Lessor Delays definition
Examples of Lessor Delays in a sentence
Subject to Tenant Delays, Ground Lessor Delays, Force Majeure and Landlord’s right to terminate the Project Architect as provided in Section 3.3 below, Landlord anticipates a target commencement date for construction of January 15, 2010 (the “Target Commencement Date”).
In addition, in the event that any one or more Lessor Delays causes Tenant to be actually delayed, then, in addition to Lessor being liable for Tenant’s costs in connection with such delay as set forth in this Section, the Commencement Date and Tenant’s obligation to pay Rent will be delayed one day for each day of Lessor Delay.
If, there are delays caused by Lessor or by Unavoidable Delays, the Commencement Date shall be extended by the number of days of Lessor Delays and Unavoidable Delays; provided, however, that if Substantial Completion of the Improvements is delayed as a result of any Lessee Delays described below, then the Commencement Date shall be accelerated by the number of days of such Lessee Delays.
The Commencement Date shall be extended (i) one (1) day ------ for each day that Lessee is actually and directly delayed in substantially completing the Lessee Improvements (excluding decoration and punch-list items) because of "Lessor Delays", as such term is defined below.
Notwithstanding the foregoing, if any change in the plans and specifications prepared by Lessor is required by reason of an inconsistency between the plans and specifications and the requirements of Exhibit C, any costs or expenses related to such changes shall be paid by Lessor and any delays related thereto shall be Lessor Delays and not Lessee Delays.
The Premises Construction Schedule and the Target Substantial Completion Date shall also each be subject to extension for Tenant Delays, Ground Lessor Delays and Force Majeure.
The Drop Dead Substantial Completion Date shall also each be subject to extension for Tenant Delays, Ground Lessor Delays and Force Majeure.
Following Lessor's approval of the Final Plans and the Work Cost Estimate as provided herein, Lessee shall commence and diligently proceed to have constructed the Improvements in a good and workmanlike manner, subject only to Lessor Delays.
The Drop Dead Commencement Date shall also each be subject to extension for Tenant Delays, Ground Lessor Delays and Force Majeure.
For clarifications, “normal practices” as used in this subsection for the purpose of calculating any Lessor Delays will necessarily include reasonable delays due to weather and other related factors beyond the control of Lessor, which delays will not constitute “Lessor Delays” so long as Lessor exercises reasonable diligence in its actions related to the Project to the extent limited by the forgoing factors and does not act in a discriminatory fashion against Lessee.