Expanded Premises. Landlord hereby leases the Additional Space to Tenant, and Tenant hereby leases the Additional Space from Landlord, on the same terms and conditions as set forth in the Lease, as supplemented hereby. From and after the "Extension Commencement Date" (as hereinafter defined), the "Premises" (as defined in the Lease) shall consist of the Premises described in the Lease as amended, together with the Additional Space described in Exhibit "1" to this Amendment.
Expanded Premises. Four (4) months of Operating Costs at the rate payable in months 85-89 of the Initial Term. (amount not yet known) For Example, if the Initial Premises contains 51,662 square feet of Rentable Area, and if the Expansion Premises contains 12,000 square feet of Rentable Area, and if the scheduled Operating Costs are $12.50 per square foot in Months 85-89, and if Expansion Space Commencement Date is the first day of Month 37 of the Initial Term, then the Termination Fee would be calculated as follows: Example Termination Fee Table: Termination Fee Item Unamortized Cost of TI’s or Allowance @ 8.5% Unamortized Cost of Brokerage Commissions @ 8.5% Four (4) Months Base Rent Following Lease Termination Four (4) Months Operating Costs Following Lease Termination Initial Premises $ 1,521,820 $ 291,682 $ 772,991 $ 215,258 * Expansion Space $ 247,441 ** $ 46,566 *** $ 179,560 **** $ 50,000 Subtotals: $ 1,769,221 $ 338,248 $ 952,541 $ 265,258 Total Example Termination Fee: $ 3,325,308 * The product of 51,662 rentable square feet (Initial Premises) multiplied by annual Operating Costs of $12.50 per square foot of Rentable Area, divided by 3 (i.e. four months Operating Costs). ** The unamortized amount (as of the end of month 84) of $630,000 ($52.50 multiplied by 00,000 xxxxxx xxxx xx Xxxxxxxx Xxxx) *** The unamortized amount (as of the end of month 84) of $118,560 ($9.88 multiplied by 00,000 xxxxxx xxxx xx Xxxxxxxx Xxxx) **** The product of 12,000 square feet of Rentable Area multiplied by $44.89, divided by 3 (ie. four months of Expansion Space Rent). **** The product of 12,000 square feet of Rentable Area (Expansion Space) multiplied by annual Operating Costs of $12.50 rentable square foot, divided by 3 (i.e. four months Operating Costs).
Expanded Premises. Effective as of August 1, 2008 (the “Effective Date”), the Premises (as described in Section A of Part I of the Lease) shall be increased by approximately 4,647 square feet of Rentable Area (4,041 usable square feet) on the second (2nd) floor of the Building known as Suite 260 (the “Expansion Space”), so that the increased Premises totals approximately 11, 005 square feet of Rentable Area (9,570 usable square feet) (the original Premises and the Expansion Space shall be collectively referred to herein as the “Expanded Premises”). The location of the Expansion Space is shown on the Floor Plan attached as Exhibit “A” to this Addendum No. 1. Tenant hereby accepts the Expanded Premises in its current “AS-IS” condition, without any additional modification, improvement or refurbishing by Landlord. The description of the Premises contained in Section A of Part I of the Lease is amended accordingly. Notwithstanding the above, the increase in the Rentable Area to include the Expansion Space is expressly contingent upon the termination of the lease for the current occupant of the Expansion Space (the “Prior Lease”). Landlord shall not be liable for a delay in Tenant’s occupancy of the Expansion Space due to Landlord’s inability to terminate the Prior Lease and to deliver possession of the Expansion Space by the Effective Date. The Landlord shall not be subject to any liability, including, without limitation, lost profits or incidental or consequential damages for any delay or inability to deliver possession of the Expansion Space to the Tenant.
Expanded Premises. Effective on the later of January 1, 1999, or the date upon which Landlord tenders possession of Suite 1209 to Tenant (the "Effective Date"), Suite 1209 shall be included as part of the Premises for all purposes under the lease. Tenant acknowledges that Suite 1209 is presently occupied by another tenant whom Landlord expects will vacate on or before December 31, 1998, but Landlord is making no representation or warranty in that regard. Notwithstanding anything to the contrary herein, if for any reason Landlord does not tender possession of Suite 1209 to Tenant on or before April 1, 1999, then Tenant shall have the right to cancel this Fifth Amendment to Lease (but not the balance of the Lease) by delivering to Landlord written notice of such cancellation at any time thereafter, provided that Tenant delivers such noticed cancellation to Landlord prior to Landlord's tender of possession of Suite 1209 to Tenant. Such right of cancellation of this Fifth Amendment to Lease shall be Tenant's sole remedy for Landlord's failure to tender possession of Suite 1209. Landlord reserves the right to cancel this Fifth Amendment to Lease prior to the Effective Date in the event of Landlord's failure for any reason to execute an agreement with the existing tenant in Suite 1209 concerning its vacation of Suite 1209 on terms acceptable to Landlord in its sole discretion.
Expanded Premises. Landlord and Tenant agree that Ten Thousand Two Hundred Seventy-Four (10,274) rentable square feet located on the eighth (8th) floor of the Building shall be added to the Original Premises at the times specified in Paragraph 4, below. The “Expanded Premises” shall consist of (i) the space commonly known as Suite 855, containing Three Thousand Three Hundred Sixty-Four (3,364) rentable square feet (“Suite 855”), (ii) the space commonly known as Suite 860, containing One Thousand Five Hundred Thirteen (1,513) rentable square feet (“Suite 860”), and (iii) the space commonly known as Suite 880, containing Five Thousand Three Hundred Ninety-Seven (5,397) rentable square feet (“Suite 880”). The Expanded Premises are shown in the approximate location and configuration as shown on Exhibit A attached hereto and incorporated herein by this reference. As used herein, Xxxxx 000, Xxxxx 000 and Suite 860 are sometimes individually called a “Suite” and are collectively called the “Suites”. From and after the commencement of the lease of the various Suites, as set forth in Paragraph 4, below, the applicable Suite(s) plus the Original Premises shall be deemed to be the Premises for all purposes under the Lease. The Lease (including Section 2.2 of the Summary of Basic Lease Information) is hereby amended accordingly.
Expanded Premises. From and after delivery of possession of Xxxxx 00, Xxxxx 00 xxxxx xx considered part of the Premises through the balance of the Term, including any extension or renewal of the Term. Landlord shall deliver possession of Floor 35 to Tenant on the later of (a) October 1, 2016, or (b) the date on which the current occupant surrenders possession thereof to Landlord but in no event later than April 1, 2017, provided that Landlord shall use commercially reasonable efforts to deliver possession of Floor 35 to Tenant as close to October 1, 2016 as possible. Landlord shall deliver possession of Floor 35 to Tenant in its “as is” condition except that prior to delivery a barrier will be installed at the top of the stairwell connecting Floors 35 and 36 in a design approved by Landlord at no cost to Tenant. Landlord shall not be required to make or contribute any funds toward the cost of any improvements or alterations to such space except as expressly set forth in this Amendment. Except as otherwise provided in this Amendment, all of the terms and conditions of the Lease applicable to Floor 32 set forth in the First Amendment shall apply to Floor 35. The parties agree that Floor 35 contains 22,694 square feet of Rentable Area.
Expanded Premises. Effective as of November 15, 2014 (the “Effective Date”), the Premises (as described in Section A of Part I of the Lease) shall be increased by approximately 3,777 square feet of Rentable Area (3,284 usable square feet) on the first (1st) floor of the Building known as Suite 100 (the “Expansion Space”), so that the increased Premises totals approximately 31,981 square feet of Rentable Area (27,560 usable square feet). The location of the Expansion Space is shown on the Floor Plan attached as Exhibit “A” to this Addendum No. 7 (the Premises and the Expansion Space shall be collectively referred to herein as the “Expanded Premises”). Tenant hereby accepts the Expanded Premises in its current “AS-IS” condition, without any additional modification, improvement or refurbishing by Landlord. The description of the Premises contained in Section A of Part I of the Lease, as previously amended, is amended accordingly. The Landlord shall not be subject to any liability, including, without limitation, lost profits or incidental or consequential damages for any delay or inability to deliver possession of the Expansion Space to the Tenant, provided, however, that the Effective Date shall be postponed until the date that Landlord is able to deliver possession of the Expansion Space to the Tenant.
Expanded Premises. Commencing on the Additional Premises Commencement Date (as defined below), Landlord hereby leases to Tenant and Tenant hereby leases from Landlord, that certain real property located at 46 Galli Drive, Novato, California containing 69,849 xxxxxxxx xxxxxx feet (i.e., the Expanded Premises( upon all of the terms and conditions set forth in the Lease, as the same are amended by this First Amendment.
Expanded Premises. For all purposes hereunder, following the construction of the Connector Building, whenever reference is made in the Lease to the “Premises”, “Project”, “premises”, “leased premises”, “Building” or “entire premises”, it shall include the Connector Building.
Expanded Premises. Landlord and Tenant hereby acknowledge and agree that the Expansion Premises C Commencement Date occurred on July 1, 2014, and, as such, retroactively effective as of July 1, 2014 all references in the Lease to (i) the “Premises” shall mean, in the aggregate, the Current Premises (as defined in the First Amendment), Expansion Premises A, Expansion Premises B, and Expansion Premises C, which comprise 662,087 rentable square feet, and (ii) “Tenant’s Share” shall mean one hundred percent (100%).
