Common use of DEMISE, PREMISES, TERM, RENT Clause in Contracts

DEMISE, PREMISES, TERM, RENT. 1.1 Landlord hereby leases to Tenant and Tenant hereby hires from Landlord a portion of the fourteenth (14th) floor also known as Suite 1401 and as further described on Exhibit 1 annexed hereto and made a part hereof (hereinafter called, the “Premises”) in the building known as 0000 Xxxxxxxx, xx xxx Xxxxxxx xx Xxxxxxxxx, Xxxx, Xxxxxx and State of New York (said building is hereinafter called, the “Building” and the Building, together with the plot of land upon which it stands, is hereinafter called, the “Real Property”) for a term (hereinafter called, the “Term”) to commence on the Commencement Date (hereinafter defined) and to end on the Expiration Date (hereinafter defined) both dates inclusive unless the Term shall sooner end pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law for the Rent herein reserved. Tenant agrees to pay the Rent provided for herein in lawful money of the United States which shall be legal tender in payment of all debts and dues, public and private, at the time of payment, in equal monthly installments, in advance, on the first (1st) day of each calendar month during the Term from and after the Commencement Date at the office of Landlord or such other place as Landlord may designate, without any set-off, offset, abatement or deduction whatsoever (except as otherwise expressly provided for in this Lease), provided, however, that Tenant shall pay the first monthly installment on the execution of this Lease. The Rent for any portion of a calendar month included in the Term shall be prorated in the ratio that the number of days in such portion bears to the actual number of days in such month. If, on the Rent Commencement Date, or thereafter, Tenant shall be in default in the payment of Rent to Landlord pursuant to the terms of another lease of space in the Building with Landlord or with Landlord’s predecessor-in-interest, Landlord may, at Landlord’s option and without notice to Tenant, add the amount of such arrearages to any monthly installment of the Rent and the same shall be payable to Landlord as additional rent.

Appears in 2 contracts

Samples: Agreement of Lease (Panacea Acquisition Corp), Agreement of Lease (Panacea Acquisition Corp)

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DEMISE, PREMISES, TERM, RENT. 1.1 Landlord hereby leases to Tenant and Tenant hereby hires from Landlord a portion of the fourteenth (14th) floor also known as Suite 1401 and 1402 as further described indicated on Exhibit 1 annexed hereto and made a part hereof (hereinafter called, called the “Premises”"PREMISES") in the building known as 0000 Xxxxxxxx, xx xxx Xxxxxxx xx Xxxxxxxxx, Xxxx, Xxxxxx and State of New York (said building is hereinafter called, called the “Building” "BUILDING" and the Building, together with the plot of land upon which it stands, is hereinafter called, called the “Real Property”"REAL PROPERTY") for a term (hereinafter called, called the “Term”"TERM") to commence on the Commencement Date (hereinafter defined) and to end on the Expiration Date (hereinafter defined) both dates inclusive unless the Term shall sooner end pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law for the Rent herein reserved. Tenant agrees to pay the Rent provided for herein in lawful money of the United States which shall be legal tender in payment of all debts and dues, public and private, at the time of payment, . in equal monthly installments, in advance, on the first (1stlst) day of each calendar month during the Term from and after the Rent Commencement Date at the office of Landlord or such other place as Landlord may designate, without any set-off, offset, abatement or deduction whatsoever (except as otherwise expressly provided for in this Lease), provided, however, that Tenant shall pay the first monthly installment on the execution of this Lease. The Rent for any portion of a calendar month included in the Term shall be prorated in the ratio that the number of days in such portion bears to the actual number of days in such month. IfIn the event that, on the Rent Commencement Date, or thereafter, Tenant shall be in default in the payment of Rent to Landlord pursuant to the terms of another lease of space in the Building with Landlord or with Landlord’s 's predecessor-in-in- interest, Landlord may, at Landlord’s 's option and without notice to Tenant, Tenant add the amount of such arrearages to any monthly installment of the Rent and the same shall be payable to Landlord as additional rent.

Appears in 1 contract

Samples: Salon Internet Inc

DEMISE, PREMISES, TERM, RENT. 1.1 A. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord a portion of the fourteenth (14th) second floor also known and the third floor and the fourth floor, as Suite 1401 and as further described more particularly shown on Exhibit 1 1, annexed hereto and made a part hereof (hereinafter called, the “called "Premises") in the building known as 0000 Xxxxxxxx000 Xxxx 00xx Xxxxxx, xx xxx Xxxxxxx xx Xxxxxxxxxin the Borough of Manhattan, Xxxx, Xxxxxx County City and State of New York (said building is hereinafter called, called the "Building" and the BuildingBuilding , together with the plot of land upon which it stands, is hereinafter called, called the "Real Property") for a term (hereinafter called, called the "Term") to commence on the Commencement Date (hereinafter defined) and to end on the Expiration Date (hereinafter defined) both dates inclusive unless the Term shall sooner end pursuant to any of the terms, covenants or conditions of this Lease lease or pursuant to law for at the Rent, (hereinafter defined which Rent herein reserved. shall also include any additional rent payable hereunder), which Rent Tenant agrees to pay the Rent provided for herein in lawful money of the United States which shall be legal tender in payment of all debts and dues, public and private, at the time tine of payment, ' in equal monthly installments, in advance, commencing on the Rent Commencement Date (hereinafter defined) and on the first (1st) day of each calendar month thereafter during the Term from and after the Commencement Date (except as hereinafter otherwise provided), at the office of Landlord or such other place as Landlord may designate, designate without any set-off, offset, abatement or deduction whatsoever unless otherwise set forth herein, if the Rent Commencement Date shall occur on a date other than the first (except as otherwise expressly provided for in this Lease)1st) day of any calendar month, provided, however, that Tenant shall pay to Landlord, on the first (1st) day of the month next succeeding the month during which the Rent Commencement Date shall occur, an amount equal to such proportion of an equal monthly installment on of Rent as the number of days from and including the Rent Commencement Date bears to the total number of days in said calendar month. Such payment, together with the sum paid by Tenant upon execution of this Lease. The , shall constitute payment of the Rent for any portion of a calendar month included in the Term shall be prorated in the ratio that the number of days in such portion bears to the actual number of days in such month. If, on period from the Rent Commencement Date, or thereafter, Tenant shall be in default in Date to and including the payment of Rent to Landlord pursuant to the terms of another lease of space in the Building with Landlord or with Landlord’s predecessor-in-interest, Landlord may, at Landlord’s option and without notice to Tenant, add the amount of such arrearages to any monthly installment last day of the Rent and the same shall be payable to Landlord as additional rentnext succeeding calendar month.

Appears in 1 contract

Samples: Agreement of Lease (Global Broadcasting Systems Inc/Fa)

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DEMISE, PREMISES, TERM, RENT. 1.1 Section 2.1 Landlord hereby leases to Tenant and Tenant hereby hires from Landlord a portion of the fourteenth (14th) floor also known as Suite 1401 and as further described on Exhibit 1 annexed hereto and made a part hereof (hereinafter calledPremises for the Term to commence, the “Premises”) in the building known as 0000 Xxxxxxxxsubject to Article 23, xx xxx Xxxxxxx xx Xxxxxxxxx, Xxxx, Xxxxxx and State of New York (said building is hereinafter called, the “Building” and the Building, together with the plot of land upon which it stands, is hereinafter called, the “Real Property”) for a term (hereinafter called, the “Term”) to commence on the applicable Commencement Date (hereinafter defined) and to end on the Fixed Expiration Date (hereinafter defined) both dates inclusive Date, unless the Term shall sooner end pursuant to any of the terms, covenants earlier terminated or conditions of this Lease extended as provided herein or pursuant to law for applicable Laws. Notwithstanding the Rent herein reserved. Tenant agrees to pay the Rent provided for herein in lawful money foregoing, if any or all of the United States which entire 7th, 8th or 9th floors shall be legal tender in payment become vacant and available prior to the expiration of all debts the lease of such portions of the Premises due to the default of the tenant of such space and duesLandlord’s successful eviction of such tenant, public and private, at the time of payment, in equal monthly installments, in advance, on the first (1st) day of each calendar month during the Term from and after then Landlord may accelerate the Commencement Date at for such portion of the office Premises to an earlier date by giving Notice thereof to Tenant, provided that (i) the accelerated Commencement Date shall not be earlier than 60 days after the date of such Notice to Tenant and (ii) in no event may the Commencement Date be accelerated to a date earlier than January 1, 2008. If Landlord or has accelerated the Commencement Date for such portion of the Premises in accordance with this Section 2.1 and collects damages attributable to Fixed Rent and Escalation Rent from the prior tenant of such portion of the Premises for a period for which Tenant has also paid Fixed Rent and Escalation Rent for such portion of the Premises, Landlord (after recovering its expenses) shall pay Tenant the amount of such damages collected, up to the amount paid by Tenant to Landlord for the corresponding period of time. Tenant shall also have, as appurtenant to the Premises, the use, on a non-exclusive basis and in common with the other place as Landlord may designate, without any set-off, offset, abatement or deduction whatsoever tenants in the Building (except as otherwise expressly provided for in this Leaseand subject to Landlord’s Rules and Regulations), providedthe common areas of the Building and the Land, howeverincluding (i) the public lobby, public hallways and public stairways, (ii) the public elevators and loading dock (if any), (iii) common walkways necessary for access to the Building, and (iv) all other parts of the Real Property made available by Landlord to all tenants in the Building. Tenant, at its own risk and on a non-exclusive basis, may use the Building stairways between floors of the Premises solely to enable Tenant’s employees to access floors comprising the Premises, provided that such use by Tenant (x) complies with all Laws, (y) does not disrupt or interfere with the proper and safe operation of the Building by Landlord and (z) does not interfere with the occupancy by other tenants of the Building. Tenant shall pay make its own security arrangements relating to the first monthly installment on use of such stairways, provided that it shall consult with Landlord regarding such arrangements and continue to afford Landlord access to the execution Premises and such stairways in accordance with the applicable provisions of this Lease. The Rent for To the extent any portion of a calendar month included in the Term shall be prorated in the ratio that the number of days in such portion bears to the actual number of days in such month. IfTenant’s floors are so-called “re-entry” floors, on the Rent Commencement Date, or thereafter, Tenant shall be in default in the payment of Rent to Landlord pursuant to the terms of another lease of space in the Building with Landlord or with Landlord’s predecessor-in-interest, Landlord mayTenant, at Landlord’s option and without notice to Tenantits expense, add shall tie such floors into the amount of such arrearages to any monthly installment of the Rent and the same shall be payable to Landlord as additional rentClass E Systems.

Appears in 1 contract

Samples: Agreement of Lease (Digitas Inc)

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