LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Lease, Landlord and Tenant are also executing an amendment no. 1 dated September 9, 1999 to existing Lease Agreement dated May 26, 1998 (hereinafter referred to as the "Existing Lease") affecting property located at 1200 Xxxxxx Xxxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxx xxx (ii) it is the intention of the parties that the term of this Lease be co-terminous with the term of the Existing Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the Existing Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leases.
LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Lease, Landlord and Tenant are also executing a second Lease Agreement dated October 26, 1999 (hereinafter referred to as the "Building 19 Lease") affecting adjacent property located at 3600 Xxxxxx Xxxxxxx, Xxxxxxx Xxxx xxx (ii) it is the intention of the parties that the term of this Lease be co-terminous with the term of the Building 19 Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 19 "
LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Lease for Building 5, Landlord and Tenant are also executing a separate lease agreement dated May 16, 2005 (hereinafter referred to as the “Building 6 Lease”) affecting adjacent property located at 6000 Xxxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx and an Option Agreement (as referenced in Paragraph 47 (“Option to Lease Adjacent Property”) below and (ii) it is the intention of the parties that the Termination Date of this Lease be co-terminous with the term of the Building 6 Lease such that the terms of both leases expire on the same date, subject however to the early termination of this Lease resulting from the terms and conditions stated under Paragraph 21 (“Bankruptcy and Default”) and Landlord’s option to terminate the Building 6 Lease as stated in Paragraph 45 (“Cross Default”). It is agreed to by the parties hereto that a termination of this Lease resulting from Paragraph 23 (“Destruction”) or Paragraph 24 (“Eminent Domain”) shall not result in a termination of the Building 6 Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leases. In the event Tenant exercises its Option to Lease Building 3 pursuant to the Option Agreement , the Term of this Lease and the Building 6 Lease shall be co-terminous with the Building 3 Lease entered into pursuant to the Option as referenced in Paragraph 47 (“Option to Lease Adjacent Property”).
LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Amendment No. 3, Landlord and Tenant are also executing a lease dated June 23, 1993 affecting adjacent property located at 000X Xxxxxxxxxxx Xxxx, Xxxxxxxx Xxxx, Xxxxxxxxxx, and (ii) it is the intention of the parties that the term of said Lease Agreement dated August 17, 1990 be co-terminous with the term of Lease Agreement dated June 23, 1993, such that the terms of Lease Agreement dated June 23, 1993 and Lease Agreement dated August 17, 1990 expire on the same date. Therefore, it is acknowledged that the implementation of this paragraph shall result in an extension of the term of Lease Agreement dated August 17, 1990, in which event Tenant's monthly Basic Rent shall increase at the rate of $.05 per square foot on January 1, 2001 and shall remain at that rate thereafter including any extensions in the Lease terms as provided in Paragraph 3 herein. As soon as the commencement date of Lease Agreement dated June 23, 1993 has been determined following completion of improvements and satisfaction of other appropriate conditions, the parties shall execute, if necessary, an amendment to Lease Agreement dated August 17, 1990 establishing the applicable termination date of said lease in accordance with the foregoing provisions of this paragraph.
LEASE TERMS CO-TERMINOUS. It is hereby acknowledged that (i) Landlord and Tenant have previously executed two separate lease agreements, dated November 1, 1995 for premises located at 3940 Xxxxxxx Xxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx (xxreinafter referred to as the "Marriott A Lease") and dated January 29, 1997 for premises located at 2540 Xxxxxxx Xxxxxxx Xxxx., Xxxxx Xxxxx, Xxxxxxxxxx (xxreinafter referred to the "Marriott B Lease"), (ii) concurrently with the execution of this Amendment, Landlord and Tenant shall execute a separate lease agreement, dated April 2, 1998, for premises located at 2560 Xxxxxxx Xxxxxxx Xxxx., Xxxxx Xxxxx Xxxxxxxxxx (xxe "Marriott C Lease") and (iii) it is the intention of the parties that the Term of this Lease be co-terminous with the terms of the Marriott A Lease, the Marriott B Lease and the Marriott C Lease (collectively the "Marriott A, B, and C Leases") such that the terms of all leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 ("Bankruptcy and Default") (subject to Landlord's option as stated below and in the Marriott A, B and C Leases' "Cross Default Paragraph) or Paragraph 24 ("Destruction") or Paragraph 25 ("Eminent Domain") shall not result in a termination of the Marriott A, B or C Leases, unless Landlord elects, at its sole and absolute discretion, to terminate any or all of the Marriott A, B or C Leases."
LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Amendment, Landlord and Tenant are also executing a separate Lease Agreement dated November 7, 1997 (hereinafter referred to as the "New Lease") affecting property located at 3233 Xxxxx Xxxx., Suite 103, Santa Clara, California and (ii) it is the intention of the parties that the term of this Lease be conterminous with the term of the New Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the New Lease unless Landlord elects, at its sole and absolute discretion, to terminate either or both of the leases.
LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Amendment No. 2, Landlord and Tenant are also executing a lease agreement dated December 3, 1998 (hereinafter referred to as the "New Lease") affecting adjacent property located at 0000-0 Xxxxx Xxxx., Suite 105, Santa Clara, California and (ii) it is the intention of the parties that the term of this Lease be co-terminous with the term of the New Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease
LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) Landlord and Tenant have previously executed a separate lease agreement, dated November 1, 1995, for premises located at 3940 Xxxxxxx Xxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx (xxreinafter referred to as the "Marriott A Lease"), which property is contiguous to the Premises leased hereunder, and (ii) it is the intention of the parties that the Term of this Lease be co-terminous with the term of the Marriott A Lease such that the terms of both leases expire on the same date; provided, however, the
LEASE TERMS CO-TERMINOUS. Lease Paragraph 51 ("Lease Terms Co-terminous") is hereby deleted in its entirety and replaced with the following:
LEASE TERMS CO-TERMINOUS. It is acknowledged that it is the intention of the parties that the term of this Lease be co-terminous with the term of the Marriott B Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 "Bankruptcy and Default" (subject to Landlord's option as stated above and in the Marriott B Lease's "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the Marriott B Lease, unless Landlord elects, at its sole and absolute discretion, to terminate either or both of the leases.
