Lease Modification. Tenant agrees to modify this Lease in any way requested by a mortgagee which does not cause increased expense to Tenant or otherwise materially adversely affect Tenant's interests under this Lease.
Lease Modification. Assignor will not, except if expressly permitted in the Loan Documents, without the prior written consent of Assignee cancel, modify or surrender any lease now or in the future existing with respect to any unit in the Premises; xxxxx or reduce any rent due under any lease; modify, alter or amend any of the terms, provisions and conditions of any lease; and/or execute any new lease for any unit in the Premises.
Lease Modification. Should any mortgagee require a modification of this Lease, which modification will not bring about any increased cost or expense to Tenant or in any other way substantially change the rights and obligations of Tenant hereunder, Tenant agrees that this Lease may be so modified.
Lease Modification. 263 Notwithstanding anything herein contained to the contrary, this lease may be amended by mutual consent of 264 the parties hereto, in writing.
Lease Modification. If, in connection with obtaining financing for the ------------------ Real Property or any portion thereof, any Holder or Ground Lessor shall request reasonable modification to this Lease as a condition to such ground lease or financing, Tenant shall execute and deliver to Landlord, within ten (10) Business Days of Landlord's request, any such modification agreement so requested, provided such modifications do not materially adversely affect Tenant's rights or materially increase Tenant's obligations hereunder.
Lease Modification. The Parent shall use commercially reasonable efforts to obtain the release of the lessor of any Facility Lease to the termination of the guarantees made by Sxx Xxxxxxxx and any other guarantors of such Facility Leases (each, a “Guarantor”). If the Parent is unable to obtain the release of any Guarantor, then the Parent shall not have any obligation to obtain the release of such Guarantor and shall instead provide an indemnification agreement, in a form mutually agreed by the parties and pursuant to which the Parent shall indemnify such Guarantor for all payments and other liabilities of such Guarantor thereunder on a dollar-for-dollar basis.
Lease Modification. In the event any lending institution funding the Demised Premises or the Complex for the Lessor shall request reasonable modifications of this Lease as a condition of obtaining financing, Lessee will not unreasonably withhold, delay or defer its consent thereto, provided that such modifications do not adversely affect to a material degree the Lessee’s leasehold interest hereby created or increase the Basic Rent or Lessee’s Share of Complex Operating Costs or change the Term of this Lease or in any way increase Lessee’s obligations hereunder.
Lease Modification. If facts are discovered by drilling and/or by scientific discoveries, which require modification of the aforesaid Geothermal Energy Lease, at the request of either the Lessor or Lessee the appropriate modifications either in terminology or in substance shall be made in order to make the lease workable, and to clarify the terms of the lease.
Lease Modification. The Company shall cause the real estate lease for the Company's headquarters in Wyoming, Michigan, described in Section 3.13 of the Company Disclosure Schedule, to be modified, as of the Effective Date, to provide for a two (2) year term, but allowing the Surviving Corporation to terminate the Lease at any time upon six months notice to the Landlord.
Lease Modification. (a) Effective during the period commencing on the 29th Floor Premises Inclusion Date and ending on the Extended Expiration Date, the Lease shall be modified as follows:
(i) The Fixed Rent payable by Tenant pursuant to Section 1.04(a) of the Lease shall be increased by the following amounts during the following periods on account of the inclusion of the 29th Floor Premises:
(x) NINE HUNDRED NINE THOUSAND NINE HUNDRED TWENTY-SIX AND 00/100 ($909,926.00) DOLLARS per annum [or $75,827.17 per month], calculated on an annual basis at the rate of $46.00 per rentable square foot, during the period commencing on the 29th Floor Premises Inclusion Date and ending on the day immediately preceding the fifth (5th) anniversary of the 29th Floor Premises Inclusion Date; and
(y) ONE MILLION EIGHT THOUSAND EIGHT HUNDRED THIRTY-ONE AND 00/100 ($1,008,831.00) DOLLARS per annum [or $84,069.25 per month], calculated on an annual basis at the rate of $51.00 per rentable square foot, during the period commencing on the fifth (5th) anniversary of the 29th Floor Premises Inclusion Date and ending on the Extended Expiration Date.
(ii) With respect to the Additional Charges payable pursuant to Article 3 of the Lease (hereinafter called the “Basic Escalation Payments”) with respect to the Existing Premises, there shall be computed, in addition to the Basic Escalation Payments, escalation payments with respect to increases on account of Taxes and Operating Expenses attributable to the 29th Floor Premises. Additional Charges with respect to Taxes and Operating Expenses with respect to the 29th Floor Premises shall be computed in the same manner as adjustments of rent with respect to Taxes and Operating Expenses for the purpose of the Basic Escalation Payments, except that for the purpose of such computations with respect to the 29th Floor Premises:
(x) The “Base Operating Amount”, as such term is defined in Section 3.01(a) of the Lease shall mean the Operating Expenses incurred for the Operating Year commencing on January 1, 2010;
(y) The “Base Tax Amount”, as such term is defined in Section 3.01(b) of the Lease, shall mean one-half of the sum of (x) the Taxes for the Tax Year commencing July 1, 2009 and (y) the Taxes for the Tax Year commencing July 1, 2010, both as finally determined; and
(z) “Tenant’s Share”, as such term is defined in Section 3.01(i) of the Lease, shall mean 0.87 (0.87%) percent with respect to 29th Floor Premises.
