Current Premises. Subject to the terms hereof, effective as of the Current Premises Expiration Date (defined below), the term of the Lease shall expire with respect to the Current Premises (and the Roof Space) and Concourse II with the same force and effect as if such term were, by the provisions of the Lease, fixed to expire with respect to the Current Premises (and the Roof Space) and Concourse II on the Current Premises Expiration Date. As used herein, “Current Premises Expiration Date” means the later to occur of (a) September 30, 2018 and (b) date occurring 15 days after the date the Tenant Improvement Work (defined in Exhibit B hereto) is Substantially Complete (defined in Exhibit B hereto). The parties anticipate that the Tenant Improvement Work will be Substantially Completed on or about October 10, 2018 (the “Target Substitution Effective Date”). Without limiting the foregoing: (a) the portion of the Base Rent schedule set forth in the Lease (as modified below) that applies to the Current Premises during the period following the Current Premises Expiration Date is hereby deleted from the Lease, (b) Tenant shall surrender the Current Premises (and the Roof Space) to Landlord in accordance with the terms of the Lease on or before the Current Premises Expiration Date, (c) Tenant shall remain liable for all Rent and other amounts payable under the Lease (as modified pursuant to the terms hereof) with respect to the Current Premises (and the Roof Space) for the period up to and including the Current Premises Expiration Date, even though xxxxxxxx for such amounts may occur after the Current Premises Expiration Date (provided, however, that such Rent for any partial calendar month shall be prorated based on the actual number of days in such month), (d) Tenant’s restoration obligations with respect to the Current Premises (and the Roof Space) shall be as set forth in the Lease, (e) if Tenant fails to surrender any portion of the Current Premises (and/or the Roof Space) on or before the Current Premises Expiration Date, Tenant’s tenancy with respect thereto shall be subject to Section 22 of the Lease and (f) any other rights or obligations of Landlord or Tenant under the Lease relating to the Current Premises (and the Roof Space) that, in the absence of the Substitution, would have survived the expiration date of the Lease shall survive the Current Premises Expiration Date. During the period beginning on the Substitution Effective Date and ending on the Current Premises Exp...
Current Premises. Notwithstanding anything to the contrary in the Lease, Tenant shall continue to pay Base Rent for the Current Premises in accordance with the terms of Paragraph 10 of the Basic Lease Information and Section 3.1 of the Original Lease, Section 4 of the First Amendment, Section 5 of the Second Amendment, Section 5 of the Third Amendment, and Section 5 of the Fourth Amendment.
Current Premises. The Base Rent for the Current Premises shall remain as set forth in the Lease. The Base Rent shall be due and payable in equal monthly installments, each such monthly installment due and payable on or before the first day of each calendar month, in advance, without demand and without setoff or deduction whatsoever.
Current Premises. Subject to the terms and conditions of the Work Letter, Tenant shall be entitled to perform (or cause to be performed) the Tenant’s Work applicable to the Current Premises; provided that all provisions of the Lease, including those relating to the payment of Base Rent, Operating Expenses and Property Taxes for the Current Premises shall apply (including specifically, without limitation, all provisions relating to insurance, indemnity and freedom from liens) during the performance of any such Tenant’s Work in the Current Premises.
Current Premises. During the period commencing with the Effective Date and expiring on the Current Expiration Date (i.e., January 31, 2020), Tenant shall continue to pay Base Rent with respect to the Current Premises as follows: (A) with respect to the Original Premises, in accordance with the schedule set forth in the Basic Lease Information of the Original Lease; and (B) with respect to the 2017 Expansion Premises, in accordance with Section 4 of the Second Amendment. From and after February 1, 2020 (i.e., the day after the Current Expiration Date), the Base Rent payable by Tenant under the Lease with respect to the Current Premises shall be calculated, on a per-rentable-square-foot basis, using the applicable monthly rates set forth in the rent schedule contained in Section 5(d) below.
Current Premises. Notwithstanding the Base Rent amounts set forth in Paragraph 2 of the First Amendment and Paragraph 2 of the Second Amendment, commencing on March 1, 2010, and continuing through the Second Extension Period, Tenant shall, at the time and in the manner provided in the Lease, pay to Landlord as Base Rent for the Current Premises the amounts set forth in the following rent schedule: CURRENT PREMISES ANNUAL RATE PER RENTABLE SQUARE MONTHLY FROM THROUGH FOOT BASE RENT March 1, 2010 June 30, 2010 $14.00 $18,545.33 July 1, 2010 June 30, 2011 $14.50 $19,207.67 July 1, 2011 June 30, 2012 $15.00 $19,870.00 July 1, 2012 June 30, 2013 $15.50 $20,532.33 July 1, 2013 June 30, 2014 $16.50 $21,857.00 July 1, 2014 June 30, 2015 $17.50 $23,181.67 * Based on 14,614 rentable square feet. Tenant shall pay Base Rent for the Temporary Space for February 2010 as described in Paragraph 3 of the Third Amendment.
Current Premises. Prior to this Amendment, the Premises consisted of the leased premises more particularly described on EXHIBIT “A” and shown on EXHIBIT “A-1” attached hereto and incorporated herein (the “Current Premises”). The total rentable square feet of the Current Premises is 335,855 square feet.
Current Premises. Tenant shall continue to pay Base Rent for the Current Premises as provided for in the Lease through April 30, 2020.
Current Premises. The Premises as of the date of this Space Agreement (“Current Premises”) for the Food Coop shall be described as approximately 1,304.26 square feet, located in the Student Center, as further shown in Exhibit 1.
Current Premises. The Food Coop shall pay the University monthly rent (“Monthly Rent”) for the Current Premises, in advance on the first of each month, in the sum of Forty Cents ($0.40) per square foot per month, or a total of Five Hundred Twenty One Dollars and Seventy Cents ($521.70). Payments shall be made to the University at the address provided in Section 5 herein.
