Example ContractsClausesacknowledgment of commencement dateVariants
Acknowledgment of Commencement Date
Acknowledgment of Commencement Date contract clause examples

Commencement Date. The Commencement Date shall be the Substantial Completion Date, as defined in Section 3.3(e). Notwithstanding the foregoing, if Tenant’s personnel shall occupy all or any part of the Premises for the conduct of its business prior to the Commencement Date as determined pursuant to the preceding sentence, such date of conduct of business shall, for all purposes of this Lease, be the Commencement Date. For clarity, Tenant’s personnel may perform tasks designed to prepare the Premises for occupancy, such as IT functions, which will not be deemed conduct of business for purposes of this Section 3.1.

The term “Commencement Date” shall mean the day following the Substantial Completion Date (as defined in Section 6.2). If the “Commencement Date” is a date certain agreed upon by the parties at the time of the execution of this Lease, such date shall be as set forth in Section 1.2; otherwise, the “Commencement Date” is the date on which the Premises are ready for Tenant’s occupancy (as defined in Article 6).

In the event the Tenant takes possession of, or occupies, the Leased Premises for the conduct of business earlier than the Substantial Completion Date, the Commencement Date shall be the first date of such earlier taking of possession or occupancy, as adjusted to an earlier date to compensate the Landlord for the cumulative number of days of Tenant Delay. Tenant entering the Premises to install tenant improvements, fixtures and furniture shall not constitute taking possession or occupancy.

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