Term; Early Access Clause Samples
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Term; Early Access. (a) The initial term of this Lease (the “Initial Term”) shall commence on that date (the “Term Commencement Date”) which is the later to occur of (i) the Target Date, or (ii) the Substantial Completion Date. Notwithstanding the foregoing, and except as provided in paragraph (b) below, if Tenant’s personnel shall occupy all or any part of the Premises for the conduct of its business prior to the Term Commencement Date as determined pursuant to the preceding sentence, such date of occupancy shall, for all purposes of this Lease, be the Term Commencement Date. For the avoidance of doubt, Tenant personnel occupying the Premises for the purpose of installing and validating equipment and any other activities related to Tenant’s application for and receipt of medical device regulatory approvals shall not be considered conducting its business. This Lease shall expire, unless earlier terminated or extended in accordance with the terms hereof, at 11:59 p.m. on the day immediately preceding the seventh (7th) anniversary of the Rent Commencement Date (defined below), except that if the Rent Commencement Date is not the first day of a calendar month, then the Initial Term shall expire on the last day of the calendar month in which the seventh (7th) anniversary occurs. Promptly following Term Commencement Date, Landlord and Tenant shall enter into an agreement, in form and substance reasonably satisfactory to both parties, confirming the Term Commencement Date, the Rent Commencement Date and the expiration date of the Initial Term, provided, however, that failure to execute and deliver such agreement shall not affect the validity of the Term Commencement Date, the Rent Commencement Date or the expiration date of the Initial Term as herein set forth.
(b) If and when Landlord’s contractor has determined that such occupancy will not interfere with or delay any other work to be done by Landlord and will not delay the Substantial Completion Date, Landlord shall so notify Tenant and (provided Tenant has paid the first month’s rent and Security Deposit and delivered its insurance certificates) Tenant may have access to the Premises for the purpose of installing furniture, fixtures, equipment, telecommunications facilities and cabling and validating its equipment and machinery, and thereafter for the general conduct of Tenant’s business, provided that Tenant shall not be required to pay Basic Rent for the period prior to the Rent Commencement Date. Subject to the foregoing, Lan...
Term; Early Access a. The term of this Lease (the “Term”) shall commence on the later of the Target Commencement Date and the date that is two (2) weeks after the date that the Tenant Improvements are Substantially Completed or would have been completed but for delays caused by Tenant (the “Commencement Date”) and end on the Expiration Date, unless this Lease is sooner terminated pursuant to its terms. Landlord shall use reasonable efforts to deliver the Premises to Tenant with the Tenant Improvements Substantially Completed on or before the Target Commencement Date. If Landlord fails to timely deliver the Premises, Landlord shall not be liable to Tenant for any loss or damage resulting therefrom, and this Lease shall not be void or voidable. As used herein, (i) “Substantially Completed” shall mean the substantial completion of the Tenant Improvements in a good and workmanlike manner, in accordance with applicable laws, subject to normal punch list items of a non-material nature that do not interfere with the use of the Premises, and (ii) “Tenant Improvements” shall mean the improvements shown on the space plan attached to this Lease as Exhibit C-1 (“Space Plan”).
Term; Early Access. 1 3. RENT............................................................... 1 4. USE................................................................ 6 5. SERVICES........................................................... 6 6. UTILITIES.......................................................... 6 7.
Term; Early Access. (a) The term of this Lease shall commence on May 1, 2005 (the "Commencement Date") and end on September 30, 2011. Notwithstanding the foregoing, if the work to be performed by Landlord tinder paragraph 36(b) hereof is substantially completed prior to May 1, 2005, and Tenant occupies the Premises and commences business therein prior to May 1, 2005, then the Commencement Date shall be such earlier date on which both of the foregoing have occurred. The Commencement Date of this Lease and the obligation of Tenant to pay rent, additional rent and all other charges hereunder shall not be delayed or postponed by reason of any delay by Tenant in performing changes or alterations in the Premises to be perforated by Tenant.
(b) Tenant shall be entitled to have access to the Premises as of the earlier of February 7, 2005 or the date that Landlord notifies Tenant that the existing tenant of the Premises has terminated its lease with respect thereto, for the purpose of readying the Premises for its occupancy. All of the terms and conditions of this Lease shall apply to any such early occupancy period.
Term; Early Access. The term (the “Term”) of this Sublease shall be for the period commencing on the later of (a) May 1, 2001 or (b) the date of Master Landlord’s written consent to this Sublease (the “Sublease Commencement Date”) and ending December 10, 2003, unless this Sublease is sooner terminated pursuant to its terms or the Master Lease is sooner terminated for any reason (the “Expiration Date”). Subtenant shall have the right of access to the Subleased Premises during business hours, subject to all of the provisions of this Sublease other than payment of Rent (as defined in Paragraph 4(a) below), at any time between the date of Master Landlord’s written consent to this Sublease and the Sublease Commencement Date solely for the purposes of performing measurements and space planning, but not for any construction of alterations, provided that Subtenant shall give Sublandlord reasonable notice in advance of accessing the Subleased Premises and shall not interfere with the activities of Sublandlord within the Subleased Premises or the activities of any tenant or other occupant of the 501 Building.
Term; Early Access a. The Term shall commence on the Lease Commencement Date and expire on the Lease Expiration Date.
b. Tenant shall be entitled to early access to the Premises for the sole purpose of installing furniture, fixtures and equipment, including security cameras, in the Premises commencing on the mutual execution and delivery of this Lease (provided that Tenant has delivered to Landlord prepaid Base Rent and Estimated Expenses, the Security Deposit and the insurance certificates required under the “Rent”, “Security Deposit” and “Insurance” Sections below) and continuing until the Lease Commencement Date, provided that in no event shall Tenant conduct business from the Premises during such early access period. During such early access period, all terms, provisions and conditions of this Lease shall apply, except that Tenant shall not be required to pay Base Rent, Estimated Expenses or Tenant’s Share of Operating Expenses and Taxes for the Premises under this Lease during such early occupancy period. Early access to the Premises shall not advance the Lease Expiration Date of this Lease. Tenant shall coordinate such early access with Landlord and shall not interfere with the performance of any work or improvements by Landlord and its contractors and subcontractors, including the Landlord Work.
Term; Early Access. The term of this Lease (the “Term”) shall commence on that date (the “Term Commencement Date”) which is the later to occur of (i) January 1, 2009 or (ii) the day on which Landlord has delivered possession of the Premises to Tenant. This Lease shall expire, unless earlier terminated or extended in accordance with the terms hereof, at 11:59 p.m. on December 31, 2009. Each calendar year or portion thereof following the Term Commencement Date shall be defined as a “Lease Year.” At such time as Landlord has determined that the Premises are available for Tenant’s occupancy, and Tenant has paid the security deposit and delivered to Landlord certificates evidencing that Tenant is maintaining all insurance coverage required under this Lease, Landlord shall notify Tenant and Tenant shall have reasonable access to the Premises for the sole purpose of installing Tenant’s business furniture, fixtures and equipment. Subject to the foregoing, Landlord shall endeavor to provide such access on or before December 15, 2008 (the date on which such access is available is the “Early Access Date”). All conditions, covenants and requirement imposed on Tenant under this Lease (other than the requirement to pay Basic Rent) shall be in effect from and after the first day of such access.
Term; Early Access. A. Subject to the provisions of Section 21, the term shall expire on , 207_, which is fifty-five (55) years from the Effective Date, unless sooner terminated pursuant to this Lease (the “Term”).
B. The parties acknowledge that the Expansion Facility has not been built as of execution of this Lease. As described in the DDA, TMI shall have the right to enter the Expansion Facility prior to Acceptance, it being understood that such entry shall be pursuant to all of the terms and conditions of this Lease, including, without limitation, City’s and TMI’s respective indemnity and insurance obligations contained in Sections 15 and 17 below, but excluding TMI’s obligation to pay rent, additional rent or any other charges, such as utilities (as such rent, additional rent or any other charges are applicable to the Expansion Facility), from and after the date on which City has received from Developer access rights to the Expansion Facility, for the limited purposes (if any) described in the DDA, but TMI shall not have any right to possession of the Expansion Facility until Acceptance. TMI’s early access and entry into the Expansion Facility pursuant to this Section 3B shall not be deemed an Acceptance by TMI of the Expansion Facility under Section 2D above.
C. TMI shall have the right to perform, from and after Acceptance as defined above, initial tenant improvements (the “Initial Improvements”) within the Expansion Facility in accordance with Section 24 below, which Initial Improvements (together with any other work of construction, alteration, demolition, installation, or repair which is undertaken by TMI under this Lease) shall be undertaken in accordance with prevailing wage, additional construction-related insurance and other requirements. To the extent permitted under the DDA, TMI and City shall cooperate in coordinating the construction of the Initial Improvements with City’s delivery of the Expansion Facility to TMI in Warm Shell condition. TMI shall complete the Initial Improvements and installation of Exhibits, in phases, in accordance with the schedule set forth in Section 6E below.
Term; Early Access