Temporary Expansion Premises Clause Samples
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Temporary Expansion Premises. Commencing on February 15, 2015 (“Second Floor Suite Commencement Date”), and continuing until September 30, 2016 (“Second Floor Suite Term”), Landlord shall lease to Tenant and Tenant shall lease from Landlord the Second Floor Suite consisting of approximately 6,477 rentable square feet and as more particularly shown on Exhibit D attached hereto. Tenant acknowledges and agrees that all of the terms and conditions of the Lease shall apply to the leasing of the Second Floor Suite, except that: (a) the term of the lease with respect to the Second Floor Suite shall be as set forth in the first sentence of this Section 16; (b) Tenant shall commence paying Base Rent with respect to the Second Floor Suite on the Second Floor Suite Commencement Date in the amount of $3.85 per rentable square foot of the Second Floor Suite per month; (c) the Base Rent payable by Tenant with respect to the Second Floor Suite shall be increased on February 1, 2016, to $3.97 per rentable square foot of the Second Floor Suite per month; (d) Tenant shall commence paying Tenant’s Share of Operating Expenses with respect to the Second Floor Suite (which is equal to 6.29%) on the Second Floor Suite Commencement Date and Tenant shall continue to pay Tenant’s Share of Operating Expenses with respect to the Second Floor Suite thereafter on the first day of each month during the Second Floor Suite Term; (e) Landlord shall not be required to make any improvements to the Second Floor Suite or provide any tenant improvement allowance with respect to the Second Floor Suite, and Tenant shall accept the Second Floor in its “as is” condition; (f) Tenant shall not be required to deliver any additional Security Deposit with respect to the Second Floor Suite; (g) subject to the terms of Section 10 of the original Lease, Tenant shall have the right at no charge during the Second Floor Suite Term, in common with other tenants of the Project, to use 2.5 parking spaces per 1,000 rentable square feet of the Second Floor Suite; (h) Tenant shall pay the Amenities Fee with respect to the Second Floor Suite commencing on the Amenities Commencement Date through the expiration of the Second Floor Suite Term; (i) Tenant may not make any Alterations or any other improvements in the Second Floor Suite without the prior written approval of Landlord, which approval may be granted or withheld in Landlord’s sole and absolute discretion; (j) Tenant shall not have any early termination right with respect to the Second Flo...
Temporary Expansion Premises. Landlord shall provide Tenant temporary space of at least 4,000 - 5,000 s.f. of contiguous space at Redwood Business Park on a month to month basis until occupancy of the premises at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇. Tenant shall accept the premises in "as is" condition and the rent shall be $.50/sf./month. Tenant's obligations and Landlord's exculpatory provisions under the Lease shall apply to this temporary tenancy.
Temporary Expansion Premises
