Outside Termination Date. 8.1(b) Parent..................................................................
Outside Termination Date. Section 10.01(d) of the Merger Agreement is hereby amended by deleting Section 10.01(d) in its entirety and by insertion, in lieu thereof, of the following:
Outside Termination Date. Notwithstanding the foregoing, in the event Sublandlord fails, as result of occurrences other than a Subtenant default hereunder or Force Majeure Events, to deliver all Buildings comprising the Demised Premises to Subtenant on or before December 31, 2005 (the “Outside Termination Date”), then Subtenant may terminate this Sublease by providing written notice thereof to Sublandlord within ten (10) days after the Outside Termination Date; provided, however, notwithstanding any other provision to the contrary in this Sublease or the Prime Lease, upon any such termination of this Sublease pursuant to this Section 3, all Initial Improvements and other Alterations made by or for Subtenant in the Demised Premises prior to the effective date of such termination (collectively, the “Build-Out Improvements”) shall, unless Sublandlord provides Subtenant written notice otherwise, become the property of Sublandlord and Subtenant shall neither have an obligation nor a right to remove any of the Build-Out Improvements upon such termination of this Sublease. In addition, Subtenant shall assign any and all contracts for the design or construction of the Build-Out Improvements and for engineering or construction management services relating thereto (collectively, the “Build-Out Contracts”), to the extent assignable, to Sublandlord, along with any and all plans, specifications, designs, drawings, reports, and other work product produced in connection with any such contracts (collectively, the “Build-Out Work Product”). In connection with the foregoing, Subtenant shall use good-faith, diligent efforts to obtain a right to freely assign each of the Build-Out Contracts and all Build-Out Work Product pursuant to the terms of such contracts. Immediately prior to any termination of this Sublease pursuant to this Section 3, and as a condition precedent to the effectiveness of such termination, Subtenant agrees to deliver to Sublandlord originals of all fully-executed Build-Out Contracts and of all Build-Out Work Product and to assign, to the extent assignable, all such Build-Out Contracts and Build-Out Work Product to Sublandlord as of the effective date of such termination.
Outside Termination Date. If for any reason (including Force Majeure Events) Substantial Completion of the Base Building Work does not occur by the Limitation Date (as defined below), then, in addition to Liquidated Damages and the right to specific performance (but excluding all other rights and remedies available to Tenant at law or in equity or otherwise under this Lease), Tenant shall have the right, at any time after the Limitation Date, but prior to the date upon which Substantial Completion of the Base Building Work occurs, to terminate the Lease by serving written notice to Landlord, in which event the Lease shall terminate and be deemed null and void. The failure of Tenant to exercise its right of termination hereunder shall not relieve Landlord of its obligation to cause the Substantial Completion of the Base Building Work to occur or be deemed a waiver of the other remedies available to Tenant under this Workletter (i.e., the Liquidated Damages and specific performance). For purposes hereof, the term "Limitation Date" shall mean October 31, 2000; provided, however, that the Limitation Date shall be postponed by one day for each Tenant Late Day that occurs prior to the Substantial Completion of the Base Building Work.
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Outside Termination Date. Notwithstanding the foregoing, in the event Mercury fails, as a result of occurrences other than a Reliant default hereunder or Force Majeure Events, to deliver (i) all of the Consents (as defined in Section 28.a. below, but subject to the provisions of Section 28.b below) and (ii) the Subleased Premises to Reliant within sixty (60) days following the date of this Sub-Sublease (the “Outside Termination Date”), then Reliant, or Mercury may terminate this Sub-Sublease by providing written notice thereof to the other within ten (10) days after the Outside Termination Date, in which case this Sub-Sublease shall terminate on the day following the last day of the ten (10 day notice period (unless Mercury delivers the Subleased Premises to Reliant during such ten (10) day period, in which case this Sub-Sublease shall remain in full force and effect), neither party shall have any further rights or obligations hereunder (subject, however, to Reliant’s obligations and Mercury’s right pursuant to Section 28.b below regarding removal of Initial Improvements and/or restoration of the Subleased Premises, if applicable), and Mercury shall return to Reliant all sums paid by Reliant to Mercury in connection with Reliant’s execution hereof. The return of all sums paid by Reliant to Mercury shall be Reliant’s sole and exclusive remedy in the event of a termination pursuant to this Section.
Outside Termination Date. Notwithstanding anything to the contrary in this Lease, in no event may the Term extend beyond December 31, 2023 (the “Outside Termination Date”). No cause whatsoever, including delay in construction, delay or non-issuance of permits, delay or non-occurrence of the Commencement Date, delay resulting from litigation or force majeure, or any other cause of any nature, shall operate to extend the Outside Termination Date.
Outside Termination Date. If by September 1, 2021, the City has not issued all permits necessary for Facebook’s general contractor to commence demolition and construct the Project, then Facebook shall have the right to terminate this Agreement. If this Agreement is terminated pursuant to this Section 8.4, Facebook will have no further obligations to the City with respect to the development of the Project and will not be liable for any damages to the City. 8.5
Outside Termination Date. 52 Permits:......................................................................27 Person:.......................................................................12
Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 3, 2018.
