TERM; COMPLETION OF IMPROVEMENTS Sample Clauses
The 'TERM; COMPLETION OF IMPROVEMENTS' clause defines the duration of the agreement and sets requirements for finishing any specified improvements to the property or project. Typically, it outlines the start and end dates of the contract and details the timeline or milestones for completing construction, renovations, or other enhancements. This clause ensures that both parties are clear on when obligations begin and end, and it provides a framework for monitoring progress, thereby reducing disputes over delays or incomplete work.
TERM; COMPLETION OF IMPROVEMENTS. The term ("Term") of this Lease shall be for 36 months and is tentatively scheduled to commence on July 1, 1996 ("Target Commencement Date"). The Target Commencement Date is based upon the lease commencing five (5) business days after lease execution. If Landlord, for any reason whatsoever, cannot deliver possession of the Premises to Tenant on the Target Commencement Date, this Lease shall not be voidable, nor shall Landlord or its agents be liable to Tenant for any loss or damage resulting therefrom; however, if Landlord is unable for any reason to deliver the Premises to Tenant by the date which is five (5) business days after execution of this Lease, then Tenant may terminate this Lease by written notice to Landlord given within five (5) business days after the end of said five (5) business day period and upon such termination, Landlord shall refund to Tenant all funds paid to or deposited with Landlord by Tenant under this Lease. Tenant is leasing the Premises in its current "as is" condition except that Landlord shall provide building standard window coverings (currently in the Premises) and Landlord shall steam clean the existing carpet prior to Tenant's occupancy thereof and, within five (5) business days after the Commencement Date, Tenant may deliver a written punch list to Landlord listing defective light fixtures and electrical outlets, and provided such a punch-list is timely provided to Landlord, then Landlord shall use reasonable efforts to replace the defective fixtures or outlets with Building standard fixtures and outlets as soon as reasonably possible. Promptly after Landlord tenders possession of the Premises to Tenant, Tenant shall promptly and diligently install its trade fixtures and equipment in the Premises. The Term shall commence on the later of the date that is five (5) business days after lease execution, or the date on which Landlord delivers possession of the Premises to Tenant ("Commencement Date"). The Commencement Date shall be confirmed in writing by the parties in the form set forth in EXHIBIT "C" attached hereto promptly after the Commencement Date, and such written confirmation shall be attached hereto. Landlord shall clean the Premises, per Building standards, prior to and immediately after Tenant takes occupancy.
TERM; COMPLETION OF IMPROVEMENTS. 1 3. Rental........................................................ 2 4. Use........................................................... 7 5.
TERM; COMPLETION OF IMPROVEMENTS. The term of this Lease shall commence and, unless terminated as hereinafter provided, shall end on the dates respectively specified In the Basic Lease Information. If Landlord, for any reason whatsoever, cannot deliver possession of the Premises to Tenant at the commencement of said term, as above specified, this Lease shall not be void or voidable, nor shall Landlord be liable to Tenant for any loss or damage resulting therefrom, but in that event, subject to any contrary provisions In "Exhibit B" attached hereto, rental shall be waived for the period between the commencement of said term and the time when Landlord can deliver possession.
TERM; COMPLETION OF IMPROVEMENTS