BASIC LEASE TERMS. The following terms shall have the following meanings in this Lease: Premises: Approximately 75,724 rentable square feet of space comprising the entire fifteenth (15th), sixteenth (16th), seventeenth (17th) and thirtieth (30th) floors of the Building (described in Section 1.b., below), as outlined on the floor plan attached hereto as Exhibit A. Building: Xxxx Xxxxx Building, One South Street, Baltimore, Maryland (the "Building"). Commencement Date: January 1, 2012 Term: Six (6) years Initial Annual Base Rent*: $2,129,400.96 per annum $177,450.08 per month Base Year (Operating Expenses): Base Year (Real Estate Taxes): Calendar Year 2011 The period July 1, 2010 thorough June 30, 2011, inclusive Tenant's Pro Rata Share (Operating Expenses): 16.65%* Tenant's Pro Rata Share (Real Estate Taxes): 15.86%* To Landlord: With a copy to: ABB South Street Associates, LLC 000 Xxxxxxxx Xxxxxx Xxxxx 000 Xxxxx, Xxxxxxx 00000 Attention: Chief Operating Officer ABB South Street Associates, LLC c/o ACP Mid-Atlantic, LLC, as Agent 0000 Xxxxxxxxx Xxxx Xxxxx Xxxxx 000 Xxxxxxx, Xxxxxxxx 00000 Attention: Asset Manager And a copy to: Holland & Knight llp 0000 Xxxxxxxxxxxx Xxxxxx, X.X. Xxxxx 000 Xxxxxxxxxx, X.X. 00000 Attention: Xxxxx X. Xxxx, Esquire To Tenant: At the Premises With a copy to: Xxxxxx, Xxxxxxxx & Company, Incorporated One Financial Plaza 000 X. Xxxxxxxx Xx. Xxxxx, XX 00000 Attention: Chief Financial Officer And a copy to: Xxxxxx, Xxxxxxxx & Company, Incorporated One Financial Plaza 000 X. Xxxxxxxx Xx. Xxxxx, XX 00000 Attention: Office of General Counsel Extension Options: Two (2) five (5) year options
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BASIC LEASE TERMS. The following This Section sets forth certain basic terms shall have of this Lease for reference purposes. This Section is to be read in conjunction with the following meanings in other provisions of this Lease. Additional Rent Initial Estimated: Premises$6,203.10/month ($.29/rsf) Leased Premises (See ss. 2) Business Park Quadrant Monte Villa Center Parkixx (Xxx xx. 04) Approx. 75 stalls (3.5 stalls/ 1,000 rsf) Building Name Creekside Building Address 24000 35th Ave SE Brokers (See ss. 36) Bothexx, XX 00000 For Tenant: Approximately 75,724 rentable square feet of space comprising the entire fifteenth Pacific Real Estate Partners For Landlord: Pacific Real Estate Partners Rentable Sq. Ft. Approx. 21,390 "rsf" Rent; Prepaid Rent; Security Deposit Addresses for Notices (15th), sixteenth See ss. 29) (16th), seventeenth (17thSee ss. 5 and 6) and thirtieth (30th) floors of the Base Monthly Rent: Landlord: Commencement Date- Creekside Building (described in Section 1.b., below), as outlined on the floor plan attached hereto as Exhibit A. Building: Xxxx Xxxxx Building, One South Street, Baltimore, Maryland (the "Building"). LLC Rent Commencement Date: January 1, 2012 Term: Six (6) years Initial Annual Base Rent*: $2,129,400.96 per annum $177,450.08 per month Base Year (Operating Expenses): Base Year (Real Estate Taxes): Calendar Year 2011 The period July 1, 2010 thorough June 30, 2011, inclusive Tenant's Pro Rata Share (Operating Expenses): 16.65%* Tenant's Pro Rata Share (Real Estate Taxes): 15.86%* To Landlord: With a copy to: ABB South Street Associates, LLC 000 Xxxxxxxx Xxxxxx Xxxxx 000 Xxxxx, Xxxxxxx 00000 Attention: Chief Operating Officer ABB South Street Associates, LLC 0.00 c/o ACP Mid-AtlanticQuadrant/KMS Mgmt. Services Xxxxxxxx Xxxxx, LLC, as Agent 0000 Xxxxxxxxx Xxxx Xxxxx Xxxxx 000 XxxxxxxXxxx Xxxxxxxxxxxx Xxxx - X.X. 0xx Xxxxxx xx 000th Ave. NE Month 36:$24,598.50($ 1.1 5/rsf) Xxxxxxxx, Xxxxxxxx 00000 AttentionWA 98004 Month 37 - 60:$27,379.20($1.28/rsf) Tel: Asset Manager And a copy to420-000-0000 Xxxxx 01 - 72:$29,090.40($1.36/rsf) Fax: Holland & Knight llp 425-646-0000 Xxxxxxxxxxxx Xxxxxx, X.X. Xxxxx 000 Xxxxxxxxxx, X.X. 00000 AttentionAttn: Xxxxx X. Xxxx, Esquire To Tenant: At the Premises With a copy toWally Cxxxxxxx Xxxxaid Rent: Xxxxxx: $0.00 for month N/A Pacific Aerospace & Electronics, Xxxxxxxx & Company, Incorporated One Financial Plaza 000 X. Xxxxxxxx Xx. XxxxxInc. $0.00 for month N/A 434 Olds Station Road Wenaxxxxx, XX 00000 AttentionXxxxxxxx Xxxxxxx: Chief Financial Officer And a copy to$00,000.00 Xxx: Xxxxxx, Xxxxxxxx & Company, Incorporated One Financial Plaza 000 000-000-0000 Fax: 509-664-0000 Attn: Sheryl X. Xxxxxxxx XxXxxxxxx Term (Sxx xx. Xxxxx, XX 00000 Attention: Office of General Counsel Extension Options: Two (2) five (5) year options0)
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BASIC LEASE TERMS. The following This Section sets forth certain basic terms shall have of this Lease for reference purposes. This Section is to be read in conjunction with the following meanings in other provisions of this Lease; provided, however, to the extent of any inconsistency between this Section and the other provisions of this Lease, this Section shall control. Lease Premises (see Section 2): Address: Premises: Approximately 75,724 rentable square feet of space comprising the entire fifteenth 00000 X.X. 00xx Xxxxx Xxxxxxx XX 00000 Rentable Sq. Ft. (15th), sixteenth "RSF"): 78,676 Rent (16th), seventeenth See sections 5 and 6): Brokers (17thSee Section 36) and thirtieth (30th) floors of the Building (described in Section 1.b., below), as outlined on the floor plan attached hereto as Exhibit A. Building: Xxxx Xxxxx Building, One South Street, Baltimore, Maryland (the "Building"). Commencement Date: January 1, 2012 Term: Six (6) years Initial Annual Base Monthly Rent*: $2,129,400.96 per annum $177,450.08 per month Base Year (Operating Expenses): Base Year (Real Estate Taxes): Calendar Year 2011 The period July 1, 2010 thorough June 30, 2011, inclusive Tenant's Pro Rata Share (Operating Expenses): 16.65%* Tenant's Pro Rata Share (Real Estate Taxes): 15.86%* To Landlord: With a copy to: ABB South Street Associates, LLC 000 Xxxxxxxx Xxxxxx Xxxxx 000 Xxxxx, Xxxxxxx 00000 Attention: Chief Operating Officer ABB South Street Associates, LLC c/o ACP Mid-Atlantic, LLC, as Agent 0000 Xxxxxxxxx Xxxx Xxxxx Xxxxx 000 Xxxxxxx, Xxxxxxxx 00000 Attention: Asset Manager And a copy to: Holland & Knight llp 0000 Xxxxxxxxxxxx Xxxxxx, X.X. Xxxxx 000 Xxxxxxxxxx, X.X. 00000 Attention: Xxxxx X. Xxxx, Esquire To 62,014 For Tenant: At the Premises With a copy to: Xxx Xxxxxx, Xxxxxxxx & Company, Incorporated One Financial Plaza 000 X. Xxxxxxxx Xx. and Company Rent Adjustment: Base Monthly Rent Shall Increase as follows:: For Landlord: Xxxxx Xxxxx, CB Xxxxxxx Xxxxx Effective Date New Base Monthly Rent 06-01-2003 $ 63,564.35 06-01-2004 $ 65,153.46 06-01-2005 $ 66,782.29 06-01-2006 $ 68,451.85 06-01-2007 $ 70,163.15 06-01-2008 $ 71,917.23 06-01-2009 $ 73,715.16 Security Deposit: $83,931.45 Addresses for Notices (See Section 29): Estimated Additional Rent: $13,768.30 Landlord: 00000 X.X. 00xx Xxxxxx Xxxxxxx XX 00000 Attention: Chief Financial Officer And a copy toXxxx Xxxx/Xxxxx Xxxx Phone: Xxxxxx, Xxxxxxxx & Company, Incorporated One Financial Plaza 000 X. Xxxxxxxx Xx. Xxxxx, 000-000-0000 Fax: 000-000-0000 Tenant: XX Xxx 00000 Xxxxxxx XX 00000-0000 Attention: Office Xxxxxx X. Rock Phone: (000) 000-0000 Fax: (000) 000-0000 Term: Ten (10) years, subject to provisions of General Counsel Section 3. Permitted Use (see Section 7): Office, light manufacturing, warehouse and distribution, assembly and repair and maintenance of electronic components for the computer industry and sales activities directly related thereto. Commencement Date See Section 3 Rent Commencement Date: Commencement Date subject to Section 4. Expiration Date June 14, 2010 Extension Options: Two (2) One five (5) year optionsOperating Expenses (See Section 8): Tenant's Share is 100% of Operating Expenses
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BASIC LEASE TERMS. The following This Section sets forth certain basic terms shall have of this Lease for reference purposes. This Section is to be read in conjunction with the following meanings in other provisions of this Lease; provided, however, to the extent of any inconsistency between this Section and the other provisions of this Lease, this Section shall control. Lease Premises (see Section 2): Address: Premises: Approximately 75,724 rentable square feet of space comprising the entire fifteenth 00000 X.X. 00xx Xxxxx Xxxxxxx XX 00000 Rentable Sq. Ft. (15th), sixteenth "RSF"): 78,676 Rent (16th), seventeenth See sections 5 and 6): Brokers (17thSee Section 36) and thirtieth (30th) floors of the Building (described in Section 1.b., below), as outlined on the floor plan attached hereto as Exhibit A. Building: Xxxx Xxxxx Building, One South Street, Baltimore, Maryland (the "Building"). Commencement Date: January 1, 2012 Term: Six (6) years Initial Annual Base Monthly Rent*: $2,129,400.96 per annum $177,450.08 per month Base Year (Operating Expenses): Base Year (Real Estate Taxes): Calendar Year 2011 The period July 1, 2010 thorough June 30, 2011, inclusive Tenant's Pro Rata Share (Operating Expenses): 16.65%* Tenant's Pro Rata Share (Real Estate Taxes): 15.86%* To Landlord: With a copy to: ABB South Street Associates, LLC 000 Xxxxxxxx Xxxxxx Xxxxx 000 Xxxxx, Xxxxxxx 00000 Attention: Chief Operating Officer ABB South Street Associates, LLC c/o ACP Mid-Atlantic, LLC, as Agent 0000 Xxxxxxxxx Xxxx Xxxxx Xxxxx 000 Xxxxxxx, Xxxxxxxx 00000 Attention: Asset Manager And a copy to: Holland & Knight llp 0000 Xxxxxxxxxxxx Xxxxxx, X.X. Xxxxx 000 Xxxxxxxxxx, X.X. 00000 Attention: Xxxxx X. Xxxx, Esquire To 62,014 For Tenant: At the Premises With a copy to: Xxx Xxxxxx, Xxxxxxxx & Company, Incorporated One Financial Plaza 000 X. Xxxxxxxx Xx. and Company Rent Adjustment: Base Monthly Rent Shall For Landlord: Xxxxx Xxxxx, CB Xxxxxxx Xxxxx Increase as follows:: Effective Date New Base Monthly Rent -------------- --------------------- 06-01-2003 $63,564.35 06-01-2004 $65,153.46 06-01-2005 $66,782.29 06-01-2006 $68,451.85 06-01-2007 $70,163.15 06-01-2008 $71,917.23 06-01-2009 $73,715.16 Security Deposit: $83,931.45 Addresses for Notices (See Section 29): Estimated Additional Rent: $13,768.30 Landlord: 00000 X.X. 00xx Xxxxxx Xxxxxxx XX 00000 Attention: Chief Financial Officer And a copy toXxxx Xxxx/Xxxxx Xxxx Phone: Xxxxxx, Xxxxxxxx & Company, Incorporated One Financial Plaza 000 X. Xxxxxxxx Xx. Xxxxx, 000-000-0000 Fax: 000-000-0000 Tenant: XX Xxx 00000 Xxxxxxx XX 00000-0000 Attention: Office Xxxxxx X. Rock Phone: (000) 000-0000 Fax: (000) 000-0000 Term: Ten (10) years, subject to Permitted Use (see Section 7): Office, light provisions of General Counsel Extension Options: Two (2) five (5) year optionsSection 3. manufacturing, warehouse and distribution, assembly and repair and maintenance of electronic components for the computer industry and sales activities directly related thereto.
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