4A Expansion Date definition
Examples of 4A Expansion Date in a sentence
Lessee has inspected the 4A Additional Premises and, subject to Lessor’s completion of the 4A Lessor Work, agrees to accept it on the 4A Expansion Date in its “AS IS, WHERE IS” condition.
In the event that the 4A Expansion Date Conditions have not been completed by the [***] Information has been omitted and submitted separately to the Securities and Exchange Commission.
The term “4A Expansion Date Conditions” shall mean and refer to the occurrence of the following: (i) Lessor has completed the 4A Lessor Work; and (ii) Lessor has delivered the 4A Additional Premises to Lessee by virtue of having provided a written notice to Lessee of same, which shall (a) memorialize Lessor’s delivery of the 4A Additional Premises to Lessee, and (b) confirm the actual 4A Expansion Date (the “4A Expansion Date Notice”).
The foregoing notwithstanding, Lessor and Lessee agree that Lessor’s post-4A Expansion Date obligations hereunder shall, in such event, be deemed to have commenced as of the actual date that the 4A Expansion Date Notice is delivered to Lessee.
Notwithstanding anything in the Lease to the contrary, Lessor and Lessee agree that the Term of the Lease, as it relates to tile 4A Additional Premises only, shall be for a period of sixty (60) full calendar months (the “4A Term”), commencing on 4A Expansion Date, and expiring on the last day of the sixtieth (60th) full calendar month thereafter.
The term “4A Expansion Date” shall, subject to the terms of this Section, mean and refer to the date upon which Lessor has completed the 4A Expansion Date Conditions.
Prior to the 4A Expansion Date, Lessor agrees to cause the completion of the 4A Lessor Work (as defined on Exhibit “B-4A”, attached hereto).
Target 4A Expansion Date, subject to extension by virtue of delays caused by Lessee or force majeure events, Lessor shall not be deemed in default hereunder, and the 4A Expansion Date shall be postponed, as Lessee’s sole and exclusive remedy, until the date on which the 4A Expansion Date Conditions have occurred.
Upon the 4A Expansion Date and throughout the remainder of the 4A Term (define below), the term “Premises” as used in the Lease and herein, shall include the 4A Additional Premises, unless specifically stated otherwise.
Effective as of the 4A Expansion Date, the Basic Capacity for the 4A Additional Premises shall be [***]kW of critical AC electrical capacity.