Common use of New Premises Clause in Contracts

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.

Appears in 2 contracts

Sources: Lease Agreement, Lease (Lionbridge Technologies Inc /De/)