Commencement and Term of Lease Sample Clauses

Commencement and Term of Lease. The term of this Lease shall be for 3 years and commence on May 1, 2018 and end April 30, 2021. The lease may be terminated by Landlord or Tenant upon 120 day written notice. Except as specifically provided herein, all terms and conditions of the Agreement shall remain in full force and effect, without waiver or modification. This Amendment and the Agreement shall be read together as one document.
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Commencement and Term of Lease. The term of this Lease (the “Term”) shall commence on the date hereof (the “Commencement Date”), and shall expire on the earlier of (i) December 31, 2018 or (ii) the date on which that certain $10,000,000 loan (the “Loan”) from Master Lessor’s Lender to Master Lessee is paid in full in cash (not as a result of a credit bid by Master Lessor’s Lender at a foreclosure sale or refinancing of the Loan by Master Lessor’s Lender or a refinancing of the Loan by Master Lessor’s Lender). If the Commencement Date is other than the first day of a calendar month, the Term shall extend through the end of the calendar month.
Commencement and Term of Lease. The term of this Lease (the “Term”) shall commence on the date hereof (the “Commencement Date”), and shall expire on the earlier to occur of (i) seven (7) calendar years after the Commencement Date; (ii) the date on which all available rentable space in the Premises is rented to third-party tenants reasonably acceptable to Lender, and otherwise on terms providing for at least $19 per square foot of space, with a term of seven (7) years or longer, and obligating such tenants to pay their respective proportionate share of all common area maintenance charges, taxes, and insurance, and otherwise in a form and substance reasonably approved by Lender (each, an “Approved Lease”); (iii) the date on which that certain $19,000,000 loan (the “Loan”) from American National Insurance Company (the “Lender”) to Master Lessee is paid in full in cash (not as a result of a credit bid by Lender at a foreclosure sale). If the Commencement Date is other than the first day of a calendar month, the Term shall extend through the end of the calendar month.
Commencement and Term of Lease. 9 3.1 Condition and Delivery of Premises 8 3.2 Habendum 8 3.3 Entry Prior to Commencement Date 8 3.4 Termination Right 8 3.5 Right of First Offer 10
Commencement and Term of Lease. The term of this Lease shall be for a period of five (5) years, commencing on or about September 1, 1999, (the "Commencement Date") and continuing from said date until August 31, 2004, unless extended per paragraph 2 above due to potential delay in obtaining a Certificate of Occupancy.
Commencement and Term of Lease. The term of Lease (the “Term”) shall commence on the Commencement Date and shall terminate at 11:59 PM on December 31, 2013. However, the first Lease Year shall be less than twelve (12) months and shall commence with the Commencement Date and shall end on May 31st occurring after Commencement Date. Each Lease Year subsequent to the first Lease Year after the Commencement Date shall commence on June 1st and end of May 31st, The thirteenth Lease Year shall commence on May 31st and end on December 31, 2013. The parties hereto shall execute a written statement (i) setting forth the Commencement Date promptly after the same shall have been ascertained, and (ii) the Option Terms (as defined in Section 2.02 hereof) notice dates in accordance with Section 2.02 hereof.
Commencement and Term of Lease. The Period of the lease ………… (Year)…….. (Month) which commence from the date…/…/……and end on the date …/…/……
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Commencement and Term of Lease. The Tenant and Big Sky Economic Development Corporation (“EDC”) are parties to a Real Estate Purchase Agreement relating to EDC’s purchase of the Building and related real estate from the Tenant (the “Agreement”). Capitalized terms this Lease uses but does not define have the meaning the Agreement ascribes. Immediately after the Closing, EDC will convey the Property to the Landlord. This Lease shall commence on upon the Closing and shall continue until February 1, 2020 (the “Term”). Tenant shall vacate the Leased Premises and shall have all Tenant’s property removed from the Leased Premises on the last day of the Term of the Lease.
Commencement and Term of Lease 

Related to Commencement and Term of Lease

  • Commencement and Term This Agreement shall commence upon the Effective Date and continue for the Agreement Term.

  • Term of Lease This Lease shall commence on the date of ________ and shall continue until its natural termination under this part on the date of ________ at 11:59 PM. After the date of termination, this Lease shall automatically renew and shall continue for the same term amount until Landlord or Tenant undertake cancellation of this Lease in writing. At the expiration of this Lease, Tenant shall be responsible for providing a forwarding address to Landlord to receive any funds owed or other notices.

  • Term of Leases All Leases for residential dwelling units with respect to the Mortgaged Property satisfy each of the following conditions:

  • COMMENCEMENT AND TERMINATION 10.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Extension of Lease Term The Term of the Lease is hereby extended, pursuant to all of the terms and conditions of the Lease as amended, for an additional period of forty-two (42) months, ending on August 31, 2022 (the “First Extended Term”).

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

  • Commencement Date and Term 1.1 This Agreement shall come into force on [insert date] (the “Commencement Date”) and, subject to paragraph 1.2 below, shall continue in full force and effect until [insert date] OR [until all Services have been completed and all Deliverables have been delivered to the British Council’s satisfaction as set out in Schedule 2 (Terms of Reference)] (the “Term”).

  • Termination of Lease Landlord may terminate Tenant’s interest under the Lease, but no act by Landlord other than notice of termination from Landlord to Tenant shall terminate this Lease. The Lease shall terminate on the date specified in the notice of termination. Upon termination of this Lease, Tenant will remain liable to Landlord for damages in an amount equal to the rent and other sums that would have been owing by Tenant under this Lease for the balance of the Lease term, less the net proceeds, if any, of any re-letting of the Premises by Landlord subsequent to the termination, after deducting all of Landlord’s Reletting Expenses (as defined below). Landlord shall be entitled to either collect damages from Tenant monthly on the days on which rent or other amounts would have been payable under the Lease, or alternatively, Landlord may accelerate Tenant’s obligations under the Lease and recover from Tenant: (i) unpaid rent which had been earned at the time of termination; (ii) the amount by which the unpaid rent which would have been earned after termination until the time of award exceeds the amount of rent loss that Tenant proves could reasonably have been avoided; (iii) the amount by which the unpaid rent for the balance of the term of the Lease after the time of award exceeds the amount of rent loss that Tenant proves could reasonably be avoided (discounting such amount by the discount rate of the Federal Reserve Bank of San Francisco at the time of the award, plus 1%); and (iv) any other amount necessary to compensate Landlord for all the detriment proximately caused by Tenant’s failure to perform its obligations under the Lease, or which in the ordinary course would be likely to result from the Event of Default, including without limitation Reletting Expenses described below.

  • Premises and Term The Landlord, in consideration of the rents herein reserved and of the agreements and conditions herein contained, on the part of the Tenant to be kept and performed, leases unto the Tenant and Tenant hereby rents and leases from Landlord, according to the terms and provisions herein, the following described real estate, situated in Dubuque County, Iowa, to wit: The patio area (Parcel B) as shown on Exhibit A attached hereto (but specifically excluding the hydraulic lift located on Lot B) and by this reference made a part hereof (the Leased Premises), legally described as a part of Lot 6 of Ice Harbor Development, according to the recorded plat thereof, with the improvements thereon and all rights, easements and appurtenances thereto belonging, for a term commencing at midnight of the day previous to the first day of the lease term, which shall be on the 1st day of June, 2005, and ending at midnight on the last day of the lease term, which shall be on the 31st day of December, 2018, upon the condition that the Tenant pays rent therefore, and otherwise performs as in this Lease Agreement provides. The Landlord reserves unto itself a non-exclusive, perpetual Public Access Easement, to run with the land, as shown on Exhibit A, for itself and for public pedestrian access, said access to remain open, clear and unobstructed at all times except as may be otherwise agreed to in writing by the Landlord. Tenant agrees that its rights under the Revised Ice Harbor Parking Agreement for Ice Harbor Urban Renewal District are terminated upon execution of this Agreement. Landlord hereby grants to Tenant, its management employees and patrons during the term of this Agreement the non-exclusive privilege to park in Parking Lots 1 and 2 shown on Exhibit A at no additional charge (other than the rent herein) to Tenant, its management employees or patrons. Tenant agrees that Tenant will require that all of its employees shall park only in parking lots owned by Tenant or in a city-owned parking garage. Landlord hereby grants to Tenant permission, subject to such other permission as may be required by any other governmental entity, to construct a two-story (not to exceed the height of the existing portside facility) barge (as defined by Iowa Code Chapter 99F (2005)) to extend not more than the maximum permitted by the United States Coast Guard and/or the United States Army Corps of Engineers but in no event more than 150 feet from Tenant’s current dock facility into the Ice Harbor. Landlord agrees to cooperate with and support Tenant’s application to other governmental entities for any required permission for such barge. In the event Tenant constructs such barge, the area upon which such barge is located shall become a part of the Leased Premises.

  • DEMISE AND TERM Sublandlord hereby leases to Subtenant, and Subtenant hereby leases from Sublandlord, upon and subject to the terms and conditions of this Sublease, those certain premises comprising approximately 53,464 rentable square, as substantially shown (by diagonal lines or shading) on the floor plans attached hereto as Exhibit “A” (the “Subleased Premises”), in the building (the “Building”) known as 20 Xxxxxxxxxx Xxxx, Xxxxxxxxxxxx, Xxxxxxxx, being all of the premises that were leased to Sublandlord by ARE-20/22/1300 Firstfield Quince Orchard, LLC, a Delaware limited liability company (“Main Landlord”) under the Main Lease (as hereinafter defined), together with the Common Areas (as defined in the Main Lease), as modified from time to time by Main Landlord. The term (“Sublease Term”) of this Sublease shall commence on January 1, 2012 (the “Commencement Date”), and shall expire at 11:59 p.m. on March 31, 2013 (the “Expiration Date”), unless sooner terminated as herein provided. If either party hereto shall so request, the parties hereto shall execute and deliver to each other an instrument confirming the Commencement Date, but the failure of either party to execute and deliver such an instrument shall not affect the occurrence of the Commencement Date. Notwithstanding that the Commencement Date may not have yet occurred, from and after the date hereof until the Commencement Date, upon reasonable prior notice to Sublandlord, Sublandlord shall permit Subtenant or any person or entity lawfully acting by or through Subtenant to access the Subleased Premises solely for (a) Subtenant’s architect, engineer and other consultants to measure and inspect the Subleased Premises and (b) Subtenant to inspect and review those certain assets, as more fully described in Exhibit “B” attached hereto (“Purchased Assets”) that Subtenant is purchasing from Sublandlord pursuant to the Equipment Sale Agreement, dated as of the date hereof, between Sublandlord and Subtenant (“Sale Agreement”). Such access and use shall be subject to all the provisions of this Sublease as if the Commencement Date had otherwise commenced or occurred; provided, however, Subtenant shall not be obligated to pay Rent with respect to any period prior to the actual Commencement Date. If Subtenant or such person or entity should enjoy such early access of the Subleased Premises, the Sublease shall be deemed to have so commenced solely for the purpose of causing Subtenant’s covenants, obligations, indemnities, and other agreements under this Sublease during the Sublease Term to be effective and binding upon Subtenant during such early access (such as, but not limited to, Subtenant being obligated to obtain all insurance required of it under this Sublease). Said early access and use shall not advance the Commencement Date or advance or extend the Expiration Date. If Sublandlord does not deliver the Subleased Premises to Subtenant within 15 days of the Commencement Date due solely to the actions of Sublandlord, then the first period of rent abatement described in Section 2 below shall be extended by one day for every day that the Subleased Premises have not been delivered after the Commencement Date, and Subtenant shall have no obligation to pay any Additional Rent until the Subleased Premises have been delivered by Sublandlord.

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