First Expansion Space Sample Clauses

First Expansion Space. Tenant shall have the right to expand into additional space in the Building adjacent to the Leased Premises and consisting of not less than 90,000 square feet and not more than 120,000 square feet (the “First Expansion Space”) upon delivery of written notice to Landlord of such election (“Tenant’s Notice”). Tenant’s Notice to expand into the First Expansion Space shall be delivered to Landlord on or before July 1, 2010 and shall specify the effective date of Tenant’s intended occupancy of the First Expansion Space (the “First Expansion Occupancy Date”). The First Expansion Occupancy Date shall be no earlier than January 1, 2011 and no later than March 1, 2012. In the event Tenant timely notifies Landlord of its intent to expand into the First Expansion Space, Landlord shall, at its sole cost and expense, relocate any then existing tenant (or tenants) occupying the First Expansion Space to another space in the Building or in the Park such that Tenant shall have occupancy of the First Expansion Space by the First Expansion Occupancy Date. Prior to the First Expansion Occupancy Date, Landlord and Tenant shall amend the Lease to include the First Expansion Space on the same terms and conditions set forth in the Lease, and the First Expansion Space shall become part of the Leased Premises subject to the following changes: (i) The term for the First Expansion Space shall be coterminous with the term for the Leased Premises; provided, however, that the term for the First Expansion Space shall be not less than ten (10) years. If the term of the First Expansion Space would then exceed the Lease Term for the Leased Premises, the Lease Term for the Leased Premises shall be extended automatically to the extent necessary, to be coterminous with the term for the First Expansion Space. The Minimum Annual Rent for the First Expansion Space shall be equal to the “Fair Market” Base Rent Rate, as determined in the manner set forth above, provided however, that in no event shall Tenant’s Minimum Annual Rent per square foot for the First Expansion Space be less than the highest Minimum Annual Rent per square foot payable during the Lease Term for the Leased Premises. If, as a result of Tenant’s exercise of its right to expand into the First Expansion Space, as set forth herein, the Lease Term for the Leased Premises is extended, then the Minimum Annual Rent for all of the Leased Premises during any such extended term shall be increased at a rate of two percent (2%) per annum t...

First Expansion Space. With respect to the First Expansion Space only, (a) Tenant’s Base Year shall be the calendar year 2004 and Tenant shall commence paying Tenant’s Proportionate Share of increases Operating Expenses effective January 1, 2005, and (b) Tenant’s Proportionate Share of the Total Rentable Area of the Office Tower shall be 1.1027% (based on 6,189 rentable square feet of Expansion Space and 561,235 rentable square feet in the Office Tower) and Tenant’s Proportionate Share of the Total Rentable Area of the Project is 1.0339% (based on 598,635 rentable square feet in the Project).

First Expansion Space. The Term with respect to the First Expansion Space shall commence on the First Expansion Space Commencement Date and shall expire (if not otherwise terminated sooner in accordance with the terms of the Lease or this Amendment) on June 30, 2028 (the “Revised Expiration Date”).

First Expansion Space. The first paragraph of Section 3(A) of the Special Stipulations to the Lease is deleted in its entirety: “Tenant shall have the right to expand into additional space in the Building adjacent to the Leased Premises and consisting of not less than 90,000 square feet and not more than 120,000 square feet (the “First Expansion Space”) upon delivery of written notice to Landlord of such election (“Tenant’s Notice”). Tenant’s Notice to expand into the First Expansion Space shall be delivered to Landlord on or before July 1, 2010 and shall specify the effective date of Tenant’s intended occupancy of the First Expansion Space (the “First Expansion Occupancy Date”). The First Expansion Occupancy Date shall be no earlier than January 1, 2011 and no later than March 1, 2012.” and replaced with the following: “Tenant shall have the right to expand into additional space in the Building adjacent to the Leased Premises and consisting of not less than 90,000 square feet and not more than 152,035 square feet (the “First Expansion Space”) upon delivery of written notice to Landlord of such election (“Tenant’s Notice”). Tenant’s Notice to expand into the First Expansion Space shall be delivered to Landlord on or before November 1, 2010 and shall specify the effective date of Tenant’s intended occupancy of the First Expansion Space (the “First Expansion Occupancy Date”). The First Expansion Occupancy Date shall be no earlier than May 1, 2011 and no later than July 1, 2012.”

First Expansion Space. Subject to the occurrence of a Force Majeure Delay or a Tenant Delay (both hereinafter defined), Landlord agrees to substantially complete the construction of the First Expansion Space Finish Work by January 15, 1998 (the "First Expansion Space Estimated Commencement Date"). In the event of a Force Majeure Delay or a Tenant Delay, the First Expansion Space Estimated Commencement Date shall be extended one (1) day for every day of such delay. If Landlord is delayed in completing such construction by January 15, 1998, for any reason other than a Force Majeure Delay or a Tenant Delay, then (i) Tenant's obligation to pay rent under the Lease for that portion of the First Expansion Space which is untenable shall be abated until ten (10) days after substantial completion of the First Expansion Space Finish Work, and (ii) Tenant shall be entitled to an additional rental abatement, which shall be applied towards the rent payable for the Initial Space, in an amount equal to the difference between (a) the base rental (at the holdover rates) payable by Tenant for the portion of Tenant's existing premises which Tenant intends to vacate in order to occupy the First Expansion Space, and (b) the Basic Rental which would be payable by Tenant under this Lease for the First Expansion Space for each day of such delay prior to the date of substantial completion of the First Expansion Space Finish Work. The foregoing rental

First Expansion Space. Landlord leases to Tenant and Tenant leases from Landlord approximately 1,650 square feet of additional Rentable Square Feet (the “First Expansion Space”) located on the 4th floor of the Building. The term “Premises” as used in the Lease means and includes approximately 20,190 Rentable Square Feet, being the sum of the Rentable Square Feet of the current Premises (18,540 Rentable Square Feet) and the First Expansion Space (1,650 Rentable Square Feet) as depicted on Exhibit A attached hereto. The lease of the First Expansion Space is subject to all of the terms and conditions of the Lease currently in effect, except as modified in this Amendment. The expansion described in this Amendment shall not constitute an exercise of Tenant’s preferential right set forth in Rider 2 to the Lease which shall remain in full force and effect. Tenant acknowledges that it has no further expansion rights or options, or other preferential rights under the Lease, except as set forth in the preceding sentence.

First Expansion Space. That certain space known as Suite 250 located on the second (2nd) floor of the Building consisting of 4,893 rentable square feet, as outlined on the floor plan attached hereto as Exhibit “A” and made a part hereof, may be referred to herein as the “First Expansion Space.” Effective as of the date that Landlord delivers possession of the First Expansion Space to Tenant, professionally cleaned in Landlord’s Building-standard manner and with all of the Building’s heating, ventilation, air conditioning, electrical, lighting, plumbing and other systems serving the First Expansion Space in good working order (such date of delivery in such condition to be referred to herein as the “First Expansion Commencement Date”), Tenant shall lease from Landlord and Landlord shall lease to Tenant the First Expansion Space. Accordingly, effective upon the First Expansion Commencement Date, the Existing Premises shall be increased to include the First Expansion Space. Landlord and Tenant hereby agree that such addition of the First Expansion Space to the Existing Premises shall, effective as of the Pint Expansion Commencement Date, increase the number of rentable square feet leased by Tenant in the Building to a total of 19,844 rentable square feet. The First Expansion Commencement Date is anticipated to be September 1, 2006. Effective as of the First Expansion Commencement Date, all references to the “Premises” shall mean and refer lo the Existing Premises as expanded by the First Expansion Space.

First Expansion Space. Landlord leases to Tenant and Tenant leases from Landlord approximately 13,772 square feet of additional Rentable Square Footage (the “First Expansion Space”) located on floor 17 of the Building as shown on the attached Exhibit “A”, which is incorporated into this Amendment for all purposes. The term “Premises” as used in the Lease means and includes approximately 38,909 square feet of Rentable Square Footage, being the sum of the Rentable Square Footage of the current Premises (25,137 square feet of Rentable Square Footage) and the First Expansion Space. The lease of the First Expansion Space is subject to all of the terms and conditions of the Lease currently in effect, except as modified in this Amendment.

First Expansion Space. Commencing upon the First Expansion Space Commencement Date and continuing throughout the First Expansion Space Term, the Base Rent due and payable for the First Expansion Space shall be in the following amounts: 10/01/06 – 06/30/07 $ 0.00 $ 0.00 7,403 07/01/07 – SESCD $ 26.00 $ 16,039.83 7,403 Second Expansion Space. Commencing upon the Second Expansion Space Commencement Date and continuing during the remainder of the Term, Base Rent due and payable for the Second Expansion Space shall be in the following amounts: SESCD – 06/30/08 $ 26.00 $ 22,438.00 10,356 07/01/08 – 12/31/08 $ 27.00 $ 28,926.00 12,856 01/01/09 – 06/30/09 $ 27.00 $ 34,551.00 15,356 07/01/09 – 06/30/10 $ 28.00 $ 35,830.67 15,356 07/01/10 – 06/30/11 $ 29.00 $ 37,110.33 15,356 07/01/11 – 06/30/12 $ 30.00 $ 38,390.00 15,356 07/01/12 – ED $ 31.00 $ 39,669.67 15,356 * Amounts shown are minimum; actual Rentable Square Feet and corresponding Monthly Base Rent will be adjusted according to Tenant exercising its rights pursuant to Paragraph 0 below.

First Expansion Space. F-2 First Renewal Term...........................................................F-1 First Take Space.............................................................F-1 Fiscal Year....................................................................7