Relocation Premises. With respect to the ROFR Premises: (i) the term shall be Five (5) years, (ii) the term shall commence on the Relocation Premises Term Commencement Date, and (iii) the Rent Commencement Date shall be February 1, 2014.
Relocation Premises. With respect to the Relocation Premises: (i) the term shall be four (4) years and four (4) months, (ii) the term shall commence on the Relocation Premises Term Commencement Date, and (iii) the Rent Commencement Date shall be April 1, 2013.
Relocation Premises. As of the Relocation Commencement Date (as defined in Section 4 below), the definition of “Premises” as set forth in the Lease shall be modified by this Second Amendment. As of the Relocation Commencement Date, the Premises shall mean a portion of the fifteenth (15th) floor of the Building, which comprises approximately 11,392 rentable square feet (the “Relocated Premises”), and which is shown with more particularity on Exhibit A attached hereto, and Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Relocated Premises. Landlord and Tenant agree that for all purposes of this Second Amendment and the Lease the rentable area of the Relocated Premises as set forth in this Section 3 is controlling, and is not subject to revision after the date of this Second Amendment. The tenant shall have no right to re-measure the Premises or the Building. After the Relocation Commencement Date, Tenant may continue to occupy the Surrender Premises, without any obligation to pay Rent, until the date that is 10 business days after the Relocation Commencement Date. As of the date that is 10 business days after the Relocation Commencement Date, Tenant shall voluntarily surrender to Landlord the Surrender Premises. From and after the date that is 10 business days after the Relocation Commencement Date, Tenant shall have no further rights or obligations with respect to the Surrender Premises, except such obligations under the Lease which are intended to survive a termination of the leasing of any portion of the Premises.
Relocation Premises. Effective as of the Relocation Commencement Date (as defined below), the Premises under the Lease shall include the portion of the thirteenth (13th) floor of the Building more particularly shown on Exhibit A hereto (the “Relocation Premises”), which the parties stipulate and agree contains 9,501 square feet of Rentable Floor Area. Effective as of the Original Premises Surrender Date (as defined below), the Original Premises shall cease to be included in the Leased Premises under the Lease. Except as expressly set forth in this First Amendment, Tenant’s lease of the Relocation Premises during the Relocation Term (as defined below) shall be on all of the terms and conditions of the Lease in effect as of the Relocation Commencement Date.
Relocation Premises. From and after the date hereof, the Relocated Premises shall constitute the “Premises” demised to Tenant under the Lease and the Original Premises shall no longer be deemed to be a part of and shall be deleted and removed from the “Premises” demised to Tenant under the Lease. In connection therewith, the Lease is hereby amended as follows:
(A) Section 1.1 of the Lease is hereby amended by deleting the definition of “Tenant’s Premises” contained therein and replacing it with the following:
Relocation Premises. Landlord shall have the right to relocate the Premises to other premises within the Complex provided such relocated premises will be of similar or equal quality and design as the Premises and shall have approximately the same area as the Premises provided that:
(a) after the Commencement Date, such right shall be exercised by giving not less than sixty (60) days’ notice in writing to Tenant;
(b) if Landlord relocates the Premises prior to the Commencement Date, it shall reimburse Tenant for all expenses already incurred by Tenant in preparing to move into the Premises to the extent that such expenditure is for items or materials not usable in the alternate premises;
(c) if Landlord relocates Tenant after the Commencement Date, Landlord shall reimburse Tenant for direct costs associated with the relocation, including, without limitation, packing and moving costs, reprinting of a limited supply of stationery and supplies and disconnection and reconnection of telephone and computer equipment and systems upon receipt of copies of receipted third party invoices for such costs. In no case will Tenant be reimbursed or compensated for indirect costs including overhead, overtime charges or loss of profits and Tenant will minimize costs by re-using all fixtures and trade fixtures from the Premises where it is feasible to do so in the relocated premises; and
(d) all terms and conditions of this Lease shall apply with respect to the relocated premises for the remainder of the Term.
Relocation Premises. Commencing on the Relocation Date (as defined in Section 6(f)):
(a) The Existing Premises shall be excluded from the Premises and the Premises demised under the Lease shall be those certain premises (the “Relocation Premises”) consisting of Suite 230S containing approximately 6,556 rentable square feet and Suite 240S containing approximately 1,489 rentable square feet, as shown on Exhibit A attached hereto.
(b) The definition of “Premises” set forth in Section 1.1 of the Lease is hereby amended to be the Relocation Premises;
Relocation Premises. The Lease is hereby amended to reflect that commencing February 1, 2009, the words “Premises” or “Demised Premises” under the Lease shall be replaced with and refer to “Suite 5-B”. Tenant agrees to vacate the Existing Premises, together with the removal of its furniture and equipment, on or before February 1, 2009 and shall leave the Existing Premises in good clean condition. Tenant shall be responsible for all Rent and other charges that are due with respect to the Existing Premises under the Lease through and including the date it vacates the Existing Premises.
Relocation Premises. Effective as of the later of (a) the Substantial Completion Date (as defined in Exhibit B attached hereto) and (b) May 1, 2018 (the “Relocation Premises Commencement Date”), the Premises under the Lease shall be deemed to be the Relocation Premises and not the Original Premises, subject, however, to the provisions of Section 2 of this Amendment.
Relocation Premises. From January 15, 2015 to the Stated Expiration Date, the portion of the Building known as Suite 1010 located on the First Floor as shown on Exhibit B-2 attached hereto. Expansion Premises I: From November 1, 2016 to the Stated Expiration Date, the portion of the building known as Suite 1050 located on the First Floor as shown on Exhibit B-3 attached hereto." B. Item 2E, Rentable Area of Premises: Insert: C.Insert: "Expansion Premises I: approximately 1,842 Square Feet." "Expansion Premises I Term Commencement Date: The Expansion Premises I Term Commencement Date is November 1, 2016. E. Item 2G, Tenant's Share: Delete: "From 10/01/2012 to 01/14/2015: 5.44% From 01/15/2015 to the Stated Expiration Date: 16.63%" Insert: "From !0/01/2012 to 01/14/2015: 5.44% From 01/15/2015 to 09/30/2016: 16.63% From 11/01/2016 to the Stated Expiration Date: 21.31%" F. Item 3E, Security Deposit: Delete: "From 10/01/2012 to 01/14/2015: $7,086.46 (equal to two [2] months Basic Rent) From 01/15/2015 to the Stated Expiration Date: $24,154.88 (equal to two [2] months Basic Rent)." Insert: "From 10/01/2012 to 01/14/2015: $7,086.46 (equal to two [2] months Basic Rent) From 01/15/2015 to 10/31/2016: $24,154.88 (equal to two [2] months Basic Rent)." . From I 1/01/2016 to the Stated Expiration Date:· $27,600.64 (equal to two [2] months Basic Rent)."
