Definition of Possession Date

  1. Possession Date means 12:01 a.m., on the day following the Closing Date.

Examples of Possession Date in a sentence

  1. If an Early Possession Date is specified in Paragraph 1.4 and if Lessee totally or partially occupies the Premises after the Early Possession Date but prior to the Commencement Date, the obligation to pay Base Rent shall be abated for the period of such early occupancy.
  2. (See also Paragraph 3) 1.4 Early Possession: N/A (Early Possession Date).
  3. On the Possession Date, Landlord shall deliver the Premises to Tenant in substantial compliance with all applicable Laws (including Laws with respect to Hazardous Materials) and free of Hazardous Materials (as hereinafter defined).

Definition of Possession Date in Asset Purchase Agreement

Possession Date means 12:01 a.m., on the day following the Closing Date.


Definition of Possession Date in Lease

Possession Date means February 15, 2016, being the date from which the Sub-subtenant shall be permitted to have access to the New Area during normal operating hours (8:00 a.m. - 8:00 p.m., Toronto time) until the Substantial Completion Date, after which time the Sub-subtenant's access shall be governed by the terms and conditions of this Sub-sublease.


Definition of Possession Date in Purchase Contract

Possession Date means 12:01 a.m., on the Closing Date, or such other date as the parties may agree upon in writing;