Machine Shop Space Clause Samples
Machine Shop Space. The parties hereto acknowledge that the Machine Shop Space (as defined below) is currently leased by Landlord to KLA-Tencor ("KLA-TENCOR") pursuant to a lease between Landlord and KLA-Tencor which is scheduled to expire on December 29, 2004, subject to KLA-Tencor's option to extend the term beyond such date pursuant to such existing lease. Subject to the condition precedent that (i) Samsung (or its affiliate or successor) and Landlord enter into the Samsung Relocation Agreement within sixty (60) days after the date of execution of this Lease as described in Section 1.4.2 above, and (ii) KLA-Tencor does not exercise such extension option pursuant to such existing lease, then in addition to the Must-Take Space, the Initial Premises shall be expanded to include the Machine Shop Space, pursuant to the provisions of this Section 1.5 and this Lease. If (A) Landlord and Samsung (or its affiliate or successor) do not enter into the Samsung Relocation Amendment within such 60-day period, or (B) KLA-Tencor exercises such extension option, then the following provisions of this Section 1.5 shall not be applicable.
Machine Shop Space. The parties hereto acknowledge that the Machine Shop Space (as defined below) is currently leased by Landlord to KLA-Tencor ("KLA-TENCOR") pursuant to a lease between Landlord and KLA-Tencor which is scheduled to expire on December 29, 2004, subject to KLA-Tencor's option to extend the term beyond such date pursuant to such existing lease. Subject to the condition precedent that (i) Samsung (or its affiliate or successor) and Landlord enter into the Samsung Relocation Agreement within sixty (60) days after the date of execution of this Lease as described in Section 1.4.2 above, and (ii) KLA-Tencor does not exercise such extension option pursuant to such existing lease, then in addition to the Must-Take Space, the Initial Premises shall be expanded to include the Machine Shop Space, pursuant to the provisions of this Section 1.5