Fourth Added Premises Sample Clauses
The 'Fourth Added Premises' clause defines the addition of a fourth set of premises to an existing agreement, typically in the context of property leases or contracts involving multiple locations. This clause specifies the details of the new premises, such as their address, size, and the terms under which they are incorporated into the agreement. By formally including these additional premises, the clause ensures that both parties are clear on the rights and obligations related to the new space, thereby preventing disputes and providing a structured process for expanding the scope of the contract.
Fourth Added Premises. In addition to paying the Base Rent specified in Paragraph 2 hereof, Tenant shall pay as "additional rent" with respect to the Fourth Added Premises an amount determined in accordance with the provisions of Paragraph 4 of the Original Lease based upon: (i) the "Operating Expense Base Amount" meaning the amount (on a per rentable square foot basis), of Operating Expenses incurred by Landlord during Calendar Year 2005, as they may be adjusted pursuant to Subparagraph 4(a)(vii)(A) of the Original Lease, and (ii) the "Tax Base Amount" meaning the amount (on a per rentable square foot basis) of Taxes incurred by Landlord during Calendar Year 2005. Tenant's Proportionate Share with respect to the Fourth Added Premises shall mean 1.32% (6,772/514,000).
Fourth Added Premises approximately 6,772 rentable square feet located on the 16th Floor of the Building (more particularly described on Exhibit B-5 hereto);
Fourth Added Premises. Effective as of the date (the "Fourth Added Premises Commencement Date"), the Fourth Added Premises are Ready for Occupancy (hereinafter defined) or would have been Ready for Occupancy in the absence of any FAP Tenant Delay (hereinafter defined), the Fourth Added Premises shall be added to the Premises for the balance of the Tenn, upon and subject to all of the terms, covenants and conditions of the Lease, as amended herein. Landlord and Tenant acknowledge that the Premises will consist of approximately 102,883 square feet of rentable area after the addition of the Fourth Added Premises.