Examples of Existing Lease Expiration Date in a sentence
Once the Scheduled Existing Lease Expiration Date has occurred, Landlord shall, to the extent the Existing Tenant has not vacated the 6350 Substitute Premises following such Scheduled Existing Lease Expiration Date, use its best, commercially reasonable efforts (including promptly filing an unlawful detainer action) to cause the Existing Tenant to vacate the 6350 Substitute Premises as soon as possible.
The termination of the Existing Lease is scheduled to occur on February 28, 2014 (the "Scheduled Existing Lease Expiration Date").
Notwithstanding anything in this Section 5 to the contrary, Landlord shall allow Tenant up to a ten (10)-day grace period after the Existing Lease Expiration Date (as it may have been extended) to complete Tenant’s vacation and surrender of the Existing Space (the “Permitted Holdover Period”) at no cost to Tenant.
Landlord and Tenant hereby agree that the holdover term of the Existing Lease shall expire on October 31, 2006 (the “Existing Lease Expiration Date”).; provided that Tenant shall have the right to extend the Existing Lease Expiration Date for a period of one (1) month, through November 30, 2006, by giving Landlord irrevocable written notice thereof no later than October 24, 2006.
Term: Commencing on Sixth Amendment Effective Date and expiring on the Revised Existing Lease Expiration Date.
Tenant’s base rent for the Existing Space through the Existing Lease Expiration Date (as it may have been extended) shall continue to be $53,361.00 per month, and Tenant shall continue to be liable for its proportionate share of Direct Expenses (as such term is defined in the Existing Lease) and any other additional rent amounts accruing under the Existing Lease until its expiration as herein provided.
In the event that Tenant fails to vacate the Existing Premises and surrender and deliver exclusive possession of the Existing Premises to Landlord on or before the Existing Lease Expiration Date in accordance with the provisions of the Existing Lease, then Tenant shall be deemed to be in holdover of the Existing Premises and shall be subject to the terms of Article 16 of the Existing Lease.
Tenant shall have the option to lease the Remaining Premises at the expiration of the term of the Existing Tenant Lease, the expiration of which is currently scheduled to occur on January 31, 2007 ("Existing Lease Expiration Date"), which option must be exercised by written notice to Landlord no later than 270 days prior to the Existing Lease Expiration Date.
The Basic Lease Information which applies to the Premises through the Revised Existing Lease Expiration Date is attached as Exhibit A to this Sixth Amendment.
Companies usually set the nominal value of shares at a much lower price than what they expect them to trade at because if they do not, and the share price falls significantly, and they wish to raise more equity capital, they must go through a procedure for issuing more shares (requiring a shareholder vote).