New Premises Sample Clauses

New Premises. To substitute for the Premises other premises (herein referred to as the "new premises") in the Building, provided: (i) the new premises shall be similar to the Premises in size (up to 10% larger or smaller with the Rent and any other rights and obligations of the parties based on the square footage of the Premises adjusted proportionately to reflect any decrease) , (ii) Landlord shall provide the new premises in a condition substantially comparable to the Premises at the time of the substitution (and Tenant shall diligently cooperate in the preparation or approval of any plans or specifications for the new premises as requested by Landlord or Landlord's representatives), (iii) the parties shall execute an appropriate amendment to the Lease confirming the change within thirty (30) days after Landlord requests, and (iv) if Tenant shall already have taken possession of the Premises: (a) Landlord shall pay the direct, out of pocket, reasonable expenses of Tenant in moving from the Premises to the new premises, and (b) Landlord shall give Tenant at least thirty (30) days' notice before making such change, and such move shall be made during evenings, weekends , or otherwise so as to incur the least inconvenience to Tenant. Tenant shall surrender and vacate the Premises on the date required in Landlord's notice of substitution, in the condition and as required under Section 22, and any failure to do so shall be subject to Section 23.

New Premises a. Landlord shall endeavor to deliver the New Premises to Tenant on or before September 1, 2014, in vacant, broom clean condition, with all base building systems and equipment in good working order and repair. Except as expressly provided in the prior sentence, the New Premises are being leased by Tenant in their condition as of the New Premises Delivery Date (as hereinafter defined), “As Is,” without representation or warranty by Landlord. Tenant acknowledges that it has inspected the New Premises and common facilities of the Building and, except as described in the foregoing sentence and the Base Building Work (as hereinafter defined), has found the same satisfactory. The date that Landlord delivers the New Premises to Tenant in such condition is hereinafter referred to as the “New Premises Delivery Date”. Tenant shall have access to the New Premises from and after the New Premises Delivery Date through the New Premises Commencement Date for the purposes of designing and performing the Initial Work in the Premises. Such access shall be subject to and upon all of the terms and conditions of the Lease other than the payment of Base Rent or Additional Rent. Tenant acknowledges that (i) all or a portion of the New Premises are currently occupied by other tenants, (ii) except as hereinafter provided, Landlord shall not be liable to Tenant for failing to deliver the New Premises, or any portion thereof, to Tenant by any particular date, and (iii) Tenant shall not have the right to terminate this Lease for Landlord’s failure to timely deliver the New Premises, or any portion thereof, to Tenant by any particular date, but shall accept delivery of such New Premises when delivered by Landlord. Notwithstanding the foregoing, if the New Premises Delivery Date has not occurred on or before September 1, 2014, other than as a result of force majeure, Tenant shall be entitled to an additional day for day credit against Base Rent for each day after such date that the New Premises Delivery Date has not occurred until November 30, 2014. If the New Premises Delivery Date has not occurred on or before December 1, 2014, other than as a result of force majeure, Landlord agrees to reimburse Tenant for actual third party costs incurred by Tenant in an amount not to exceed $250,000 (the “Existing Premises Work Costs”) to reconfigure or refurbish the Original Premises to enhance functionality and better accommodate employee occupancy (the “Existing Premises Work”). All of the Exis...

New Premises. The Premises as of the date of completion of the Phase 2 construction of the Student Center (“New Premises”) for the Food Coop shall be described as approximately 1,346 square feet, located in the Student Center, as further shown in Exhibit 2.

New Premises. Pursuant to the provisions of Section 4, below, Landlord has agreed to construct and prepare those certain premises in the Building containing approximately 5,390 rentable square feet (including a common area factor of twelve percent) and identified as the “New Premises” in Exhibit A, attached hereto (the “New Premises”) for the occupancy of Tenant. Upon the Acceptance Date (as such term is defined in Section 4(d) below), Landlord shall lease the New Premises unto Tenant, and Tenant shall lease the New Premises from Landlord, subject to and upon the terms and conditions set forth herein. Prior to the Acceptance Date, the term “Premises”, as used herein, shall refer solely to the Original Premises. Commencing on the Acceptance Date, and continuing thereafter for the remainder of the Term, the term “Premises”, as used herein, shall refer to the Original Premises and the New Premises, collectively, which shall be deemed to have 6,890 rentable square feet, subject to the provisions of Section 36 and Section 37 hereof relating to the First Floor Option Space and the Second Floor Option Space.

New Premises. (a) Commencing on the Effective Date, (“New Premises Commencement Date”). Landlord shall continue to lease to Tenant and Tenant shall continue to lease from Landlord the New Premises, Tenant shall have no further obligations as to Suite 200, except those obligations that arose prior to the Assignment that expressly survive the Assignment with respect to Suite 200, including Section 19(a) of the Sixth Amendment. (b) By the Confirmation of Lease Term substantially in the form of Exhibit B attached hereto (“COLT”), Landlord will notify Tenant of the New Premises Commencement Date, rentable square footage of the New Premises, the Fixed Rent for the remainder of the Term, and all other matters stated therein. The COLT will be conclusive and binding on Tenant as to all matters set forth therein unless, within 10 days following delivery of the COLT to Tenant, Tenant contests any of the matters contained therein by notifying Landlord in writing of Tenant’s objections. (c) Effective on the New Premises Commencement Date: (i) the “Premises” means the New Premises; (ii) the New Premises is deemed to contain 89,878 rentable square feet, and (iii) Tenant’s Share” means 58.21%.

New Premises. Intentionally omitted.

New Premises. Prior to entering into any lease of any real property, deliver to Bank any landlord consents, estoppels and subordinations as the Bank may reasonably request from the landlords of such premises, and from any other person who, by reason of Borrower's or its Subsidiaries' tenancy, may have claims against the assets of Borrower and its Subsidiaries located on such premises.

New Premises. Notwithstanding any provision to the contrary contained in the Lease, as hereby amended, prior to May 31, 2021, Tenant shall continue to pay Base Rent for the New Premises in accordance with the terms of Section 3 of the Third Amendment. Commencing on June 1, 2021, and continuing thereafter throughout the Modified Term, Tenant shall pay to Landlord monthly installments of Base Rent for the New Premises as follows: Period During Modified Term Annual Base Rent Monthly Installment of Base Rent Approximate Annual Rental Rate per Rentable Square Foot June 1, 2021 – Extended Expiration Date $ 3,237,875.80 $ 269,822.98 $ 77.61 * * The amount identified in the column entitled “Approximate Annual Rental Rate per Rentable Square Foot” is a rounded amount and is provided for informational purposes only.

New Premises. Notwithstanding any provision to the contrary contained in the Lease, as amended hereby, Tenant shall continue to pay Tenant’s Share of Direct Expenses in connection with the New Premises in accordance with the terms of the Lease, as amended hereby, provided that with respect to the calculation of Tenant’s Share of Direct Expenses for the New Premises, commencing as of June 1, 2021 and continuing thereafter throughout the remainder of the Modified Term, the Base Year shall be the calendar year 2015.

New Premises. The Premises as of the date of completion, estimated in September, 2007, of the Phase 2 construction of the Student Center (“New Premises”), for Groundwork Books shall be described as approximately 1,216 square feet, located in the Student Center, as further shown in Addendum C-2.