Common use of Renewal Rent and Other Terms Clause in Contracts

Renewal Rent and Other Terms. (a) Each Renewal Term shall be upon all of the terms and conditions set forth in this Lease, except that (i) the Fixed Rent shall be as determined pursuant to the further provisions of this Section 9.02; (ii) Tenant shall accept the Renewal Premises in its “as is” condition at the commencement of the applicable Renewal Term, and Landlord shall not be required to perform any work, to pay the Work Allowance or any other amount or to render any services to make the Premises ready for Tenant’s continued use and occupancy or to provide any abatement of Fixed Rent or Additional Charges on account of any such renewal (but the foregoing shall not vitiate Landlord’s obligations under this Lease or any other abatement expressly permitted pursuant to the terms of this Lease), in each case with respect to the applicable Renewal Term; (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Outside Aggregate Renewal Expiration Date; (iv) all references in this Lease to the “Premises” shall be deemed to refer to the Renewal Premises; (v) if the Renewal Premises consists of less than all of the then Premises, Tenant’s Share (and Tenant’s Operating Share, as applicable) shall be proportionately reduced (provided that in no event will the Deemed RSF be reduced except as set forth in Section 3.04(i)); (vi) if the Renewal Premises consist of less than all of the space that is located in the Upper Premises then leased by Tenant, then Tenant’s right to receive Supplemental HVAC Condenser Water in any Upper Premises shall be proportionately reduced; (viii) if the Renewal Premises consists of less than all of the then Premises, then any space as to which this Lease is not being renewed shall be delivered to Landlord on the then current Expiration Date vacant and free of any lien or encumbrance and otherwise in the condition required pursuant to this Lease (including, without limitation, except as otherwise provided in this Section 9.02, Section 4.03(c) as if such date were the expiration date of this Lease), the Renewal Premises shall be legally demised from the surrendered portions of the Premises, at Tenant’s sole cost and expense, including causing any electricity, condenser water, domestic water, and any other services that have been disproportionately allocated within the Premises to be redistributed in accordance with Section 3.01(d) or (f), as applicable (other than services or dedicated systems disproportionately allocated to certain areas of the Premises in connection with the Landlord MEP Work and/or Tenant MEP Work), and the surrendered portion to be disconnected from Tenant’s internal security system and security gates (collectively, the “Demising Work”) and, to the extent set forth in Section 3.06, Tenant shall perform the Separation Work, and (ix) with respect to the Renewal Premises, all references in this Lease to the Expiration Date shall be deemed to mean the last day of the applicable Renewal Term. If the Renewal Premises does not include the entirety of the Total Unit, the Reduced or Increased Premises Operational Mechanism shall apply, to the extent applicable.

Renewal Rent and Other Terms. (a) Each Renewal Term shall be upon all of the terms and conditions set forth in this Lease, except that (i) the Fixed Base Rent shall be as determined pursuant to the further provisions of this Section 9.0233.03; (ii) Tenant shall accept the Renewal Premises in its “as is” condition at the commencement of the applicable Renewal Term, and Landlord shall not be required to perform any work, to pay the any Work Allowance Allowance, Restroom Allowance, contribution or any other amount or to render any services to make the Renewal Premises ready for Tenant’s continued use and occupancy or to provide any abatement of Fixed Base Rent or Additional Charges on account of any such renewal (but the foregoing shall not vitiate Landlord’s obligations under this Lease or any other abatement expressly permitted pursuant to the terms of this Lease)Rent, in each case with respect to the applicable Renewal Term; (iii) the Base PILOT Amount for the applicable Renewal Term shall be the PILOT for the PILOT Year ending immediately before the commencement date of the applicable Renewal Term, (iv) the Base Lease Year for the applicable Renewal Term shall be the Lease Year ending immediately before the commencement of the applicable Renewal Term, (v) Tenant shall have no option to renew this Lease beyond the expiration of (X) the Outside Aggregate First Renewal Expiration Date; Term if the Ten Year Renewal Option shall have been exercised (ivor deemed exercised) or (Y) the Second Renewal Term (if applicable), (vi) if the Renewal Premises shall consist of less than the entire Premises, then at the commencement of the applicable Renewal Term (I) Tenant’s Proportionate Operating Share shall be reduced to a fraction the numerator of which shall be the Rentable Square Footage of the Premises as then constituted and the denominator of which shall be the Operating Share Denominator and (II) Tenant’s Proportionate Tax Share shall be reduced to a fraction the numerator of which shall be the Rentable Square Footage of the Premises as then constituted and the denominator of which shall be the Tax Share Denominator (it being agreed that each such fraction shall be expressed as a percentage calculated to the nearest hundredth of a percent), (vii) all references in this Lease to the “Premises” shall be deemed to refer to the applicable “Renewal Premises; (v) if the Renewal Premises consists of less than all of the then Premises”, Tenant’s Share (and Tenant’s Operating Share, as applicable) shall be proportionately reduced (provided that in no event will the Deemed RSF be reduced except as set forth in Section 3.04(i)); (vi) if the Renewal Premises consist of less than all of the space that is located in the Upper Premises then leased by Tenant, then Tenant’s right to receive Supplemental HVAC Condenser Water in any Upper Premises shall be proportionately reduced; (viii) if the Renewal Premises consists of less than all of the then Premises, then any space as to which this Lease is not being renewed shall be delivered to Landlord on one day before the then current Expiration Date first day of the applicable Renewal Term vacant and free of any lien or encumbrance and otherwise in the condition required pursuant to this Lease (including, without limitation, except as otherwise provided in this Section 9.02, Section 4.03(c) as if such date were the expiration date Expiration Date of this Lease), the Renewal Premises shall be legally demised from the surrendered portions of the Premises, at Tenant’s sole cost and expense, including causing any electricity, condenser water, domestic water, and any other services that have been disproportionately allocated within the Premises to be redistributed in accordance with Section 3.01(d) or Lease (f), as applicable (other than services or dedicated systems disproportionately allocated to certain areas of the Premises in connection with the Landlord MEP Work and/or Tenant MEP Work), and the surrendered portion provisions of Article 28.02 shall apply to be disconnected from Tenant’s internal security system and security gates (collectively, the “Demising Work”) and, any failure by Tenant to the extent set forth in Section 3.06, Tenant shall perform the Separation Work, and (ix) with respect to the Renewal Premises, all references in this Lease to the Expiration Date shall be deemed to mean the last day of the applicable Renewal Term. If the Renewal Premises does not include the entirety of the Total Unit, the Reduced or Increased Premises Operational Mechanism shall apply, to the extent applicabledo so).

Renewal Rent and Other Terms. (a) Each Renewal Term shall be upon all of the terms and conditions set forth in this Lease, except that (i) the Fixed Rent shall be as determined pursuant to the further provisions of this Section 9.0210.02; (ii) Tenant shall accept the Renewal Premises in its “as is” condition at the commencement of the applicable each Renewal Term, and Landlord shall not be required to perform Landlord’s Initial Work or any other work, to pay the Work Allowance Landlord’s Contribution or any other amount or to render any services to make the Premises ready for Tenant’s continued use and occupancy or to provide any abatement of Fixed Rent or Additional Charges on account of any such renewal (but the foregoing shall not vitiate Landlord’s obligations under this Lease or any other abatement expressly permitted pursuant to the terms of this Lease)Charges, in each case with respect to the applicable each Renewal Term; (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Outside Aggregate Second Renewal Expiration DateTerm; (iv) all references in this Lease to the “Premises” Base Tax Amount shall be deemed to refer to the Taxes for the Tax Year ending immediately before the commencement of the applicable Renewal PremisesTerm and the Base Operating Year shall be the Operating Year ending immediately before the commencement of the applicable Renewal Term; and (v) if the Renewal Premises consists of less than all of the then Premises, Tenant’s Share (and Tenant’s Operating Share, as applicable) shall be proportionately reduced (provided that in no event will the Deemed RSF be reduced except as set forth in Section 3.04(i)); (vi) if the Renewal Premises consist of less than all the entire Premises (as of the space that is located in date of each of the Upper Premises then leased by TenantFirst Renewal Notice and the Second Renewal Notice), then Tenant’s right to receive Supplemental HVAC Condenser Water in any Upper Premises Share shall be proportionately reduced; four and four tenths percent (viii4.4%) if times the Renewal Premises consists number of less than all of the then Premises, then any space as to which this Lease is not being renewed shall be delivered to Landlord on the then current Expiration Date vacant and free of any lien or encumbrance and otherwise in the condition required pursuant to this Lease (including, without limitation, except as otherwise provided in this Section 9.02, Section 4.03(c) as if such date were the expiration date of this Lease), the Renewal Premises shall be legally demised from the surrendered portions of the Premises, at Tenant’s sole cost and expense, including causing any electricity, condenser water, domestic water, and any other services that have been disproportionately allocated within the Premises to be redistributed in accordance with Section 3.01(d) or (f), as applicable (other than services or dedicated systems disproportionately allocated to certain areas of the Premises in connection with the Landlord MEP Work and/or Tenant MEP Work), and the surrendered portion to be disconnected from Tenant’s internal security system and security gates (collectively, the “Demising Work”) and, to the extent set forth in Section 3.06, Tenant shall perform the Separation Work, and (ix) with respect to floors comprising the Renewal Premises, all references in this Lease to the Expiration Date shall be deemed to mean the last day of the applicable Renewal Term. If the Renewal Premises does not include the entirety of the Total Unit, the Reduced or Increased Premises Operational Mechanism shall apply, to the extent applicable.

Renewal Rent and Other Terms. (a) Each Renewal Term shall be upon all of the terms and conditions set forth in this Lease, except that (i) the Fixed Rent shall be as determined pursuant to the further provisions of this Section 9.02; (ii) Tenant shall accept the Renewal Premises in its “as is” condition at the commencement of the applicable Renewal TermTerm subject, however, to Landlord’s ongoing maintenance and repair obligations expressly set forth in this Lease, and, except as provided in clause (xi) below, Landlord shall not be required to perform any work, to pay the Work Allowance or any other amount or to render any services to make the Premises ready for Tenant’s continued use and occupancy or to provide any abatement of Fixed Rent or Additional Charges on account of any such renewal (but the foregoing shall not vitiate Landlord’s obligations under this Lease or any other abatement expressly permitted pursuant to the terms of this Lease)Charges, in each case with respect to the applicable Renewal Term; (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Outside Aggregate Ten Year Renewal Expiration DateTerm or the Second Renewal Term, as applicable; (iv) the Base PILOT Amount shall be the PILOT Amount for the Tax Year ending immediately before the commencement of the applicable Renewal Term (or, if the PILOT Cessation Date shall have occurred, the Base PILOT Amount shall be the Taxes for the Tax Year ending immediately before the commencement of the applicable Renewal Term); (v) the Base Impositions Amount shall be the Impositions for the Tax Year ending immediately before the commencement of the applicable Renewal Term; (vi) the Base Operating Amount shall be the Operating Expenses for the Operating Year ending immediately before the commencement of the applicable Renewal Term; (vii) all references in this Lease to the “Premises” shall be deemed to refer to the Renewal Premises; (vviii) if the Renewal Premises consists of less than all of the then Premises, Tenant’s Share (and Tenant’s Operating Share, as applicable) shall be proportionately reduced (provided that in no event will the Deemed RSF be reduced except as set forth in Section 3.04(i)); (vi) if the Renewal Premises consist of less than all of the space that is located in the Upper Premises then leased by Tenant, then Tenant’s right to receive Supplemental HVAC Condenser Water in any Upper Premises shall be proportionately reduced; (viiiix) if the Renewal Premises consists of less than all of the then Premises, then any space as to which this Lease is not being renewed shall be delivered to Landlord on one day before the then current Expiration Date first day of the applicable Renewal Term vacant and free of any lien or encumbrance and otherwise in the condition required pursuant to this Lease (including, without limitation, except as otherwise provided in this Section 9.02, Section Sections 4.03(c) and (d)) as if such date were the expiration date of this Lease), the Renewal Premises shall be legally demised from the surrendered portions of the Premises, at Tenant’s sole cost and expense, including causing any electricity, condenser water, domestic water, and any other services that have been disproportionately allocated within the Premises to be redistributed in accordance with Section 3.01(d(x) or (f), as applicable (other than services or dedicated systems disproportionately allocated to certain areas of the Premises in connection with the Landlord MEP Work and/or Tenant MEP Work), and the surrendered portion to be disconnected from Tenant’s internal security system and security gates (collectively, the “Demising Work”) and, to the extent set forth in Section 3.06, Tenant shall perform the Separation Work, and (ix) with respect to the Renewal Premises, all references in this Lease to the Expiration Date shall be deemed to mean the last day of the applicable Renewal Term. If Term and (xi) Tenant shall be entitled to any rent abatement and/or work allowance determined in accordance with Section 9.02(b) below; it being agreed that any such work allowance will be provided to Tenant for Tenant’s Alterations to the Renewal Premises does not include in accordance with the entirety provisions of the Total UnitSection 3.03 hereof, the Reduced or Increased Premises Operational Mechanism shall apply, to the extent applicableapplied mutatis mutandis.

Renewal Rent and Other Terms. (a) Each The Renewal Term shall be upon all of the terms and conditions set forth in this Lease, except that (i) the Fixed Rent shall be as determined pursuant to the further provisions of this Section 9.02; (ii) Tenant shall accept the Renewal Premises in its “as is” condition at the commencement of the applicable Renewal Term, and Landlord shall not be required to perform any work, to pay the Work Allowance or any other amount or to render any services to make the Renewal Premises ready for Tenant’s continued use and occupancy or to provide any abatement of Fixed Rent or Additional Charges on account of any such renewal (but the foregoing shall not vitiate Landlord’s obligations under this Lease or any other abatement expressly permitted pursuant to the terms of this Lease)Rent, in each case with respect to the applicable Renewal Term; (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Outside Aggregate Renewal Expiration DateTerm; (iv) the Base Tax Amount shall be the Taxes for the Tax Year ending immediately before the commencement of the Renewal Term and the Base Operating Year shall be the Operating Year ending immediately before the commencement of the Renewal Term; (v) all references in this Lease to the “Premises” shall be deemed to refer to the Renewal Premises; (vvi) if the Renewal Premises consists of less than all of the then Premises, Tenant’s Share (and Tenant’s Operating Share, as applicable) shall be proportionately reduced (provided that in no event will the Deemed RSF be reduced except as set forth in Section 3.04(i)); (vi) if the Renewal Premises consist of less than all of the space that is located in the Upper Premises then leased by Tenant, then Tenant’s right to receive Supplemental HVAC Condenser Water in any Upper Premises shall be proportionately reduced; (viiivii) if the Renewal Premises consists of less than all of the then Premises, then any space as to which this Lease is not being renewed shall be delivered to Landlord on one day before the then current Expiration Date first day of the applicable Renewal Term vacant and free of any lien or encumbrance and otherwise in the condition required pursuant to this Lease (including, without limitation, except as otherwise provided in this Section 9.02, Section 4.03(c) as if such date were the expiration date of this Lease), the Renewal Premises shall be legally demised from the surrendered portions of the Premises, at Tenant’s sole cost and expense, including causing any electricity, condenser water, domestic water, and any other services that have been disproportionately allocated within the Premises to be redistributed in accordance with Section 3.01(d) or (f), as applicable (other than services or dedicated systems disproportionately allocated to certain areas of the Premises in connection with the Landlord MEP Work and/or Tenant MEP Work), and the surrendered portion to be disconnected from Tenant’s internal security system and security gates (collectively, the “Demising Work”) and, to the extent set forth in Section 3.06, Tenant shall perform the Separation Work, Lease and (ixviii) with respect to the Renewal Premises, all references in this Lease to the Expiration Date shall be deemed to mean the last day of the applicable Renewal Term. If the Renewal Premises does not include the entirety of the Total Unit, the Reduced or Increased Premises Operational Mechanism shall apply, to the extent applicable.

Renewal Rent and Other Terms. (aiii) Each Renewal Term shall be upon all of the terms and conditions set forth in this Lease, except that (i) the Fixed Rent shall be as determined pursuant to the further provisions of this Section 9.02; (ii) Tenant shall accept the Renewal Premises in its “as is” condition at the commencement of the applicable Renewal Term, and Landlord shall not be required to perform any work, to pay the Work Allowance any work allowance or any other amount or to render any services to make the Premises ready for Tenant’s continued use and occupancy or to provide any abatement of Fixed Rent or Additional Charges on account of any such renewal (but the foregoing shall not vitiate Landlord’s obligations under this Lease or any other abatement expressly permitted pursuant to the terms of this Lease)Charges, in each case with respect to the applicable Renewal Term; (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Outside Aggregate applicable Renewal Expiration DateTerm; (iv) the Base PILOT Amount shall be the Taxes for the Tax Year ending immediately before the commencement of the applicable Renewal Term; (v) the Base Impositions Amount shall be the Impositions for the Tax Year ending immediately before the commencement of the applicable Renewal Term; (vi) the Base Operating Amount shall be the Operating Expenses for the Operating Year ending immediately before the commencement of the applicable Renewal Term; (vii) all references in this Lease to the “Premises” shall be deemed to refer to the Renewal Premises; (vviii) if the Renewal Premises consists of less than all of the then Premises, Tenant’s Tax Share (and Tenant’s Operating Share, as applicable) shall be proportionately reduced (provided that in no event will the Deemed RSF be reduced except as set forth in Section 3.04(i)); (vi) if the Renewal Premises consist of less than all of the space that is located in the Upper Premises then leased by Tenant, then Tenant’s right to receive Supplemental HVAC Condenser Water in any Upper Premises Share shall be proportionately reduced; (viiiix) if the Renewal Premises consists of less than all of the then Premises, then any space as to which this Lease is not being renewed shall be delivered to Landlord on one day before the then current Expiration Date first day 10215331.19 of the applicable Renewal Term vacant and free of any lien or encumbrance and otherwise in the condition required pursuant to this Lease (including, without limitation, except as otherwise provided in this Section 9.02, Section Sections 4.03(c) and (d)) as if such date were the expiration date of this Lease), the Renewal Premises shall be legally demised from the surrendered portions of the Premises, at Tenant’s sole cost and expense, including causing any electricity, condenser water, domestic water, and any other services that have been disproportionately allocated within the Premises to be redistributed in accordance with Section 3.01(d) or (f), as applicable (other than services or dedicated systems disproportionately allocated to certain areas of the Premises in connection with the Landlord MEP Work and/or Tenant MEP Work), and the surrendered portion to be disconnected from Tenant’s internal security system and security gates (collectively, the “Demising Work”) and, to the extent set forth in Section 3.06, Tenant shall perform the Separation Work, Lease and (ixx) with respect to the Renewal Premises, all references in this Lease to the Expiration Date shall be deemed to mean the last day of the applicable Renewal Term. If the Renewal Premises does not include the entirety of the Total Unit, the Reduced or Increased Premises Operational Mechanism shall apply, to the extent applicable.

Renewal Rent and Other Terms. (a) Each The Renewal Term shall be upon all of the terms and conditions set forth in this Lease, except that (i) the Fixed Rent shall be as determined pursuant to the further provisions of this Section 9.02; (ii) Tenant shall accept the Renewal Premises in its “as is” condition at the commencement of the applicable Renewal Term, and Landlord shall not be required to perform Landlord’s Work or any other work, to pay the Work Allowance or any other amount or to render any services to make the Premises ready for Tenant’s continued use and occupancy or to provide any abatement of Fixed Rent or Additional Charges on account of any such renewal (but the foregoing shall not vitiate Landlord’s obligations under this Lease or any other abatement expressly permitted pursuant to the terms of this Lease)Charges, in each case with respect to the applicable Renewal Term; (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Outside Aggregate Renewal Expiration DateTerm; (iv) the Base Tax Amount shall be the Taxes for the Tax Year in which the commencement of the Renewal Term occurs and the Base Operating Year shall be the Operating Year in which the commencement of the Renewal Term occurs; (v) all references in this Lease to the “Premises” shall be deemed to refer to the Renewal Premises; (vvi) if the Renewal Premises consists of less than all of the then Premisesa Renewal Portion, Tenant’s Share (and Tenant’s Operating Share, as applicable) shall be proportionately reduced (provided that in no event will the Deemed RSF be reduced except as set forth in Section 3.04(i)); (vi) if the Renewal Premises consist of less than all of the space that is located in the Upper Premises then leased by Tenant, then Tenant’s right to receive Supplemental HVAC Condenser Water in any Upper Premises shall be proportionately appropriately reduced; (viiivii) if the Renewal Premises consists of less than all of the then Premisesa Renewal Portion, then any space as to which this Lease is not being renewed shall be delivered to Landlord on one day before the then current Expiration Date first day of the applicable Renewal Term vacant and free of any lien or encumbrance and otherwise in the condition required pursuant to this Lease (including, without limitation, except as otherwise provided in this Section 9.02, Section 4.03(c) as if such date were the expiration date of this Lease), the Renewal Premises shall be legally demised from the surrendered portions of the Premises, at Tenant’s sole cost and expense, including causing any electricity, condenser water, domestic water, and any other services that have been disproportionately allocated within the Premises to be redistributed in accordance with Section 3.01(d) or (f), as applicable (other than services or dedicated systems disproportionately allocated to certain areas of the Premises in connection with the Landlord MEP Work and/or Tenant MEP Work), and the surrendered portion to be disconnected from Tenant’s internal security system and security gates (collectively, the “Demising Work”) and, to the extent set forth in Section 3.06, Tenant shall perform the Separation Work, Lease and (ixviii) with respect to the Renewal Premises, all references in this Lease to the Expiration Date shall be deemed to mean the last day of the applicable Renewal Term. If the Renewal Premises does not include the entirety of the Total Unit, the Reduced or Increased Premises Operational Mechanism shall apply, to the extent applicable.