Leeway Period Clause Samples

Leeway Period. If Tenant elects to cause the applicable Expansion ------------- Space to be included within the Premises as aforesaid, then: (i) Landlord shall have the flexibility of delivering possession of the applicable Expansion Space, or portions thereof, to the Tenant at any time within a "leeway period" which occurs in the case of the First Expansion Space as defined in paragraphs (A) (2) (iii) and (iv), above, and in the case of other Expansion Space within a period beginning six (6) months prior to and ending six (6) months subsequent to the expiration of the sixtieth (60th), one hundred thirty-eighth (138th), one hundred ninety-eighth (198th), and two hundred fifty-eighth (258th) calendar month of the Lease Term, as may be applicable and as modified by the provisions of Section 3.2(B) if applicable; and (ii) Effective as of the date when Landlord delivers possession of the applicable Expansion Space, or portions thereof, to the Tenant, the applicable Expansion Space, or such portions thereof, shall become a part of the Premises demised under this Lease for the balance of the Term of this Lease, as it may be extended; and (iii) The Annual Fixed Rent attributable to the applicable Expansion Space and payments on account of real estate taxes, operating costs and electricity for any remaining portion of the original Lease Term and any Extended Term (as defined in Section 3.2.1 hereof) respecting the Expansion Space shall be as determined in accordance with the provisions of this Section 2.3.