Building Lease. This Lease is made and entered into this 16th day of December, 2011, by and between Alexander Properties Company, a California limited partnership, (hereinafter “Landlord”) and five9, Inc., a Delaware corporation (hereinafter “Tenant”). For and in consideration of the rental and of the covenants and agreements hereinafter set forth to be kept and performed by Tenant, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the premises herein described for the term, at the rental and subject to and upon all of the terms, covenants and agreements hereinafter set forth.
Building Lease. Costs in this category include rent expense and landlord pass-through costs for our manufacturing facility. The total costs in this category are divided by the total production volume.
Building Lease. 20 7.12. No Material Adverse Change...................................20 ARTICLE 8. Indemnification..........................................20
Building Lease. Seller shall have provided Buyer with an executed lease in the form of EXHIBIT G annexed hereto providing Buyer with the right to lease the premises described therein for a studio for a 10-year period commencing on the Closing Date at a monthly rental of $12,500.
Building Lease. A. Building(s): Arena agrees to lease, let and demise to Xxxxxx and Xxxxxx agrees to rent from Arena the building(s) located on the North Dakota State Fair Grounds commonly known as All Seasons Arena @ $ Per Addendum and [insert here] @ $ 0.00 hereinafter “Leased Premises”.
Building Lease. All amounts due under the building lease currently in existence will be paid current through the date of closing. At closing, the lease will be terminated.
Building Lease. 36 5.16 Assignment............................................ 37 5.17
Building Lease. At the Closing, the Purchaser shall cause the Company to execute a lease, in a form substantially similar to that attached hereto as Exhibit "B" (the "Building Lease") for the building and land located at 000 Xxxxxxx Xx., Fort Worth, Texas 76107 (the "Building"). The term of the Building Lease shall be from the Closing Date until February 28, 2003 (the "Initial Term"), with a right to extend the term for an additional five (5) years thereafter (the "Extension Term") so long as the Company gives notice of its intention to extend the lease on or before February 28, 2002. The payments on the Building Lease from March 1, 1998 through February 28, 1999 shall be $9,375 per month and shall thereafter increase by three percent (3%) from the prior year for each year during the Initial Term. The rent for the Extension Term shall be set for the first year thereof at the greater of the average annual rental rate for the Initial Term or a "market rental rate" and shall then increase by three percent (3%) per year for each year thereafter. If the Company and the Landlord are unable to agree upon a market rental rate, then the market rental rate shall be equal to the average of the rental rates determined by two independent real estate leasing brokers, each of whom shall work for national leasing companies familiar with the Dallas/Ft. Worth rental market for industrial properties, with one broker selected by the Company and one broker selected by the Landlord.
Building Lease. Any default by Tenant under the Building Lease.
Building Lease. The parties intend that the Building Lease be signed simultaneous with this Parking Lot Lease. Accordingly, the effectiveness of this Parking Lot Lease is conditioned upon the execution and delivery of the Building Lease by both Tenant and Landlord.
