Demised Premises. The demised premises consisting of the entire sixth floor of the building (hereinafter “Building”) located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Boston, Massachusetts, which demised premises are shown on Exhibit A attached hereto, containing 15,088 square feet of rentable floor area (hereinafter the “Premises”). Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant shall have, as appurtenant to the Premises, the non-exclusive right and easement to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph), and (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) of the Premises. Landlord reserves and shall have the unrestricted right to change the location, size or character of any of the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if Landlord so elects. Except in cases of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenant.
Appears in 3 contracts
Sources: Assignment, Assumption, Amendment and Consent, Assignment, Assumption, Amendment and Consent (Paratek Pharmaceuticals, Inc.), Assignment, Assumption, Amendment and Consent (Paratek Pharmaceuticals Inc)
Demised Premises. The demised premises consisting of the entire sixth floor of the building 2.01. Landlord leases to Tenant and Tenant leases from Landlord certain office space (hereinafter “called the "Demised Premises") in a nine-story office building currently being renovated (the "Building”") located situated on certain land more particularly described by metes and bounds in Exhibit A attached hereto (the "Land") leased by Landlord at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ in Raleigh, Boston, Massachusetts, which demised premises are shown on Exhibit A attached hereto, containing 15,088 North Carolina. The Demised Premises consists of the square feet of rentable floor area in the Building disclosed on Schedule I attached to this Lease and made a part hereof (hereinafter called "Schedule I"), all of said space being shown on Exhibit B attached hereto. All calculations of the “Premises”). Said Building contains an aggregate total rentable area of 211,232 the Demised Premises and the Building shall be made in accordance with the BOMA Standard of Measuring Floor Area of Office Buildings (reprinted in August, 1990). Rentable square feet. Tenant shall have, as appurtenant to feet for any tenant space which constitutes all of the Premises, the non-exclusive right and easement to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) available office space on any floor in the Building and shall be as set forth in Exhibit ▇-▇ attached hereto. Landlord, at its expense, shall provide Tenant with the Base Building items set forth on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants Exhibit C-l
2.02. The Demised Premises consist of the Building unfinished interior office space in the Building. Landlord, at its expense, shall provide Tenant with the "Base Building" items set forth on Exhibit C-l. Landlord, at Tenant's cost, shall also install the items and perform the work (collectively "upfitting") specified in the plans and upfitting requirements set forth in Exhibit C; however, Landlord shall provide Tenant with an upfitting allowance to subsidize Tenant's upfitting cost as may specified in Schedule I. All work shall be designated from time performed in accordance with the provisions of Article XVI
2.03. Prior to time occupancy of the Demised Premises by the Tenant, Landlord (subject to the last sentence and Tenant shall enter into a supplement of this paragraph)Lease in the forth attached hereto as Exhibit D setting forth the exact measurements of the Demised Premises calculated as provided hereinabove, the Commencement Date and (b) Expiration Date of the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, term of this Lease as provided in Section 23B hereof, provided such rules Article IV and regulations shall not materially interfere with Tenant’s Permitted Use the exact amount of the Annual Minimum Rent (hereinafter defined) and monthly installments of minimum rent required in accordance with Article V herein, with such terms, conditions and provisions being consistent with the terms set forth in this Lease as of the Premisesdate hereof.
2.04. Landlord reserves Exhibits A, B, ▇-▇, C, ▇-▇ and shall have the unrestricted right to change the location, size or character of any of the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises D and Schedule I mentioned above and Exhibit E mentioned hereafter are the exterior walls attached hereto and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, incorporated herein by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if Landlord so elects. Except in cases of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenantthis reference.
Appears in 3 contracts
Sources: Lease (Bti Telecom Corp), Lease (Bti Telecom Corp), Lease (Bti Telecom Corp)
Demised Premises. The demised premises consisting 1.1. Lessor hereby leases to Lessee, and Lessee hereby leases and hires from Lessor, the Demised Premises, as defined in Schedule B hereto, together with the non-exclusive right to use the common areas of the entire sixth floor Property and such other rights as are necessary or desirable to provide Sublessee with substantially the same rights and benefits as have been generally afforded to and enjoyed by the Defense Systems unit of the building (hereinafter “Building”) located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Boston, Massachusetts, which demised premises are shown on Exhibit A attached hereto, containing 15,088 square feet of rentable floor area ▇▇▇▇▇ (hereinafter the “Premises”). Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant shall have, as appurtenant "Defense Systems") prior to the Premisesdate hereof (including, the non-exclusive right and easement to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalksrights of ingress and egress, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available parking consistent with past practice or otherwise as set forth in the Rider attached to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph)Sublease, and access to public and private utilities) for the lease term hereinafter stated and for the Base Rent and Additional Rent (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, both as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) set forth herein, upon and subject to all of the terms and provisions hereinafter provided or incorporated in this Lease by reference.
1.2. Lessee agrees to accept the Demised Premises on the Commencement Date (as hereinafter defined) in its "as is" condition and Lessor shall not be obligated to perform any work or furnish any materials in, to or about the Demised Premises in order to prepare the Demised Premises for occupancy by Lessee or otherwise. Lessee hereby releases Lessor from any and all liability resulting from (i) any latent or patent defects in the Demised Premises. Landlord reserves and shall , (ii) the failure of the Demised Premises to comply with any legal requirements applicable thereto or (iii) the status of the title to the Demised Premises, provided that the foregoing release of liability is not intended to limit or otherwise affect any liability that Lessor or any affiliate of Lessor may have the unrestricted right to change the location, size Lessee or character any affiliate of Lessee which arises under any of the Common Facilitiesother terms and conditions of this Lease or under the terms and conditions of any other agreement. Lessee acknowledges that, provided such changes do not materially decrease except as expressly set forth herein or as expressly set forth in any separate document, Lessor has made no statements, representations, covenants or warranties with respect to (x) the size condition or manner of construction of the Property or any improvements constructed in the Demised Premises, (y) the uses or purposes for which the Demised Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently may be lawfully occupied or (if same does not materially decrease the size of the Premises z) any encumbrances, covenants, restrictions or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions agreements affecting title to the Premises Property or to the Building Demised Premises. Lessee also agrees that, in executing this Lease, it has not relied upon or been induced by any statements, representations, covenants or warranties of any person other than those, if Landlord so elects. Except any, set forth expressly in cases this Lease or in any other separate agreements by or between Lessor and/or Lessee or any of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenanttheir respective affiliates.
Appears in 2 contracts
Sources: Assignment and Assumption of Lease (Southern California Microwave Inc), Assignment and Assumption of Lease (Southern California Microwave Inc)
Demised Premises. 1.1 Landlord hereby leases to Tenant and Tenant hereby leases from Landlord for the term and upon the terms, conditions, covenants and agreements hereinafter provided, the Premises. The demised premises consisting Premises consist of space which: (i) is located on the floor or floors of the entire sixth floor Building as is specified in Item B(1) of the building Basic Lease Provisions, (hereinafter “Building”ii) is located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇in one or more areas or parts of each such floor, Bostonand (iii) is bounded by the proposed or existing demising walls therefor, Massachusetts, which demised premises are the approximate locations of such demising walls and space being marked in color or crosshatched and shown on the diagram(s) of the floor plan for each such floor, such diagram(s) being attached to this Lease as Exhibit A attached hereto, containing 15,088 and made a part hereof. The Premises is to be known and called by the Suite Number or Numbers specified in Item B(1) of the Basic Lease Provisions. The appropriate number of rentable square feet contained in the Premises, as determined by Landlord, for identification purposes only, is specified in Item B(1) of rentable floor area the Basic Lease Provisions (hereinafter the “Premises”"Rentable Area"). Said The lease of the Premises includes the right, together with other tenants of the Building contains an aggregate total rentable area and members of 211,232 square feetthe public, to use the common public areas of the Building, but includes no other rights not specifically set forth herein. Tenant Landlord shall havefinish the Premises as set forth in Exhibit B attached hereto and made a part hereof. It is understood and agreed that Landlord will not make and is under no obligation to make, as appurtenant any alterations, decorations, additions or improvements in or to the Premises, the non-exclusive right and easement structural or otherwise, except as set forth in Exhibit B. Landlord agrees to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph), and (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) of the Premises. Landlord reserves and shall have the unrestricted right to change the location, size or character of any of the Common Facilities, provided such changes do not materially decrease the size deliver possession of the Premises or materially adversely affect Tenant’s use of to Tenant and Tenant agrees to accept the Premises for the Permitted Use. EXCEPTED AND EXCLUDED same from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if upon written notice from Landlord so elects. Except in cases of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenantthat Landlord's work in the Premises described in Exhibit B has been substantially completed.
Appears in 2 contracts
Sources: Lease Agreement (Radvision LTD), Lease Agreement (Radvision LTD)
Demised Premises. The demised premises consisting of (a) Landlord demises and lets to Tenant and Tenant leases and takes from Landlord the entire sixth second- floor of the building (hereinafter “Building”) located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Boston, Massachusetts, which demised premises are space shown in crosshatching on Exhibit A “A” attached hereto, containing 15,088 square feet of rentable floor area hereto and made a part hereof (hereinafter the called “Demised Premises”), consisting of a 45,526 rentable square foot area, forming part of the Building located at the Complex,
(b) The location and boundaries of the Complex outlined on Exhibit “B” set forth the general layout of the Complex, but shall not be deemed to be a representation or agreement on the part of Landlord that the Complex will be as indicated on Exhibit “B”. Said Building contains an aggregate total rentable area Landlord reserves the right at any time to change the size, height, layout or location of 211,232 square feetthe building, walks, parking, loading and Common Areas and/or other areas, now or at any time hereafter forming a part of the Complex; to make alterations or additions to, and to build additional stories and to add buildings to the Complex and to designate other parcels of land to be added to the Complex; and to combine such other parcels including all buildings and improvements thereon, with the Complex provided same does not unreasonably interfere with Tenant’s access to or use of the Demised Premises.
(c) Tenant’s right to use and occupy the Demised Premises during the Term shall include the right to use and occupy the loading docks leading into the Demised Premises. Additionally, Tenant shall have, as appurtenant to the Premises, have the non-exclusive right to the use of Tenant’s Share of automobile parking spaces located within the Complex, open and easement unassigned.
(d) Tenant’s right to use and occupy the Demised Premises during the Term shall include the right to use, in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants of the Building Complex and their customers, guests, and invitees, the Common Areas of the Complex, as may more fully set forth in Section 6 hereof.
(e) Nothing herein contained shall be designated from time construed as a grant or demise by Landlord to time by Tenant of the Landlord (subject roof or exterior walls of the Complex or the land below the floor of the Demised Premises, or any part of the Complex exterior to the last sentence of this paragraph)Demised Premises, and (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) of the Premises. Landlord reserves and shall have the unrestricted right to change the location, size or character of any of the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED Areas.
(f) Landlord reserves from the Demised Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access reasonable ingress and egress through the Demised Premises to part of the Complex not hereby demised, and also reserves space for pipes, ducts and wires, leading to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if Landlord so elects. Except in cases of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use from parts of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to TenantComplex not hereby demised.
Appears in 1 contract
Sources: Lease Agreement (CompoSecure, Inc.)
Demised Premises. The demised premises consisting For and in consideration of the entire sixth floor rent hereinafter reserved and the mutual covenants hereinafter contained, and upon all the terms and provisions of this Lease, (i) Landlord does hereby lease and demise unto Tenant, and Tenant does hereby lease and accept from Landlord the premises (the "Demised Premises") known as Unit C (as crosshatched on Exhibit "A" attached hereto and incorporated herein), located within a building (hereinafter “the "Building”") located at 9▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, Boston, Massachusetts, ▇▇▇▇▇▇▇▇ which demised premises are shown is situated on the land ("Land") described or depicted on Exhibit A “B” attached heretohereto and incorporated herein (the Building, containing 15,088 square feet the Land and any other improvements from time to time situated thereon being hereinafter referred to collectively hereinafter from time to time as the "Property") and (ii) Landlord also grants to Tenant a non-exclusive right to use, in common with other tenants of rentable floor area the Building (and the employees, guests and other invitees of such tenants), all driveways and curb cuts located on the Land and other common areas of the Property (collectively, "Common Areas"). Tenant shall have the exclusive right to use only the 172 car parking spaces and 24 truck parking spaces depicted on Exhibit “A” attached hereto as the “C▇▇▇. Levy Parking Area” (hereinafter the “PremisesTenant Parking Area”). Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant shall have, as appurtenant to the Premisesparking for its employees, the non-exclusive right customers and easement other invitees, however, Tenant, its employees, customers and other invitees shall not be permitted to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and any other parking areas on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph), and (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be right to use the Common Areas and Tenant Parking Area for the purposes intended is subject to the and conditioned upon Tenant’s compliance with such reasonable rules and regulations as may be established from time to time established time. Tenant shall not interfere with the rights of any or all of Landlord, other tenants or licensees, or any other person entitled to use the Common Areas or other parking areas serving the Building. Without limitation of the foregoing, Tenant shall not park or store any trailers on, or conduct truck loading and unloading activities in the Tenant Parking Area designated for car parking or in the Common Areas in a manner that unreasonably disturbs, disrupts or prevents the use of the Common Areas or other parking areas serving the Building by Landlord, as provided in Section 23B hereofother tenants or licensees or other persons entitled to use the Common Areas or other parking areas serving the Building. Landlord, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) from time to time, may change any or all of the Premises. Landlord reserves and shall have the unrestricted right to change the size, location, size or character nature and use of any of the Common FacilitiesAreas although such changes may result in inconvenience to Tenant, provided so long as such changes do not materially decrease the size of the Premises or materially and adversely affect Tenant’s use of the Premises for Demised Premises. In addition to the Permitted Use. EXCEPTED AND EXCLUDED from foregoing, Landlord may, at any time, close or suspend access to any Common Areas to perform any acts in the Premises Common Areas as, in Landlord’s reasonable judgment, are the exterior walls and any space currently desirable to improve or (if same does not materially decrease the size maintain either or both of the Demised Premises or materially adversely affect and the Property; provided, however, that Landlord shall use reasonable efforts to limit any disruption of Tenant’s use and operation of the Demised Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if Landlord so elects. Except in cases of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenantconnection therewith.
Appears in 1 contract
Sources: Industrial Lease Agreement (Source Interlink Companies Inc)
Demised Premises. The demised premises consisting Landlord does hereby lease unto Tenant, and Tenant does hereby lease from Landlord, the Demised Premises, upon and subject to the covenants, agreements, terms, conditions, limitations, exceptions and reservations of this Lease. Landlord and Tenant may, from time to time, by agreement, change the configuration and size of the entire sixth floor Demised Premises, and Rent will be adjusted accordingly; provided, however, that the configuration of the building Demised Premises shall not during the Initial Term be changed in such a manner that the Demised Premises is less than forty percent (hereinafter “Building”40%) located of the aggregate space in the Buildings, exclusive of Common Areas. The configuration and size of the Demised Premises shall be determined and measured by Landlord quarterly, as of the beginning of each fiscal quarter of Landlord (October 1, January 1, April 1, and July 1) and Rent payable by Tenant hereunder shall be adjusted accordingly for such quarter based upon the size of the Demised Premises, at the Rent rates provided for herein. The Demised Premises shall include all space within the Buildings occupied by Tenant and all space reserved for or assigned for occupancy by Tenant. The availability of space in the Buildings for occupancy by Tenant or reservation or assignment for Tenant shall be determined by Landlord, provided that the minimum space available to Tenant at all times shall be forty percent (40%) of the aggregate space in the Buildings, exclusive of Common Areas and, provided, further, that Landlord shall not move Tenant from any space occupied by Tenant without Tenant's prior approval. Landlord and Tenant agree that if Landlord further expands its facilities at 810 Innovation Drive, whether by expanding the existing Buildings there or by adding additional Buildings, or at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ by acquiring additional space there, Boston, Massachusetts, which demised premises are shown on Exhibit A attached hereto, containing 15,088 square feet of rentable floor area (hereinafter the “Premises”). Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant shall have, as appurtenant to the Premises, the non-exclusive right and easement to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph), and (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) of the Premises. Landlord reserves and shall have the unrestricted right opportunity to change the location, size or character of any of the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions negotiate with Landlord with respect to the Premises or to the Building if Landlord so elects. Except in cases possibility of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and taking additional space in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenantexpansion area.
Appears in 1 contract
Demised Premises. The demised premises consisting Subject to and contingent upon the written consent of the entire sixth Prime Landlord, as required by Section 22(l) of this Sublease, Sublandlord does hereby sublease to Subtenant, and Subtenant does hereby sublease from Sublandlord, for the term and upon the conditions hereinafter provided, the Demised Premises, including the right to use all common areas relating to the Building as set forth in the Prime Lease. The Demised Premises is agreed to be approximately 13,000 square feet of gross rentable area (the "RENTABLE AREA") located on the first floor of the building (hereinafter “Building”) located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Boston, Massachusetts, which demised premises and are shown outlined on Exhibit A EXHIBIT B attached hereto, containing 15,088 square feet of rentable floor area (hereinafter the “Premises”)hereto and made a part hereof. Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant Subtenant shall have, as appurtenant to the Premises, also have the non-exclusive right and easement to use use, in common with others entitled thereto others, subject to the applicable terms of the Prime Lease (a) if any), all common facilities (hereinafter “Common Facilities”) in areas of the Building Building, including the fitness room and on showers, cafeteria area and loading dock, provided that, with respect to use of the land on fitness room and cafeteria area, Subtenant shall first obtain the consent of Sublandlord, which it is located (said Building consent shall not be unreasonably withheld, prior to any use or operation of the cafeteria area and land are hereinafter “Landlord’s Property”) including without limitationfitness room. Sublandlord shall not be responsible or liable for any costs, sidewalksexpenses or other obligations with respect to the operation of the cafeteria area or fitness room, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms all of which costs and such expenses shall be borne by Subtenant and any other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph)Building. Subtenant shall have, and (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere common with Tenant’s Permitted Use (hereinafter defined) other tenants of the Premises. Landlord reserves and shall have the unrestricted right to change the locationBuilding, size or character of any of the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if Landlord so elects. Except in cases of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change use the street address UPS and the name generator, which usage shall not exceed Subtenant's and each such other tenant's respective pro rata share of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to TenantBuilding.
Appears in 1 contract
Demised Premises. The demised premises consisting Subject to and contingent upon the written consent of the entire sixth Prime Landlord described in Section 22(l) hereinbelow, which consent shall be in a form reasonably satisfactory to Sublandlord and Subtenant ("LANDLORD CONSENT"), Sublandlord does hereby sublease to Subtenant, and Subtenant does hereby sublease from Sublandlord, for the term and upon the conditions hereinafter provided, the Demised Premises, including the right to use all common areas relating to the Building as set forth in the Prime Lease, including the right to use all HVAC units exclusively serving the server room of the Demised Premises (the "EXCLUSIVE HVAC UNITS") that are to be installed as part of Sublandlord's Work (as defined hereafter). The Demised Premises is agreed to be approximately 18,021 square feet of gross rentable area (the "RENTABLE AREA") located on the first floor of the building (hereinafter “Building”) located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Boston, Massachusetts, which demised premises and are shown outlined on Exhibit A EXHIBIT B attached hereto, containing 15,088 square feet of rentable floor area (hereinafter the “Premises”)hereto and made a part hereof. Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant Subtenant shall have, as appurtenant to the Premises, also have the non-exclusive right to use, in common with others, without additional charge (except as provided hereinbelow) subject to the applicable terms of the Prime Lease (if any), all common areas of the Building, including the fitness room and easement showers, cafeteria area and loading dock, provided that, with respect to use of the fitness room and cafeteria area, Subtenant shall first obtain the consent of Sublandlord, which consent shall not be unreasonably withheld, delayed or conditioned, prior to any use or operation of the cafeteria area and fitness room. Sublandlord shall not be responsible or liable for any costs, expenses or other obligations with respect to the operation of the cafeteria area or fitness room, all of which operational costs and expenses (including additional electricity charges resulting from the operation of said areas) shall be borne by Subtenant and any other tenants of the Building; provided, however, that only those parties who have consented to the operation of the cafeteria or fitness rooms shall be liable for such expenses and provided further that, except for the above-referenced operation costs, Subtenant shall not be charged any additional Rent for operating the cafeteria or fitness rooms beyond the amounts already required under this Sublease). Notwithstanding the foregoing, Subtenant shall have the right to use, in common with others entitled thereto thereto, at no additional charge, the cafeteria area during normal business hours for the limited purpose of conducting company meetings. In addition, upon prior notice to and approval from Sublandlord (a) common facilities (hereinafter “Common Facilities”) in the Building and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants of the Building as may approval shall not be designated from time to time by the Landlord (subject to the last sentence of this paragraphunreasonably withheld or delayed), and payment to Sublandlord of Two Hundred Fifty Dollars (b$250.00) for each use, Subtenant may use the pipescafeteria area for company parties or functions. In the event that the cafeteria is being operated, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) of the Premises. Landlord reserves and shall have the unrestricted right to change the location, size or character of any of the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s Subtenant's use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees cafeteria shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if Landlord be coordinated so elects. Except in cases of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use its operation as a cafeteria. Subtenant shall have, in common with other tenants of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on SaturdayBuilding, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change use the street address UPS and the name generator, which usage shall not exceed Subtenant's and each such other tenant's respective pro rata share of the Building at any time Building. Subtenant shall be responsible for all maintenance, repair and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenantreplacement of the Exclusive HVAC Units.
Appears in 1 contract
Demised Premises. The demised premises consisting For and in consideration of the entire sixth floor rent hereinafter reserved and the mutual covenants hereinafter contained, and upon all the terms and provisions of this Lease, (i) Landlord does hereby lease and demise unto Tenant, and Tenant does hereby lease and accept from Landlord the premises (the "Demised Premises") known as Unit C (as crosshatched on Exhibit "A" attached hereto and incorporated herein), located within a building (hereinafter “the "Building”") located at ▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, Boston, Massachusetts, Illinois which demised premises are shown is situated on the land ("Land") described or depicted on Exhibit A “B” attached heretohereto and incorporated herein (the Building, containing 15,088 square feet the Land and any other improvements from time to time situated thereon being hereinafter referred to collectively hereinafter from time to time as the "Property") and (ii) Landlord also grants to Tenant a non-exclusive right to use, in common with other tenants of rentable floor area the Building (and the employees, guests and other invitees of such tenants), all driveways and curb cuts located on the Land and other common areas of the Property (collectively, "Common Areas"). Tenant shall have the exclusive right to use only the 172 car parking spaces and 24 truck parking spaces depicted on Exhibit “A” attached hereto as the “▇▇▇▇. Levy Parking Area” (hereinafter the “PremisesTenant Parking Area”). Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant shall have, as appurtenant to the Premisesparking for its employees, the non-exclusive right customers and easement other invitees, however, Tenant, its employees, customers and other invitees shall not be permitted to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and any other parking areas on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph), and (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be right to use the Common Areas and Tenant Parking Area for the purposes intended is subject to the and conditioned upon Tenant’s compliance with such reasonable rules and regulations as may be established from time to time established time. Tenant shall not interfere with the rights of any or all of Landlord, other tenants or licensees, or any other person entitled to use the Common Areas or other parking areas serving the Building. Without limitation of the foregoing, Tenant shall not park or store any trailers on, or conduct truck loading and unloading activities in the Tenant Parking Area designated for car parking or in the Common Areas in a manner that unreasonably disturbs, disrupts or prevents the use of the Common Areas or other parking areas serving the Building by Landlord, as provided in Section 23B hereofother tenants or licensees or other persons entitled to use the Common Areas or other parking areas serving the Building. Landlord, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) from time to time, may change any or all of the Premises. Landlord reserves and shall have the unrestricted right to change the size, location, size or character nature and use of any of the Common FacilitiesAreas although such changes may result in inconvenience to Tenant, provided so long as such changes do not materially decrease the size of the Premises or materially and adversely affect Tenant’s use of the Premises for Demised Premises. In addition to the Permitted Use. EXCEPTED AND EXCLUDED from foregoing, Landlord may, at any time, close or suspend access to any Common Areas to perform any acts in the Premises Common Areas as, in Landlord’s reasonable judgment, are the exterior walls and any space currently desirable to improve or (if same does not materially decrease the size maintain either or both of the Demised Premises or materially adversely affect and the Property; provided, however, that Landlord shall use reasonable efforts to limit any disruption of Tenant’s use and operation of the Demised Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if Landlord so elects. Except in cases of emergency, Landlord shall exercise the foregoing rights upon reasonable notice to the Tenant and in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenantconnection therewith.
Appears in 1 contract
Sources: Industrial Lease Agreement (Source Interlink Companies Inc)
Demised Premises. The demised premises consisting 15,400 sq. ft. on the first floor, 16,200 sq. ft. on the second floor and 14,400 sq. ft. in the basement of the entire sixth floor of the building (hereinafter “Building”) located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, Boston, Massachusetts, which demised premises are shown on Exhibit A attached hereto, containing 15,088 square feet of rentable floor area ▇▇▇▇▇▇▇▇▇▇▇▇▇ (hereinafter called the “"Premises”"). Said Building contains an aggregate total rentable area of 211,232 square feet. The Tenant shall have, as appurtenant to the Premises, the non-exclusive right and easement to use in common with the others entitled thereto (a) common facilities (hereinafter “Common Facilities”) areas in the Building (which shall be defined as the improvements found in the area bounded by Ossipee, Oak, Chestnut & Linden Streets, plus the parking lot) and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, loading facilities, entrances and exits from public highways, a maximum of twenty five (25) parking spaces on the deck (reserved in the first two rows adjacent to Building) and the entire basement parking, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and stairways and such other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph)Landlord, and (b) the pipes, ducts, conduits, utility lines, wires, wires sewerage system and appurtenant equipment serving the Premises. Tenant’s ; such rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with the Tenant’s Permitted Use (hereinafter defined) 's use of the Premises. Landlord reserves and shall have the unrestricted Tenant's right to change use the location, size or character of any of Linden Street parking lot shall be limited to the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) spaces in the future lot which have not been designated by Landlord as reserved for other tenants, as the same may change during the term hereof. EXCEPTING AND RESERVING to the Landlord the space necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways wires or otherwise those utilities and services required for Landlord’s Property, Common Facilities the Building and common facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises by the Landlord and its agents therefor for the purposes purpose of such installation, maintenance or operation or for the purposes purpose of making repairs, alterations or additions to the Premises or to the Building if Landlord so elects. Except in cases of emergency, Landlord shall not exercise the foregoing rights upon reasonable notice to the Tenant and right in such a manner as not to unreasonably interfere unreasonably with Tenant’s 's use of the Premises between Premises. Tenant shall have access to the hours of 8:00 loading dock from 7:00 a.m. and 6:00 through 5:30 p.m. Monday through Friday Friday, and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right at such other times as agreed to change the street address and the name of the Building at any time and from time to time upon sixty (60) days by prior notice to Tenant, without liability to Tenantarrangement with Landlord.
Appears in 1 contract
Demised Premises. The demised premises consisting of Sublessor does hereby rent and sublease to Sublessee and Sublessee does hereby rent and sublease from Sublessor the entire sixth floor of the building (hereinafter “Building”) located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Boston, Massachusetts, which demised premises are shown on Exhibit A attached hereto, containing 15,088 square feet of rentable floor area (hereinafter the “Premises”). Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant shall have, Demised Premises as appurtenant to the Premises, the non-exclusive right and easement to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and outlined or crosshatched on the land on floor plan which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants a part of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph)Exhibit A. Sublessee, and (b) the pipesits employees, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) of the Premises. Landlord reserves and shall have the unrestricted right to change the location, size or character of any of the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees invitees, shall have the nonexclusive right and privilege, in common with Primary Landlord, Sublessor and other tenants of the Project, to use all common areas of the Building and Project for their intended uses. The "Project" is comprised of the Building, the Building's parking facilities, any walkways, covered walkways, tunnels or other means of access to the Building and entry the Building's parking facilities, the land upon which the Project is located, all common areas, including any lobbies or plazas, and any other improvements or landscaping on the land. Sublessee agrees that this Sublease and Sublessee's use and occupancy of the Demised Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, alterations or additions shall at all times be subject and subordinate to the Premises Primary Lease. Sublessee hereby agrees to comply with all applicable terms and conditions of the Primary Lease and that it shall not cause by act or omission, Sublessor to violate the terms and conditions of the Primary Lease. Sublessee hereby aclmowledges receipt of a true and correct copy of the Primary Lease. Upon termination of the Primary Lease for any reason whatsoever, this Sublease and Sublessee's rights in and to the Building if Landlord so elects. Except in cases of emergency, Landlord Demised Premises shall exercise the foregoing rights upon reasonable notice to the Tenant automatically and in such a manner as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice to Tenant, without liability to Tenantimmediately terminate.
Appears in 1 contract
Sources: Sublease Agreement
Demised Premises. The demised premises consisting 1.1 Landlord hereby leases to Tenant and Tenant hereby leases from Landlord, a separate commercial premise in the main lobby of the entire sixth floor of the building (hereinafter “Building”) Property generally located at 3645 ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, Boston▇▇▇▇▇▇ ▇▇▇▇▇, Massachusetts▇▇nsisting of approximately four hundred (400) square feet, which demised premises are shown as more particularly depicted on Exhibit A "A" attached hereto, containing 15,088 square feet of rentable floor area plus all fixtures, equipment and property located therein or thereon (hereinafter collectively, the “"Premises”"). Said Building contains an aggregate total rentable area Landlord reserves to itself the use of 211,232 square feet. Tenant shall have, as appurtenant to the Premises, the non-exclusive right and easement to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entrancewaysroof, exterior spaceswalls and the area above and below the Premises together with the right to install, common washrooms maintain, use, repair and such other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph), replace and (b) the pipes, ducts, conduits, utility lineswires and structural elements now or in the future leading through the Premises and which serve other parts of the Property.
1.2 In the event of a substantial renovation of the main lobby of the Property, wiresLandlord shall have the right, sewerage system and appurtenant equipment serving in its sole discretion, to relocate the Premises. Tenant’s rights hereunder shall always be subject leased Premises to another location within the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereofProperty, provided that the area of such rules location shall be approximately equal in size to that of the original location and regulations exposed to reasonably equivalent pedestrian traffic. In connection with any relocation under this paragraph, Landlord shall not materially interfere bear the expense of providing wall and floor coverings, a reasonably number of electrical outlets and a telephone line at the new location, all according to Landlord's design specifications. Tenant shall bear all other relocation expenses. In connection with any such relocation, Landlord shall reimburse Tenant for the unamortized cost of Tenant’s Permitted Use (hereinafter defined) 's leasehold improvements, based on a straight line amortization over the term of the Lease.
1.3 Landlord may, in connection with any remodeling of all or any portion of the Property, change the dimensions or reduce the size of the Premises; provided, however, that if a reduction in size of the Premises would reduce the Premises to less than four-fifths (4/5) of their original size, and Tenant determines that as a result thereof the remaining portion of the Premises will not be suitable for the purpose for which Tenant has leased said Premises, Tenant may, at its option (i) terminate this Lease by written notice to Landlord given within thirty (30) days after the Landlord notifies Tenant of Landlord's intention to remodel, or (ii) require Landlord to relocate the Premises in the manner set forth in section 12 above. Within thirty (30) days following receipt of Tenant's notice thereof, Landlord reserves and shall have shall, at its option, either rescind the unrestricted right Landlord's intention to remodel in a manner that would change the location, size dimensions or character of any of the Common Facilities, provided such changes do not materially decrease reduce the size of the Premises (in which event Tenant's termination notice is of no effect and this Lease shall continue) or materially adversely affect Tenant’s use shall agree to relocation of the Tenant pursuant to Section 1.2 hereof. In the event of any remodeling pursuant to this Section 1.3, Landlord shall repair any damage to the Premises caused thereby. In connection with any such remodeling, or any relocation pursuant to Section 1.2, Landlord may require Tenant to cease conducting business from the Premises for a period not in excess of thirty (30) days. The rent payable hereunder shall be abated during any such period that Landlord requires Tenant to cease conducting business and Tenant shall be entitled to a reduction in rent in an amount equal to that proportion of the Guaranteed Minimum Rent (as hereinafter defined) which the number of square feet taken away in the remodeling bears to the original number of square feet of the Premises.
1.4 Landlord shall only be obligated to provide the Premises to Tenant in a completely undecorated condition, as is, with bare walls and floors, electrical service to a panel, exterior door and store front; provided, however, Landlord shall also remodel and relocate the front wall of the Premises for in accordance with the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size plans described in Exhibit "B" attached hereto prior to delivery of the Premises to Tenant. Tenant acknowledges that it has inspected the Premises and accepts the Premises in "as is" condition. Tenant shall be responsible, at its sole cost, for decorating, fixturizing, and equipping the interior of the Premises, including, but not limited to, floor and wall coverings, duct work for distribution of air conditioning and heating within the Premises, electrical wiring from the panel indicated above, furnishings, decorations, light fixtures and interior doors. Tenant will furnish, equip, and decorate the Premises with all new and modern equipment and agrees that the proposed furnishings, fixtures, floor and wall covering, decor, architectural layout and color scheme for the Premises shall be subject to the prior written approval of the Landlord and in accordance with the approved Tenant's Plans (as hereinafter defined).
1.5 Within thirty (30) days after the execution of this Lease by both parties, Tenant shall submit to Landlord one (1) reproducible set of plans and specifications of all of the improvements Tenant proposes to construct within the Premises, which shall include a schedule of fixtures, furnishings and equipment to be installed or materially adversely affect Tenant’s use provided as part of the Premises for signage specifications and a description of planned decoration (the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises"Tenant's Plans"). Landlord shall notify Tenant within twenty (20) days after receipt of a complete set of Tenant's Plans whether Landlord approves of Tenant's Plans and, if it does not fully approve of them, the respects in which they are not found acceptable. Within ten (10) days after receipt of any such notice of disapproval, Tenant shall cause Tenant's Plans to be revised to correct those matters of which Landlord disapproved and shall prepare final Tenant's Plans based upon Landlord's notice and resubmit the same to Landlord. Upon final approval of Tenant's Plans by Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance whether in original or operation or for the purposes of making repairs, alterations or additions to the Premises or to the Building if Landlord so elects. Except in cases of emergencyrevised form, Landlord shall exercise initial and return one set of the foregoing rights upon reasonable notice approved Tenant's Plans to the Tenant and the same shall become incorporated in such this Lease by this reference and made a manner part hereof as not to interfere unreasonably with Tenant’s use of the Premises between the hours of 8:00 a.m. and 6:00 p.m. Monday through Friday and between the hours of 8:00 a.m. and 1:00 p.m. on Saturday, excluding all legal holidays (hereinafter “Business Hours”). Landlord further reserves the right to change the street address and the name of the Building at any time and from time to time upon sixty (60) days prior notice Exhibit "A." Any changes to Tenant, without liability to 's Plans shall be at Tenant's sole cost and expense.
Appears in 1 contract