New Premises definition

New Premises means any new premises to which both the Operator and Service Provider relocate in accordance with clause 10 of the Lease.
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New Premises shall have the meaning given such term in Section 30 hereto.
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New Premises means a property previously undeveloped which is placed into service by means other than or in conjunction with Expansion or Modernization.
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Examples of New Premises in a sentence

  • Landlord agrees to improve and construct the Tenant Improvements for the New Premises in accordance with the terms of the Work Letter Agreement attached as Exhibit B to the New Lease.

  • Concurrently with the execution of this Agreement, and as a material inducement to each other party to sign this Agreement, Landlord and Tenant shall execute the New Lease with respect to the lease by Landlord to Tenant of the New Premises.

  • Except and only to the extent of Landlord's obligation in the Work Letter Agreement, Landlord has not made any other commitments or promises to Tenant which would obligate Landlord to pay or reimburse Tenant for any costs of Tenant's move from the Original Premises and relocation into the New Premises.

  • Tenant agrees to completely vacate the Original Premises, including removal of all of its furniture, furnishings, equipment and personal property, no later than three (3) days following written notice from Landlord that the New Premises is substantially completed, subject only to minor punch list items.

  • If Tenant is already occupying the Premises, then Landlord will also pay the reasonable expenses of Tenant's moving from the Premises to the New Premises and for improving the New Premises so that the leasehold improvements in the New Premises are substantially similar to those in the Premises.


More Definitions of New Premises

New Premises means premises that were constructed or have substantially changed their electricity consumption profile since 1 January in the year immediately preceding the Commencement Date.
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New Premises means the premises located at Shanjiankeng, Xintang Town, Dashuikeng, Guanlan County, Bao'an District, Shenzhen, where the Company will relocate or has relocated from the Previous Premises for operation of the Business.
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New Premises shall have the meaning set forth in Section 32.01.
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New Premises means premises which have not been previously supplied with electricity by anyone or which have been previously supplied with electricity (whether by the exempt supplier in question or by anyone else) for a period of less than twelve months except premises to which that exempt supplier is not supplying Class C electricity and which were supplied by that exempt supplier on 31st March 1990 pursuant to an agreement to supply those premises which was subsisting on that date;
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New Premises means any premises (as hereinafter defined) erected after the commencement of this Act or any premises which have been taken down to an extent exceeding one-half of their cubic measure and re-erected after the commencement of this Act;
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New Premises means space within the CR Project Parcel of comparable size to the Leased Premises.
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New Premises means any site (other than the Premises) at which the University requires the Service Provider to perform any or all of the Services
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