Annual Rent and Monthly Installment of Rent. The Annual Rent and Monthly Installment of Rent for the Original Premises only shall remain as per Article 38 of the Lease, through October 31, 2006. Commencing as of the FONS Premises Commencement Date and continuing through October 31, 2006, the Annual Rent and Monthly Installment of Rent for the FONS Premises only shall be as set forth in the following schedule, and commencing as of November 1, 2006 and continuing through the end of the Term as extended, rent for the entire Premises (Original Premises and FONS Premises) shall be as set forth in the following schedule: FPCD 10/31/2006 80,458 $ 6.50 $ 522,977.00 $ 43,581.42 11/1/2006 8/31/2007 111,577 $ 6.50 $ 725,250.50 $ 60,437.54 9/1/2007 8/31/2010 111,577 $ 7.00 $ 781,039.00 $ 65,086.58 “FPCD” is the FONS Premises Commencement Date.
Annual Rent and Monthly Installment of Rent. In addition to Tenant’s obligation to pay Annual Rent and Monthly Installment of Rent of the Current Premises, Tenant shall pay Landlord Annual Rent and Monthly Installment Rent for the Expansion Space as follows: Suite 750 Expansion Effective Date – 8/31/11 6,040 $24.00 $144,960.00 $12,080.00 9/1/11 – 8/31/12 6,040 $24.72 $149,308.80 $12,442.40 9/1/12 – 8/31/13 6,040 $25.46 $153,778.40 $12,814.87 9/1/13 – 4/30/14 6,040 $26.22 $158,368.80 $13,197.40 All such Annual Rent and Monthly Installment of Rent shall be payable by Tenant in accordance with the terms of the Lease, as amended hereby.
Annual Rent and Monthly Installment of Rent. Until the New Space Commencement Date, Tenant shall continue to pay Annual Rent as currently in effect per the Lease, without change, but prorated for the Current Premises up to the New Space Commencement Date, subject however to an holdover rent pursuant to Paragraph 3 of this Amendment. Effective as of the New Space Commencement Date as to the Premises, Annual Rent shall be payable as follows: Year l 18,262 $ 20.00 $ 365,240.00 $ 30,436.67 Year 2 18,262 $ 21.00 $ 383,502.00 $ 31,958.50 Year 3 18,262 $ 22.00 $ 401,764.00 $ 33,480.33 All amounts are net of Tenant electricity, which is for lights, plugs, and variable air volume (VAV) boxes within the Premises, is separately submetered, and is due and payable by Tenant in accordance with Section 13.1 of the Lease. Year 1 is the period beginning on the New Space Commencement Date and ending at the end of the twelfth (12th) full calendar month of the extended Term; Year 2 is the twelve (12) calendar month period immediately following Year 1; and so forth. The actual dates are to be confirmed per Paragraph 10b below.
Annual Rent and Monthly Installment of Rent. 4.1 Schedule for the Third Expansion Space. As of the Third Expansion Space Effective Date, and in addition to Tenant’s obligation to pay Annual Rent and Monthly Installment of Rent for the Original Premises, the schedule of Monthly Installment of Rent and Annual Rent payable with respect to the Third Expansion Space during the Third Expansion Space Term is the following: Months of Term or Period Monthly RentPer Square Foot AnnualRent MonthlyInstallment of Rent All such Monthly Installment of Rent and Annual Rent shall be payable by Tenant in accordance with the terms of the Lease, as amended hereby; provided that concurrent with Tenant’s execution and delivery of this Amendment, Tenant shall pay the sum of $89,096.20 representing (a) the Monthly Installment of Rent payable for the Third Expansion Space for the second (2nd) full calendar month following the Third Expansion Effective Date in an amount equal to $71,296.20, and (b) the estimated Tenant’s Proportionate Share of Expenses and Taxes payable for the Third Expansion Space for the first (1st) full calendar month following the Third Expansion Space Effective Date in an amount equal to $17,800.00. Landlord and Tenant acknowledge that the foregoing schedule recognizes that the Third Expansion Space Effective Date is not known as of the date of this Amendment and, therefore, the number of months from the Third Expansion Space Effective Date to the Third Expansion Space Expiration Date (i.e., January 31, 2018) cannot yet be determined. When the Third Expansion Space Effective Date is known, the schedule set forth above with respect to the Annual Rent and Monthly Installment of Rent for the Third Expansion Space shall be appropriately adjusted on a per diem basis to reflect the actual Third Expansion Space Effective Date and the actual number of months in the Third Expansion Space Term; and the actual Third Expansion Space Effective Date and the actual number of days and months in the Third Expansion Space Term shall be set forth in a confirmation letter to be prepared by Landlord.
Annual Rent and Monthly Installment of Rent. Effective as of the Extension Term Commencement Date, in the section of the Lease entitled “Reference Pages,” the subsection thereof in which the term “Annual Rent and Monthly Installment of Rent” is defined, is hereby amended to read as follows: August 1, 2023 September 30, 2023 20,445 **$ 0.00 **$ 0.00 **$ 0.00 October 1, 2023 July 31, 2024 20,445 $ 72.89 $ 1,490,236.05 $ 124,186.34 August 1, 2024 July 31, 2025 20,445 $ 74.69 $ 1,527,037.05 $ 127,253.09 August 1, 2025 July 31, 2026 20,445 $ 76.54 $ 1,564,860.30 $ 130,405.03 August 1, 2026 July 31, 2027 20,445 $ 78.45 $ 1,603,910.25 $ 133,659.19 August 1, 2027 July 31, 2028 20,445 $ 80.42 $ 1,644,186.90 $ 137,015.58 *Includes an estimated $12.89 per square foot of Base Year Expenses and Base Year Taxes. ** Notwithstanding anything to the contrary set forth above, Tenant shall pay for its utilities, Tenant’s Proportionate Share For Expenses and Taxes for the period from August 1, 2023 through September 30, 2023 (the “Extension Term Annual Rent Abatement Period”) in accordance with the terms and provisions of this Lease; provided, that, if a monetary Event of Default occurs, the abatement of Annual Rent during the Extension Term Annual Rent Abatement Period shall immediately cease and Tenant shall be obligated to pay the full amount of the Monthly Installments of Rent that would otherwise be due during the Extension Term Annual Rent Abatement Period at the rate of $124,186.34 per month.
Annual Rent and Monthly Installment of Rent. In the section of the Lease entitled “Reference Pages,” the subsection thereof in which the term “ANNUAL RENT AND MONTHLY INSTALLMENT OF RENT” is defined is hereby amended by adding the following to the end thereof: 10/01/13 09/30/14 36,799 $ 22.50 $ 827,977.50 $ 68,998.13 First Amendment to Lease
Annual Rent and Monthly Installment of Rent. (Article 3
Annual Rent and Monthly Installment of Rent. Commencing as of the Additional Space Commencement Date and continuing through the end of the Term and through the renewal option term (April 1, 2008 through March 31, 2013, if Tenant properly and effectively exercises its renewal option under Article 40 of the Lease, rent for the entire Premises shall be as set forth in the following schedule: ASCD 3/31/2003 51,260 $ 19.06 $ 977,015.60 $ 81,417.97 4/1/2003 3/31/2004 51,260 $ 19.63 $ 1,006,233.80 $ 83,852.82 4/1/2004 3/31/2005 51,260 $ 20.22 $ 1,036,477.20 $ 86,373.10 4/1/2005 3/31/2006 51,260 $ 20.83 $ 1,067,745.80 $ 88,978.82 4/1/2006 3/31/2007 51,260 $ 21.45 $ 1,099,527.00 $ 91,627.25 4/1/2007 3/31/2008 51,260 $ 22.09 $ 1,132,333.40 $ 94,361.12 4/1/2008 3/31/2009 51,260 $ 22.75 $ 1,166,165.00 $ 97,180.42 4/1/2009 3/31/2010 51,260 $ 23.43 $ 1,201,021.80 $ 100,085.15 4/1/2010 3/31/2011 51,260 $ 24.14 $ 1,237,416.40 $ 103,118.03 4/1/2011 3/31/2012 51,260 $ 24.86 $ 1,274,323.60 $ 106,193.63 4/1/2012 3/31/2013 51,260 $ 25.61 $ 1,312,768.60 $ 109,397.38 “ASCD” is the Additional Space Commencement Date.
Annual Rent and Monthly Installment of Rent. Commencing as of the Second Additional Space Commencement Date and continuing through the end of the Term and through the renewal option term (April 1, 2008 through March 31, 2013, if Tenant properly and effectively exercises its renewal option under Article 40 of the Lease, rent for the entire Premises shall be as set forth in the following schedule: SASCD 3/31/04 53,867 $ 19.63 $ 1,057,409.21 $ 88,117.43 4/1/04 3/31/05 53,867 $ 20.22 $ 1,089,190.74 $ 90,765.90 4/1/05 3/31/06 53,867 $ 20.83 $ 1,122,049.61 $ 93,504.13 4/1/06 3/31/07 53,867 $ 21.45 $ 1,155,447.15 $ 96,287.26 4/1/07 3/31/08 53,867 $ 22.09 $ 1,189,922.03 $ 99,160.17 4/1/08 3/31/09 53,867 $ 22.75 $ 1,225,474.25 $ 102,122.85 4/1/09 3/31/10 53,867 $ 23.43 $ 1,262,103.81 $ 105,175.32 4/1/10 3/31/11 53,867 $ 24.14 $ 1,300,349.38 $ 108,362.45 4/1/11 3/31/12 53,867 $ 24.86 $ 1,339,133.62 $ 111,594.47 4/1/12 3/31/13 53,867 $ 25.61 $ 1,379,533.87 $ 114,961.16 “SASCD” is the Second Additional Space Commencement Date.
Annual Rent and Monthly Installment of Rent. Until November 1, 2009, rent shall continue to be calculated as per the unmodified Lease. Commencing as of November 1, 2009 and continuing through the end of the Term as extended, rent for the Premises shall be calculated as set forth in the following schedule: 11/1/2009 10/31/2010 98,652 $ 4.80 $ 473,529.60 $ 39,460.80 11/1/2010 10/31/2011 98,652 $ 4.90 $ 483,394.80 $ 40,282.90
