10th Floor Premises Sample Clauses
10th Floor Premises. March 1, 2018, subject to Section 6 of Exhibit D.
10th Floor Premises a. The parties acknowledge, and Landlord represents, that the 10th Floor Premises is currently vacant and that the lease with the prior tenant thereof has been terminated.
b. Within two (2) business days after the full execution and delivery of this Fifth Amendment by the parties hereto, Landlord shall deliver the 10th Floor Premises to Tenant, and Tenant shall accept the 10th Floor Premises, in broom clean, but in all other respects its “AS IS” condition, on such delivery date. The actual date of Landlord’s delivery of the 10th Floor Premises to Tenant is referred to herein as the “10th Floor Premises Actual Delivery Date”. Upon delivery of the 10th Floor Premises to Tenant, Landlord and Tenant shall execute a memorandum confirming the 10th Floor Premises Actual Delivery Date. Notwithstanding the foregoing, if the 10th Floor Premises Actual Delivery Date has not occurred on or before March 1, 2017, then for each day thereafter Tenant shall receive a rent credit against Base Rent in the amount of $2,176.00 per day. Notwithstanding the foregoing, if the 10th Floor Premises Actual Delivery Date has not occurred on or before July 1, 2017, then Tenant shall have the right to terminate this Fifth Amendment by written notice to Landlord of such election to terminate delivered at any time after July 1, 2017, but prior to Landlord’s delivery of the 10th Floor Premises to Tenant, in which event all of the terms and provisions of this Fifth Amendment shall be deemed null and void.
c. Landlord shall have no obligation to perform any modifications or improvements to the 10th Floor Premises, which Tenant shall accept “AS IS”, nor to provide Tenant any funds or allowance to perform any modifications or improvements thereto. In the event Tenant desires to perform any alterations or improvements to the 10th Floor Premises, then the provisions of Section 8 of the Lease shall apply thereto. Notwithstanding the foregoing, Landlord shall deliver the 10th Floor Premises with all building systems serving the 10th Floor Premises, including, without limitation, electrical, mechanical, plumbing and HVAC, in good working condition.
d. The Commencement Date of the Lease as it pertains to the 10th Floor Premises (the “10th Floor Premises Commencement Date”) shall be the date which is exactly one (1) month after the 10th Floor Premises Actual Delivery Date. During the time period between the 10th Floor Premises Actual Delivery Date and the 10th Floor Premises Commencement Date, Tenant...
