Premises Term and Rent Sample Clauses

Premises Term and Rent. The Landlord shall let and the Tenant shall take, in the state and condition as it is, ALL THAT the premises more particularly described and set out in Part II of the First Schedule (“Premises”) TOGETHER with the use in common with the Landlord and all others having the like right of the entrances, staircases, landings, lavatories, corridors and passages in the Building as defined in Part II of the First Schedule insofar as the same are necessary for the proper use and enjoyment of the Premises AND TOGETHER with the use in common with others having the like right of the lifts escalators and central air-conditioning service serving the Premises whenever the same shall be operating for the term set out in Part III of the First Schedule (“Term”) YIELDING AND PAYING therefor throughout the Term such rent, Management Fee and Air-Conditioning Charge (which are unless the context otherwise requires collectively included in the term “Rent”) and other charges as are from time to time payable in advance and in accordance with the provisions set out in the Second Schedule.
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Premises Term and Rent. Section 2.1. (a) Landlord hereby leases to Tenant and Tenant hereby leases from Landlord, for the Term and upon the terms, covenants and conditions set forth in this Lease, all of Landlord’s right, title and interest in and to the Premises, and any and all rights, privileges, easements and appurtenances now or hereafter appertaining, attaching or in any way belonging to or benefiting the Premises, subject only to (i) those matters described on Exhibit B attached hereto (collectively, the “Permitted Exceptions”), and (ii) all applicable Laws.
Premises Term and Rent. The Landlord shall let and the Tenant shall take ALL THOSE premises (hereinafter referred to as “the Premises”) forming part of all that building (hereinafter referred to as “the Building”)which the Premises and the Building are more particularly described and set out in Part 3 of First Schedule Together with the use in common with the Landlord and all others having the like right of the entrances staircases landings passages and toilets in the Building in so far as the same are necessary for the proper use and enjoyment of the Premises and except in so far as the Landlord may from time to time reasonably restrict such use And Together with the use in common as aforesaid of the lift service escalators and air cooling services in the Building (if any and whenever the same shall be operating) for the term set out in Part 4 of First Schedule (hereinafter referred to as “the said term”) YIELDING AND PAYING therefor throughout such rent and other charges as are from time to time payable in accordance with the provisions set out below which sums shall be payable in advance clear of all deductions and right to set off (whether legal or equitable), the first payment to be made in full by the Tenant on his signing of this Agreement notwithstanding the rent-free period (if any) granted hereunder, and all subsequent payments to be made on or before the 1st day of each and every calendar month in respect of which such sums are payable Provided that the second and the last of such payments shall be apportioned according to the number of days of the unpaid remainder of the month included in the said term.
Premises Term and Rent. 1.1. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord, subject to any ground leases and/or underlying leases and/or mortgages as hereinafter provided, and upon and subject to the covenants, agreements, terms, provisions and conditions of this Lease, in the building (hereinafter referred to as the "Building") situate on the land (hereinafter referred to as the "Land") located in the City of Norwalk and Town of Darien, County of Fairfield, State of Connecticut and as more particularly described in Exhibit A annexed hereto and made a part hereof, and also commonly known as the RiverPark Office Project, the following space: a portion of the First (1st) Floor West, portions of the First (1st) and Second (2nd} Floors North and the entire Second (2nd), Third (3rd) and Fourth (4th) Floors West and the Fourth (4th) Floor North (hereinafter referred to as the "demised premises") all as shown hatched on the plans annexed hereto as Exhibit B; for a term to commence on July 1, 1993 (hereinafter referred to as the "Commencement Date") and end on February 28, 2001 (hereinafter referred to as the "Expiration Date") or until such term shall sooner cease and terminate as hereinafter provided. 1.2. Tenant shall pay to Landlord a fixed annual rent (hereinafter referred to as "fixed annual rent") as follows: (i) $127,635.42 per month during the period commencing on the Commencement Date and ending on August 31, 1993; (ii) $2,189,782.50 per annum during the period commencing on September 1, 1993 and ending on February 29, 1996; (iii) $2,800,432.50 per annum during the period commencing on March 1, 1996 and ending on February 28, 1999; (iv) $2,960,171.50 per annum during the period commencing on March 1, 1999 and ending on February 2000; and (v) $3,119,910.50 per annum during the period commencing on March 1, 2000 and ending on February 28, 2001. Each of the amounts provided in clauses (ii) (v) above shall be increased by $48,164.40 (hereinafter called the "Exercise Facility Rent") Tenant agrees to pay the fixed annual rent in lawful money of the United States of America, in equal monthly installments in advance on the first day of each calendar month during said term, at the office of Landlord or such other place in the United States of America as Landlord may designate, without any setoff or deduction whatsoever, except such deduction as may be occasioned by the occurrence of any event permitting or requiring a deduction from or abatement of rent as speci...
Premises Term and Rent. 2.1 Landlord hereby leases to Tenant and Tenant hereby hires from Landlord the Premises. 2.2 Tenant shall have appurtenant rights to use, subject to reasonable rules from time to time made by Landlord of which Tenant is given notice: (a) that portion of the visitors' parking area (not to be used for more than ten (10) of Tenant's officers or employees) located on Parcel 2 described in Exhibit B or in Technology Square (without implied obligation on Landlord's part to supervise parking in such spaces), (b) common walkways, sidewalks and driveways necessary for access to the Premises, as from time to time maintained in Technology Square and (c) other easements, to the extent set forth in Exhibit B, on other parts of Technology Square. 2.3 Landlord reserves the right from time to time, without unreasonable interference with Tenant's use of the Premises to alter or relocate any facility used in common with other occupants of Technology Square provided service is maintained at least equal to that originally provided herein, and that substitutions are substantially equivalent or better in quality of construction. 2.4 Tenant shall have and hold the Premises for a period commencing on the Commencement Date and continuing for the Term unless sooner terminated as provided in this Lease. 2.5 Tenant shall pay, without notice or demand, monthly installments of 1/12 of the Annual Fixed Rent (sometimes hereinafter referred to as "fixed rent") in advance for each full calendar month of the Term and of the corresponding fraction of said 1/12 for any fraction of a calendar month at the beginning or end of the Term. 2.6 During the Term Tenant shall pay directly to the taxing authority the real estate taxes assessed on the Premises as additional rent. The term "real estate taxes" shall mean all taxes and special assessments of every kind and nature assessed by any governmental authority on the Premises which are assessed because of or in connection with the ownership, leasing and operation of the Premises except that there shall be excluded from such taxes all income taxes, excess profit taxes, excise taxes, franchise taxes, estate, succession, inheritance and transfer taxes; provided, however, that if at any time during the Term the present system of ad valorem taxation of real property shall be changed so that in lieu of the whole or any part of the ad valorem tax on real property, there shall be assessed on Landlord a capital levy or other tax on the gross rents received w...
Premises Term and Rent. Premises 1.1 The Landlord hereby lets unto the Tenant ALL THOSE the premises particularized in Part II of the First Schedule hereto ("the Premises") TOGETHER with a right for the Tenant its servants and licensees (in common with the Landlord and all other tenants and occupiers of Mirror Tower, 00 Xxxx Road, Tsimshatsui East, Kowloon, a building situated on Xxxxxxx Xxxxxx Xxx Xx. 00000 ("xxx Xxxxxxxx") and their respective servants and licensees and all others having the like right) to pass and xxxxxx upon down over and along the ramps staircases landings passages entrances and means of access in the Building at all times by day and by night with or without vehicles for the purpose of access to and from the Premises from and to the entrance to the Building AND TOGETHER with the right in common with other tenants and occupiers of the Building for the Tenant its servants and licensees to use the passenger lifts for the purpose of carrying passengers to and from the Premises (during such hours as the same shall be working) AND TOGETHER with the exclusive right for the Tenant its servants and licensees to use the water closets, lavatories and conveniences located within the Premises or allocated for use by the Tenant (if any). Term 1.2 This Agreement shall be for the term ("the Term") set forth in Part III of the First Schedule hereto. Rent and Service Charges 1.3 Throughout the Term the rent and Service Charges as are set out in Part I & Part II of the Second Schedule be payable to the Landlord monthly in advance without deduction. The first payment of rent shall be made on the signing of this Agreement and subsequent payments shall be made in advance on the first day of each calendar month.
Premises Term and Rent. The Landlord shall let and the Tenant shall take, in the state and condition as it is, ALL TI AT the premises more particularly set out in Part II of the First Schedule (“Premises”) for the term set out in Part III of the First Schedule (“Term”) and at such rent (“rent”), Management Fee [and Air-Conditioning Charge], rates, Government rent (which are, unless the context otherwise requires, collectively included in the term “Rent”) and other charges as are from time to time payable in advance and in accordance with the provisions set out in this Agreement, including provisions in the Second Schedule. The Tenant shall have the right to use (in common with the Landlord and all others having the like right) the entrances, staircases, landings, lavatories, corridors and passages in the Building as defined in Part II of the First Schedule AND the passenger lifts and freight lifts, escalators and central air-conditioning service serving the Premises whenever the same shall be operating and insofar as the same are necessary for the proper use and enjoyment of the Premises and for conveying goods merchandise and raw materials to and from the Premises from and to the loading and unloading areas of the Building respectively, to pass and xxxxxx with vehicles over and along the loading and unloading areas of the Building for loading and discharging goods merchandise and raw materials SUBJECT to the Tenant’s compliance with the rules and regulations from time to time prescribed by the manager or management committee or similar management body for the time being of the Building (if any) (“Building Manager”) and the payment of such charges and fees as may be charged therefor.
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Premises Term and Rent. 1.1. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this Lease, the premises in the building (the "Building") known as Nine Metrotech Center South, Brooklyn, New York consisting of the following: the entire rentable area on the second through ninth (2/nd/ - 9/th/) floors shown, which second through ninth (2/nd/ - 9/th/) floors are shown on the floor plans annexed hereto as Exhibit A (the "Premises"). Landlord and Tenant agree that the Premises shall be deemed, subject to Section 1.7, to contain an aggregate of three hundred twenty-two thousand two hundred twenty-eight (322,228) rentable square feet, consisting of the following: Rentable Floor Square Feet Entire 2nd 47,811 Entire 3rd 47,811 Entire 4th 43,013 Entire 5th 43,013 Entire 6th 35,145 Entire 7th 35,145 Entire 8th 35,145 Entire 9th 35,145 1.2. The term ("Term") of this Lease, shall commence on the Commencement Date (as such term is defined in Article 16 hereof) and the Term shall end at 11:59 p.m. on the last day of the calendar month in which the seventeenth (17th) anniversary of the Rent Commencement Date occurs or on such earlier date upon which this Lease shall be cancelled or terminated pursuant to any of the conditions or covenants of this Lease or pursuant to law (subject to renewal pursuant to Article 39 hereof, the "Expiration Date"). Landlord and Tenant shall, promptly upon request by either party, execute and acknowledge a certificate in form reasonably satisfactory to Landlord and Tenant setting forth the Commencement Date, the Rent Commencement Date and the Expiration Date, which certificate shall be deemed an integral part of this Lease, but the execution and acknowledgment of such an instrument shall not be a prerequisite to the commencement or expiration of the Term. (a) Tenant shall pay to Landlord fixed annual rent (the "Fixed Rent") as follows: (i) Commencing on the date which is seven (7) months (subject to adjustment pursuant to Article 16) after the Commencement Date (the "Rent Commencement Date") through the day prior to the fifth (5/th/) anniversary of the Rent Commencement Date, Thirty-Six Dollars ($36.00) per rentable per square foot of the Premises (i.e. Eleven Million Six Hundred Thousand Two Hundred Eight Dollars ($11,600,208.00) per annum, payable in monthly installments of Nine Hundred Sixty-Six Thousand Six Hundred Eighty-Four Dollars ($966,684.00)); (ii) Commencing on the ...
Premises Term and Rent. 2.1. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord Tenant's Space in the building erected on the premises described in Exhibit A by Landlord (hereinafter referred to as "the Building"), excluding exterior faces of exterior walls, the common stairways, stairwells, elevator and elevator wells, pipes, ducts, conduits, wires and appurtenant fixtures serving exclusively or in common other parts of the Building, and if Tenant's Space includes less than the entire rentable area of any floor, excluding the central core area of such floor. Tenant's Space with such exclusions is hereinafter referred to as "the Premises". 2.2. Tenant shall have, as appurtenant to the Premises, rights to use in common, subject to reasonable rules of general applicability to tenants of the Building from time to time made by Landlord of which Tenant is given notice: (a) the common lobbies, hallways, stairways, elevators and loading platform of the Building, and the pipes, ducts, conduits, wires and appurtenant meters and equipment serving the Premises in common with others, (b) common walkways and driveways necessary for access to the Building, and (c) if the Premises include less than the entire rentable area of any floor, the common toilets and other common facilities in the central core area of such floor. 2.3. Landlord reserves the right from time to time, without unreasonable interference with Tenant's use: (a) to install, use, maintain, repair, replace and relocate for service to the Premises and other parts of the Building, or either, pipes, ducts, conduits, wires and appurtenant fixtures, wherever located in the Premises or Building, and (b) to alter or relocate any other common facility, provided that substitutions are substantially equivalent or better. Installations, replacements and relocations referred to in clause (a) above shall be located so far as practicable in the central core area, above ceiling surfaces, below floor surfaces or within perimeter walls of the Premises. 2.4. Tenant shall have and hold the Premises for a period commencing on the Term Commencement Date and continuing for the Lease Term unless sooner terminated as provided in Section 6.1 or Article VII. Tenant shall access to the Premises commencing on the date hereof. 2.5. Tenant shall pay, without any offset or deduction whatever except as made in accordance with the provisions of this Lease, monthly installments of fixed rent in advance of one-twelfth (1/12th) of the Annual Fix...
Premises Term and Rent. 2.1 Landlord, hereby demises and leases to Tenant, and Tenant hereby hires and accepts from Landlord, Tenant's Space in the Building excluding exterior faces of exterior walls, the common stairways and stairwells, elevators and elevator xxxxx, fan rooms, electric and telephone closets, janitor closets, freight elevator vestibules, and pipes, ducts, conduits, wires and appurtenant fixtures serving exclusively or in common other parts of the Building and if Tenant's Space includes less than the entire rentable area of any floor, excluding the common corridors, elevator lobbies and toilets located on such floor. Tenant's Space with such exclusions is hereinafter referred to as the "Premises". The term "Building" means the Building identified on the first page, and which is the subject of this Lease and being one of the two (2) Buildings erected on the Site by the Landlord; the term "Site"means all, and also any part of the Land described in Exhibit A, upon which the two (2) Buildings are located, plus any additions or reductions thereto resulting from the change of any abutting street line. The term "Property" means the two (2) Buildings and the Site.
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