Examples of Extension Period Commencement Date in a sentence
The difference in the approach to costing amongst the different scenarios, is the element of ‘shared’ costs between the specific test under evaluation and the other tests conducted at the facility and laboratory, or on the testing platform (in the case of polyvalent platforms).
MOTION: Based on evidence submitted, confirm the value of $391,679 (Sullivan/Konstans).Roll call vote: Sullivan Yes Konstans YesMadziarek YesPassed unanimously.
In addition to the Original Premises and fifty percent (50%) of Building C (as defined in the Lease), Landlord leases to Tenant and Tenant leases from Landlord (i) that portion of Building B shown cross-hatched on the Building B diagram attached hereto as Exhibit A (the "EXPANSION PREMISES"), and (ii) the remaining fifty percent (50%) of Building C, which is estimated to contain in the aggregate approximately 82,470 square feet of space, effective as of the First Extension Period Commencement Date.
Subject to the provisions hereinafter set forth, ---------------------- Landlord hereby grants to Tenant an option to extend the Term of this lease on the same terms, conditions and provisions as contained in this Lease, except as otherwise provided herein, for one period of five (5) years (the "First Extension Period") after the expiration of the Term, which First Extension Period shall commence on January 1, 2021 ("First Extension Period Commencement Date") and end on December 31, 2025.
Tenant shall accept the Office Building and the Premises in their “AS IS” condition effective as of the First Extension Period Commencement Date.
Tenant shall accept and continue to occupy the Initial Premises in their "as is" condition as of the Extension Period Commencement Date.
Accordingly, effective as of the First Extension Period Commencement Date, Tenant shall pay all other charges coming due during the remainder of the Term for the Premises (including without limitation the Expansion Premises) in accordance with the terms of the Lease, including without limitation Tenant's Pro Rata Share of Common Area Charges, Property Taxes and insurance premiums.
Tenant's allotment of non-exclusive parking spaces shall be increased from 445 to 723 as of the First Extension Period Commencement Date.
Without limiting the generality of the foregoing, all requests for funding of the TI Allowance must be received prior to the date which is one (1) year following the First Extension Period Commencement Date.
From and after the First Extension Period Commencement Date, the term "Premises" as used in the Lease and in this Amendment shall be and include the Original Premises, the Expansion Premises and the entirety of Building C.