Common use of Demise and Term Clause in Contracts

Demise and Term. Landlord leases to Tenant and Tenant leases from Landlord the premises (the "Premises") described in Item 1 of the Schedule and shown on the plan attached hereto as Exhibit A, subject to the covenants and conditions set forth in this Lease, for a term (the "Term") commencing on the date (the "Commencement Date") which is the earlier to occur of (a) the date described in Item 6 of the Schedule, or (b) the date that Tenant takes occupancy of the Premises for the conduct of business, and expiring on the date (the "Expiration Date") that is the last day of the 87th full calendar month of the Term, unless terminated earlier as otherwise provided in this Lease. The Commencement Date is subject to deferment as provided in Paragraph 6 of the Work Letter Agreement attached hereto as Exhibit C (the "Work Letter Agreement") based upon the terms and conditions set forth therein. Tenant shall complete and furnish to Landlord, on or before occupancy of the Premises, the Suite Acceptance Agreement attached hereto as Exhibit D, which shall acknowledge the actual Commencement Date and Expiration Date. In addition to the Premises, Tenant shall have the right to use, in common with Landlord and all other tenants and occupants of the Building, all portions of the Building designated by Landlord for the common use of tenants and occupants, including, without limitation, entrances and exits, hallways and elevators.

Demise and Term. Landlord leases to Tenant and Tenant leases from Landlord the premises (the "Premises") described in Item 1 of the Schedule and shown on the plan attached hereto as Exhibit A, subject to the covenants and conditions set forth in this Lease, for a term (the "Term") commencing on the date described in Item 6 of the Schedule (the "Commencement Date") which is the earlier to occur of (a) the date described in Item 6 of the Schedule, or (b) the date that Tenant takes occupancy of the Premises for the conduct of business, and expiring on the date (the "Expiration Date") that is immediately precedes the last day tenth anniversary of the 87th full calendar month of the TermCommencement Date, unless terminated earlier as otherwise provided in this Lease. The Lease (or, if such anniversary of the Commencement Date is subject to deferment as provided in Paragraph 6 not the first day of a calendar month, the Expiration Date shall be the last day of the Work Letter Agreement attached hereto as Exhibit C (month in which the "Work Letter Agreement") based tenth anniversary of the Commencement Date occurs). Tenant may occupy the Premises for the conduct of business prior to the Commencement Date, provided such occupancy shall be upon all of the terms and conditions set forth thereinof this Lease other than the obligations to pay Base Rent and Adjustment Rent (as hereinafter defined) for such period prior to the Commencement Date. Tenant shall complete and furnish to Landlord, on or before occupancy of the Premises, the Suite Acceptance Agreement attached hereto as Exhibit D, which shall acknowledge the actual Commencement Date and Expiration Date. In addition to the Premises, Tenant shall have the right to use, in common with Landlord and all other tenants and occupants of the Building, all portions of the Building designated by Landlord for the common use of tenants and occupants, including, without limitation, entrances and exits, hallways and elevators.

Demise and Term. Landlord leases to Tenant and Tenant leases from Landlord the premises (the "Premises") described in Item 1 of the Schedule and shown on the plan plans attached hereto as Exhibit A, subject to the covenants and conditions set forth in this Lease, for a term (the "Term") commencing on the date (the "Commencement Date") which is the earlier first to occur of (ax) the date described in Item 6 of the Schedule, Schedule (subject to deferral as provided in Paragraph 4 of the Work Letter Agreement attached hereto as Exhibit C [the "Work Letter Agreement"]) or (by) the date that Tenant takes occupancy commences business operations in any part of the Premises for the conduct of businessPremises, and expiring on the date (the "Expiration Date") that is immediately precedes the last day tenth anniversary of the 87th full calendar month of the TermCommencement Date, unless terminated earlier as otherwise provided in this Lease. The Lease (or, if such anniversary of the Commencement Date is subject to deferment as provided in Paragraph 6 not the first day of a calendar month, the Expiration Date shall be the last day of the Work Letter Agreement attached hereto as Exhibit C (month in which the "Work Letter Agreement") based upon tenth anniversary of the terms and conditions set forth thereinCommencement Date occurs). Tenant shall complete and furnish to Landlord, on or before occupancy of the Premises, the Suite Acceptance Agreement attached hereto as Exhibit D, which shall acknowledge the actual Commencement Date and Expiration Date. In addition to the Premises, Tenant shall have the right to use, in common with Landlord and all other tenants and occupants of the Building, all portions of the Building designated by Landlord for the common use of tenants and occupants, including, without limitation, entrances and exits, hallways and elevators.

Demise and Term. Landlord leases to Tenant Section 201: For and Tenant leases from Landlord the premises (the "Premises") described in Item 1 consideration of the Schedule and shown on the plan attached hereto as Exhibit A, subject to the covenants and conditions on the part of each party herein reserved and contained, Landlord does hereby demise and lease to Tenant, and Tenant does hereby take and hire from Landlord, upon and subject to the terms, covenants and conditions herein set forth forth, the Demised Premises (but without hereby waiving or surrendering the rights of Landlord as a municipality to enforce its laws, regulations and ordinances in this Leasethe same manner as the same are enforced with respect to other property within the City of Hartford, which are hereinafter referred to as its "Municipal Powers") TO HAVE AND HOLD (as a leasehold interest and not as a grant of a fee ownership) for a term (the "Term") commencing on the date hereof and ending at midnight on the day preceding the fortieth (40th) anniversary of the Commencement Date (the "Commencement DateOriginal Term"). Tenant shall have two (2) successive options to extend the term of this Lease for a period of ten years (each of such periods being hereinafter called and "Extension Period") commencing upon the day after the expiration date of the then existing Term; so long as and only if Tenant is not in default of any of its obligations under this Lease upon such expiration date. If Tenant elects to exercise either of said options, it shall do so by giving notice of such election to Landlord during the Original Term, or first Extension Period, as applicable, no later than the date which is three hundred sixty-five (365) days prior to the earlier to occur of (a) the date described in Item 6 commencement of the Schedule, or (b) Extension Period for which such election is exercised. If Tenant exercises said extension option the date that Tenant takes occupancy of the Premises term hereof shall be automatically extended for the conduct Extension Period covered thereby without the necessity for execution of businessany further lease, instrument or agreement. Such Extension Period shall be upon the same terms and expiring on conditions including Rent and PILOT as are in effect hereunder immediately preceding the date (the "Expiration Date") that is the last day commencement of the 87th full calendar month of the Term, unless terminated earlier such Extension Period except as otherwise provided in this Lease. The Commencement Date is subject to deferment as provided in Paragraph 6 of the Work Letter Agreement attached hereto as Exhibit C (the "Work Letter Lease Agreement") based upon the terms and conditions set forth therein. Tenant shall complete and furnish to Landlord, on or before occupancy of the Premises, the Suite Acceptance Agreement attached hereto as Exhibit D, which shall acknowledge the actual Commencement Date and Expiration Date. In addition to the Premises, Tenant shall have the right to use, in common with Landlord and all other tenants and occupants of the Building, all portions of the Building designated by Landlord for the common use of tenants and occupants, including, without limitation, entrances and exits, hallways and elevators.