CONSTRUCTION, POSSESSION AND COMMENCEMENT DATE Sample Clauses

CONSTRUCTION, POSSESSION AND COMMENCEMENT DATE. 4.1 Landlord shall make available to Tenant the Building Shell within the time period set forth in the Construction Schedule with Landlord's Work sufficiently complete to allow Tenant to commence construction of Tenant's Improvements. Landlord shall Substantially Complete Landlord's work (as that term is defined in the Work Letter attached hereto as Exhibit "A") within the time period set forth in the Project Schedule. Landlord shall use diligent good faith efforts to continuously prosecute the construction of Landlord's Work to completion. Tenant shall Substantially Complete Tenant's Improvements within the time period set forth in the Project Schedule. Landlord and Tenant shall allow each other reasonable access to the Premises for the completion of work required hereunder, and shall conduct such work in a commercially reasonable manner. All time periods set forth in the Project Schedule for the construction of Landlord's Work and Tenant's Improvements shall be extended by Landlord-Caused Delays, Tenant-Caused Delays and/or Force-Majeure Delays in the manner and to the extent set forth in the Work Letter, subject to the limitations on Landlord with respect to Force-Majeure Delays set forth in the last paragraph of Section 3.3 above.
Sample 1
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CONSTRUCTION, POSSESSION AND COMMENCEMENT DATE. 4.1 Landlord shall construct the Site Improvements and Building Shell in accordance with the Site Plans and Building Shell Plans, as such plans and specifications may be revised and supplemented from time to time with the mutual consent of Landlord and Tenant. Tenant shall pay $387,908 as Tenant's sole contribution towards the design, permitting and construction of the Site Improvements and Building Shell, and Landlord shall pay for the balance thereof. Tenant shall pay fifty percent (50%) of its contribution upon completion of fifty percent (50%) of the Site Improvements and Building Shell, as certified by the Project Architect, and the balance upon Substantial Completion of the Site Improvements and Building Shell and delivery of same to Tenant. In no event, however, shall Tenant be required to pay any costs before Landlord obtains the nondisturbance agreements and estoppel certificates described in Section 3.3, or before the satisfaction of the conditions described in Section 3.4(a) or the expiration of Tenant's termination right thereunder; furthermore, Landlord shall continue the design, permitting and construction of the Site Improvements and Building Shell, and shall pay or advance all costs thereof, during any such period. Tenant shall repay Landlord for any advances of its contribution to the Site Improvements and Building Shell at such time as Landlord obtains the nondisturbance agreements and estoppel certificates described in Section 3.3 and either the conditions described in Section 3.4(a) have been satisfied or Tenant's termination right thereunder has expired.
Sample 1
CONSTRUCTION, POSSESSION AND COMMENCEMENT DATE. 4.1 Landlord shall construct Landlord's Work in accordance with the provisions of the Work Letter. Except as provided in the Work Letter, all costs and expenses associated with Landlord's Work shall be paid by Landlord. Landlord must commence Construction of Landlord's Work prior to November 1, 1994, as such date is extended by Tenant-Caused Delays. If Landlord has not for any other reason commenced construction by such date (as extended by Tenant Caused Delays), then, at any time thereafter, Tenant shall have the right to terminate this Lease by giving thirty (30) days prior written notice to Landlord unless construction commences within such thirty (30) day period. To "commence construction" shall mean to commence grading of the Real Property. Once Landlord has commenced grading, Landlord will diligently pursue Landlord's Work and Tenant's Improvement Work to completion.
Sample 1

Related to CONSTRUCTION, POSSESSION AND COMMENCEMENT DATE

  • Service Commencement Date The date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Section 15.3 or Section 29.1 under the Tariff.

  • Construction Commencement The Connecting Transmission Owner shall commence construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades for which it is responsible as soon as practicable after the following additional conditions are satisfied:

  • Construction Period During the construction period, Redeveloper agrees to keep the construction area, including completed operations insured against loss or damage by fire, and such other risks, casualties, and hazards as are customarily covered by builders’ risk or extended coverage policies in an amount not less than the replacement value but allowing for reasonable coinsurance clauses and deductibles. In the event of any insured damage or destruction, Redeveloper agrees to use its good faith efforts to commence restoration of the Private Improvements to its prior condition within nine (9) months from the date of the damage or destruction, and shall diligently pursue the same to completion.

  • DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION § 3.1 The date of commencement of the Work shall be: (Check one of the following boxes.) [ « » ] The date of this Agreement. [ « » ] A date set forth in a notice to proceed issued by the Owner. [ « » ] Established as follows: (Insert a date or a means to determine the date of commencement of the Work.) « » If a date of commencement of the Work is not selected, then the date of commencement shall be the date of this Agreement.

  • Commencement and Completion of Construction The Company shall begin Construction Activities no later than January 1, 2014 (“Commencement Date”) and secure a final Certificate of Compliance by August 27, 2015 (hereinafter, “Completion Date”).

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project

  • Commencement and Completion 5.1 The Owner agrees to commence the Restoration Works, Landscaping Works, and Works and Utilities requirements and Inspection Services requirements forthwith upon adoption of City of Kelowna Heritage Revitalization Agreement Authorization Bylaw No. and to complete all such Works no later than December 31st, 2004.

  • Delivery; Acceptance of Premises; Commencement Date Landlord shall use reasonable efforts to deliver the Premises to Tenant on or before the Target Commencement Date, with Landlord’s Work Substantially Completed (“Delivery” or “Deliver”). If Landlord fails to timely Deliver the Premises, Landlord shall not be liable to Tenant for any loss or damage resulting therefrom, and this Lease shall not be void or voidable except as provided herein. If Landlord does not Deliver the Premises within 45 days of the Target Commencement Date for any reason other than Force Majeure delays and Tenant Delays, this Lease may be terminated by Tenant by written notice to Landlord, and if so terminated by Tenant: (a) the Security Deposit, or any balance thereof (i.e., after deducting therefrom all amounts to which Landlord is entitled under the provisions of this Lease), shall be returned to Tenant, and (b) neither Landlord nor Tenant shall have any further rights, duties or obligations under this Lease, except with respect to provisions which expressly survive termination of this Lease. As used herein, the terms “Landlord’s Work,” “Tenant Delays” and “Substantially Completed” shall have the meanings set forth for such terms in the Work Letter. If Tenant does not elect to void this Lease within 10 business days of the lapse of such 45 day period, such right to void this Lease shall be waived and this Lease shall remain in full force and effect. Notwithstanding anything to the contrary contained herein, if Tenant does not terminate this Lease pursuant to the immediately preceding sentence, Base Rent shall be abated 1 day for each day after such 45 day period (as extended by Force Majeure delays and Tenant Delays) that the Premises are not Delivered to Tenant.

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) sixty (60) days following the date of delivery of the Premises from Landlord to Tenant, which delivery date is anticipated to be May 1, 2002, as such date may be adjusted pursuant to the Tenant Work Letter attached hereto as Exhibit B.

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans: the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

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