Common use of Tenant’s Share of Operating Expenses Clause in Contracts

Tenant’s Share of Operating Expenses. Notwithstanding any provision of the Existing Lease to the contrary, the parties acknowledge and agree that the Rentable Area of Phase I is 301,824, and commencing on the Extension Commencement Date and continuing through the Expiration Date of the Extended Term, Tenant shall continue to pay Tenant’s Share of Operating Expenses as set forth in Article Four of the Existing Lease, and as of the Extension Commencement Date, Tenant’s Share for the Existing Premises is agreed to be as follows: Tenant’s Building Share: 100.00 % Tenant’s Phase Share: 10.33 % Tenant’s Project Share: 5.80 %

Appears in 1 contract

Samples: Lease (Maxygen Inc)

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Tenant’s Share of Operating Expenses. Notwithstanding any provision of the Existing Lease to the contrary, the parties acknowledge and agree that the Rentable Area of Phase I is 301,824, and commencing on the Second Extension Commencement Date and continuing through the Expiration Date of the Second Extended Term, Tenant shall continue to pay Tenant’s Share of Operating Expenses as set forth in Article Four of the Existing Lease, and as of the Second Extension Commencement Date, Tenant’s Share for the Existing Premises is agreed continues to be as follows: Tenant’s Building Share: 100.00 % Tenant’s Phase Share: 10.33 % Tenant’s Project Share: 5.80 %

Appears in 1 contract

Samples: Lease (Maxygen Inc)

Tenant’s Share of Operating Expenses. Notwithstanding any provision of the Existing Lease to the contrary, the parties acknowledge and agree that the Rentable Area of Phase I is 301,824, and commencing on the Third Extension Commencement Date and continuing through the Expiration Date of the Third Extended Term, Tenant shall continue to pay Tenant’s Share of Operating Expenses as set forth in Article Four of the Existing Lease, and as of the Third Extension Commencement Date, Tenant’s Share for the Existing Premises is agreed continues to be as follows: Tenant’s Building Share: 100.00 % Tenant’s Phase Share: 10.33 % Tenant’s Project Share: 5.80 %

Appears in 1 contract

Samples: Lease (Maxygen Inc)

Tenant’s Share of Operating Expenses. Notwithstanding any provision of the Existing Lease to the contrary, the parties acknowledge and agree that the Rentable Area of Phase I II is 301,824235,620, and commencing on the Extension Commencement Date and continuing through the Expiration Date of the Extended Term, Tenant shall continue to pay Tenant’s Share of Operating Expenses as set forth in Article Four of the Existing Lease, and as of the Extension Commencement Date, Tenant’s Share for the Existing Premises is agreed continues to be as follows: Tenant’s Building Share: 100.00 % Tenant’s Phase Share: 10.33 10.96 % Tenant’s Project Share: 5.80 4.80 %

Appears in 1 contract

Samples: Lease (Maxygen Inc)

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Tenant’s Share of Operating Expenses. Notwithstanding any provision of the Existing Lease to the contrary, the parties acknowledge and agree that the Rentable Area of Phase I II is 301,824235,620, and commencing on the Second Extension Commencement Date and continuing through the Expiration Date of the Second Extended Term, Tenant shall continue to pay Tenant’s Share of Operating Expenses as set forth in Article Four of the Existing Lease, and as of the Second Extension Commencement Date, Tenant’s Share for the Existing Premises is agreed continues to be as follows: Tenant’s Building Share: 100.00 % Tenant’s Phase Share: 10.33 10.96 % Tenant’s Project Share: 5.80 4.80 %

Appears in 1 contract

Samples: Lease (Maxygen Inc)

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