Common use of Certain Basic Lease Terms Clause in Contracts

Certain Basic Lease Terms. As used herein, the following terms shall have the meaning specified below: a. Floor(s) on which the Premises are located: Second (2nd) floor. The Premises are currently designated as Suite 2200. Landlord and Tenant agree that for the purpose of this Lease, Increment 1 shall be deemed to contain 8,688 rentable square feet of space and Increment 2 shall be deemed to contain 22,813 rentable square feet of space, for a total rentable square footage for the Premises of 31,501 rentable square feet of space. b. Lease term: Approximately seven (7) years and eight (8) months. The Lease term as to Increment 1 shall commence on the date hereof (the “Increment 1 Commencement Date”). The Lease term as to Increment 2 shall commence on the date of Substantial Completion (as defined in Paragraph 4.b. below) of the portion of the Tenant Improvements (as defined in Paragraph 4.a. below) that are located in Increment 2 (the “Increment 2 Commencement Date”). References in this Lease to the “Commencement Date” shall be deemed to refer to the Increment 1 Commencement Date as to Increment 1 and be deemed to refer to the Increment 2 Commencement Date as to Increment 2. The Lease term shall end on the date (the “Expiration Date”) that is the last day of the ninetieth (90th) full calendar month following the Increment 2 Commencement Date. c. Monthly Rent: The sums set forth below for the respective periods: Increment 1 Commencement Date through July 31, 2004 $ 1,810.00 (electricity and cleaning for Increment 1 only) August 1, 2004 through July 31, 2005 $ 50,821.61 August 1, 2005 through July 31, 2007 $ 60,376.92 August 1, 2007 through July 31, 2009 $ 65,627.08 August 1, 2009 through Expiration Date $ 70,877.25 Notwithstanding the above, Tenant’s Monthly Rent shall be fully abated for the following six (6) calendar months: November and December of 2005, November and December of 2006, and November and December of 2007.

Certain Basic Lease Terms. As used herein, the following terms shall have the meaning specified below: a. Floor(s) on which the Premises are located: Second (2nd) floor. The Premises are currently designated as Suite 2200. Landlord and Tenant agree that for the purpose of this Lease, Increment 1 the Premises shall be deemed to contain 8,688 rentable square feet of space and Increment 2 shall be deemed to contain 22,813 rentable square feet of space, for a total rentable square footage for the Premises of 31,501 257,028 rentable square feet of space. b. Lease term: Approximately seven One hundred fifty-three (7153) full calendar months (i.e., 12 years and eight (8) 9 months. The Lease term as to Increment 1 shall commence on the date hereof (the “Increment 1 Commencement Date”). The Lease term as to Increment 2 shall commence on the date of Substantial Completion (as defined in Paragraph 4.b. below) of the portion of the Tenant Improvements (as defined in Paragraph 4.a. below) that are located in Increment 2 (the “Increment 2 Commencement Date”). References in this Lease to the “Commencement Date” shall be deemed to refer to the Increment 1 Commencement Date as to Increment 1 and be deemed to refer to the Increment 2 Commencement Date as to Increment 2. The Lease term shall end , commencing on the date (the “Expiration Commencement Date”) that is the later of (i) August 1, 2017 (as such date may be adjusted pursuant to Paragraphs 3.b.iii., Paragraph 3(d) or Section 3.1 of the Work Letter, the “Scheduled Commencement Date”) or (ii) the date that a temporary certificate of occupancy (or its equivalent) has been issued with respect to Landlord's Work (other than the B Permit Work (as defined in the Work Letter)), and ending on the last day of the ninetieth one hundred fifty-third (90th153rd) full calendar month following thereafter (the Increment 2 Commencement “Expiration Date. c. Monthly Rent: The sums set forth below for ”). For purposes of this Lease (1) the respective periods: Increment term “Lease Month” shall mean each calendar month during the Lease term; provided, however, Lease Month 1 shall commence on the Commencement Date through July 31and end on the last day of the first full calendar month thereafter, 2004 $ 1,810.00 (electricity and cleaning for Increment 1 only) August 1, 2004 through July 31, 2005 $ 50,821.61 August 1, 2005 through July 31, 2007 $ 60,376.92 August 1, 2007 through July 31, 2009 $ 65,627.08 August 1, 2009 through Expiration Date $ 70,877.25 Notwithstanding the above, Tenant’s Monthly Rent each subsequent Lease Month shall be fully abated for the following six calendar month commencing on the day after the expiration of the prior Lease Month and (62) the term “Lease Year” shall mean each 12-Lease Month period during the Lease term; provided, however, Lease Year 1 shall commence on the Commencement Date and end on the last day of the 12th full calendar months: November and December of 2005, November and December of 2006month thereafter, and November and December each subsequent Lease Year shall be the calendar year commencing on the day after the expiration of 2007the prior Lease Year. The 1005628.07/SF 375170-00002/11-24-16/mrm/mrm Commencement Date shall be subject to extension for “Landlord Delay” or “Force Majeure Delay” as provided in Section 3.1 of the Work Letter.

Certain Basic Lease Terms. As used herein, the following terms shall have the meaning specified below: a. Floor(s) on which the Premises are located: Second (2nd) floor. The Premises are currently designated as Suite 2200. Landlord and Tenant agree that for the purpose of this Lease, Increment 1 the Premises shall be deemed to contain 8,688 rentable square feet of space and Increment 2 shall be deemed to contain 22,813 rentable square feet of space, for a total rentable square footage for the Premises of 31,501 257,028 rentable square feet of space. b. Lease term: Approximately seven One hundred fifty-three (7153) full calendar months (i.e., 12 years and eight (8) 9 months. The Lease term as to Increment 1 shall commence on the date hereof (the “Increment 1 Commencement Date”). The Lease term as to Increment 2 shall commence on the date of Substantial Completion (as defined in Paragraph 4.b. below) of the portion of the Tenant Improvements (as defined in Paragraph 4.a. below) that are located in Increment 2 (the “Increment 2 Commencement Date”). References in this Lease to the “Commencement Date” shall be deemed to refer to the Increment 1 Commencement Date as to Increment 1 and be deemed to refer to the Increment 2 Commencement Date as to Increment 2. The Lease term shall end , commencing on the date (the “Expiration Commencement Date”) that is the later of (i) August 1, 2017 (as such date may be adjusted pursuant to Paragraphs 3.b.iii., Paragraph 3(d) or Section 3.1 of the Work Letter, the “Scheduled Commencement Date”) or (ii) the date that a temporary certificate of occupancy (or its equivalent) has been issued with respect to Landlord’s Work (other than the B Permit Work (as defined in the Work Letter)), and ending on the last day of the ninetieth one hundred fifty-third (90th153rd) full calendar month following thereafter (the Increment 2 Commencement “Expiration Date. c. Monthly Rent: The sums set forth below for ”). For purposes of this Lease (1) the respective periods: Increment term “Lease Month” shall mean each calendar month during the Lease term; provided, however, Lease Month 1 shall commence on the Commencement Date through July 31and end on the last day of the first full calendar month thereafter, 2004 $ 1,810.00 (electricity and cleaning for Increment 1 only) August 1, 2004 through July 31, 2005 $ 50,821.61 August 1, 2005 through July 31, 2007 $ 60,376.92 August 1, 2007 through July 31, 2009 $ 65,627.08 August 1, 2009 through Expiration Date $ 70,877.25 Notwithstanding the above, Tenant’s Monthly Rent each subsequent Lease Month shall be fully abated for the following six calendar month commencing on the day after the expiration of the prior Lease Month and (62) the term “Lease Year” shall mean each 12-Lease Month period during the Lease term; provided, however, Lease Year 1 shall commence on the Commencement Date and end on the last day of the 12th full calendar months: November and December of 2005, November and December of 2006month thereafter, and November and December each subsequent Lease Year shall be the calendar year commencing on the day after the expiration of 2007.the prior Lease Year. The Commencement Date shall be subject to extension for “Landlord Delay” or “Force Majeure Delay” as provided in Section 3.1 of the Work Letter. 1005628.07/SF 375170-00002/11-24-16/mrm/mrm