Interim Use definition
Examples of Interim Use in a sentence
The second would be the aforementioned “Interim Use Reserve.” The Interim Use Reserve includes a connection on each end of the initial construction section in the Central Valley with the BNSF mainline plus associated PTC, and interim station (i.e., Amtrak) capital costs, totaling $108 million.
The Financial Plan and updates specific to this Project shall incorporate the Interim Use Reserve discussed above and in Task 9 below.
Tenant shall not be required to pay Basic Monthly Rental during such Interim Use period unless otherwise agreed to herein.
For the avoidance of doubt, all references in this Lease to Work and/or rehabilitation of the Improvements shall refer to the substantial rehabilitation work that comprises the Project after the Interim Use, and not the earlier rehabilitation work necessary to enable Tenant to use the Premises for the Interim Use; provided, however, that such minor rehabilitation work and such Interim Use shall be performed and carried out in accordance with all applicable Laws.
Tenant agrees to pay all utilities related to the Expansion Premises (on a prorated basis) that are directly attributable to Tenant’s Interim Use as well as all Additional Rent (on a prorated Basis) in accordance with this Lease.