Common use of Schedule Modifications Clause in Contracts

Schedule Modifications. The following Schedules to the Lease are modified as set forth below: Schedule F (Premises) — add a parcel “E” which shall be Compartments A & B and office of Building 32 (15,000 sf, 14,320 sf and 830 sf respectively) — warehouse. Parcel “E” shall also include Compartment C if Tenant’s option under Sec. 2(a) above is exercised. Parcel “D” changed to Building 30 — (552) sf — Laboratory and Office. Add a Parcel “F” which shall be Building 49 Space (2,400 sf) — lab and warehouse. Schedule I (Occupancy Dates) — add Parcel “E”, Compartment A — on February 1, 2006; Compartment B and Office — on August 1, 2006. Only with respect to Compartment B, the initial term of the lease shall be through December 31, 2008, subject to being extended if Tenant exercises the option set forth in Section 2(b), above. The Occupancy Date for Compartment C shall be as identified in Tenant’s option exercise notice sent pursuant to Sec. 2(a) above. Add Parcel “F” — on the date Tenant occupies Building 49 Space for purposes of conducting its business thereon and Tenant vacates Building 30. Tenant’s occupancy of Building 30 shall terminate on the date when Tenant vacates Building 30 and occupies Building 49 Space for the purposes of conducting its business thereon, and Tenant shall notify Landlord in writing of such date. Schedule L (Base Rent) — add Parcel “E” — $2.65/sf/yr ($79,897.50 per year, or $6658.13 per month). If Compartment C is added through Tenant’s exercise of its option under Section 2(a) above, the base rent per square foot for Compartment C shall be equal to the then current base rent per square foot for Compartments A & B, subject thereafter to Schedule M adjustments. If Compartment B is extended after December 31, 2008 through Tenant’s exercise of its option under Section 2(b) above, the base rent per square foot for Compartment B shall be equal to the base rent per square foot of Compartment B on December 31, 2008, subject thereafter to Schedule M adjustments. Add Parcel “F” — for the first 18 months of Tenant’s occupancy of Building 49 Space, Base Rent shall be $529.40 per month, and thereafter Base Rent shall be based upon the same annual per square foot charge as that for Building 48 (Parcel “A”). Schedule O (Site Service Expenses) — insert: with respect to Building #32, the Site Service Expense will be charged at a rate that is one-half the normal per square foot rate. With respect to Building 49 Space no Site Service Expense shall be charged for the first 18 months of Tenant’s occupancy of Building 49 Space, and after such 18-month period, Tenant shall pay a per square foot Site Service Expense charge based upon one-half of the standard per square foot Site Service Expense charge. Tenant shall be responsible for payment of cost of all utilities servicing Building 49 Space beginning at the time the utilities are turned on in the building.

Appears in 2 contracts

Sources: Lease Agreement (Catalytica Energy Systems Inc), Lease Agreement (Renegy Holdings, Inc.)