POSSESSION DATES. Possession is not authorized before closing and shall be given subject to any existing lease(s). See Terms and Conditions of Sale (“Exhibit A”) for any additional requirements.
POSSESSION DATES. Actual possession by Buyer, and transfer of title and risk of loss of the Transferred Liabilities and Buyer’s assumption of the Assumed Contracts (if any), shall be deemed to occur effective as of 12:01 a.m. on the first day after the First Phase Closing Date, unless otherwise agreed by the parties in writing (the “First Phase Possession Date”). The actual possession by Buyer, and transfer of title and risk of loss of the Transferred Assets shall be deemed to occur effective as of the Second Phase Closing Date and the execution of the Share Exchange Agreement between the Seller and a third party operating company (the “Second Phase Possession Date.”
POSSESSION DATES. Lessee currently is a tenant at 000 Xxxxx Xxxxxx and shall continue operation as a County Office. Lessee shall be obligated to continue to pay rent as set forth in Section 3 of this Lease Agreement, which shall have an effective start date of October 1,2009, subject to Board approval. Commencement of the Tenant Improvements shall start as soon as possible upon execution of this Lease. The Improvements are expected to take approximately 75 days before completion, inspection, and signoff. Xxxxxx shall surrender possession of the Premises to Lessor on the last day of September, 20 19. Xxxxxx and Xxxxxx acknowledge it may be impossible to set the Signoff Date precisely until after the Lease is executed.
