Common use of Bays Clause in Contracts

Bays. Thereafter, at such time Tenant is no longer leasing the Expansion Space, Tenant’s Minimum Monthly Rent and Minimum Additional Rent shall decrease such that, Tenant (1) shall be obligated to pay Minimum Base Rent on at least two (2) Bays, plus the Hangar 4 Office Space and (2) shall be obligated to pay Minimum Additional Rent on at least two (2) Bays.

Bays. Thereafter, at such time Tenant is no longer leasing the Expansion Space, Tenant’s Minimum Monthly Rent and Minimum Additional Rent shall decrease such that, Tenant (1) shall be obligated to pay Minimum Base Rent on at least two (2) Bays, plus the Hangar 4 Office Space and (2) shall be obligated to pay Minimum Additional Rent on at least two (2) Bays.)