RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit G, once the Market Rent for each Option Term is determined as a Net Equivalent Lease Rate, if (i) in connection with such determination, it is deemed that Tenant is entitled to a improvement or comparable allowance for the improvement of the Premises (the total dollar value of such allowance, the "Renewal Allowance"), Landlord shall disburse the Renewal Allowance pursuant to a reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit G, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord will fund a Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 4 contracts
Samples: Office Lease (Bridgepoint Education Inc), Office Lease (Bridgepoint Education Inc), Office Lease (Bridgepoint Education Inc)
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GH, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises Premises, (the total dollar value of such allowance, allowance shall be referred to herein as the "“Renewal Allowance"”), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) determined by Landlord and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit GH, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 4 contracts
Samples: Office Lease (Airgain Inc), Office Lease (Box Inc), Office Lease (Airgain Inc)
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GF, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises Premises, (the total dollar value of such allowance, allowance shall be referred to herein as the "Renewal Allowance"), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) determined by Landlord and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit GF, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 3 contracts
Samples: Office Lease (Roku, Inc), Office Lease (Roku, Inc), Office Lease (8x8 Inc /De/)
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GH, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises Premises, (the total dollar value of such allowance, allowance shall be referred to herein as the "“Renewal Allowance"”), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) determined by Landlord and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit GH, the rental rate component of the Market Rent shall be increased to be a rental rate which takes take into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 2 contracts
Samples: Office Lease (DoorDash Inc), Office Lease (DoorDash Inc)
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GF, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises Premises, (the total dollar value of such allowance, allowance shall be referred to herein as the "“Renewal Allowance"”), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) determined by Landlord and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit GF, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 2 contracts
Samples: Office Lease (Appdynamics Inc), Office Lease (Appdynamics Inc)
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GH, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises Premises, (the total dollar value of such allowance, allowance shall be referred to herein as the "Renewal Allowance"), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) determined by Landlord and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit GH, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 2 contracts
Samples: Office Lease (Retrophin, Inc.), Office Lease (Nektar Therapeutics)
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GH, once the Market Rent for each the Option Term (or the First Offer Term, as applicable) is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises (or the First Offer Term, as applicable) (the total dollar value of such allowance, allowance shall be referred to herein as the "Renewal Allowance"), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) determined by Landlord and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit GH, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 1 contract
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit G, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises (the total dollar value of such allowance, the "“Renewal Allowance"”), Landlord shall disburse the Renewal Allowance pursuant to a reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit G, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord will fund a Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 1 contract
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GD, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises Premises, (the total dollar value of such allowance, allowance shall be referred to herein as the "Renewal Allowance"), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) and the terms of Article 8 of this Leasedetermined by Landlord, and, as set forth in Section 5, below, of this Exhibit GD, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 1 contract
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GH, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises EXHIBIT H -1- XXXXXX REALTY 000 XXXXXXX XXXXXX [StumbleUpon, Inc.] Premises, (the total dollar value of such allowance, allowance shall be referred to herein as the "“Renewal Allowance"”), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) determined by Landlord and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit GH, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.
Appears in 1 contract
Samples: Office Lease (Okta, Inc.)
RENEWAL IMPROVEMENT ALLOWANCE. Notwithstanding anything to the contrary set forth in this Exhibit GH, once the Market Rent for each the Option Term is determined as a Net Equivalent Lease Rate, if (i) if, in connection with such determination, it is deemed that Tenant is entitled to a an improvement or comparable allowance for the improvement of the Premises Premises, (the total dollar value of such allowance, allowance shall be referred to herein as the "Renewal Allowance"), Landlord shall disburse pay the Renewal Allowance to Tenant pursuant to a commercially reasonable disbursement procedure (consistent with the terms of Section 2.2.1 of the Work Letter Agreement) determined by Landlord and the terms of Article 8 of this Lease, and, as set forth in Section 5, below, of this Exhibit GH, the rental rate component of the Market Rent shall be increased to be a rental rate which takes into consideration that Landlord Tenant will fund a receive payment of such Renewal Allowance and, accordingly, such payment with interest shall be factored into the base rent component of the Market Rent.. ./ -/// -1- XXXXXX REALTY, L.P. [ACADIA Pharmaceuticals Inc.]
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