Rent Holiday Sample Clauses

Rent Holiday. Provided Tenant is not then in default ------------ in the observance and performance of any of the terms, covenants and conditions of this Lease on Tenant's part to be observed and performed, Tenant shall be entitled to a conditional rent holiday and shall not be required to pay any portion of the Fixed Rent with respect to the period from the Commencement Date to and including the date thirty (30)__) days next following the Commencement Date but during such period of thirty (30) days Tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of this Lease on Tenant's part to be observed and performed, including, but not limited to, the provisions of Article 23 and Article 29. If at any time during the Demised Term Tenant shall be in default in the observance and performance of any of the terms, covenants and conditions of this Lease on Tenant's part to be observed and performed, then the total sum of the Fixed Rent and increases therein so conditionally excused by operation of the foregoing provisions of this Section shall become immediately due and payable by Tenant to Owner. If, as of the Expiration Date, Tenant shall not then be in default in the observance and performance of any of the terms, covenants and conditions of this Lease on Tenant's part to be observed and performed, Owner shall waive payment of all such Fixed Rent and increases therein so conditionally excused.
Sample 1
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Rent Holiday. Tenant is not obligated to pay Basic Monthly Rent or Tenant’s Pro Rata Share of Operating Expenses for the Premises (other than the vivarium) on account of the first 120 days after the Commencement Date of the Premises unless and until Tenant commits a default under this Lease (that is not cured within the applicable cure period). Similarly, Tenant is not obligated to pay Basic Monthly Rent or Tenant’s Pro Rata Share of Operating Expenses for the vivarium space on account of the first 120 days after the Commencement Date for the vivarium as determined in accordance with Section 2.3 unless and until Tenant commits a default under this Lease (that is not cured within the applicable cure period).
Sample 1Sample 2
Rent Holiday. Provided Tenant is not then in default in the observance and performance of any of the terms, covenants and conditions of this Lease on Tenant's part to be observed and performed, Tenant shall be entitled to a rent holiday and shall not be required to pay any portion of the Fixed Rent with respect to the period (the "Rent Holiday Period") from the Commencement Date to and including the date one hundred fifty (150) days next following the Commencement Date but, during such period of one hundred fifty (150) days, Tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of this Lease on Tenant's part to be observed and performed, including, but not limited to, the payment of all sums payable pursuant to the provisions of Article 23 and Article 29. The date next following the expiration of the Rent Holiday Period is referred to as the "Rent Commencement Date".
Sample 1
Rent Holiday. Tenant shall be entitled to a rent holiday and shall not be required to pay any portion of the Fixed Rent with respect to the period from the October 1, 1997 to and including November 30, 1997 applicable solely to the original Demised Premises as opposed to any additional space leased by Tenant pursuant to the provisions of Articles 39, 42, 43, 44 and 45 hereof, but during such period Tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of this Lease on Tenant's part to be observed and performed, including, but not limited to, the obligation to make all payments pursuant to the provisions of Article 23 and Article 29.
Sample 1
Rent Holiday. Notwithstanding anything to the contrary contained in the Lease, Tenant shall not be required to pay any portion of the Fixed Rent applicable to the Additional Space leased to Tenant hereunder, or increases therein pursuant to Article 23, with respect to the period (the “Rent Holiday Period”) from the Additional Space Commencement Date to and including the date one hundred eighty (180) days next following the Additional Space Commencement Date but, during such period of one hundred eighty (180 ) days Tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of the Lease on Tenant’s part to be observed and performed. The date next following the expiration of the Rent Holiday Period is referred to as the “Rent Commencement Date”.
Sample 1
Rent Holiday. Notwithstanding anything to the contrary ------------ contained in the Lease, Tenant shall not be required to pay any portion of the Fixed Rent, or increases therein pursuant to Article 23, with respect to the period (the "Rent Holiday Period") from the Commencement Date to and including ------------------- the date one hundred eighty (180) days next following the Commencement Date but during such period of one hundred eighty (180 ) days Tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of this Lease on Tenant's part to be observed and performed. The date next following the expiration of the Rent Holiday Period is referred to as the "Rent Commencement ----------------- Date". ----
Sample 1
Rent Holiday. Provided Tenant is not then in default under any of the terms, covenants or conditions of this Lease on Tenant's part to be observed or performed beyond the applicable grace period provided for the curing of such default, Tenant shall not be required to pay any Fixed Rent for the period from the later to occur of (i) December 1, 2003 or (ii) the Commencement Date to and including the date which is three hundred (300) days next following the later to occur of (i) December 1, 2003 or (ii) the Commencement Date, but, during such period of three hundred (300) days, Tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of this Lease on Tenant's part to be observed or performed. The date next following the expiration of the Rent Holiday is the "Rent Commencement Date".
Sample 1
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Rent Holiday. If the Commencement Date shall occur prior to March 1, 1996, then Tenant shall be entitled to a rent holiday and shall not be required to pay any portion of the Fixed Rent and any increases therein pursuant to the provisions of Articles 23 and 29 with respect to the period from the Commencement Date to and including February 29, 1996, but during such period Tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of this Lease on Tenant's part to be observed and performed.
Sample 1
Rent Holiday. Notwithstanding any other provisions contained in ------------ this lease, TENANT'S obligations to commence payments of rent shall not commence until February 8, 2002 ("rent commencement date"). TENANT shall pay to LANDLORD upon such rent commencement date the proportionate amount of rent due for the balance of such month.
Sample 1

Related to Rent Holiday

  • Legal Holiday If the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

  • Legal Holidays In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

  • HOLIDAY 6.1 The Executive shall be entitled during the Employment to 30 working days holiday in each calendar year plus bank holidays. Holiday may only be taken at such time or times as the Chief Executive Officer shall approve. The Executive’s holiday entitlement shall be pro rated for the year in which the Employment begins and for the year in which the Employment ends.

  • Saturdays, Sundays, Holidays If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall be a Saturday or a Sunday or shall be a legal holiday in the State of New York, then such action may be taken or such right may be exercised on the next succeeding day not a legal holiday.

  • Saturdays, Sundays, Holidays, etc If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next succeeding Business Day.

  • Saturdays, Sundays and Holidays If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall be a Saturday, Sunday or U.S. federal holiday, then such action may be taken or such right may be exercised on the next succeeding day that is not a Saturday, Sunday or U.S. federal holiday.

  • Payments Due on Saturdays, Sundays and Holidays If the date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto or the date fixed for redemption or repayment of any such Security or Coupon shall not be a Business Day, then payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date.

  • Day A period commencing at 10:00 a.m., Eastern Standard Time, on a calendar day and ending at 10:00 a.m., Eastern Standard Time, on the next succeeding calendar day. Daily shall have the correlative meaning.

  • Vacation; Holidays The Executive shall be entitled to all public holidays observed by the Company and vacation days in accordance with the applicable vacation policies for senior executives of the Company, which shall be taken at a reasonable time or times.

  • Payments Due on Legal Holidays In any case where the date of maturity of interest on or principal of and premium, if any, on the Debt Securities of a series or the date fixed for redemption or repayment of any Debt Security or the making of any sinking fund payment shall not be a Business Day at any Place of Payment for the Debt Securities of such series, then payment of interest or principal and premium, if any, or the making of such sinking fund payment need not be made on such date at such Place of Payment, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date. If a record date is not a Business Day, the record date shall not be affected.

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