After Exercise of the Option and acquisition of the Option Shares, the Subscriber shall become bound by the provisions of the Articles (a copy of which is appended to and forms part of this Agreement) and in particular in relation to the provisions relating to the transfer of shares which are contained in the Articles.
After Exercise. During each Renewal Term, all of the terms and provisions of this Lease will apply, except that (i) after the Fourth Renewal Term there will be no further right of renewal; and (ii) commencing with lease year 6 of the First Renewal Term, annual Base Rent during each Renewal Term shall increase every two years by the greater of (A) the annual Base Rent payable during the immediately prior initial two years, as applicable, multiplied by 1.02, or (B) the annual Base Rent payable during the immediately prior initial Term or Renewal Term, as applicable, multiplied by a fraction, the numerator of which is the Index (as hereinafter defined) published most immediately preceding the first month of the current Renewal Term, and the denominator of which is the Index published most recently preceding the first month of the immediately prior initial Term or Renewal Term, as applicable. For purposes of this Section, the “Index” shall mean the Consumer Price Index, All Urban Consumers, Denver-Boulder-Greeley Statistical Area, published by the United States Department of Labor, Bureau of Labor Statistics (1982-84 = 100). If the Index is discontinued or revised during any Renewal Term, such other government Index or computation with which it is replaced shall be used in order to obtain substantially the same result as would be obtained if the Index had not been discontinued or revised.
After Exercise. Upon and after Tenant's exercise of the Termination Option, all of the terms and conditions of the Lease shall continue to apply except the Expiration Date of the Lease shall be the Early Termination Date and the term of the Lease shall be adjusted accordingly. Without limiting the generality of the foregoing, in addition to payment of the Termination Fee, Tenant shall timely pay Landlord all other amounts as and when they become due and payable under the Lease accruing through the Early Termination Date.
After Exercise. The Participant agrees not to sell any Common Shares purchased pursuant to the exercise of the Option if applicable laws or Company policies prohibit such a sale.
After Exercise. During each Renewal Term, all of the terms and provisions of this Lease will apply, except that (a) after the Second Renewal Term there will be no further right of renewal; and (b) during each Renewal Term, Base Rent will be payable at the applicable Market Rental Rate, as determined pursuant to this Section 31, multiplied by the rentable square feet of the Premises as of the commencement of the applicable Renewal Term. The “Term” of this Lease will include any properly exercised Renewal Term.
After Exercise. During each Renewal Term, all of the terms and provisions of this Lease will apply, except that (a) after the Second Renewal Term there will be no further right of renewal; and (b) during each Renewal Term, Base Rent will be payable at 95% of the applicable Market Rental Rate, as determined pursuant to this Section 34, multiplied by the rentable square feet of the Premises as of the commencement of the applicable Renewal Term; provided, however, that notwithstanding anything in this Section 34 to the contrary, in no event will the Base Rent payable for any month in the First Renewal Term be less than the Base Rent payable for the last month of the initial Term, nor will the Base Rent payable for any month in the Second Renewal Term be less than the Base Rent payable for the last month of the First Renewal Term. The “Term” of this Lease will include any properly exercised Renewal Term.
After Exercise of the Option and issuance or transfer of the Option Shares, the Executive shall become bound by the provisions of the Articles (a copy of which is appended to and forms part of this agreement) and in particular in relation to the provisions relating to the transfer of shares which are contained in the Articles.
After Exercise. Following a Specified Expansion Commencement Date, all of the terms and provisions of this Lease will apply, except that, after the Specified Expansion Commencement Date, Base Rent with respect to the Specified Expansion Space will be payable at the applicable Market Rental Rate, as determined pursuant to this Section 8, multiplied by the rentable square feet of the Specified Expansion Space.
After Exercise. During each Renewal Term, all of the terms and provisions of this Lease will apply, except that (i) after the Second Renewal Term there will be no further right of renewal; and (ii) during each Renewal Term, Base Rent will be payable at the *** Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has been requested with respect to the omitted portions. CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. applicable Market Rental Rate, as determined pursuant to this Section 9, multiplied by the rentable square feet of the Premises as of the commencement of the applicable Renewal Term; provided, however, that notwithstanding anything in this Section 9 to the contrary, in no event will the Base Rent payable for any month in the First Renewal Term be less than the Base Rent payable for the last month of the initial Term, nor will the Base Rent payable for any month in the Second Renewal Term be less than the Base Rent payable for the last month of the First Renewal Term. The “Term” of this Lease will include any properly exercised Renewal Term following execution and delivery of a confirmatory amendment regarding the Renewal Option.
After Exercise. 57 30.5 Limitations on Tenant’s Rights ............................................................................57 31.
