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) the Fixed Rent Credit shall not apply; (iii) Tenant shall accept the Demised Premises in their “as is” condition at the commencement of the applicable Renewal Term, and Landlord shall not be required to perform any work or pay any amount or render any services to make the Demised Premises ready for Tenant’s use and occupancy or provide any abatement of Fixed Rent or Additional Rent, in each case with respect to any Renewal Term; (iv) Tenant shall have no option to renew this Lease beyond the expiration of the third Renewal Term; and (iv) the Base Tax Amount, the Base Utility Expense and the Base Insurance Expense shall be the Taxes for the Tax Year and the Utility Expenses and Insurance Expenses, as applicable, for the Lease Year, in each case ending immediately before the commencement of the applicable Renewal Term.

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: that (i) the Fixed Rent shall be as determined pursuant to the further provisions of this Section 9.02; (ii) the Fixed Rent Credit shall not apply; (iii) Tenant shall accept the Demised Renewal Premises in their “its "as is” " condition at the commencement of the applicable Renewal Term, and Landlord shall not be required any provisions of this Lease with respect to perform any Landlord's Work, payment of a work or pay any amount or render any services to make the Demised Premises ready for Tenant’s use allowance and occupancy or provide any abatement of Fixed Rent or and Additional Rent, in each case Charges (relating only to Tenant's initial construction period with respect to any space comprising the Premises, i.e., the period prior to the rent commencement date for any such space) shall not be applicable during the Renewal Term; (iviii) Tenant shall have no option to renew this Lease beyond the expiration of the third Renewal Term; and (iv) all references in this Lease to the Base Tax Amount, the Base Utility Expense and the Base Insurance Expense "Premises" shall be deemed to refer to the Taxes for "Renewal Premises", and (v) Tenant's Tax Share and Tenant's Operating Share shall be recalculated to reflect the Tax Year and the Utility Expenses and Insurance Expenses, as applicable, for the Lease Year, in each case ending immediately before the commencement rentable area of the applicable Renewal TermPremises (such rentable area to be determined based on the measurements set forth in Exhibit H annexed hereto).

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: that (i) the Fixed Rent shall be as determined pursuant to the further provisions of this Section 9.02; (ii) the Fixed Rent Credit shall not apply; (iii) Tenant shall accept the Demised Renewal Premises in their its “as is” condition at the commencement of the applicable Renewal Term, and Landlord shall not be required to perform any work or improvements to the Renewal Premises, to pay any tenant improvement allowance or any other amount or to render any services to make the Demised Renewal Premises ready for Tenant’s continued use and occupancy or to provide any abatement of Fixed Rent or Additional Rent, in each case with respect to any the Renewal Term; (iviii) unless Tenant shall have elected the Five Year Option, Tenant shall have no option to renew this Lease beyond the expiration of the third Renewal Term; and (iv) the rentable square foot area of the Renewal Premises shall be calculated using then current market loss factors for buildings in Manhattan comparable to the Building, and (v) the Base Tax Amount, the Base Utility Expense and the Base Insurance Expense Amount shall be the amount of Taxes for paid during the last Tax Year and the Utility Expenses and Insurance Expenses, as applicable, for the Lease Year, in each case ending immediately before the commencement of the applicable Renewal initial Term and (v) the Base Operating Amount shall be the amount of Operating Expenses paid during the last Operating Year of the initial Term.

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 9.0210.02; (ii) the Fixed Rent Credit shall not apply; (iii) Tenant shall accept the Demised Renewal Premises in their 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 work other work, or pay any amount or render any services to make the Demised Renewal Premises ready for Tenant’s use and occupancy (other than any continuing obligations of Landlord expressly provided hereunder to provide any services or maintenance to the Renewal Premises) or provide any abatement of Fixed Rent or Additional RentCharges, in each case with respect to any the Renewal Term; (iviii) Tenant shall have no option to renew this Lease beyond the expiration of the third Renewal Term; Term and (iv) the Base Tax Amount, the Base Utility Expense and the Base Insurance Expense Amount shall be the Taxes for the Tax Year and the Utility Expenses and Insurance Expenses, as applicable, for the Lease Year, in each case ending immediately before the commencement of the applicable Renewal Term and the Base Operating Year shall be the Operating Year ending immediately before the commencement of the Renewal Term.