Expansion Space Base Rent. The monthly Base Rent for the Expansion Space shall be as follows: YEAR TOTAL MONTHLY BASE RENT PER SQUARE FOOT TOTAL MONTHLY BASE RENT Months 1-3 $ 0.00 $ 0.00 Months 4-12 $ 2.17 $ 6,295.17 Year 2 $ 2.24 $ 6,498.24 Year 3 $ 2.30 $ 6,672.30 Year 4 $ 2.37 $ 6,875.37 Year 5 $ 2.44 $ 7,078.44 Year 6 $ 2.52 $ 7,310.52 The monthly Base Rent for the Current Premises (i.e., excluding the Expansion Space) shall remain as provided in the Lease.
Expansion Space Base Rent. Commencing on or about August 1, 1999, Lessee shall pay to Lessor base rent for the Expansion Space according to the rent schedule below: Time Period Per Month Per Term Per SF Per Yr ----------- --------- ---------- ------------- 08/01/99 to 10/31/99 $6,923.64 $20,770.91 $20.55 11/01/99 to 10/31/00 $7,092.10 $85,105.15 $21.05 11/01/00 to 10/31/01 $7,260.55 $87,126.65 $21.55 11/01/01 to 10/31/02 $7,429.01 $89,148.15 $22.05 11/01/02 to 10/31/03 $7,597.47 $91,169.65 $22.55 11/01/03 to 12/31/03 $7,765.93 $15,531.86 $23.05 Lessor TT ------------ Lessee BRS ------------
Expansion Space Base Rent. In addition to the Base Rent for the Premises set forth in Section 4 hereof, commencing on January 1, 2014 (the ‘Expansion Space Rent Commencement Date’) and continuing thereafter throughout the Expansion Space Term, Tenant covenants and agrees to pay to Landlord Base Rent for the Expansion Space in the following amounts (the ‘Expansion Space Base Rent’): Time Period Rate of Expansion Space Base Rent Per Square Foot Per Annum Rate of Expansion Space Base Rent Per Annum Rate of Expansion Space Monthly Base Rent 1/1/14-12/31/14 $ 35.96 $ 1,047,155.20 $ 87,262.93 Time Period Rate of Expansion Space Base Rent Per Square Foot Per Annum Rate of Expansion Space Base Rent Per Annum Rate of Expansion Space Monthly Base Rent 1/1/15- 12/31/15 $ 36.95 $ 1,075,984.00 $ 89,665.33 1/1/16-12/31/16 $ 37.97 $ 1,105,686.40 $ 92,140.53 1/1/17-12/31/17 $ 39.01 $ 1,135,971.20 $ 94,664.27 1/1/18-12/31/18 $ 40.08 $ 1,167,129.60 $ 97,260.80 The Expansion Space Base Rent shall be payable at the same times and in the same manner as set forth herein for the payment of Base Rent. There shall be no Free Rent Period with respect to the Expansion Space. Tenant shall be entitled to occupy the Expansion Space prior to the Expansion Space Rent Commencement Date without the obligation to pay Expansion Space Base Rent and without the obligation to pay any Operating Expenses with respect to the Expansion Space or any Real Estate Tax Expenses with respect to the Expansion Space.
Expansion Space Base Rent. In addition to the Base Rent ------------------------- for the Premises as set forth in Exhibit C hereof, commencing on the Expansion Space Commencement Date and continuing thereafter throughout the Expansion Space Term, Tenant covenants and agrees to pay to Landlord Base Rent for the Expansion Space in the following amounts (the `Expansion Space Base Rent'): Expansion Space Base Rent Per Expansion Space Square Foot Expansion Space Expansion Space Period Per Annum Base Rent Monthly Base Rent ----------------------- --------------------- -------------------- --------------------- 6/1/99 - 1/31/00 $[*] $[*] $[*] 2/1/00 - 1/31/01 $[*] $[*] $[*] 2/1/01 - 1/31/02 $[*] $[*] $[*] 2/1/02 - 1/31/03 $[*] $[*] $[*] 2/1/03 - 1/31/04 $[*] $[*] $[*] 2/1/04 - 1/31/05 $[*] $[*] $[*] 2/1/05 - 1/31/06 $[*] $[*] $[*] 2/1/06 - 1/31/07 $[*] $[*] $[*] 2/1/07 - 1/31/08 $[*] $[*] $[*] 2/1/08 - 1/31/09 $[*] $[*] $[*]
Expansion Space Base Rent. Effective as of the date hereof, Section 2.01 of the Lease is hereby deleted in its entirety and the following is inserted in its place:
Expansion Space Base Rent. (a) Effective as of the First Floor Expansion Space Commencement Date and continuing throughout the First Floor Expansion Space Term, Tenant shall pay monthly installments of Base Rent for the First Floor Expansion Space consisting of approximately 8,806 rentable square feet in the aggregate (not inclusive of the Current Premises or third Floor Expansion Space) to Landlord in accordance with the following schedule: Period/Months Base Rent FFESCD-12 $33,462.80* 13 -24 $34,466.84 25 -36 $35,500.68 37-TFESED $36,565.70 (b) Effective as of the Third Floor Expansion Space Commencement Date and continuing throughout the Third Floor Expansion Space Term, Tenant shall pay monthly installments of Base Rent for the Titird Floor Expansion Space consisting of approximately 24,875 rentable square feet (not inclusive of the Current Premises or First Floor Expansion Space) to Landlord in accordance with the following schedule; Period/Months Base Rent TFESCD-12 $94,525.00* 13 -24 $97,360.75 25 - 36 $100,281.57 37-TFESED $103,290.00 *Notwithstanding the foregoing, provided Tenant is not in default under the Amended Lease beyond any applicable notice and cure period, Landlord hereby agrees to xxxxx Tenant's obligation to pay (a) the monthly installment of Base Rent for the First Floor Expansion Space commencing on FFESCD and ending on June 25, 2019, inclusive, and (b) the monthly installment of Base Rent for the Third Floor Expansion Space commencing on TFESCD and for forty-five (45) days following the TFESCD, inclusive (such total amount of abated Monthly Base Rent being hereinafter referred, to as the "Abated Amount"). During such abatement period, Tenant will still "be responsible for the payment of all other monetary obligations under the Amended Lease.
Expansion Space Base Rent. As of the Expansion Space Commencement Date, the Base Rent payable with respect to the Expansion Space shall be the following: Months of Expansion Space Term Annual Rate Per Square Foot Monthly Base Rent 1-6 $0.99 $3,492.72 7-18 $1.85 $6,526.80 19-30 $1.90 $6,703.20 31-42 $1.95 $6,879.60
Expansion Space Base Rent. Subject to adjustment as provided in Article V of the Lease, as amended by this Second Addendum, the Base Rent for the Expansion Space shall mean: EXPANSION SPACE ANNUAL BASE RENT LEASE TERM MONTHLY BASE RENT ANNUAL BASE RENT PER SQUARE FOOT --------------- ----------------- ---------------- --------------- February 1, 1998 through $8,534.50 $102,414.00 $26.00 November 30, 1999
Expansion Space Base Rent. Commencing on April 1, 2009 (the “Expansion Space Rent Commencement Date”), and thereafter on the first day of each and every calendar month during the Expansion Space Term, Tenant shall pay Landlord Base Rent for the Expansion Space only (“Expansion Space Annual Base Rent”) in the following amounts, in equal monthly installments (“Expansion Space Monthly Base Rent”), in advance, as follows: Period Expansion Space Annual Base Rent Per Rentable Square Foot Expansion Space Annual Base Rent Expansion Space Monthly Base Rent 4/1/09 – 12/31/09 $ 12.00 $ 63,516.00 * $ 5,293.00 1/1/10 – 12/31/10 $ 12.36 $ 65,421.48 $ 5,451.79 1/1/11 – 12/31/11 $ 12.73 $ 67,379.89 $ 5,614.99 1/1/12 – 12/31/12 $ 13.11 $ 69,401.29 $ 5,783.44 1/1/13 – 12/31/13 $ 13.51 $ 71,483.33 $ 5,956.94 [*on an annualized basis] Tenant shall pay Landlord Expansion Space Annual Base Rent in accordance with the terms and conditions of Article 3 of the Original Lease (captioned, “Base Rent and Additional Rent”).
Expansion Space Base Rent. From and after the Expansion Space ------------------------- Commencement Date and continuing through the end of the Expansion Space Term, Section 1.01(8) of the Lease shall be amended to provide that the Base Rent for the Expansion Space shall be as set forth below, as adjusted pursuant to Article 4 of the Lease: Rate/SF Period Monthly Annually of Rentable Area ------ ------- -------- ---------------- Months 01 - 18 (18) $9,292.50 $111,510.00 $13.50 Months 19 - 54 (36) $9,980.83 $119,769.96 $14.50 Months 55 - 78 (24) $10,841.25 $130,095.00 $15.75 Months 79 - 114 (36) $11,701.67 $140,420.04 $17.00
