Common use of Additional Premises Clause in Contracts

Additional Premises. Effective as of the Additional Premises Commencement Date (as defined below), the Existing Premises shall be expanded to include (and Tenant shall lease from Landlord, and Landlord shall lease to Tenant, coterminously with Tenant’s lease of the Existing Premises) additional space in the Building (collectively, the “Additional Premises”) consisting of approximately 314 rentable square feet of space, commonly known as Suites 805A and 805B, and depicted on Exhibit A attached hereto. As used herein, the “Additional Premises Commencement Date” shall mean July 1, 2008. From and after the Additional Premises Commencement Date, the term “Premises” where used in the Lease (as amended hereby) shall mean the Existing Premises and the Additional Premises collectively, such that the Premises shall consist of a total of approximately 162,122 rentable square feet. The Additional Premises shall be leased by Tenant in its “AS IS” condition on the Additional Premises Commencement Date, without obligation on Landlord’s part to construct or pay for any improvements or alterations to or for, or provide any improvement or refurbishment allowance for, the Additional Premises.

Appears in 2 contracts

Samples: Lease (CoreSite Realty Corp), Lease (CoreSite Realty Corp)

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Additional Premises. Effective as of the Additional Premises Commencement Date December 1, 2013 (as defined below), the Existing Premises shall be expanded to include (and Tenant shall lease from Landlord, and Landlord shall lease to Tenant, coterminously with Tenant’s lease of the Existing Premises) additional space in the Building (collectively, the “Additional Premises”) consisting of approximately 314 rentable square feet of space, commonly known as Suites 805A and 805B, and depicted on Exhibit A attached hereto. As used herein, 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 mean July 1apply 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), 2008and 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 term Lease to the “Premises” where used in the Lease (as amended hereby) shall mean the Existing Premises and be deemed to include the Additional Premises collectively, such that the Premises shall consist of a total of approximately 162,122 rentable square feetPremises. The Additional Premises and the Existing Premises shall be leased by Tenant in its collectively referred to herein as the AS ISNew Premisescondition on the Additional Premises Commencement Date, without obligation on Landlord’s part to construct or pay for any improvements or alterations to or for, or provide any improvement or refurbishment allowance for, the Additional Premiseswhich consists of approximately twenty-nine thousand one hundred ninety-two (29,192) square feet.

Appears in 1 contract

Samples: Lease Agreement (Verrica Pharmaceuticals Inc.)

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