Excusable Tenant Delay Sample Clauses
The Excusable Tenant Delay clause defines circumstances under which a tenant is not held responsible for delays in fulfilling their obligations under a lease, such as completing construction or moving in. Typically, this clause lists specific events—like natural disasters, government actions, or labor strikes—that, if they occur, extend the tenant’s deadlines without penalty. Its core function is to protect tenants from being penalized for delays that are beyond their control, ensuring fairness and reducing disputes over unforeseen setbacks.
Excusable Tenant Delay. Regardless of the existence or absence of references to Excusable Tenant Delay elsewhere in this Lease, the deadlines of Tenant set forth in Section 8.4 above and all other deadlines and time periods within which Tenant must fulfill the obligations of Tenant elsewhere in this Lease shall each be adjusted as appropriate to include Excusable Tenant Delay Periods unless otherwise expressly provided in this Agreement; provided that (i) the obligation to pay Rent as and when due pursuant to the terms of this Lease is not subject to adjustment or extension due to Excusable Tenant Delay and (ii) Tenant complies with the requirements of this Article X. With respect to each occurrence of Excusable Tenant Delay, Tenant shall, within ten (10) calendar days after Tenant’s knowledge of the occurrence of an event that Tenant reasonably believes to be an Excusable Tenant Delay, which may be a claim from the Project Contractor, give Notice to Landlord Representative of the event constituting Excusable Tenant Delay, Tenant’s good faith estimate of the Excusable Tenant Delay Period resulting therefrom and the basis therefor, Tenant’s good faith estimate of any adjustment resulting therefrom that is to be made to the Project Construction Schedule or other time for performance, as the case may be, together with reasonable documentation supporting the adjustments proposed. If Landlord Representative believes that the documentation supplied is not sufficient to justify the delay claimed or adjustments proposed, Landlord Representative shall give Notice to Tenant of the claimed deficiency and Tenant shall have a reasonable period of time to more fully document the delay and adjustments claimed. Only one (1) Notice from Tenant shall be required with respect to a continuing Excusable Tenant Delay, except that Tenant shall promptly (and in no event less often than every thirty (30) calendar days) give Notice to Landlord Representative of any further changes in the Project Construction Schedule or the additional time for performance claimed by reason of the continuing delay. Landlord Representative shall have the right to challenge Tenant’s assertion of the occurrence of an Excusable Tenant Delay, or Tenant’s good faith estimate of the Excusable Tenant Delay Period, changes in the Project Construction Schedule or the additional time for performance claimed by reason of the Excusable Tenant Delay if Landlord Representative gives Notice to Tenant within thirty (30) calendar days after...
Excusable Tenant Delay. Landlord and Tenant hereby acknowledge and agree that, as of the Effective Date of this First Amendment, no Excusable Tenant Delay or Excusable Tenant Delay Period has occurred during the Term.
Excusable Tenant Delay. Regardless of the existence or absence of references to Excusable Tenant Delay elsewhere in this Lease, the deadlines of Tenant set forth in Section 8.1 and Section 8.4 above and all other deadlines and time periods within which Tenant must fulfill the obligations of Tenant elsewhere in this Lease shall each be adjusted as appropriate to include Excusable Tenant Delay Periods unless otherwise expressly provided in this Agreement; provided that (i) the obligation to pay Rent as and when due pursuant to the terms of this Lease is not subject to adjustment or extension due to Excusable Tenant Delay and (ii) Tenant complies with the requirements of this Article X. With respect to each occurrence of Excusable Tenant Delay, Tenant shall, within twenty
Excusable Tenant Delay. Regardless of the existence or absence of references to Excusable Tenant Delay elsewhere in this Agreement, any deadline or time period within which Tenant must fulfill the obligations of Tenant elsewhere in this Agreement shall each be adjusted as appropriate to include that number of days of delay in the performance by Tenant of its obligations hereunder actually resulting from such Excusable Tenant Delay, unless otherwise expressly provided in this Agreement to the contrary; provided that (i) the obligation to pay Rent as and when due pursuant to the terms of this Agreement is not subject to adjustment or extension due to Excusable Tenant Delay unless otherwise expressly provided herein to the contrary and (ii) Tenant complies with the requirements of this Article XX. With respect to each occurrence of Excusable Tenant Delay, Tenant shall, within fifteen
Excusable Tenant Delay. Regardless of the existence or absence of references to Excusable Tenant Delay elsewhere in this Agreement, any deadline or time period within which Tenant must fulfill the obligations of Tenant elsewhere in this Agreement, other than any obligation to make any monetary payment, including Rent, shall each be adjusted as appropriate to include that number of days of delay in the performance by Tenant of its obligations hereunder actually resulting from such Excusable Tenant Delay, unless otherwise expressly provided in this Agreement to the contrary; provided that Tenant complies with the requirements of this Article XX.