Examples of Second Expansion Date in a sentence
In the event of a delay in the First Expansion Date, Second Expansion Date, Third Expansion Date or Fourth Expansion Date by reason of a delay in delivery of a space as described above, the Base Rent (on a per day, per square foot basis multiplied by the square footage of the space delivered late) with respect to such late delivered space shall not be payable with respect to the period of the delay.
The Term is recast to be a period of sixty-three (63) months commencing on the Second Expansion Date, as hereinafter defined, and expiring on the last day of the sixty-third (63rd) full calendar month thereafter (the “Extension Term”), unless sooner terminated or extended pursuant to the terms of the Lease, as amended herein.
On the Second Expansion Date, the Second Expansion Space shall be added as part of the Premises for all purposes, except as set forth herein, including the payment of Additional Rent.
Prior to the Second Expansion Date, each party shall have the right to have the rentable square feet of the Second Expansion Premises measured in accordance with the terms of the Existing Lease.
If the Second Expansion Date is a day other than the first day of a month, then the initial twelve (12) months of the Extension Term will include such partial month.
The term of the Lease (i) for the First Expansion Space shall commence on the First Expansion Date, (ii) for the Second Expansion Space shall commence on the Second Expansion Date, and (iii) shall expire for the First Expansion Space, the Second Expansion Space and all other portions of the Leased Premises on the Expiration Date.
Notwithstanding any provision of the Existing Lease to the contrary, the Original Term of the Existing Lease shall expire on the day immediately preceding the eighth (8th) anniversary of the Second Expansion Date, as defined herein, or earlier as otherwise provided in the Existing Lease.
As of the Second Expansion Date, there shall be no additional renewal or extension terms unless otherwise mutually agreed to in writing by Landlord and Tenant except as set forth in Paragraph 8 below.
In the event that any portion of the Second Expansion Premises is delivered prior to the Second Expansion Date, Landlord and Tenant agree to amend the Lease to revise the rent tables set forth in this First Amendment and to revise the schedule of payment for additional rent..
Tenant shall be granted access to the Second Expansion Premises no later than thirty (30) days prior to the Second Expansion Date for the purpose of installing telecommunications and business equipment.