Expansion Area Sample Clauses

Expansion Area. As applicable, the area in reasonable proximity to any Premises (each Hub and Inspection Center) may include an area for expansion (“Expansion Area”). Either party may at any time during the Term of this Lease elect to develop the Expansion Area by delivery of written notice to the other party. If Landlord elects to develop the Expansion Area then Tenant shall respond in writing to Landlord’s election within 30 days with Tenant’s election to participate or not participate in the development of the Expansion Area. If Tenant elects in its sole discretion to participate then Tenant shall pay an agreed-upon portion of the actual costs incurred to effect such construction or development (“Expansion Costs”) and Tenant shall be entitled to use an equivalent portion of the Expansion Area as part of the Premises. If Tenant elects to not participate then Tenant shall not pay any of the Expansion Costs and shall not be entitled to use any of the Expansion Area as part of the Premises. If Tenant elects to develop the Expansion Area before receiving Landlord’s election to develop the Expansion Area then Tenant shall deliver written notice to Landlord and Landlord shall respond in writing to Tenant’s election within 30 days with Landlord’s election to participate or not participate in the development of the Expansion Area. If Landlord elects to participate then Landlord and Tenant shall mutually agree upon the use of the Expansion Area and whether Tenant will participate in paying for the actual Expansion Costs or pay additional Base Rent. Tenant shall be entitled to use that portion of the Expansion Area as mutually agreed to by the parties and as part of the Premises in the same manner as if Landlord first elected to develop the Expansion Area and Tenant elected to participate. If Landlord does not elect to participate in Tenant’s development of the Expansion Area then Tenant may elect to develop all or less than all of the Expansion Area and Tenant shall pay the entire actual Expansion Cost incurred but be entitled to use the entire developed Expansion Area as part of the Premises and without Tenant consent Landlord shall not be entitled to use any of the Expansion Area developed by Tenant without Landlord’s participation. If less than all of the Expansion Area is developed then the same rights of development and participation shall continue to apply to the balance of the Expansion Area until the earlier of the development of the entire Expansion Area or expiration o...

Expansion Area. The Second Expansion Area shall be defined as the additional 10,208 square feet of Rentable Floor Area being leased by Tenant located on the 1st floor of the Building, as shown in green on Exhibit "B-4" attached hereto. The Expansion Area shall be included in definition of Demised Premises for all purposes of this Lease when such definition would not be consistent with the specific reference to the First Expansion Area."

Expansion Area. On February 1, 2010 (the “Expansion Commencement Date – Suite 205”) Landlord shall deliver possession to Tenant of certain additional space in the Building known as Suite 205, consisting of three thousand forty-eight (3,048) rentable square feet as shown on Exhibit A – 1 attached hereto and made a part hereof and referred to as the “Expansion Area – Suite 205.” On April 1, 2010 (the “Expansion Commencement Date – Suite 201”) Landlord shall deliver possession to Tenant of certain additional space in the Building known as Suite 201, consisting of ten thousand nine hundred ninety-nine (10,999) rentable square feet as shown on Exhibit A – 2 attached hereto and made a part hereof and referred to as the “Expansion Area – Suite 201” (Expansion Area – Suite 205 and Expansion Area – Suite 201 are collectively referred to as the “Expansion Area”). In addition, Landlord hereby grants Tenant early access to the Expansion Area in accordance with Section 5 of the Work Letter (as defined herein) attached hereto as Exhibit B. Provided that this Amendment has not been terminated by Tenant as set forth herein, from and after the Expansion Commencement Date – Suite 205, and through the remainder of the term of this Lease, the Expansion Area – Suite 205 shall be added to and become a part of the “Premises” governed by the Lease, as amended hereby, thereby increasing the area of the Premises from seventeen thousand eighty eight (17,088) rentable square feet to twenty thousand one hundred thirty-six (20,136) rentable square feet. In addition, and provided that this Amendment has not been terminated by Tenant as set forth herein, from and after the Expansion Commencement Date – Suite 201, and through the remainder of the term of this Lease, the Expansion Area – Suite 201 shall be added to and become a part of the “Premises” governed by the Lease, as amended hereby, thereby increasing the area of the Premises from twenty thousand one hundred thirty-six (20,136) rentable square feet to thirty-one thousand one hundred thirty-five (31,135) rentable square feet. Notwithstanding the two immediately preceding paragraphs of this Section 2, Landlord and Tenant agree that the Base Rent, all charges payable under the Lease which are predicated upon the rentable area of the Premises and the rentable square footage of Expansion Area – Suite 205 and/or Expansion Area – Suite 201 (by which the Base Rent and aforementioned charges are determined) may be adjusted, as necessary, based upon Tenant...

Expansion Area. As of the Expansion Commencement Date and continuing for the Expansion Term only, the Premises (as defined in the Original Lease) shall relocate to the New Premises. For the duration of the Expansion Term, the Lease is amended such that all references in the Lease to the “Premises” shall be deemed to refer to the New Premises. Starting on the Expansion Commencement Date and continuing for the duration of the Expansion Term only, Tenant’s Base Rent shall be as set forth in Section 3, below, and Tenant’s Pro Rata Share of Operating Expenses shall be 10.59% (being 20,159 rentable square feet of the New Premises divided by 190,334 rentable square feet of the Building). At or prior to the Expansion Termination Date, Tenant shall vacate and deliver the Expansion Area to Landlord in accordance with the general terms and conditions regarding surrender of the Premises in the Lease. In the event that Tenant fails to deliver exclusive possession of the Expansion Area to Landlord as and in the condition required pursuant to this Amendment and the Lease, then Tenant shall be deemed to be holding over with respect to the Expansion Area without the consent of Landlord and shall be liable to Landlord for rent at the holdover rate provided in the Lease, in addition to any and all other remedies provided Landlord in the Lease related to holdover.

Expansion Area. 32 21.25 Consent.........................................................................33 Exhibit A - Legal Description Exhibit B - Site Plan Exhibit C - Footprint of Premises Exhibit D - Subordination, Non-Disturbance and Attornment Agreement INDUSTRIAL SPACE LEASE -- NET THIS LEASE is made this ____ day of ___________, 2000, by and between 4300 Xxxx Xxxxx Xxxxxx XXX, an Ohio limited liability company (hereinafter sometimes referred to as "Landlord"), with offices at 1798 Xxxxxx Xxxxxx, Xxxxxxxx, Xxxx 00000-0000, xxd Shonac Corporation, an Ohio corporation (hereinafter sometimes referred to as "Tenant"), with offices at 1675 Xxxxxxx Xxxx, Columbus, Ohio 43207-1979, who hereby mutually covenant and agree as follows:

Expansion Area. Tenant agrees that, upon the availability of Suite 110, which Landlord represents will be no later than April 30, 1994, that it will lease Suite 110 within the Building consisting of approximately 1,214 rentable square feet (hereinafter referred to as the "Expansion Area") as depicted on Exhibit "G" attached hereto and made a part hereof. The Rent for the Expansion Area shall be the Rent then in effect for the Demised Premises. Said Expansion Area shall be leased upon the same terms and conditions contained herein and shall be co-terminous with the Demised Premises. At the time of expansion Landlord shall, at Landlord's expense, create an opening for adequate passage between the Premises and the Expansion Area. Otherwise, tenant agrees to accept possession of the Expansion area in its as-is condition. Landlord shall provide Tenant with not less then thirty (30) days prior written notice of the availability of Suite 110.

Expansion Area. Section 2.4 is hereby deleted in its entirety.

Expansion Area. On the “Expansion Commencement Date” (as defined in Exhibit B hereto) Landlord shall be deemed to have delivered possession to Tenant of certain additional space in the Building known as Suite 203, consisting of six thousand four hundred five (6,405) rentable square feet, as shown on Exhibit A attached hereto and made a part hereof and referred to as the “Expansion Area.” Notwithstanding the foregoing, in the event that Landlord does not deliver possession of the Expansion Area to Tenant on or before February 15, 2010, subject only to force majeure, governmental and Tenant delay, Tenant shall have the right to terminate this Amendment, at which time this Amendment shall be void ab initio. From and after the Expansion Commencement Date, and through the remainder of the term of this Lease, the Expansion Area shall be added to and become a part of the “Premises” governed by the Lease, as amended hereby, thereby increasing the area of the Premises by six thousand four hundred five (6,405) rentable square feet for a total of seventeen thousand eighty-eight (17,088) rentable square feet. The following provisions shall apply solely to the Expansion Area.

Expansion Area. During the period commencing upon February -------------- 15, 2000 and concluding one hundred twenty days (120) thereafter (the "First Expansion Period"), Tenant shall have the right to first negotiate with Owner for Tenant's rental of that portion of the first floor of the Building depicted on Exhibit A-1 (the "Expansion Area"). Following the expiration of the ----------- Expansion Period, Tenant shall the right to first negotiate with Owner for Tenant's rental of the Expansion Area for an additional six (6) calendar months (the "Second Expansion Period"). If Tenant desires to continue its right to first negotiate for the rental of the Expansion Area during the Second Expansion Period, Tenant shall so notify Owner prior to the expiration of the First Expansion Period and Tenant shall pay to Owner the sum of $.50 per square foot of rentable area in the Expansion Area for each month during the period from the commencement of the Second Expansion Period until the earlier of: (a) the expiration of the Second Expansion Period; (b) the date of Tenant's waiver of its right to first negotiate for the rental of the Expansion Area; or (c) the date of Tenant's rental of all or a portion of the Expansion Area.

Expansion Area. Commencing on February 1, 2002, the Premises shall be expanded to include an additional area of approximately 78,720 square feet (the "Expansion Area") as described by attached Exhibit "A" thereby giving a Premises of approximately 196,800 square feet.