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Common use of Option Rent Clause in Contracts

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

Samples: Standard Office Lease (Limelight Networks, 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 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

Samples: Office Lease (Entropic Communications Inc)

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 [***].

Appears in 1 contract

Samples: Standard Office Lease (loanDepot, 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 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.)