Rent Commencement Date; Late Opening Charges; Prepayments Sample Clauses

Rent Commencement Date; Late Opening Charges; Prepayments. (a) The Rent Commencement Date is the earlier of the date on which the Permittee’s Work in the Concession Unit, as described in Section 1(2) of Attachment “A” to this Permit, is substantially complete and Permittee opens for business therein, or the Latest Opening Date for the Concession Unit, as set forth on attached Exhibit “5” (the “Latest Opening Date”). After the Rent Commencement Date has occurred, Permittee shall, promptly after Port’s written request, execute and return to the Port a written acknowledgment of the Rent Commencement Date.
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Rent Commencement Date; Late Opening Charges; Prepayments. 4 Paragraph E.4 Remitting Payments. 5 PARAGRAPH F. PERFORMANCE DEPOSIT 5 PARAGRAPH G. INSURANCE REQUIREMENTS 5 PARAGRAPH H. RELOCATION, EXPANSION, CONTRACTION; FUTURE TERMINAL BUILDING ADDITIONS. 7 Paragraph H.1 Relocation, Expansion, Contraction. 7 Paragraph H.2 Future Terminal Buildings Additions. 8 PARAGRAPH I. OPERATION OF CONCESSION UNIT. 9 TABLE OF CONTENTS (cont’d) Page Paragraph I.1 Management. 9 Paragraph I.2 Personnel. 9 Paragraph I.3 Quality of Products and Services. 10 Paragraph I.4 Franchise Standards. 11 Paragraph I.5 Reports and Surveys. 11
Sample 1
Rent Commencement Date; Late Opening Charges; Prepayments. (a) The Rent Commencement Date for each Concession Unit is the earlier of (i) the date on which the Permittee’s Work in that Concession Unit, as described in Section 1(2) of Attachment “A” to this Permit, is substantially complete and Permittee opens for business therein, or (ii) January 1, 2020. After the Rent Commencement Date for a Concession Unit has occurred, Permittee shall, promptly after Port’s written request, execute and return to the Port a written acknowledgment of the Rent Commencement Date for that Concession Unit. The Minimum Annual Guaranty, and payments into the Marketing Fund and Refurbishment Fund, for a Concession Unit begins on the Rent Commencement Date for such Concession Unit. Payment of Percentage Fees begins on the Commencement Date.
Sample 1
Rent Commencement Date; Late Opening Charges; Prepayments. 4 Paragraph E.4 Remitting Payments. 5 PARAGRAPH F. PERFORMANCE DEPOSIT. 5 PARAGRAPH G. INSURANCE REQUIREMENTS. 5 PARAGRAPH H. RELOCATION, EXPANSION, CONTRACTION; FUTURE TERMINAL BUILDING ADDITIONS. 7 Paragraph H.1 Relocation, Expansion, Contraction. 7 Paragraph H.2 Future Terminal Buildings Additions. 9 PARAGRAPH I. OPERATION OF CONCESSION UNIT. 9 TABLE OF CONTENTS (cont’d) Page Paragraph I.1 Management. 9 Paragraph I.2 Personnel. 9 Paragraph I.3 Quality of Products and Services. 10 Paragraph I.4 Advertising Contents. 11 Paragraph I.5 [Intentionally Omitted.] 1312 Paragraph I.6 Reports and Surveys. 0000 Xxxxxxxxx I.7 [Intentionally Omitted.] 13 Paragraph I.8 [Intentionally Omitted.] 13 Paragraph I.9 Public Address System. 13 Paragraph I.10 [Intentionally Omitted.] 13 PARAGRAPH J. [INTENTIONALLY OMITTED.] 13 PARAGRAPH K. ADMINISTRATIVE FEES. 13 PARAGRAPH L. PERMITTEE’S DUE DILIGENCE; NO REPRESENTATIONS OR WARRANTIES BY PORT. 14 PARAGRAPH M. PERMITTEE’S PROPOSAL. 14 PARAGRAPH N. COMPLIANCE WITH PORT AND DEPARTMENT OF TRANSPORTATION (DOT) NON-DISCRIMINATION IN CONTRACTING REQUIREMENTS. 14 PARAGRAPH O. ADDITIONAL TERMS AND CONDITIONS. 15 PARAGRAPH P. AMENDMENTS. 15 PARAGRAPH Q. WAIVER OF JURY TRIAL. 16 ATTACHMENT "A" OTHER TERMS AND CONDITIONS OF SPACE/USE PERMIT 1
Sample 1

Related to Rent Commencement Date; Late Opening Charges; Prepayments

  • Base Monthly Rent Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to Landlord the Base Monthly Rent set forth in Section K of the Summary.

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans: the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Construction Phase Payments 10.3.1 Payments for Construction Phase Services shall be made as provided for in the UGSC and Owner’s Specifications. All payment requests shall be submitted through e- Builder® with a Schedule of Values and include all required attachments. Payment for approved Change Orders shall be made as part of Contractor’s Application for Payment. Failure to submit a Prime Contractor Progress Assessment Report form with each Application for Payment will cause rejection of the application by Owner and its return to Contractor.

  • Lease Year Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Refinancing Preparation Advance; Capitalizing Front-end Fee and Interest (a) If the Loan Agreement provides for the repayment out of the proceeds of the Loan of an advance made by the Bank or the Association (“Preparation Advance”), the Bank shall, on behalf of such Loan Party, withdraw from the Loan Account on or after the Effective Date the amount required to repay the withdrawn and outstanding balance of the advance as at the date of such withdrawal from the Loan Account and to pay all accrued and unpaid charges, if any, on the advance as at such date. The Bank shall pay the amount so withdrawn to itself or the Association, as the case may be, and shall cancel the remaining unwithdrawn amount of the advance.”

  • Term Commencement Date The term of this Agreement shall commence on , 2020 (the “Commencement Date”) and, unless earlier terminated in accordance with the terms of this Agreement, shall end on June 30, 2055 (the “Term”).

  • Extension Term (a) Tenant shall have the right to extend the Term for all of the Premises for one extension term of 5 years (the "Extension Term") which shall commence on the day following the expiration of the initial Term and end on the fifth anniversary of the Expiration Date, unless the Extension Term shall sooner terminate pursuant to any of the terms of this Lease or otherwise. The Extension Term shall commence only if (i) Tenant shall have notified Landlord in writing of Tenant's exercise of such extension right not later than nine (9) months prior to the Expiration Date, (ii) at the time of the exercise of such right and immediately prior to the Expiration Date, no event of Default shall have occurred and be continuing hereunder, and (iii) Tenant and/or Related Entities shall be in occupancy of at least 80 percent of the Premises at the time such notice is given. Time is of the essence with respect to the giving of the notice of Tenant's exercise of the extension option. The Extension Term shall be upon all of the agreements, terms, covenants and conditions hereof binding upon Tenant, except that (x) the Fixed Rent (as defined in Article 1) shall be determined as provided in Section 2.2(b), (y) Tenant shall have no further right to renew the Term and (z) Landlord shall have no obligation to provide any work or contribution to improve the Premises for Tenant's use. Upon the commencement of the Extension Term, (A) the Extension Term shall be added to and become part of the Term (but shall not be

  • Lease Payments No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of Business.

  • Prepayment Fees Borrower agrees to pay to each [New Term Loan Lender] the following prepayment fees, if any: [ ]. [Insert other additional prepayment provisions with respect to New Term Loans]

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

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