Terms Applicable to Premises During Extension Term. a. The initial Base Rent rate per rentable square foot for the Premises during the Extension Term shall equal the Prevailing Market (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during the Extension Term shall increase, if at all, in accordance with the increases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
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Samples: Office Lease Agreement (Ironwood Pharmaceuticals Inc), Office Lease Agreement (Clearside Biomedical, Inc.)
Terms Applicable to Premises During Extension Term. a. 1. The initial Base Rent rate per rentable square foot for the Premises during the Extension Term shall equal the Prevailing Market rate (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during the Extension Term shall increase, if at all, in accordance with the increases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
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Samples: Lease (Wave2Wave Communications, Inc.), Lease (Wave2Wave Communications, Inc.)
Terms Applicable to Premises During Extension Term. a. 1. The initial Base Rent rate per rentable square foot for the Premises during the Extension Term shall equal the Prevailing Market rate (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during the Extension Term shall increase, if at all, in accordance with the increases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of Section 4 of the Lease.
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Terms Applicable to Premises During Extension Term. a. 1. The initial Base Rent rate per rentable square foot for the Premises during the Extension Term shall equal the Prevailing Market (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during the Extension Term shall increase, if at all, in accordance with the increases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of Article 4 of the Lease.
Appears in 1 contract
Samples: Office Lease Agreement (Centrexion Therapeutics Corp)
Terms Applicable to Premises During Extension Term. a. 1. The initial Base Rent rate per rentable square foot for Rentable Square Footage of the Premises during the applicable Extension Term shall equal ninety-five percent (95%) of the Prevailing Market (hereinafter defined) rate per rentable square foot for Rentable Square Footage of the Premises. Base Rent during the applicable Extension Term shall increase, if at all, in accordance with the increases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
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Terms Applicable to Premises During Extension Term. a. 1. The initial annual Base Rent rate per rentable square foot for the Premises during the Extension Term shall be equal to the Prevailing Market rate (hereinafter defined) rate per rentable square foot for the PremisesPremises for the Extension Term. Base Rent during the Extension Term shall increase, if at all, in accordance with the increases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of Section 4 of the Lease.
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Samples: First Amendment (Medicines Co /De)
Terms Applicable to Premises During Extension Term. a. The initial Base Rent rate per rentable square foot for the Premises during the Extension Term shall equal the Prevailing Market (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during the Extension Term shall increaseincrease or decrease, if at all, in accordance with the increases changes assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
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Terms Applicable to Premises During Extension Term. a. 4.2.1 The initial Base Rent rate per rentable square foot for the Premises during the Extension Term shall equal the Prevailing Market (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during the Extension Term shall increase, if at all, in accordance with the increases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
Appears in 1 contract
Samples: Office Lease (Kura Oncology, Inc.)
Terms Applicable to Premises During Extension Term. a. 1.2.1 The initial Base Rent rate per rentable square foot for the Premises during the Extension Term shall equal the Prevailing Market (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during the Extension Term shall increase, if at all, in accordance with the increases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the terms and conditions of the Lease.
Appears in 1 contract
Samples: Single Tenant Industrial Triple Net Lease (GenMark Diagnostics, Inc.)