Example ContractsClausesCertificate of Occupancy
Certificate of Occupancy
Certificate of Occupancy contract clause examples

Certificate of Occupancy; Licenses. All certifications, permits, licenses and approvals, including without limitation, certificates of completion and occupancy permits required for the legal use, occupancy and operation of the Property as set forth in [Section 3.1.26] of this Agreement (collectively, the “Licenses”), have been obtained and are in full force and effect. shall keep and maintain all Licenses necessary for such operation of the Property (including those issued upon Completion of the Project).

Permits, Certificate of Occupancy. Except as provided below, Landlord shall obtain all necessary permits in connection with the Landlord Work. On or before the date Landlord tenders delivery of the Expansion Space to Tenant, Landlord agrees to obtain all final inspection approvals which are required for Landlord to deliver the Expansion Space to Tenant with the Landlord Work completed, and that can be obtained by Landlord prior to Tenant installing its fixtures, furniture and equipment. Tenant shall be responsible for applying for and obtaining all permits required for Tenant to perform the Tenant Work.

Occupancy. Once the Phase 1 [[Organization B:Organization]] Improvements are completed and a certificate of occupancy has been issued by the City of Eden Prairie, [[Organization B:Organization]] may occupy the Phase 1 Expansion Space.

Occupancy. If at any time Tenant occupies less than # one (1) full floor during any period preceding the last day of the 39th full calendar month following the Term Commencement Date, # two (2) full floors during the period commencing on the first day of the 40th calendar month following the Term Commencement Date and ending on the last day of the 63rd full calendar month, or # the entirety of the Premises during the remaining Term, the rights of Tenant pursuant to this Paragraph 42 shall automatically terminate and be of no further force or effect. Upon such termination, Landlord shall not be obligated thereafter to deliver an Offering Notice.

OCCUPANCY. If LESSEE takes possession of the premises prior to the commencement of this lease, LESSEE shall perform all terms of this lease from the date it takes possession. LESSOR may require LESSEE at LESSEE’S expense to relocate to another similar premises (which shall be within the same municipality as the current premises, unless *LESSEE is not regularly occupying the premises) at any time upon written notice to LESSEE and on terms comparable to those herein. If any of LESSEE parties occupies, controls, or encumbers any part of the premises without LESSOR’S written permission after the termination of this lease or otherwise beyond the period specified by LESSOR in writing, LESSEE shall be liable to LESSOR for any and all loss, damages, and/or expenses incurred by LESSOR, including consequential damages, and all terms of this lease shall continue to apply, except that use and occupancy payments shall be due in full monthly installments at a rate which shall be two times the greater of the monthly rent due under this lease for the immediately preceding calendar month or LESSOR’S then-current published one-year rental rate for the premises, it being agreed that such extended occupancy is a tenancy at sufferance, solely for the benefit and convenience of LESSEE and of greater rental value. The occupancy, control, or encumbrance of any part of the premises by any of LESSEE parties beyond noon on the last day of any rental period shall constitute occupancy for an entire additional month, and increased payment as provided in this section shall be immediately due and payable. LESSOR’S acceptance of any payments shall not alter LESSEES status as a tenant at sufferance.

Minimum Occupancy. The Aggregate Occupancy Rate of the Unencumbered Properties shall not be less than eighty five percent (85%) at any time; provided that no Event of Default shall be deemed to have occurred under this §8.9(a) unless the Borrower shall have failed to cure such breach within ninety (90) days of the occurrence thereof, including, without limitation, by adding Unencumbered Properties pursuant to §5.1 or releasing Unencumbered Properties in accordance with §5.2;

Ready for Occupancy. The Premises shall be deemed “Ready for Occupancy” upon the Substantial Completion of the ’s Work and the Improvements. For purposes of this Lease, “Substantial Completionof # the Improvements shall occur upon the completion of construction of the Improvements in the Premises pursuant to the TI Construction Documents, and # the ’s Work shall occur upon the completion of construction of the ’s Work pursuant to the Base Building

Term/Early Occupancy. The term ("Term") of this Sublease shall commence on the later of # December 1, 2021, # the date of Landlord’s approval of this Sublease, and # (unless waived by Subtenant in writing) the date on which Sublandlord delivers the Subleased Premises to Subtenant in vacant broom clean condition (except for agreed FF&E, as defined below) and otherwise in the condition described in the first (1st) sentence of Paragraph 4 hereof (the “Required Condition”) (the "Commencement Date"). This Sublease shall terminate on the earliest to occur of # the date twenty four (24) months following the Commencement Date (the "Expiration Date"), # the date this Sublease is sooner terminated pursuant to its terms, or # the date the Master Lease is sooner terminated pursuant to its terms. Sublandlord agrees to cooperate with Subtenant to allow Subtenant access to the Subleased Premises, if possible, prior to the Commencement Date ("Early Occupancy Period") to allow Subtenant to install and set up furniture, fixtures and equipment (the “FF&E”). Sublandlord, Subtenant and Sublandlord’s contractor shall work together to coordinate such early access. During such Early Occupancy Period, Subtenant shall be subject to all of the terms and conditions of this Sublease except for the payment of Base Rent and Additional Rent.

Compliance Certificate; Collateral Value Certificate. Together with the financial statements required under Sections 7.1(A) and (B):

The Buyer shall have received a certificate of an officer of the Company, in a form reasonably acceptable to Buyer, dated the Closing Date, certifying that the conditions set forth in [Sections 7.1, 7.2, 7.4, 7.6, 7.7, 7.9, 7.11, 7.12, 7.13, and 7.15]5]5]5]5]5]5]5]5] have been fulfilled.

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