Lease of Property. (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 the real property described in Exhibit A attached hereto (the “Site”), to consist of a two-story office and laboratory building containing approximately 80,000 square feet (measured in accordance with the BOMA standard most closely applicable to a two-story, single-tenant building of this nature). The location of the Building on the Site is intended to be substantially as shown for “Building A” on the site plan attached hereto as Exhibit B. The Building and the other improvements to be constructed, pursuant to Article 5 hereof and Exhibit C attached hereto, on the portion of the Site designated as “Phase II” on Exhibit B attached hereto (the “Phase II Site”) are sometimes referred to collectively herein as the “Improvements,” and the Improvements and the Phase II Site are sometimes referred to collectively herein as the “Property.” The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II Site that lie outside the exterior walls of the Building, as depicted on the site plan attached hereto as Exhibit B, are sometimes referred to herein as the “Common Areas.” The Site is part of The Britannia Biotechnology Center in South San Francisco, California. (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 easements, access rights and similar rights and privileges relating to or appurtenant to the Property and created or existing from time to time under any easement agreements, declarations of covenants, conditions and restrictions, or other written agreements now of record with respect to the Site, including (but not limited to) the portion of the Site designated as “Phase I” on Exhibit B attached hereto (the “Phase I Site”) which Phase I Site is currently leased by Tenant from Landlord pursuant to that certain Build-To-Suit Lease between Tenant and Britannia Developments, Inc. dated April 20, 1995, as amended by that certain First Amendment to Build-To-Suit Lease and Workletter dated June 15, 1995 (the “Phase I Lease”), subject however to any limitations applicable to such rights and privileges under applicable law and/or under the written agreements creating such rights and privileges.
Appears in 2 contracts
Samples: Sublease (Five Prime Therapeutics Inc), Sublease (Five Prime Therapeutics Inc)
Lease of Property. (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 the real property described in Exhibit A attached hereto (the “"Site”") and the building (the "Initial Building") to be constructed, pursuant to Paragraph 5 hereof and the Work Letter attached hereto as Exhibit C (the "Work Letter"), on the Site, to consist of a two-two- story office and laboratory building containing approximately 80,000 104,000 rentable square feet (feet. The area of the Initial Building shall be measured in accordance with the BOMA a standard most closely applicable reasonably acceptable to a two-story, single-tenant building of Landlord and Tenant. Landlord represents that it has adequate financial resources to perform its obligations under this nature)Lease. The location of the Initial Building on the Site is intended to be substantially as shown for “Building A” on the site plan attached hereto as Exhibit B. The Initial Building and the other improvements to be constructed, constructed pursuant to Article Paragraph 5 hereof and Exhibit C attached hereto, the Work Letter on the portion of the Site designated as “Phase II” on Exhibit B attached hereto (the “Phase II Site”) are sometimes referred to collectively herein as the “Improvements,” and the Improvements and the Phase II Site are sometimes referred to collectively herein as the “"Improvements," and the Improvements and the Site are sometimes referred to collectively herein as the "Property.” " The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II Site that lie outside the exterior walls of the Initial Building, as depicted on the site plan attached hereto as Exhibit B, are sometimes referred to herein as the “Common "Outside Areas.” " The Site is part of The Britannia Biotechnology the Torrey Pines Science Center in South San FranciscoLa Jolla, California.
(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 easements, access rights and similar rights and privileges relating to or appurtenant to the Property and created or existing from time to time under any easement agreements, declarations of covenants, conditions and restrictions, or other written agreements now of record with respect to the Site, including (but not limited to) the portion of the Site designated as “Phase I” on Exhibit B attached hereto (the “Phase I Site”) which Phase I Site is currently leased by Tenant from Landlord pursuant to that certain Build-To-Suit Lease between Tenant and Britannia Developments, Inc. dated April 20, 1995, as amended by that certain First Amendment to Build-To-Suit Lease and Workletter dated June 15, 1995 (the “Phase I Lease”), subject however to any limitations applicable to such rights and privileges under applicable law and/or under the written agreements creating such rights and privileges.
Appears in 1 contract
Lease of Property. (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 the real property described in Exhibit A attached hereto (the “--------- "Site”"), to consist of a two-story office and laboratory building containing approximately 80,000 square feet (measured in accordance with the BOMA standard most closely applicable to a two-story, single-tenant building of this nature). The location of the Building on the Site is intended to be substantially as shown for “"Building A” " on the site plan attached hereto as Exhibit B. The --------- Building and the other improvements to be constructed, pursuant to Article 5 hereof and Exhibit C attached hereto, on the portion of the Site designated as “--------- "Phase II” " on Exhibit B attached hereto (the “"Phase II Site”") are sometimes --------- referred to collectively herein as the “"Improvements,” " and the Improvements and the Phase II Site are sometimes referred to collectively herein as the “"Property.” " The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II Site that lie outside the exterior walls of the Building, as depicted on the site plan attached hereto as Exhibit B, are --------- sometimes referred to herein as the “"Common Areas.” " The Site is part of The Britannia Biotechnology Center in South San Francisco, California.
(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 easements, access rights and similar rights and privileges relating to or appurtenant to the Property and created or existing from time to time under any easement agreements, declarations of covenants, conditions and restrictions, or other written agreements now of record with respect to the Site, including (but not limited to) the portion of the Site designated as “Phase I” on Exhibit B attached hereto (the “Phase I Site”) which Phase I Site is currently leased by Tenant from Landlord pursuant to that certain Build-To-Suit Lease between Tenant and Britannia Developments, Inc. dated April 20, 1995, as amended by that certain First Amendment to Build-To-Suit Lease and Workletter dated June 15, 1995 (the “Phase I Lease”), subject however to any limitations applicable to such rights and privileges under applicable law and/or under the written agreements creating such rights and privileges.
Appears in 1 contract
Samples: Build to Suit Lease (Tularik Inc)
Lease of Property. (a) Landlord leases to Tenant and Tenant hires and leases from Landlord, on the terms, covenants and conditions hereinafter set forth, the building (the “"Initial Building”") to be constructed pursuant to Article 5 hereof and Exhibit C --------- attached hereto on the real property described in Exhibit A attached hereto (the “--------- "Site”"), to consist of a two-story office and laboratory building containing approximately 80,000 66,127 square feet (measured in accordance with the BOMA standard most closely applicable to a two-story, single-tenant building of this nature). The location of the Initial Building on the Site is intended to be substantially as shown for “"Building A” B" on the site plan attached hereto as Exhibit B. The --------- Initial Building and the other improvements to be constructed, pursuant to Article 5 hereof and Exhibit C attached hereto, on the portion of the Site --------- designated as “"Phase II” I" on Exhibit B attached hereto (the “"Phase II I Site”") are --------- sometimes referred to collectively herein as the “"Improvements,” " and the Improvements and the Phase II I Site are sometimes referred to collectively herein as the “"Property.” " The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II I Site that lie outside the exterior walls of the Initial Building, as depicted on the site plan attached hereto as Exhibit B, --------- are sometimes referred to herein as the “"Common Areas.” " The Site is part of The Britannia Biotechnology Center in South San Francisco, California.
(b) As an appurtenance to Tenant’s 's leasing of the Initial 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 easements, access rights and similar rights and privileges relating to or appurtenant to the Property and created or existing from time to time under any easement agreements, declarations of covenants, conditions and restrictions, or other written agreements now of record with respect to the Site, including (but not limited to) the portion of the Site designated as “"Phase I” II" on Exhibit B attached hereto (the “"Phase I II --------- Site”) which Phase I Site is currently leased by Tenant from Landlord pursuant to that certain Build-To-Suit Lease between Tenant and Britannia Developments, Inc. dated April 20, 1995, as amended by that certain First Amendment to Build-To-Suit Lease and Workletter dated June 15, 1995 (the “Phase I Lease”"), subject however to any limitations applicable to such rights and privileges under applicable law and/or under the written agreements creating such rights and privileges.
Appears in 1 contract
Samples: Build to Suit Lease (Tularik Inc)
Lease of Property. (a) Landlord leases to Tenant and Tenant hires and leases from Landlord, on the terms, covenants and conditions hereinafter set forth, the building (the “Initial Building”) to be constructed pursuant to Article 5 hereof and Exhibit C attached hereto on the real property described in Exhibit A attached hereto (the “Site”), to consist of a two-story office and laboratory building containing approximately 80,000 66,127 square feet (measured in accordance with the BOMA standard most closely applicable to a two-story, single-tenant building of this nature). The location of the Initial Building on the Site is intended to be substantially as shown for “Building AB” on the site plan attached hereto as Exhibit B. The Initial Building and the other improvements to be constructed, pursuant to Article 5 hereof and Exhibit C attached hereto, on the portion of the Site designated as “Phase III” on Exhibit B attached hereto (the “Phase II I Site”) are sometimes referred to collectively herein as the “Improvements,” and the Improvements and the Phase II I Site are sometimes referred to collectively herein as the “Property.” The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II I Site that lie outside the exterior walls of the Initial Building, as depicted on the site plan attached hereto as Exhibit B, are sometimes referred to herein as the “Common Areas.” The Site is part of The Britannia Biotechnology Center in South San Francisco, California.
(b) As an appurtenance to Tenant’s leasing of the Initial Building pursuant to Section 1.1(al.l(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 easements, access rights and similar rights and privileges relating to or appurtenant to the Property and created or existing from time to time under any easement agreements, declarations of covenants, conditions and restrictions, or other written agreements now of record with respect to the Site, including (but not limited to) the portion of the Site designated as “Phase III” on Exhibit B attached hereto (the “Phase I II Site”) which Phase I Site is currently leased by Tenant from Landlord pursuant to that certain Build-To-Suit Lease between Tenant and Britannia Developments, Inc. dated April 20, 1995, as amended by that certain First Amendment to Build-To-Suit Lease and Workletter dated June 15, 1995 (the “Phase I Lease”), subject however to any limitations applicable to such rights and privileges under applicable law and/or under the written agreements creating such rights and privileges.
Appears in 1 contract
Samples: Sublease (Macrogenics Inc)