Execution of Lease Amendment. The parties shall execute a Lease amendment reflecting the extension and the new economic terms within ten (10) days after determination of the Current Market Rent, but failure to execute such amendment shall not affect the commencement of the Renewal Period or Tenant's obligation to pay rent during the Renewal Period at the rate established pursuant to this Article.
Execution of Lease Amendment. Within thirty (30) days after the date that is the later to occur of (i) the date Evolent gives written notice to Landlord of the exercise of Evolent’s option hereunder if Evolent accepts Landlord’s Offer on the terms and conditions set forth therein, or (ii) the date on which the Prevailing Market Rent is determined pursuant to the 3-Broker Method, Landlord and Evolent shall execute an amendment to this Lease setting forth the terms set forth in Landlord’s Offer as to the Available Space (or the Prevailing Market Rent determined pursuant to the 3-Broker Method, as applicable). If Evolent shall fail to execute said amendment to this Lease for the Available Space within such thirty (30) day period, Evolent shall nevertheless remain bound by the exercise thereof, upon the terms and conditions set forth in Landlord’s Offer (or the Prevailing Market Rent determined pursuant to the 3-Broker Method, as applicable).
Execution of Lease Amendment. Within thirty (30) days after the date on which Evolent exercises its right to lease the Hold Space Premises, Landlord and Evolent shall execute an amendment to this Lease setting forth the terms set forth in this Section 45 as to the Hold Space Premises. If Evolent shall fail to execute said amendment to this Lease for the Hold Space Premises within such thirty (30) day period, Evolent shall nevertheless remain bound by the exercise thereof, upon the terms and conditions set forth in this Section 45.
Execution of Lease Amendment. Within thirty (30) days after the date on which Evolent exercises its right to lease the ROFN Space, Landlord and Evolent shall execute an amendment to this Lease setting forth the terms set forth in this Section 46 as to the ROFN Space. If Evolent shall fail to execute said amendment to this Lease for the ROFN Space within such thirty (30) day period, Evolent shall nevertheless remain bound by the exercise thereof, upon the terms and conditions set forth in this Section 46.
Execution of Lease Amendment. Within thirty (30) days after the later to occur of (i) the date on which Evolent exercises its right to lease the Second Hold Space Premises, or (ii) the date on which the Prevailing Market Rent for the Second Hold Space Premises and for the Short Term Extension Period are determined by the 3-Broker Method, Landlord and Evolent shall execute an amendment to this Lease setting forth the terms set forth in this Section 48 as to the Second Hold Space Premises and as to the Short Term Extension Period. If Evolent shall fail to execute said amendment to this Lease for the Second Hold Space Premises within such thirty (30) day period, Evolent shall nevertheless remain bound by the exercise thereof, upon the terms and conditions set forth in this Section 48, and shall pay the Prevailing Market Rent as determined above.
Execution of Lease Amendment. At the Closing, the Sellers and the Shareholders shall cause the lessor under the Real Property Lease relating to 0000 Xxxxxx Xxxxx, Xxxxxxx, Xxxxx, to execute and deliver to Purchaser an amendment to such Real Property Lease in the form attached as Exhibit C (the “Lease Amendment”).
Execution of Lease Amendment. Within thirty (30) days (subject to written extension by Landlord) after the date Tenant gives written notice to Landlord of the exercise of Tenant's option hereunder, Landlord shall prepare and Landlord and Tenant shall execute an amendment to this Lease setting forth the terms set forth in Landlord's Offer as to the Available Space. The Available Space, when so leased to Tenant, shall become part of the Demised Premises and shall be subject to the terms and conditions of this Lease then prevailing, except as follows:
(a) The term as to the Available Space leased by Tenant pursuant to this Paragraph 58 shall commence on the "Available Space Effective Date" and shall continue for the remainder of the Term existing as of the Available Space Effective Date, and the exercise of any option to extend the Term by Tenant pursuant to Paragraph 55 of this Lease shall also include extension of the Term for a like period as to the Available Space leased to Tenant as of the commencement date of such extension period.
(b) The Base Rent for the Available Space shall be at the same rental rate per square foot then in effect for the original Demised Premises and shall thereafter be subject to the same increases as apply to the original Demised Premises.
(c) Landlord shall deliver to Tenant and Tenant shall accept delivery of possession of the Available Space in its then AS-IS condition. Notwithstanding the foregoing, if Tenant has exercised its option to lease Available Space in accordance with Paragraph 58.1, Landlord shall provide to Tenant an allowance (the "Available Space Tenant Allowance") in an amount per rentable square foot of floor area comprising such Available Space equal to the product of (a) Fifty-Eight and 46/100 Dollars ($58.46) multiplied by (b) the quotient of (x) the number of Lease Years remaining in the initial Term as of the Available Space Effective Date divided by (y) ten (10); provided, however, that for purposes of this formula, a partial Lease Year shall be counted as a fraction of twelve (12) months (expressed as a percentage). All terms of Paragraph 16.1 shall apply to the Tenant improvement work to be done in the Available Space except the amount of the Tenant Allowance.
(d) From and after the Available Space Effective Date as to the Available Space, such Available Space shall be included in the term "Demised Premises" as used in this Lease, and Tenant's Percentage of Increased Operating Expenses, Tenant's Percentage of Increased Char Service...
Execution of Lease Amendment. If Tenant elects to lease any ROFO Space pursuant to this Article 28, Landlord and Tenant shall, within thirty (30) days after Landlord’s receipt of Tenant’s Election Notice, execute an amendment to this Lease adding such ROFO Space to the Premises upon the terms and conditions set forth in this Article 28. EXCEPT AS EXPRESSLY SET FORTH IN THIS LEASE, TENANT ACKNOWLEDGES THAT LANDLORD HAS MADE NO WARRANTIES TO TENANT, EITHER EXPRESS OR IMPLIED, AND LANDLORD AND TENANT EXPRESSLY DISCLAIM ANY IMPLIED WARRANTY THAT THE PREMISES ARE SUITABLE FOR TENANT’S INTENDED COMMERCIAL PURPOSE. EXECUTED as of the date and year above first written.
Execution of Lease Amendment. If Tenant properly delivers any Option Notice, the parties shall promptly execute an amendment to this Lease confirming the addition of the additional space and setting forth the commencement date for such additional space specified in the Option Notice, the new rent amounts, the new Proportionate Share, the rent abatement period, and any other relevant applicable terms as specified in this Paragraph 44. Landlord shall prepare such amendment and Tenant shall promptly execute the same upon Landlord’s request. Regardless as to when such amendment is executed, the additional space shall be added hereunder and the terms hereof shall be deemed appropriately amended effective as of the date Landlord delivers the applicable space specified in the Option Notice to Tenant as required under this Paragraph 44.
Execution of Lease Amendment. As soon as the Building A Commencement Date is known, the parties shall promptly execute an amendment to this Lease confirming the addition of Building A — 2600 Cxxxx and setting forth the commencement date for such additional space, the new rent amounts, the new Proportionate Share, the rent abatement period, and any other relevant applicable terms as specified in this Paragraph 45. Landlord shall prepare such amendment and Tenant shall promptly execute the same upon Landlord’s request. Regardless as to when such amendment is executed, the Building A — 2600 Cxxxx additional space shall be added hereunder and the terms hereof shall be deemed appropriately amended effective as of the Building A Commencement Date.
