Modification and Amendment of Lease Sample Clauses

Modification and Amendment of Lease. Landlord and Tenant do hereby modify and amend the Lease as follows: (1) The definition of "Approximate Rentable Area of the Premises" appearing in Paragraph 1 of the Lease is hereby modified and amended by adding the following provision at the end thereof: "In addition, effective as of the Fifth Floor Expansion Effective Date (which may occur prior to, contemporaneously with, or after the Third Floor Expansion Effective Date and/or the Fourth Floor Expansion Effective Date), the Approximate Rentable Area of the Premises shall be increased by 18,105 square feet." (2) The definition of "Base Rent" appearing in Paragraph 1 of the Lease is hereby modified and amended by adding the following provision at the end thereof: "In addition, from and after the Fifth Floor Expansion Effective Date, Base Rent shall also mean and include the following additional Base Rent: RENTAL ANNUAL MONTHLY RATE PER RENTABLE BASE BASE DATE: SQ. FT. RENT RENT ----- ----------------- ------ ------- From The Fifth Floor $15.00 $271,575.00 $22,631.25 Expansion Effective Date through July 31, 2000 From August 1, 2000 $15.75 $285,153.75 $23,762.81 through July 31, 2001 From August 1, 2001 $16.50 $298,732.50 $24,894.37 through July 31, 2002 From August 1, 2002 $17.25 $312,311.25 $26,025.93 through July 31, 2003 From August 1, 2003 $17.75 $321,363.75 $26,780.31 through July 31, 2004 From August 1, 2004 $18.50 $334,942.50 $27,911.87 through July 31, 2005 From August 1, 2005 $18.75 $339,468.75 $28,289.06 through July 31, 2006 From August 1, 2006 $19.25 $348,521.25 $29,043.43 through July 31, 2007 From August 1, 2007 $19.75 $357,573.75 $29,797.81 through July 31, 2008 From August 1, 2008 $20.25 $366,626.25 $30,552.18 through July 31, 2009 (3) The definition of "Base Year Operating Costs" appearing in Paragraph 1 of the Lease is hereby modified and amended by replacing the word "and" in the fourth line thereof with a comma, and by adding the phrase "and the Fifth Floor Expansion Premises" to the fourth line thereof immediately following the word "Premises" and before the word ", respectively". (4) The Lease is hereby modified and amended by adding the following new definitions immediately after the defined term "Estimated Costs" and immediately preceding the defined term "Fourth Floor Expansion Effective Date":
Sample 1
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Modification and Amendment of Lease. Landlord and Tenant do hereby modify and amend the Lease as follows: (a) Section 2 of the Basic Lease Provisions and Section 1 of the Lease are hereby amended so that the total Rentable Square Feet of the Premises equals 18,843 square feet, 8,843 of which is located on the first floor and known as Suite 100 and 10,000 of which is located on the second floor and known as Suite 200. Further, the portion of Exhibit “A-1” attached to the Lease and showing the First Floor Primary Premises is hereby deleted and replaced with the drawing attached to this Amendment as Exhibit “A”. (b) Section 4 of the Basic Lease Provisions is hereby deleted in its entirety and replaced with the following: “Base Rent + Operating Expenses (See Sections 2, 3 and 13): 1* $0.00 $ 0.00 $ 0.00 2 $11.07 + $6.25** = $17.32 $ 27,200.66 $ 326,407.87 3 $11.40 + $6.25** = $17.65 $ 27,722.25 $ 332,667.04 4 $11.75 + $6.25** = $18.00 $ 28,259.50 $ 339,113.99 5 $12.10 + $6.25** = $18.35 $ 28,812.86 $ 345,754.35 6 $12.46 + $6.25** = $18.71 $ 29,382.83 $ 352,593.91 7 $12.84 + $6.25** = $19.09 $ 29,969.89 $ 359,638.67 8 $13.22 + $6.25** = $19.47 $ 30,574.56 $ 366,894.77 9 $13.62 + $6.25** = $19.87 $ 31,197.38 $ 374,368.55 10 $14.03 + $6.25** = $20.28 $ 31,838.88 $ 382,066.54 11 $14.45 + $6.25** = $20.70 $ 32,499.62 $ 389,995.48 * For first twelve (12) months of the first Lease Year, there will be no charge for Rent. ** For Lease Years 2-11, the amount of $6.25 shown for Operating Expenses are included for estimating purposes only and may vary as described below in Section 13 of the Lease.” (c) Section 5 of the Basic Lease Provisions and Section 13 of the Lease are hereby amended so that “Tenant’s Share” means 21.51% (calculated by dividing the rentable square feet of the Premises by 87,600 (the total rentable square feet in the Building)). (d) Section 1 of the Lease is hereby amended to delete the requirement, ab initio, that Tenant is obligated to pay Operating Expenses for the Interim Space. (e) Section 34 of the Lease is hereby amended so that Tenant is entitled to use 75 total parking spaces, including its 8 reserved parking spaces (calculated by applying the four spaces per each thousand rate by the rentable square feet of the Premises). (f) Section 45 of the Lease and the Work Letter, attached as Exhibit B to the Lease, are hereby amended so that the Allowance equals $602,976. The Allowance is made up of the Space Planning Allowance of $37,686 (calculated at $2.00 per rentable square foot of t...
Sample 1
Modification and Amendment of Lease. Agent, Landlord and Tenant do hereby modify and amend the Lease as follows:
Sample 1
Modification and Amendment of Lease. Landlord and Tenant do hereby modify and amend the Lease as follows: a) Paragraph 1(A) of the Lease, appearing on page 2 thereof, is hereby modified and amended by deleting the definition of "Landlord's Address", and by substituting in lieu thereof the following new definition:
Sample 1

Related to Modification and Amendment of Lease

  • Modification and Amendment This Agreement may not be changed, modified, discharged or amended, except by an instrument signed by all of the parties hereto.

  • Modification and Amendments If a Fund shall determine that the coverage required by Rule 17g-1 for the Fund has changed, or that the amount of the total coverage allocated to the Fund should otherwise by modified, it shall so notify the other Funds and shall set forth the modification which it believes to be appropriate, and the proposed treatment of any increase in or return of premium paid to the insurance company. Within 60 days after such notice, the Funds shall seek the approvals required by Rule 17g-1, and if the approvals are obtained, shall effect an amendment to this Agreement and the bond. Any Fund may terminate this Agreement (except with respect to losses occurring prior to such withdrawal) by giving at least 60 days’ written notice to the other Funds and to the Commission before the effective date of such termination. The Fund terminating the Agreement shall thereafter be removed as a named insured under the bond in accordance with Rule 17g-1 and the Fund shall be entitled to receive a pro rata portion of any return of premium paid to the insurance company.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows:

  • Amendment of Loan Agreement The Loan Agreement is hereby modified and amended as follows:

  • Waiver and Amendment Any provision of this Agreement may be waived at any time by the party that is entitled to the benefits of such provision. This Agreement may not be modified, amended, altered or supplemented except upon the execution and delivery of a written agreement executed by the parties hereto.

  • Amendment, Modification and Waiver This Agreement may not be amended, modified or waived except by an instrument or instruments in writing signed and delivered on behalf of each of the parties hereto.

  • Amendment, Modification and Supplement Upon amendment, modification and supplement of this Contract shall be subject to the written agreement executed by each party.

  • Modifications; Amendment This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Noteholder. Additionally, for as long as any Note is contained in a Securitization Trust, the Noteholders shall not amend or modify this Agreement without first receiving a Rating Agency Confirmation; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification or amendment (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Servicing Agreement, (ii) entered into pursuant to Section 32 of this Agreement or (iii) to correct or supplement any provision herein that may be defective or inconsistent with any other provisions of this Agreement.

  • First Amendment The Administrative Agent shall have received multiple counterparts as requested of the this First Amendment from each Lender.

  • FIRST AMENDMENT TO LEASE This First Amendment to Lease (this “Amendment”), made as of March 16, 2006, by and between ARE-MA REGION NO. 28, LLC, a Delaware limited liability company (“Landlord”) and ALNYLAM PHARMACEUTICALS, INC., a Delaware corporation (“Tenant”).

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