Early Occupancy Period. Prior to the Lease Commencement Date (the “Early Access Period”), Tenant shall be permitted to enter the Premises for the sole purpose of planning for and constructing the Tenant Improvements, provided that (a) prior to Tenant’s entry in the Premises, Tenant shall furnish to Landlord certificates of insurance satisfactory to Landlord evidencing Tenant’s compliance with the requirements of Section 10.3 below; and (b) Tenant’s work during the Early Access Period shall comply with the requirements of the Tenant Work Letter. Tenant’s occupancy of the Premises during the Early Access Period shall be subject to all of the terms, covenants and conditions of this Lease, including Tenant’s indemnity obligations set forth in Section 10.1 below, except that Landlord agrees that Tenant’s obligation to pay Base Rent and “Tenant’s Share” of the annual “Direct Expenses”, as those terms are defined in Section 4.2.5 and Section 4.2.1, below, respectively, shall be waived. Tenant shall, however, pay the cost of all utilities and other services provided to the Premises prior to the Lease Commencement Date that are required by reason of Tenant’s early occupancy. Landlord shall use commercially reasonable efforts to cause the Base Building Work to be completed no later than the Lease Commencement Date set forth in Section 3.2 of the Summary.
Appears in 1 contract
Sources: Office Lease (KBS Real Estate Investment Trust II, Inc.)
Early Occupancy Period. Prior to the Lease Commencement Date (the “"Early Access Period”"), Tenant shall be permitted to enter the Premises for the sole purpose of planning for and constructing the Tenant Improvements, provided that (a) prior to Tenant’s 's entry in the Premises, Tenant shall furnish to Landlord certificates of insurance satisfactory to Landlord evidencing Tenant’s 's compliance with the requirements of Section 10.3 below; and (b) Tenant’s 's work during the Early Access Period shall comply with the requirements of the Tenant Work Letter. Tenant’s 's occupancy of the Premises during the Early Access Period shall be subject to all of the terms, covenants and conditions of this Lease, including Tenant’s 's indemnity obligations set forth in Section 10.1 below, except that Landlord agrees that Tenant’s 's obligation to pay Base Rent and “"Tenant’s 's Share” " of the annual “"Direct Expenses”", as those terms are defined in Section 4.2.5 and Section 4.2.1, below, respectively, shall be waived. Tenant shall, however, pay the cost of all utilities and other services provided to the Premises prior to the Lease Commencement Date that are required by reason of Tenant’s 's early occupancy. Landlord shall use commercially reasonable efforts to cause the Base Building Work to be completed no later than the Lease Commencement Date set forth in Section 3.2 of the Summary.
Appears in 1 contract
Sources: Office Lease (Netgear, Inc)