Estimated Possession Date definition
Examples of Estimated Possession Date in a sentence
In no event shall Landlord be liable to Tenant for any damages of any kind for failure to complete the Tenant's Improvements or to deliver the Premises to Tenant on the Estimated Possession Date.
Subject to Force Majeure or delay caused by the action or inaction of Tenant, Landlord shall use reasonable efforts in the performance of the Total Work so as to have the Premises ready for occupancy by Tenant on the Estimated Possession Date as set forth in the Reference Data.
Provided that Landlord complies with the provisions of this Section 4, if the Premises are not ready for occupancy by Tenant on the Estimated Possession Date, the validity and term of this Lease and the obligations of Tenant hereunder shall in no way be affected and Tenant shall have no claim against Landlord and Landlord shall have no liability to Tenant by reason thereof.
The estimated possession date is set forth in the Fundamental Lease Provisions (the "Estimated Possession Date").
If Substantial Completion of Tenant Improvements does not occur within six months after the Estimated Possession Date (as extended for Force Majeure Delay) due to a cause other than a Tenant Delay (defined in Exhibit C, Section 3), Tenant shall have the right to cancel this Lease --------- upon Notice to Landlord given within ten days after the expiration of the six-month period.
Tenant shall have the right, however, to accept possession of the Premises from Landlord at any time after the Estimated Possession Date and before December 1, 1984.
If Landlord does not deliver possession of the Premises to Tenant within ninety (90) days after the Estimated Possession Date (the “Outside Possession Date”), Tenant may elect to cancel the Lease by giving written notice to Landlord within ten (10) days after the Outside Possession Date.
Landlord shall not be liable to Tenant if Landlord does not deliver possession of the Premises to Tenant on the Estimated Possession Date.
In the event Landlord reasonably determines that it will be unable to tender possession of the Demised Premises on or before the Estimated Possession Date, Landlord shall, not later than ten (10) days prior to the Estimated Possession Date, give written notice to Tenant of the date Landlord anticipates being able to tender possession to Tenant.
If Landlord, for any reason whatsoever, cannot deliver possession of the Premises to Tenant on or prior to the Estimated Possession Date, this Lease shall not be void or voidable, nor shall Landlord be liable to Tenant for any loss or damage resulting therefrom.