Termination of Original Lease. Effective as of the Commencement Date of the New Lease, the Original Lease shall terminate. The Original Lease shall remain in full force and effect up to the termination of the Original Lease, all obligations of Landlord and Tenant thereunder shall remain in full force and effect until such termination
Termination of Original Lease. The Original Lease shall terminate effective as of September 30, 2003 (the “Termination Date”). 2.
Termination of Original Lease. The Original Lease as it pertains to the Leased Property is hereby terminated effective as of the day immediately preceding the Commencement Date of this Lease.
Termination of Original Lease. Landlord and Tenant hereby acknowledge and agree that the Original Lease shall be terminated as of the Lease Commencement Date and shall no longer be of any force or effect.
Termination of Original Lease. As of the Lease Commencement Date identified in the Basic Lease Information above, the Original Lease shall be deemed terminated and, except for such obligations which expressly survive termination, the parties shall have no further rights or obligations thereunder. Tenant’s right of continued occupancy of the Premises shall thereafter be solely pursuant to the terms of this Lease.
Termination of Original Lease. On and after the Commencement Date of this Lease, the Original Lease shall automatically and without further action of First States, Landlord, Tenant or any other party, terminate and no longer be effective as to the Leased Premises. BBD-1 Separate Lease Form
Termination of Original Lease. Tenant and Landlord hereby agree that the Original Lease shall be terminated effective at midnight on November 30, 2006 as to all of the leased premises described therein except Suite 230 and Suite 250 of Building 10 (the “Suite 230 and 250 Space”), which consists of 4,534 RSF. As to the Suite 230 and 250 Space, the Original Lease shall remain in full force and effect through and including June 30, 2007 (“Final Termination Date”) in accordance with all terms and provisions thereof except for the following modifications: Base Rental for the Sxxxx 000 xxx Xxxxx 000 Space shall be adjusted to an amount equal to [**] [Confidential Treatment] per RSF per annum together with Tenant’s Percentage Share of Additional Rent with respect to such space, which shall be determined pursuant to Section 2.3 of this Lease. Tenant shall pay Base Rental and Forecast Additional Rental in equal monthly installments of [**] [Confidential Treatment] (plus sales tax) commencing on December 1, 2006 and continuing on the first day of each month thereafter to and including June 1, 2007 (plus applicable sales tax). Tenant shall also be subject to Tenant’s Additional Rental Adjustment with respect to such space when the Annual Operating Statements are available. Any default by Tenant under the Original Lease with respect to Sxxxx 000 xxx Xxxxx 000 shall constitute a default hereunder.
Termination of Original Lease. Upon the Commencement Date, the Original Lease shall be terminated in its entirety and shall be of no further force and effect. In the event that the Merger Agreement is terminated, this Lease shall automatically terminate and be of no effect and the Original Lease will remain in full force and effect.
Termination of Original Lease. Upon full execution of this Lease, Lessor and Lessee agree that the Original Lease shall automatically terminate, become null and void, and have no further effect; and Lessee agrees to execute any document requested by Lessor to evidence of record the termination of the Original Lease effective the date of the Commencement Date of this Lease.
Termination of Original Lease. Tenant and Landlord hereby agree that the Original Lease shall be terminated effective at midnight on March 31, 2007 as to Sxxxx 000 xxx Xxxxx 000 xx Xxxxxxxx 10 only which consists of 4,534 RSF. As such, the parties hereto agree that as of the Expansion Space Commencement Date the Original Lease only as to Sxxxx 000 xxx Xxxxx 000 xx Xxxxxxxx 10 which consists of 4,534 RSF shall of no further force and effect.
