Common use of Rental Amounts During Second Extended Term Clause in Contracts

Rental Amounts During Second Extended Term. If Tenant properly exercises its right to a second extended Term of this Lease pursuant to Section 2.6 hereof, the Minimum Rental during such second extended term shall be determined in the same manner provided in the preceding paragraph for the first extended term (including the rental increase provision for years after the first year of such second extended term), except that the determination shall be made as of the commencement of the second extended term.

Appears in 7 contracts

Samples: Sublease (Natera, Inc.), Sublease (Natera, Inc.), Built to Suit Lease (Nektar Therapeutics)

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Rental Amounts During Second Extended Term. If Tenant properly exercises its right to a second extended Term term of this Lease pursuant to Section 2.6 hereof, the Minimum Rental minimum rental and any applicable rental increase provisions during such second extended term shall be determined in the same manner provided in the preceding paragraph for the first extended term (including the rental increase provision for years after the first year of such second extended term), except that the determination shall be made as of the commencement of the second extended term.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Portola Pharmaceuticals Inc), Asset Purchase Agreement (Portola Pharmaceuticals Inc), Sub Sublease (Cytokinetics Inc)

Rental Amounts During Second Extended Term. If Tenant properly exercises its right to a second extended Term term of this Lease pursuant to Section 2.6 hereof, the Minimum Rental minimum rental during such second extended term shall be determined in the same manner provided in the preceding paragraph for the first extended term (including the rental increase provision for years after the first year of such second extended term), except that the determination shall be made as of the commencement of the second extended term.

Appears in 4 contracts

Samples: Build to Suit Lease (Pharmacopeia Inc), Build to Suit Lease (Sugen Inc), Build to Suit Lease (Pharmacopeia Inc)

Rental Amounts During Second Extended Term. If Tenant properly ------------------------------------------ exercises its right to a second extended Term term of this Lease pursuant to Section 2.6 hereof, the Minimum Rental minimum rental during such second extended term shall be determined in the same manner provided in the preceding paragraph for the first extended term (including the rental increase indexation provision for years after the first year of such second extended term), except that the determination shall be made as of the commencement of the second extended term.

Appears in 1 contract

Samples: Build to Suit Lease (Exelixis Inc)

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Rental Amounts During Second Extended Term. If Tenant properly exercises its right to a second extended Term term of this Lease pursuant to Section 2.6 hereof, the Minimum Rental minimum rental during such second extended term shall be determined in the same manner provided in the preceding paragraph for the first extended term (including the rental increase indexation provision for years after the first year of such second extended term), except that the determination shall be made as of the commencement of the second extended term.

Appears in 1 contract

Samples: Lease Agreement (Exelixis Inc)

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