Common use of No Default Funding Clause in Contracts

No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this _____ day of, ___________, ____, between ARE-SD REGION NO. 66, LLC, a Delaware limited liability company (“Landlord”), and RAYZEBIO, INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated __________, _____ (the “Lease”), by and between Landlord and Xxxxxx. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is __________, _____, and the termination date of the Base Term of the Lease shall be midnight on __________, _____. In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (RayzeBio, Inc.)

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No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. 1165 Eastlake/Adaptive - Page 1 This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this _____ day of, of ______________, ____, between ARE-SD REGION SEATTLE NO. 6612, LLC, a Delaware limited liability company (“Landlord”), and RAYZEBIO, INC.ADAPTIVE BIOTECHNOLOGIES CORPORATION, a Delaware Washington corporation (“Tenant”), and is attached to and made a part of the Lease dated ______________, _____ (the “Lease”), by and between Landlord and XxxxxxTenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is ______________, _____, the Rent Commencement Date is ______________, _____, and the termination date of the Base Term of the Lease shall be midnight on ______________, _____. In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Adaptive Biotechnologies Corp)

No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this _____ day of, of ______________, ____, between ARE-SD REGION SAN FRANCISCO NO. 6617, LLC, a Delaware limited liability company (“Landlord”), and RAYZEBIO, ULTRAGENYX PHARMACEUTICAL INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated ______________, _____ (the “Lease”), by and between Landlord and XxxxxxTenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is ______________, _____, and the termination date of the Base Term of the Lease shall be midnight on ______________, _____. In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Ultragenyx Pharmaceutical Inc.)

No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this _____ day of, of ______________, ____, between ARE-SD REGION NO. 66ARE-7030 KIT CREEK, LLC, a Delaware limited liability company (“Landlord”), and RAYZEBIOFOUNDATION MEDICINE, INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated ______________, _____ (the “Lease”), by and between Landlord and XxxxxxTenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is ______________, _____, the Rent Commencement Date is ______________, _____, and the termination date of the Base Term of the Lease shall be midnight on ______________, _____. In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Foundation Medicine, Inc.)

No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. [Remainder of page left blank] This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made as of this _____ day of, of ______________, ____, between ARE-SD MA REGION NO. 6675, LLC, a Delaware limited liability company (“Landlord”), and RAYZEBIOFORMA THERAPEUTICS, INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the that certain Lease Agreement dated as of ______________, _____ 2020 (the “Lease”), by and between Landlord and XxxxxxTenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is ______________, _____, and the termination expiration date of the Base Term of the Lease shall be midnight at 11:59 p.m. on ______________, ______ (subject to earlier termination or extension as provided in the Lease). In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Forma Therapeutics Holdings, Inc.)

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No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this _____ day of, of ______________, ____, between ARE-SD REGION SEATTLE NO. 6628, LLC, a Delaware limited liability company (“Landlord”), and RAYZEBIO, ALPINE IMMUNE SCIENCES INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated ______________, _____ (the “Lease”), by and between Landlord and XxxxxxTenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is ______________, _____, the Rent Commencement Date shall be ______________, _____, and the termination date of the Base Term of the Lease shall be midnight on ______________, _____. In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Alpine Immune Sciences, Inc.)

No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this _____ day of, of ______________, ____, between ARE-SD REGION NO. 6636, LLC, a Delaware limited liability company (“Landlord”), and RAYZEBIOTANDEM DIABETES CARE, INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated ______________, _____ (the “Lease”), by and between Landlord and XxxxxxTenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is ______________, _____, the Rent Commencement Date is ______________, _____, and the termination date of the Base Term of the Lease shall be midnight on ______________, _____. In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Tandem Diabetes Care Inc)

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