METHODOLOGY FOR REVIEWING AND COMPARING THE COMPARABLE TRANSACTIONS. In order to analyze the Comparable Transactions based on the factors to be considered in calculating Market Rent, and given that the Comparable Transactions may vary in terms of length of term, rental rate, concessions, etc., the following steps shall be taken into consideration to “adjust” the objective data from each of the Comparable Transactions. By taking this approach, a “Net Equivalent Lease Rate” for each of the Comparable Transactions shall be determined using the following steps to adjust the Comparable Transactions, which will allow for an “apples to apples” comparison of the Comparable Transactions.
Appears in 18 contracts
Samples: Office Lease (DoorDash Inc), Office Lease, Office Lease (DoorDash Inc)
METHODOLOGY FOR REVIEWING AND COMPARING THE COMPARABLE TRANSACTIONS. In order to analyze the Comparable Transactions based on the factors to be considered in calculating Market Rent, and given that the Comparable Transactions may vary in terms of length of term, rental rate, concessions, etc., the following steps shall be taken into consideration to “"adjust” " the objective data from each of the Comparable Transactions. By taking this approach, a “"Net Equivalent Lease Rate” " for each of the Comparable Transactions shall be determined using the following steps to adjust the Comparable Transactions, which will allow for an “"apples to apples” " comparison of the Comparable Transactions.
Appears in 12 contracts
Samples: Office Lease (Evofem Biosciences, Inc.), Office Lease (Retrophin, Inc.), Office Lease (Acadia Pharmaceuticals Inc)
METHODOLOGY FOR REVIEWING AND COMPARING THE COMPARABLE TRANSACTIONS. In order to analyze the Comparable Transactions based on the factors to be considered in calculating Market Rent, and given that the Comparable Transactions may vary in terms of length of or term, rental rate, concessions, etc., the following steps shall be taken into consideration to “adjust” the objective data from each of the Comparable Transactions. By taking this approach, a “Net Equivalent Lease Rate” for each of the Comparable Transactions shall be determined using the following steps to adjust the Comparable Transactions, which will allow for an “apples to apples” comparison of the Comparable Transactions.
Appears in 8 contracts
Samples: Office Lease (Snowflake Inc.), Office Lease (Square, Inc.), Office Lease (Yelp Inc)
METHODOLOGY FOR REVIEWING AND COMPARING THE COMPARABLE TRANSACTIONS. In order to analyze the Comparable Transactions based on the factors to be considered in calculating Market Rent, and given that the Comparable Transactions may vary in terms of length of or term, rental rate, concessions, etc., the following steps shall be taken into consideration to “"adjust” " the objective data from each of the Comparable Transactions. By taking this approach, a “"Net Equivalent Lease Rate” " for each of the Comparable Transactions shall be determined using the following steps to adjust the Comparable Transactions, which will allow for an “"apples to apples” " comparison of the Comparable Transactions.
Appears in 7 contracts
Samples: Partial Lease Termination Agreement (Zentalis Pharmaceuticals, Inc.), Office Lease (Pulmonx Corp), Office Lease (Pulmonx Corp)
METHODOLOGY FOR REVIEWING AND COMPARING THE COMPARABLE TRANSACTIONS. In order to analyze the Comparable Transactions based on the factors to be considered in calculating Fair Market RentRental Value, and given that the Comparable Transactions may vary in terms of length of or term, rental rate, concessions, etc., the following steps shall be taken into consideration to “adjust” the objective data from each of the Comparable Transactions. By taking this approach, a “Net Equivalent Lease Rate” for each of the Comparable Transactions shall be determined using the following steps to adjust the Comparable Transactions, which will allow for an “apples to apples” comparison of the Comparable Transactions.
Appears in 1 contract
Samples: Lease Agreement (Brocade Communications Systems Inc)
METHODOLOGY FOR REVIEWING AND COMPARING THE COMPARABLE TRANSACTIONS. In order to analyze the Comparable Transactions based on the factors to be considered in calculating Market RentRent and in connection with calculations under Section 2.2 of this Lease, and given that the Comparable Transactions may vary in terms of length of or term, rental rate, concessions, etc., the following steps shall be taken into consideration to “"adjust” " the objective data from each of the Comparable Transactions. By taking this approach, a “"Net Equivalent Lease Rate” " for each of the Comparable Transactions shall be determined using the following steps to adjust the Comparable Transactions, which will allow for an “"apples to apples” " comparison of the Comparable TransactionsTransactions and Economic Terms.
Appears in 1 contract
Samples: Sorrento Summit (Nuvasive Inc)
METHODOLOGY FOR REVIEWING AND COMPARING THE COMPARABLE TRANSACTIONS. In order to analyze the Comparable Transactions based on the factors to be considered in calculating Fair Market Rent, and given that the Comparable Transactions may vary in terms of length of or term, rental rate, concessions, etc., the following steps shall be taken into consideration to “"adjust” the objective data from each of the Comparable Transactions. By taking this approach, a “Net Equivalent Lease Rate” for each of the Comparable Transactions shall be determined using the following steps to adjust the Comparable Transactions, which will allow for an “apples to apples” comparison of the Comparable Transactions.
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