Common use of Initial Premises Clause in Contracts

Initial Premises. The Lease Commencement Date for the Initial Premises (the “Initial Premises Commencement Date”) shall be the date that is the earlier of (i) the date Tenant, or any person occupying any portion of the Premises with Tenant’s permission, commences business operations in the Premises, and (ii) the date that is ninety (90) days after the date that Landlord delivers possession of the Initial Premises to Tenant.

Appears in 2 contracts

Sources: Lease Agreement (Fusion-Io, Inc.), Lease Agreement (Fusion-Io, Inc.)