Common use of Demised Premises - Term of Lease Clause in Contracts

Demised Premises - Term of Lease. Section 1.01. Upon and subject to the conditions and limitations hereinafter set forth, Lessor does hereby lease and demise unto Lessee a portion of the approximately 119,185 rentable square foot building (“Building”) located at, known as and numbered 000 Xxxxxxxx, Xxxxxxxxx, Xxxxxxxxxxxxx 00000 (the “Premises”) containing approximately 5,672 square feet of rentable area on the 6th floor of the Building, as more particularly shown on the plan attached hereto and labeled Exhibit “A” (the “Demised Premises”) together with the right to use, in common with others entitled thereto, driveways, walkways, hallways, stairways and passenger elevators convenient for access to the Demised Premises and lavatories nearest thereto. Loading docks and areas and freight elevators may be used by Lessee in common with other lessees entitled to the use thereof subject to the rules and regulations established from time to time by Lessor. Section 1.02. The term (the “Term”) of this Lease shall commence on August 1, 2011 (the “Term Commencement Date”), subject to the provisions of the immediately following paragraph, and the Term shall expire on July 31, 2014, unless this Lease is sooner terminated as hereinafter provided. Lessor and Lessee agree and acknowledge that as of the date hereof Lessee is in possession of the Demised Premises pursuant to a valid sublease agreement between Lessee and Lessee’s sublessor expiring on July 31, 2011. In the event that such sublease or the certain lease agreement between Lessor and Lessee’s sublessor is terminated prior to July 31, 2011, Lessee’s possession and occupancy of the Demised Premises shall, at Lessor’s option, be under all of the terms, covenants, conditions and provisions of this Lease, including, without limitation, the payment of Base Rent and Additional Rent, and Lessor and Lessee shall execute a document identifying the exact Term Commencement Date and Term expiration date. Notwithstanding anything to the contrary in the foregoing, Lessee shall not be liable to Lessor for any amounts owed to Lessor by Lessee’s sublessor, if any, pursuant to the lease agreement between Lessor and said sublessor. THIS LEASE IS MADE UPON THE FOLLOWING COVENANTS, AGREEMENTS, TERMS, PROVISIONS, CONDITIONS AND LIMITATIONS, ALL OF WHICH LESSEE COVENANTS AND AGREES TO PERFORM AND COMPLY WITH, EXCEPTING ONLY THE COVENANTS OF LESSOR:

Appears in 2 contracts

Samples: Lease Agreement (Radius Health, Inc.), Lease Agreement (Radius Health, Inc.)

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Demised Premises - Term of Lease. Section 1.01. Upon and subject to the conditions and limitations hereinafter set forth, Lessor does hereby lease and demise unto Lessee and Lessee accepts and leases from Lessor a portion of the approximately 119,185 rentable square foot first and second floor of the building ("Building") located at, known as and numbered 000 Xxxxxxxx500 Xxxxxxx Xxxx Xxxxx, XxxxxxxxxXxxxxx, Xxxxxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 (the “Premises”) containing xxxtaining approximately 5,672 56,642 square feet of rentable area on the 6th floor of the Buildingarea, as more particularly shown on the plan attached hereto and labeled Exhibit “A” EXHIBIT A (hereinafter referred to as the “Demised "Demise d Premises") together with the right to use, in common with others entitled thereto, driveways, walkways, hallways, stairways and passenger elevators convenient for access to the Demised Premises and lavatories nearest thereto, such other building amenities as are from time to time available for use by tenants in the Building generally (such as the cafeteria and fitness center) on terms and conditions applicable to all users of such amenities, and the non-exclusive right to use one vertical chase in the Building for the running of fiber optic cable from the demarcation telephone closet in the Building to the Demised Premises. Loading docks and areas and freight elevators may be used by Lessee in common with other lessees entitled to the use thereof subject to the rules and regulations established from time to time by Lessor. The Building, which contains approximately 191,000 square feet of rentable area, and the parcel of land on which it is located are referred to herein as the "Premises." Section 1.02. The term (the “Term”) of this Lease shall commence on August January 1, 2011 2000 (the “Term "Commencement Date”), subject to the provisions of the immediately following paragraph, ") and the Term term shall expire on July December 31, 20142004, unless this Lease is sooner terminated as hereinafter provided. Lessor and Lessee agree and acknowledge that as of the date hereof Lessee is in possession of the Demised Premises pursuant to a valid sublease agreement between Lessee and Lessee’s sublessor expiring on July 31, 2011. In the event that such sublease or the certain lease agreement between Lessor and Lessee’s sublessor is terminated prior to July 31, 2011, Lessee’s possession and occupancy of the Demised Premises shall, at Lessor’s option, be under all of the terms, covenants, conditions and provisions of this Lease, including, without limitation, the payment of Base Rent and Additional Rent, and Lessor and Lessee shall execute a document identifying the exact Term Commencement Date and Term expiration date. Notwithstanding anything to the contrary in the foregoing, Lessee shall not be liable to Lessor for any amounts owed to Lessor by Lessee’s sublessor, if any, pursuant to the lease agreement between Lessor and said sublessor. THIS LEASE IS MADE UPON THE FOLLOWING COVENANTS, AGREEMENTS, TERMS, PROVISIONS, CONDITIONS AND LIMITATIONS, ALL OF WHICH LESSEE COVENANTS AND AGREES TO PERFORM AND COMPLY WITH, EXCEPTING ONLY THE COVENANTS OF THE LESSOR:

Appears in 1 contract

Samples: Lease Agreement (Fairmarket Inc)

Demised Premises - Term of Lease. Section 1.01. Upon and subject to the conditions and limitations hereinafter set forth, Lessor does hereby lease and demise unto Lessee a portion of the approximately 119,185 rentable square foot 3rd floor of the building ("Building") located at, known as and numbered 000 201 Xxxxxxxx, Xxxxxxxxx, Xxxxxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 (the “xxe "Premises") containing approximately 5,672 2,130 square feet of rentable area on the 6th floor of the Buildingarea, as more particularly shown on the plan attached hereto and labeled Exhibit "A" (hereinafter referred to as the "Demised Premises") together with the right to use, in common with others entitled thereto, driveways, walkways, hallways, stairways and passenger elevators convenient for access to the Demised Premises and lavatories nearest thereto. Loading docks and areas and freight elevators may be used by Lessee in common with other lessees entitled to the use thereof subject to the rules and regulations established from time to time by Lessor. Section 1.02. The term (the “Term”) of this Lease shall commence on August the earlier to occur of April 1, 2011 1999 or that date upon which Lessee takes occupancy of the space (the “Term "Commencement Date”), subject to the provisions of the immediately following paragraph, ") and the Term term shall expire on July 31, 2014five years after the Commencement Date, unless this Lease is sooner terminated as hereinafter provided. If the Commencement Date is other than the first day of the month, the balance of the month during which the Commencement Date occurs (the "Commencement Month") shall be added to the first year of the term. Lessor and Lessee agree and acknowledge that as to execute a document identifying the exact Commencement Date which shall be recordable if required under any Notice of Lease. Notwithstanding the date hereof foregoing, if Lessee is in shall take possession of the Demised Premises pursuant to a valid sublease agreement between Lessee and Lessee’s sublessor expiring on July 31, 2011. In the event that such sublease or the certain lease agreement between Lessor and Lessee’s sublessor is terminated prior to July 31the Commencement Date, 2011, Lessee’s such possession and occupancy of the Demised Premises shall, at Lessor’s option, shall be under all of the terms, covenants, conditions and provisions of this Lease, includingincluding rent. Lessee agrees, without limitationupon request of the Lessor, to execute an estoppel letter in the payment of Base Rent and Additional Rentform to be presented by Lessor, and Lessor and Lessee shall execute a document identifying the exact Term Commencement Date and Term expiration date. Notwithstanding anything to the contrary in the foregoing, Lessee shall not be liable to Lessor for any amounts owed to Lessor by Lessee’s sublessor, if any, pursuant to the lease agreement between Lessor and said sublessorExpiration Date of this Lease. THIS LEASE IS MADE UPON THE FOLLOWING COVENANTS, AGREEMENTS, TERMS, PROVISIONS, CONDITIONS AND LIMITATIONS, ALL OF WHICH LESSEE COVENANTS AND AGREES TO PERFORM AND COMPLY WITH, EXCEPTING ONLY THE COVENANTS OF THE LESSOR:

Appears in 1 contract

Samples: Lease Agreement (Akamai Technologies Inc)

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Demised Premises - Term of Lease. Section 1.01. Upon and subject to the conditions and limitations hereinafter set forth, Lessor does hereby lease and demise unto Lessee a portion of the approximately 119,185 rentable square foot seventh floor of the building (“Building”) located at, known as and numbered 000 Xxxxxxxx, Xxxxxxxxx, Xxxxxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 (the “Premises”) containing approximately 5,672 5,944 square feet of rentable area on the 6th floor of the Buildingarea, as more particularly shown on the plan attached hereto and labeled Exhibit “A” (hereinafter referred to as the “Demised Premises”) together with the right to use, in common with others entitled thereto, driveways, walkways, hallways, stairways and passenger elevators convenient for access to the Demised Premises and lavatories nearest thereto. Loading docks and areas and freight elevators may be used by Lessee in common with other lessees entitled to the use thereof subject to the rules and regulations established from time to time by Lessor. Section 1.02. The term (the “Term”) of this Lease shall commence on August 1, 2011 2004 (the “Term Commencement Date”), subject to the provisions of the immediately following paragraph, ) and the Term term shall expire on July 31, 2014two years after the Commencement Date, unless this Lease is sooner terminated as hereinafter provided. If the Commencement Date is other than the first day of the month, the balance of the month during which the Commencement Date occurs (the “Commencement Month”) shall be added to the last year of the term. Lessor and Lessee agree and acknowledge that as to execute a document identifying the exact Commencement Date which shall be recordable if required under any Notice of Lease. Notwithstanding the date hereof foregoing, if Lessee is in shall take possession of the Demised Premises pursuant to a valid sublease agreement between Lessee and Lessee’s sublessor expiring on July 31, 2011. In the event that such sublease or the certain lease agreement between Lessor and Lessee’s sublessor is terminated prior to July 31the Commencement Date, 2011, Lessee’s such possession and occupancy of the Demised Premises shall, at Lessor’s option, shall be under all of the terms, covenants, conditions and provisions of this Lease, includingexcluding rent. Lessee agrees, without limitationupon request of the Lessor, to execute an estoppel letter in the payment of Base Rent and Additional Rentform to be presented by Lessor, and Lessor and Lessee shall execute a document identifying the exact Term Commencement Date and Term expiration date. Notwithstanding anything to the contrary in the foregoing, Lessee shall not be liable to Lessor for any amounts owed to Lessor by Lessee’s sublessor, if any, pursuant to the lease agreement between Lessor and said sublessorExpiration Date of this Lease. THIS LEASE IS MADE UPON THE FOLLOWING COVENANTS, AGREEMENTS, TERMS, PROVISIONS, CONDITIONS AND LIMITATIONS, ALL OF WHICH LESSEE COVENANTS AND AGREES TO PERFORM AND COMPLY WITH, EXCEPTING ONLY THE COVENANTS OF THE LESSOR:

Appears in 1 contract

Samples: Sublease (Radius Health, Inc.)

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