Lease of Building. (a) Landlord leases to Tenant and Tenant hires and leases from Landlord, on the terms, covenants and conditions hereinafter set forth, the building (the "BUILDING") to be constructed pursuant to Article 5 hereof and EXHIBIT C attached hereto on a portion of the real property described in EXHIBIT A attached hereto (the "PROPERTY"), to consist of a three-story office and laboratory building containing approximately 82,000 square feet. The location of the Building on the Property is intended to be substantially as shown for the building designated "BUILDING D" on the site plan attached hereto as EXHIBIT B (the "SITE PLAN"). The Property is commonly known as Britannia Oyster Point (the "CENTER") and is located at Oyster Point Boulevard and Veterans Boulevard in the City of South San Francisco, County of San Mateo, State of California. The Building and the other improvements to be constructed on the Property pursuant to Article 5 hereof and EXHIBIT C attached hereto are sometimes referred to collectively herein as the "IMPROVEMENTS." The parking areas, driveways, sidewalks, landscaped areas and other portions of the Center that lie outside the exterior walls of the buildings to be constructed in the Center, as depicted in the Site Plan and as hereafter modified by Landlord from time to time in accordance with the provisions of this Lease, are sometimes referred to herein as the "COMMON AREAS."
(b) As an appurtenance to Tenant's leasing of the Building pursuant to Section 1.1(a), Landlord hereby grants to Tenant, for the benefit of Tenant and its employees, suppliers, shippers, customers and invitees, during the term of this Lease, the non-exclusive right to use, in common with others entitled to such use, (i) those portions of the Common Areas improved from time to time for use as parking areas, driveways, sidewalks, landscaped areas, or for other common purposes, and (ii) all access easements and similar rights and privileges relating to or appurtenant to the Center and created or existing from time to time under any access easement agreements, declarations of covenants, conditions and restrictions, or other written agreements now or hereafter of record with respect to the Center, subject however to any limitations applicable to such rights and privileges under applicable law, under this Lease and/or under the written agreements creating such rights and privileges.
Lease of Building. In accordance with the provisions of this Agreement, the Lessor shall lease the Building to the Lessee, and the Lessee shall lease the Building from the Lessor.
Lease of Building. Landlord's Reserved Rights..
Lease of Building. Party A shall assist the Company to lease the Building for the Joint Venture . In case Party A fails to assist the Company to sign Plant Lease Contract or fails to provide the Plant to the Company in accordance with Plant Lease Contract, the following remedies can be considered:
(a) The Company may find other plants and any additional expenses and/or costs arising out of or related to non-execution or non-performance of the Plant Lease Contract by Party A shall be borne by Party A; or
(b) Party B may earlier terminate this Contract at its sole discretion due to Party A’s failure of assisting the company to provide the Plant which leads to breach of the Contract.
Lease of Building. The Borrower shall not Lease any portion of the Building unless (i) the Lease is substantially in a form previously approved by the Bank and contains provisions satisfactory to the Bank that the Lease is subordinate to the Loan and that the Tenant will attorn to Bank or a purchaser as landlord in the event of foreclosure on the Loan, and (ii) if the proposed Lease is for a space in excess of 10,000 square feet, the Bank, in its commercially reasonable discretion approves of the tenant and the substantive terms of the Lease. If the Bank fails to respond within ten (10) days after receipt of a request from Borrower for approval of any Lease, said Lease shall be deemed approved by Bank.
Lease of Building. 1 1.2 Landlord's Reserved Rights...............................................1 1.3 Right of First Offer.....................................................2
Lease of Building. Landlord hereby leases the Building to Tenant, and Tenant hereby leases the Building from Landlord, upon all of the terms, covenants and conditions contained in this Lease.
Lease of Building. In consideration of the agreements contained herein, Landlord hereby leases the Building to Tenant, and Tenant hereby leases the Building from Landlord, for the Term and upon the terms and conditions hereinafter provided. It is specifically understood that the rentable area of the Building has been determined by the Building's Architect according to the Building Owners and Managers Association International Standard Method for Measuring Floor Space in Office Buildings (1996) (the "BOMA Method"), that Tenant was given the opportunity to verify this determination prior to the Date of Lease, and that the rentable area of the Building for all purposes under this Lease shall be as set forth in Section 1.1. Unless and until otherwise determined in accordance with the next sentence, the rentable area of Building II shall be deemed to be the rentable area set forth in Section 1.2. Upon substantial completion of Building II, the rentable area of Building II will be determined by the Building's Architect according to the BOMA Method, will be confirmed in writing to Tenant, and will be subject to verification by Tenant's Architect, at Tenant's sole expense, within thirty (30) days thereafter. In the event that the measurement by the Building's Architect, as may be verified by Tenant's Architect, shall result in a determination by the parties that the rentable area of Building II is more or less than the rentable area set forth in Section 1.2, Tenant's Proportionate Share shall be adjusted in accordance with Section 1.11 using the corrected measurement. In the event there shall occur during the Term any permanent increase or decrease to the rentable area of either the Building or Building II, Tenants' Proportionate Share shall be appropriately adjusted as of the date of substantial completion of such change.
Lease of Building. TERX. Xxxxxxxx xxxxxx leases to Tenant all that certain office space comprised of approximately 25,000 square feet ("Leased Premises") in that certain 173,000 square foot building ("Building") known as 600 Kuebler Road, Easton, Pennsylvania and further described on the xxxxxxxx Xxxxxxx X, which is incorporated herein by reference (the "Property") (the --------- Building and the Property are sometimes herein collectively called the "Premises") to be used and occupied for the purpose of operating a commercial office for Tenant's business for the term of five (5) years (the "Term"), commencing on the Effective Date of the Lease. The parties agree to execute a memorandum expressing the commencement and termination dates and the renewal term dates upon the determination thereof.
Lease of Building. Landlord, in consideration of the rents and covenants hereinafter set forth, does hereby demise, let and lease to Tenant, and Tenant does hereby hire, take and lease from Landlord, on the terms and conditions hereinafter set forth, the Building, to have and to hold the same, with all appurtenances, unto Tenant for the Term hereinafter specified. Tenant agrees that it will comply with the terms and conditions of the Services Agreement as it relates to the Building and the Campus.
