Common use of Taking Possession Clause in Contracts

Taking Possession. Lessor shall not be liable to Lessee for failure to deliver possession of Premises at the commencement of the term of this Lease, but Lessor shall use Lessor's best efforts to give Lessee timely possession of Premises. If Lessor's failure to deliver possession is caused by any prior tenant holding over, Lessor agrees to use all customary means to oust the prior tenant. If Lessor is not able to deliver possession of the Premises within 30 days after the beginning of the term of this Lease, then Lessee may elect to terminate this Lease by notifying the Lessor of such election in writing. If Lessee elects to terminate this Lease as provided in this paragraph, then Lessor agrees to return any rental and security deposit paid by Lessee. During any period of delay in delivering the Premises rent will be abated on a daily basis.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Taking Possession. Lessor shall not be liable to Lessee for failure to deliver possession of Premises at the commencement of the term of this Lease, but Lessor shall use Lessor's best efforts to give Lessee timely possession of Premises. If Lessor▇▇▇▇▇▇'s failure to deliver possession is caused by any prior tenant holding over, Lessor ▇▇▇▇▇▇ agrees to use all customary means to oust the prior tenant. If Lessor ▇▇▇▇▇▇ is not able to deliver possession of the Premises within 30 days after the beginning of the term of this Lease, then Lessee may elect to terminate this Lease by notifying the Lessor of such election in writing. If Lessee ▇▇▇▇▇▇ elects to terminate this Lease as provided in this paragraph, then Lessor ▇▇▇▇▇▇ agrees to return any rental and security deposit paid by Lessee▇▇▇▇▇▇. During any period of delay in delivering the Premises rent will be abated on a daily basis.

Appears in 1 contract

Sources: Lease Agreement