SUMMARY OF BASIC SUBLEASE PROVISIONS Sample Clauses

SUMMARY OF BASIC SUBLEASE PROVISIONS. 1.1 BASIC DATA
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
SUMMARY OF BASIC SUBLEASE PROVISIONS. 1.1 BASIC DATA ALL CAPITALIZED TERMS USED HERE[N SHALL HAVE THE MEANINGS ASCRIBED TO THEM [N THE PRIME LEASE (HEREINAFTER DEFINED) UNLESS OTHERWISE DEFINED HEREIN. Commencement Date: The date on which the Premises are deemed ready for occupancy by Sublessee. See Section 3.1. Sublessor: ArQule, Inc. Present Mailing Address 200 Xxxxxx Xxxxxx xx Sublessor: Medfxxx, Xxxxxxxxxxxxx 00000 Xxblessor' s Representative: [*] Sublessee: Pfizer Inc Present Mailing Address of Sublessee: 235 Xxxx 00xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxblessee's Representative: [*] Prime Lessor: Cummxxxx Xxoperties, LLC (successor-in-interest to Cummxxxx Properties Management, Inc.), as agent for Beautyrest, Inc. and Boston North, LLC (successor-in- interest to WRB, Inc.) Present Mailing Address 200 Xxxx Xxxxxxxx Xxxx xx Prime Lessor: Wobuxx, Xxxxxxxxxxxxx 00000 ------------------ *Confidential treatment has been requested for the marked portion.
Sample 1Sample 2
SUMMARY OF BASIC SUBLEASE 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: September 21, 1996. Sublessor: Genzyme Corporation Present Mailing Address of Sublessor: One Xxxxxxx Square, Building 1400 Xxxxxxxxx, Xxxxxxxxxxxxx 00000 Sublessee: Dyax Corp. Present Mailing Address of the Sublessee: Xxx Xxxxxxx Xxxxxx, Building 600 Cambridge, Massachusetts 02139 Permitted Uses: Offices, research, development, laboratories, manufacturing, storage, marketing and sales of biologically derived products in connection with biological and chemical research.
Sample 1
SUMMARY OF BASIC SUBLEASE PROVISIONS. 1.1 Basic Data ALL CAPITALIZED TERMS USED HEREIN SHALL HAVE THE SAME RESPECTIVE MEANINGS ASCRIBED TO THEM IN THE PRIME LEASE (HEREINAFTER DEFINED) UNLESS OTHERWISE DEFINED HEREIN. Sublessor: ArQule, Inc. Present Mailing Address of Sublessor: 00 Xxxxxxxxxxxx Xxx Xxxxxx, Xxxxxxxxxxxxx 00000-0000 Sublessee: Threshold Pharmaceuticals Inc. Present Mailing Address 000 Xxxxxxx Xxxxxxxxx of Sublessee: Xxxxx Xxx Xxxxxxxxx, XX 00000-0000 Prime Lessor: PACIFIC SHORES CENTER LLC, a Delaware limited liability company Present Mailing Address of Prime Lessor: c/o Xxx Xxxx Company 000 Xxxxxxxxxx Xxxxxx, Xxxxx 0000 Xxx Xxxxxxxxx, Xxxxxxxxxx 00000-0000 Commencement Date: The Commencement Date will be October 1, 2004.
Sample 1
SUMMARY OF BASIC SUBLEASE 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: The date that is the later of (i) the date that Prime Lessor provides its written consent to this Sublease, and (ii) September 15, 2019 (the “Estimated Commencement Date”), subject to Section 2.1.2 below. Sublessor: Keryx Biopharmaceuticals, Inc. Sublessee: Foundation Medicine, Inc. Mailing Address 000 Xxxxx Xxxxxx of Sublessor: Xxxxxxxxx, XX 00000 Mailing Address 000 Xxxxxx Xxxxxx of Sublessee: 0xx Xxxxx Xxxxxxxxx, XX 00000 Permitted Uses: General office use, and for no other purpose. Premises: Suite 1200, comprising the entire (12th) floor of the building commonly known as Xxx Xxxxxx Xxxx Xxxxx, Xxxxxx, Xxxxxxxxxxxxx (the “Building”) and consisting of 27,323 rentable square feet, as shown on the space plan attached hereto as Exhibit A. Prime Lease: That certain Office Lease dated as of as of April 29, 2015, by and between Fallon Cornerstone One MPD LLC and Sublessor. Prime Lessor: Fallon Cornerstone One MPD LLC. {A0622190.12 } Base Rent: Period Monthly Installment of Rent Annual Rental Rate Per Rentable Square Foot Rent Commencement Date – Last day of the 12th full calendar month of the Term (Year 1) $146,861.13 $64.50 First day of the 13th full calendar month of the Term – Last day of the 24th full calendar month of the Term (Year 2) $149,138.04 $65.50 First day of the 25th full calendar month of the Term – Last day of the 36th full calendar month of the Term (Year 3) $151,414.96 $66.50 First day of the 37th full calendar month of the Term – Termination Date (Year 4) $153,691.88 $67.50 Sublessee’s Pro Rata Share: 100% of Tenant’s Pro Rata Share, currently 5.80%.
Sample 1
SUMMARY OF BASIC SUBLEASE 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. Scheduled Commencement Date: Xxxxx 0, 0000 Xxxxxxxxx: Curis, Inc. Sublessee: Mimeon, Inc. Premises: Approximately 5,300 feet of space located in the building known as 27, 33 and 00 Xxxxxxx Xxxxxx, Cambridge, Massachusetts (the "Building"), as shown on the sketch attached hereto as Exhibit A (all of such Premises being within 00 Xxxxxxx Xxxxxx). Provided that sixty (60) parking spaces remain available to Sublessor under the Prime Lease, Sublessee shall have the right, as part of the Premises, and at no additional cost, to utilize ten (10) of said parking spaces as reasonably determined by Sublessor. In the event that fewer than sixty (60) parking spaces are available to Sublessor under the Prime Lease, the parking spaces available to the Sublessee pursuant to this paragraph shall be reduced on a prorata basis. The Premises demised under this Sublease comprise a portion of the Premises (as defined in the Prime Lease) leased to Sublessor by Prime Lessor under the Prime Lease (as defined below).
Sample 1
SUMMARY OF BASIC SUBLEASE PROVISIONS. All capitalized terms used herein shall have the meanings ascribed to them in the Prime Lease (hereinafter defined) unless otherwise defined herein. NAME OF SUBLANDLORD: Otsuka America Pharmaceutical, Inc. STATE OF FORMATION: Delaware SUBLANDLORD’S ADDRESS FOR NOTICES: Xxxxxxx Xxxxx Senior Manager, Administrative Services Otsuka America Pharmaceutical, Inc. 0000 Xxxxxxxx Xxxxxxxxx Xxxxxxxxx, XX 00000 With copies to: Xxxxxx X. Xxxxxx, Esq. Vice President and General Counsel Otsuka America Pharmaceutical, Inc. 0000 Xxxxxxxx Xxxxxxxxx Xxxxxxxxx, XX 00000 and XxxXxx Xxxxx, Esq. LeClairRyan Xxx Xxxxxxxxxxxxx Xxxxx 00xx Xxxxx Xxxxxx, XX 00000 PAYMENT OF RENT ADDRESS: Xxxxxxx Xxxxx Senior Manager, Administrative Services Otsuka America Pharmaceutical, Inc. 0000 Xxxxxxxx Xxxxxxxxx Xxxxxxxxx, XX 00000 NAME OF SUBTENANT: Ophthotech Corporation STATE OF FORMATION: Delaware SUBTENANT’S ADDRESS: Prior to the Commencement Date: Ophthotech Corporation Xxx Xxxx Xxxxx 00xx Xxxxx Xxx Xxxx, XX 1019 From and after the Commencement Date: Ophthotech Corporation Xxx Xxxx Xxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 With copies to: Xxxxxx Xxxxxx Xxxxxxxxx Xxxx and Xxxx LLP 00 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attn: Xxxx Xxxxxxxxxx, Esq. PRIME LANDLORD: RM Square, LLC PRIME LEASE: Agreement of Lease, dated July 22, 2009 (the “Original Lease”), between Prime Landlord, as landlord, and Sublandlord, as Tenant, as amended by the First Amendment to Lease, dated August 5, 2010 (the “First Amendment”) and the Second Amendment, dated December 8, 2014 (the “Second Amendment”) BUILDING: Xxx Xxxxxxxxxx Xxxxxx, Xxxxxxxxx, XX PREMISES: Approximately 35,206 rentable square feet located on the 2nd floor in Suite 220.
Sample 1
AutoNDA by SimpleDocs

Related to SUMMARY OF BASIC SUBLEASE PROVISIONS

  • BASIC LEASE PROVISIONS Each reference in this Lease to the “

  • SUMMARY OF BASIC LEASE INFORMATION TERMS OF LEASE DESCRIPTION

  • Lease Provisions (a) No later than four (4) months prior to the date rehabilitation of the Development is projected to be complete, Borrower shall submit to the County for approval Borrower’s proposed form of lease agreement for the County's review and approval. When leasing Units within the Development, Borrower shall use the form of lease approved by the County. Borrower may not permit the lease to contain any provision that is prohibited by 24 C.F.R. Section 92.253(b) and any amendments thereto. Borrower’s form of lease must include any provisions necessary to comply with the requirements of the Violence Against Women Reauthorization Act of 2013 (Pub. L. 113–4, 127 Stat. 54) applicable to HUD-funded programs. The form of lease must comply with all requirements of this HOME Regulatory Agreement, the other Loan Documents and must, among other matters: (1) provide for termination of the lease for failure to: (i) provide any information required under this HOME Regulatory Agreement or reasonably requested by Borrower to establish or recertify the Tenant's qualification, or the qualification of the Tenant's household, for occupancy in the Development in accordance with the standards set forth in this HOME Regulatory Agreement, or (ii) qualify as a Very Low Income Household as a result of any material misrepresentation made by such Tenant with respect to the income computation; (2) be for an initial term of not less than one (1) year, unless by mutual agreement between the Tenant and Borrower, and provide for no increase in Rent during such year. After the initial year of tenancy, the lease may be month-to-month by mutual agreement of Borrower and the Tenant. Notwithstanding the above, any rent increases are subject to the requirements of Section 2.3 above; and (3) include a provision that requires a Tenant who is residing in a Unit required to be accessible pursuant to Section 3.9(b) of the Loan Agreement, and who is not in need of an accessible Unit to move to a non-accessible Unit when a non-accessible Unit becomes available and another Tenant or prospective Tenant is in need of an accessible Unit. (b) During the HOME Term, Borrower shall comply with the Marking Plan and Tenant Selection Plan approved by the County.

  • BASIC PROVISIONS A. Employer's Name: [....] Address: [....] B. The Employer is a ( ) corporation; ( ) S Corporation; ( ) partnership; ( ) Sole Proprietor; ( ) Other: [....] C. Employer's Tax ID Number: [....]

  • Required Sublease Provisions Any sublease of all or any portion of the Leased Property entered into on or after the date hereof in accordance with and subject to the provisions of Section 16.3 shall provide (a) that it is subject and subordinate to this Agreement and to the matters to which this Agreement is or shall be subject or subordinate; (b) that in the event of termination of this Agreement or reentry or dispossession of Tenant by Landlord under this Agreement, Landlord may, at its option, terminate such sublease or take over all of the right, title and interest of Tenant, as sublessor under such sublease, and, except as provided below, such subtenant shall, at Landlord's option, attorn to Landlord pursuant to the then executory provisions of such sublease, except that neither Landlord nor any Facility Mortgagee, as holder of a mortgage or as Landlord under this Agreement, if such mortgagee succeeds to that position, shall (i) be liable for any act or omission of Tenant under such sublease, (ii) be subject to any credit, counterclaim, offset or defense which theretofore accrued to such subtenant against Tenant, (iii) be bound by any previous prepayment of more than one (1) Accounting Period, (iv) be bound by any covenant of Tenant to undertake or complete any construction work on the Leased Property or any portion thereof, (v) be required to account for any security deposit of the subtenant other than any security deposit actually delivered to Landlord by Tenant, (vi) be bound by any obligation to make any payment to such subtenant or grant any credits, except for services, repairs, maintenance and restoration provided for under the sublease that are performed after the date of such attornment, (vii) be responsible for any monies owing by Tenant to the credit of such subtenant, or (viii) be required to remove any Person occupying any portion of the Leased Property; and (c), in the event that such subtenant receives a written Notice from Landlord or any Facility Mortgagee stating that an Event of Default has occurred and is continuing, such subtenant shall thereafter be obligated to pay all rentals accruing under such sublease directly to the party giving such Notice or as such party may direct. All rentals received from such subtenant by Landlord or the Facility Mortgagee, as the case may be, shall be credited against the amounts owing by Tenant under this Agreement and such sublease shall provide that the subtenant thereunder shall, at the request of Landlord, execute a suitable instrument in confirmation of such agreement to attorn. An original counterpart of each such sublease duly executed by Tenant and such subtenant shall be delivered promptly to Landlord and Tenant shall remain liable for the payment of the Rent and for the performance and observance of all of the covenants and conditions to be performed by Tenant hereunder. The provisions of this Section 16.2 shall not be deemed a waiver of the provisions set forth in Section 16.1(a). Notwithstanding anything to the contrary in this Section 16.2, the Transition Period Sublease to be entered into by and between the Tenant and the Operator of even date herewith is hereby approved by the Landlord and shall not be required to comply with the provisions of this Section 16.2.

  • BASIC LEASE INFORMATION The key business terms used in this Lease are defined as follows:

  • BASIC LEASE TERMS The following terms shall have the following meanings in this Lease:

  • Fundamental Lease Provisions The provisions in this Article shall be referred to in this Lease as the "Fundamental Lease Provisions."

  • Condition of Subleased Premises (a) Subtenant represents that it has made or caused to be made a thorough examination and inspection of the Subleased Premises and is familiar with the condition of every part thereof. Subtenant agrees that, except as expressly provided herein, (i) it enters into this Sublease without relying upon any representations, warranties or promises by Sublandlord, its agents, representatives, employees or any other person in respect of the Building or the Subleased Premises, (ii) no rights, easements or licenses are acquired by Subtenant by implication or otherwise except as expressly set forth herein, (iii) Sublandlord shall deliver the Subleased Premises broom-clean and otherwise in the condition which Sublandlord received the Subleased Premises from Prime Lessor and Sublandlord shall have no obligation to do any work in order to make the Subleased Premises suitable and ready for occupancy and use by Subtenant, and (iv) the Subleased Premises are in satisfactory condition. Notwithstanding the foregoing, Subtenant acknowledges receipt from Prime Lessor of a decommissioning report with respect to the Subleased Premises prepared by Ramboll US Corporation and dated March 17, 2020 (the “Decommissioning Report”) and has accepted the results set forth in the Decommissioning Report. Sublandlord represents and warrants to Subtenant that Sublandlord has not physically occupied the Subleased Premises at any time, including from and after the date of the Decommissioning Report. (b) Subtenant shall keep and maintain the Subleased Premises, the furniture, fixtures and equipment therein (including, without limitation, all laboratory-specific mechanical equipment) clean and in good order, repair and condition, except for reasonable wear and tear and damage by fire or other casualty or condemnation. To the extent agreed to by Prime Lessor, Subtenant shall be entitled to the benefit of those obligations of Prime Lessor set forth in the Prime Lease as to Prime Lessor’s obligation to maintain Building Systems. (c) Subtenant shall make no alteration, installation, removal, addition or improvement in or to the Subleased Premises or to any other portion of the Building without the prior written consent of each of Sublandlord and, if required pursuant to the terms of the Prime Lease, Prime Lessor, and then, only in compliance fully with the terms of this Sublease and the Prime Lease. Sublandlord may withhold consent in its sole discretion to any alteration, installation, addition or improvement proposed by Subtenant. Sublandlord may require Subtenant to remove any and all alterations, installations, additions or improvements that Subtenant makes to the Subleased Premises upon the expiration or termination of the Term, and to restore the Subleased Premises to its condition prior to such alterations, installations, additions or improvements. (d) During the Term of the Sublease, and subject to Prime Lessor’s consent, Subtenant may use 0.90 parking spaces in the Technology Square Garage per 1,000 rentable square feet of the Subleased Premises as allocated to Sublandlord pursuant to Section 10 of the Prime Lease. Such parking use by Subtenant shall, subject to Prime Lessor’s consent, be at the same cost per space as charged to Sublandlord from time to time pursuant to the Prime Lease, and such use by Subtenant shall be in accordance with Section 10 of the Prime Lease as amended from time to time and all published rules and regulations of the Landlord and/or the operator of the Technology Square Garage as to such parking use.

  • Release Provisions The provisions of Schedule B(1) are incorporated into and form part of this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!