Common use of Expansion and Effective Date Clause in Contracts

Expansion and Effective Date. A. The Term for the Suite 250 Expansion Space shall commence (“Suite 250 Expansion Effective Date”) on the earlier of (a) the date the Suite 250 Expansion Space is deemed ready for occupancy pursuant to Section I.B below, or (b) the date Tenant commences its business activities within the Suite 250 Expansion Space, and shall expire on December 31, 2017 (the “Suite 250 Expiration Date”). The Suite 250 Expansion Effective Date is estimated to be February 15, 0000 (“Xxxxx 000 Estimated Expansion Effective Date”). Promptly following request by Landlord, the parties shall memorialize on a form provided by Landlord (the "Suite 250 Expansion Effective Date Memorandum") the actual Suite 250 Expansion Effective Date; should Tenant fail to execute and return the Suite 250 Expansion Effective Date Memorandum to Landlord within 5 business days (or provide specific written objections thereto within that period), then Landlord's determination of the Suite 250 Expansion Effective Date as set forth in the Suite 250 Expansion Effective Date Memorandum shall be conclusive. Effective as of the Suite 250 Expansion Effective Date, the Premises, as defined in the Lease, shall be increased from 11,107 rentable square feet to 14,687 rentable square feet by the addition of the Suite 250 Expansion Space.

Appears in 1 contract

Samples: Eleventh Amendment (Neothetics, Inc.)

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Expansion and Effective Date. A. The Term for the Suite 250 Expansion Space shall commence (“Suite 250 Expansion Effective Date”) on the earlier of (a) the date the Suite 250 Expansion Space is deemed ready for occupancy pursuant to Section I.B below, or (b) the date Tenant commences its business activities within the Suite 250 Expansion Space, and shall expire on December 31upon the Expiration Date (i.e., 2017 (the “Suite 250 Expiration Date”September 30, 2019). The Suite 250 Expansion Effective Date is estimated to be February 15August 1, 0000 2016 (“Xxxxx 000 Estimated Expansion Effective Date”). Promptly following request by Landlord, the parties shall memorialize on a form provided by Landlord (the "Suite 250 Expansion Effective Date Memorandum") the actual Suite 250 Expansion Effective Date; should Tenant fail to execute and return the Suite 250 Expansion Effective Date Memorandum to Landlord within 5 10 business days (or provide specific written objections thereto within that period), then Landlord's determination of the Suite 250 Expansion Effective Date as set forth in the Suite 250 Expansion Effective Date Memorandum shall be conclusive. Effective as of the Suite 250 Expansion Effective Date, the Premises, as defined in the Lease, shall be increased from 11,107 47,000 rentable square feet to 14,687 58,177 rentable square feet by the addition of the Suite 250 Expansion Space.

Appears in 1 contract

Samples: Lease (Intercept Pharmaceuticals Inc)

Expansion and Effective Date. A. The Term for the Suite 250 Expansion Space shall commence (“Suite 250 Expansion Effective Date”) on the earlier of (a) the date the Suite 250 Expansion Space is deemed ready for occupancy pursuant to Section I.B below, or (b) the date Tenant commences its business activities within the Suite 250 Expansion Space, and shall expire on December 31upon the Extended Expiration Date of the Lease, 2017 (the “Suite 250 Expiration Date”)as defined below. The Suite 250 Expansion Effective Date is estimated to be February 15May 1, 0000 2013 (“Xxxxx 000 Estimated Expansion Effective Date”). Promptly following request by Landlord, the parties shall memorialize on a form provided by Landlord (the "Suite 250 Expansion Effective Date Memorandum") the actual Suite 250 Expansion Effective Date; should Tenant fail to execute and return the Suite 250 Expansion Effective Date Memorandum to Landlord within 5 five (5) business days (or provide specific written objections thereto within that period), then Landlord's determination of the Suite 250 Expansion Effective Date as set forth in the Suite 250 Expansion Effective Date Memorandum shall be conclusive. Effective as of the Suite 250 Expansion Effective Date, the Premises, as defined in the Lease, shall be increased from 11,107 7,610 rentable square feet on the 9th floor to 14,687 12,699 rentable square feet on the 9th floor by the addition of the Suite 250 Expansion Space.

Appears in 1 contract

Samples: First Amendment (Intercept Pharmaceuticals Inc)

Expansion and Effective Date. A. The Term for the Suite 250 Expansion Space shall commence (“Suite 250 Expansion Effective Date”) on the earlier of (a) the date the Suite 250 Expansion Space is deemed ready for occupancy pursuant to Section I.B below, or (b) the date Tenant commences its business activities within the Suite 250 Expansion Space, and shall expire on December 31, 2017 upon the Extended Expiration Date (the “Suite 250 Expiration Date”hereinafter defined). The Suite 250 Expansion Effective Date is estimated to be February 151, 0000 2019 (“Xxxxx 000 Estimated Expansion Effective Date”). Promptly following request by Landlord, the parties shall memorialize on a form provided by Landlord (the "Suite 250 Expansion Effective Date Memorandum") the actual Suite 250 Expansion Effective Date; should Tenant fail to execute and return the Suite 250 Expansion Effective Date Memorandum to Landlord within 5 five (5) business days (or provide specific written objections thereto within that period), then Landlord's ’s determination of the Suite 250 Expansion Effective Date as set forth in the Suite 250 Expansion Effective Date Memorandum shall be conclusive. Effective as of the Suite 250 Expansion Effective Date, the Premises, as defined in the Lease, shall be increased from 11,107 11,173 rentable square feet to 14,687 14,816 rentable square feet by the addition of the Suite 250 Expansion Space.

Appears in 1 contract

Samples: Lease (TuSimple Holdings Inc.)

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Expansion and Effective Date. A. The Term for the Suite 250 Expansion Space shall commence (“Suite 250 "Expansion Effective Date") on the earlier of (a) the date the Suite 250 Expansion Space is deemed ready for occupancy pursuant to Section I.B below, or (b) the date Tenant commences its regular business activities within the Suite 250 Expansion Space, and shall expire on December upon the Expiration Date (i.e., July 31, 2017 (the “Suite 250 Expiration Date”2023). The Suite 250 Expansion Effective Date is estimated to be February 15, 0000 45 days following the full and final execution of this Amendment (“Xxxxx 000 "Estimated Expansion Effective Date"). Promptly following request by Landlord, the parties shall memorialize on a form provided by Landlord (the "Suite 250 Expansion Effective Date Memorandum") the actual Suite 250 Expansion Effective Date; should Tenant fail to execute and return the Suite 250 Expansion Effective Date Memorandum to Landlord within 5 business days (or provide specific written objections thereto within that period), then Landlord's determination of the Suite 250 Expansion Effective Date as set forth in the Suite 250 Expansion Effective Date Memorandum shall be conclusive. Effective as of the Suite 250 Expansion Effective Date, the Premises, as defined in the Lease, shall be increased from 11,107 20,679 rentable square feet to 14,687 25,820 rentable square feet by the addition of the Suite 250 Expansion Space.

Appears in 1 contract

Samples: First Amendment (Turning Point Therapeutics, Inc.)

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