Common use of Late availability Clause in Contracts

Late availability. If the leased space is not available on the agreed commencement date of the lease due to the fact that the leased space is not ready on time, the previous lessee has not vacated the leased space on time or the lessor has not yet obtained the statutory licences, the lessee will not owe rent or the amounts for additional supplies and services until the date on which the leased space is made available, and its other obligations and the agreed terms will be postponed accordingly. The date of the rent indexation will remains unaltered.

Late availability. If the leased space is not available on the agreed commencement date of the lease due to the fact that the leased space is not ready on timein time — other than as a result of the lessee’s wishes —, the previous lessee has not vacated the leased space on in time or the lessor has not yet obtained the statutory licences, the lessee will not owe rent or the amounts for additional supplies and services until the date on which the leased space is made available, and its other obligations and the agreed terms will be postponed accordingly. The date of the rent indexation will remains is unaltered.