Common use of Additional Allowance Clause in Contracts

Additional Allowance. Tenant shall, but only if so elected by Tenant in writing prior to the Lease Commencement Date, be entitled to a one-time improvement allowance in an amount not to exceed Seven Hundred Nine Thousand Six Hundred and 00/100 Dollars ($709,600.00, i.e., $25.00 per each of the rentable square feet of the Premises) (the “Improvement Allowance”) to pay for any Tenant Changes. In the event Tenant exercises its right to use all or any portion of the Improvement Allowance, the initial monthly installment of Base Rent for the Premises (as otherwise set forth in Section 4 of the Summary of Basic Lease Information) shall be increased by an amount equal to the “Additional Monthly Base Rent,” as that term is defined hereinbelow. The “Additional Monthly Base Rent” shall be the sum of an amount equal to the missing component of an annuity, which annuity shall have (i) such actual amount of the Improvement Allowance utilized by Tenant as the present value amount, (ii) seventy (70) as the number of payments, and (iii) 0.006667, which is equal to eight percent (8%) divided by twelve (12) months per year, as the monthly interest factor. In the event Tenant uses any portion of the Improvement Allowance, then Landlord and Tenant shall promptly execute an amendment to this Lease setting forth, to the extent applicable, the amount of the Improvement Allowance and the Additional Monthly Base Rent computed in accordance with this Section 2.1.1.

Additional Allowance. In addition to the 6310 Expansion Premises Improvement Allowance set forth in Section 2.1.1, above, Tenant shall, but only if so elected by Tenant in writing prior to the Lease Commencement Datedate upon which Tenaxx xxxmences to construct the Improvements in the 6310 Initial Premises or the 6310 Must-Take Premises (as applicable), be entitled to a one-time improvement additional allowance in an amount not to exceed Seven Hundred Nine Thousand Six Hundred Ten and 00/100 Dollars ($709,600.00, i.e., $25.00 10.00) per rentable square foot of each of the rentable square feet of 6310 Initial Premises and the Premises) 6310 Must-Take Premises (the “Improvement Additional Allowance”) to pay be used solely for any Tenant Changeshard costs in the construction of the Improvements. In the event Tenant exercises its right to use all or any portion of the Improvement Additional Allowance, the initial monthly installment Monthly Installment of Base Rent for the applicable 6310 Initial Premises or the 6310 Must-Take Premises (as otherwise set forth in Section 4 of the Summary of Basic Lease Information, as amended by Section 4.2 of this First Amendment) shall be increased by an amount equal to the “Additional Monthly Base Rent,” (defined below) applicable to the 6310 Initial Premises or the 6310 Must-Take Premises (as that term is defined hereinbelowthe case may be). The “Additional Monthly Base Rent” shall be mean either (A) to the sum extent the Additional Allowance is applicable to the construction of Improvements in the 6310 Initial Premises, an amount equal to the missing component of an annuity, which annuity shall have (i) such actual amount of the Improvement Additional Allowance (if any) utilized by Tenant in connection with the construction of the Improvements in the 6310 Initial Premises (expressed as a total amount up to Ten and 00/100 Dollars ($10.00)/per rentable square foot (e.g., Three Hundred Sixty-Four Thousand Four Hundred Forty and 00/100 Dollars ($364,440.00)) as the present value amount, (ii) seventy seventy-two (7072) as the number of payments, and (iii) 0.0066670.81, which is equal to eight nine percent and three quarters (89.75%) divided by twelve (12) months per year, as the monthly interest factor. In the event Tenant uses any portion of the Improvement Allowance, then Landlord and Tenant shall promptly execute an amendment to this Lease setting forth, or (B) to the extent applicablethe Additional Allowance is applicable to the construction of Improvements in the 6310 Must-Take Premises, an amount equal to the missing component of an annuity, which annuity shall have (i) such actual amount of the Improvement Additional Allowance (if any) utilized by Tenant in connection with the construction of the Improvements in the 6310 Must-Take Premises (expressed as a total amount up to Ten and 00/100 Dollars ($10.00)/per rentable square foot (e.g., Two Hundred Fifty Nine Thousand Seven Hundred Ten and 00/100 Dollars ($259,710.00)) as the Additional Monthly Base Rent computed in accordance with this Section 2.1.1present value amount, (ii) a whole number which is equal to the number of full calendar months during the 6310 Must-Take Premises Term, and (iii) 0.81, which is equal to nine and three quarters percent (9.75%) divided by twelve (12) months per year, as the monthly interest factor.

Additional Allowance. Tenant shall, but only if so elected by Tenant in writing prior In addition to the Lease Commencement DateInitial Improvement Allowance set forth in Section 1.1, above, Tenant may, upon prior written notice to Landlord given on or before the date upon which the "Cost Proposal" (as that term is defined in Section 4.2 of this Work Letter) is delivered to Tenant, elect to cause the Improvement Allowance to be entitled to a one-time improvement allowance in increased by an amount not (the "Additional Allowance") set forth in such notice. Any such resulting Additional Allowance shall (i) be an amount equal to an even number of United States Dollars (as opposed to fractions of United States Dollars), and (ii) in no event exceed Seven Hundred Nine Thousand Six Hundred the product of (A) Five and 00/100 Dollars ($709,600.005.00), i.e., $25.00 per each and (B) the number of the rentable square feet of the PremisesPremises (i.e., an amount anticipated to equal One Hundred Forty-Three Thousand One Hundred Sixty-Five and 00/100 Dollars ($143,165.00) (based upon 28,633 rentable square feet, which square footage is subject to confirmation pursuant to the “Improvement Allowance”) to pay for any Tenant ChangesTCCs of Section 1.2 of the Lease). In the event Tenant exercises its right to use all or any portion of the Improvement Additional Allowance, the initial monthly installment Initial Monthly Installment of Base Rent for the Premises (as otherwise set forth in Section 4 of the Summary of Basic Lease Information) shall be increased by an amount equal to the “"Additional Monthly Base Rent,” " as that term is defined hereinbelowbelow. The “"Additional Monthly Base Rent” " shall be the sum of an amount equal to the missing component of an annuity, which annuity shall have (i) such actual amount of the Improvement Additional Allowance utilized by Tenant (expressed as a total amount up to Five and 00/100 Dollars ($5.00)/per rentable square foot (e.g., One Hundred Forty-Three Thousand One Hundred Sixty-Five and 00/100 Dollars ($143,165.00)) as the present value amount, (ii) seventy sixty (7060) as the number of payments, and (iii) 0.006667seventy-five hundredths of a percent (0.75%), which is equal to eight nine percent (89%) divided by twelve (12) months per year, as the monthly interest factor. In the event Tenant uses any portion of the Improvement Allowance, then Landlord and Tenant shall promptly execute an amendment to this Lease setting forth, to the extent applicable, the amount of the Improvement Allowance and the Additional Monthly Base Rent computed in accordance with this Section 2.1.1.