Addition of Expansion Premises. Effective as of July 1, 2011 (the “Expansion Commencement Date”), Tenant shall lease from Landlord and Landlord shall lease to Tenant the Expansion Premises. Consequently, effective upon the Expansion Commencement Date, the Existing Premises shall be increased to include the Expansion Premises. Landlord and Tenant hereby acknowledge that such addition of the Expansion Premises to the Existing Premises shall, effective as of the Expansion Commencement Date, increase the size of the Premises to approximately 51,641 rentable square feet of space. The Existing Premises and the Expansion Premises may hereinafter collectively be referred to as the “Premises”, in appropriate contexts.
Addition of Expansion Premises. The Expansion Premises shall be added to the Current Premises, for all purposes, as of the Expansion Date and for the balance of the Lease Term (including the Extension Term), upon and subject to all of the terms, covenants and conditions of the Lease (as amended hereby). Tenant’s obligation to make rental payments (including, without limitation, Tenant’s Percentage of Direct Expenses) under the Lease (as amended hereby) with respect to the Expansion Premises, as set forth below, shall commence upon the Expansion Date. Upon the Expansion Date, Tenant’s Building Percentage shall increase from 10.2262% to 18.5757% and Tenant’s Project Percentage shall increase from 4.8066% to 8.8734% in order to reflect the addition of the Expansion Premises to the Premises. In the event that Tenant first occupies the Expansion Premises for the purposes of conducting its business prior to December 1, 2018, Landlord and Tenant shall execute a commencement date memorandum in a form customarily used by Landlord.
Addition of Expansion Premises. A. Provided that no default has occurred under the Lease, Tenant shall have the right to request from time to time by written notice to Landlord that all or portions of the Expansion Premises be added to the Existing Premises. Landlord shall have no obligation to add the requested portion of the Expansion Premises (“Requested Expansion Space”) to the Existing Premises, and Landlord may establish such requirements with respect thereto as Landlord deems necessary or appropriate (including, without limitation, the installation or removal of any demising walls, or modification of any entryways or building systems to properly serve the newly configured Premises, at Tenant’s expense). If Landlord agrees to add the Requested Expansion Space to the Existing Premises, Landlord shall so notify Tenant in writing and, provided Xxxxxx agrees to any requirements of Landlord with respect thereto, then effective as of the date Landlord delivers possession of the Requested Expansion Space to Tenant (the “Expansion Date”), Tenant shall accept possession of the Requested Expansion Space, and from and after the Expansion Date the Requested Expansion Space shall become a part of the Premises, and all references in the Lease to the “Premises” shall be deemed to mean and refer to the Existing Premises and the Requested Expansion Space, together.
Addition of Expansion Premises. As of the earlier of (a) November 1, 1999, or (b) substantial completion of the Work (as defined in the Work Letter attached hereto as Exhibit B) (the "15th Floor Expansion Premises Effective Date"), the 15th Floor Expansion Premises shall be added to and become a part of the premises leased by Tenant under the Lease, subject to the provisions set forth herein, and references in the Lease to the "Premises" shall be deemed to include the 15th Floor Expansion Premises, unless the context clearly requires otherwise.
Addition of Expansion Premises. The increment of space consisting of approximately 65,280 square feet and labeled “Expansion Premises” on the attached Exhibit A-1 is hereby added to the Existing Premises and shall be delivered to Tenant upon Substantial Completion of the Expansion Premises Improvements (as defined below). The parties acknowledge that the Expansion Premises consists of two elements: (i) portion “A” consisting of 53,280 square feet as shown on the attached Exhibit A-1, and (ii) portion “B” consisting of 12,000 square feet as shown on Exhibit A-1. Landlord and Tenant agree that for the purposes of the Lease and this Amendment, the Expansion Premises shall be deemed to contain approximately 65,280 square feet of space, subject to the provisions of Paragraph 72 of the Lease. As of the date hereof, the Lease shall be modified to provide that the “Premises” consists of approximately 175,802 square feet (the combined Existing Premises and Expansion Premises shall hereinafter be referred to as the “Premises”).
Addition of Expansion Premises. Notwithstanding any provisions of the Lease, commencing on the Expansion Premises Commencement Date (as defined below), the Premises are hereby modified and expanded to include the Expansion Premises on the same terms and conditions set forth in the Lease, subject to the modifications set forth in this Second Amendment.
Addition of Expansion Premises. Effective as of the "First Expansion Commencement Date," as that term is defined in Section 4, below, Landlord shall lease to Tenant and Tenant shall lease from Landlord the First Expansion Space, and the "Premises," as that term is used in the Lease, shall include the First Expansion Space for the "First Expansion Term," as that term is defined in Section 4, below. Effective as of the "Second Expansion Commencement Date," as that term is defined in Section 4, below, Landlord shall lease to Tenant and Tenant shall lease from Landlord the Second Expansion Space, and the "Premises," as that term is used in the Lease, shall include the Second Expansion Space for the "Second Expansion Term," as that term is defined in Section 4, below. The First Expansion Space and the Second Expansion Space shall sometimes be individually or collectively (as the context may require) referred to herein as the "Expansion Premises." The Expansion Premises shall be leased on the same terms and conditions set forth in the Lease, as amended hereby. Notwithstanding anything to the contrary contained in the Lease, for purposes of this Amendment and the Lease, Landlord and Tenant hereby agree that the number of rentable square feet contained in the First Expansion Space and the Second Expansion Space, respectively, are as set forth in Recital B, above.
Addition of Expansion Premises. (a) Effective as of the North Wing Commencement Date and continuing to and including the day immediately precedent the Expansion Premises Commencement Date, the Premises shall be as provided in the Lease.
Addition of Expansion Premises. Tenant is hereby exercising its Expansion Right (as set forth in Paragraph 2 of Exhibit F of the Lease) and accordingly, such Expansion Right as well as the Right of First Refusal (as set forth in Paragraph 3 of Exhibit F of the Lease) are hereafter null and void and of no further force and effect. Effective as of the Expansion Premises Commencement Date (as hereinafter defined), the Expansion Premises, which contains an “agreed upon” twenty-three thousand four hundred ninety-three (23,493) square feet of rentable area on the eighth (8th) floor of the Building as depicted on the diagram attached hereto as Attachment A, shall be added to the Original Premises. From and after the Expansion Premises Commencement Date, the rentable area of the Original Premises and the Expansion Premises (collectively, the “Premises”) shall consist of an “agreed upon” one hundred six thousand two hundred fifty-one (106,251) square feet of rentable area on the first (1st), eighth (8th), ninth (9th), tenth (10th), and eleventh (11th) floors of the Building. Landlord hereby leases to Tenant and Tenant hereby rents from Landlord the Expansion Premises upon the terms and conditions of this Amendment. On the Expansion Premises Commencement Date, the Expansion Premises shall become part of the Premises and, except as otherwise provided in this Amendment, be subject to all the then-current terms and conditions of the Lease for the remainder of the Lease Term.
Addition of Expansion Premises. The increment of space located in the Building, labeled “Expansion Premises” on the attached Exhibit A-1 and consisting of approximately 39,142 rentable square feet shall be added to the Existing Subleased Premises covered by the Sublease on the terms and conditions set forth herein. Sublandlord and Subtenant agree that for the purpose of the Sublease, as amended by this Amendment, the Expansion Premises shall be conclusively deemed to contain 39,142 rentable square feet. The Term of the Sublease with respect to the Expansion Premises shall commence on January 15, 2013 (the “Expansion Commencement Date”) and shall be coterminous with Term of the Existing Subleased Premises thereafter (the “Expansion Term”). Sublandlord estimates that possession of the Expansion Premises will be tendered to Subtenant on January 15, 2013 (the “Estimated Delivery Date”); provided, however, that if Sublandlord is unable to tender possession of the Expansion Premises to Subtenant by the Estimated Delivery Date, then: (a) the validity of this Amendment shall not be affected or impaired thereby; (b) Sublandlord shall not be in default hereunder or be liable for damages therefor; (c) Subtenant shall accept possession of the Expansion Premises on the date when Sublandlord tenders possession thereof to Subtenant; (d) the actual Expansion Commencement Date shall be the date on which Sublandlord actually tenders possession of the Expansion Premises to Subtenant; and (e) Rent shall not accrue until the Expansion Commencement Date actually occurs hereunder. As of the Expansion Commencement Date, the definition of “Subleased Premises” shall be modified to provide that the “Subleased Premises” consists of 59,265 rentable square feet (the combined Existing Subleased Premises and the Expansion Premises shall hereafter be referred to as the “Subleased Premises”). The Expansion Premises shall remain a portion of the “Subleased Premises” throughout the Term of the Sublease.
