Common use of Fixturing Period Clause in Contracts

Fixturing Period. The Tenant shall have possession of the Leased Premises for the Fixturing Period for the purpose of fixturing the Additional Premises. Notwithstanding any other provision of this Agreement and the Lease, the Tenant shall not be required to pay any Rental for the Additional Premises during the Fixturing Period. In the event the Tenant completes its fixturing of the Additional Premises prior to the end of the Fixturing Period, the Tenant may occupy and open for business in the Additional Premises prior to the Effective Date, but the Tenant’s obligation to pay Rental for the Additional Premises shall not begin until the Effective Date. Except with respect to the payment of Rental for the Additional Premises during the Fixturing Period, the Tenant shall be bound by all terms and conditions of this Agreement and the Lease during the Fixturing Period.

Appears in 2 contracts

Sources: Lease Modification Agreement (Business Objects S.A.), Lease Modification Agreement (Business Objects S.A.)