Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
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Samples: Office Lease (Mirum Pharmaceuticals, Inc.), Office Lease (Graybug Vision, Inc.), Office Lease (Graybug Vision, Inc.)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the this Lease.
Appears in 4 contracts
Samples: Office Lease (Apigee Corp), Office Lease (Apigee Corp), Confidential Treatment (Navidea Biopharmaceuticals, Inc.)
Terms Applicable to Extension Term. A. 1. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
Appears in 3 contracts
Samples: Office Lease (Cardiodx Inc), Office Lease (Cardiodx Inc), Office Lease Agreement (GigOptix, Inc.)
Terms Applicable to Extension Term. A. (a) During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
Appears in 2 contracts
Samples: Office Lease (Nutanix, Inc.), Office Lease (Nutanix, Inc.)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; rate and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
Appears in 1 contract
Samples: Office Lease (Telik Inc)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market (defined in Section 5.5 below) rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the this Lease.
Appears in 1 contract
Samples: Office Lease (Magnite, Inc.)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the initial Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent foot as of the commencement of the Extension Term and shall increase, if at all, be subject to annual increases in accordance with the increases assumed in the determination of Prevailing Market rateMarket; and (cb) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease. Except as otherwise expressly provided in this Amendment, the terms and conditions set forth in the Lease, as amended from time to time, shall apply during the Extension Term.
Appears in 1 contract
Samples: Third Amendment (Kempharm, Inc)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market (defined in Section 10.5 below) rate per rentable square foot; (b) the Base Rent rate shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease.and
Appears in 1 contract
Samples: First Amendment (Medallia, Inc.)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if increase annually at all, in accordance with the increases assumed in the determination rate of Prevailing Market rate3% per year; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
Appears in 1 contract
Samples: Office Lease (Actuate Corp)
Terms Applicable to Extension Term. A. During the Extension Term, (aA) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate Rent per rentable square foot; (bB) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rateRent; and (cC) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of this Lease. During the Extension Term, Tenant shall pay Tenant’s Proportionate Share of Operating Expenses, Real Property Taxes and other Direct Expenses in accordance with this Lease.
Appears in 1 contract
Samples: Lease (Neophotonics Corp)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market a rate of $3.45 per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market ratefoot per month; and (cb) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
Appears in 1 contract
Samples: Office Lease (Quinstreet, Inc)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if it at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the this Lease.
Appears in 1 contract
Samples: Office Lease (Rocket Fuel Inc.)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market (defined in Section 2.5 below) rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
Appears in 1 contract
Samples: Multi Tenant Industrial Triple Net Lease (Thorne Healthtech, Inc.)
Terms Applicable to Extension Term. A. During the Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the LeaseLease (as amended).
Appears in 1 contract
