Premises Deadline Date Sample Clauses

Premises Deadline Date. Notwithstanding any provision herein to the contrary, if for any reason other than delay caused by Tenant, the Landlord is unable to deliver possession of the Phase 1 Premises to Tenant by July 1, 1997 (the "Phase 1 Premises Deadline Date"), then Landlord or Tenant each in their sole and absolute discretion, may terminate this Lease by written notice to the other given within ten (10) days of the Phase 1 Premises Deadline Date whereupon the rights and obligations of the parties hereunder shall cease and terminate without need for the execution of any further or other instrument and Landlord shall promptly return to Tenant the Advance Rent (hereafter defined); provided, however, if Landlord shall so request, Tenant shall execute an instrument, in recordable form, whereby Tenant releases and surrenders all right, title and interest which it may have in and to the Premises under this Lease or otherwise. If possession of the Phase 1 Premises is not delivered to Tenant by the Phase 1 Premises Deadline Date due to delay(s) caused by Tenant,