Common use of Initial Occupancy Clause in Contracts

Initial Occupancy. Tenant shall be obligated to take possession and enter into occupancy of the Premises within thirty (30) days following the Substantial Completion Date; provided, however, that Landlord's sole remedy for breach of this covenant alone, at Landlord's election by written notice to Tenant, shall be to terminate this Lease. In the event of such termination under this clause (c), neither party shall have any further obligations under this Lease except Landlord's and Tenant's respective indemnification obligations under this Lease shall survive such termination of this Lease.