Initial Space Sample Clauses
The "Initial Space" clause defines the specific area or premises that are being leased to the tenant at the start of the lease agreement. It typically describes the exact location, size, and boundaries of the leased space, often referencing a floor plan or suite number within a larger building. This clause ensures both parties are clear about which portion of the property is included in the lease, preventing disputes over space usage and establishing the tenant's rights to occupy and use that defined area.
Initial Space. Subject to the occurrence of a Force Majeure Delay or a Tenant Delay (both hereinafter defined), Landlord agrees to substantially complete the construction of the Initial Space Finish Work by June 1, 1997 (the "Estimated Commencement Date"). In the event of a Force Majeure Delay or a Tenant Delay, the Estimated Commencement Date shall be extended one (1) day for every day of such delay. If Landlord is delayed in completing such construction by the Estimated Commencement Date for any reason other than a Force Majeure Delay or a Tenant Delay, then the delay in commencement of Tenant's obligation to pay rent under the Lease for that portion of the Initial Space which is untenable until ten (10) days after substantial completion of the Initial Space Finish Work, shall constitute full settlement of all claims that Tenant may have against Landlord based on such a delay. Likewise, if Landlord is delayed in completing such construction by the Estimated Commencement Date due to the occurrence of a Force Majeure Delay, then the delay in commencement of Tenant's obligation to pay rent under the Lease for that portion of the Initial Space which is untenable until ten (10) days after substantial completion of the Initial Space Finish Work, shall constitute full settlement of all claims that Tenant may have against Landlord based on such a delay. However, if Landlord is unable to complete the Initial Space Finish Work by the Estimated Commencement Date due to a Tenant Delay or due to any other cause related to the acts, neglects, failures or omissions of Tenant, Tenant's servants, employees, agents or representatives, then Tenant's rental obligations under the Lease with respect to the Initial Space shall begin on the date on which Landlord would have delivered possession of the Initial Space to Tenant absent such Tenant Delay, and such date shall be the Initial Space Commencement Date.
Initial Space. Section 1.1 Landlord..............................................Preamble; Section 20.4 Lease...............................................................
Initial Space. 1 1.1(c) Landlord............................. 1, 12 opening (P), 24.12 Landlord's Mortgagee................. 9 19.1 Laws................................. 13 24.18(b) Lease Year........................... 2 4 Liabilities.......................... 13 24.18(c) Liens................................ 5 13.4 Notices.............................. 12 24.16
Initial Space. Date Annual Base Rent Per Rentable Square Food ---- ----------------------------------------- Until 08/31/2002 $ 11.45 09/01/2002 - 03/31/2005 14.00 04/01/2005 - 03/31/2008 15.00 04/01/2008 - 03/31/2011* 16.00 Starting 04/01/2011 and every 3 years thereafter during the term (i.e., on 04/01/2014, 04/01/2017, etc.), annual base rent for this space increases by $1.00 per square foot * Note: Although the above schedule covers a longer period, the initial term for Initial Space and Additional space expires 03/31/2009, unless extended or terminated earlier per this Lease.
Initial Space. On the Expansion Space Commencement Date, Landlord shall deliver and Tenant shall accept possession of the Expansion Space. Except as otherwise specifically provided in this Lease, Tenant agrees to accept possession of the Initial Space and Expansion Space in their then existing condition, subject to all Restrictions and without representation or warranty by Landlord, express or implied.
Initial Space. 5.1.1 VGSI shall initially be allocated space ("Initial Space") as follows: -------- * Confidential treatment has been requested from the Securities and Exchange Commission. Omitted portions.
5.1.2 VGSI shall receive [*]m2 of Initial Space at the Paris POP by 3 April 2001. FLAG Atlantic shall make commercially reasonable efforts to make available to VGSI the remaining [*]m2 ("Remaining Space"), as space adjacent to that occupied by VGSI at the Paris POP by 1 June 2001. If FLAG Atlantic is unable to procure adjacent space to VGSI pursuant to this clause, VGSI will accept non-adjacent space of the same size.
5.1.3 The charges ([*] fees and [*] Fees) for the Initial Space in the Paris POP shall be prorated with reference to the amount of space actually available to VGSI starting on the Commencement Date for the Paris POP until the Remaining Space is made available. On delivery of the Remaining Space, VGSI will pay the balance of the [*] Fees and shall begin paying the [*] Fees for the entire Initial Space.