Second Expansion Terms Sample Clauses

Second Expansion Terms. If Tenant timely gives the Second Expansion Notice, then on the SES Delivery Date, the Second Expansion Space shall become part of the Premises, upon all of the terms and conditions set forth in this Lease, except that: (A) from and after the SES Delivery Date (or, if Tenant elected to receive the SES Concessions Package, from and after the end of any applicable free rent period which shall commence on the SES Delivery Date), in addition to all other Base Rent payable under the provisions of this Lease, Base Rent shall be increased by the SES Fair Market Rent; (B) from and after the SES Delivery Date, Tenant’s PILOT Share and Tenant’s Operating Share shall each be increased proportionately to reflect the addition of the Second Expansion Space to the Premises; (C) the Base PILOT Amount with respect to the Second Expansion Space shall be the PILOT for the PILOT Year in which the SES Delivery Date occurs; (D) the Base Lease Year with respect to the Second Expansion Space shall be the Lease Year in which the SES Delivery Date occurs; and (E) Landlord shall not be required to perform any work (except for Landlord’s Expansion Work in respect of the Second Expansion Space), pay any amount (except if Tenant elected to receive the SES Concessions Package, in which case Landlord shall make available to Tenant any applicable work allowance on the same terms as set forth in Article 7 above, but subject to the provisions of Section 7.01(f)) or render any services to make the Building or the Second Expansion Space ready for Tenant’s use or occupancy or to provide any abatement of Base Rent or Additional Rent (except if Tenant elected to receive the SES Concessions Package, in which case Tenant shall be entitled to any applicable free rent period), and, except as aforesaid, Tenant shall accept the Second Expansion Space in its “as is” condition on the SES Delivery Date, provided that, if Tenant elected to receive the SES Concessions Package, Tenant shall be entitled to any other concessions included thereunder in addition to any applicable work allowance or free rent period.