

  • Commencement Date means the date of this Agreement;

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.