Common use of Expansion and Effective Date Clause in Contracts

Expansion and Effective Date. Effective as of the Expansion Effective Date (defined below), the Premises, as defined in the Lease, shall be increased from 49,750 rentable square feet on the second (2nd) and third (3rd) floors of the Building to 59,674 rentable square feet on the first (1st), second (2nd) and third (3rd) floors of the Building by the addition of the Additional Expansion Space. From and after the Expansion Effective Date, references in the Lease to the Premises shall be deemed to refer to the Original Premises and the Additional Expansion Space, collectively. The Term for the Additional Expansion Space shall commence on the Expansion Effective Date, and end on the expiration of the Term, which, unless sooner terminated in accordance with the Lease, shall mean September 30, 2019 (“Termination Date”). The Additional Expansion Space is subject to all the terms and conditions of the Lease (including, without limitation, the Right of First Offer, as set forth in Section VII of the Third Amendment), except as expressly modified herein, and except that Tenant shall not be entitled to receive any allowances, abatements or other financial concessions granted with respect to the Original Premises unless such concessions are expressly provided for herein with respect to the Additional Expansion Space.

Appears in 3 contracts

Samples: Office Lease Agreement (Imprivata Inc), Office Lease Agreement (Imprivata Inc), Office Lease Agreement (Imprivata Inc)

AutoNDA by SimpleDocs

Expansion and Effective Date. Effective as of A. For the period commencing on the Expansion Effective Date and ending on the Expansion Termination Date (as such terms are hereinafter defined), the Premises is temporarily increased from 29,074 rentable square feet on the forty-third and thirty-seventh floors to 31,314 rentable square feet on the forty-third, thirty- seventh and forty-first floors by the addition of the Temporary Expansion Space, and during the Expansion Space Term (as defined below), the Original Premises and the Temporary Expansion Space, collectively, shall be deemed the Premises, as defined in the Lease, shall be increased from 49,750 rentable square feet on the second (2nd) and third (3rd) floors of the Building to 59,674 rentable square feet on the first (1st), second (2nd) and third (3rd) floors of the Building by the addition of the Additional Expansion Space. From and after the Expansion Effective Date, references in the Lease to the Premises shall be deemed to refer to the Original Premises and the Additional Expansion Space, collectively. The Term Lease term for the Additional Temporary Expansion Space (the "Expansion Space Term") shall commence on the Expansion Effective Date, Date and end on the expiration of the TermFebruary 28, which2002, unless sooner terminated in accordance with pursuant to the Lease, shall mean September 30, 2019 terms of the Lease (the "Expansion Termination Date"). The Additional Temporary Expansion Space is subject to all the terms and conditions of the Lease (including, without limitation, the Right of First Offer, as set forth in Section VII of the Third Amendment), except as expressly modified herein, herein and except that Tenant shall not be entitled to receive any allowances, abatements abatement or other financial concessions concession granted with respect to the Original Premises unless such concessions are expressly provided for herein with respect to the Additional Temporary Expansion Space.

Appears in 1 contract

Samples: Lease Agreement (Ragen Mackenzie Group Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.