New Premises Term. The term of Tenant's lease of the New Premises shall commence on the date (the "New Premises Commencement Date") which is the earliest to occur of (a) January 1, 2015, (b) the date upon which the improvements to the New Premises are "Substantially Complete" (as defined in Section 7.2 below), or (c) the date upon which Tenant first commences to conduct business in the New Premises. Landlord and Tenant acknowledge that the Lease Term for the Original Premises is scheduled to expire on January 31, 2018, pursuant to the terms of the Lease. Notwithstanding anything to the contrary set forth in the Lease, the Lease Term for the New Premises shall expire on (i) the day immediately preceding the fifth (5th) anniversary of the New Premises Commencement Date, if the New Premises Commencement Date falls on the first day of a calendar month, or (ii) the last day of the month in which the fifth (5th) anniversary of the New Premises Commencement Date occurs, if the New Premises Commencement Date falls on any day other than the first day of a calendar month, unless sooner terminated as provided in the Original Lease, as amended by this First Amendment (the “New Premises Lease Expiration Date”). The period of time beginning on the New Premises Commencement Date and ending on the New Premises Lease Expiration Date shall be referred to herein as the “New Premises Term.” Consequently, effective upon the New Premises Commencement Date, all references in the Lease to the “Lease Term” shall mean and refer to the New Premises Term.
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New Premises Term. The term of Tenant's lease of the New Premises shall commence on the date (the "New Premises Commencement Date") which is the earliest to occur of (a) January 1, 2015, (b) the date upon which the improvements to the New Premises are "Substantially Complete" (as defined in Section 7.2 below), or (c) the date upon which Tenant first commences to conduct business in the New Premises. Landlord and Tenant acknowledge that notwithstanding Tenant’s termination and surrender of the Lease Term for the Original Existing Premises is scheduled to expire on January 31, 2018as set forth in Section 3 of this Second Amendment, pursuant to the terms of the Lease, the Lease Term with respect to the Existing Premises is scheduled to expire on June 30, 2015. Notwithstanding anything to the contrary set forth in the Lease, effective as the New Premises Commencement Date, the Lease Term for the New Premises shall expire on (i) be extended beyond June 30, 2015, through and including the last day immediately preceding the fifth (5th) anniversary of the New Premises Commencement Date, if ninetieth (90th) full calendar month from and after the New Premises Commencement Date falls on (the first day of a calendar month, or (ii) the last day of the month in which the fifth (5th) anniversary of the “New Premises Commencement Date occurs, if the New Premises Commencement Date falls on any day other than the first day of a calendar monthTerm Expiration Date”), unless sooner terminated as provided in the Original Lease, as hereby amended by this First Amendment (the “New Premises Lease Term Expiration Date”), on the terms and conditions set forth in this Second Amendment. By way of example only, if the New Premises Commencement Date occurs on October 1, 2013, then the New Premises Term Expiration Date shall be March 31, 2021; and if the New Premises Commencement Date occurs on October 15, 2013, then the New Premises Term Expiration Date shall be April 30, 2021. The period of time beginning on the New Premises Commencement Date and ending on the New Premises Lease Term Expiration Date shall be referred to herein as the “New Premises Term.” Consequently, effective upon the New Premises Commencement Date, all references in the Lease to the “Lease Term” shall mean and refer to At any time during the New Premises Term, Landlord may deliver to Tenant a notice in the form materially comparable to that attached to the Office Lease as Exhibit C, as confirmation only of the information set forth therein, which Tenant shall execute and return to Landlord within five (5) days receipt thereof.
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Sources: Office Lease (Appdynamics Inc), Office Lease (Appdynamics Inc)
New Premises Term. (a) Upon the terms and conditions of the Lease as amended by this Amendment, Landlord hereby leases the New Premises to Tenant, and Tenant hereby leases the New Premises from Landlord. The term of Tenant's lease of the Lease with respect to the New Premises (the “New Premises Term”) shall commence on the date (the "“New Premises Commencement Date"”) which that is the earliest earlier to occur of (a) January 1, 2015, (bi) the date upon which the improvements to the New Premises are "Substantially Complete" (as defined in Section 7.2 below), or (c) the date upon which Tenant first commences to conduct business in any portion of the New Premises, and (ii) seven (7) days following the date of “Substantial Completion of the Tenant Improvements”, as such term is defined in Section 5.1 of Exhibit “B” attached hereto. Landlord and Tenant acknowledge that The determination of the Lease Term for the Original New Premises Commencement Date is scheduled subject to expire on January 31, 2018, Section 5.2 of Exhibit “B” attached hereto. Unless sooner terminated pursuant to the terms of the Lease. Notwithstanding anything to the contrary set forth in the LeaseLease (as hereby amended), the Lease Term for the New Premises Term shall expire on the date (ithe “New Premises Expiration Date”) the day immediately preceding the fifth (5th) 60-month anniversary of the New Premises Commencement Date, ; provided that if the New Premises Commencement Date falls on is not the first day of a calendar the month, or (ii) then the New Premises Expiration Date shall be the last day of the month in which the fifth (5th) 60-month anniversary of the New Premises Commencement Date occurs. Except as expressly set forth in this Amendment, all of the terms and conditions of the Lease shall apply to the New Premises during the New Premises Term, and the “Lease Term” as defined in the Lease shall include the New Premises Term. During the 7-day period referenced in clause (ii) above (if applicable), all of the provisions of the Lease as amended by this Amendment shall apply with respect to the New Premises, but Tenant shall not be obligated to pay Base Rent or Additional Rent for Project Expenses with respect to the New Premises until the New Premises Commencement Date falls on Date.
(b) At any day other than the first day of a calendar month, unless sooner terminated as provided in the Original Lease, as amended by this First Amendment (the “New Premises Lease Expiration Date”). The period of time beginning on the New Premises Commencement Date and ending on the New Premises Lease Expiration Date shall be referred to herein as the “New Premises Term.” Consequently, effective upon following the New Premises Commencement Date, all references in the Landlord may deliver to Tenant a Notice of Lease to the “Lease Term” shall mean and refer Term Dates with respect to the New Premises Termin the form attached hereto as Exhibit “C”, which notice Tenant shall execute and return within ten (10) days after its receipt thereof, and the dates set forth therein shall thereafter be conclusive and binding on Landlord and Tenant.
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