Delay in Delivery of Premises Sample Clauses

Delay in Delivery of Premises. If Landlord is unable to deliver possession of the Premises to Tenant on or before the projected Lease Commencement Date, Landlord shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease, the Lease Expiration Date or the obligations of Tenant under it, but the Lease Term (and the obligation to pay Rent) shall commence on the date on which Landlord delivers possession of the Premises to Tenant.
AutoNDA by SimpleDocs
Delay in Delivery of Premises. If Lessor is unable to deliver possession of the Premises to Lessee on or before the Commencement Date, Lessor shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease or the obligations of Lessee under it, but the Lease Term shall commence on the date on which Lessor delivers possession of the Premises to Lessee. The Lease Expiration Date shall be extended for a like period plus any additional period required to make the Lease Expiration Date the last day of the calendar month. Lessor shall use its commercially reasonable efforts to enforce its rights to possession of the Premises against any holdover tenant. If Lessor is unable to deliver possession of the Premises to Lessee by the twenty-first (21st) day of December, 2001, then either party shall have the right to terminate this Lease by providing the other party with written notice thereof within five (5) business days following said Outside Date.
Delay in Delivery of Premises. If Landlord is unable to deliver possession of the Premises to Tenant on or before the Lease Commencement Date for any reason (including, without limitation, the existing tenant’s failure to vacate and deliver exclusive possession of the Premises to Landlord), Landlord shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease or the obligations of Tenant under it, but the Lease Term shall not commence (and the Lease Commencement Date shall not occur) until the date on which Landlord delivers possession of the Premises to Tenant, and Tenant shall not be liable for any Rent (as such term is defined in Section 4.1 below) due hereunder until the Lease Commencement Date. Notwithstanding anything to the contrary contained in this Lease, if Landlord is unable to tender possession of the Premises to Tenant on or before December 15, 2013 (the “Delivery Termination Date”), as such date shall be extended day for day for each day Landlord is delayed in causing the Premises possession of the Premises to be delivered to Tenant as a result of any Force Majeure delays and/or the acts and/or omissions of Tenant and Tenant’s agents, employees and contractors, Tenant may terminate this Lease by delivering to Landlord written termination notice on or prior to the date which is the earlier of (A) the date which is ten (10) days following the Delivery Termination Date (as may be so extended) or (B) the date upon which Landlord tenders possession of the Premises to Tenant. The termination right afforded to Tenant under this Section 2.2 shall be Tenant’s sole and exclusive remedy for Landlord’s failure to tender possession of the Premises to Tenant on or before the Delivery Termination Date, as it may be extended as provided hereinabove. Time is of the essence for the delivery of Tenant’s termination notice under this Section 2.2; accordingly, if Tenant fails to timely deliver such notice, Tenant’s right to terminate this Lease shall expire and be of no further force or effect as of the date Tenant fails to timely deliver such termination notice. If Tenant properly and timely terminates this Lease pursuant to this Section 2.2, then Landlord shall promptly refund to Tenant any prepaid Rent and Security Deposit previously paid to Landlord by Tenant under this Lease.
Delay in Delivery of Premises. If the Landlord is delayed in delivering the Premises to the Tenant by the date provided for in this Lease, the Landlord and the Tenant agree that the Commencement Date shall be deferred by the number of days of such delay but the Term will remain as set out in this Lease. The Landlord or its agent shall provide to the Tenant written notice of any such delay before it occurs. The Tenant shall accept the above deferral of the Commencement Date as full compensation for the delay and the Landlord shall have no further liability arising from it. The Tenant shall upon request execute a lease amending agreement documenting such deferral, if any.
Delay in Delivery of Premises. If Substantial Completion of the Tenant Improvements has not occurred by the Outside Date, as defined in Section 2.4.1, Tenant's sole remedy, in addition to those stated in Section 3.1, shall be to terminate this Lease as provided in this Section 2.4.
Delay in Delivery of Premises. If Landlord is unable to deliver possession of the Premises to Tenant on or before the Commencement Date, Landlord shall not be subject to any liability for its failure to do so. Subject to the termination right set forth below, this failure shall not affect the validity of this Lease or the obligations of Tenant under it, but the Term shall commence on the date on which Landlord delivers possession of the Premises to Tenant. If, for any reason other than a delay caused in whole or in part by Tenant, the Premises are not delivered to Tenant within three (3) months after the date set forth in Paragraph 5(b) of the Fundamental Lease Provisions, Tenant, as its sole right and remedy, shall have the option of terminating this Lease, without further obligation or liability on the part of either party, by delivering written notice of termination to Landlord at any time after such date and before the Premises are delivered. Upon such termination, any deposits previously made by Tenant shall be promptly returned.
Delay in Delivery of Premises. If Landlord is unable to deliver possession of the Premises to Tenant on or before the Lease Commencement Date, Landlord shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease or the obligations of Tenant under it, but the Lease Term shall commence on the date on which Landlord delivers possession of the Premises to Tenant; provided, however, if the Premises are not delivered to Tenant within ninety (90) days of the scheduled Lease Commencement Date, then Tenant shall have the right to terminate this Lease at any time prior to delivery of the Premises with no liability to Tenant or Landlord.
AutoNDA by SimpleDocs
Delay in Delivery of Premises. Landlord agrees to use its best efforts to cause Completion of Landlord’s Work (as defined in Section 2.05), and delivery of the Premises by February15, 2015. In the event that the Completion of Landlord’s Work under Section 2.05 of this Lease is not accomplished by February 28, 2015, Landlord shall provide Tenant with a rent credit in the amount of $15,000.00 per month. Notwithstanding the foregoing, the February 28, 2015 target date for Completion of Landlord’s Work shall be extended day for day if due to a delay resulting from the occurrence of one or more of the following events (each a “Delay Event”):
Delay in Delivery of Premises. If Lessor is unable to deliver possession of the Premises to Lessee on or before the Commencement Date, Lessor shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease or the obligations of Lessee under it, but the Lease Term shall commence on the date on which Lessor delivers possession of the Premises to Lessee. The Lease Expiration Date shall be extended for a like period plus any additional period required to make the Lease Expiration Date the last day of the calendar month. Lessor shall use its commercially reasonable efforts to enforce its rights to possession of the Premises against any holdover tenant. Notwithstanding the forgoing, if the Tenant Improvements are not Substantially Complete on or before the Commencement Date, Lessee shall be entitled to a rent abatement following the Commencement Date of $1,076.28 per day for every day beginning on the Commencement Date and ending on the date the Tenant Improvements are Substantially Complete. Lessor and Lessee acknowledge and agree that: (i) the determination of Substantial Completion shall take into account the effect of Tenant Delays and the Commencement Date shall be postponed by the number of days the Completion Date is delayed due to events of Force Majeure. If Lessor is unable to deliver possession of the Premises to Lessee by the sixtieth (60th) day following the scheduled Commencement Date (the "Outside Date"), then either Party shall have the right to terminate this Lease by providing the other Party with written notice thereof within five (5) business days following said Outside Date.
Delay in Delivery of Premises. If Landlord is unable to deliver possession of the Premises Landlord shall not have any liability whatsoever to Tenant on account of Landlord’s inability to deliver possession of the Premises to Tenant.
Time is Money Join Law Insider Premium to draft better contracts faster.