Common use of Shared Space Clause in Contracts

Shared Space. Sublessor and Sublessee acknowledge and agree that the Subleased Premises and the Premises both utilize certain shared areas, including conference rooms, restroom facilities, hallways and a cafeteria, containing approximately 6,101 square feet total (“Shared Space”). The Shared Space is designated on Exhibit “B” attached hereto. The Shared Space breaks down into two (2) subsections, one portion of which is for the shared use of the occupants of Building 2 only, which section comprises 4,334 square feet of the Shared Space (“Building 2 Shared Space”) and the other portion of which is for the shared use of the occupants of Buildings 1, 2 and 3, which comprises 1,767 square feet of the Shared Space (the “Project Shared Space”). Subject to all of the terms and conditions of the Lease and this Sublease, Sublessee shall have the right to reasonable use of the Shared Space, subject to reasonable prior scheduling with Sublessor for use of the conference rooms; provided, however, that Sublessee shall be entitled to an amount of time during normal business hours to such conference rooms in proportion to its obligations for the costs of such conference rooms (i.e., 12%) to the extent Sublessee shall have need for such use.

Appears in 4 contracts

Samples: Sublease Agreement (AltheaDx, Inc.), Sublease Agreement (AltheaDx, Inc.), Sublease Agreement (AltheaDx, Inc.)

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