Common use of Delivery; Acceptance of Premises; Commencement Date Clause in Contracts

Delivery; Acceptance of Premises; Commencement Date. Landlord shall use reasonable efforts to deliver the Premises to Tenant on or before the Target Commencement Date, which shall be free and clear of all tenants and occupants and their possessions, in Tenant Improvement Work Readiness Condition (“Delivery” or “Deliver”) for Tenant’s construction of the Tenant Improvements under the Work Letter. 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. Notwithstanding anything to the contrary contained herein, if Landlord fails to Deliver the Premises to Tenant within 30 days after the Target Commencement Date (as such date may be extended by Force Majeure delays and Tenant Delays, the “Abatement Date”), Base Rent payable with respect to the Premises shall be abated 1 day for each day after the Abatement Date that Landlord fails to Deliver the Premises to Tenant (such abatement to commence on the Rent Commencement Date). If Landlord does not

Delivery; Acceptance of Premises; Commencement Date. Landlord shall use reasonable efforts to deliver the Premises to Tenant on or before the Target Commencement Date, which shall be free and clear of all tenants and occupants and their possessions, with the Tenant Improvements in Tenant Improvement Work Readiness Condition the Premises Substantially Completed (“Delivery” or “Deliver”) for Tenant’s construction of the Tenant Improvements under the Work Letter). 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. Notwithstanding anything to the contrary contained herein, if Landlord fails to Deliver the entirety of the Premises to Tenant within 30 60 days after the Target Commencement Date (as such date may be extended by Force Majeure delays (as defined in Section 34) and Tenant Delays, the “Abatement Date”), Base Rent payable with respect to any then un-delivered portion of the Premises shall be permanently abated 1 day for each day after the Abatement Date that Landlord fails to Deliver the remaining un-Delivered portion of the Premises to Tenant (such abatement to commence on the Rent Commencement Date)Tenant. If Landlord does notnot Deliver the entirety of the Premises within 180 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

Delivery; Acceptance of Premises; Commencement Date. Landlord shall use reasonable efforts to deliver the Premises to Tenant on or before the Target Commencement Date, which shall be free and clear of all tenants and occupants and their possessions, in Tenant Improvement Work Readiness Condition (“Delivery” or “Deliver”) for Tenant’s construction of the Tenant Improvements under pursuant to the Work LetterLetter in Tenant Improvement Work Readiness Condition on or before the Target Commencement Date. If Landlord fails to timely Deliver the PremisesPremises in Tenant Improvement Work Readiness Condition, except as set forth in the following sentence, 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 hereinvoidable. Notwithstanding anything to the contrary contained herein, if If Landlord fails to does not Deliver the Premises to Tenant within 30 90 days after of the Target Commencement Date (as such date may be extended by for any reason other than Force Majeure delays Delays and Tenant Delays, the “Abatement Date”), then Tenant shall be entitled to 1 day of abatement of Base Rent payable with respect to (calculated at the Premises shall be abated 1 day rate of the Base Rent for the first year of the Term) for each day of such delay after the Abatement Date that such 90-day period until Landlord fails to Deliver Delivers the Premises to in Tenant (Improvement Work Readiness Condition. As used herein, the terms “Tenant Improvements,” “Tenant Improvement Work Readiness Condition” and “Tenant Delays” shall have the meanings set forth for such abatement to commence on terms in the Rent Commencement Date). If Landlord does notWork Letter.

Delivery; Acceptance of Premises; Commencement Date. Landlord shall use reasonable efforts to deliver the Premises to Tenant on or before the Target Commencement Date, which shall be free and clear of all tenants and occupants and their possessions, in Tenant Improvement with Xxxxxxxx’s Work Readiness Condition Substantially Completed (“Delivery” or “Deliver”) for Tenant’s construction of the Tenant Improvements under the Work Letter). 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. Notwithstanding anything to the contrary contained herein, if Landlord fails to Deliver the Premises to Tenant within 30 (i) on or before the date that is 60 days after the Target Commencement Date (as such date may be extended by for Force Majeure delays and Tenant Delays, the ) (“Initial Abatement Date”), Base Rent payable with respect to the Premises shall be abated 1 day for each day after the Initial Abatement Date (as such date may be extended for Force Majeure delays and Tenant Delays) that Landlord fails to Deliver the Premises to Tenant, and (ii) on or before the date that is 90 days after the Target Commencement Date (as such date may be extended for Force Majeure delays and Tenant Delays) (“Second Abatement Date”), Base Rent shall be abated 2 days for each day after the Second Abatement Date (as such abatement to commence on the Rent Commencement Date). If Landlord does notdate may be Multi-Tenant Laboratory One Xxxxxxx Square/Korro – Page 3

Delivery; Acceptance of Premises; Commencement Date. Landlord shall use reasonable efforts to deliver the Premises to Tenant on or before the Target Commencement Date, which shall be free and clear of all tenants and occupants and their possessions, in Tenant Improvement with Landlord’s Work Readiness Condition Substantially Completed (“Delivery” or “Deliver”) for Tenant’s construction of the Tenant Improvements under the Work Letter). 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. Notwithstanding anything the foregoing, Base Rent payable with respect to the contrary contained herein, if Landlord fails to Deliver entire Premises shall be abated 1 day for each day after the Premises to Tenant within date that is 30 days after the Target Commencement Date (as such date may be extended by for Force Majeure delays and Tenant Delays, the “Abatement Date”), Base Rent payable with respect to the Premises shall be abated 1 day for each day after the Abatement Date ) that Landlord fails to Deliver the Premises to Tenant (such abatement to commence on the Rent Commencement Date)Tenant. If Landlord does notnot Deliver the Premises within 90 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