Phase 2 Premises Sample Clauses

Phase 2 Premises. Subject to Section 4.2(a), Tenant shall pay to Landlord as Base Rent for the Phase 2 Premises, commencing on the third (3rd) monthly anniversary of the Phase 2 Commencement Date (the “Phase 2 Rent Commencement Date”), the sums set forth in Section 2.3. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, each in advance on the first day of each and every calendar month during the Term, commencing on the Phase 2 Rent Commencement Date.

Phase 2 Premises. Upon written notice from Sublessee to American, but in any event not later than June 15, 1995 ("Phase 2 Premises Commencement Date"), Sublessee shall sublease and take from American, and American shall sublease to Sublessee, a total of not less than five (5) additional gates and six (6) additional ticket counter positions, both gates and ticket counter positions to be contiguous to the Initial Premises, together with (i) operations and offices space in accordance with the rules and agreements on Exhibit D attached hereto, (ii) such baggage make-up space as shall be mutually agreed by the parties based upon both parties' operational needs at the time in question, and (iii) the Fixtures (hereinafter defined) and Miscellaneous Personal Property (hereinafter defined) associated with such space, such sublease to commence on the Phase 2 Premises Commencement Date but otherwise on the terms and conditions set forth in this Sublease. Such space is herein referred to as the "Phase 2 Premises". Sublessee and American will execute an amendment to this Sublease effective as of the Phase 2 Premises Commencement Date which will amend and restate the original Exhibit A to this Sublease such that the Initial Premises and the Phase 2 Premises are described therein. If there shall have occurred and be continuing on the Phase 2 Premises Commencement Date an Event of Default by Sublessee under this Sublease, American may, at its option, refuse to sublease to Sublessee the Phase 2 Premises, until and unless the breach giving rise to such Event of Default has been timely cured in accordance with this Sublease.

Phase 2 Premises. (a) Landlord shall use commercially reasonable efforts to tender possession of the Phase 2 Premises to Tenant on the Estimated Phase 2 Commencement Date, with the work required of Landlord described in Exhibit B-2, attached hereto (“Landlord’s Phase 2 Work”) Substantially Complete (as defined below). Tenant agrees that in the event Landlord’s Phase 2 Work is not Substantially Complete on or before the Estimated Phase 2 Commencement Date for any reason and Tenant has not occupied the Phase 2 Premises such that the Phase 2 Commencement Date (as defined below) has occurred in accordance with Subsection 4.2(b)(z), then (x) this Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) Tenant shall not be responsible for the payment of any Base Rent or Tenant’s Pro Rata Share of Operating Expenses (as defined below) until the actual Phase 2 Commencement Date as described in Subsection 4.1(b) occurs; provided, however that in the event Landlord’s Phase 2 Work is not Substantially Complete on or before the Estimated Phase 2 Commencement Date due to Landlord Delay and Tenant has not occupied the Phase 2 Premises such that the Phase 2 Commencement Date (as defined below) has occurred in accordance with Subsection 4.2(b)(z), then Tenant shall be entitled to one (1) day of free Base Rent with respect to the Phase 2 Premises from and after the Phase 2 Rent Commencement Date for every two (2) days of Landlord Delay.

Phase 2 Premises. Tenant's rental of the Phase 2 Premises shall commence on the "Phase 2 Commencement Date" (as herein defined) and shall continue for the remainder of the Term as defined in Section 2.1 hereof. As used in this Lease, the term "Phase 2 Commencement Date", as advanced or postponed pursuant to the terms hereof, shall be defined as the earlier to occur of (a) the commencement of the nineteenth (19th) calendar month of the Term; (b) the date on which Tenant takes possession and occupancy of the Phase 2 Premises, or (c) the date which is fifteen (15) days following that date which is the first on which all of the following events have occurred, namely (i) the Phase 2 Premises is "substantially completed", as defined in Section 2.2.1 following, (ii) Landlord has given Tenant written notice that the Premises are "substantially completed", and (iii) the "Phase 2 Target Date" as defined in Section 2.2.1 following has arrived. Tenant, at its sole risk, shall be permitted by Landlord to enter the Phase 2 Premises prior to the Phase 2 Commencement Date solely for the purpose of installing Tenant's fixtures and equipment, provided that (a) Tenant shall in each instance coordinate its entry and installation of equipment in the Phase 2 Premises in advance of Tenant's entry, and (b) Tenant's activities shall be conducted so as not to unreasonably interfere with Landlord's Phase 2 Work (as hereinafter defined.)

Phase 2 Premises. The term "Phase 2 Premises" [as defined in Section 4(b) of the Lease] shall be deemed to include the Expansion Premises. Until the "Phase 2 Commencement Date" [as defined in Section 4(b) of the Lease] has occurred, Base Monthly Rent with respect to the Expansion Premises shall be determined based upon (a) a rate of Twelve and 75/100 Dollars ($12.75) per rentable square feet of area contained within the lower level of the Adjacent Building, and (b) a rate of Twenty-Three and 00/100 Dollars ($23.00) per rentable square foot of area contained within the first and second floors of the Adjacent Building.

Phase 2 Premises. (a) In the event Tenant elects to occupy the Phase 2 Premises before the Phase 2 Estimated Delivery Date, then Tenant shall deliver to Landlord at least five (5) business days before the date Tenant elects to occupy the Phase 2 Premises a written notice setting forth the date Tenant intends to occupy the Phase 2 Premises (collectively, the “Phase 2 Commencement Date Notice”). (b) Landlord shall tender possession of the Phase 2 Premises to Tenant upon the Phase 2