Term and Fixed Rent Sample Clauses

Term and Fixed Rent. 1.01. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this Lease, the premises described in Section 1.02 in the building (herein called the “Building”) known as Xxx Xxxxx Xxxxxx Xxxxx xx xxx Xxxx, Xxxxxx and State of New York. The Building is located on a portion of the land (herein called the “Land”) described in Exhibit A annexed hereto and made a part hereof. 1.02. The premises (herein called the “Premises”) leased to Tenant are the entire fifteenth (15th), sixteenth (16th), seventeenth (17th) and eighteenth (18th) floors of the Building, substantially as shown hatched on the floor plans annexed hereto as Exhibit B and made a part hereof. The parties hereto hereby agree that for purposes of this Lease the Premises shall be deemed to contain 103,484 rentable square feet. 1.03. The term (“Term”) of this Lease (a) shall commence on the Effective Date (as defined in Section 1.05 hereof) and (b) shall end on December 31, 2015 (herein called the “Expiration Date”) or on such earlier date upon which the term of this Lease shall expire or be cancelled or terminated pursuant to any of the conditions or covenants of this Lease or pursuant to law. 1.04. The rents shall be and consist of: (a) For the period commencing on the Effective Date and ending on the Expiration Date: Four Million One Hundred Thirty Nine Thousand Three Hundred and Sixty ($4,139,360) Dollars per annum ($344,946.67 per month) (“Fixed Rent”). Tenant shall receive a credit against its obligation to pay Fixed Rent and Additional Charges hereunder in accordance with, and to the extent available under, Section 6 of the Settlement Agreement (as hereinafter defined). Subject to the foregoing, Fixed Rent shall be payable commencing on the Effective Date and thereafter in equal monthly installments in advance on the first day of each and every calendar month during the term of this Lease, and (b) additional rent (herein called “Additional Charges”) consisting of Tax Payments (hereinafter defined), Operating Payments (hereinafter defined), the Additional Charges set forth in Articles 14 and 15 and all other sums of money as shall become due from and payable by Tenant to Landlord hereunder from and after the Effective Date; all to be paid in lawful money of the United States to Landlord at its office, or such other place, or to Landlord’s agent and at such other place, as landlord shall designate by notice to T...
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Term and Fixed Rent. 1.01. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this lease, the premises described in Section 1.02. 1.02. The premises (herein called the “Premises”) leased to Tenant shall consist of the entire Real Property, including, without limitation: the entire 2nd through 39th floors of the Building (each such floor is individually referred to herein an “Office Floor” and collectively as the “Office Floors”), the lobby of the Building (herein called the “Lobby”) and the basement of the Building (herein called the “Basement”). Landlord and Tenant hereby agree that the Premises shall be deemed to contain an aggregate of 1,869,752 rentable square feet (which is the area on which Fixed Rent is determined hereunder) comprised as follows: 2nd Floor 37,396* 21st Floor 51,941 3rd Floor 47,097 22nd Floor 50,060 4th Floor 37,825 23rd Floor 50,060 5th Floor 51,664 24th Floor 50,060 6th Floor 52,522 25th Floor 50,060 7th Floor 52,522 26th Floor 49,863 8th Floor 52,522 27th Floor 49,812 9th Floor 52,522 28th Floor 50,058 10th Floor 52,522 29th Floor 50,054 11th Floor 52,522 30th Floor 49,211 12th Floor 28,404 31st Floor 50,544 13th Floor 36,257 32nd Floor 50,898 14th Floor 51,073 33rd Floor 50,896 15th Floor 51,073 34th Floor 50,896 16th Floor 51,072 35th Floor 47,082 17th Floor 51,011 36th Floor 47,082 18th Floor 50,346 37th Floor 47,082 19th Floor 51,932 38th Floor 47,082 20th Floor 51,941 39th Floor 38,780 Retail/Storage space 9,954 Retail/Storage space 16,049 Subject to the terms, covenants, provisions and conditions of this lease, Landlord hereby grants to Tenant the exclusive right to use the Premises and to control the operation and management thereof. 1.03. The term of this lease (the “Term”) shall commence on the date of this lease (herein called the “Commencement Date”) and subject to the rights of Tenant to elect to extend the term of this lease pursuant to the provisions of Article 36 in which case the term of this lease shall end as of the last day of the applicable Extension Term, the term of this lease shall end at 11:59 p.m. on December 31, 2020 (the later of such * Includes 262 rentable square feet of storage space. dates is herein called the “Expiration Date”) or on such earlier date upon which the term of this lease shall expire or be canceled or terminated pursuant to any of the conditions or covenants of this lease or pursuant to law. 1.04. The rents shall ...
Term and Fixed Rent. 1.01. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, representations, warranties, provisions and conditions of this Lease, the premises described in Section 1.02 in the building (herein called the “Building”) known as Xxx Xxxxxxx Xxxxx, 000 Xxxxxxxx xx xxx Xxxx, Xxxxxx and State of New York. The Building is located on a portion of the land (herein called the “Land”) described in Exhibit A annexed hereto and made a part hereof. 1.02. The premises (herein called the “Premises”) leased to Tenant consist of the entire rentable area located on the 4th, 5th and 6th floors of the Building, each as substantially as shown hatched on the floor plans attached hereto as Exhibit B and made a part hereof. Landlord and Tenant hereby covenant and agree that the Premises shall be deemed to contain 132,092 rentable square feet in the aggregate (consisting of 44,025 rentable square feet on each of the 4th and 5th floors and 44,042 rentable square feet on the 0xx xxxxx) based on Landlord’s current standards of measurement. In addition, Landlord hereby grants to Tenant (a) as more fully detailed in Section 40.02 below, the right to use certain areas of the Building in connection with the use and operation of the Back-Up Power System and Chiller Unit (as such terms are hereinafter defined) and (b) the non-exclusive right to use, in common with others, the public areas of the Building to the extent required for access to the Premises or use of the Premises for general and executive offices, including, without limitation, the Building lobby, loading docks and elevators, subject to the terms, covenants, provisions and conditions of this Lease. 1.03. The term of this Lease (a) shall commence on the Commencement Date (as defined in Section 1.05 hereof) and (b) shall end at 11:59 p.m. on the last day of the month in which the fifteenth (15th) anniversary of the day preceding the Rent Commencement Date occurs (herein called the “Expiration Date”) or on such earlier date upon which the term of this Lease shall expire or be canceled or terminated pursuant to any of the conditions or covenants of this Lease or pursuant to law. 1.04. The rents shall be and consist of: (a) fixed rent (herein called “Fixed Rent”) at the rate of: (i) $5,812,048.00 per annum ($484,337.33 per month), for the period commencing on the Rent Commencement Date and ending on the last day of the month in which occurs the day immediately preceding the...
Term and Fixed Rent. 1.01. Landlord hereby leases to Tenant. and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this Lease, the premises described in Section 1.02 in the building (herein called the "Building") known as 00 Xxxxxx Xxxx (a/k/a 00-00 Xxxxxx Xxxx. a/k/a 50-66 Xxxx Street, a/k/a 00-000 Xxxxxxxx Xxxxxx) in the City, County and State of New York. The Building is located on the land (herein called the "Land") described in Exhibit A annexed hereto and made a part hereof.
Term and Fixed Rent. (a) The Term of this Lease for the Additional Premises shall expire on the Expiration Date. (b) From March 1, 2000 (the "ADDITIONAL PREMISES RENT COMMENCEMENT DATE") through the Expiration Date, Fixed Rent with respect to the Office Space shall be increased to SIX MILLION FIFTY-FIVE THOUSAND THREE HUNDRED SIXTY-EIGHT and 00/100 Dollars ($6,055,368.00) per annum or FIVE HUNDRED FOUR THOUSAND SIX HUNDRED FOURTEEN and 00/100 Dollars ($504,614.00) per month (prorated for any portion of a month).
Term and Fixed Rent. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this lease, the premises described in Section 1.02.
Term and Fixed Rent. 1.01. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this lease, the premises described in Section 1.02 hereof in the Unit. 1.02. The premises (herein called the "PREMISES") leased to Tenant shall consist of (a) the entire mezzanine (herein called the "MEZZANINE PREMISES"), second
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Term and Fixed Rent. 1.01. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this lease, the premises described in Section 1.02. 1.02. The premises (herein called the "Premises") leased to Tenant shall consist of the entire Real Property, including, without limitation: the entire 3rd through 50th floors of the Building (each such floor is individually referred to herein an "Office Floor" and collectively as the "Office Floors"), the lobby of the Building (herein called the "Lobby"), the concourse of the Building (herein called the "Concourse"), the sub-concourse of the Building (herein called the "Sub-concourse"), and the 51st, 52nd and 53rd floor areas of the Building which are devoted to mechanical and roof top areas and are not usable for office use (herein collectively called the "Mechanical Areas"). Landlord and Tenant hereby covenant and agree that (i) no rentable square feet or amounts of rent payable hereunder shall be attributable to the Sub-concourse or to the Mechanical Areas or any other area that would constitute a common area if the Building were multi-tenanted and (ii) the Premises shall be deemed to contain an aggregate of 1,401,609 rentable square feet (which is the area on which Fixed Rent is determined hereunder) comprised as follows: Office Floors: -------------- ------------------------------------------------------------------------------------------------ 3rd Floor 31,079 28th Floor 30,612 ------------------------------------------------------------------------------------------------ 4th Floor 22,833 29th Floor 30,209 ------------------------------------------------------------------------------------------------ 5th Floor 18,968 30th Floor 30,174 ------------------------------------------------------------------------------------------------ 6th Floor 27,002 31st Floor 31,165 ------------------------------------------------------------------------------------------------ 7th Floor 30,170 32nd Floor 31,165 ------------------------------------------------------------------------------------------------ 8th Floor 30,170 33rd Floor 31,165 ------------------------------------------------------------------------------------------------ 9th Floor 30,170 34th Floor 31,165 ------------------------------------------------------------------------------------------------ 10th Floor 30,170 35th Floor 31,165 ------------------------------------------------------------------...
Term and Fixed Rent. 1.01. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this lease, the premises described in Section 1.02. 1.02. The premises (herein called the “Premises“) leased to Tenant shall consist of: (i) ***[the entire ***[ ]*** floors of the Building and a portion of the ***[ ]*** floors of the Building (each such full floor and partial floor is individually referred to herein as an “Office Floor“ and collectively as the “Office Floors“)]***, all substantially as shown cross-hatched on the floor plans annexed hereto as Exhibit B-1 (ii) certain retail space located in the lobby of the Building, as more particularly shown cross-hatched on Exhibit B-2, (iii) certain retail and storage space located on the concourse level of the Building, as more particularly shown cross-hatched on Exhibit B-3,]*** 1
Term and Fixed Rent. 1.01 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, upon and subject to the terms, covenants, provisions and conditions of this Lease, the premises described in Section 1.02 in the building (“Building”) known as 0000 Xxxxxx xx xxx Xxxxxxxx, xx xxx Xxxx, Xxxxxx and State of New York. The Building is located on a portion of the land (“Land”) described in Exhibit A annexed hereto and made a part hereof. 1.02 The premises (“Premises”) leased to Tenant are located on the 24th and 25 th floors of the Building, substantially as shown hatched on the floor plan attached hereto as Exhibit B and made a part hereof. Landlord and Tenant hereby covenant and agree that the Premises shall be deemed to contain 58,588 rentable square feet based on Landlord’s current standards of measurement. Landlord hereby grants to Tenant the non-exclusive right to use, in common with others, the public areas of the Building to the extent required for access to the Premises or use of the Premises for general and executive offices, including, without limitation, common hallways on the floor on which the Premises are located, stairways, and the Building lobby, subject to the terms, covenants, provisions and conditions of this Lease. 1.03 The term of this Lease (a) shall commence on the Commencement Date (as defined in Section 1.05 hereof) and (b) shall end at 11:59 p.m. on the last day of the month in which the fifteenth (15) anniversary of the day preceding the Rent Commencement Date (as defined in Section 1.05 hereof) occurs (the “Expiration Date”) or on such earlier date upon which the term of this Lease shall expire or be canceled or terminated pursuant to any of the conditions or covenants of this Lease or pursuant to law. 1.04 The rents shall be and consist of: (a) fixed rent (“Fixed Rent”) at the rate of: (i) SIX MILLION TWO HUNDRED TEN THOUSAND THREE HUNDRED TWENTY-EIGHT DOLLARS ($6,210,328.00) per annum ($517,527.33 per month) from the Rent Commencement Date through the last day of the month preceding the month in which occurs the fifth anniversary of the Rent Commencement Date; (ii) SIX MILLION SIX HUNDRED TWENTY THOUSAND FOUR HUNDRED FORTY-FOUR DOLLARS ($6,620,444.00) per annum ($551,703.67 per month) from the first day of the month in which occurs the fifth anniversary of the Rent Commencement Date, through the last day of the month preceding the month in which occurs the tenth anniversary of the Rent Commencement Date; and (iii) SEVEN MILLION THIRTY TH...
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