Common use of LEASE TERM; LEASE DATE Clause in Contracts

LEASE TERM; LEASE DATE. The term of this lease (“Lease Term”) shall be for the period of time commencing on the Lease Commencement Date, set forth in the BLI Rider, and ending on the Lease Expiration Date as likewise set forth in the BLI Rider, unless further extended pursuant to Exhibit “F” (“Renewal Option”) or earlier terminated, as otherwise provided in this Lease. If Landlord is unable to deliver possession of the Premises on the estimated Lease Commencement Date by reason of the holding over of any prior tenant or occupant, delay caused by any alteration or construction work, or for any other reason not attributable to fault on the part of Tenant, Tenant shall not be required to commence payment of any form of Rent other than pre-paid rent and security deposit outlined in the Basic Lease Information Rider, Section 4, due under this Lease until the Rent Commencement Date has been attained. However, nothing contained in this Section 2 shall operate to extend the Lease Term. Tenant’s obligation to pay all rent, including Base Rent, Overhead Rent and, as applicable, Additional Rent (collectively, “Rent”), as such terms are hereafter defined, will commence on the Rent Commencement Date. Landlord shall prepare a Certification of Lease Commencement Date, Rent Commencement Date and Expiration Date in the form attached hereto as Exhibit “G” for Tenant’s counter-execution following the determination of the Lease Commencement Date. Tenant shall observe and perform all of its obligations under this Lease (except its obligations to conduct business) from the earlier to occur of the date that Premises are delivered to Tenant for purposes of commencement of the Tenant Improvements, if Tenant is to be responsible hereunder for constructing Tenant Improvements or the date Tenant otherwise takes possession of the Premises until the Commencement Date in the same manner as thought the Lease Term began when the Premises were so delivered to Tenant. Under no circumstances, however, may Tenant enter into possession of the Premises before the earlier to occur of the date that the Premises are delivered to Tenant for the purpose of commencement of Tenant Improvements or the Lease Commencement Date without the express written consent of Landlord and subject to any reasonable terms of the consent. Tenant shall not be required to pay Rent for any period before the Commencement Date. Tenant shall have the right to terminate the lease after fifty-four (54) months, with six (6) months prior written notice to Landlord, and upon payment to Landlord of unamortized leasing commissions, tenant improvement costs and rent abatement.

LEASE TERM; LEASE DATE. The term of this lease (“Lease Term”) shall be for the period of time commencing on the Lease Commencement Date, set forth in the BLI Rider, and ending on the Lease Expiration Date as likewise set forth in the BLI Rider, unless further extended pursuant to Exhibit “F” (“Renewal Option”) or earlier terminated, as otherwise provided in this Lease. If Landlord is unable to deliver possession of the Premises on the estimated Lease Commencement Date by reason of the holding over of any prior tenant or occupant, delay caused by any alteration or construction work, or for any other reason not attributable to fault on the part of Tenant, Tenant shall not be required to commence payment of any form of Rent other than pre-paid rent and security deposit outlined in the Basic Lease Information Rider, Section 4, due under this Lease until the Rent Commencement Date has been attained. However, nothing contained in this Section 2 shall operate to extend the Lease Term. Tenant’s obligation to pay all rent, including Base Rent, Overhead Rent and, as applicable, Additional Rent (collectively, “Rent”), as such terms are hereafter defined, will commence on the Rent Commencement Date. Landlord shall prepare a Certification of Lease Commencement Date, Rent Commencement Date and Expiration Date in the form attached hereto as Exhibit “G” for Tenant’s counter-execution following the determination of the Lease Commencement Date. Tenant shall observe and perform all of its obligations under this Lease (except its obligations to conduct business) from the earlier to occur of the date that Premises are delivered to Tenant for purposes of commencement of the Tenant Improvements, if Tenant is to be responsible hereunder for constructing Tenant Improvements or the date Tenant otherwise takes possession of the Premises until the Commencement Date in the same manner as thought the Lease Term began when the Premises were so delivered to Tenant. Under no circumstances, however, may Tenant enter into possession of the Premises before the earlier to occur of the date that the Premises are delivered to Tenant for the purpose of commencement of Tenant Improvements or the Lease Commencement Date without the express written consent of Landlord and subject to any reasonable terms of the consent. Tenant shall not be required to pay Rent for any period before the Commencement Date. Tenant shall have the right to terminate the lease after fifty-four sixty (5460) months, with six (6) months prior written notice to Landlord, and upon payment to Landlord of unamortized leasing commissions, tenant improvement costs and rent abatement.