Lease of Expansion Space. Pursuant to the Expansion Agreement, Tenant leased from Landlord the Expansion Space (as such term is defined in the Expansion Agreement). The term of the Expansion Space is currently scheduled to expire on that date which is ten (10) business days following the 16th Floor Expansion Premises Effective Date (as defined in the Third Amendment). Landlord and Tenant hereby agree to amend the term of the Expansion Space such that the term of the Expansion Space will expire on that date (the "Amended Expansion Space Expiration Date") which is ten (10) business days following the 15th Floor Expansion Premises Effective Date. Tenant's lease of the Expansion Space shall be on and subject to all the terms and conditions of the Expansion Agreement, as amended herein. On or prior to the Amended Expansion Space Expiration Date, Tenant shall surrender the Expansion Space and deliver possession of the same to Landlord in a vacant and broom clean condition, free of all of Tenant's personal property, and otherwise in the condition required pursuant to the terms of the Lease. Any failure by Tenant to timely surrender possession of the Expansion Space in the condition required hereunder shall be a material breach of the Lease and, in addition, shall be subject to the provisions of Section 31 of the Office Lease.
Lease of Expansion Space. Effective on the Expansion Space Commencement Date, the Premises shall be expanded to include the Expansion Space. Accordingly, effective on the Expansion Space Commencement Date, Landlord leases the Expansion Space to Tenant and Tenant leases the Expansion Space from Landlord, and the following terms of the Original Lease are amended as follows:
Lease of Expansion Space. Landlord hereby leases the Expansion Space to Tenant and Tenant hereby leases the Expansion Space from Landlord for a term beginning on the Expansion Space Commencement Date (hereinafter defined) and continuing through the Expiration Date and any extension thereof; thus, the Lease term for the Expansion Space will be coterminous with the Lease term for the Current Premises.
Lease of Expansion Space. Subject to the terms and conditions set forth below, Landlord hereby agrees to lease to Tenant and Tenant hereby agrees to lease from Landlord the Expansion Space. The Expansion Space is currently occupied by Bendix Commercial Vehicle Systems LLC (the "Existing Tenant") and the Existing Tenant's lease is scheduled to expire on March 31, 2017. The date that Existing Tenant delivers possession of the Expansion Space to Landlord is hereinafter referred to as the »Existing Tenant Delivery Date". On the later to occur of one (1) business day after the Existing Tenant Delivery Date and March 31, 2017, Landlord shall offer Tenant possession of the Expansion Space (the "Landlord Delivery Date"). Tenant shall accept possession of the Expansion Space from Landlord on the Landlord Delivery Date in its "as is" condition. As of the Landlord Delivery Date, the total rentable area of the Premises (the Existing Premises and the Expansion Space) shall be 47,037 square feet. From and after the Landlord Delivery Date, all references in the Lease to the "Premises" shall include the Expansion Space. For purposes of this Third Amendment, the "Rent Commencement Date" shall mean the date that is ninety (90) days after the Landlord Delivery Date. When the Landlord Delivery Date and Rent Commencement Date are established by Landlord, Tenant shall, within five (5) business days after Landlord's request, complete and execute the memorandum attached hereto as Exhibit Band deliver It to Landlord. Tenant's failure to execute the memorandum attached hereto as Exhibit B within said five (5) business day period shall constitute Tenant's acknowledgment of the truth of the facts contained in the memorandum delivered by Landlord to Tenant. 2.
Lease of Expansion Space. (a) Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Expansion Space for a term (the "ES Term") commencing on the date on which the Expansion Space is delivered to Tenant in the condition required by Section 2(b) below (the "ES Commencement Date") and ending on the last day of the Term (as it may be extended pursuant to the terms of the Lease), subject to all of the terms and conditions of the Lease (including without limitation the payment of utility charges) except as expressly set forth in this Third Amendment. From and after the ES Commencement Date, (i) the "Premises" shall be deemed to mean, for all purposes of the Lease (as amended hereby), collectively the Original Premises and the Expansion Space (comprising a total of 130,258 rentable square feet in the aggregate), and (ii) Exhibit 2A to the Lease shall be deemed to include Exhibit A to this Third Amendment.
Lease of Expansion Space. Lessor hereby leases to Lessee, and Lessee leases from Lessor, commencing on the later of July 1, 2006 or upon substantial completion of the tenant improvements to Suite B and Suite C (the “Commencement Date for Expansion Space”; and for the duration of the initial term of the Lease, at the rental rate and upon the terms and conditions set forth herein, a total of approximately 6,107 rentable square feet (the “Expansion Space”). All “Punch List” items (as defined in section 8(d)), shall be completed within 30 days of substantial completion of the Tenant Improvement Work Project; otherwise, the amounts and date schedules shown for Lessee’s share of Operating Expenses in section 4(a) and Monthly Base Rent shown in section 5 below shall be prorated and reduced to reflect, a “Commencement Date of Expansion Space”, corresponding to the actual date the Punch List was completed. A delay in completion of the Punch List beyond the 30 days, the Commencement Date for the Expansion Space will also be delayed accordingly. Lessor shall deliver the Expansion Space to Lessee in the condition set forth in Section 2(c)(2) of the Lease.
Lease of Expansion Space. Landlord hereby leases to Tenant, and Tenant ------------------------ hereby hires from Landlord, upon the terms and conditions set forth in this Paragraph 48.9, that certain space in the Building located on the sixth (6th) floor which contains two thousand six hundred eighty-two (2,682) square feet of Rentable Area (the "Expansion Space") as depicted on Exhibit "A-4" attached hereto and made a part hereof. The term of the Lease with respect to the Expansion Space shall commence upon the Expansion Space Commencement Date and shall terminate on the same date as for the Premises. Within thirty (30) days following the Expansion Space Commencement Date, Landlord and Tenant shall execute a supplemental agreement, in letter form, setting forth the Expansion Space Commencement Date. All terms and conditions of the Lease shall apply to the Expansion Space as modified by this Amendment. The Premises and Expansion Space are sometimes hereinafter referred to as the Premises.
Lease of Expansion Space. If Tenant timely and validly exercises the Expansion Option, then this Lease shall be deemed to be modified to provide that the applicable Expansion Space shall become part of the Premises and, therefore, subject to all of the terms and conditions of the Lease which apply to the Premises, except that with respect to such Expansion Space:
Lease of Expansion Space. The lease of the Expansion Space shall become effective as of the date that Landlord delivers possession of the Expansion Space to Tenant (the “Expansion Space Effective Date”), estimated to be on or before 30 days of signing this agreement (the “Estimated Delivery Date.”) Tenant acknowledges and agrees that, prior to Landlord being able to deliver possession of the Expansion Space to Tenant, the current tenant of the Expansion Space, Informix Software, Inc. (“Informix”), must (a) enter into a lease amendment or lease termination agreement with Landlord relating to the Expansion Space, on terms and conditions acceptable to Landlord in its sole and absolute discretion, whereby Informix releases its rights with respect to the Expansion Space, and (b) vacate the Expansion Space, leaving it in the condition required by the terms of its lease. Landlord shall diligently attempt to induce Informix to enter into such a lease amendment or lease termination agreement with Landlord and vacate the Expansion Space on or before the Estimated Delivery Date; provided, however, that Landlord shall have no responsibility or liability to Tenant in the event that the Expansion Space is not delivered to Tenant on or before the Estimated Delivery Date because (i) Informix has not entered into such a lease amendment or lease termination agreement, or (ii) Informix has not vacated the Expansion Space on or prior to the Estimated Delivery Date, or (iii) Landlord must repair, restore or otherwise rehabilitate the Expansion Space as a result of Informix’s tenancy in the Expansion Space. In the event that the Expansion Space Effective Date has not occurred on or before 30 days of signing this agreement, the proposed lease of the Expansion Space between Landlord and Tenant shall become void and of no further force and effect, and Tenant shall only be obligated to lease from Landlord, and Landlord shall only be obligated to lease to Tenant, the Additional Space on the term and conditions set forth herein.
Lease of Expansion Space a. Effective as of July 1, 2018 (the “Expansion Date”), the Premises demised by the Lease are expanded to include approximately 8,754 square feet of space (the “Expansion Space”), representing the remaining rentable square footage of the Building not currently leased by Tenant under the Original Lease, as depicted on Exhibit A-1 attached hereto. For clarification purposes, the term for the Expansion Space shall be coterminous with the term of the Original Premises, and shall expire on the July 31, 2021 as indicated in Paragraph 2A of the Original Lease. From and after the Expansion Date, the term “Premises” where used in the Lease shall include the Expansion Space. Landlord and Tenant agree that the rentable square footage of the Expansion Space as set forth in this paragraph shall be conclusive and binding on the parties hereto.
