Initial Abatement Period Sample Clauses

Initial Abatement Period. Provided that the Original Tenant is not then in default of this Lease (beyond any applicable notice and cure periods), then for the first six (6) months and three (3) days, commencing on the Lease Commencement Date and ending on the day immediately preceding the Rent Commencement Date (the "Initial Abatement Period"), Tenant shall have no obligation to pay any Base Rent (or "Additional Rent," as that term is set forth in Section 4.1 of this Lease) otherwise attributable to such Initial Abatement Period; provided, however, that such Initial Abatement Period shall be extended by the actual number of days of any "Landlord Caused Delay," as that term is defined in Section 5.2 of the Tenant Work Letter. Such Initial Abatement Period has been factored into the schedule of Base Rent set forth in Section 4 of the Summary.
Sample 1
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Initial Abatement Period. Notwithstanding Section 3.1 above, Sublessee shall not be liable for any Base Rent that would otherwise be due during the Initial Abatement Period.
Sample 1
Initial Abatement Period. In lieu of Sublandlord contributing money toward the cost of tenant improvements in the Sublet Premises (other than toward the Lobby Improvements and Computer Room Improvements referred to in Section 5 above), Subtenant shall have no obligation to pay any Base Rent to Sublandlord that would otherwise be payable by Subtenant with respect to the period which begins on the Commencement Date and ends at midnight on March 15, 2006.
Sample 1

Related to Initial Abatement Period

  • Rental Period (a) Renter has the right to use the rental vehicle (“Vehicle”) until the return date indicated on the Rental Agreement Summary ("Rental Period").

  • Meal Period ‌ A Contractor shall schedule an unpaid period of not more than 1/2 hour duration at the work location between the 3rd and 5th hour of the scheduled shift. A Contractor may, for efficiency of operation, establish a schedule which coordinates the meal periods of two or more crafts or which provides for staggered lunch periods within a craft or trade. If an employee is required to work through the meal period, the employee shall be compensated in a manner established in the applicable Schedule A.

  • AGREEMENT PERIOD The terms of this Agreement and the performance of the parties hereto shall commence, or be deemed to have commenced, the 1st day of January 2020 and will continue through the 31st day of December 2020, both dates inclusive, unless sooner terminated or extended as provided for herein.

  • Lease Period The lease period of the Finance Lease Agreement I is 24 months, which commenced on September 28, 2021. The lease period of the Finance Lease Agreement II is 36 months, which shall commence on August 29, 2022.

  • COMMENCEMENT/EXPIRATION DATE This instrument is executed as of the date of last signature and is effective for five years from that date, at which time it will expire unless extended.

  • PRORATION PERIOD The Tenant: (check one) ☐ - Shall take possession of the Premises before the start of the Lease Term on , 20 and agrees to pay $ for the proration period. The proration rate is calculated by the monthly Rent on a daily basis which shall be paid by the Tenant upon the execution of this Agreement. ☐ - Shall not be taking possession of the Premises before the Lease Term.

  • Initial Period The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.

  • Development Period The Contractor may commence pre-construction activities like utility shifting, boundary wall construction or any other activity assigned to the Contractor by the Authority to enable construction of the Project Highway immediately after signing of the Agreement, to the extent that such work is ready for execution. The Parties agree that these works may be taken up and completed to the extent feasible by the Contractor, before declaration of the Appointed Date, but no claim against the Authority for delay shall survive during this period and that the undertaking of these works by the Contractor shall not count towards the Scheduled Construction Period of the project which starts counting only from the Appointed Date. No construction activity of the Project Highway shall be undertaken during the development period.

  • Base Term Commencing on the Expansion Premises Commencement Date, the defined term “Base Term” on page 1 of the Lease is deleted in its entirety and replaced with the following:

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

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