Additional Premises Clause Samples
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Additional Premises. Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or dama...
Additional Premises. A. The Additional 4th Floor Space shall be delivered to Tenant on the Extended Term Commencement Date vacant and in broom clean condition. Effective as of the Extended Term Commencement Date, the Additional 4th Floor Space shall be deemed to be included in the Premises for all purposes of the Lease and all references in the Lease and this Agreement to the "Demised Premises", "Premises", "premises", or "demised premises" shall be deemed to include the Additional 4th Floor Space. Except as otherwise herein provided, all other terms and conditions of the Lease, including those applicable to items of Fixed Rent and Additional Rent payable pursuant to the Lease, shall be deemed to be, and shall remain, as set forth in the Lease throughout the remainder of the Term of the Lease, as amended hereby. Tenant expressly waives any right to rescind the Lease, as amended hereby, with respect to the Additional 4th Floor Space under Section 223-a of the New York Real Property Law or under any present or future statute of similar import then in force and further expressly waives the right to recover any damages, direct or indirect, which may result from Landlord's failure to deliver possession of the Additional 4th Floor Space on the Extended Term Commencement Date, however in such event (provided Tenant is not responsible for the inability to obtain possession) the Rent Commencement Date for the Fixed Rent and any Additional Rent payable for the Additional 4th Floor Space shall be extended on a day for day basis until the date on which Landlord delivers possession of the Additional 4th Floor Space to Tenant in the condition required hereunder.
B. If Landlord does not deliver the Additional 4th Floor Space, the 5th Floor Space or any Option Space on the applicable date when Landlord is obligated to do so, Tenant shall have the same termination rights with respect to those spaces as are set forth in the Original Lease in Paragraph 56G with respect to an Additional Space. Similarly, as provided in Paragraph 56G, Landlord shall use its best efforts to cause the evic▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇nants in any such spaces, including without limitation instituting and diligently prosecuting an action for summary possession in a court of appropriate jurisdiction; it being understood that Landlord shall not be obligated to pay or otherwise compensate any holdover tenants to relinquish possession of any such space.
C. Notwithstanding anything herein to the contrary, in the event that any o...
Additional Premises. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord that certain premises (the "Additional Premises") consisting of approximately 5,120 square feet of rentable area as shown on Exhibit "A" attached hereto and known as Suite 34. The Lease is hereby amended to add the Additional Premises to the Premises as demised and defined in the Lease upon the same terms and provisions specified in the Lease, except that:
(a) The Base Rent for the Additional Premises shall be as follows: Period Monthly Base Rent 06/01/00 -12/30/00 $2,918.40 NNN* 0/1/01/0l -12/31/01 $3,020.80 NNN* 01/01/02 -12/31/02 $3,123.20 NNN* 01/01/03 -12131/03 $3,225.60 NNN* 01/01/04 -12/31/04 $3,328.00 NNN* *plus applicable rental taxes
(b) The lease term for the Additional Premises shall commence on June 1, 2000 and end on the last day of the Lease Term, December 31, 2004, unless sooner terminated as provided in the Lease.
(c) The first installment of Base Rent for the Additional Premises shall be due and payable on the commencement date of the lease term for the Additional Premises, with subsequent installments of Base Rent applicable to the Additional Premises due on the first day of each month thereafter during the Lease Term.
(d) Base Rent for the Additional Premises shall be subject to periodic adjustment pursuant to Article 4 of the Lease. The term "Tenant's Proportionate Share", as defined and used in the Lease, shall mean eight and fifty two hundredths percent (8.52%) for the Additional Premises.
Additional Premises. Effective as of December 1, 2013 (the “Additional Premises Commencement Date”), Landlord hereby leases to Tenant, and Tenant hereby accepts from Landlord, the Additional Premises to be used by Tenant solely for the uses permitted in the Lease. All terms and conditions of the Lease (as amended hereby) shall apply to the Additional Premises except; (x) as specifically set forth herein; (y) Tenant’s Proportionate Share shall be increased to 45.32% (Tenant’s Proportionate Share does not include the square footage of the Storage Area), and all other figures in the Lease affected by the addition of such square footage shall be adjusted accordingly; and (z) Tenant shall not be entitled to any allowances, credits, options or other concessions with respect to the Additional Premises except as specifically set forth herein. From and after the Additional Premises Commencement Date, all references in the Lease to the “Premises” shall be deemed to include the Additional Premises. The Additional Premises and the Existing Premises shall be collectively referred to herein as the “New Premises” which consists of approximately twenty-nine thousand one hundred ninety-two (29,192) square feet.
Additional Premises. Effective as of the date (the “Delivery Date”) that Landlord delivers the Additional Premises to Tenant with the Tenant Improvements (as defined below) Substantially Complete (as defined below), Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Additional Premises. From and after the Delivery Date, the term “Premises,” when used in the Lease, shall mean the Original Premises plus the Additional Premises, as shown on Exhibit B attached hereto. Tenant’s obligation to pay Basic Annual Rent or Operating Expenses with respect to the Additional Premises shall commence on February 15, 2010 (the “Additional Premises Rent Commencement Date”); provided, however, in the event that Landlord has not delivered the Additional Premises with the Tenant Improvements Substantially Complete on or before February 15, 2010, then the Additional Premises Rent Commencement Date shall be extended until the Delivery Date for all purposes under this Amendment, and Tenant shall have no obligation to pay any Basic Annual Rent or Operating Expenses for the Additional Premises prior to such Delivery Date.
Additional Premises. Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, Suite 420 in Building 1, consisting of approximately twenty thousand one hundred twenty-three (20,123) rentable square feet of additional premises, as depicted on Exhibit A attached hereto (the “Additional Premises”). The Additional Premises are comprised of (a) approximately twelve thousand four hundred twenty (12,420) rentable square feet of partially improved space, as depicted on Exhibit B attached hereto (the “Partially Improved Premises”), and (b) approximately seven thousand seven hundred three (7,703) rentable square feet of shell space, as depicted on Exhibit C attached hereto (the “Shell Premises”). From and after the Additional Premises Commencement Date (as defined below), the term “Premises,” when used in the Lease, shall mean the Original Premises plus the Additional Premises.
Additional Premises. Conditioned upon receipt by Sublandlord of Landlord’s written consent executed in substantially the form attached hereto as Exhibit B, Sublandlord hereby subleases to Subtenant, and Subtenant hereby subleases from Sublandlord, the Additional Premises on the terms and conditions of the Sublease, as modified hereby; accordingly, from and after the Effective Date (hereinafter defined), the term “Premises” shall refer collectively to the Existing Premises and the Additional Premises; and, except as otherwise provided herein, Subtenant’s Share shall be increased to 26%, which is the percentage obtained by dividing the number of rentable square feet in the Premises (26,464) by the number of rentable square feet in the Building (102,816). Subtenant accepts the Additional Premises in their “AS-IS” condition, and Sublandlord shall not be required to perform any demolition work or tenant-finish work therein or to provide any allowances therefor except as set forth in Section 6 of this Amendment. Sublandlord and Subtenant stipulate that the number of rentable square feet in the Existing Premises, the Additional Premises, and the Building is correct.
Additional Premises. Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Additional Premises. Effective as of the October 21, 2009 (the “Additional Premises Commencement Date”), the Rentable Area of the Premises (as set forth in Section 2.2 of the Lease) is hereby increased by one thousand one hundred forty-one (1,141) rentable square feet, resulting in a new total Rentable Area of Premises of ten thousand four hundred three (10,403) rentable square feet. From and after the Additional Premises Commencement Date, all references to the “Premises” in the Lease and this Second Amendment shall refer to the Original Premises plus the Additional Premises, as such Premises are depicted on Exhibit A-2.
Additional Premises. In the event of the participant occupying or having property at any newly added premises for the purpose of the business during the currency of this section, such newly added premises shall be deemed to be included in those specified here subject to notification to the company as soon as reasonably practicable and to adjustment of the contribution if necessary.
Additional Premises. Effective as of the Additional Premises Commencement Date (as defined below), and continuing for the balance of the Lease Term, the space on the second (2nd) floor of the Building shown outlined on the attached Exhibit B (the “Additional Premises”) shall be added to the Premises covered by the Lease. The Additional Premises is known as Suite 200 of the Building. Commencing on the Additional Premises Commencement Date, all references in the Lease and in this Amendment to the “Premises” shall be deemed to refer to the Existing Premises and the Additional Premises, collectively (and also, to the extent applicable, the Temporary Premises). Landlord and Tenant hereby stipulate for all purposes of the Lease that the rentable square footage of the Additional Premises is deemed to be 7,668 rentable square feet. The combined rentable square footage of the Existing Premises and the Additional Premises is 18,561 rentable square feet.