Common use of Option Rent Clause in Contracts

Option Rent. The rent payable by Tenant during an Option Term (the “Option Rent”) shall be equal to the Fair Market Rental Rate for the Premises.

Appears in 1 contract

Samples: Office Lease (Electronic Arts Inc)

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Option Rent. The rent Rent payable by Tenant during an the Option Term (the “Option Rent) shall be equal to the Fair Market Rental Rate for Value of the PremisesPremises as of the commencement date of the Option Term but shall not be less than the sum of Base Rent and Tenant's Share of Direct Expenses payable by Tenant immediately before the Option Term.

Appears in 1 contract

Samples: Stock Grant Agreement (Quokka Sports Inc)

Option Rent. The rent Rent payable by Tenant during an the Option Term (the “Option Rent”) shall be equal to the Fair Market Rental Rate for the PremisesRent, as such Market Rent is determined pursuant to Exhibit F, attached hereto.

Appears in 1 contract

Samples: Office Lease (Snowflake Inc.)

Option Rent. The rent Rent payable by Tenant during an each Option Term (the “Option Rent”"OPTION RENT") shall be equal to the Fair then applicable Market Rental Rate for the PremisesRent.

Appears in 1 contract

Samples: Office Lease (Equity Marketing Inc)

Option Rent. The rent Rent payable by Tenant during an the applicable Option Term (the "Option Rent") shall be equal to the Fair Market Rental Rate for the PremisesRent, as such Market Rent is determined pursuant to Exhibit F, attached hereto.

Appears in 1 contract

Samples: Office Lease (INPHI Corp)

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Option Rent. The rent Rent payable by Tenant during an the Option Term (the "Option Rent") shall be equal to the greater of (i) the Rent being paid by Tenant under this Lease at the expiration of the initial Lease Term, and (ii) ninety-five percent (95%) of the Fair Market Rental Rate Rent for the Premises., as determined pursuant to Section 40.1.3. 41.3

Appears in 1 contract

Samples: Office Lease (Activision Inc /Ny)

Option Rent. The rent payable by Tenant during an the Option Term (the “Option Rent”) shall be equal to the Fair Market Rental Rate for Rent” (defined below), but in no event shall the Premises.Option Rent

Appears in 1 contract

Samples: Standard Office Lease (Limelight Networks, Inc.)

Option Rent. The rent payable by Tenant during an the Option Term (the “Option Rent”"OPTION RENT") shall be equal to the Fair "Market Rental Rate for Rent" (defined below), but in no event shall the Premises.Option Rent

Appears in 1 contract

Samples: Standard Office Lease (Investment Technology Group Inc)

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