Summary of Basic Lease Provisions. The following summary of basic lease provisions forms a part of this Lease. The summary however, is intended only to set out key information and summarize various provisions of the lease which may be more fully set out within the Lease. In the event of any conflict between the terms of this summary and the remainder of the Lease, the terms of the remainder of the Lease shall prevail over the terms of this summary. Tenant: PHARMASCIENCE INC. Tenant’s Address: 0000 Xxxxxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx (Xxxxxx) X0X 0X0 Landlord: CIG III TECHNOPARC NOMINEE INC. Leased Premises: Suite 100 Property: 7210 Xxxxxxxxx Xxxxxxx, City of Montréal (Borough of Saint-Laurent), Province of Québec. Rentable Area: Approximately 9,394 square feet of Rentable Area. The Rentable Area of the Leased Premises shall be calculated by the Landlord’s Architect according to the 1996 BOMA standard of measurement for office buildings. Term of Lease: Seven (7) years and one (1) month. Commencement Date: July 1, 2014 Expiry Date: July 31, 2021. Option to Extend: One (1) option to extend the Term of the Lease for five (5) years. Basic Rent: (i) From July 1, 2014 to June 30, 2017 - $14.50 per square foot of the Rentable Area of the Leased Premises per annum; and
Summary of Basic Lease Provisions. Section 1.2, Basic Data, namely Security Deposit, is amended as follows: Security Deposit: $150,000.00 cash or irrevocable letter of credit, in form and substance reasonably satisfactory to Landlord, as provided in Section 17.6. Article XVII, Miscellaneous Provisions, Section 17.6, namely Security Deposit, is modified in part as follows:
Summary of Basic Lease Provisions. 1.1 Landlord's Address: c/o 1295 State Street, Springfield, MA 01111
Summary of Basic Lease Provisions. 1. LOCATION: 000 Xxxx Xxx Xxxx Xxxx.
Summary of Basic Lease Provisions. 1.1 BASIC DATA ALL CAPITALIZED TERMS USED HEREIN SHALL HAVE THE MEANINGS ASCRIBED TO THEM IN THE PRIME LEASE (hereinafter defined) UNLESS OTHERWISE DEFINED HEREIN. Commencement Date: As to the First Floor Premises - June 12, 1998. As to the Third Floor Premises - the date of completion of the "decommissioning" (in the manner and to the extent required by the regulations of the U.S. Nuclear Regulatory Commission and or the Massachusetts Department of Public Health's Regulations for control of Radiation) of the Third Floor Premises, as evidenced by a letter from Sublessor's consultant confirming that the required close-out radiation survey has been completed and the Third Floor Premises qualify for release under such applicable decommissioning regulations. Sublessor: Cambridge NeuroScience, Inc. Present Mailing Address One Kendxxx Xxxare, Building 700 of Sublessor: Cambxxxxx, Xxxxxxxxxxxxx 00000 Xxblessee: Millennium Pharmaceuticals, Inc. Present Mailing Address 238 Xxxx Xxxxxx xx Sublessee: Cambxxxxx, Xxxxxxxxxxxxx 00000 Attention: Janex Xxxx
Summary of Basic Lease Provisions. When used herein, the following terms shall have the indicated meanings:
Summary of Basic Lease Provisions. The following summarizes the basic terms of this Lease. If this summary conflicts with the provisions of the Lease, the provisions of the Lease shall control.
Summary of Basic Lease Provisions
