Commencement Date for Suite 100 Sample Clauses

Commencement Date for Suite 100. As used herein, the “Commencement Date for Suite 100” shall occur on the earlier of (a) 30 days after the date Suite 100 is deemedready for occupancy” (as hereinafter defined) as set forth below and possession thereof is delivered to Tenant, or (b) the date Tenant commences its regular business activities within all or any portion of Suite 100. Notwithstanding the foregoing, Landlord shall not tender possession of Suite 100 to Tenant (and the Commencement Date shall accordingly be postponed) during any period in which any “shelter in place” or similar order issued by any federal, state, or local governmental agency in connection with the COVID-19 pandemic is in effect that is applicable to the Premises, unless Tenant otherwise agrees to accept possession. Promptly following request by Landlord, the parties shall memorialize on a form provided by Landlord (the “Suite 100 Commencement Memorandum”) the actual Commencement Date for Suite 100; should Tenant fail to execute and return the Suite 100 Commencement Memorandum to Landlord within 5 business days (or provide specific written objections thereto within that period), then Landlord’s determination of the Commencement Date for Suite 100 as set forth in the Suite 100 Commencement Memorandum shall be conclusive. Suite 100 shall be deemed “ready for occupancy” when Landlord, to the extent applicable, (i) has substantially completed all the work required to be completed by Landlord pursuant to the Work Letter attached to this Amendment but for minor punch list matters, and (ii) has obtained the requisite governmental approvals for Tenant’s occupancy in connection with such work.

Related to Commencement Date for Suite 100

Miscellaneous a. A Person is deemed to be a holder of Registrable Securities whenever such Person owns or is deemed to own of record such Registrable Securities. If the Company receives conflicting instructions, notices or elections from two or more Persons with respect to the same Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from the registered owner of such Registrable Securities.
Termination This Agreement may be terminated at any time prior to the Closing:
Definitions As used in this Agreement, the following terms shall have the following meanings:
WHEREAS highly competent persons have become more reluctant to serve publicly-held corporations as directors, officers or in other capacities unless they are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of such corporations;
Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the day and year first above written.
NOW, THEREFORE the parties hereto agree as follows:
Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).
Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
Entire Agreement The Transaction Documents, together with the exhibits and schedules thereto, contain the entire understanding of the parties with respect to the subject matter hereof and supersede all prior agreements and understandings, oral or written, with respect to such matters, which the parties acknowledge have been merged into such documents, exhibits and schedules.