Early Premises definition
Examples of Early Premises in a sentence
The terms and conditions of this Lease and Exhibit “B-1” apply from the date of the execution (by both parties) of this Lease, with the exception of Rent (except for the Rent attributable to the Initial Early Premises or Early Premises).
The period from the Commencement Date, running until the May 31, 2021 shall be hereinafter referred to as the “Initial Early Term.” During the Initial Early Term, Tenant shall be permitted to occupy the Initial Early Premises pursuant to all the provisions of this Lease; however, Basic Annual Rent shall be paid at a rate of $27.50 per square foot per year, with respect to the square feet of the Initial Early Premises, as set forth in Item 6 of the Basic Lease Terms above.
The period from June 1, 2021 to the Manufacturing CO Date, shall be hereinafter referred to as the “Early Term.” During the Early Term, Tenant shall be permitted to occupy the Early Premises pursuant to all the provisions of this Lease; however, Basic Annual Rent shall be paid at a rate of $27.50 per square foot per year, with respect to the square feet of the Early Premises, as set forth in Item 6 of the Basic Lease Terms above.