Building Expansion Sample Clauses

Building Expansion. The entire acreage described in paragraph 2 is reserved for the present or future use of the LESSEE. Without the written consent of the LESSEE the LESSOR shall not subdivide the property during the term of this lease or any extension thereof. Should the LESSOR be unable or unwilling to construct additional facilities as requested by the LESSEE during the initial term of this lease or any extension thereof, LESSEE may exercise an option to purchase the property as provided in paragraph 21.

Building Expansion. The Building Expansion shall contain a minimum of 140,176 square feet of distribution/warehouse space; provided that the square footage of the distribution/warehouse space contained in the Building Expansion shall not exceed the maximum square footage of the distribution/warehouse space that can be constructed on the Expansion Parcel: (a) in accordance with usual and customary site development and construction standards and techniques; and (b) in compliance with all Applicable Laws.

Building Expansion. If the building is expanded during the initial term of the Lease Agreement, the following additional charge will be made on top of the monthly rent stated on Clause V.A. of this Lease Agreement: As additional monthly rent for the Expansion of the building during the initial Lease Term, COMPANY shall pay to TEDE at the address of TEDE stated above, the additional rent equivalent for the then current lease rate per square foot of covered area per month, at the time that the expansion is completed. The lease rate will be applicable only to the improvements made by TEDE in addition to the original improvements described on exhibit D.

Building Expansion. In addition to the right of first offer set forth above, Tenant may, so long as Tenant is not in default under this Lease beyond the expiration of applicable grace periods, on the terms and conditions set forth below, exercise its right to expand the Premises in the area shown as “Expansion J” on Exhibit A-1, in which event Landlord shall promptly commence and thereafter diligently prosecute to completion the construction of an addition of approximately 13,640 rentable square feet (the “Addition”) to the Building: (i) Landlord shall construct the Addition in a good and workmanlike manner using building standard materials, pursuant to plans and specifications prepared by Landlord and approved by Tenant, which approval shall not be unreasonably withheld (the approval terms and mechanism to be the same as set forth for approval of the Tenant Improvement Plans as described in Exhibit B). (ii) From and after the date Landlord reasonably anticipates Substantial Completion of the Addition, there shall remain at least seven (7) Lease Years of the Term and if there are less than seven (7) Lease Years remaining, then the term of the Lease shall be automatically extended to provide that there shall be a seven (7) Lease Year term from and after the date of substantial completion of the Addition. Basic Rent shall be paid for such period at the rates provided in the Renewal Option section of this Lease, Section 36, for the corresponding periods. (iii) Assuming Landlord delivers a shell building addition to Tenant, the Basic Rent for the area of the Addition shall be an amount equal to, on a per rentable square foot basis, the Basic Rent per rentable square foot payable under the terms of this Lease for the corresponding periods. Landlord shall make available to Tenant an allowance of not more than $30.00 per rentable square foot to be applied to leasehold improvements and $5.00 per rentable square foot for heating, ventilating and air conditioning systems. To the extent Tenant utilizes any portion of the allowance, the Basic Rent shall be increased by an amount per rentable square foot equal to the amortized cost of the amount of such allowance utilized over a seven (7) year period with interest at ten percent (10%) per annum. In connection with the construction of the Addition, Landlord shall enter into a gross maximum price contract with a contractor selected by Landlord (and approved by Tenant, such approval not to be unreasonably withheld) after receiving not less t...

Building Expansion. Should a termination of this Agreement occur, ADM will retain ownership of the building expansion constructed for the Solazyme Downstream Assets and, if necessary, ADM will allow and make reasonable accommodation to Solazyme, for the removal of the Solazyme Downstream Assets.

Building Expansion. In the event that Landlord desires to expand the ------------------ Building, then Landlord shall first submit all plans and specifications to Tenant for Tenant's review of the architectural design, building materials, and site plan, and subsequent approval or disapproval, which shall not be unreasonably withheld. Landlord , if said expansion takes place, plans to use the same materials, architectural design of the existing Building, and conform to the codes of Norfolk and the Norfolk Commerce Park. In the event of expansion, Landlord shall continue to maintain parking spaces equal to the sum of (i) 225 required spaces for Tenant hereunder, plus (ii) the number of parking spaces required under the then current zoning ordinance of the City of Norfolk, Virginia for the same square footage of such expansion plus the square footage of the Building which is not to be occupied by Tenant.

Building Expansion. In the event the Tenant elects to expand the Building, as currently depicted on Exhibit C hereto, then Tenant shall reimburse Landlord, in the manner provided below, for all costs incurred by Landlord to construct such expansion. The Building may be expanded by up to 3,600 square feet on the ground floor and up to 9,000 square feet on the second floor. To the extent the Building is expanded on the ground floor, Tenant will also be required to reimburse Landlord for all costs incurred to provide one (1) additional parking space for each ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ added to the ground floor plus that portion of any new second floor space added over said new ground floor expansion area. The costs of any Building or parking expansion will be paid by Tenant pursuant to a Modification approved by Landlord and Tenant. Tenant will be required to make the following payments to Landlord to cover the costs incurred by Landlord for such expansion of the Building (and any required parking lot expansion): (1) $75,000.00 on July 1, 2004; (2) $75,000.00 on September 1, 2004; (3) $75,000.00 on October 1, 2004;

Building Expansion. Until the earlier of (i) the expiration or termination of this Lease, or (ii) the last day of the Development Protection Period (as defined in Exhibit C of the Master Agreement), Tenant will have the exclusive right to collaborate with Landlord on the expansion of the Building, consistent with the overall development goals for the Park as set forth in Recital A of the Master Agreement, and Landlord will negotiate in good faith with Tenant for such expansion on market terms, which may include the requirement to remove the temporary addition on the south facade of the Building which was installed by Tenant (the “Temporary Addition”) and restoration of the Property affected thereby. The foregoing exclusive right shall terminate upon any monetary default by Tenant under this Lease that remains uncured after three (3) months or more, even if subsequently cured.

Building Expansion. Tenant will have the right to require Landlord to expand the Building upon the terms and conditions set forth on Exhibit "B" attached hereto and made a part hereof for all purposes.