Common use of Determination of Rent Clause in Contracts

Determination of Rent. For the purposes of calculating the Monthly Rent for the Extended Term, the fair market rent shall be equal to the net effective rent per rentable square foot being charged for leases executed within the preceding twelve (12) months for comparable space at either the Project (if any), or if there are none, for comparable space in office and research and development complexes located in the Redwood Shores area or the Menlo Oaks Business Park (located in Menlo Park, California), with terms comparable to the terms contained in this Lease, taking into consideration relevant factors such as the presence or absence of tenant improvement contributions by the lessor (but excluding the value of any tenant improvements paid for by Tenant), and incorporating increases in the Rent during the Extended Term, if appropriate. Any value added to the Premises by the Tenant Improvements and any Alterations paid for by Tenant shall not be considered or included in the determination of the fair market rent. The fair market rent shall be determined by mutual agreement of the parties or, if the parties are unable to agree within forty-five (45) days after Tenant's exercise of the Option to Extend, then fair market rent shall be determined pursuant to the procedure set forth in PARAGRAPHS 4.C. (v) and 4.C. (vi). The determination of the Monthly Rent for the Extended Term for the Premises shall take into account the fact that the Premises shall be leased in its shell condition with a tenant improvement allowance of Ten and 00/100 Dollars ($10.00)per square foot.

Determination of Rent. For the purposes of calculating the Monthly Rent for the Extended Term, the fair market rent shall be equal to the net effective rent per rentable square foot being charged for leases executed within the preceding twelve (12) months for comparable space at either the Project (if any), or if there are none, for comparable space in office and research and development complexes located in the Redwood Shores area or the Menlo Oaks Business Park (located in Menlo Park, California), with terms comparable to the terms contained in this Lease, taking into consideration relevant factors such as the presence or absence of tenant improvement contributions by the lessor (but excluding the value of any tenant improvements paid for by Tenant), and incorporating increases in the Rent during the Extended Term, if appropriate. Any value added to the Premises by the Tenant Improvements and any Alterations paid for by Tenant shall not be considered or included in the determination of the fair market rent. The fair market rent shall be determined by mutual agreement of the parties or, if the parties are unable to agree within forty-five (45) days after Tenant's ’s exercise of the Option to Extend, then fair market rent shall be determined pursuant to the procedure set forth in PARAGRAPHS 4.C. (v4.C.(v) and 4.C. (vi4.C.(vi). The determination of the Monthly Rent for the Extended Term for the Premises shall take into account the fact that the Premises shall be leased in its shell condition with a tenant improvement allowance of Ten and 00/100 Dollars ($10.00)per square footcondition.

Determination of Rent. For the purposes of calculating the Monthly Rent for the Extended Term, the fair market rent shall be equal to the net effective rent per rentable square foot being charged for leases executed within the preceding twelve (12) months for comparable space at either the Project (if any), or if there are none, for comparable space in office and research and development complexes located in the Redwood Shores area or the Menlo Oaks Business Park (located in Menlo Park, California), with terms comparable to the terms contained in this Lease, taking into consideration relevant factors such as the presence or absence of tenant improvement contributions by the lessor (but excluding the value of any tenant improvements paid for by Tenant), and incorporating increases in the Rent during the Extended Term, if appropriate. Any value added to the Premises by the Tenant Improvements and any Alterations paid for by Tenant shall not be considered or included in the determination of the fair market rent. The fair market rent shall be determined by mutual agreement of the parties or, if the parties are unable to agree within forty-five (45) days after Tenant's exercise of the Option to Extend, then fair market rent shall be determined pursuant to the procedure set forth in PARAGRAPHS 4.C. (v4.C.(V) and 4.C. (vi4.C.(VI). The determination of the Monthly Rent for the Extended Term for the Premises shall take into account the fact that the Premises shall be leased in its shell condition with a tenant improvement allowance of Ten and 00/100 Dollars ($10.00)per square foot.

Determination of Rent. For the purposes of calculating the Monthly Rent for the Extended Term, the fair market rent shall be equal to the net effective rent per rentable square foot being charged for leases executed within the preceding twelve (12) months for comparable space at either the Project (if any), or if there are none, for comparable space in office and research and development complexes located in the Redwood Shores area or the Menlo Oaks Business Park (located in Menlo Park, California), with terms comparable to the terms contained in this Lease, taking into consideration relevant factors such as the presence or absence of tenant improvement contributions by the lessor (but excluding the value of any tenant improvements paid for by Tenant), and incorporating increases in the Rent during the Extended Term, if appropriate. Any value added to the Premises by the Tenant Improvements and any Alterations paid for by Tenant shall not be considered or included in the determination of the fair market rent. The fair market rent shall be determined by mutual agreement of the parties or, if the parties are unable to agree within forty-five (45) days after Tenant's exercise of the Option to Extend, then fair market rent shall be determined pursuant to the procedure set forth in PARAGRAPHS 4.C. (v4.C.(v) and 4.C. (vi4.C.(vi). The determination of the Monthly Rent for the Extended Term for the Premises shall take into account the fact that the Premises shall be leased in its shell condition with a tenant improvement allowance of Ten and 00/100 Dollars ($10.00)per square footcondition.