INTERIM OCCUPANCY Sample Clauses

INTERIM OCCUPANCY. The Purchaser shall pay an occupancy fee (the “Occupancy Fee”) monthly in advance, during the period commencing on the Occupancy Date and ending on the Title Closing Date, which Occupancy Fee shall be payable pro rata comprised of the components set out in subsection 80(4) of the Act and shall be equal to the maximum amount permitted thereunder. The Purchaser shall provide any number of postdated cheques with respect to the Occupancy Fee as and when the Vendor may reasonably require same.
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INTERIM OCCUPANCY. The Purchaser shall pay an occupancy fee (the “Occupancy Fee”) monthly in advance, during the period commencing on the Occupancy Date and ending on the Title Closing Date, which Occupancy Fee shall be payable pro rata comprised of the components set out in subsection 80(4) of the Act and shall be equal to the maximum amount permitted thereunder. The Purchaser shall provide any number of postdated cheques with respect to the Occupancy Fee as and when the Vendor may reasonably require same. The Purchaser specifically covenants and agrees that should the Purchaser wish to pay the full amount of the Purchase Price on the day commencing the Occupancy Date, then the Purchaser must have provided prior written notice to the Vendor during the conditional period of this Agreement that the Purchaser intended to do so; otherwise, the Purchaser shall remain responsible to pay the Occupancy Fee throughout the Interim Occupancy Period.
INTERIM OCCUPANCY. For a period commencing on the Commencement Date and ending on the Rent Commencement Date (the "Interim Occupancy Period"), Tenant shall be permitted to use and occupy the 11th floor of the Building (the "Interim Premises"); provided that if due to Unavoidable Delays (excluding in all cases any delays caused by the acts, failure to act or omissions of Tenant) the Initial Installations are not Substantially Complete by the Rent Commencement Date, then the Interim Occupancy Date shall be extended by the amount of such Unavoidable Delay but in no event more than an additional period of 30 days. Tenant acknowledges that, (a) Landlord has made no representations concerning the physical condition of the Interim Premises or the suitability thereof for Tenant's intended use; (b) Landlord has no obligation to perform any improvements, alterations, refurbishments or repairs in order to ready the Interim Premises for Tenant's use; (c) Tenant shall accept Landlord's tender of possession of the Interim Premises in their then "As-Is" condition; and (d) during the Interim Occupancy Period, Tenant may not perform any Alterations to the Interim Premises, other than the installation of telephone and data cabling. Tenant's occupancy of the Interim Premises shall be upon all of the terms and provisions of this Lease, except that the Fixed Rent payable for the Interim Premises shall be $34,040 per month, prorated for any partial periods based upon the actual number of days in the subject calendar month. If Tenant fails to vacate the Interim Premises on the last day of the Interim Occupancy Period (in broom-clean condition), Tenant shall be deemed in holdover of the Interim Premises, which holdover shall be subject to Section 19.2 of this Lease.
INTERIM OCCUPANCY. (a) If the Unit is completed sufficient to permit occupancy thereof as determined by the Vendor by the Occupancy Date or any extension thereof, and the Condominium Corporation has not been registered with the appropriate third party, then the Purchaser, at the option of the Vendor, and if permitted by the City of Burlington or Region of Halton, shall, subject to any other provisions of this Agreement to the contrary, take possession of the Unit until the Unit Transfer Date, upon the terms set forth in Paragraph 5 below (which in such instances shall constitute the occupancy agreement), and/or shall execute at the Vendor’s option its standard form of occupancy agreement (either occupancy agreement hereinafter called the “Occupancy Agreement”). In the event of a conflict between any term contained in the Vendor’s standard form of occupancy agreement and any term contained in Paragraph 5 hereof, the provisions of the Vendor’s standard form of occupancy agreement shall prevail.
INTERIM OCCUPANCY. From and after the execution of this Lease through the Commencement Date (the "Interim Occupancy Period"), Landlord hereby grants Tenant a license to continue to occupy that portion of the Complex currently occupied by Tenant and consisting of approximately 80,000 square feet (the "Existing Premises") at a monthly rental rate of $56,854.00. Upon the Commencement Date, Tenant shall vacate and surrender the Existing Premises in good condition, removing therefrom all of Tenant's furniture, trade fixtures and equipment, and relocate to the Demised Premises.
INTERIM OCCUPANCY. As inducement to sign this Lease, Lessor grants ----------------- Lessee the right to occupy and use certain space comprised of approximately 6,672 rentable square feet (the "Interim Space") located at 000 Xxxxxxxx Xxxxxx, Xxxxxx Xxxx, Xxxxxxxxxx (the "Interim Building") upon execution of this Lease. The right to occupy the Interim Space shall be under the same terms of this Lease (except as otherwise provided in this Paragraph 11) but shall terminate upon the Commencement Date or the earlier termination of this Lease. Lessee shall pay in advance to Lessor monthly rent (or portion thereof) in the amount of Eight Thousand Three Hundred Dollars and 00/100ths ($8,340.00). In addition to the foregoing, Lessee shall pay to Lessor upon demand fifty-one percent (51%) of the actual monthly operating expenses for the Interim Building, as determined by generally accepted accounting practices (GAAP), during Lessee's occupancy of the Interim Space. The parties acknowledge and agree that the Interim Building is currently being leased to one other tenant. For purposes of illustration Gout without placing any limits on Lessee's obligations for monthly operating expenses under this Lease), monthly operating expenses have averaged approximately twenty five cents per square foot. EXHIBIT A [Floor Plan Lot 5] EXHIBIT B --------- TENANT IMPROVEMENT WORK LETTER ------------------------------
INTERIM OCCUPANCY. From and after the Delivery Date, ----------------- Tenant shall have the right, upon prior written notice to Landlord, to use all or any portion of the Premises on an interim basis prior to Tenant's commencement of construction, provided that Tenant shall cease such interim occupancy if Landlord determines, in its reasonable judgment, that any such interim occupancy is interfering with the performance of Landlord's Work. Any such interim occupancy of the Premises shall be upon all of the terms and conditions of this Lease, except that Tenant shall not be obligated to make any payments of Fixed Rent. During any such period of interim occupancy and regardless of the amount of the Premises so used by Tenant, Tenant shall reimburse Landlord for the amount of electricity, water and other utility charges, security and cleaning costs incurred by Landlord during such period, pro rated on a daily basis for each day Tenant is in occupancy, for purposes other than construction of the Improvements. In addition, during any such period of interim occupancy, Tenant shall reimburse Landlord for the amount of Taxes and insurance costs incurred by Landlord during such period, based upon the amount of the Premises so used by Tenant (as determined on a floor-by-floor basis) pro rated on a daily basis for each day Tenant is in occupancy, for purposes other than construction of the Improvements.
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INTERIM OCCUPANCY. Buyer shall commence occupancy of the Properties ----------------- as of the Tier I Closing (as defined in the Asset Purchase Agreements), which the Parties anticipate may occur before the Close of Escrow hereunder. If the Close of Escrow occurs after the Tier I Closing, Buyer shall occupy each Property under a separate lease, each lease being in the form attached hereto as Schedule -------- 13, which shall provide, without limitation: that Buyer's occupancy is on a -- triple net basis; that no rent is payable during the first sixty (60) days of the term; and that the lease shall terminate upon the Close of Escrow. The execution of said Lease by Buyer as lessee and Seller as lessor shall be a condition to the Tier I Closing.
INTERIM OCCUPANCY. The Purchaser acknowledges and agrees that the Purchaser’s possession of the Unit shall commence on the day of , 200 , (the “Occupancy Date’) and shall continue through the last day of that month (the “Partial Month”) and month to month from the first day of the month thereafter until termination. The sum of (the “Occupancy Fee”) shall be payable monthly in advance on the first day of each and every month, save that the proportionate fee payable for the Partial Month shall be payable on or prior to the Occupancy Date. The Purchaser shall provide, on or before the Occupancy Date, a series of post-dated cheques in an amount equal to the Occupancy Fee for the entire period of occupancy as estimated by the Vendor.

Related to INTERIM OCCUPANCY

  • Period of Occupancy The student may occupy an assigned room at the time specified by the university each semester. If the student fails to occupy the room by 5:00 p.m. on the first day of classes, the university reserves the right to reassign the space or initiate a contract cancellation. However, failure to occupy an assigned space does not automatically release the student from contractual obligation. Occupancy of the room must be relinquished at the completion of the contract. University housing facilities are closed during the periods between semesters, the Thanksgiving holiday and spring break. Residents who are not graduating are required to check out of their residence halls within 24 hours after their last exam but no later than 5:00p.m. on the last day of the exam schedule.

  • Maximum Occupancy No more than two (2) guests per one (1) resident (who is present) are permitted in a student room/suite/apartment at any given time unless otherwise approved by the University (Residential Life).

  • Early Occupancy If Tenant occupies the Property prior to the Commencement Date, Tenant's occupancy of the Property shall be subject to all of the provisions of this Lease. Early occupancy of the Property shall not advance the expiration date of this Lease. Tenant shall pay Base Rent and all other charges specified in this Lease for the early occupancy period.

  • Certificate of Occupancy The Contractor’s obligation under the Contract is to install the Work in accordance with the Contract Documents, obtain the Certificate of Occupancy from the State Fire Marshal or his deputy, and forward it to the Design Professional as a part of the final close out procedures. The Design Professional’s obligation is to design the Work to comply with the applicable codes and to qualify for a Certificate of Occupancy.

  • Ready for Occupancy For purposes of Section 1.3.2 of this Agreement, the Premises shall be deemed “Ready for Occupancy” upon the substantial completion of the Tenant Improvement Work. Subject to Section 4.2 below, the Tenant Improvement Work shall be deemed to be “substantially complete” upon the completion of the Tenant Improvement Work pursuant to the Approved Construction Drawings (as reasonably determined by Landlord), with the exception of any details of construction, mechanical adjustment or any other similar matter the non-completion of which does not materially interfere with Tenant’s use of the Premises.

  • Occupancy The Assuming Institution shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's option with respect to such leased Bank Premises.

  • Possession and Occupancy The Seller will deliver possession and occupancy of the Property to the Buyer at Closing. The Seller shall provide access to all locks, including keys, remote controls, and any security/access codes, necessary to operate all locks, mailboxes, and security systems.

  • NUMBER OF OCCUPANTS Tenant agrees that the House shall be occupied by no more than [Total Number of Occupants] persons, including no more than [Maximum Number of Children] under the age of eighteen (18) years, without the prior written consent of Landlord.

  • Certificates of Occupancy To the extent the same are in Seller’s possession, original or photocopies of certificates of occupancy for all space within the Improvements located on the Property;

  • Landlord’s Work (a) For purposes of this lease, "Landlord's Work" means, collectively, the alterations and improvements to the demised premises to be constructed and/or installed by Landlord in accordance with the terms and conditions of this lease, as more particularly described in Exhibit ________ attached to and hereby made a part of this lease. Landlord shall use commercially reasonable efforts to "Substantially Complete" the Landlord's Work not later than ________, 20________ (the "Substantial Completion Target Date"). For purposes of this lease, Landlord's Work shall be deemed to be "Substantially Complete" as of the date on which the general contractor or the architect employed by Landlord with respect to the construction and/or installation of Landlord's Work shall certify in writing to Landlord that: (i) Landlord's Work has been substantially completed in all material respects substantially in accordance with the approved plans and specifications therefor, if any; and (ii) a temporary or permanent certificate of occupancy has been issued by the governmental authority having jurisdiction with respect to Landlord's Work or the governmental authority having jurisdiction with respect to Landlord's Work has otherwise evidenced its approval of Landlord's Work. Landlord shall have no liability whatsoever to Tenant in the event that Landlord shall fail for any reason whatsoever to Substantially Complete Landlord's Work on or before the Substantial Completion Target Date (including, without limitation, for any damages that Tenant may suffer as a result thereof or in connection therewith); provided, however, in such event, Landlord shall use commercially reasonable efforts to Substantially Complete Landlord's Work as soon as possible thereafter. Landlord shall use commercially reasonable efforts to complete any portions or aspects of Landlord's Work which shall be incomplete as of the date of Substantial Completion of Landlord's Work as soon as possible thereafter. Notwithstanding anything to the contrary set forth elsewhere in this lease, Tenant hereby acknowledges and agrees that the construction and/or installation of Landlord's Work by Landlord shall not be deemed in any way to constitute a condition precedent to the occurrence of the Commencement Date (as such date is set forth in Paragraph 1.3 of this lease) or to the effectiveness of any of the agreements or obligations of Tenant set forth in this lease with respect to the demised premises (including, without limitation, the commencement of the obligation to pay Rent by Tenant as of the Commencement Date).

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