Expansion Date applicable to Expansion Premises Sample Clauses
Expansion Date applicable to Expansion Premises. The parties acknowledge that the Expansion Premises are, as of the Effective Date, the subject of a lease (the “Existing Lease”) by which the Expansion Premises are leased by Landlord to another tenant of the Building (the “Existing Tenant”), the term of which is scheduled to expire on June 30, 2011. The Expansion Date applicable to the Expansion Premises shall be the earlier of (i) ninety (90) days after the Expansion Premises Delivery Date, defined below; or (ii) the date on which a certificate of occupancy for the Expansion Premises is issued by the appropriate local municipal authority having jurisdiction over the Building after completion of the Improvements, defined in the Work Agreement attached hereto as Exhibit C (the “Work Agreement”). Effective on the Expansion Date, and throughout the remainder of the Term of the Lease, the Expansion Premises shall become part of the Leased Premises and all the terms, conditions and obligations of the Lease shall apply to the Expansion Premises.
