Common use of Additional Space Clause in Contracts

Additional Space. (a) Each additional space (“Additional Space”) in the Building described below and shown on the attached Exhibit B shall be added to the Premises covered by the Lease as of the date of delivery (the “Delivery Date”) by Landlord to Tenant of possession of such Additional Space, each of which dates is projected to be as indicated: 250 12,617 usf 14,699 rsf May 1, 2018 100 5,450 usf 6,349 rsf December 1, 2018 375 2,724 usf 3,173 rsf January 1, 2019 175 4,312 usf 5,024 rsf April 1, 2019 150 8,661 usf 10,090 rsf July 1, 2019 275 3,714 usf 4,327 rsf November 1, 2019 (b) For Suite 250, the Base Year Operating Expenses shall be those Operating Expenses that are actually incurred in calendar year 2018, and for each other Additional Space, the Base Year Operating Expenses shall be those Operating Expenses that are actually incurred in calendar year 2019. (c) The projected schedule of Basic Monthly Rent for each Additional Space is set forth on the attached Exhibit A; provided, however, that if the Delivery Date for any Additional Space occurs on a date other than the projected Delivery Date set forth above: (i) the commencement date for such Additional Space shall be on such other date (as memorialized in an instrument entered into between the Parties); (ii) for the first four (4) months on and after such commencement date, the Basic Monthly Rent for such Additional Space shall be at an annual cost of $8.00 per rentable square foot; (iii) following such first four (4)-month period, the annual cost per rentable square foot for such Additional Space shall at the same rate, on a per rentable square foot basis, as is payable for the third-floor premises (Suites 300 and 350) during the period concerned; and (iv) the Expiration Date for such Additional Space shall remain as July 31, 2025, subject to extension of the Term to July 31, 2026 if the Term for Suite 350 is extended to July 31, 2026 pursuant to Paragraph 3(b) of Exhibit A attached to the Second Amendment.

Additional Space. 41.01. Tenant hereby leases from Landlord a portion of the basement of the Building (as shown on Exhibit D annexed hereto) ("Additional Space"), commencing February 1, 2002. Effective February 1, 2002, the Additional Space shall be delivered to Tenant vacant, broom clean, free of rights of tenants and occupants, and with the work set forth on Exhibit B, paragraph 2, substantially completed, the Lease of the Additional Space shall be included in this Lease, the Additional Space shall be included within the defined term "demised premises" and the Additional Space shall be governed by and subject to all of the terms and conditions of this Lease, and further, effective February 1, 2002, the fixed annual rent, as previously escalated by Section 1.01B, shall be increased by $1,100,000, which $1,100,000 shall be also subject, from and after the date of this Lease, to escalation pursuant to Section 1.01B. Landlord shall provide Tenant with $440,000 in connection with Tenant's work in the basement space, to be paid in accordance with the provisions of Section 6.09. There shall be no increase in Tenant's Tax Share as a result of Tenant leasing the Additional Space. 41.02. Provided that Young & Rubicam Inc. ("YR"), the current tenant on the fourth floor, has not exercised its right to renew its lease for the fourth floor by YR giving notice thereof to Landlord on or before June 1, 2002 (or YR has otherwise formally lost or waived in writing such right), and provided Tenant is then a tenant in the Building and is not in default under this Lease beyond any grace period, Tenant shall have one option (the "Fourth Floor Space Option") to lease from Landlord, effective June 1, 2003 (the "Fourth Floor Effective Date"), all of the fourth floor of the Building, as shown on Exhibit E annexed hereto ("Fourth Floor Space"). The Fourth Floor Space Option shall be exercised by Tenant giving Landlord notice ("Fourth Floor Notice") of its exercise of the Fourth Floor Space Option, on or before 30 days, time of the essence, after Landlord has given Tenant notice that YR has not exercised YR's renewal option or that YR has formally lost or waived in writing such right). Upon the giving of the Fourth Floor Notice and the occurrence of the Fourth Floor Effective Date, the lease of the Fourth Floor Space shall be included in this Lease, the Fourth Floor Space shall be included within the defined term "demised premises", the Fourth Floor Space shall be governed by and subject to all of the terms and conditions of this Lease, and further, effective June 1, 2003: (a) Each additional space (“Additional Space”) in the Building described below and shown on the attached Exhibit B fixed annual rent, as escalated by Section 1.01B, shall be added to the Premises covered increased by the Lease as of the date of delivery (the “Delivery Date”) by Landlord to Tenant of possession of such Additional Space, each of which dates is projected to be as indicated: 250 12,617 usf 14,699 rsf May 1, 2018 100 5,450 usf 6,349 rsf December 1, 2018 375 2,724 usf 3,173 rsf January 1, 2019 175 4,312 usf 5,024 rsf April 1, 2019 150 8,661 usf 10,090 rsf July 1, 2019 275 3,714 usf 4,327 rsf November 1, 2019100%; (b) For Suite 250, the Base Year Operating Expenses Tenant's Tax Share shall be those Operating Expenses that are actually incurred in calendar year 2018, and for each other Additional Space, the Base Year Operating Expenses shall be those Operating Expenses that are actually incurred in calendar year 2019.increased to 33.66%; and (c) The projected schedule of Basic Monthly Rent with respect to any other charge or expense for each Additional Space which Tenant is set forth on the attached Exhibit A; providedresponsible for its proportionate or pro rata share, however, that if the Delivery Date for any Additional Space occurs on a date other than the projected Delivery Date set forth above: (i) the commencement date for such Additional Space share shall be on such other date (as memorialized in an instrument entered into between increased to 33.66%. 41.03. If Tenant shall not timely exercise the Parties); (ii) for the first four (4) months on and after such commencement dateFourth Floor Space Option, the Basic Monthly Rent for such Additional Space Tenant's rights under Section 41.02 shall be at an annual cost of $8.00 per rentable square foot; (iii) following such first four (4)-month period, the annual cost per rentable square foot for such Additional Space shall at the same rate, on a per rentable square foot basis, as is payable for the third-floor premises (Suites 300 and 350) during the period concerned; and (iv) the Expiration Date for such Additional Space shall remain as July 31, 2025, subject to extension of the Term to July 31, 2026 if the Term for Suite 350 is extended to July 31, 2026 pursuant to Paragraph 3(b) of Exhibit A attached to the Second Amendmentterminate.