Expansion A Effective Date Clause Samples
Expansion A Effective Date. As used herein, “Expansion A Effective Date” means the earlier to occur of (i) the date on which Tenant first conducts business in Expansion Space A pursuant to this Amendment, or (ii) the date on which the Tenant Improvement Work (for purposes of this Section 1.2, as defined in Exhibit C-1 attached hereto) is Substantially Complete (for purposes of this Section 1.2, as defined in Exhibit C-1 attached hereto), which is anticipated to be September 1, 2012 (the “Target Expansion A Effective Date”). Subject to Section 1.5 below, the adjustment of the Expansion A Effective Date and, accordingly, the postponement of Tenant’s obligation to pay rent for Expansion Space A shall be Tenant’s sole remedy if the Tenant Improvement Work is not Substantially Complete on the Target Expansion A Effective Date. If the Expansion A Effective Date is delayed, the Second Extended Expiration Date shall not be similarly extended.
