Common use of Expansion Space Clause in Contracts

Expansion Space. That certain space located on the second (2nd) floor of the 26632 Building currently known as Suite 200, as outlined on the floor plan attached hereto as EXHIBIT A, shall be referred to herein, collectively, as the “Expansion Space.” Landlord and Tenant hereby stipulate that the Expansion Space contains a total of 6,318 rentable square feet and such square footage is not subject to adjustment or re-measurement by Landlord or Tenant, even if the actual rentable square footage of the Expansion Space is more or less than 6,318 rentable square feet. Tenant shall lease the Expansion Space and commence to pay charges for the Expansion Space pursuant to the Lease, as hereby amended, effective as of the later of (i) July 1, 2014, or (ii) the completion of the Improvements (as that term is defined in Section 6 below) (“Expansion Commencement Date”); provided, however, that Landlord shall provide Tenant with access to the Expansion Space upon full execution and delivery of this Fourth Amendment by Landlord and Tenant for the purposes of installing Tenant’s furniture, fixtures, and equipment and Tenant’s telephone, network, and data cabling, and Tenant shall have no obligation to pay Basic Rental with respect to the Expansion Space during the period of such access.; provided, however, that (i) Tenant’s access shall not interfere with Landlord’s completion of the Improvements, (ii) Tenant shall provide a certificate of insurance in accordance with Article 14 of the Original Lease for the Expansion Space prior to such entry, and (iii) the terms and conditions of Section 13(a) of the Original Lease shall apply to such access by Tenant. The addition of the Expansion Space to the Existing Premises shall, effective as of the Expansion Commencement Date, increase the number of rentable square feet leased by Tenant in the Development to a total of 127,720 rentable square feet. Effective as of the Expansion Commencement Date, all references to the “Premises” shall mean and refer to the Existing Premises as expanded by the Expansion Space.

Appears in 2 contracts

Samples: Lease (loanDepot, Inc.), Lease (loanDepot, Inc.)

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Expansion Space. That certain space located on the second third (2nd3rd) floor of the 26632 26672 Building currently known as Suite 200Suites 300 and 305, as outlined on the floor plan attached hereto as EXHIBIT A, shall be referred to herein, collectively, as the “Expansion Space.” Landlord and Tenant hereby stipulate that the Expansion Space contains a total of 6,318 5,903 rentable square feet, which is comprised of 2,395 rentable square feet currently known as Suite 305 (“Suite 305 Portion”) and 3,508 rentable square feet currently known as Suite 300 (“Suite 300 Portion”), and such square footage is footages are not subject to adjustment or re-measurement by Landlord or Tenant, even if the actual rentable square footage of the Expansion Space is more or less than 6,318 5,903 rentable square feet. Tenant shall lease the Expansion Space and commence to pay charges for the Expansion Space pursuant to the Lease, as hereby amended, effective as of the later of (i) July April 1, 2014, or (ii) the completion of the Improvements (as that term is defined in Section 6 below) ), other than the Suite Configuration Work, pursuant to Section 6 below (“Expansion Commencement Date”); provided, however, that Landlord shall provide Tenant with access to the Expansion Space upon full execution and delivery of this Fourth Amendment by Landlord and Tenant for the purposes of installing Tenant’s furniture, fixtures, and equipment and Tenant’s telephone, network, and data cabling, and Tenant shall have no obligation to pay Basic Rental with respect to the Expansion Space during the period of such access.; provided, however, that (i) Tenant’s access shall not interfere with Landlord’s completion of the Improvements, (ii) Tenant shall provide a certificate of insurance in accordance with Article 14 of the Original Lease for the Expansion Space prior to such entry, and (iii) the terms and conditions of Section 13(a) of the Original Lease shall apply to such access by Tenant. The addition of the Expansion Space to the Existing Premises shall, effective as of the Expansion Commencement Date, increase the number of rentable square feet leased by Tenant in the Development to a total of 127,720 121,402 rentable square feet. Effective as of the Expansion Commencement Date, all references to the “Premises” shall mean and refer to the Existing Premises as expanded by the Expansion Space.

Appears in 2 contracts

Samples: Lease (loanDepot, Inc.), Lease (loanDepot, Inc.)

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Expansion Space. That certain space located Effective on the second (2nd) floor date of substantial completion of each of the 26632 Building currently known as referenced suites, Suites 410 (consisting of approximately 2,562 rentable square feet), 430 (consisting of approximately 508 rentable square feet), 440 (consisting of approximately 963 rentable square feet), 710 (consisting of approximately 2,401 rentable square feet), 750 (consisting of approximately 1,719 rentable square feet), 760 (consisting of approximately 3,959 rentable square feet), and Suite 200, as outlined on the floor plan attached hereto as EXHIBIT A, shall be referred to herein, collectively, as the “Expansion Space.” Landlord and Tenant hereby stipulate that the Expansion Space contains 790 (consisting of approximately 1,279 rentable square feet) comprising a total of 6,318 approximately 13,391 rentable square feet in the Building, on the area indicated on the site plan on Exhibit A, which is attached hereto and such square footage is not subject incorporated herein, (collectively referred to adjustment or re-measurement by Landlord or Tenantherein from time to time as the "Expansion Space") shall be added to the Initial Premises so that as of the completion of the Expansion Space, even if the actual "Premises" (as defined in the Lease) shall consist of approximately 54,377 rentable square footage feet. "Substantial completion" of the Tenant Improvements shall mean the date on which the Tenant Improvements set forth in the Plan (as defined hereinafter) are completed, and the individual suite of the Expansion Space is more or less than 6,318 rentable square feet. Tenant shall lease the Expansion Space and commence available for Tenant's occupancy, subject only to pay charges for the Expansion Space pursuant to the Lease, as hereby amended, effective as of the later of (i) July 1, 2014, or (ii) the completion of the Improvements (as that term is defined in Section 6 below) (“Expansion Commencement Date”); providedminor or insignificant details of finish construction, however, that Landlord decoration or mechanical adjustments which do not materially interfere with Tenant's conduct of business. The date of substantial completion shall provide Tenant with access not be extended by reason of Tenant's changes to the Expansion Space upon full execution and delivery of this Fourth Amendment Plan or delays caused by Landlord and Tenant for the purposes of installing Tenant’s furniture, fixtures, and equipment and Tenant’s telephone, network, and data cabling, and Tenant shall have no obligation to pay Basic Rental with respect to the Expansion Space during the period of such access.; provided, however, that (i) Tenant’s access shall not interfere with Landlord’s completion . The Term of the Improvements, (ii) Tenant shall provide a certificate of insurance in accordance with Article 14 of the Original Lease for the Expansion Space prior shall be coterminous with the Lease, such termination date being March 31, 1999, unless sooner terminated pursuant to such entry, and (iii) the terms and conditions of Section 13(a) of the Original Lease Lease. Tenant shall apply to such access by Tenant. The addition execute Landlord's standard Confirmation of Commencement Agreement, in the form attached hereto as Exhibit B, for each suite of the Expansion Space to set forth the Existing Premises shall, effective as Commencement Date and term of the Expansion Commencement Date, increase the number of rentable square feet leased by Tenant in the Development to a total of 127,720 rentable square feet. Effective as of the Expansion Commencement Date, all references to the “Premises” shall mean and refer to the Existing Premises as expanded by the Expansion SpaceLease for each respective suite.

Appears in 1 contract

Samples: Lease Agreement (Deltek Systems Corp)

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