Expansion Commencement Date when used in this Amendment shall mean the earlier to occur of (i) the date Substantial Completion of the Expansion Improvements occurs, or (ii) May 1, 2013 (the “Outside Date”); provided, however, if the construction contract with the Contractor selected to perform the construction of the Expansion Improvements in accordance with New Exhibit “D” attached hereto provides for a completion date that is later than Outside Date and/ or Tenant Delays occur, the Outside Date will be extended on a day-to-day basis based on the number of additional days the construction contract contemplates for completion and the number of days of Tenant Delays so long as the Expansion Completion Date is not extended beyond June 1, 2012 for any reason other than Landlord Delays (as defined in New Exhibit “D”). Assignment, Assumption And First Amendment To Office Lease Agreement 12/31/2012
Expansion Commencement Date has the meaning set forth in SECTION 18(j)(I).
Expansion Commencement Date. The earlier of (a) TECNAU vacating the Expansion Premises or (b) June 1, 2022.”
Examples of Expansion Commencement Date in a sentence
Effective on the Expansion Commencement Date, Tenant’s Suite electric shall be increased from $1,613.79 per month to$1,944.98 per month (an annualized rate of $1.75 PUSF).
PROPORTIONATE SHARE: Effective on the Expansion Commencement Date, Tenant’s Proportionate Share shall be 27.9 %.
Mr. Serrao motions to grant conceptual approval for the building renovations with regard to the work on the windows, doors, façade renovations, and brick restoration as submitted.
RENTABLE AREA OF PREMISES: Effective on the Expansion Commencement Date, the size of the Premises shall be increased by two thousand, five hundred seventy-nine rentable square feet (2,579 RSF), two thousand, two hundred seventy-one usable square feet (2,271 USF).
Consequently, effective upon the Expansion Commencement Date, the Existing Premises shall be increased to include the Expansion Premises.
More Definitions of Expansion Commencement Date
Expansion Commencement Date with respect to each portion of the Expansion Premises shall mean the date which is four (4) months after Landlord delivers possession of each portion of the Expansion Premises to Tenant. Effective as of each applicable Expansion Commencement Date, the defined term “Leased Premises” under the Lease shall include the Total Premises and the applicable portion of the Expansion Premises, except in accordance with the Eighth Amendment, the expiration date of the Lease Term for the Warehouse Premises shall not be extended by this Amendment and shall remain to expire on January 31, 2023.
Expansion Commencement Date means (a) if Tenant gives notice of exercise of the First Expansion Option on or before December 31, 1997, the same day as the Term commences pursuant to Section 2.1, and (b) if such notice is given thereafter, the date Tenant substantially completes its improvements in the Expansion Premises and commences business operations therein or (ii) 90 days after such notice is given by Tenant. If clause (a) applies, then the improvements shall be completed as part of the completion of the leasehold improvements for the original
Expansion Commencement Date has the meaning set forth in Section 18(j)(i).
Expansion Commencement Date is hereby defined to be and to mean May 1, 2000.
Expansion Commencement Date shall be the later of (i) April 1, 2020 and (ii) the date on which the Landlord Work (as defined below) is substantially complete and delivery of possession of the Expansion Premises to Tenant by Landlord. Promptly after the determination of the Expansion Commencement Date, Landlord and Tenant shall enter into a commencement letter agreement. Following mutual execution of this Eighth Amendment, Landlord shall, at its sole cost, in accordance with Landlord’s building standards, cause to be performed certain improvement work in the Expansion Premises described as follows: (i) removal of existing tile and installation of new carpet and tile, as mutually agreed upon by Landlord and Tenant; (ii) repainting of walls; (iii) replacement of ceiling tiles, as necessary; (iv) replacement of light fixtures, as necessary; and (v) installation of additional electrical outlets, as mutually agreed upon by Landlord and Tenant (collectively, the “Landlord Work”). Subject to the occurrence of the following: (i) mutual execution of this Eighth Amendment, and (ii) receipt by Landlord of the amount set forth in Paragraph 5 below, together with proof of insurance required pursuant to Paragraph 23 of the Lease, Landlord agrees to give Tenant (and its employees, agents and contractors) reasonable access to the Expansion Premises (the “Early Access”) during the fifteen (15) day period immediately prior to the Expansion Commencement Date (the “Early Access Period”), during the course of Landlord’s performance and completion of the Landlord Work, for the limited purpose of Tenant’s initial setup and fixturization of the Expansion Premises. Such Early Access shall be subject to the following conditions:
Expansion Commencement Date is hereby defined to be and to mean August 1, 2021. In the event that the Delivery Date has not occurred on or before August 1, 2021 (as may be extended due to any delay caused by Tenant or force majeure) (“Substantial Completion Deadline”) Tenant shall be entitled to one day of free Base Rent for every day of such delay after the Substantial Completion Deadline.
Expansion Commencement Date is defined in section 4 of this Agreement.