Branch Opening Date definition
Examples of Branch Opening Date in a sentence
Lessee hereby represents and warrants that as of the Branch Opening Date, the Premises and improvements thereon shall be structurally sound and in good repair.
Subject to Section 9 above, commencing on the Branch Opening Date, Sublessee shall assume, at its own cost and expense, such repair and maintenance obligations of Lessee as set forth in the Lease.
Until the "Branch Opening Date" (as defined below), Lessee shall pay to the Landlord any and all rental payments in accordance with the Lease.
For purposes of this Sublease, the term "Branch Opening Date" shall means the date the branch to be located at the Premises begins operations to the public as a branch bank of Sublessee.
Notwithstanding the foregoing, Sublessee, in addition to the foregoing, hereby agrees on the Branch Opening Date to pay to Lessee an amount equal to the lesser of (a) one and one-half months rent previously paid by Lessee to Landlord under the Lease, or (b) the rent previously paid by Lessee to Landlord under the Lease during the period October 1, 2002 through the Branch Opening Date.
Beginning on the "Branch Opening Date" (as defined below), Sublessee agrees to pay the rental payments specified in such Lease for periods after the "Branch Opening Date" (the "Rent") directly to the Landlord at the address specified in Section 1(E), or to such other payee or at such other address as may be designated by notice in writing from Landlord to Sublessee, without prior demand therefore.