Common use of Condition Clause in Contracts

Condition. Tenant has inspected the Premises and agrees (i) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereof.

Condition. Tenant has inspected Sublandlord represents and warrants that (a) the existing heating, ventilating and air conditioning system (“HVAC”), electrical and mechanical systems and plumbing in or serving the Subleased Premises (and agrees (i) to accept possession not those of the Premises Building) shall be in the “as is” good operating condition existing on the Commencement Start Date, (except with respect b) to the 1270 SpaceSublandlord’s knowledge, which shall be in the “as is” condition existing on the date possession Subleased Premises are free of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth hereinHazardous Materials, and (iiic) Landlord has as of the Start Date, the Subleased Premises shall be vacant and available for occupancy by Subtenant, and no obligation other party shall have any right to perform occupy the Subleased Premises. If a non-compliance with any workwarranty set forth above exists as of the Start Date or if one of the above stated building systems or elements thereof, supply or any materialsof them, incur should malfunction, fail or require repair, and Subtenant notifies Sublandlord in writing of such malfunction, failure or need for repair within ninety (90) days following the Start Date (provided that such non-compliance, malfunction or need for repair is not caused by the negligence or willful misconduct of Subtenant and/or any expense of Subtenant’s affiliates, partners, employees, agents or make any alterations invitees, or improvements to the Premises to prepare the Premises for Tenant’s occupancybreach of this Sublease by Subtenant), except that Landlord Sublandlord shall, at TenantSublandlord’s sole cost and expense, promptly after receipt of written notice from Subtenant setting forth with specificity the nature and subject to extent of such non-compliance, malfunction, failure or need for repair, rectify the other terms of this Leasesame, cooperate with Tenant in connection with Tenant’s bringing any required utilities to or, if responsibility for a particular item is the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy responsibility of the Music Hall and Retail Space #1Master Landlord, and Tenant’s taking possession of any part of Sublandlord shall use commercially reasonable efforts to cause Master Landlord to rectify the 1270 Space same, at no cost or charge to Subtenant. Except for the 50 Rock Space foregoing, Sublandlord shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of deliver the Subleased Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1“AS IS, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofWHERE IS” condition.

Condition. Tenant is in possession and occupancy of the Current Premises as of the Effective Date. Tenant agrees and warrants that it has inspected the condition of the Current Premises and agrees (i) to accept possession Expansion Premises, and the suitability of the Premises in same for Tenant’s purposes, and Xxxxxx does hereby waive and disclaim any objection to, cause of action based upon, or claim that its obligations hereunder (and/or under the “as is” Lease) should be reduced or limited because of the condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing on the date possession of such space is delivered Current Premises and/or Expansion Premises, and/or the suitability of the same for Tenant’s purposes. Tenant further agrees and acknowledges that, except for Landlord’s obligation to Tenant disburse, in accordance with the terms and conditions of this Leasethe Work Letter Agreement attached as Exhibit C hereto (“Work Letter”), (iiA) the Expansion Premises Allowance (as defined in the Work Letter) with respect to the Expansion Premises and (B) the Current Premises Allowance with respect to the Current Premises, Landlord has no obligation to alter, improve or refurbish (and/or cause the alteration, improvement and/or refurbishment of) the Current Premises and/or Expansion Premises for Tenant’s use or benefit, and/or provide an allowance for such purpose, the Current Premises and Expansion Premises shall be accepted by Tenant in “as-is condition,” “with all faults,” and “without any representations or warranties.” Tenant acknowledges that neither Landlord nor Landlord’s agents have any agent nor any employee of Landlord has made any representations or warranties with respect to the Current Premises, Expansion Premises and/or the Project or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements with respect to the Premises to prepare suitability of the Premises same for Tenantthe conduct of Xxxxxx’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Spacebusiness. TenantXxxxxx’s continued occupancy and possession of the Music Hall and Retail Space #1Current Premises, and Tenant’s taking of possession of any part of the 1270 Space or Expansion Premises, shall conclusively establish that the 50 Rock Space shall be conclusive evidenceCurrent Premises, as against TenantExpansion Premises and the Project were at such time in satisfactory condition. Notwithstanding the foregoing, that (A) Tenant has accepted possession Landlord warrants and represents that, as of the Effective Date, Landlord has not received written notice from any governmental agency (and Landlord does not otherwise have actual knowledge, without any duty of investigation or inquiry) that the Expansion Premises (or any portion thereof) are in their violation of (i) building codes (including seismic codes) and/or (ii) the Americans with Disabilities Act of 1990 (as amended) (“ADA”) (in all cases, as then current condition locally enforced and interpreted) to the extent relating to the original construction (or subsequent alteration prior to the Effective Date) of the Expansion Premises (if applicable, any such existing violations of the building codes and/or ADA being “Existing Expansion Premises Violations”) and (B) if any Existing Expansion Premises Violations exist as of the Effective Date, as Tenant’s sole and exclusive remedy, Landlord shall be responsible, at Landlord’s sole cost and expense, for correcting any such Existing Expansion Premises are Violations (in all cases (i) without regard to Tenant’s particular use of the Expansion Premises and/or alterations, additions and/or improvements and (ii) subject to any “grandfathered” rights); provided, however, Xxxxxx’s right to enforce Landlord’s obligation to perform (or cause to be performed) any work relating to Existing Expansion Premises Violations shall be limited to circumstances in which non-compliance would (a) impair the safety of Tenant’s employees or create a health hazard for Tenant’s employees, (b) materially impair Tenant’s use and occupancy of, or access to, the Expansion Premises (or any material portion thereof) for typical and customary general office purposes, and/or (c) impose liability upon Tenant under applicable law. Notwithstanding the foregoing, (1) Landlord shall have the right to promptly and diligently contest the need to perform any code compliance work in good faith, including, without limitation, the right to apply for and satisfactory condition obtain a waiver or deferment of compliance, the right to assert any and all defenses allowed by law and the right to appeal any decisions, judgments or rulings to the fullest extent permitted by applicable law (collectively, the “Landlord Appeal Right(s)”) and (2) after exhausting any such Landlord Appeal Right(s), Landlord shall perform any work necessary to comply with any final order or judgment as required by this Leasesoon as reasonably practicable thereafter. With respect to Retail Space #1, Tenant hereby agrees and acknowledges that it will be required to replace the HVAC system serving (i) for purposes hereof, “building codes” shall in no event include any requirements imposed by “Title 24” laws and regulations and (ii) compliance with any and all such space from “Title 24” laws and after the Execution Date because the equipment currently serving such space and located in the 1270 Space regulations shall be disconnected performed by Xxxxxx, at Xxxxxx’s sole cost and no longer in serviceexpense (subject to the availability of the Expansion Premises Allowance). Nothing contained herein set forth in this Section 3(a) shall be deemed to relieve Landlord from any express repair, maintenance and replacement obligations on the part of its obligations during the Term Landlord to be performed under Article 7 hereofthe Lease.

Condition. Tenant has inspected the Premises and agrees (i) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant by Landlord, and by taking possession of the Premises, Tenant shall be deemed to have accepted the Premises as then being suitable for Tenant’s intended use and in accordance with the terms of good operating order, condition and repair in its then existing "AS-IS" condition, except as otherwise set forth in this Lease)Paragraph 1 and Exhibit B hereto, and (ii) that neither Landlord nor any of Landlord’s agents have agents, representatives or employees (collectively, the “Landlord Representatives”) has made any representations as to the suitability, fitness or warranties condition of the Premises for the conduct of Tenant’s business or for any other purpose. The Leasehold Improvements (defined in Exhibit B) shall be installed in accordance with respect the terms and provisions of Exhibit B. Notwithstanding anything to the contrary in this Lease, Landlord shall, at its sole cost (and any expenses incurred by Landlord to comply with the provisions of this sentence shall not be included in Operating Expenses that may be charged to Tenant in any manner under this Lease), deliver the Premises to Tenant clean and free of debris on the date Landlord tenders possession of the Premises to Tenant (the “Delivery Date”), with the roof, all existing air conditioning and heating systems, electrical, lighting, fire sprinkler, plumbing and other systems, exterior doors and loading doors in the Premises (collectively, the “Building Systems”), in good operating condition on the Delivery Date and Landlord warrants that the Building Systems shall continue to operate in good working order for the period ending on the date one hundred eighty (180) days after the Delivery Date (the “Warranty Period”), except to the extent such failure in the Building Systems to operate in good working order is caused by Tenant’s misuse or alterations to the Premises or failure to properly maintain the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition Building Systems as required by this Lease. With respect If a non-compliance with such warranty exists at any time prior to Retail Space #1the expiration of the Warranty Period, Landlord shall, except as otherwise provided in this Lease, promptly after receipt of written notice from Tenant acknowledges setting forth with specificity the nature and extent of such non-compliance, commence to rectify same at Landlord’s expense. If Tenant does not give Landlord written notice of a non-compliance on or before the expiration of the Warranty Period, correction of that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space non-compliance shall be disconnected the obligation of Tenant at Tenant’s sole cost and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofexpense.

Condition. Tenant has inspected the Premises and agrees (i) to accept Lessee shall continue in possession of the Demised Premises (as reduced hereby) in the its “as is” condition as of November 1, 2015, subject to Lessor’s obligations under the Lease, such as with respect to repair and maintenance of the Building and performing its obligations under the Lease with respect to legal compliance. Lessee shall perform improvements to the Demised Premises (as reduced hereby) on the terms and subject to the conditions set forth in Exhibit X. Xxxxxx is under no obligation to make any Alterations in or to the Demised Premises (as reduced hereby) or the Building; provided, however, that Lessor agrees to construct a multi-tenant elevator lobby and (subject to Exhibit B) common corridor on the seventh (7th) floor of the Building in a manner substantially similar to the Building standard finishes used in the recently renovated multi-tenant elevator lobby and common corridor existing on the Commencement Date, fourth (except 4th) floor of the Building as of the date of this Lease (“Lessor’s Work”). Lessor shall promptly commence Lessor’s Work after Lessee’s Plans (as defined in Exhibit B) with respect to the 1270 SpaceRe-Included Space are developed to a degree that permits Lessor to determine whether or not Lessor’s Work will include non-cosmetic Alterations, which and thereafter diligently pursue the same to completion. Lessor and Lessee shall reasonably cooperate with each other to avoid interference if Lessor’s Work and the Leasehold Improvements are being performed simultaneously. If Lessor’s Work includes non-cosmetic Alterations, and Lessor’s failure to perform the same prevents Lessee from lawfully reoccupying the portion of the Demised Premises (as reduced hereby) located on the seventh (7th) floor of the Building, then the Swing Space Expiration Date shall be in extended until such elements of Lessor’s Work are complete or Lessee can lawfully reoccupy the “portion of the Demised Premises (as is” condition existing reduced hereby) located on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), seventh (ii7th) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy floor of the Music Hall and Retail Space #1Building, and Tenantwhichever comes first. If Lessor’s taking possession of any part Work continues after Lessee has reoccupied the portion of the 1270 Space or Demised Premises (as reduced hereby) located on the 50 Rock Space shall be conclusive evidence, as against Tenant, that seventh (A7th) Tenant has accepted possession floor of the Building, then Lessor shall use reasonable efforts to minimize interference with Lessee’s business operations in such portion of the Demised Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofperforming Lessor’s Work.

Condition. Tenant has inspected examined the Premises and, subject to Landlord’s ongoing maintenance and repair obligations pursuant to Section 6.1 hereof, agrees (i) to accept possession of the Premises in the their “as is” condition existing on the Commencement Date, (except Effective Date with respect the exception of all latent defects not readily observable to the 1270 Spacenaked eye (“Latent Defects”), which shall be in so long as Tenant discloses the existence of any such Latent Defects to Landlord by written notice (the “as is” condition existing Latent Defects Notice”) received by Landlord on the earlier to occur of (x) that date possession which is no later than thirty (30) days after Tenant’s discovery of any such space is delivered to Tenant in accordance with Latent Defect, or (y) the terms date of this LeaseSubstantial Completion of Tenant’s Initial Alterations (the “Latent Defects Notice Date”), (ii) that neither Landlord nor and subject to Landlord’s agents ongoing maintenance and repair obligations pursuant to Section 6.1 hereof, Landlord shall have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense expenses, make any contribution or make any alterations or improvements to the Premises installations in order to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant or in connection with Tenant’s bringing occupancy or repair any required utilities Latent Defects after the Latent Defects Notice Date, unless Landlord timely receives the Latent Defect Notice and Landlord’s obligations with respect to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Latent Defects shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted strictly limited to those Latent Defects set forth in the Latent Defects Notice. The taking of possession of the Premises in their then current condition and (B) by Tenant shall be conclusive evidence as against Tenant that, at the time such possession was so taken, the Premises are were in a good and satisfactory condition as required by this Lease. With condition, except with respect to Retail Space #1any Latent Defects discovered prior to the Latent Defects Notice Date. Notwithstanding anything contained in this Lease to the contrary, Landlord, as of the date hereof and as of the Commencement Date (unless otherwise noted in this Section 5.1), represents and warrants to Tenant acknowledges that it will that: (i) Landlord is the lawful owner of the fee interest of the Building and the Real Property; (ii) Landlord possesses the authority to enter into this Lease and be required bound by the terms and provisions hereof; (iii) there are no pending, and to replace the HVAC system serving such space best of Landlord’s knowledge and belief, threatened lawsuits, proceedings or legal actions which would prevent Landlord from entering into this Lease or from performing any of its obligations or duties hereunder; and after the Execution Date because the equipment currently serving such space and (iv) there are no Hazardous Materials located in the 1270 Space Premises (which have not been encapsulated or abated). Anything contained in this Lease to the contrary notwithstanding, Landlord, at Landlord’s sole cost and expense, shall be disconnected perform certain renovations in and no longer to the western portion of the Building’s third (3rd) floor common corridor (the “Hallway Renovations”), which Hallway Renovations are described in serviceExhibit E annexed hereto and hereby made a part hereof. Nothing contained herein Landlord shall be deemed commence the Hallway Renovations on or before October 15, 2010 and shall use Landlord’s reasonable diligence to relieve Landlord of its obligations during substantially complete the Term under Article 7 hereofHallway Renovations on or before the Commencement Date.

Condition. Tenant has inspected THE PREMISES IS BEING DELIVERED TO LESSEE IN AS IS, WHERE IS CONDITION, AND LESSOR IS NOT MAKING ANY REPRESENTATIONS OR WARRANTIES AS TO THE HABITABILITY OF THE PREMISES OR THE SUITABILITY OF THE PREMISES GENERALLY OR FOR ANY PARTICULAR PURPOSE. Lessee acknowledges that Lessee is a former owner and continuing lessee of the Premises, and, as such, is familiar with the condition of the Premises and agrees (i) to accept possession the property on which the Premises are situated. Without limitation of the foregoing, Lessor makes no warranty concerning the condition of the existing electrical, plumbing, fire sprinkler, lighting, heating, ventilating and air conditioning systems ("HVAC"), loading doors, if any ("BASE BUILDING SYSTEMS"), nor regarding the structural elements of the roof, bearing walls and foundation of any buildings on the Premises ("BASE BUILDING STRUCTURE") (the Base Building Systems and the Base Building Structure, collectively, the "BUILDING"). Except as expressly provided in this Lease, the “failure of any of the Base Building Systems, Base Building Structure or the HVAC as is” a result of any condition existing on that exists as of the Commencement Date, (except with respect or resulting from any condition that exists as of the Commencement Date shall not constitute a breach or default by Lessor hereunder, nor give rise to the 1270 Spaceany right of Lessee to not pay Rent or terminate this Lease, which but rather Lessee shall be in solely responsible for the “as is” condition existing on repair and restoration of the date possession same to good, operable and useable condition, except for any repairs or restoration attributable to (i) the gross negligence or willful misconduct of such space is delivered Lessor or any occupant of the Premises prior to Tenant in accordance with Lessee's occupancy of the terms of this Lease), Premises or (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to latent defects in the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available actually known to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space Lessee or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required would not have been discovered by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofLessee with reasonable diligence.

Condition. Tenant has inspected examined the Premises and, except as expressly set forth in this Section 5.1 and subject to Landlord’s ongoing maintenance and repair obligations pursuant to Section 6.1 hereof, agrees (i) to accept possession of the Premises in the their “as is” condition existing on the Commencement Date, (except Effective Date with respect the exception of all latent defects not readily observable to the 1270 Spacenaked eye (“Latent Defects”), which shall be in so long as Tenant discloses the existence of any such Latent Defects to Landlord by written notice (the “as is” condition existing Latent Defects Notice”) received by Landlord on the earlier to occur of (x) that date possession which is no later than thirty (30) days after Tenant’s discovery of any such space is delivered to Tenant in accordance with Latent Defect, or (y) the terms date of this LeaseSubstantial Completion of Tenant’s Initial Alterations (the “Latent Defects Notice Date”), (ii) that neither Landlord nor and subject to Landlord’s agents ongoing maintenance and repair obligations pursuant to Section 6.1 hereof. Landlord shall have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense expenses, make any contribution or make any alterations or improvements to the Premises installations in order to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant or in connection with Tenant’s bringing occupancy or repair any required utilities Latent Defects after the Latent Defects Notice Date, unless Landlord timely receives the Latent Defect Notice and Landlord’s obligations with respect to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Latent Defects shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted strictly limited to those Latent Defects set forth in the Latent Defects Notice. The taking of possession of the Premises in their then current condition and (B) by Tenant shall be conclusive evidence as against Tenant that, at the time such possession was so taken, the Premises are were in a good and satisfactory condition as required by this Lease. With condition, except with respect to Retail Space #1any Latent Defects discovered prior to the Latent Defects Notice Date. Notwithstanding anything contained in this Lease to the contrary, Landlord, as of the date hereof and as of the Commencement Date (unless otherwise noted in this Section 5.1), represents and warrants to Tenant acknowledges that it will that: (i) Landlord is the lawful owner of the fee interest of the Building and the Real Property; (ii) Landlord possesses the authority to enter into this Lease and be required bound by the terms and provisions hereof; (iii) there are no pending, and to replace the HVAC system serving such space best of Landlord’s knowledge and belief, threatened lawsuits, proceedings or legal actions which would prevent Landlord from entering into this Lease or from performing any of its obligations or duties hereunder; and after the Execution Date because the equipment currently serving such space and (iv) there are no Hazardous Materials located in the 1270 Space Premises (which have not been encapsulated or abated). Anything contained in this Lease to the contrary notwithstanding, Landlord, at Landlord’s sole cost and expense, shall furnish and install electrical service and main feeders to the Premises with electrical capacity equal to eight (8) xxxxx per usable square foot, at 277/480 volt 3 phase 4 wire, which service shall include, without limitation, (i) installation of meter modules and (ii) installation of one single 200 amp meter socket with 200-amp 3 pole pull outs. Tenant shall be disconnected responsible to establish an electrical account directly with public utility and no longer in servicehave meter installed pursuant to Section 10.1 below. Nothing contained herein Tenant, at Tenant’s sole cost and expense, shall be deemed responsible for wiring and distribution within the Premises. Landlord shall commence such work within ten (10) business days after the Effective Date and shall use Landlord’s reasonable diligence to relieve Landlord of its obligations during the Term under Article 7 hereofsubstantially complete such work on or before January 14, 2011.

Condition. Tenant has inspected acknowledges and agrees that the Premises are and agrees (i) shall be leased by Landlord to accept possession of the Premises Tenant and from Landlord by Tenant in the “its present "as is” condition existing on the Commencement Date" condition, (except with respect subject to the 1270 Spaceexisting state of title and all applicable legal or governmental requirements, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither and Landlord nor Landlord’s agents have made any makes absolutely no representations or warranties whatsoever with respect to the Premises or the Buildings condition thereof. Tenant acknowledges that Landlord has not investigated and does not warrant or represent to Tenant that the Premises are fit for the purposes intended by Tenant or for any other purpose or purposes whatsoever, and Tenant acknowledges that the Premises are to be leased to Tenant in their existing condition, i.e., "as-is", and "where-is", without any representation or warranty as to habitability or fitness for any particular purpose, on and as of the Commencement Date defined in Section 2.2 below. Tenant, however, represents and acknowledges that all permits, licenses and approvals required by any governmental or quasi-governmental, body, department, commission, board, bureau, instrumentality or officer, or otherwise appropriate with respect to the construction, operation, leasing, maintenance or use of the Premises or any part thereof, have been issued and are valid and in full force and effect and that no provision, condition or limitation of any of the same has been breached or violated. Tenant acknowledges that Tenant shall, except as expressly set forth hereinotherwise provided herein in Section 11.2, be solely responsible for any and (iii) Landlord has no obligation to perform any workall actions, supply any materialsrepairs, incur any expense or make any alterations or improvements to permits, approvals and costs required for the Premises to prepare the Premises for Tenant’s occupancyrehabilitation, except that Landlord shallrenovation, at Tenant’s expenseuse, occupancy and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession operation of the Premises in their then current condition accordance with applicable governmental requirements, foreseen or unforeseen, including, without limitation, all governmental charges and fees, if any, which may be due or payable to applicable authorities. Tenant agrees that, by leasing the Premises, Tenant warrants and represents that Tenant has examined and approved all things concerning the Premises which Tenant deems material to Tenant's leasing and use of the Premises. Tenant further acknowledges and agrees that (a) neither Landlord nor any agent of Landlord has made any representation or warranty, express or implied, concerning the Premises or which have induced Tenant to execute this Lease and (Bb) the Premises any other representations and warranties are in a good and satisfactory condition as required expressly disclaimed by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofLandlord.

Condition. Tenant has inspected shall accept the Premises in its condition as of the Commencement Date, AS-IS AND WITH ALL ITS FAULTS, subject to all applicable laws, ordinances, regulations, covenants and agrees restrictions. Landlord has made no representation or warranty as to the suitability of the Premises for the conduct of Tenant's business, and Tenant waives any implied warranty that the Premises are suitable for Tenant's intended purposes. In no event shall Landlord have any obligation for any defects in the Premises or any limitation on its use. Tenant is advised to verify the actual size prior to executing this Lease. Tenant acknowledges that it has had the opportunity to inspect the suitability of the Premises for Tenant's intended use (iincluding but not limited to the electrical, the heating, ventilating and air conditioning systems (“HVAC”) and fire sprinkler systems, security, environmental aspects, and compliance with any building codes, applicable laws, covenants or restrictions of record, regulations, and ordinances ("Legal Requirements"), including the Americans with Disabilities Act), and to accept measure the Premises. NOTE: Tenant is responsible for determining whether or not the Legal Requirements, and, including, without limitation, the zoning, are appropriate for Tenant's intended use, and acknowledges that past uses of the Premises may no longer be allowed. Tenant represents and warrants that it has obtained (or will obtain prior to taking possession of the Premises) all required occupancy permits from the applicable municipality and other agencies having jurisdiction over the Premises. The taking of possession of the Premises shall be conclusive evidence that Tenant accepts the Premises and that the Premises were in good condition at the time possession was taken except for items that are Landlord's responsibility under Section 7.B. and any punchlist items agreed to in writing by Landlord and Tenant. No later than 10 days after written demand is made therefor by Landlord of Tenant, Tenant shall execute and deliver to Landlord a Tenant Contact Information Sheet in the form of Exhibit “C”, each as is” condition existing attached to and hereby made a part of this Lease. Landlord shall deliver the Premises contained within the Building to Tenant broom clean and free of debris on the Commencement Date or any Early Possession Date, whichever first occurs. Except as otherwise disclosed to Tenant in writing and so long as the required service contracts described in Section 7.A(2) below are obtained by Tenant and in effect within 30 days following the Commencement Date, Landlord warrants (except i) the HVAC serving the office portion of the Premises only, for a period of 6 months following the Commencement Date, and (ii) the existing electrical, plumbing, fire sprinkler, lighting, loading doors, sump pumps, if any, and all other such Building systems serving the Premises for a period of 6 months; provided, however, that such warranty shall not be effective for any maintenance, repairs or replacements necessitated due to the misuse of, or damage caused by, Tenant, its employees, contractors, agents, subtenants, or invitees. Landlord does not warranty any existing HVAC or cooling systems at the Premises, Building or Project other than what is intended to exclusively serve the applicable office portion of the Premises. If Tenant does not give Landlord the required notice within the appropriate warranty period, correction of any such non-compliance, malfunction or failure shall be the obligation of Tenant at Tenant's sole cost and expense. No person acting on behalf of Landlord is authorized to make, and Tenant acknowledges and agrees that Landlord has not made and specifically negates and disclaims, any representations, warranties, promises, covenants, agreements or guaranties of any kind or character whatsoever, whether express or implied, oral or written, past, present or future, of, as to, concerning or with respect to the 1270 SpacePremises, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereof.

Condition. Tenant has inspected the Premises and agrees --------- (ia) subject to completion of the Improvements (as defined in the Workletter Agreement) in accordance with the Workletter Agreement and the terms and provisions of this Lease, to accept possession of the Premises in the “its "as is” " condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (iib) that neither Landlord nor Landlord’s 's agents have made any representations or warranties with respect to the Premises or the Buildings Building except as expressly set forth hereinin this Lease (including the exhibits hereto), and (iiic) except for the construction of the Improvements, Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s 's occupancy, except that Landlord shall, at Tenant’s expense, . The terms and subject to conditions of the other terms construction of this Lease, cooperate with Tenant the Improvements are set forth in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary SpaceWorkletter Agreement attached hereto as Exhibit D (the "Workletter Agreement"). Tenant’s continued 's occupancy of the Music Hall Premises when required by this Lease shall be deemed to be acceptance of Landlord's tender of possession thereof and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that Landlord has tendered the Improvements Ready for Occupancy (Aas defined in the Workletter Agreement) Tenant has accepted and, at the time such possession of was taken, the Premises in their then current condition and (B) the Premises are Building were in a good and satisfactory condition as required by this Lease, subject to correction of any deficiencies and corrective work specified on any punch-list created pursuant to the Workletter Agreement. With Without affecting such acceptance of possession of the Premises by Tenant on the date the Improvements are Ready for Occupancy, Landlord shall correct, or cause to be corrected, at no cost or expense to Tenant, any latent defects in the nonstructural components of the Improvements not visually discoverable by Tenant upon a reasonably diligent inspection and which are identified in writing within twelve (12) months following the Commencement Date. In addition, in accordance with the terms and provisions of Section 7.1 below, Landlord shall be responsible for the correction of any latent or patent defects in the Landlord Repair Areas (as hereinafter defined) at any time during this Term of the Lease or any extension thereof. Following such twelve-(12-) month period, any component of the Improvements, whether nonstructural or a Landlord Repair Areas, requiring repair shall be repaired in accordance with Article 7 below; provided, however, that Landlord agrees to exercise commercially reasonable efforts to enforce any and all construction, design and materials warranties obtained by Landlord with respect to Retail Space #1, Tenant acknowledges that it will be required to replace both the HVAC system serving such space from base core and after shell of the Execution Date because Building and for the equipment currently serving such space and located in the 1270 Space Improvements ("Construction Warranties"). No provision of this Section 4.1 shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its diminish Landlord's obligations during the Term under Article 7 hereofSection 7.1 below.

Condition. Tenant Lessee has inspected the Premises and agrees (ia) to accept that it has inspected and accepts possession of the Premises in vacant condition, free of other lessees and occupants and in all other respects in the “as is” condition existing on the Phase I Commencement Date, Phase II Commencement Date, Phase III Commencement Date or Phase IV Commencement Date (except with respect to the 1270 Space, which shall be as applicable) in the its “as is,” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein“where is” condition, and (iiib) Landlord that except for Lessor’s Work (as set forth on Exhibit B and Exhibit C), Lessor has no obligation to perform any other work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for TenantLessee’s occupancy. Excepting only substantial completion of Lessor’s Work, except that Landlord shall, at TenantLessee’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued beneficial occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Premises shall be conclusive evidence, as against TenantLessee, that (A) Tenant Lessee has accepted possession of the Premises in their its then current condition and (B) at the time such possession was taken, the Premises are and the Building were in a good and satisfactory condition as required by this Lease. With respect Notwithstanding the foregoing, Lessor shall deliver the Premises on the Phase I Commencement Date, Phase II Commencement Date, Phase III Commencement Date or Phase IV Commencement Date (as applicable) with all of Lessor’s Work substantially complete and with existing electrical, plumbing, fire sprinkler, lighting, heating, ventilating and air conditioning systems (“HVAC”), and all other items which the Lessor is obligated to Retail Space #1construct pursuant to the Work Letter attached hereto, Tenant acknowledges if any (other than those constructed by Lessee), in good operating condition. Lessor represents that it will be required has received no notice from any applicable governmental authority that the Premises is in violation of any Applicable Requirements pertaining to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained Hazardous Substances (as herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofdefined).

Condition. Tenant has inspected the Premises 20th/21st Floor Space and agrees (i) to accept possession of the Premises 20th/21st Floor Space in the “as is” condition of such space existing on the Commencement Date20th/21st Floor Possession Date except as expressly set forth herein, (except with respect subject to the 1270 Space, which shall be in the “as is” condition existing on the date possession Substantial Completion of such space is delivered to Tenant in accordance with the terms Phase II of this Lease)Landlord’s 20th/21st Floor Work, (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein20th/21st Floor Space, and (iii) that except for the work set forth on Exhibit B-2 to this Amendment (“Landlord’s 20th/21st Floor Work”), and except as otherwise expressly set forth in Section 4 hereof respecting “Landlord’s 20th/21st Floor Contribution” (hereinafter defined) and “Landlord’s Restroom Contribution” (hereinafter defined), Landlord has shall have no obligation to perform any work, supply any materials, incur any expense or cost or make any installations, alterations or improvements to the Premises 20th/21st Floor Space to prepare the Premises 20th/21st Floor Space for Tenant’s occupancyoccupancy thereof, except that or make any payment or contribution for such purpose. Landlord shall, at Tenant’s expense, shall deliver possession of the 20th/21st Floor Space vacant and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Spacebroom clean. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part portion of the 1270 Space or the 50 Rock 20th/21st Floor Space shall be conclusive evidence, as against Tenant, that (A) Landlord has Substantially Completed Landlord’s 20th/21st Floor Work (B) Tenant has accepted accepted, in its then current condition, possession of the Premises in their then current condition entire 20th/21st Floor Space, and (BC) the Premises Building and the 20th/21st Floor Space are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofAmendment.

Condition. Tenant has inspected the Premises and agrees Lessee acknowledges that (i) delivery of the Premises by Lessor to accept possession Lessee shall be on an “as is” basis in its condition as of the date of Lessee’s execution of this Lease, subject only to Lessor’s performance of those obligations on Lessor’s part to be performed pursuant to Paragraph 54 of the Addendum, (ii) Lessor makes no representations or warranties, express or implied with respect to the environmental condition of the Premises or the surrounding properties or with respect to compliance with any building codes, applicable laws, covenants or restrictions of record, regulations or ordinances (collectively, “Applicable Requirements”), and (iii) Base Rent and other monetary and non-monetary provisions of this Lease are material consideration for delivery of the Premises in the foregoing “as is” condition existing condition. Lessor shall deliver the Premises to Lessee broom clean and free of debris on the Commencement Date or the Early Possession Date, whichever first occurs (except “Start Date”), and, so long as the required service contracts described in Paragraph 7.1(b) below are obtained by Lessee and in effect within thirty days following the Start Date, warrants that the existing electrical, plumbing, fire sprinkler, lighting, heating, ventilating and air conditioning systems (“HVAC”), loading doors, sump pumps, if any, and all other such elements in the Premises, other than those constructed by Lessee, shall be in good operating condition on cold date and that the structural elements of the roof, bearing walls and foundation of any buildings on the Premises (the “Building”) shall be free of material defects. If a non-compliance with said warranty exists as of the Start Date, or if one of such systems or elements should malfunction or fall within the appropriate warranty period, Lessor shall, as Lessor’s sale obligation with respect to such matter, except as otherwise provided in the 1270 Spacelease, which promptly after receipt of written notice from Lessee setting forth with specificity the nature and extent of such non-compliance, malfunction or failure, rectify same at Lessor’s expense. The warranty periods shall be in as follows: (i) 6 months as to the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease)HVAC systems, and (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect 30 days as to the Premises or the Buildings except as expressly set forth herein, remaining systems and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy elements of the Music Hall and Retail Space #1Building. If Lessee does not give Lessor the required notice within the appropriate warranty period, and Tenant’s taking possession correction of any part of the 1270 Space such non-compliance, malfunction or the 50 Rock Space failure shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession the obligation of the Premises in their then current condition Lessee at Lessee’s sale cost and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofexpense.

Condition. Tenant has inspected Lessor shall deliver the Premises to Lessee broom clean and agrees (i) to accept possession free of the Premises in the “as is” condition existing debris on the Commencement Date or the Early Possession Date, whichever first occurs (except “Start Date”), and, so long as the required service contracts described in Paragraph 7.1(b) below are obtained by Lessee within thirty (30) days following the Start Date, warrants that the existing electrical, plumbing, fire sprinkler, lighting, heating, ventilating and air conditioning systems (“HVAC”), loading doors, if any, and all other such elements in the Premises, other than those constructed by Lessee, shall be in good operating condition on said date and that the structural elements of the roof, bearing walls and foundation of any buildings on the Premises (the “Building”) shall be free of material defects. If a non-compliance with said warranty exists as of the Start Date, Lessor shall, as Lessor’s sole obligation with respect to the 1270 Spacesuch matter, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of otherwise provided in this Lease, cooperate promptly after receipt of written notice from Lessee setting forth with Tenant in connection specificity the nature and extent of such non-compliance, rectify same at Lessor’s expense. If Lessor fails to rectify any such defect within thirty (30) days after the date of written notice of such defect, Lessee shall have the right to terminate this Lease; notwithstanding the foregoing, provided Lessor shall have commenced such cure within said thirty (30) day period, and thereafter shall use commercially reasonable efforts to diligently effect a cure, Lessor shall be afforded such additional time as may be reasonably necessary to effect such a cure. If, after the Start Date, Lessee does not give Lessor written notice of any non-compliance with Tenant’s bringing any required utilities this warranty within thirty (30) days as to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy remaining systems and other elements of the Music Hall and Retail Space #1Building (other than the surface of the roof, and Tenant’s taking possession of any part the structural portions of the 1270 Space or roof, foundations and bearing walls of the 50 Rock Space Building, and the HVAC systems serving the Building), correction of such non-compliance shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession the obligation of the Premises in their then current condition Lessee at Lessee’s sole cost and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofexpense.

Condition. Tenant has inspected occupies the 18th Floor Premises, the 23rd Floor Premises and the 24th Floor Premises on the date hereof, is fully familiar with the Premises and agrees (ia) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (iib) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings Building except as expressly set forth herein, and (iiic) except for Landlord’s Contribution as expressly set forth in Section 4.2 hereof and the related provisions of Articles 38 and 42, Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject . Any work to the other terms of this Lease, cooperate with be performed by Tenant in connection with Tenant’s bringing continued occupancy of the Premises (and/or Tenant’s occupancy of the 17th Floor Premises, the 22nd Floor Premises and/or any required utilities Expansion Space) for the conduct of its business shall be referred to hereinafter as the Ancillary Space that are not currently available to such Ancillary Space“Initial Installations”. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or Premises for the 50 Rock Space conduct of its business shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their its then current condition and (B) at the time such possession was taken, the Premises are and the Building were in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereof.

Condition. Tenant has inspected the Premises and agrees (i) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect subject, however, to the 1270 Space, which shall be Landlord’s obligation to perform Landlord’s Work as provided in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings Building except as expressly set forth herein, and (iii) except for the work set forth on Exhibit D to this Lease (“Landlord’s Work”), Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Premises shall be conclusive evidence, as against Tenant, that (A) Landlord has Substantially Completed Landlord’s Work, (B) Tenant has accepted possession of the Premises in their then current condition condition, and (BC) the Premises and the Building are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1Not later than five (5) Business Days after the date that Landlord has Substantially Completed Landlord’s Work, Tenant acknowledges that it will shall deliver to Landlord written notice of all items, which Tenant claims to be required to replace the HVAC system serving such space from Punch-List Items (hereinafter defined). Landlord shall complete and perform all Punch-List Items within a reasonable period after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed date Landlord has Substantially Completed Landlord’s Work (subject, however, to relieve Landlord of its obligations during the Term under Article 7 hereofUnavoidable Delay, including Tenant Delay).

Condition. Tenant has inspected the Premises and agrees (ia) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the Date “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein”, and (iiib) except for Landlord’s Work described in Exhibit D attached hereto, Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject . Any work to the other terms of this Lease, cooperate with be performed by Tenant in connection with Tenant’s bringing any required utilities initial occupancy of the Premises shall be hereinafter referred to as the Ancillary Space that are not currently available to such Ancillary Space“Initial Installations”. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Premises shall be conclusive evidence, as against Tenant, that (A) Landlord has Substantially Completed any work to be performed by Landlord under this Lease, Tenant has accepted possession of the Premises in their its then current condition and (B) at the time such possession was taken, the Premises are and the Building were in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Any defect in Landlord’s Work (i) that Tenant acknowledges that it will be required to replace could not reasonably discover after performing a reasonably diligent inspection of the HVAC system serving such space from and Premises after the Execution Date because Commencement Date, (ii) of which Tenant has notified Landlord within 12 months after the equipment currently serving such space Commencement Date, and located in the 1270 Space (iii) that had not been caused by a Tenant Party, shall be disconnected and no longer in servicereferred to herein as a “Latent Defect”. Nothing contained herein Landlord shall be deemed to relieve remedy any Latent Defects provided Tenant notifies Landlord thereof within one year of its obligations during the Term under Article 7 hereofCommencement Date.

Condition. Tenant has inspected acknowledges that it is currently occupying part of the Premises under the Old Lease (said part of the Premises is hereinafter referred to as the "Existing Premises"). To the extent that the Premises includes the Existing Premises, the Landlord shall deliver same to Tenant in its "as-is" condition as of the Commencement Date. The Overlandlord shall deliver the portions of the premises not included within the Existing Premises (said portions are hereinafter referred to as the "New Stuff") in the condition that exists as of the date hereof, ordinary wear and tear excepted, provided however that should Tenant take possession of any portion of the New Stuff under an agreement with Union Carbide Corporation, prior to the Commencement Date, the Tenant shall accept possession of such portions of the New Stuff in an "as-is" condition as of such prior date and Tenant shall have surrendered the same to Union Carbide Corporation in compliance with the Old Lease, and, further, Union Carbide Corporation shall have surrendered the same to Overlandlord in compliance with the Prime Lease. The Tenant's taking possession of the Premises shall be deemed to be Tenant's acceptance of the Premises in the order and condition as then exists. Overlandlord agrees (i) to deliver and Tenant agrees to accept possession of the Premises in the “an "as is” condition existing on " condition. Overlandlord is under no obligation to make any structural or other alterations, decorations, additions, improvements or other changes (hereinafter referred to as the Commencement Date, (except with respect "Alterations") in or to the 1270 SpacePremises, which the Building or the Project, provided however the Premises shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory tenantable condition as required by this under the Old Lease. With respect TENANT ACKNOWLEDGES AND REPRESENTS THAT IT HAS INSPECTED THE PREMISES, THAT, EXCEPT AS SPECIFICALLY SET FORTH IN THIS LEASE, NEITHER OVERLANDLORD NOR ANY PARTY ACTING ON BEHALF OF OVERLANDLORD HAS MADE ANY WARRANTY OR REPRESENTATION CONCERNING THE PREMISES AND TENANT IS LEASING THE PREMISES IN AN "AS-IS" CONDITION. Consistent with the foregoing, the parties acknowledge that, subsequent to Retail Space #1the date hereof Tenant and Union Carbide Corporation may enter into an agreement to provide for Tenant's proposed relocation within the Complex to space that will constitute New Stuff (namely, Tenant acknowledges Sections K 3, L 3, M 3 and M 4) in its then "as is" condition, such relocation to be accomplished prior to the termination of the Old Lease. The parties acknowledge further that it the form of such agreement is currently intended to be an Omnibus Amendment that will be required constitute a Seventh (7th) Amendment to replace the HVAC system serving Old Lease as well as an amendment to other relevant legal documents. Overlandlord shall not unreasonably withhold, condition or delay its consent to such space from and after the Execution Date because the equipment currently serving intended Omnibus Amendment upon being furnished with a fully executed copy thereof, provided, however, that neither such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein document nor such consent shall be deemed to relieve Landlord either increase or decrease the rights and obligations of its obligations during the Term parties under Article 7 hereofthe Old Lease.

Condition. (a) Landlord shall complete, as and when required under this Lease and the Design and Construction Agreement, the Base Building Work (which includes, without limitation, the Punch List Items, Latent Defects, the Required Improvements, and any other item expressly designated in this Lease and the Design and Construction Agreement as a Landlord construction obligation). While Landlord is doing any work at the Premises, Landlord shall do so in compliance with all Requirements, the terms of this Lease and the Design and Construction Agreement, and, if Tenant has inspected is in occupancy of any portion of the Premises and agrees (i) Building, in accordance with the construction rules attached as Exhibit K. Any work to accept possession be --------- performed by or on behalf of Tenant in connection with Tenant's initial occupancy of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in referred to herein as the “as is” condition existing on the date possession of such space is delivered to Tenant "Initial Installations" and shall be completed in accordance with the terms of this Lease)the Design and Construction Agreement. Tenant shall be responsible for completing the Initial Installations. Except for the completion of the Base Building Work and provision of Landlord's Contribution and Supplemental Allowance, (ii) that neither Landlord nor Landlord’s agents shall have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense (except as expressly set forth in this Lease or the Design and Construction Agreement) or make any alterations or improvements Alterations to the Premises to prepare the Premises it for Tenant’s 's initial occupancy. Except with respect to completion of any then unfinished item of Base Building Work (including, except that Landlord shallwithout limitation, at Tenant’s expensethe Punch List Items, the repair of Latent Defects, and subject to the other terms warranty items pursuant to Section 4.1(c) of this Lease), cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued 's occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Premises shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of that portion of the Premises in their then its then-current condition and (B) the Premises are that such portion is in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofcondition.

Condition. Tenant has inspected shall accept the Premises and agrees (i) to accept possession of the Expansion Premises in the its “as is” condition existing as of the date the Expansion Premises are delivered to Tenant. Except as provided in Section 11.02 and Exhibit C-1 of the Lease, Landlord shall have no obligation whatsoever to make any Alterations (as defined in Section 11.03) or improvements in or to any part of the Expansion Premises, the Original Premises, or the Building. Provided Tenant is not then in Default, Landlord agrees to contribute an Expansion Allowance (as defined below) toward the cost of designing the Expansion Premises and performing Initial Alterations thereto in preparation for Tenant’s occupancy of the Expansion Premises (the “Initial Expansion Alterations”). The “Expansion Allowance” shall equal an amount up to the product of (a) One Million Seven Hundred Sixty-One Thousand Nine Hundred Seventy-Five Dollars ($1,761,975.00) (based on Seventy-Five Dollars ($75.00) per square foot of rentable area in the Commencement DateExpansion Premises), multiplied by (b) the Expansion Premises Concession Fraction. The Expansion Allowance may only be used for the cost of preparing design and construction documents and mechanical and electrical plans, and construction management and specialty consultant fees for the Initial Expansion Alterations and for hard costs in connection with such Initial Expansion Alterations. Notwithstanding the foregoing, Tenant shall have the right to apply up to forty percent (40%) of the Expansion Allowance in the aggregate toward the following costs: (i) architectural and engineering services, (except ii) signage, (iii) project management fees, (iv) cabling and wiring, (v) security, (vi) costs of telecommunications equipment and installation, (vii) costs of furniture, fixtures and equipment, (viii) moving costs, and (ix) up to fifty percent (50%) of each of the next installment(s) of Base Rent due under the Lease with respect to the 1270 Space, which shall be in Expansion Premises (after the expiration of the First Abatement Period and Second Abatement Period set forth above) (the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this LeaseExpansion Rent Credit”), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect . In addition to the Expansion Allowance, Landlord shall provide a “test fit” allowance to reimburse Tenant’s architect for an initial test fit plan for the Expansion Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements in an amount up to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms product of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession Two Thousand Eight Hundred Nineteen and 16/100 Dollars ($2,819.16) (based on Twelve Cents ($0.12) per square foot of rentable area in the Premises in their then current condition and Expansion Premises), multiplied by (B) the Expansion Premises are in Concession Fraction. If Tenant does not submit a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace request for payment of the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereof.entire

Condition. Tenant has inspected EXCEPT AS EXPRESSLY SET FORTH HEREIN, THE PREMISES IS BEING DELIVERED TO LESSEE IN "AS IS, WHERE IS" CONDITION AND LESSOR IS NOT MAKING ANY REPRESENTATIONS OR WARRANTIES AS TO THE HABITABILITY OF THE PREMISES OR THE SUITABILITY OF THE PREMISES GENERALLY OR FOR ANY PARTICULAR PURPOSE. Lessor shall deliver that portion of the Premises contained within the Building ("Unit") to Lessee broom clean and agrees free of debris on the Commencement Date or the Early Possession Date, whichever first occurs ("Start Date"), and, provided the required service contracts described in Paragraph 7.1(a) below are obtained by Lessee, in effect and delivered to Lessor within thirty (30) days following the Start Date, warrants that the existing electrical, plumbing, fire sprinkler, lighting, heating, ventilating and air conditioning systems ("HVAC"), loading doors, if any, except for elements thereof constructed or altered by Lessee ("Base Unit Systems"), shall be in good operating condition on said Start Date and that the structural elements of the Unit’s roof be in watertight condition and that the structural elements of the bearing walls and foundation of the Unit shall be free of material defects except to the extent caused by the actions or alterations of Lessee or any agent, contractor, or invitee of Lessee (each, a “Lessee Party” and collectively, the “Lessee Parties”) ("Base Unit Structure"). If a non-compliance with such warranty exists as of the Start Date, or if one of such systems or elements should malfunction or fail within the appropriate warranty period, Lessor shall, as Lessor's sole cost and obligation with respect to such matter, except as otherwise provided in this Lease, promptly after receipt of written notice from Lessee setting forth with specificity the nature and extent of such non-compliance, malfunction or failure, rectify same at Lessor's sole expense. The warranty periods shall be as follows: (i) to accept possession of the Premises in the “180 days as is” condition existing on the Commencement Date, (except with respect to the 1270 SpaceHVAC systems, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), and (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect 180 days as to the Premises remaining systems and other elements of the Unit. If Lessee does not give Lessor the required notice within the appropriate warranty period, correction of any such non-compliance, malfunction or failure shall be the Buildings obligation of Lessee at Lessee's sole cost and expense (except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements for the repairs to the Premises to prepare the Premises for Tenant’s occupancyfire sprinkler systems, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy structural elements of the Music Hall and Retail Space #1roof, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidencefoundations, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofand/or bearing walls - see Paragraph 7).

Condition. Tenant has inspected the Premises and agrees (i) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “Date "as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease)", (ii) that neither Landlord nor Landlord’s 's agents have made any representations or warranties with respect to the Premises or the Buildings Building except as expressly set forth herein, and (iii) except for Landlord's Contribution as expressly set forth in Section 4.2 hereto and except as expressly set forth in Exhibit C hereof as Landlord's Work, Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s 's occupancy, except that Landlord shall, at Tenant’s expense, and subject . Any work to the other terms of this Lease, cooperate with Tenant be performed in connection with Tenant’s bringing any required utilities 's initial occupancy shall be referred to hereinafter as the Ancillary Space that are not currently available to such Ancillary Space"Initial Installations". Tenant’s continued 's occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Premises shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted accepts possession of the Premises in their its then current condition and (B) at the time such possession was taken, the Premises are and the Building were in a good and satisfactory condition as required by this Lease. With The Premises shall be free and clear of all tenancies and occupancies other than this Lease and that of the New York State Urban Development Corporation whose lease in respect to Retail Space #1, Tenant acknowledges that it will be required to replace of the HVAC system serving such space from and 21st floor of the Building shall expire after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 date hereof.

Condition. Tenant has inspected the Premises prior to Lease execution and agrees (ia) to accept possession of the Premises in the condition existing as of the Date of this Lease, in “as is” condition existing on the Commencement Datecondition, (except with respect subject only to the 1270 Space, which shall be in normal use and wear by the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), tenants and occupants (iib) that neither Landlord nor any of Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth hereinBuilding, and (iiic) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations alterations, additions or improvements to the Premises to prepare the Premises for Tenant’s use and occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Premises shall be conclusive evidence, as against Tenant, evidence that (A) Tenant has accepted possession of the Premises in their then its then-current condition condition, and (B) that at the time such possession was taken, the Premises are and the Building were in a good and satisfactory condition as required by this Lease. With respect Notwithstanding the foregoing, subject to Retail Space #1all applicable laws, ordinances and regulations (including but not limited to all approvals and permitting as required by the Town of Burlington), Landlord shall construct a sidewalk located in the public right of way, from the curb cut of the Building to the curb cut of the building located at 00 Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxxxxxxx, such sidewalk to be constructed pursuant to a plan mutually agreed upon by Landlord and Tenant acknowledges (such work the “Sidewalk Work”). To the extent permitted and practical, Landlord shall endeavor to locate the sidewalk such that it will be required provide direct access to replace the HVAC system serving such space from and after parking lot at a point opposite the Execution Date because front entryway of the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofPremises.

Condition. Tenant has inspected Sublandlord will, at Sublandlord’s sole expense, have the Premises professionally cleaned prior to the Commencement Date. Further, Sublandlord will promptly complete the following work (“Sublandlord Work”): (a) install commercially reasonable separation between the stairwell connecting the Subleased Premises with the remainder of the Master Premises, and agrees (i) to accept install separation along the guardrails. Except as set forth in this Section 14.2, Sublandlord shall deliver, and Subtenant shall accept, possession of the Subleased Premises in the their “as isAS IS” condition existing on as the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing Subleased Premises exists on the date possession of hereof. Except as set forth in this Section 14.2 and Section 28, Sublandlord shall have no obligation to furnish, render or supply any work, labor, services, materials, furniture, fixtures, equipment, decorations or other items to make the Subleased Premises ready or suitable for Subtenant’s occupancy. In making and executing this Sublease, Subtenant has relied solely on such space is delivered investigations, examinations and inspections as Subtenant has chosen to Tenant in accordance with make or has made and has not relied on any representation or warranty concerning the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Subleased Premises or the Buildings Building, except as expressly set forth hereinin this Sublease. Subtenant acknowledges that Sublandlord has afforded Subtenant the opportunity for full and complete investigations, examinations and (iii) Landlord has no obligation inspections of the Subleased Premises and the common areas of the Building. Subtenant acknowledges that it is not authorized to perform any work, supply any materials, incur any expense make or make do any alterations or improvements in or to the Subleased Premises to prepare except as permitted by the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms provisions of this Sublease and the Master Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereof.

Condition. Landlord guarantees Landlord’s Work against defective workmanship and/or materials, and against noncompliance with the Final Plans and all governmental requirements in existence as of the date of Substantial Completion of Landlord’s Work, for a period of one (1) year from the date of Substantial Completion, and Landlord agrees, at its sole cost and expense, to promptly (and in any event within thirty (30) days) repair or replace or to cause the Landlord’s contractor to repair or replace any defective item occasioned by poor workmanship and/or materials or any such non-compliance during said one (1) year period. From and after the expiration of such one (1) year guaranty of workmanship and materials, Landlord agrees to cooperate with Tenant has inspected in the enforcement by Tenant at Tenant’s cost and expense, of any express warranties or guaranties of workmanship or materials given by contractors, subcontractors or materialmen that guarantee or warrant against defective workmanship or materials for a period of time in excess of one (1) year period described above and to cooperate with Tenant in the enforcement by Tenant of any service contracts that provide service, repair or maintenance to any item incorporated in the Premises for a period of time in excess of such one (1) year period. Landlord’s warranty does not cover ordinary wear and agrees tear, abuse, neglect or general maintenance connected with the Premises. Notwithstanding anything to the contrary set forth herein, Landlord’s warranty, as set forth herein, shall be expressly limited in the following respects: (i) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which all materials shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease)requirements set forth at Exhibit “B” and, unless otherwise specified, shall be as good quality as the market affords in the respective grade specified; and (ii) that neither all materials and mechanical equipment are furnished under manufacturer’s guarantees and liabilities only. In the event of a defect actionable pursuant to this Section 8.06, Tenant’s sole and exclusive remedy against Landlord nor shall be for the repair and replacement of defects of material and workmanship as provided herein, and Landlord shall not be responsible for any defects of any nature in the Premises Improvement Work about which Landlord is not so notified within said one (1) year period. There are no other express, implied, written or oral warranties, of any kind or nature, made by Landlord pursuant to the Work Letter Agreement, or in connection with Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as Work, other than those expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of in this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofSection 8.06.

Condition. Tenant The Lessee hereby acknowledges that it has inspected not relied upon any representation or statement of the Port Authority or its Commissioners, officers, employees or agents as to the condition of the Premises or the suitability thereof for the operations permitted on the Premises or the Rights of Access by this Agreement. The Lessee, prior to the execution of this Agreement, has thoroughly examined the Existing Premises, the Additional Premises and Rights of Access and determined the Existing Premises, the Additional Premises and Rights of Access to be suitable for the Lessee’s operations hereunder. The Lessee hereby agrees to take the Premises and Rights of Access in the condition they are in as of the date that the Lessee was or is given beneficial occupancy of such Premises or the Rights of Access by the Port Authority. In the case of the Additional Premises, such date shall be the Additional Premises Effective Date. The Lessee agrees (i) to accept possession assume all responsibility for any and all risks, costs and expenses of any kind whatsoever caused by, arising out of or in connection with, the condition of the Premises as the same exist as of such date, provided that, without limiting the applicability of any other applicable provision of this Agreement, Lessee’s foregoing obligations are subject to Section 73(b) and Section 76(d) and Lessee’s Remediation obligations for the Additional Premises shall be subject to Section 76(f)(3). Without limiting any obligation of the Lessee to commence operations hereunder at the time and in the “as is” manner stated elsewhere in this Agreement, the Lessee agrees that no portion of the Premises will be used initially or at any time during the letting which is in a condition existing on unsafe or improper for the Commencement Date, (except with respect conduct of the Lessee’s operations hereunder so that there is possibility of injury or damage to life or property. It is hereby understood and agreed that whenever reference is made in this Agreement to the 1270 Spacecondition of the Premises as of the commencement of the term thereof, which the same shall be in deemed to mean the “condition of the Premises as is” condition existing on of the date possession that the Lessee was or is given beneficial occupancy of such space is delivered to Tenant in accordance with Premises by the Port Authority by the terms of this LeaseAgreement or any prior agreement or authorization by the Port Authority, whichever is earlier (which, in the case of Additional Premises, shall be the Additional Premises Effective Date), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect and as to the Premises or improvements made and the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations alteration work performed during the Term under Article 7 hereofin the condition existing after the completion of the same.

Condition. Tenant has inspected the Premises and agrees (i) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with TenantXxxxxx’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. TenantXxxxxx’s continued occupancy of the Music Hall and Retail Space #1, and TenantXxxxxx’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereof.

Condition. Tenant has inspected acknowledges and agrees that the Premises and agrees (i) shall be leased by Landlord to accept possession of the Premises Tenant in the an “as is” condition existing on the Commencement Datecondition, (except with respect to the 1270 Space, which shall be as set forth in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any Work, if any, as set forth in Exhibit E attached hereto, and that Landlord makes absolutely no representations or warranties whatsoever with respect to the Premises or the Buildings except as expressly set forth hereincondition thereof. Tenant represents and warrants that, by leasing the Premises, Tenant has examined and (iii) Landlord has no obligation approved all things concerning the Premises, which Tenant deems material to perform any work, supply any materials, incur any expense or make any alterations or improvements to Tenant's leasing and use of the Premises. Tenant taking possession of the Premises to prepare install fixtures or equipment, perform Tenant’s Work (as such term is defined in Exhibit F hereof), or for any other purpose whatsoever shall be conclusive evidence against Tenant that the Premises for and Landlord’s Work (if applicable) are in satisfactory condition and acceptable to Tenant. Any work (other than Landlord’s Work) which is done by Landlord at the Premises at Tenant’s occupancy, except that Landlord shall, request shall be at Tenant’s expense, and subject shall be paid for by Tenant in such manner as Landlord may reasonably require (including prepayment). Landlord shall have the right at any time to install or place upon, or affix to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall roof and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession exterior walls of the Premises equipment, signs, displays, antennas, and any other objects or structures of any kind provided the same shall not materially affect the structural integrity of the Shopping Center. Landlord hereby reserves the right to subject the Property to any Declaration which is not inconsistent with the rights and privileges granted to Tenant hereunder; Tenant hereby acknowledges such reservation and agrees that this Lease and all of Tenant’s rights hereunder shall at all times be subject and subordinate to the provisions of any Declaration; and Tenant hereby agrees to execute, acknowledge and deliver any such document and to take any such actions as Landlord may reasonably request in their then current condition order for any such Declaration to take and remain in effect, to be amended or modified, or for Landlord to take any other action with regard thereto, and for any such Declaration, amendment, modification or other document to be recorded in the public records of County, Florida; provided, however, the need for Tenant’s consent or approval to any such Declaration, amendment, modification or any other action with regard thereto shall not be deemed necessary as a result of this Paragraph. If Tenant shall fail to deliver any such document within fifteen (B15) days after Landlord’s written request therefor, Landlord shall be entitled as Tenant’s special attorney-in-fact to execute and deliver any such document on behalf and in the name of Tenant. The aforesaid power of attorney is given as security, is coupled with an interest and is irrevocable. With regard to any initial construction to be performed by Tenant on the Premises are prior to Tenant opening for business at the Premises (“Tenant’s Work”), if any, Tenant, at its expense, shall perform all of Tenant’s Work, as set forth in Exhibit F attached hereto. All contractors and subcontractors performing any work in, on or about the Premises or providing any materials, supplies or equipment therefore on behalf of Tenant, as a good and satisfactory condition as required by this Lease. With respect to Retail Space #1part of Tenant’s Work or otherwise, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer approved by Landlord in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofwriting.

Condition. In the event that within ninety (90) days following Landlord’s delivery of possession of the Premises, it is determined that any of the mechanical or utility systems serving the Premises existing upon such delivery of possession were not in good working condition as of such delivery of possession (without regard to Tenant’s subsequent misuse thereof or Tenant’s subsequent alterations, additions or improvements to the Premises), then Landlord shall promptly take such action as is required to cause such mechanical and utility systems to be in good working condition. In the event that within one (1) year following Landlord’s delivery of possession of the Premises, it is determined that roof of the Building was in need of maintenance and repair as of the date of delivery of possession, then Landlord shall promptly take such action as is required to cause the roof to be in good working condition. Landlord shall provide Tenant has inspected with copies of any and all closure plans and reports issued by the Fire Department of the City of Palo Alto or any other governmental or quasi-governmental authority relating to the use by prior tenant of the Premises upon receipt of the same from the prior tenant of the Premises and agrees the June 10, 2005 closure letter issued to Clonetech. Subject to the foregoing provisions regarding the condition of the Premises as of the delivery of possession, Tenant hereby acknowledges: (i) that it is familiar with and has had the opportunity to accept possession investigate the condition of the Premises in the “as is” condition existing on the Commencement Date, (except with respect including but not limited to the 1270 Spacemechanical, which shall be electrical and fire sprinkler systems, security, environmental aspects, compliance with “Applicable Law”, as defined in paragraph 5.2), the “as is” condition existing on present and future suitability of the date possession of such space is delivered to Tenant in accordance with the terms of this Lease)Premises for Tenant’s intended use, (ii) that Tenant has made such investigation as it deems necessary with reference to such matters and assumes all responsibility therefor, and without in any manner derogating from Tenant’s obligations set forth herein including, without limitation, those relating to maintenance and repair, Tenant accepts the Premises, including all fixtures, furnishings and equipment, in its present condition, state of repair and operating order and in its present “AS IS” condition (other than as provided above), and (iii) that neither Landlord Landlord, nor any of Landlord’s agents have agents, has made any oral or written representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofsaid matters.

Condition. Tenant has inspected (a) Landlord represents that, to its actual knowledge as of the Premises date of this Lease (without inquiry), and agrees (i) to accept possession except as disclosed in that certain Phase I Environmental Site Assessment Report dated April 6, 2011, prepared by CSC Targhee, Inc., there is no contamination of or from any Hazardous Material at the Project or the Premises in violation of Hazardous Materials Laws. Tenant warrants, represents, acknowledges and agrees that Tenant has performed all investigations appropriate under the “as is” condition existing on circumstances to determine whether any violations of Hazardous Materials Laws currently exist. Prior to the Commencement Possession Date, (except Tenant shall conduct such tests as Tenant shall deem necessary in its sole discretion to determine whether there have been any violations of Hazardous Materials Laws at the Premises or Project. Except for a breach of Landlord’s representation in this Section 36.4.1, Tenant shall have no right or remedy against Landlord with respect to the 1270 Spaceany such violation and Tenant hereby releases, waives and forever discharges Landlord and its respective officers, directors, shareholders, members and affiliates from any and all claims, demands and causes of action, whether known or unknown to Tenant, which shall be in Tenant may now have arising out of, connected with or incidental to the “as is” condition existing existence of any Hazardous Material on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to about the Premises or the Buildings except Project as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to of the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms date of this Lease. Tenant is aware of the provisions of Section 1542 of the California Civil Code which provides as follows: “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.” and, cooperate after consultation with counsel concerning the meaning and effect of such waiver, Tenant in connection with Tenant’s bringing any required utilities specifically waives the benefit of the provisions of Section 1542 of the California Civil Code. Notwithstanding anything to the Ancillary Space contrary in this Section 36.4 or elsewhere in this Lease, Tenant shall have no liability to Landlord for Hazardous Materials that are not currently available to such Ancillary Space. Tenant’s continued occupancy of became located on or about the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space Premises or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of Project prior to the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofPossession Date.

Condition. Tenant has inspected the Premises As a material inducement to Seller to execute this Agreement, Buyer acknowledges, represents and agrees warrants that, if this Agreement does not terminate pursuant to Section 6.2 herein, then except as otherwise expressly provided in this Agreement, (i) Buyer will be deemed to accept possession have fully examined and inspected the Property, including the construction, operation and leasing of the Premises in Property, together with the “as is” condition existing on the Commencement Date, (except Review Materials and such other documents and materials with respect to the 1270 Space, Property which shall be Buyer deems necessary or appropriate in connection with its investigation and examination of the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease)Property, (ii) that neither Landlord nor Landlord’s agents Buyer will have made any representations accepted and will be fully satisfied in all respects with the foregoing and with the physical condition, value, presence/absence of hazardous or warranties toxic materials, financing status, use, leasing, operation, tax status, income and expenses of the Property, (iii) the Property will be purchased by Buyer “AS IS” and “WHERE IS” and with respect all faults and, upon Closing, Seller shall have no further responsibility for the physical and environmental condition of the Property including, without limitation, the condition of the Parking Deck and (iv) Buyer will have decided to purchase the Premises or Property solely on the Buildings except basis of its own independent investigation. Except as expressly set forth hereinin this Agreement or in any document executed by Seller and delivered to Buyer pursuant to Section 9.2 or Section 20 (“Seller’s Documents”), Seller has not made, does not make, and (iii) Landlord has no obligation not authorized anyone else to perform make any workrepresentation as to the present or future physical condition, supply any value, presence/absence of hazardous or toxic materials, incur financing status, leasing, operation, use, tax status, income and expenses or any expense other matter or make any alterations or improvements thing pertaining to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expenseProperty, and subject Buyer acknowledges that no such representation or warranty has been made and that in entering into this Agreement it does not rely on any representation or warranty other than those expressly set forth in this Agreement or in Seller’s Documents. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT OR IN SELLER’S DOCUMENTS, SELLER MAKES NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED OR ARISING BY OPERATION OF LAW, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF CONDITION, HABITABILITY, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE OF THE PROPERTY. Seller shall not be liable for or bound by any verbal or written statements, representations, real estate broker’s “setups” or information pertaining to the Property furnished by any real estate broker, agent, employee, servant or any other terms person unless the same are specifically set forth in this Agreement or in Seller’s Documents. The provisions of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to Section 6.4 shall survive the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofClosing.

Condition. Subject to Paragraphs 7 and 8 below regarding Landlord's obligation to fund the “Allowance” and the “Space Plan Allowance”, as therein described, and subject to Landlord's obligation to perform, or cause to be performed, within a reasonable time frame, the remediation or other compliance work (including, without limitation, any ADA compliance within the restrooms on the 20th floor and installation of any legally required strobes or speakers in the common elevator lobbies, washrooms and stairwells on the 20th floor), required on account of the Additional Premises not complying, in all material respects, as of the Turnover Date (as defined in Paragraph 3(b) below), with any applicable Laws (as defined in the Original Lease) in effect as of the Turnover Date, Tenant has inspected the Premises and agrees (i) to accept possession of the Additional Premises in the their “as is” condition existing on effective as of the Commencement “Turnover Date” specified in Paragraph 3(b) below. Landlord agrees to (i) coordinate any such remediation or other compliance work, (except with respect to the 1270 Space, which shall be as described in the “as is” condition existing on the date possession of preceding sentence, with Tenant so that such space is delivered to Tenant in accordance remediation or other compliance work does not materially interfere with the terms performance of this LeaseTenant's Work (as hereinafter defined), and (ii) that neither Landlord nor Landlord’s agents have made any representations complete all such remediation or warranties with respect other compliance work, if any, prior to the Additional Premises Commencement Date (or thereafter, within a reasonable time frame, if Landlord was not otherwise given reasonably sufficient prior notification of such necessary work so as to be able to reasonably complete such work on or before the Buildings Additional Premises Commencement Date hereunder). No agreement of Landlord to alter, remodel, decorate, clean or improve the Additional Premises (or to provide Tenant with any credit or allowance for the same), and no representations regarding the condition of the Additional Premises, have been made by or on behalf of Landlord or relied upon by Tenant, except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense in this Amendment or make any alterations or improvements to in the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in servicemodified hereby. Nothing contained herein in this Paragraph 3 shall be deemed to relieve Landlord waive or otherwise negate any of its obligations during Landlord's maintenance, repair or other covenants expressly set forth in the Term under Article 7 hereofLease.

Condition. Tenant has inspected As a material inducement to the Premises XxXxxxx Contributor and the Partnerships to execute this Agreement, Acquiror acknowledges and agrees (i) to accept possession that, except for the various express warranties, representations and conditions of the Premises XxXxxxx Contributor and the Partnerships set forth in this Agreement and for the various express warranties, representations and conditions of the XxXxxxx Contributor and the Partnerships in the “as is” condition existing Master Investment Agreement, or in any other documents, instruments or agreements now or hereafter to be executed or delivered by the XxXxxxx Contributor or any or all of the Partnerships and delivered to Acquiror pursuant to the provisions of this Agreement or the Master Investment Agreement (collectively, the "XxXxxxx Contributor Documents"), the Partnership Interests, the Properties and the Acquisition Portfolio will be purchased by Acquiror and the Minority Partnership Interests will be purchased by the Company "AS IS" and "WHERE IS" and with all faults, on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing on the date possession basis of such space is delivered to Tenant in accordance with the terms of this Lease), (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Premises or the Buildings except Acquiror's own independent investigation. Except as expressly set forth hereinin this Agreement or the XxXxxxx Contributor Documents, the XxXxxxx Contributor and the Partnerships have not made, do not make, and (iii) Landlord has no obligation have not authorized anyone else to perform any work, supply any materials, incur any expense or make any alterations or improvements representation as to the Premises present or future physical condition, value, presence or absence of Hazardous Materials, financing status, leasing, operation, use, tax status, income and expenses or any other matter or thing pertaining to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expenseProperties, and subject Acquiror acknowledges that no such representation or warranty has been made and that in entering into this Agreement it does not rely on any representation or warranty other than those expressly set forth in this Agreement or in the XxXxxxx Contributor Documents. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT OR IN THE XXXXXXX CONTRIBUTOR DOCUMENTS, THE XXXXXXX CONTRIBUTOR AND THE PARTNERSHIPS MAKE NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED OR ARISING BY OPERATION OF LAW, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF CONDITION, HABITABILITY, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE OF THE PROPERTIES OR THE ACQUISITION PROPERTIES. The XxXxxxx Contributor and the Partnerships shall not be liable for or bound by any verbal or written statements, representations, real estate broker's "setups" or information pertaining to the Properties or the Acquisition Properties furnished by any real estate broker, agent, employee, servant or any other terms person unless the same are specifically set forth in this Agreement or in the XxXxxxx Contributor Documents. The provisions of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to Paragraph 4(b) shall survive the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofClosing.

Condition. In the event that within ninety (90) days following Landlord's delivery of possession of the Premises, it is determined that any of the mechanical or utility systems serving the Premises existing upon such delivery of possession were not in good working condition as of such delivery of possession (without regard to Tenant's subsequent misuse thereof or Tenant's subsequent alterations, additions or improvements to the Premises), then Landlord shall promptly take such action as is required to cause such mechanical and utility systems to be in good working condition. In the event that within one (1) year following Landlord's delivery of possession of the Premises, it is determined that roof of the Building was in need of maintenance and repair as of the date of delivery of possession, then Landlord shall promptly take such action as is required to cause the roof to be in good working condition. Landlord shall provide Tenant has inspected with copies of any and all closure plans and reports issued by the Fire Department of the City of Palo Alto or any other governmental or quasi-governmental authority relating to the use by prior tenant of the Premises upon receipt of the same from the prior tenant of the Premises and agrees the June 10, 2005 closure letter issued to Clonetech. Subject to the foregoing provisions regarding the condition of the Premises as of the delivery of possession, Tenant hereby acknowledges: (i) that it is familiar with and has had the opportunity to accept possession investigate the condition of the Premises in the “as is” condition existing on the Commencement Date, (except with respect including but not limited to the 1270 Spacemechanical, which shall be electrical and fire sprinkler systems, security, environmental aspects, compliance with "Applicable Law", as defined in paragraph 5.2), the “as is” condition existing on present and future suitability of the date possession of such space is delivered to Tenant in accordance with the terms of this Lease)Premises for Tenant's intended use, (ii) that Tenant has made such investigation as it deems necessary with reference to such matters and assumes all responsibility therefor, and without in any manner derogating from Tenant's obligations set forth herein including, without limitation, those relating to maintenance and repair, Tenant accepts the Premises, including all fixtures, furnishings and equipment, in its present condition, state of repair and operating order and in its present "AS IS" condition (other than as provided above), and (iii) that neither Landlord Landlord, nor any of Landlord’s agents have 's agents, has made any oral or written representations or warranties with respect to the Premises or the Buildings except as expressly set forth herein, and (iii) Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space shall be conclusive evidence, as against Tenant, that (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofsaid matters.

Condition. Subject to Landlord's completion of Landlord's Work, Tenant has inspected accepts the Premises in its "AS IS" condition and agrees (i) to accept possession of the Premises in the “as is” condition existing on the Commencement Date, (except with respect to the 1270 Space, which shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant in accordance with the terms of this Lease), (iia) that neither Landlord nor Landlord’s 's agents have made any representations or warranties with respect to the Premises or the Buildings Building except as expressly set forth herein, and (iiib) except for Landlord's Work, Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations or improvements to the Premises to prepare the Premises for Tenant’s occupancy's occupancy and possession of same. Promptly after receipt of Landlord's notice pursuant to Section 4.3(b) hereof, Tenant shall arrange a walk-through of the Premises with Landlord for the purpose of determining the Punch List Items to be completed and, except that Landlord shallfor such Punch List Items, at Tenant’s expense, and subject to the other terms of this Lease, cooperate with Tenant in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued 's occupancy of the Music Hall and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or Premises (other than occupancy for the 50 Rock Space purposes of installing Tenant's Property) shall be conclusive evidence, as against Tenant, that (A) Tenant Landlord has accepted possession of Substantially Completed Landlord's Work and that, at such time, the Premises in their then current condition and (B) the Premises are Building were in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1Notwithstanding the foregoing, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after discovery of latent defects (if any) following the Execution Delivery Date because shall not retroactively impact Landlord's Completion Date and/or the equipment currently serving such space and located in the 1270 Space shall be disconnected and no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofRent Commencement Date.

Condition. Tenant has inspected When returned to Lessor at the Premises expiration or earlier termination of this Lease the Aircraft shall be clean by airline operating standards, shall be returned with the Parts installed thereon on the Commencement Date or replacements therefor incorporated, 36 42 installed, or attached pursuant to Section 9 hereof, and agrees shall be in as good operating condition and appearance as when delivered to Lessee, ordinary wear and tear and such alterations and modifications as may be authorized or required hereby excepted, shall be airworthy with all pilot discrepancies cleared from the log book, shall possess a currently effective Airworthiness Certificate issued by the FAA, shall have all systems operating properly, shall comply with any then applicable rules and regulations imposed by the FAA and shall be free and clear of all Liens and righted of others except Lessor's Liens. Lessee will have caused to be performed, at its expense, within the lesser of (i) 30 days or (ii) 200 Flight Hours prior to accept possession such return, all phases of a C-Check, or its equivalent, of the Premises Aircraft, together with the segment of a P Check (or equivalent major overhaul segment) falling due at the time of such C Check or within 5,000 hours of such C Check under Lessee's maintenance program (such C Check and P Check segments are herein called the "Return Inspection"). Lessee will also cause to be Performed, at its expense, during such Return Inspection, all work required as a result of such Return Inspection to assure that the Aircraft is in compliance with applicable service bulletins of the “Manufacturer, Airworthiness Directives issued by the FAA, and for all work, repair and services that may be determined to be necessary by the FAA approved repair facility which conducted such Return inspection to enable Lessee to return the Aircraft to Lessor as is” condition existing on herein required. In addition, at the Commencement Date, time of such return: (except with respect A) the Engines shall not together have less than 6,000 hours or cycles (whichever may be applicable) remaining to the 1270 Spacenext scheduled limiting factor for removal (no single Engine having less than 2,000 hours or cycles, which whichever may be applicable, remaining) and shall be in the “as is” condition existing on the date possession of such space is delivered to Tenant have been maintained in accordance with the terms of this Lease)Lessee's then current approved engine maintenance program, (ii) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect authorized by and performed to FAA requirements applicable to the Premises or the Buildings except as expressly set forth herein, Lessee; and (iiiB) Landlord has no obligation life-limited Part shall have less than one-half of the allowable hours or cycles remaining (other than landing gear Parts, which will have at least 4,000 cycles remaining) prior to perform the normally scheduled replacement of such Part. In the event any required work, supply any materials, incur any expense repairs or make any alterations or improvements services should delay the return of the Aircraft to Lessor beyond the Premises to prepare expiration date of the Premises for Tenant’s occupancy, except that Landlord shall, at Tenant’s expense, and subject to the other terms Term of this Lease, cooperate with Tenant Lessee shall continue to pay Rent on a prorated daily basis in connection with Tenant’s bringing any required utilities to the Ancillary Space that are not currently available to such Ancillary Space. Tenant’s continued occupancy same manner as if there had been no expiration of the Music Hall Term of this Lease until such required work, repair or servicing has been completed and Retail Space #1, and Tenant’s taking possession of any part of the 1270 Space or the 50 Rock Space Aircraft returned to Lessor as provided hereinabove. Such payments shall be conclusive evidence, as against Tenant, that made when the Aircraft is returned to Lessor (A) Tenant has accepted possession of the Premises in their then current condition and (B) the Premises are in a good and satisfactory condition as required by this Lease. With respect to Retail Space #1, Tenant acknowledges that it will be required to replace the HVAC system serving such space from and after the Execution Date because the equipment currently serving such space and located in the 1270 Space shall be disconnected and but no longer in service. Nothing contained herein shall be deemed to relieve Landlord of its obligations during the Term under Article 7 hereofless frequently than monthly).