Examples of Term Commencement Date in a sentence
In consideration of the Rent, covenants, and agreements reserved and contained in this Lease, which Rent, covenants, and agreements are to be paid, observed, and performed by the Tenant, the Landlord does hereby demise and lease unto the Tenant the Premises and the Tenant does hereby lease from the Landlord the Premises, TO HAVE AND TO HOLD from the Term Commencement Date for and during the Term, unless sooner terminated as hereinafter provided.
Lessee shall, on the expiration or earlier termination of the Lease Term, surrender to Lessor the Land free of all claims, liens, and encumbrances, leases, tenancies and rights of occupancy of all parties and in substantially the same condition and repair as the same were in at the Term Commencement Date, reasonable wear and tear excepted.
The Term of this Lease shall be for the initial term of two (2) years, beginning on the Term Commencement Date, and subject to earlier termination or renewal on the terms and conditions as set out herein.
As of the Term Commencement Date, the parties acknowledge and agree that Xxxxxx delivered the Building in compliance with all governmental codes, regulations and requirements and in good condition.