Additional Subleased Premises Clause Samples
The "Additional Subleased Premises" clause defines the terms under which the subtenant may lease extra space beyond the original subleased area. This clause typically outlines the process for identifying, offering, and accepting additional premises, including any required approvals, rent adjustments, or timeframes for exercising such an option. Its core function is to provide flexibility for the subtenant to expand their leased space as their needs grow, while ensuring both parties have clear expectations and procedures for such expansions.
Additional Subleased Premises. (A) Sublessor shall sublease to Sublessee, and Sublessee shall hire from Sublessor, a portion of the rentable space on the 9th Floor of the Building as more fully shown on Exhibit D attached hereto and made a part hereof (the "Additional Subleased Premises"), subject to and in accordance with the provisions of this paragraph 32, commencing on July 15, 1996 (the "Additional Subleased Premises Commencement Date"), and ending on the Expiration Date, or on such earlier date upon which this Sublease may expire or be cancelled or terminated pursuant to any of the conditions or covenants of the Lease or this Sublease or pursuant to law. From and after the Additional Subleased Premises Commencement Date, the Additional Subleased Premises shall be added to and included in the Subleased Premises, and except as otherwise provided in this paragraph 32, all of the terms and conditions of this Sublease shall be applicable to the subleasing of the Additional Subleased Premises.
(B) Sublessee waives (i) any right to rescind this Sublease under Section 223-a of the Real Property Law of the State of New York (or any other law of like import, now or hereafter in force) and (ii) the right to recover any damages resulting from Sublessor's failure to deliver possession of the Additional Subleased Premises by the Additional Subleased Premises Commencement Date, for any reason whatsoever. No such failure shall (y) affect the validity of this Sublease or the obligations of Sublessee hereunder or (z) give rise to any claim by Sublessee for damages or for rescission of this Sublease.
(C) The termination of this Sublease shall also terminate and render void all rights of Sublessee under this paragraph 32. Sublessee's rights under this paragraph 32 may not be severed from this Sublease or separately sold, separately assigned or separately transferred.
(k) Exhibits D and E hereto shall be deemed to be annexed to the Sublease as Exhibit D and E thereto, respectively, and made a part thereof.
Additional Subleased Premises. Section 1 of the Sublease is hereby amended by adding the following language to the end of the Section: On and subject to the terms and conditions contained herein, as amended, Netscape hereby agrees to lease to Subtenant, and Subtenant hereby agrees to lease from Netscape, an additional 30,607 rentable square feet of space in the Premises, as indicated on Exhibit C attached hereto and incorporated herein by this reference (the "Additional Subleased Premises").
Additional Subleased Premises. Effective as of the Effective Date (as defined below), the Additional Subleased Premises shall be added to the premises covered by the Sublease. Commencing on the Effective Date, all references in the Sublease Agreement to the “Sublease Premises” shall be deemed to include the Additional Sublease Premises, and Subtenant’s lease of the Additional Sublease Premises shall be on all of the terms, covenants and conditions of the Existing Sublease applicable to the Original Sublease Premises, except as hereinafter provided. Tenant and Subtenant hereby stipulate for all purposes of the Sublease Agreement that the Additional Sublease Premises contain 4,963 rentable square feet. The “Effective Date” shall occur (and such date shall be the Commencement Date with respect to the Additional Sublease Premises) on the later of: (a) the date of receipt of the Landlord Consent (as defined below), provided that such Landlord Consent need not include approval to the removal of walls described in Section 7(c) below; and (b) receipt of a closure letter from the County of San Mateo in a form acceptable to Genomic and approved by Tenant.
Additional Subleased Premises. From and after August 1, 2016, Sublessor agrees to sublet to Sublessee an additional 932.1 square feet of office space on the second floor. Combined with the previous subleased space consisting of the Amended 2nd Floor Portion, the additional subleased premises brings the combined total of subleased square feet to 9,717 (aka Suite 200), representing approximately 2.17% of the common space (building rentable area is 447,917 square feet), as set forth in Schedule A.
Additional Subleased Premises. Paragraph 2 of the Sublease is hereby amended to add to the Subleased Premises 8,418 rentable square feet on the third floor of the Building, as
Additional Subleased Premises