Phase I Commencement Date definition

Phase I Commencement Date means October 1, 2017.

Phase I Commencement Date means the first day of the first calendar month immediately following the expiration of 6 months after the date on which Landlord delivers possession of the Phase I(b) Premises to Tenant in the condition required by this Lease.

Phase I Commencement Date and the "Phase II Commencement Date" shall mean the dates determined in accordance with Section 3 hereof.

Examples of Phase I Commencement Date in a sentence

• Landlord will deliver the Phase I Premises and the Phase II Premises with all HVAC systems in good operating condition on the Phase I Commencement Date and the Phase II Commencement Date.

• For purposes of documenting the current condition of the FF&E, Tenant and Landlord shall, prior to the Phase I Commencement Date, as to the Phase I Premises, and prior to the Phase II Commencement Date, as to the Phase II Premises, conduct a joint walk-through of the Premises in order to inventory items of damage or disrepair in the FF&E.

• The Base Rent shall be payable on the Phase I Commencement Date and thereafter monthly, in advance, on the first day of each and every month during the Lease Term.

• If (a) the Phase I Premises are not delivered to Tenant by the Projected Phase I Commencement Date for any reason, or (b) the Phase II Premises are not delivered to Tenant by the Projected Phase II Commencement Date for any reason, Landlord shall not be liable for any claims, damages or liabilities by reason thereof, nor affect the validity of this Lease or the obligations of Tenant hereunder.

• The Phase I Commencement Date and the Phase II Commencement Date shall be the date of Substantial Completion of the Phase I Space and the Phase II Space, as applicable, minus the total number of days comprising Tenant Delays plus the total number of days comprising Landlord Delays.

More Definitions of Phase I Commencement Date

Phase I Commencement Date. The date determined pursuant to Article 2, which date is anticipated to be the Projected Phase I Commencement Date specified in Section 1.1.

Phase I Commencement Date shall be (i) the date on which Landlord has substantially completed the Landlord Work (if any) and tendered possession of the Phase I Premises to Tenant; or (ii) any earlier date upon which Tenant, with Lxxxxxxx’s written permission, takes possession of any portion of the Phase I Premises to commence construction of the Tenant Work.

Phase I Commencement Date means the date that Developer commences physical Construction of the Resort Development or any part thereof.

Phase I Commencement Date means the Closing Date.

Phase I Commencement Date means the first date that the Gaming Enterprise is open to the public and Gaming is being conducted at the Property on a temporary interim basis.

Phase I Commencement Date and the "Phase II Commencement Date" shall occur when Sublandlord has delivered exclusive possession of Phase I and Phase II, respectively, to Subtenant in the condition required under this Sublease. The commencement dates for Phase I and Phase II set forth above are approximate dates and Sublandlord shall not be subject to any liability to Subtenant, nor shall Subtenant be entitled to terminate this Sublease, if it fails to deliver possession of the Subleased Premises to Subtenant on the approximate dates set forth above. Notwithstanding anything to the contrary contained herein, if the Phase I Commencement Date, or the Phase II Commencement Date have not occurred before April 1, 2000 and October 1, 2000, then Subtenant shall have the right thereafter to cancel this Sublease with respect to such Phase I and/or Phase II space, and upon such cancellation, Sublandlord shall return all sums theretofore deposited or prepaid by Subtenant to Sublandlord, and neither party shall have any further liability to the other.

Phase I Commencement Date shall be the later of the Phase III Commencement Date or the Possession Date as to the Phase I Premises, (y) the “Phase II Commencement Date” shall be the Possession Date with respect to Phase II Premises, (y) the “Phase IV Commencement Date” shall be the later of the Phase III Commencement Date or the Possession Date with respect to the Phase IV Premises.