General Rental Provisions. All “Rent” (which includes Basic Monthly Rent, and any “Additional Rent” hereunder) shall be paid to Landlord at the same address as notices are to be delivered to Landlord pursuant to the Principal Lease Provisions, as Landlord may change such address from time to time pursuant to the terms of this Lease. The Rentable Area of the Premises and the Building are, at Landlord’s election, subject to verification by Landlord’s space planner or architect. That verification shall be made in accordance with this Paragraph. Tenant’s space planner or architect may consult with Landlord’s space planner or architect regarding that verification. Verification of the Rentable Area of the Premises and the Building shall be done, if at all, within sixty (60) days of the Lease Commencement Date. Verification of the Rentable Area of the Building may be accomplished within such 60-day period If Landlord’s space planner or architect determines that the Rentable Area of the Premises or the Building is different from that stated in this Lease, all Rent and other calculations under this Lease that are based on that incorrect amount shall be modified in accordance with that determination. If that determination is made, it shall be confirmed in writing by Landlord to Tenant. In the event Tenant disputes Landlord’s redetermination, and the parties are unable to agree upon the actual size of the Premises (as so re-measured) within 30 days of Landlord’s notice to Tenant, such issue will be arbitrated in the same manner as matters are to be arbitrated pursuant to Paragraph 10.2.
Appears in 2 contracts
Samples: Modified Gross Office Lease, Modified Gross Office Lease (Bakbone Software Inc)
General Rental Provisions. All “Rent” (which includes Basic Monthly Rent, Rent and any all “Additional Rent” hereunder) shall be paid to Landlord at the same address as notices are to be delivered to Landlord pursuant to the Principal Lease Provisions, as Landlord may change such address from time to time pursuant to the terms of this Lease. The Usable Square Footage and/or Rentable Area Square Footage of the Premises and the Building are, at Landlord’s or Tenant’s election, subject to verification by Landlord’s space planner or architect. That verification shall be made in accordance with this Paragraph. Tenant’s space planner or architect may consult with Landlord’s space planner or architect regarding that verification. Verification of Any such verification under this Paragraph shall be undertaken in accordance with the Rentable Area of the Premises and American National Standard Method for Xxxxxxxxx Xxxxx Xxxx xx Xxxxxx Xxxxxxxxx, XXXX X00, 0X0000, or any successor standard adopted by the Building shall be done, if at all, within sixty (60) days of the Lease Commencement DateOwners and Managers Association International and accepted by Landlord in its sole discretion. Verification of the Rentable Area of the Building may be accomplished within such 60-day period If Landlord’s space planner or architect determines that the Usable Square Footage and/or Rentable Area Square Footage of the Premises or the Building is different from that stated in this Lease, all Rent and other calculations under this Lease that are based on that incorrect amount shall be modified in accordance with that determination. If that determination is made, it shall be confirmed in writing by Landlord to Tenant. In the event Tenant disputes Landlord’s redetermination, and the parties are unable to agree upon the actual size of the Premises (as so re-measured) within 30 days of Landlord’s notice to Tenant, such issue will be arbitrated in the same manner as matters are to be arbitrated pursuant to Paragraph 10.23.2.5. above, except that the arbitrator will be a licensed architect or appraiser and not a real estate broker.
Appears in 1 contract
Samples: Office Lease Agreement (Somaxon Pharmaceuticals, Inc.)
General Rental Provisions. All “"Rent” " (which includes Basic Monthly Rent, and any “"Additional Rent” " hereunder) shall be paid to Landlord at the same address as notices are to be delivered to Landlord pursuant to the Principal Lease Provisions, as Landlord may change such address from time to time pursuant to the terms of this Lease. The Rentable Area of the Premises and the Building Buildings are, at Landlord’s 's or Tenant's election, subject to verification by Landlord’s 's space planner or architect; provided, however, any such remeasurement of the Premises shall only occur if the Premises are expanded or decreased in size, and such remeasurement shall only be of the added or subtracted portion, which Rentable Square Footage shall be added to or subtracted from the Rentable Area of the Premises (as determined in accordance with Paragraph 2.4, above), as applicable. That verification shall be made in accordance with this Paragraph. Tenant’s 's space planner or architect may consult with Landlord’s 's space planner or architect regarding that verification. Verification of the Rentable Area of the Premises and the Building Any such verification under this paragraph shall be done, if at all, within sixty (60) days of undertaken in accordance with the Lease Commencement DateBOMA Standards. Verification of the Rentable Area of the Building may be accomplished within such 60-day period If Landlord’s 's space planner or architect determines that the Rentable Area of the Premises or the Building Buildings is different from that stated in this Lease, all Rent and other calculations under this Lease that are based on that incorrect amount shall be modified in accordance with that determination. If that determination is made, it shall be confirmed in writing by Landlord to Tenant. In the event Tenant disputes Landlord’s 's redetermination, and the parties are unable to agree upon the actual size of the Premises (as so re-measured) within 30 days of Landlord’s 's notice to Tenant, such issue will be arbitrated in the same manner as matters are to be arbitrated pursuant to Paragraph 10.23.2.5, above, except that the arbitrator will be a licensed architect or appraiser and not a real estate broker.
Appears in 1 contract
Samples: Modified Gross Office Lease (Bridgepoint Education Inc)
General Rental Provisions. All “Rent” (which includes Basic Monthly Rent, and any “Additional Rent” hereunder) shall be paid to Landlord at the same address as notices are to be delivered to Landlord pursuant to the Principal Lease Provisions, as Landlord may change such address from time to time pursuant to the terms of this Lease. The Rentable Area of the Premises and the Building Buildings are, at LandlordLandlord or Tenant’s election, subject to verification by Landlord’s space planner or architect. That verification shall be made in accordance with this Paragraph. Tenant’s space planner or architect may consult with Landlord’s space planner or architect regarding that verification. Verification of the Rentable Area of the Premises and the Building shall be done, if at all, within sixty (60) 60 days of the Lease Commencement Date. Verification of the Rentable Area of the Building Buildings may also be accomplished within such 60-day period period. Any such verification under this paragraph shall be undertaken in accordance with the American National Standard Method for Measuring Floor Area in Office Buildings, ANSI Z65.1C1996 (revised and adopted June 7, 1996) or successor standard(s), adopted by the Building Owners and Managers Association International. If Landlord’s space planner or architect determines that the Rentable Area of the Premises or the Building Buildings is different from that stated in this Lease, all Rent and other calculations under this Lease that are based on that incorrect amount shall be modified in accordance with that determination. If that determination is made, it shall be confirmed in writing by Landlord to Tenant. In the event Tenant disputes Landlord’s redetermination, and the parties are unable to agree upon the actual size of the Premises (as so re-re- measured) within 30 days of Landlord’s notice to Tenant, such issue will be arbitrated in the same manner as matters are to be arbitrated pursuant to Paragraph 10.23.2.4, above, except that the arbitrator will be a licensed architect or appraiser and not just a real estate broker.
Appears in 1 contract
Samples: Modified Gross Office Lease (Bumble Bee Capital Corp.)