Examples of Latest Commencement Date in a sentence
Lessor’s obligation to purchase and lease the Equipment is subject to the Acceptance Date being on or before the Latest Commencement Date.
Latest Commencement Date: Notwithstanding any other Plan provision to the contrary, benefits for a Participant or Beneficiary shall commence no later than April 1 of the calendar year following the later of the calendar year in which the Participant attains age 72 (or 70 ½ if the Participant was born before July 1, 1949), or the calendar year in which the Participant retires.
The Data Sheet provides that the Latest Commencement Date is one hundred twenty (120) days after the latest to occur of (a) the date that Landlord tenders possession of the Premises to Tenant, (b) the date Landlord approves Tenant’s Plans and Specifications, and (c) the date Tenant obtains its building permit for Tenant’s Plans and Specifications.
Tenant’s obligation for the payment of Base Rent and Additional Rent shall commence on the date (the “Rent Commencement Date”) which is the earlier to occur of (a) the date Tenant opens its store in the Premises for business to the public; or (b) the Latest Commencement Date set forth in the Data Sheet.
Refer to CDWG Quote Attached Make/Model TERM AND LEASE PAYMENT Lease Term (Months) 60 Lease Payment $18,110.16 (Includes PPT) Documentation Fee N/A Payment Timing (Check one) Advance Arrears Plus Applicable SCHEDULE Additional Provisions: N/A Latest Commencement Date October 31, 2018 Payment Frequency (Check one) Monthly Quarterly Other Annually Taxes PART I You agree to lease the equipment described above (collectively, “Equipment”) on the terms and conditions of this lease agreement (“Lease”).
If the Commencement Date has not occurred on or before the Latest Commencement Date, this Agreement shall terminate on the first Business Day following the Latest Commencement Date.
On March 16, 2020, Beach sent Diamond Offshore an “execution” version of the Third Amendment, which would delay the Latest Commencement Date to April 15, 2020.
Lessor’s obligation to purchase and leasethe Equipment is subject to the Acceptance Date being on or before the Latest Commencement Date.
The Latest Commencement Date was later extendedto April 1, 2020, and, more recently, the parties negotiated—and Diamond executed—a further extension of the Latest Commencement Date to April 15, 2020.
Although the Drilling Agreement specified how the Ocean Onyx would be configured, Beach requested substantial ad hoc modifications throughout 2019 and took various other actions that caused significant delays, thereby jeopardizing Diamond Offshore’s ability to deliver the Ocean Onyx by the Latest Commencement Date.