Common use of Inducement Recapture Clause in Contracts

Inducement Recapture. Any agreement for free or abated rent or other charges, the cost of tenant improvements for Lessee paid for or performed by Lessor, or for the giving or paying by Lessor to or for Lessee of any cash or other bonus, inducement or consideration for Lessee’s entering into this Lease, all of which concessions are hereinafter referred to as “Inducement Provisions,” shall be deemed conditioned upon Lessee’s full and faithful performance of all of the terms, covenants and conditions of this Lease. Upon Breach of this Lease by Lessee, any such Inducement Provision shall automatically be deemed deleted from this Lease | INITIALS INITIALS and of no further force or effect, and the unamortized value (amortized over the initial term) of any rent, other charge, bonus, inducement or consideration theretofore abated, given or paid by Lessor under such an Inducement Provision shall be immediately due and payable by Lessee to Lessor, notwithstanding any subsequent cure of said Breach by Lessee. The acceptance by Lessor of rent or the cure of the Breach which initiated the operation of this paragraph shall not be deemed a waiver by Lessor of the provisions of this paragraph unless specifically so stated in writing by Lessor at the time of such acceptance.

Inducement Recapture. Any agreement for free or abated rent or other charges, charges (to the cost of tenant improvements for Lessee paid for or performed extent not repaid by LessorSubtentant to Sublandlord), or for the giving or paying by Lessor Sublandlord to or for Lessee Subtenant of any cash or other bonus, inducement or consideration for Lessee’s Subtenant's entering into this LeaseSublease, all of which concessions are hereinafter referred to as “"Inducement Provisions,” ", shall be deemed conditioned upon Lessee’s Subtenant's full and faithful performance of all of the terms, covenants and conditions of this LeaseSublease. Upon Breach of this Lease Sublease by LesseeSubtenant which results in the termination of this Sublease, any such Inducement Provision shall automatically be deemed deleted from this Lease | INITIALS INITIALS Sublease and of no further force or effect, and the unamortized value (amortized over the initial term) of any rent, other charge, bonus, inducement or consideration theretofore abated, given or paid by Lessor Sublandlord under such an Inducement Provision less any Abatement Reimbursement Rent paid pursuant to Paragraph 3.3 shall be immediately due and payable by Lessee Subtenant to Lessor, notwithstanding any subsequent cure of said Breach by LesseeSublandlord. The acceptance by Lessor Sublandlord of rent or the cure of the Breach which initiated the operation of this paragraph shall not be deemed a waiver by Lessor Sublandlord of the provisions of this paragraph with respect to any future Breach unless specifically so stated in writing by Lessor Sublandlord at the time of such acceptance.

Inducement Recapture. Any agreement by Landlord for free free, abated or abated deferred rent or other charges, charges applicable to the cost of tenant improvements for Lessee paid for or performed by LessorPremises, or for the giving or paying by Lessor Landlord to or for Lessee Tenant of any cash or other bonus, inducement or consideration for Lessee’s Tenant's entering into this LeaseLease (collectively, all of which concessions are hereinafter referred to as “any "Inducement Provisions,” ") shall be deemed conditioned upon Lessee’s Tenant's full and faithful performance of all of the terms, covenants and conditions of this LeaseLease to be performed or observed by Tenant. Upon Breach the occurrence of this Lease any Default hereunder by LesseeTenant, any such Inducement Provision Provisions shall automatically be deemed deleted from this Lease | INITIALS INITIALS and of no further force or effect, and the unamortized value (amortized over the initial term) of any rent, other charge, bonus, inducement or consideration theretofore previously abated, deferred, given or paid by Lessor Landlord under such an Inducement Provision Provisions shall be immediately due and payable by Lessee Tenant to LessorLandlord as additional rent hereunder, notwithstanding any subsequent cure of said Breach breach by LesseeTenant. The acceptance by Lessor Landlord of rent or the cure of the Breach which Default that initiated the Initials: /s/ EM /s/ WB 20 operation of this paragraph shall not be deemed a waiver by Lessor Landlord of the provisions of this paragraph unless specifically so stated in writing by Lessor Landlord at the time of such acceptance. Landlord acknowledges that there are no Inducement Provisions in connection with this Lease.

Inducement Recapture. Any agreement by Landlord for free free, abated or abated deferred rent or other charges, charges applicable to the cost of tenant improvements for Lessee paid for or performed by LessorPremises, or for the giving or paying by Lessor Landlord to or for Lessee Tenant of any cash or other bonus, inducement or consideration for Lessee’s Tenant's entering into this LeaseLease (collectively, all of which concessions are hereinafter referred to as “any "Inducement Provisions,” ") shall be deemed conditioned upon Lessee’s Tenant's full and faithful performance of all of the terms, covenants and conditions of this LeaseLease to be performed or observed by Tenant. Upon Breach the occurrence of this Lease any Default hereunder by LesseeTenant, any such Inducement Provision Provisions shall automatically be deemed deleted from this Lease | INITIALS INITIALS and of no further force or effect, and the unamortized value (amortized over the initial term) of any rent, other charge, bonus, inducement or consideration theretofore previously abated, deferred, given or paid by Lessor Landlord under such an Inducement Provision Provisions shall be immediately due and payable by Lessee Tenant to LessorLandlord as additional rent hereunder, notwithstanding any subsequent cure of said Breach breach by LesseeTenant. The acceptance by Lessor Landlord of rent or the cure of the Breach which Default that initiated the operation of this paragraph shall not be deemed a waiver by Lessor Landlord of the provisions of this paragraph unless specifically so stated in writing by Lessor Landlord at the time of such acceptance. Landlord acknowledges that there are no Inducement Provisions in connection with this Lease.

Inducement Recapture. Any agreement by Landlord for free or abated rent or other charges, charges applicable to the cost of tenant improvements for Lessee paid for or performed by LessorLeased Premises, or for the giving or paying by Lessor Landlord to or for Lessee Tenant of any cash or other bonus, inducement or consideration for LesseeTenant’s entering into this Lease, including, but not limited to, any free rent or tenant improvement or finish allowance, all of which concessions are hereinafter referred to as “Inducement Provisions,” shall be deemed conditioned upon LesseeTenant’s full and faithful performance of all of the terms, covenants and conditions of this LeaseLease to be performed or observed by Tenant during the Term hereof as the same may be extended. Upon Breach the occurrence of a default (as defined in Article 14) of this Lease by LesseeTenant, (a) any such Inducement Provision shall automatically be deemed deleted from this Lease | INITIALS INITIALS and of no further force or effect, and (b) the unamortized value (amortized over the initial term) portion of any rentRent, other charge, bonus, inducement or consideration theretofore abated, given or paid by Lessor Landlord under such an Inducement Provision Provision, shall be immediately due and payable by Lessee Tenant to LessorLandlord, and recoverable by Landlord, as Additional Rent due under this Lease, notwithstanding any subsequent cure of said Breach event of default by LesseeTenant. The acceptance by Lessor Landlord of rent Rent or the cure of the Breach event of default which initiated the operation of this paragraph Section 17.21 shall not be deemed a waiver by Lessor Landlord of the provisions of this paragraph Section 17.21 unless specifically so stated in writing by Lessor Landlord at the time of such acceptance.

Inducement Recapture. Any agreement for free or abated rent or other charges, the cost of tenant improvements for Lessee paid for or performed by Lessor, or for the giving or paying by Lessor Sublandlord to or for Lessee Subtenant of any cash or other bonus, inducement or consideration for LesseeSubtenant’s entering into this LeaseSublease, including but not limited to the waiver of rent during he period proceeding the Rent Commencement Date, all of which concessions are hereinafter referred to as “Inducement Provisions,” ”, shall be deemed conditioned upon LesseeSubtenant’s full and faithful performance of all of the terms, covenants and conditions of this LeaseSublease. Upon Breach of this Lease Sublease by LesseeSubtenant, unless such Breach if fully cured to Sublandlord’s satisfaction within ten (10) business days after the occurrence of such Breach, any such Inducement Provision shall automatically be deemed deleted from this Lease | INITIALS INITIALS Sublease and of no further force or effect, and the unamortized value (amortized over the initial term) of any rent, other charge, bonus, inducement or consideration theretofore abated, given or paid by Lessor Sublandlord under such an Inducement Provision shall be immediately due and payable by Lessee Subtenant to Lessor, notwithstanding any subsequent cure of said Breach by LesseeSublandlord. The acceptance by Lessor Sublandlord of rent or the cure of the Breach which initiated the operation of this paragraph shall not be deemed a waiver by Lessor Sublandlord of the provisions of this paragraph unless specifically so stated in writing by Lessor Sublandlord at the time of such acceptance.

Inducement Recapture. Any agreement for free or abated rent or other charges, charges (to the cost of tenant improvements for Lessee paid for or performed extent not repaid by LessorSubtenant to Sublandlord), or for the giving or paying by Lessor Sublandlord to or for Lessee Subtenant of any cash or other bonus, inducement or consideration for Lessee’s Subtenant's entering into this LeaseSublease, all of which concessions are hereinafter referred to as “"Inducement Provisions,” ", shall be deemed conditioned upon Lessee’s Subtenant's full and faithful performance of all of the terms, covenants and conditions of this LeaseSublease. Upon Breach of this Lease Sublease by LesseeSubtenant which results in the termination of this Sublease, any such Inducement Provision shall automatically be deemed deleted from this Lease | INITIALS INITIALS Sublease and of no further force or effect, and the unamortized value (amortized over the initial term) of any rent, other charge, bonus, inducement or consideration theretofore abated, given or paid by Lessor Sublandlord under such an Inducement Provision less any Abatement Reimbursement Rent paid pursuant to Paragraph 3.3 shall be immediately due and payable by Lessee Subtenant to Lessor, notwithstanding any subsequent cure of said Breach by LesseeSublandlord. The acceptance by Lessor Sublandlord of rent or the cure of the Breach which initiated the operation of this paragraph shall not be deemed a waiver by Lessor Sublandlord of the provisions of this paragraph with respect to any future Breach unless specifically so stated in writing by Lessor Sublandlord at the time of such acceptance.