Third Expansion Premises. In addition to the Current Premises, commencing on the Third Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Third Expansion Premises.
Third Expansion Premises. (a) In consideration of the rents, terms, provisions and covenants of this Amendment and the Lease, Landlord hereby leases unto Tenant and Tenant hereby rents and accepts from Landlord the Third Expansion Premises. The Third Expansion Premises is more particularly described on Exhibit A attached hereto. The Third Expansion Premises is located on the ground floor of 0000 Xxxx Xxxxxx Parkway, Suite 100.
(b) Tenant covenants, as a material part of the consideration for the Lease, as amended hereby, to keep and perform each and all of said terms, covenants and conditions for which Tenant is liable and that this Amendment is made upon the condition of such performance. On and after the Fourth Renewal Term Commencement Date, all of the terms and provisions of the Lease, as amended hereby, shall apply to both the Existing Premises, the Second Expansion Premises and the Third Expansion Premises. From and after the Fourth Renewal Term Commencement Date, each and every reference in the Lease and in this Amendment to “Premises” shall be and mean the Existing Premises, the Second Expansion Premises and the Third Expansion Premises, collectively. The Existing Premises and Second Expansion Premises consist of a total of approximately 22,955 rentable square feet. The Third Expansion Premises shall be known as Suite 100 and consists of approximately 5,468 rentable square feet.
Third Expansion Premises. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord, the Third Expansion Premises. The Third Expansion Premises has been measured in accordance with the Building Owners and Managers Association Standard Method of Measurement (ANSI/BOMA Z65.1 1996). Notwithstanding anything in the Lease or in this Amendment to the contrary, except as provided in the immediately following sentence, Tenant is leasing the Third Expansion Premises in its as-is, but broom clean, condition with all furniture, equipment [other than the Existing Equipment (as hereinafter defined)] and personal property removed (the “Required Delivery Condition”). Tenant acknowledges that the prior tenant's equipment (the “Existing Equipment”) may still be present in the phone closet located within the Third Expansion Premises as of the Third Expansion Premises Commencement Date. Tenant shall have no liability for the repair, maintenance, or removal of the Existing Equipment, nor shall Tenant be liable for any interruption of service caused to the Existing Equipment while such Existing Equipment is located within the Third Expansion Premises. If applicable, Landlord shall coordinate with Tenant and the prior tenant to remove the Existing Equipment from the Third Expansion Premises within a reasonable period, but in no event later than November 1, 2018. Except to the extent caused by the negligence or willful misconduct of Tenant, Landlord shall indemnify and save free and harmless Tenant from and against all losses and/or expenses, including reasonable legal fees and expenses, which Tenant may suffer or pay as the result of claims or lawsuits involving or in connection with the Existing Equipment. Notwithstanding anything to the contrary, Landlord's indemnification obligation pursuant to the immediately preceding sentence shall expire two (2) years after the Existing Equipment is removed from the Third Expansion Premises. Landlord shall ensure that all base Building systems serving the Third Expansion Premises are in good working order as of the Third Expansion Premises Commencement Date. Tenant shall cause the Third Expansion Premises to be built out in accordance with the Work Agreement that is attached to and made a part hereof as Exhibit B.
Third Expansion Premises the Original Premises, the First Expansion Premises, the Second Expansion Premises and Third Expansion Premises are collectively referred to herein as the "Premises"), thereby bringing the Total Rentable Square Feet in the Premises to 43,305; and
Third Expansion Premises. Commencing on the Effective Date, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord approximately 15,976 square feet of rentable floor area (the “Rentable Floor Area of the Third Expansion Space”) located on the third (3rd) floor of the Building, as more particularly shown on the floor plan attached to the Lease as Exhibit L (the “Third Expansion Space”). From and after the Effective Date, the “Tenant’s Premises” under the Lease and all references to the “Premises” in the Lease shall be deemed to include both the Third Expansion Space and the Existing Premises.
Third Expansion Premises. Commencing on the Third Expansion Commencement Date and continuing throughout the Expansion Term, Tenant shall pay Tenant's Share of Direct Expenses in connection with the Third Expansion Premises in accordance with the terms of the Lease, provided that with respect to the calculation of Tenant's Share of Direct Expenses in connection with the Third Expansion Premises, Tenant's Share shall equal 100% of the 900 Building.
Third Expansion Premises. Commencing on the Third Expansion Commencement Date and continuing throughout the Third Expansion Term, Tenant shall pay to Landlord monthly installments of Base Rent for the Third Expansion Premises as follows: Period During Third Expansion Term Annualized Base Rent Monthly Installment of Base Rent Approximate Monthly Rental Rate per RSF
Third Expansion Premises. Commencing on the “Third Expansion Premises Rent Commencement Date”, which shall be the earlier to occur of (i) the Third Expansion Premises Commencement Date, or (ii) March 1, 2016, Tenant shall pay Base Rent for the Third Expansion Premises in the amount of $50.00 per rentable square foot of the Third Expansion Premises per year. Base Rent for the Third Expansion Premises shall be increased on each annual anniversary of Third Expansion Premises Rent Commencement Date by $1.00 per rentable square foot of the Third Expansion Premises per year. Base Rent for the Third Expansion Premises, as so adjusted, shall thereafter be due as provided herein.”
Third Expansion Premises. The Third Expansion Premises – Phase I and the Third Expansion Premises – Phase II, consisting of approximately Thirty-Eight Thousand One Hundred Fifty-One (38,151) rentable square feet.
Third Expansion Premises. Phase I Third Expansion Premises – Phase II
