Ready for Tenant definition

Ready for Tenant means the date that (i) Landlord has completed any Tenant Finish Work in the Premises to be performed by Landlord under the Work Letter and a certificate of occupancy for the Premises has been issued, and (ii) the Building's Common Areas and landscape areas are substantially complete in accordance with the Building Plans and Specifications. Notwithstanding the foregoing to the contrary, if the Premises are not Ready for Tenant on or before September 24, 1999 (such date shall be deemed extended by the number of days that the completion of the Premises are delayed due to any Excused Delay, as that term is defined in the Work Letter), Landlord shall reimburse Tenant any holdover rent it shall actually pay to its existing landlord, as evidenced by paid invoices, as a result of such delay; provided, that such reimbursement shall not exceed 200% of Tenant's then current monthly rent under the current year of its existing lease and such reimbursement obligation shall only be applicable until the date the Premises are Ready for Tenant; provided, further, that if the Premises are not Ready for Tenant on or before April 1, 2000, then Tenant shall have the option, by written notice delivered to Landlord on or before April 6, 2000, to elect to terminate this Lease.
Ready for Tenant means the date the Premises is delivered to Tenant.
Ready for Tenant means the date which is three (3) days after the date when Landlord delivers to Tenant a stamped Certificate of Substantial Completion as to the following work from Landlord's architect that all of the following elements of Landlord's Work ("Ready for Tenant Work") are Substantially Complete, as hereinafter defined, in accordance with Landlord's Plans, as defined in the Work Letter:

Examples of Ready for Tenant in a sentence

  • Other than as set forth in the Work Letter, Landlord shall have no obligations for any remodeling or other work in the Premises, and Tenant shall accept the Premises in their "as-is" condition on the date the Premises is Ready for Tenant.

  • Any amendment or waiver effected in accordance with this Section 7.8 shall be binding upon each holder of any Shares at the time outstanding, each future holder of such securities and the Company.

  • A certificate of substantial completion from the architect (or other representative of Landlord) in charge of supervising the Tenant Finish Work (if any) shall be the date the Premises are Ready for Tenant.

  • If the Premises are not Ready for Tenant on or before March 17, 1999, the postponement of Tenant's obligation to pay Rent shall be in full settlement of all claims which Tenant might otherwise have by reason of the Premises not being Ready for Tenant on or before March 17, 1999.

  • If the Premises are not Ready for Tenant due to a delay caused by Landlord (and not because of a Tenant Delay, as defined in the Work Letter), the postponement of Tenant's obligation to pay Rent shall be in full settlement of all claims which Tenant might otherwise have by reason of the Premises not being Ready for Tenant on the Lease Commencement Date.

  • Hence, the accounts of the Local Government should be dealt with in a separate accounting wing.

  • Upjohn did not simply invent the style but had a hand in every piece.

  • Taking possession of the Premises by Tenant shall be conclusive evidence that the Premises are Ready for Tenant.

  • If the Premises are not Ready for Tenant, the postponement of Tenant's obligation to pay Rent shall be in full settlement of all claims which Tenant might otherwise have by reason of the Premises not being Ready for Tenant on the Lease Commencement Date.

  • The Tenant Finish Work shall be deemed to have been substantially completed and to be Ready for Tenant when the Landlord has substantially completed the Tenant Finish Work, exclusive of any punch list work, substantially in accordance with the final approved Construction Drawings.


More Definitions of Ready for Tenant

Ready for Tenant means either the date that Landlord has substantially completed any Tenant Finish Work in the Premises to be performed by Landlord in the Work Letter, or, if Landlord has no obligations to do Tenant Finish Work, the date the Premises is delivered to Tenant. A certificate of substantial completion from the architect (or other representative of Landlord) in charge of supervising the Tenant Finish Work (if any) shall be the date the Premises are Ready for Tenant.

Related to Ready for Tenant

  • Anchor Tenant means the primary customer occupying a site.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Habitable space means space in a building used for living, sleeping, eating, or cooking. Habitable space does not include a heater or utility room, a crawl space, a basement, an attic, a garage, an open porch, a balcony, a terrace, a court, a deck, a bathroom, a toilet room, a closet, a hallway, a storage space, and other similar spaces not used for living, sleeping, eating, or cooking.

  • Premises Building Partial Damage means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is less than fifty percent of the then replacement cost of the Building.

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • Tenant means any Person leasing, subleasing or otherwise occupying any portion of the Property under a Lease or other occupancy agreement.

  • Customer Premises means premises owned, controlled or occupied by the Customer which are made available for use by the Supplier or its Sub-Contractors for provision of the Services (or any of them);

  • Premise means any structure or group of structures operated as a single business or enterprise, provided, however, the term "premise" shall not include more than one (1) dwelling.

  • Substantial alteration means an alteration that has a major impact on the architectural features, characteristics, appearance, or integrity of a structure or lot. The term does not include routine maintenance that is reasonably necessary to maintain a dealership facility in attractive condition and does not include any changes to items protected by federal intellectual property rights.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • Tenant Party means any of the following persons: Tenant; any assignees claiming by, through, or under Tenant; any subtenants claiming by, through, or under Tenant; and any of their respective agents, contractors, employees, licensees, guests and invitees.

  • Premises Partial Damage means damage or destruction to the Premises, other than Lessee-Owned Alterations and Utility Installations, the repair cost of which damage or destruction is less than fifty percent (50%) of the then Replacement Cost (as defined in Paragraph 9.1(d)) of the Premises (excluding Lessee-Owned Alterations and Utility Installations and Trade Fixtures) immediately prior to such damage or destruction.

  • Certificate of Substantial Completion means the certificate executed by the A/E, ODR and Contractor that documents to the best of A/E’s and ODR’s knowledge and understanding, Contractor’s sufficient completion of the work in accordance with the Contract, so as to be operational and fit for the use intended.

  • Licensed Space means the indoor and outdoor space on the premises approved by the department for the purpose of providing licensed child care.

  • Tenant Affiliate means and refer to any partnership, limited liability company, or corporation or other entity, which, directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, Tenant.

  • Covered Building Service Contract means a contract or subcontract to provide Building Services to the City of Cambridge or any of its departments or subdivisions.

  • Meter Operator means a party appointed for the purposes of the BSC, to:

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

  • Sublessee means any Person for so long, but only so long, as such Person is in possession of the Airframe and/or any Engine pursuant to the terms of a Sublease which is then in effect pursuant to Section 7(b)(x) of the Lease.

  • Non-Operator means a party other than the operator;