Article 13 Clause Samples

Article 13. Tenant delivered the Phase 2 Notice to Landlord on December 20, 2019. Landlord delivered the Holder Phase 2 Financing Notice to Tenant on January 10, 2020. The following “Existing Dates” in Article 13 and set forth in the table below are hereby extended to the applicableExtended Date” set forth in the table below: (Phase 2 Exercise Deadline) – 60 days after Landlord’s receipt of the Phase 2 Notice (see Section 13.2) June 23, 2020 (Landlord and Tenant to enter into the Phase 2 Lease) – 25 Business Days after delivery of the Holder Phase 2 Financing Notice (see Section 13.3(a)) June 23, 2020 44793733.5 (Delivery of Phase 2 Preliminary Budget by Landlord to Tenant) – 90 days after delivery of the Holder Phase 2 Financing Notice (see Section 13.3(b)) August 13, 2020
Article 13. Tenant delivered the Phase 2 Notice to Landlord on December 20, 2019. Landlord delivered the Holder Phase 2 Financing Notice to Tenant on January 10, 2020. The following “Existing Dates” in Article 13 and set forth in the table below are hereby extended to the applicableExtended Date” set forth in the table below: (Phase 2 Exercise Deadline) – June 23, 2020 45 days after the Trigger Date (Landlord and Tenant to enter into the Phase 2 Lease) –June 23, 2020 45 days after the Trigger Date 44793 PPAB 5655072v2