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. OPTION Lessee shall not have an expansion area under the terms of this Agreement.
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. From and after April 1, 1993, the Original Leased Premises consisting of 15,438 square feet of office and warehouse area shall be expanded by an additional 3,997 square feet of office and warehouse area which is contiguous to the Original Lease Premises, all of which is shown on the Floor Plan attached hereto as Exhibit "A." The Expanded premises consisting of 19,435 square feet of office and warehouse area is hereinafter referred to as the "Leased Premises."
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. As per 10/01/2024, Tenant agrees to lease the other areas available in the building in accordance with Sec. 1.1 - Office areas on the 2nd floor (MB 11, 15, 16) at approx. 2,070.27 m2 - Parking spaces 25 units (so-called “expansion area”) as outlined in green in the ground plan enclosed as Addendum 1.4. The location of parking spaces shall be determined by Landlord based on available parking spaces and to be specified in the amendment agreement yet to be concluded. Where possible, Landlord agrees to specify contiguous parking spaces in the area of the already leased parking spaces. Landlord has the right to lease the aforementioned expansion area, or parts thereof, prior to 10/01/2024, provided such lease agreements end no later than 09/30/2024. Initialed by Landlord Tenant of the Lease Agreement between Hallbergmoos Grundvermögen GmbH (Landlord) & Pieris Pharmaceuticals GmbH (Tenant) Valid as of 10/24/2018 The parties agree to document the expansion of the leased areas and the location of the parking spaces, any associated changes of the lease agreement, and the improvement condition owed by Landlord in the form of a written form-compliant amendment to this lease agreement by no later than 04/01/2024. The rent payable for the expansion area corresponds to the per m2 rent payable for existing areas on the 2nd floor. The prepayments payable by Tenant for additional service charges shall be adjusted accordingly. In relation to the condition owed for the expansion area, the Parties already here and now agree that Landlord shall improve this expansion area as stipulated in agreements for areas 1.2.c and as contractually rendered by Landlord upon handover of existing areas. The improvements rendered by Landlord and agreed as reference during the condition transcript (Section 2.11.5 et. seq.) shall be definitive in this regard. Where Tenant desires improvements above and beyond the condition owed by Landlord, any additional costs generated by said improvements shall be absorbed by Tenant. Landlord is only required to implement Tenant’s wishes when the improvements are technically possible in the building and permitted by existing regulatory specifications. Landlord is entitled to demand from Tenant an appropriate cost advance for improvement costs to be absorbed by Tenant. Landlord shall provide a statement of accounts for improvement costs after improvement work is completed. The share payable by Tenant is due for payment within 4 weeks following receipt of an i...
Expansion Area. [See Attached] Schedule 1.1 to Divestment Letter Agreement Exhibit A Form of Assignment of Overriding Royalty Interest for Management LLA Override [See Attached] Exhibit A to Divestment Letter Agreement EXHIBIT C Interim DIP Order EXHIBIT D Form of Transferee Joinder This joinder (the “Transferee Joinder”) to the Restructuring Support Agreement, dated as of March 17, 2016 (the “Agreement”), among: (i) Venoco, Inc., Denver Parent Corporation, Ellwood Pipeline, Inc., TexCal Energy (LP) LLC, Whittier Pipeline Corporation, TexCal Energy (GP) LLC and TexCal Energy South Texas, L.P.; (ii) the Consenting First Lien Noteholders; and (iii) the Consenting Second Lien Noteholders, is executed and delivered by [ ] (the “Joining Party”) as of [ ]. Each capitalized term used herein but not otherwise defined shall have the meaning ascribed to it in the Agreement.
Expansion Area. Effective upon February 1, 2007 (the “Expansion Area Commencement”), Landlord shall deliver, pursuant to the terms of the Work Letter attached hereto, the space commonly referred to as Suite 420, located on the 4th floor of the Building, comprising approximately six thousand five hundred forty-three (6,543) square feet of rentable are (the “Expansion Area”).
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. The Premises shall be expanded to include an -------------- additional 1,406 square feet all as xxxx particularly shown on the Exhibit ------- E attached hereto and constituting a part hereof (the "Expansion Area"), - which brings to total square footage of the Premises to 5,848 square feet.
