First Floor Space Sample Clauses

First Floor Space. The First Floor Space consists of eighteen thousand seventy-one (18,071) rentable square feet of space on the first floor of the Building and includes shaft and/or mechanical space in the basement and on the first, second, third, fourth, fifth and penthouse levels of the Building. The Rent Commencement Date for the First Floor Space is June 7, 2008.

First Floor Space. (a) Landlord hereby leases to Tenant and Tenant hereby hires from Landlord the First Floor Space for a term (the "Additional Space Term") to commence on the First Floor Space Commencement Date and ending on the Expiration Date, unless the Term shall sooner cease and terminate as provided in the Lease. Effective as of the First Floor Space Commencement Date, and except as set forth herein, all references in the Lease to the "demised premises" shall be deemed to include the First Floor Space and the provisions and conditions of the Lease shall apply to the First Floor Space with the same force and effect as if such space were leased to Tenant together with the "demised premises" originally demised to Tenant under the Lease. For the period commencing on the First Floor Space Possession Date and ending on the date immediately preceding the First Floor Space Commencement Date (the "Preparation Period") Tenant shall be entitled to occupy the First Floor Space for the purpose of performing Tenant's initial work therein and, upon completion of such work, for the purposes expressly permitted pursuant to Article 5 of the Lease. Tenant's occupancy of the First Floor Space during the Preparation Period shall be subject to all of the terms and conditions of the Lease (including, without limitation, Tenant's indemnification obligation pursuant to Article 38 of the Lease and Tenant's obligation to maintain insurance pursuant to Section 9.09 of the Lease, but excluding Tenant's obligation to pay basic annual rent pursuant to Article 1 of the Lease and Taxes and Operating Expenses pursuant to Article 3 of the Lease). (b) Tenant hereby agrees to pay to Landlord basic annual rent for the First Floor Space as follows: (i) for the period commencing on the First Floor Space Commencement Date and ending on September 14, 2004 (the "First Rent Period") at the annual rate of FOUR HUNDRED FORTY-NINE THOUSAND SIX HUNDRED SIXTEEN AND 00/100 DOLLARS ($449,616.00), payable in equal monthly installments of THIRTY-SEVEN THOUSAND FOUR HUNDRED SIXTY-EIGHT AND 00/100 DOLLARS ($37,468.00); and (ii) for the period commencing on September 15, 2004 and ending on the Expiration Date (the "Second Rent Period"), at the annual rate of FOUR HUNDRED NINETY-SIX THOUSAND NINE HUNDRED FORTY-FOUR AND 00/100 DOLLARS ($496,944 00), payable in equal monthly installments of FORTY-ONE THOUSAND FOUR-HUNDRED TWELVE AND 00/100 DOLLARS ($41,412.00). (c) From and after the First Floor Space Commencement Date, Tenan...

First Floor Space. (a) Effective as of May 1, 2000 (the “First Floor Space Commencement Date”), (i) Tenant shall lease the space described on Exhibit A-1 annexed hereto, all or substantially all of which shall be vertically contiguous to the second floor portion of the Premises and accessible directly from the exterior of the Building by a separate entrance and corridor that is comparable to the existing entrances to the Building, (the “First Floor Space”) on the terms and conditions hereinafter set forth, (ii) this Lease, subject to the provisions of this Article 11, shall be extended to cover the First Floor Space with the same force and effect as if the First Floor Space had been originally included in the Premises, and (iii) this Lease shall be deemed amended as follows: (A) The “Premises” as used in this Lease shall include the First Floor Space. (B) Section 2.02 hereof shall be modified to provide that the Base Rent for the First Floor Space only shall be the greater of (1) 90% of the annual fair market fixed rent for the First Floor Space determined pursuant to Section 9.01(g) hereof, to the extent applicable to the First Floor Space for the unexpired Term, and (2) the product of 25,000 multiplied by the Base Rent payable by Tenant per rentable square foot for the remainder of the Premises on the First Floor Space Commencement Date. (C) The “Tenant’s Percentage” shall be increased by 20.9% to appropriately reflect the incorporation of the First Floor Space into the Premises. (D) Landlord shall contribute an amount up to $800,000 multiplied by the fraction the numerator of which is the number of full months remaining in the Term on May 1, 2000, and the denominator of which is 120 (the “First Floor Contribution”). The First Floor Contribution shall be disbursed by Landlord in the same manner and subject to the same conditions as Landlord’s Contribution is disbursed with respect to the Initial Improvements. (E) Landlord shall install meter(s) to measure the consumption of electricity in the First Floor Space, and, until such time as the meter or meters that measure electricity furnished to the First Floor Space have been installed, Tenant shall pay for electricity at the same rate per rentable square foot of the First Floor Space as Tenant is required to pay for the space originally demised hereunder. (F) Landlord shall perform, at its sole expense, item 1 of Landlord’s Work and all other work reasonably necessary to upgrade all Building mechanical systems, including, wi...