Premises Preparation Sample Clauses
Premises Preparation. During the Premises Preparation Period, the Tenant shall have possession of the Premises for purposes of completing its leasehold improvements, moving its business and its Trade Fixtures into the Premises without being required to pay Minimum Rent or Operating Costs to the Landlord. Notwithstanding that the Tenant is not obliged to pay Rent during the Premises Preparation Period, the Tenant shall in all other respects be in possession of the Premises pursuant to and comply with the terms and conditions of this Lease, including, without limitation, the Tenant's insurance obligations hereunder.
Premises Preparation. All Works required by the Franchisor to be undertaken to the Premises must be carried out and completed by the Master Franchisee prior to commencing the Business. The Master Franchisee must, at its own cost, obtain all necessary permits, consents, licenses and authorisations from all relevant Authorities which are required before carrying out the Works. The Premises must comply with the requirements of any Authority.
Premises Preparation. 1.1.1 LANDLORD does hereby lease to TENANT and TENANT hereby leases from LANDLORD, that certain office space commonly known as Suite 550, as indicated on Exhibit "A" attached and by this reference made a part hereof (herein called "Premises"), said Premises being agreed, for the purpose of this Lease, to have a net useable area of 2,993 square feet and a net rentable area of 3,521 square feet and being situated on the 5th floor of that certain building known as Towers Phase II 6 story office building at 1042▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ (▇▇reinafter referred to as the "Building.") Net rentable area is defined as the net useable area plus a 15% building load factor for common areas and is calculated by dividing the net useable area by .
Premises Preparation