Additional Space Rent Commencement Date definition

Additional Space Rent Commencement Date means the earlier of (a) the date Tenant commences use of any portion of the Additional Space for other than construction, fixturing, or stocking activities, or (b) May 1, 2013.
Sample 1
Additional Space Rent Commencement Date in respect of the Additional Space shall be deemed to mean the date which is the one (1) year anniversary of the date of this First Amendment.
Sample 1
Additional Space Rent Commencement Date means the date on which Sublessor provides written notice to Sublessee stating that (i) the systems serving the Additional Space are operational, (ii) Sublessor has fulfilled its obligations pursuant to the first sentence of Section 5 of this Amendment, and (iii) a copy of a certificate of occupancy with respect to the Additional Space is attached thereto. Sublessee shall be responsible for all Additional Rent associated with the Additional space beginning on the Additional Space Rent Commencement Date. For purposes of Sections 3(e) and 3(f) of the Sublease, Sublessee’s Proportionate Share shall, beginning on the Additional Space Rent Commencement Date, equal 26.8%, which figure represents a fraction, the numerator of which is the number of square feet within the Subleased Premises (including the Additional Space) (approximately 33,427 square feet, as such may be adjusted following any exercise by the Sublease of its right of first refusal in the Sublease) and the denominator of which is the number of square feet within the Building (approximately 124,838 square feet).
Sample 1

Examples of Additional Space Rent Commencement Date in a sentence

  • For the period commencing on the Additional Space Rent Commencement Date and continuing through and including the Expiration Date, such Fixed Rent shall be payable at the rate of One Million Six Hundred Eighty-Six Thousand Five Hundred Fifty-Seven and 57/100 Dollars ($1,686,557.50) per annum ($140,546.46 per month).

  • In addition, Landlord represents that all electrical, mechanical, plumbing and other building systems serving the Additional Space will be in working order on the Additional Space Rent Commencement Date (as hereinafter defined).

  • EXHIBIT A Floor Plan of the Additional Space (See Attached) EXHIBIT B ADDITIONAL SPACE FIXED ANNUAL RENT SCHEDULE Period Fixed Annual Rent Monthly Installment from the Additional Space Rent Commencement Date through & including the day immediately preceding the fifth (5th) anniversary thereof; $247,590.00 $20,632.50 from the fifth (5th) anniversary of the Additional Space Rent Commencement Date through and including the Expiration Date.

  • For any partial month at the beginning of the Term, and for any month during which the Additional Space Rent Commencement Date occurs, Fixed Rent shall be appropriately prorated.

  • Tenant shall continue to pay Additional Rent as set forth in the Lease; provided, however, that from and after the Additional Space Rent Commencement Date, the Operating Expense Allowance shall be increased to $146,735.70 ($4.98 multiplied by 29,465) and Tenant's Proportionate Share shall be increased to 13.911% (29,465/211,811).

  • In interpreting the provisions of Sections 2.3B and 2.3C of the Lease to this Second Amendment, the term, "Interior Work" as used therein shall mean, "Interior Work" as defined herein, and the term, "Rent Commencement Date" as used therein shall mean, "Additional Space Rent Commencement Date" as defined herein.

  • Subject to provisions of the Lease regarding ------------------- commencement of the obligation to pay rent with respect to the Additional Space, Landlord and Tenant agree that, effective as of the Additional Space Rent Commencement Date, Tenant's Percentage Share of the Project for purposes of the Lease is increased to 22.77% as a result of the addition of the Additional Space to the Premises.

  • Pursuant to the provisions of Article 3 of the Second Amendment, Landlord and Tenant, intending to be legally bound hereby, acknowledge and agree that the Additional Space Rent Commencement Date shall be the 1st day of December, 2000, and that the term of the Lease shall end on the 30th day of November, 2006, at 11:59 p.m., unless sooner terminated or extended, as provided in the Lease.

  • After the Additional Space Rent Commencement Date, Tenant’s obligation with respect to Additional Space Rent shall be as provided in the Original Lease, as amended by this Amendment.

  • Commencing on the date that Tenant's rental obligations begin with ---- respect to the Additional Space (as provided in Paragraph 1(c)(2) of the Lease) (the "Additional Space Rent Commencement Date"), the Basic Rent for the Premises (per month) shall be calculated by multiplying 34,673 square feet times either (i) $0.68557 if such date occurs prior to June 1, 1997, or (ii) $0.76057 if such date occurs on or after June 1, 1997.


More Definitions of Additional Space Rent Commencement Date

Additional Space Rent Commencement Date means the date which is thirty (30) days after the Additional Space Commencement Date.
Sample 1
Additional Space Rent Commencement Date means the date which is sixty (60) days after the earliest of (x) occupancy by Tenant of any portion of the Additional Space for conduct of its business, or (y) the date that Tenant’s Additional Space Work (as hereinafter defined) is substantially completed. For purposes hereof, the sixty (60) day period described above is referred to herein as the “Abatement Period” and shall be subject to reduction as set forth below. Landlord shall confirm the Additional Space Delivery Date and the Additional Space Rent Commencement Date and shall provide Tenant with written notice of said dates. When said dates have been so determined, at Landlord’s or Tenant’s request, the parties hereto shall within fifteen (15) days after such request, execute a written agreement confirming said dates. ​ Any failure of the parties to execute such written agreement shall not affect the validity of said dates as aforesaid.
Sample 1
Additional Space Rent Commencement Date means the date which is nine (9) months from the Low-Rise Commencement Date. 168
Sample 1
Additional Space Rent Commencement Date means the date which is sixty (60) days after the earliest of (x) occupancy by Tenant of any portion of the Additional Space for conduct of its business, or (y) the date that Tenant’s Additional Space Work (as hereinafter defined) is substantially completed. For purposes hereof, the sixty
Sample 1

Related to Additional Space Rent Commencement Date

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Commencement Date means the date of this Agreement.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Offering Commencement Date means the first day of each Offering Period.

  • commencement day means the day on which the State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Part 2 Division 29 comes into operation;

  • Billing Commencement Date means the earlier of:

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Service Commencement Date in respect of a Service or a particular instance of a Service means the date on which that particular Service or particular instance of a Service is first provided to the Customer, or as otherwise explicitly set out in this Agreement;

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Recommencement Date As defined in Section 6(d) hereof.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Extension Term means the time period defined in §2.C.