Fifth Floor Area Sample Clauses

Fifth Floor Area. General office purposes and research and development and laboratory purposes (which may include a vivarium occupying not more than 4,500 rentable square feet), including accessory storage use, and other lawfully permitted uses ancillary to the foregoing uses. Lab Support Area: Storage use accessory to research and development and laboratory use. Broker: T3 Realty Advisors and CBRE New England Security Deposit: $1,044,484.98, in the form of a Letter of Credit. Tenant’s Normal Business Hours: 8 a.m. to 6 p.m. on Monday through Friday, holidays excepted.
Fifth Floor Area. The entire Rentable Floor Area of the fifth (5th) floor of the Office Area, in accordance with the floor plan annexed hereto as Exhibit D and incorporated herein by reference, as further defined and limited in Section 2.1 hereof, along with the exclusive right to use the Terrace Area, as defined in Section 2.1 (B). Lab Support Area: Two areas on the first (1st) floor and the fourth (4th) floor of the Building each as shown on Exhibit D and incorporated herein by reference, as further defined and limited in Section 2.1 hereof Rentable Floor Area of the Premises: 32,138 rentable square feet, consisting of approximately, 31,633 rentable square feet in the Fifth Floor Area and approximately 505 rentable square feet in the Lab Support Area, subject to adjustment pursuant to Section 2.1(C). Annual Fixed Rent: (a) During the Original Lease Term: Period of Time Annual Fixed Rent Monthly Fixed Rent Commencement Date day immediately preceding the Rent Commencement Date: $ -0- $ -0- Lease Year 1: $ 2,088,970.00 $ 174,080.83 Lease Year 2: $ 2,151,639.10 $ 179,303.26 Lease Year 3: $ 2,216,188.27 $ 184,682.36 Lease Year 4: $ 2,282,673.92 $ 190,222.83 Lease Year 5: $ 2,351,154.14 $ 195,929.51 Lease Year 6: $ 2,421,688.76 $ 201,807.40 Lease Year 7: $ 2,494,339.43 $ 207,861.62 Lease Year 8: $ 2,569,169.61 $ 214,097.47 Lease Year 9: $ 2,646,244.70 $ 220,520.39 Lease Year 10: $ 2,725,632.04 $ 227,136.00

Related to Fifth Floor Area

  • Rentable Area 6.1. The term “Rentable Area” shall reflect such areas as reasonably calculated by Landlord’s architect, as the same may be reasonably adjusted from time to time by Landlord in consultation with Landlord’s architect to reflect changes to the Premises, the Building or the Project, as applicable.

  • Square Footage Buyer acknowledges that the square footage of the Property has not been measured by Seller, Seller’s broker or its auctioneer (including the square footage of the lot and home) and the square footage quoted on any marketing tools such as advertisements, brochures, MLS data, the auction website and any other information provided is based on information supplied to Seller and is deemed approximate and not guaranteed. Buyer further acknowledges that Buyer has not relied upon any such marketing tool and that such tools are not representations and/or warranties of Seller or its agent.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Space In order to facilitate the orderly, as well as the confidential, investigation of specific grievances, the University shall make available to Union Representatives or Stewards temporary use of an office or similar facility.

  • Altona Area Allowance As of 1 March 2024 an Employee within a 8 km radius from the intersection of Kororoit Creek Road and Millers Road, Altona shall, when employed on chemical or petrochemical plants or on commercial or industrial construction jobs within 1 km of the nearest part of the perimeter of such plants or within the perimeter of storage tank farms, be paid an all- purpose allowance of $1.55 per hour extra. This allowance will be adjusted annually in accordance with CPI (All Groups, Melbourne) movements measured in the twelve month period ending the previous December quarter effective as of 1 March 2025 rounded to the nearest 5 cents.