Option Rent. The Rent payable by Tenant during the Option Terms (the “Option Rent”) shall be equal to the “Market Rent,” as that term is defined in, and determined pursuant to, Exhibit H attached hereto, which Market Rent shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review of, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H.
Appears in 2 contracts
Samples: Office Lease (Anaptysbio Inc), Office Lease (Anaptysbio Inc)
Option Rent. The Rent payable by Tenant during the Option Terms Term (the “"Option Rent”") shall be equal to the “"Market Rent,” " as that term is defined in, and determined pursuant to, Exhibit H attached hereto, which Market Rent shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review of, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H..
Appears in 2 contracts
Samples: Lease Agreement (Cytokinetics Inc), Office Lease (Nektar Therapeutics)
Option Rent. The Rent payable by Tenant during the applicable Option Terms Term (the “"Option Rent”") shall be equal to the “Market Rent,” , as that term is defined in, and determined pursuant to, Exhibit H attached hereto, which Market Rent shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review ofis determined pursuant to Exhibit F, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H.attached hereto.
Appears in 1 contract
Samples: Office Lease (INPHI Corp)
Option Rent. The Rent rent payable by Tenant during the Option Terms Term (the “Option Rent”) shall be equal to the “Market Rent,” as that term is (defined inbelow), and determined pursuant to, Exhibit H attached hereto, which Market Rent but in no event shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review of, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H.Option Rent
Appears in 1 contract
Option Rent. The Rent payable by Tenant during the Option Terms Term (the “"Option Rent”") shall be equal to the “"Market Rent,” " as that term is defined in, and determined pursuant to, Exhibit H F attached hereto, which Market Rent shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review of, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H..
Appears in 1 contract
Samples: Office Lease (8x8 Inc /De/)
Option Rent. The Rent payable by Tenant during the Option Terms Term (the “Option Rent”) shall be equal to the “Market Rent,” , as that term is defined in, and determined pursuant to, Exhibit H attached hereto, which Market Rent shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review ofis determined pursuant to Exhibit F, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H.attached hereto.
Appears in 1 contract
Samples: Sublease Agreement (Snowflake Inc.)
Option Rent. The Rent payable by Tenant during the Option Terms Term (the “Option Rent”) shall be equal to the Market Rent as set forth below. For purposes of this Lease, the term “Market Rent,” shall mean rent (including additional rent and considering any “base year” or “expense stop” applicable thereto), including all escalations, at which tenants, as that term is defined in, and determined pursuant to, Exhibit H attached hereto, which Market Rent shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review of, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H.the
Appears in 1 contract
Samples: Office Lease (Favrille Inc)
Option Rent. The Rent payable by Tenant during the each Option Terms Term (the “Option Rent”) shall be equal to the “Market Rent,” as that term is defined in, and determined pursuant to, Exhibit H attached hereto, which Market Rent shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review of, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H.
Appears in 1 contract
Option Rent. The Rent rent payable by Tenant during the Option Terms (the “Option Rent”) shall be equal to the “Market Rent,” as that term is (defined in, and determined pursuant to, Exhibit H attached hereto, which below). “Market Rent Rent” shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review of, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H.mean [***].
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Option Rent. The Rent payable by Tenant during the Option Terms Term (the “"Option Rent”") shall be equal to the “"Market Rent,” " as that term is defined in, and determined pursuant to, Exhibit H attached hereto, which Market may be less than or greater than the Rent shall include annual escalations in connection with such Market Rent determination. The calculation of the Market Rent shall be derived from a review of, and comparison to, the “Net Equivalent Lease Rates” of the “Comparable Transactions,” as provided for in Exhibit H.effect
Appears in 1 contract
Samples: Office Lease (Okta, Inc.)