Common use of Expansion Space During Expansion Term Clause in Contracts

Expansion Space During Expansion Term. With respect to each Expansion Space during its Expansion Term, the schedule of Base Rent shall be as follows: Period During Expansion Term Annual Rate Per Square Foot (rounded to the nearest 100th of a dollar) Monthly Base Rent for Suite 400 Expansion Space Monthly Base Rent for Suite 500 Expansion Space Monthly Base Rent for Suite 510 Expansion Space Monthly Base Rent for Suite 530 Expansion Space Monthly Base Rent for Suite 600 Expansion Space Expansion Effective Date through 3/31/16 $ 36.00 $ 91,956.00 $ 37,986.00 $ 16,416.00 $ 25,272.00 $ 100,380.00 4/1/16 – 3/31/17 $ 37.08 $ 94,714.68 $ 39,125.58 $ 16,908.48 $ 26,030.16 $ 103,391.40 4/1/17 – 3/31/18 $ 38.19 $ 97,549.99 $ 40,296.82 $ 17,414.64 $ 26,809.38 $ 106,486.45 All such Base Rent shall be payable by Tenant in accordance with the terms of the Lease.

Appears in 4 contracts

Samples: Office Lease (Nutanix, Inc.), Office Lease (Nutanix, Inc.), Office Lease (Nutanix, Inc.)

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