New Premises Sample Clauses

New Premises. Effective as of September 1, 2006: (i) the New Premises shall become the “Premises” under the Lease and shall consist solely of that approximately 27,478 rentable square feet of space which is currently designated as Suite 2300 at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇, (ii) Exhibit A to the Lease shall be deleted and replaced with the Exhibit A attached to this Amendment, (iii) the second sentence of Paragraph 1 of the Lease is amended by deleting the number “950” and replacing it with the number “1050”, and (d) Paragraph 2.a. of the Lease is amended by deleting the words “Fourth (4th) floor” and replacing them with the words “Second (2nd) floor”. Notwithstanding clause (i) in the foregoing sentence, the parties acknowledge that, due to the terms of the Sublease, Tenant, as of September 1, 2006, may not be in possession of the entirety of the approximately 27,478 rentable square feet of space currently designated as Suite 2300 at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ (which space is to become the New Premises) but that whether Tenant occupies, as of September 1, 2006, the entirety of the space that is to become the New Premises is irrelevant under this Amendment because the Commencement Date with respect to the New Premises does not occur until June 1, 2007.

New Premises. To substitute for the Premises other premises (herein referred to as the “new premises”) in the Property, provided: (i) the new premises shall be similar to the Premises in size (up to 10% larger or smaller with the Rent and any other rights and obligations of the parties based on the square footage of the Premises adjusted proportionately to reflect the any decrease), (ii) Landlord shall provide the new premises in a condition substantially comparable to the Premises at the time of the substitution (and Tenant shall diligently cooperate in the preparation or approval of any plans or specifications for the new premises as requested by Landlord or Landlord’s representatives), (iii) the parties shall execute an appropriate amendment to the Lease confirming the change within thirty (30) days after Landlord requests, and (iv) if Tenant shall already have taken possession of the Premises: (a) Landlord shall pay the direct, out-of-pocket, reasonable expenses of Tenant in moving from the Premises to the new premises, and (b) Landlord shall give Tenant at least thirty (30) days’ notice before making such change, and such move shall be made during evenings, weekends, or otherwise so as to incur the least inconvenience to Tenant. Tenant shall surrender and vacate the Premises on the date required in Landlord’s notice of substitution, in the condition and as required under Article 23, and any failure to do so shall be subject to Article 24.

New Premises. Effective as of the New Premises Commencement Date, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the New Premises for a term of thirty-six (36) months (the “New Premises Term”). Prior to the New Premises Commencement Date, Landlord shall paint and carpet the New Premises with Building-standard paint and carpeting (the “Tenant Improvements”). Except for the foregoing Tenant Improvements, Landlord shall deliver the New Premises to Tenant in its “AS-IS” condition and Landlord shall have no obligation to improve, remodel or otherwise alter the New Premises prior to or after the New Premises Commencement Date. Notwithstanding the foregoing, Landlord shall cause the roof to be in good condition and the building systems including the HVAC, electrical and plumbing systems serving the Premises to be in good working order on the New Premises Commencement Date. Any claims by Tenant under the preceding sentence shall be made in writing not later than the thirtieth (30th) day after the New Premises Commencement Date. In the event Tenant fails to deliver a written claim to Landlord on or before such thirtieth (30th) day, then Landlord shall be conclusively deemed to have satisfied its obligations under this Paragraph 1.

New Premises. Pursuant to the existing Lease, Tenant’s existing Premises is that 7,320 rentable square foot space on the 4th floor of the EmeryStation North Building owned by Landlord and located at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ in Emeryville, CA (the “Existing Premises”). Subject to Tenant’s ability to raise additional funding for its ongoing operations (the “New Funding”, more specifically described in Section IV below), Tenant wishes to relocate to an alternate, larger space on the 4th floor of the EmeryStation 1 Building at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ in Emeryville, CA (the “New Premises”), as more specifically identified in Exhibit A hereto. The New Premises is envisioned to measure approximately 9,500 rentable square feet; the exact rentable square footage of the New Premises shall be determined by final space plan mutually approved by Tenant and New Landlord. The EmeryStation 1 Building is owned by ▇▇▇▇▇ Station Joint Venture, LLC (“New Landlord”), an affiliate of Landlord. New Landlord shall modify the New Premises for Tenant’s occupancy at New Landlord’s sole cost and expense in conformance with the space plans and specifications and pursuant to the terms of the Workletter Agreement, all attached hereto as Exhibit B (“New Premises Landlord Work”).

New Premises. The Premises as of the date of completion of the Phase 2 construction of the Student Center (“New Premises”) for the Food Coop shall be described as approximately 1,346 square feet, located in the Student Center, as further shown in Exhibit 2.

New Premises. Prior to entering into any lease of any real property, deliver to Bank any landlord consents, estoppels and subordinations as the Bank may reasonably request from the landlords of such premises, and from any other person who, by reason of Borrower's or its Subsidiaries' tenancy, may have claims against the assets of Borrower and its Subsidiaries located on such premises.

New Premises. (a) Subject to (i) Landlord causing Substantial Completion (as hereinafter defined) of construction of the turn-key leasehold improvements to the New Premises (the “New Premises Improvements”), as set forth on Exhibit B attached hereto, (ii) moving of Tenant’s furniture, trade fixtures, computers and equipment from the Current Premises to the New Premises, and (iii) completing the installation of low voltage cabling and wiring in the New Premises necessary for Tenant to conduct its business therein (the date when these three conditions are satisfied is referred to herein as the “Relocation Date”), Tenant shall vacate and surrender to Landlord the Current Premises in the condition required by the Lease on the Relocation Date. Subject to Tenant Delays (as hereinafter defined), in no event shall the Relocation Date occur later than November 1, 2011. (b) Effective as of the Relocation Date, Tenant shall occupy the New Premises pursuant to the terms of the Lease, and shall be bound by all of the terms, covenants and conditions of the Lease. Landlord and Tenant stipulate and agree that the New Premises contains 1,773 rentable square feet. (c) Effective as of the Relocation Date, Exhibit A to the Lease shall be deleted and replaced with Exhibit A attached to this Amendment. (d) Effective as of the Relocation Date, Section 9 of the Lease Summary attached to the Lease shall be deleted in its entirety and replaced with the following:

New Premises. Tenant hereby agrees to lease from Landlord, and Landlord hereby agrees to lease to Tenant, the New Premises on the terms and conditions hereinafter set forth. As of the New Commencement Date (as defined in Section 3 below), (i) Exhibit A attached hereto showing the New Premises is hereby incorporated into and made a part of the Lease, (ii) all references in the Lease to the defined term “Premises” shall mean and refer to the New Premises, and (iii) all references in the Lease to the defined term “Building” shall mean and refer to the 2200 Building. Tenant’s use and occupancy of the New Premises shall be in accordance with all of the terms and conditions of the Lease as amended by this Amendment (the “Amended Lease”).

New Premises. The Premises as of the date of completion, estimated in September, 2007, of the Phase 2 construction of the Student Center (“New Premises”), for Groundwork Books shall be described as approximately 1,216 square feet, located in the Student Center, as further shown in Addendum C-2.