Common use of Storage Space Clause in Contracts

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.

Appears in 1 contract

Sources: Lease Agreement (First Marblehead Corp)

Storage Space. Landlord and Tenant will endeavor in good faith to ------------- agree upon terms whereby Landlord will provide to Tenant, at a fair rental for storage space of the same type in the Dallas/Plano area, up to 2,000 square feet of storage space at a location outside the Project. TO OFFICE LEASE AGREEMENT BETWEEN CINEMARK USA, INC. AND THE COCA-COLA COMPANY RENEWAL OPTION Provided no default by Tenant exists and Tenant is occupying the entire Premises at the time of such election, Tenant may renew this Lease for one (1) additional period of five (5) years on the same terms provided in this Lease (except as set forth below), by delivering written notice of the exercise thereof to Landlord not later than one hundred eighty (180) days before the expiration of the Term. Tenant shall notify Landlord of whether it is interested in renewing the Term (the "Interest Notice") at least two hundred forty (240) --------------- days before the expiration of the Term. Within thirty (30) days after the Interest Notice has been delivered to Landlord, Landlord shall notify Tenant of the Base Rent which shall be payable for each month during the renewal Term (the "Rental Notice"). Landlord's calculation of such Base Rent shall be based on the ------------- prevailing rental rates in the Building for space of similar quality, size, utility, the location of the Premises, the amount of any allowance provided to Tenant by Landlord, the length of the renewal Term and the credit standing of Tenant. Tenant shall notify Landlord whether it intends to renew the Term by delivering written notice thereof to Landlord not later than thirty (30) days after Landlord has delivered to Tenant the Rental Notice. On or before the commencement date of the renewal term, Landlord and Tenant shall execute an amendment to this Lease extending the term hereof on the same terms provided in this Lease, except as follows: (a) The Base Rent payable for each month during each such extended term shall be the rent specified in the Rental Notice; (b) Tenant shall have no further renewal options unless expressly granted by Landlord in writing; and (c) Landlord shall lease to Tenant the Premises in their then-current condition, and Landlord shall not provide to Tenant any allowances (e.g., moving allowance, construction allowance, and the like) or other tenant inducements. Tenant's rights under this Rider shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing terminate if (i) Tenant shall extend the coverage this Lease or Tenant's right to possession of the insurance provided for by Article X of this Lease to the Storage Area; Premises is terminated, (ii) Tenant shall maintain assigns any of its interest in this Lease or sublets any portion of the Storage Area and repair any damage to the Storage Area caused by TenantPremises, its agents, contractors or employees; (iii) Landlord shall retain access Tenant fails to timely exercise its option under this Rider, time being of the Storage Area and shall be entitled to enter the Storage Area in accordance essence with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due respect to Tenant’s use thereof repaired's exercise thereof. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.EXHIBIT C OPERATING COST COMPUTATION

Appears in 1 contract

Sources: Lease Agreement (Wells Real Estate Investment Trust Inc)

Storage Space. (a) Landlord shall lease reserve up to Tenant and Tenant shall accept from Landlord certain five thousand 5,000 square feet of storage space consisting of approximately 1,000 rentable square feet on for lease by Tenant during the garage level of the Building Lease Term (the “Storage AreaSpace”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area Space shall be used located in one or more private rooms selected by Landlord in the On-Site Parking Area designated on Exhibit P attached hereto. Tenant shall have the right to increase or decrease (but not in excess of the 5,000 square foot limit set forth above) the amount of Storage Space leased by Tenant solely on thirty (30) days written notice to Landlord. The Storage Space described above required to be provided by Landlord to Tenant shall be leased at a rental rate equal to ( ) per usable square foot per month during the Lease Tenn. Notwithstanding the foregoing, to the extent that any Storage Space in addition to the Storage Space required to be reserved by Landlord for storage purposes as an ancillary Tenant’s use hereunder shall become available for use by tenants of the Building, Landlord agrees that Tenant shall have the right, upon written notice to Landlord, to lease such additional Storage Space on a month-to-month basis to the extent and for the duration that Landlord does not require the use of such additional Storage Space by other tenants in connection the Building or for another purpose. Any such additional Storage Space shall be leased at a rental rate equal to ( ) per usable square foot per month. The Storage Space rental amounts shall be due on a monthly basis concurrent with Tenant’s use payment of the Base Rent due with respect to the Premises, and shall constitute Rent under the Lease. The All Storage Area Space leased by Tenant shall be held in a condition reasonably suitable for use as storage space. Tenant acknowledges that Landlord, by providing Tenant with the Storage Space is not assuming the responsibility to ensure the security of or provide security for the Storage Space, and Tenant hereby waives all claims against Landlord for damage to or theft of any property stored by Tenant commencing in the Storage Space, except to the extent caused by the negligence or willful misconduct of Landlord or Landlord’s agents, contractors or representatives. Landlord shall deliver the Storage Space to Tenant in its “as-is” condition, without any obligation on the Commencement Date part of Landlord to remodel, refurbish or otherwise improve the Storage Space, provided that the Storage Space shall have a ceiling, walls, a door and continuing thereafter throughout lighting. Landlord shall have the Term right, not more than once per calendar year, upon thirty (30) days’ prior notice to Tenant, to relocate the Storage Space to another area of this Lease, subject to this Section 2.7. There shall be no additional charges due the Building of approximately the same aggregate square footage as the Storage Space; in respect the event of Tenant’s use such relocation of the Storage Space. (b) During the term , Landlord shall pay Tenant’s actual costs of this Lease, moving materials stored in the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease Space to the replacement Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordSpace.

Appears in 1 contract

Sources: Sublease Agreement (Castlight Health, Inc.)

Storage Space. If exercised by Tenant from time to time on or prior to the Commencement Date and to be effective as of the Commencement Date (aand thereafter on an as-available basis) Landlord shall lease to Tenant and for the Lease Term (including renewal options), Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable have the right to occupy up to One Thousand (1,000) usable square feet on the garage of contiguous, dry space in a lower level of the Building (the “Storage AreaSpace”), located as shown on Exhibit FP-2with elevator access to the upper floors, attached hereto and made a part hereofwhich may be used for storage and/or ancillary office purposes. The Storage Area rental rate for such space shall be used by Tenant solely for storage purposes as an ancillary use in connection Fifteen & 00/100 Dollars ($15.00) per useable square foot thereof, with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout no increases thereto during the Term of this Lease. Except as set forth herein, subject to this Section 2.7. There there shall be no additional charges due in respect of Tenant’s use of Additional Rent applicable to the Storage Space. (b) During , if taken by Tenant, whether for operating expenses, real estate taxes, or other such expenses. In the term of this Leaseevent Tenant at any time requires HVAC or janitorial for such Storage Space taken by it, the Storage Area agreed upon cost thereof shall be occupied reimbursed by Tenant in accordance with and subject to all of the terms and conditions of as Additional Rent under this Lease. Without limiting Landlord agrees to paint such Storage Space, provide demising partitioning with a Building standard door and lockset, and hang basic lighting fixtures from the generality of the foregoing (i) ceiling, all at Landlord’s sole expense. If Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to has taken the Storage Area; Space then, commencing on the Rent Commencement Date (ii) or, if later, the date Tenant shall maintain takes the Storage Area Space) and repair any damage to on the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions first day of Article XI; and (iv) upon expiration or earlier termination of this Leaseeach month thereafter, Tenant shall quit and surrender pay, on a monthly basis, the same to Landlord, broom clean, and cost of all electricity utilized for or in connection with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage AreaSpace, but Tenant shall make no other changes to the Storage Area without as evidenced by a check meter or submeter (if so installed at Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “sole cost and expense) or as is” condition without representation or warranty otherwise reasonably estimated by LandlordLandlord and agreed to by Tenant.

Appears in 1 contract

Sources: Deed of Lease (NCI, Inc.)

Storage Space. (a) Landlord shall lease to Tenant and During the Renewal Term, Tenant shall accept have the right to lease from Landlord certain for storage purposes only, storage space consisting of containing approximately 1,000 732 rentable square feet of space, located on the garage level 12th floor of the Building 100 Crescent Court, as shown on Exhibit B attached hereto (the “Storage AreaSpace”). Tenant agrees to pay as Additional Rental an annual rental for the Storage Space in the amount of Eighteen and No/100 ($18.00) per square foot of Storage Space, plus any sales tax and Tenant’s proportionate share of electrical costs described in Paragraph 7(b) of the Lease (“Storage Rent”), located payable in advance, in equal monthly installments, without any set off, abatement, counterclaim, or deduction whatsoever, and payable in the same manner as shown on Exhibit FP-2, attached hereto and made a part hereofset forth in the Lease for payment of Basic Rental by Tenant. The Tenant shall use the Storage Area shall be used by Tenant solely Space for storage purposes as an ancillary of personal property only and for no other purpose. Tenant agrees to keep the Storage Space clean and orderly and not to use the Storage Space for the purpose of storing refuse, trash, garbage and the like. In addition, Tenant shall not store any food or perishable goods, flammable materials, explosives, or any other inherently dangerous material in connection with Tenant’s use the Storage Space. Tenant shall accept possession of the PremisesStorage Space in “as is” condition and Landlord shall have no obligation whatsoever to furnish, render, or supply any money, work, labor, material, fixture, decoration, or equipment with respect to the Storage Space. The Except for elevator service to the floor on which the Storage Area shall be held by Space is located and Building Standard lighting, HVAC and electricity in the Storage Space, Tenant commencing on the Commencement Date acknowledges and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There agrees that there shall be no additional charges due in respect of Tenant’s use of other services whatsoever provided to the Storage Space. (b) During . ▇▇▇▇▇▇ agrees and understands that no bailment, deposit of goods for safekeeping, warehouse receipt, bill of lading, or other document of title for the term property stored by ▇▇▇▇▇▇ is intended or created hereby and Landlord is not engaged in the business of this Leasestoring goods for hire or in the warehouse business. 10. Parking. Effective as of the Release Date, the Storage Area Parking Agreement attached to the Ninth Modification as Rider No. 3 (as modified by the Eleventh Modification, the Twelfth Modification, the Thirteenth Modification, the Fourteenth Modification, the Fifteenth Modification, the Sixteenth Modification and the Seventeenth Modification) is hereby modified to reflect that Tenant shall be occupied by Tenant in accordance with and subject to all allocated unreserved parking permits at a ratio of 3:1,000 rentable square feet of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area Premises in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repairedRider No. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes 3 attached to the Storage Area without Landlord’s prior written approvalNinth Modification (as modified by the Eleventh Modification, the Twelfth Modification, the Thirteenth Modification, the Fourteenth Modification, the Fifteenth Modification, the Sixteenth Modification and the Seventeenth Modification). The monthly rates payable by Tenant agrees that it is accepting for such parking spaces shall be fixed for the Storage Area in “as is” condition without representation or warranty by Landlord.Renewal Term at $140.000 for each unreserved Docusign Envelope ID: 63098854-80F7-47C8-8394-14676310345F

Appears in 1 contract

Sources: Office Lease (Westwood Holdings Group Inc)

Storage Space. (a) Landlord 29.1 Tenant shall lease to Tenant and Tenant shall accept from Landlord certain during the Lease Term, approximately one thousand (1,000) square feet of storage space consisting of approximately 1,000 rentable square feet as depicted on the garage level of the Building Exhibit P attached hereto (the “Storage AreaSpace”). Commencing on the Lease Commencement Date, located as shown on Exhibit FP-2, attached hereto and made a part Tenant shall pay the annual rent for such Storage Space set forth in Section 1.5(b) hereof. The annual rent payable for such Storage Area Space shall be used by Tenant solely for storage purposes payable in equal monthly installments in advance on the first day of each month. Except as an ancillary use otherwise specified in connection with Tenant’s use this Section, all of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date terms, covenants, conditions and continuing thereafter throughout the Term provisions of this Lease, subject except those contained in Section 5.1 and Exhibit B, shall apply to this Section 2.7such Storage Space. There shall be no additional charges due in respect Landlord shall, at Landlord’s expense, partition the perimeter boundaries of the Storage Space with wire mesh, and provide lighting and a wire mesh door, with building standard lock set (keyed for Tenant’s use only), and fit out the Storage Space as required by Law (including sprinklers), but Landlord shall not be obligated to provide any other alterations or improvements to or for such Storage Space. In addition, Landlord shall not be obligated to furnish any utilities or services to such Storage Space except for electricity reasonably sufficient for lighting the Storage Space. Tenant shall use any such Storage Space exclusively for storage purposes consistent with a first-class office building and for no other use or purpose and otherwise in accordance with this Lease (and in no event shall employees of Tenant or other persons occupy or work from such Storage Space). Furthermore, in no event shall Tenant store food, food products or other materials that may attract rodents or other pests in the Storage Space. Landlord shall have the right to change the location and configuration of the Storage Space. (b) During the term of this LeaseSpace from time to time, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing provided that: (i) Landlord shall provide Tenant shall extend with substitute space of similar nature and size elsewhere in the coverage of Building, which will not be any less than approximately 1,000 square feet (the insurance provided for by Article X of this Lease to the “Substitute Storage Area; Space”), (ii) Landlord shall provide Tenant shall maintain no less than thirty (30) days advance written notice of the date Tenant must vacate the existing Storage Area and repair any damage to the Storage Area caused by TenantSpace, its agents, contractors or employees; (iii) Landlord shall retain access cause, at Landlord’s sole cost (and not as an Operating Expense) to be fit-out and constructed in substantially the same condition as the initial Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and Space, (iv) upon expiration or earlier termination of this Leasein no event will Tenant’s rent for the Storage Space increase, and (v) Landlord shall, at Landlord’s expense, move the items stored in the Storage Space to the Substitute Storage Space. Upon Landlord’s request, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes promptly execute a reasonably acceptable amendment to the Lease identifying the Substitute Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordSpace.

Appears in 1 contract

Sources: Office Lease Agreement (Blackboard Inc)

Storage Space. Landlord agrees to provide Tenant with approximately 658 aggregate Rentable Square Feet of storage space (athe "Storage Space") located on the first (lst) floor of the Building, which is currently being utilized by Tenant. During the Original Term, Tenant shall pay Landlord, as rent for the Storage Space, the sum of $15.00 per Rentable Square Foot per year (i.e., $822.50 per month); such payment shall be deemed additional rent hereunder. Rent payable by Tenant for the Storage Space during the First Extension Term and the Second Extension Term shall be determined pursuant to the provisions of Paragraph 5(d) above, as part of the determination of the Market Rate payable for the Premises during the applicable Extension Term. Tenant acknowledges that Landlord, by providing Tenant with the Storage Space, is not assuming the responsibility to ensure the security of or provide security for the Storage Space, and Tenant hereby waives all claims against Landlord for damage to or theft of any property stored by Tenant in the Storage Space. Landlord shall lease deliver the Storage Space to Tenant and in its "as-is" condition, without any obligation on the part of Landlord to remodel, refurbish or otherwise improve the Storage Space. Landlord shall have the right, upon thirty (30) days' prior notice to Tenant, to relocate the Storage Space to another area or areas of the Budding of approximately the same aggregate Rentable Square Feet as the Storage Space; in the event of such relocation of the Storage Space, Landlord shall pay Tenant's reasonable costs of moving materials stored in the Storage Space to the replacement Storage Space. Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on have the garage level right to terminate its lease of the Building Storage Space by irrevocable written notice to Landlord at least ninety (90) days prior to the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use anticipated date of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect termination of Tenant’s use 's lease of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.

Appears in 1 contract

Sources: Lease Agreement (Golden West Financial Corp /De/)

Storage Space. (a) In addition to the Leased Premises, Landlord shall lease agrees that Tenant may use from and after the date that the same is delivered to Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the “Storage AreaDelivery Date”), located as shown on Exhibit FP-2, attached hereto for the sole and made a part hereof. The Storage Area shall be express purpose of storage of items used by Tenant solely for storage purposes as an ancillary use in connection conjunction with Tenant’s use business in the Leased Premises, approximately six hundred forty-eight (648) square feet of basement storage space, commonly known as Space #13200B (hereinafter “Storage Space”) in the approximate location shown on Addendum II, Schedule 1 attached hereto, in accordance with all terms of the Lease except as specifically provided herein. Tenant shall accept the Storage Space in its “as is” condition. Any alterations or improvements to be performed by Tenant in the Storage Space shall be performed in accordance with plans and specifications approved in advance by Landlord, and in accordance with all applicable provisions of the Lease. Tenant may use the Storage Space throughout the Term, whereupon Tenant shall vacate and surrender the Storage Space to Landlord in good and broom clean condition. For all purposes under the Lease, the Storage Space shall be deemed to be a part of the Leased Premises, except as otherwise provided in this Addendum. Tenant shall pay Landlord the following as Additional Rent for the Storage Space (the “Storage Space Rent”): Rent Period Annually Monthly Storage Delivery Date to 12/31/2014 $ 15,552.00 $ 1,296.00 1/01/2015 to 12/31/2015 $ 16,018.56 $ 1,334.88 1/01/2016 to 12/31/2016 $ 16,499.12 $ 1,374.93 The Storage Space Rent shall be due and payable by Tenant monthly in advance on the first day of every calendar month during the Term, unless terminated earlier as provided above. The Floor Area of the Storage Area Space shall not, however, be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due included in respect of Tenant’s use Proportionate share for purposes of calculating Tax Rent or Tenant’s Share of Operating Costs, nor shall Tenant pay Minimum Rent on the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.

Appears in 1 contract

Sources: Office Lease Agreement (SI-BONE, Inc.)

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level 32.1 Upon completion of the Building design, and following the determination by Landlord of the location and amount of storage space to be available in any below-grade levels of the Building, Landlord shall give written notice to Tenant (the “Storage AreaAvailability Notice”) of the size and location of all storage space in the Building. By written notice delivered to Landlord not later than twenty (20) days after Landlord gives Tenant the Storage Availability Notice, Tenant shall have the right to elect to lease from Landlord during the Lease Term, up to the greater of (i) fifty percent (50%) of the storage space in the Building as specified in the Storage Availability Notice, or (ii) fifteen hundred (1,500) square feet of storage space, the location and configuration of which shall be designated in an amendment to this Lease (the “Storage Spacey”). If Tenant timely elects to lease the Storage Space, located as shown then the following provisions of this Article shall apply. Commencing on Exhibit FP-2the Lease Commencement Date, attached hereto Tenant shall pay annual Base Rent for such Storage Space in an amount equal to Twenty Dollars ($20.00) multiplied by the total number of square feet of area in such Storage Space (the “Storage Space Rent”). Beginning on the first day of the second (2nd) Lease Year, and made a part hereofon the first day of each and every Lease Year thereafter, such annual Storage Space Rent shall be increased by an amount equal to two and one-half percent (2.5%) of the annual Storage Space Rent in effect during the immediately preceding Lease Year. The annual Storage Area Space Rent shall be used by Tenant solely for storage purposes payable in equal monthly installments in advance on the first day of each month. Except as an ancillary use in connection with Tenant’s use otherwise specified herein, all of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date terms, covenants, conditions and continuing thereafter throughout the Term provisions of this Lease, subject except those contained in Section 4.1 and Exhibit B, shall apply to this Section 2.7such Storage Space. There shall be no additional charges due in respect of TenantLandlord shall, at Landlord’s use expense, partition the perimeter boundaries of the Storage Space. , and provide lighting and a door, frame and hardware with building standard lock set (b) During the term of this Leasekeyed for Tenant’s use only), but Landlord shall not be obligated to provide any other alterations or improvements to or for such Storage Space. In addition, Landlord shall not be obligated to furnish any utilities or services to such Storage Space except for electricity reasonably sufficient for lighting the Storage Area Space. Tenant shall be occupied by Tenant use any such Storage Space exclusively for storage purposes consistent with a Class A office building and for no other use or purpose and otherwise in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to (and in no event shall employees of Tenant or other persons occupy or work from such Storage Space). Furthermore, in no event shall Tenant store materials that may attract rodents or other pests in the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordSpace.

Appears in 1 contract

Sources: Office Lease Agreement (Capitalsource Inc)

Storage Space. Upon no less than thirty (a30) Landlord shall lease to days prior written request by Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the “Storage AreaSpace Request”), located and subject to availability on a first come, first-served basis, except to the extent expressly set forth herein, Tenant shall have an option to lease storage space in Project (each, a “Potential Storage Space”) during the Lease Term. Following Landlord’s receipt of Tenant’s Storage Space Request, Landlord shall notify Tenant in writing (“Landlord’s Storage Notice”) as shown on Exhibit FP-2to what Potential Storage Space(s), attached hereto if any, is available for Lease, and made a part hereof. The the size and then-current Building standard rental rate applicable for such Potential Storage Area Space (the “Storage Space Rent”), which Storage Space Rent shall be used subject to escalation of three percent (3%) per annum during the remainder of the then current Lease Term. Tenant may lease any Potential Storage Space described in Landlord’s Storage Notice by Tenant solely for storage purposes as an ancillary use in connection with delivering written notice to Landlord of Tenant’s use election to lease such Potential Storage Space (“Tenant’s Storage Acceptance Notice”) delivered to Landlord within ten (10) business days following Landlord’s delivery of Landlord’s Storage Notice to Tenant. In the Premisesevent that Landlord’s Storage Notice provided that more than one Potential Storage Space was available for lease by Tenant, then Tenant’s Storage Acceptance Notice shall identify which Potential Storage Space(s) Tenant has elected to lease. The In the event that Tenant delivers a Tenant’s Storage Area Acceptance Notice to Landlord, the term for the applicable Potential Storage Space shall be held by Tenant commencing on co-terminus with the Commencement Date and continuing thereafter throughout the then-current Lease Term of this Lease. Landlord and Tenant shall enter into Landlord’s standard commercially reasonable storage space lease agreement (the “Storage Agreement”) with respect to Tenant’s lease of any Potential Storage Space, subject or, in the event that Tenant and Landlord have already entered into a Storage Agreement, then the parties shall enter into an amendment thereto adding such additional Potential Storage Space to any storage space previously leased by Tenant pursuant to this Section 2.729.48. There Tenant shall be no additional charges execute and return the Storage Agreement (or amendment thereto, as applicable) to Landlord within thirty (30) days after receiving it. If Tenant fails to execute and deliver the Storage Agreement within such thirty (30) day period, then Landlord may lease such Potential Storage Space to any third party. In the event that Tenant delivers a Storage Space Request but, due in respect to unavailability of any Potential Storage Space, Landlord is unable to provide Tenant with any Potential Storage Space at such time, Landlord shall so notify Tenant. Subject to Landlord’s compliance with the TCCs of this Section 29.48, the unavailability of such Potential Storage Space for Tenant’s use shall not subject Landlord to any liability for any loss or damage resulting therefrom or entitle Tenant to any credit, abatement or adjustment of rent or other sums payable under this Lease but Tenant may once again deliver a Storage Request pursuant to the terms of this Section 29.48. Landlord hereby acknowledges that the following storage spaces are available for lease as of the Effective Date at a Storage Space Rent of Thirty and No/100 Dollars ($30.00) per square foot: ▇▇▇▇ ▇▇▇▇ (245 square feet), ▇▇▇▇ ▇▇▇▇ (▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇), ▇▇▇▇ ▇▇▇▇ (196 square feet), Unit 00BI (373 square feet), ▇▇▇▇ ▇▇▇▇ (▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇), ▇▇▇▇ ▇▇▇▇ (128 square feet) and Unit STRI (133 square feet) (collectively, the “Initially Available Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease”). Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease Notwithstanding anything to the contrary in the foregoing, within thirty (30) days after the Phase II Premises Lease Commencement Date (such date is hereinafter referred to as the “Initial Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this LeaseElection Deadline”), Tenant shall quit and surrender the same deliver written notice to LandlordLandlord (a “Initial Storage Election Notice”) specifying which Initially Available Storage Space Tenant has elected to rent. If Tenant fails to timely deliver an Initial Storage Election Notice, broom clean, and with any damage due to Tenant’s use thereof repairedrights to any Potential Storage Space (including any Initially Available Storage Space) shall be as otherwise set forth in this Section 29.48. Landlord may require Tenant at its own expense shall not lease any of the Initially Available Storage Space to secure any other party during the period commencing as of the Phase II Premises Lease Commencement Date and ending as of the Initial Storage Area, but Tenant shall make no other changes Election Deadline. In addition and notwithstanding anything to the contrary in the foregoing, if any Potential Storage Area without Space becomes available for lease during the Lease Term, Landlord shall provide Tenant with a courtesy notice of such available Potential Storage Space promptly upon Landlord’s prior written approval. Tenant agrees determination that such Potential Storage Space will be available for lease, including its location, size, monthly rental and date upon which it is accepting the Storage Area in “as is” condition without representation or warranty by will be available for lease; provided, however, that Landlord’s failure to provide such courtesy notice shall not be deemed a default hereunder.

Appears in 1 contract

Sources: Office Lease (Okta, Inc.)

Storage Space. (a) A. Landlord shall lease hereby demises and leases to Tenant Tenant, and Tenant shall accept hereby leases from Landlord certain storage space consisting Landlord, the Storage Space for a term commencing as of approximately 1,000 rentable square feet June 11, 2012 (“Storage Space Commencement Date”) and terminating on the garage level of earlier of: (x) the Building date thirty (the 30) days after Tenant gives Landlord a written termination notice (“Storage AreaSpace Termination Notice”), located as shown on Exhibit FP-2or (y) September 30, attached hereto and made a part hereof2015. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use Said demise of the Storage Space. (b) During the term of this Lease, the Storage Area Space shall be occupied by Tenant in accordance with and subject to upon all of the terms and conditions of the Lease applicable to the Existing Premises, except to the extent inconsistent with the provisions of this Lease. Without limiting Third Amendment. B. Notwithstanding anything to the generality contrary herein contained, Tenant shall take the Storage Space “as-is”, in the condition in which the Storage Space is in as of the foregoing (i) Tenant shall extend Storage Space Commencement Date, without any obligation on the coverage part of Landlord to prepare or construct the Storage Space for Tenant’s occupancy and without any warranty or representation by Landlord as to the condition of the insurance provided for by Article X of this Lease Storage Space. C. The Base Rent with respect to the Storage Area; Space shall be $[***] per year (ii) Tenant i.e., $[***] per month). D. Landlord shall maintain the Storage Area and repair have no obligation to provide any damage services to the Storage Area caused by Space other than electricity for the electric lighting fixture in the Storage Space. E. Tenant shall use the Storage Space for storage purposes in connection with its use of the Premises demised under the Lease and for no other purposes whatsoever. ▇. ▇▇▇▇▇▇▇▇ reserves the right, from time to time, upon not less than thirty (30) days’ notice to Tenant, its agentsand at Landlord’s cost and expense, contractors or employees; (iii) Landlord shall retain access to require Tenant to relocate from the Storage Space to another area in the Building of substantially equivalent size to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this LeaseSpace, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty reasonably designated by Landlord.

Appears in 1 contract

Sources: Datacenter Lease (Carbonite Inc)

Storage Space. (a) Throughout the Term of the Lease, Tenant shall have a right to lease from Landlord any storage space in the Project which is available for lease. Initially, Tenant shall lease to Tenant and Tenant shall accept from Landlord certain 1,641 square feet of storage space consisting of approximately 1,000 rentable square feet on in the garage level of the Building (the “Storage Area”), located as shown area depicted on Exhibit FP-2, O attached hereto and made a part hereofhereof (the “Initial Storage Space”). Provided Landlord has the space available (with no obligation of Landlord to demise any space to create different sizes of storage space), Tenant shall have the right, at any time during the Term, to exchange the Initial Storage Space for other storage space in the Building (whether such space is larger or smaller than the Initial Storage Space) and to lease additional storage space from Landlord. Provided Landlord has the space available, Landlord shall deliver such storage space to Tenant within thirty (30) days of Tenant’s written request therefor. In addition, Tenant shall have the right to terminate the lease for the Initial Storage Space or any other storage space leased by Tenant upon the delivery of thirty (30) days prior written notice to Landlord (such termination shall not preclude Tenant from thereafter exercising its rights provided in this Section 20.30 to re-lease the Initial Storage Space or lease different storage space from Landlord; provided such Initial Storage Space or different storage space is available at such time). Hereinafter, the Initial Storage Space and any additions to or replacements thereof shall be referred to collectively as the “Storage Space”. As of the date of this Lease, the annual rental rate for the Storage Space shall be Twelve Dollars per square foot ($12.00/sq. ft.). The rental rate for the Storage Area Space shall be used subject to increases by Landlord from time to time (as and when such rates are increased by Landlord for similar storage space at the Project but in no event shall such increases exceed 2.5% per annum). Tenant shall use the Storage Space solely for the storage purposes as an ancillary use in connection with Tenant’s of materials, equipment, files, records and furniture related to the use of the Premises. The Unless otherwise terminated as provided herein, the term for the Storage Area Space shall be held by Tenant commencing commence on the Commencement Date and continuing thereafter throughout shall expire on the Term Expiration Date. Landlord shall have the right to relocate the Storage Space to other space in the Project provided such space is of comparable size and provided Landlord pays the reasonable moving costs in connection therewith. Landlord agrees to relocate Tenant only if Landlord needs the Storage Space in connection with performing Landlord’s obligations under the Lease. In no event shall the Storage Space be included in the calculation of Tenant’s Share and Tenant shall not be obligated to pay Operating Costs for said space. Landlord shall not provide any services to the Storage Space other than elevator access to and lighting of the Storage Space, at no cost to Tenant (other than as part of Operating Costs as provided in this Lease). Tenant shall accept the Storage Space in its “as-is” condition subject only to any latent defects in the Storage Space but excluding items of damage caused by Tenant or the Tenant Parties. Tenant shall be obligated to maintain, at Tenant’s sole cost and expense, the Storage Space and, at the end of the term for the Storage Space, Tenant shall surrender the Storage Space to Landlord in the same condition as existed as of the date of this Lease, subject reasonable use, wear and tear thereof and repairs which are Landlord’s obligations under Articles 8, 14 and 15 only excepted. Tenant shall remove all debris and Tenant’s Property from the Storage Space upon such surrender. Tenant shall not assign or sublet all or any part of the Storage Space unless such assignment is made in connection with a Transfer consented to by Landlord (or a Permitted Transfer) pursuant to Article 7 herein. Tenant shall not be permitted to make any alterations or improvements to the Storage Space without the prior consent of Landlord, which may be withheld in Landlord’s sole discretion. Tenant shall maintain the same types and amounts of insurance for the Storage Space as is required for the Premises. Except as provided in this Section 2.7. There 20.30 or implied by the terms hereof, all of covenants, conditions and obligations of Tenant set forth in the Lease with respect to the Premises shall be no additional charges due in respect of Tenant’s use of apply to the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.

Appears in 1 contract

Sources: Lease Agreement (Deerfield Capital Corp.)

Storage Space. (a) In addition to the Premises defined in Section 1.2 above, Landlord shall desires to lease to Tenant and Tenant shall accept desires to lease from Landlord certain storage additional space consisting of comprising approximately 1,000 Five Hundred Fifty-Nine (559) rentable square feet on the garage level of below grade space in the Building (the “Storage Area”), located as shown on Exhibit FP-2, A-3 attached hereto (hereinafter referred to as the "Storage Space"), on the all of the terms and made a part hereofconditions of the Lease applicable to the Premises except as specifically set forth in this Paragraph 13. (b) Tenant shall pay to Landlord Ten and No/100 Dollars ($10.00) per rentable square foot of space in the Storage Space with respect to the Storage Space throughout the Term of the Lease. Such monthly installments of storage rent shall hereinafter be referred to as "Monthly Storage Space Rent". The Monthly Storage Area Space Rent will constitute Additional Rent (as defined in the Lease) and shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use due and payable, without deduction or set off, on the first (1st) day of each calendar month during the Term of the PremisesLease commencing January 1, 2005. The Tenant's obligation to pay Monthly Storage Area Space Rent hereunder shall be held by Tenant abated from the period commencing on the Commencement Date and continuing thereafter throughout until December 31, 2004. No other amounts other than Monthly Storage Space Rent shall be abated except as expressly provided elsewhere in the Term Lease. If Tenant defaults under the Lease after the expiration of this Leaseany applicable notice and cure period prior to January 1, 2005, then Tenant shall no longer be entitled to any further abatement of Monthly Storage Space Rent. Monthly Storage Space Rent for any period during the term hereof which is for less than one (1) month shall be prorated based upon the actual number of days of the calendar month involved. (c) Notwithstanding anything to the contrary contained in the Lease or herein, (i) the Base Rent payable with respect to the Premises set forth in Section 1.8 of the Lease shall not be applicable to the Storage Space; (ii) Monthly Storage Space Rent payable with respect to the Storage Space shall not be subject to this annual escalations; (iii) neither Operating Expense increases as set forth in Section 2.7. There 5 of the Lease nor the Electric Energy Charge as set forth in Section 11.6 of the Lease shall be no additional charges due in payable with respect of Tenant’s use of to the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (id) Tenant shall extend use the coverage Premises solely for storage of the insurance provided office supplies, files, UPS battery packs and product samples and for by Article X of this Lease to no other purposes whatsoever. (e) All property placed in the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused Space by Tenant, its agents, contractors or employees; any other persons, shall be and remain at the sole risk of Tenant, its agents or other persons. Landlord shall not be liable for any damage to, or theft or loss of, such property, whether or not caused by the act or omission of any person, including Landlord or its agent, or by the bursting, leaking or overflowing of water, sewer or sprinkler pipes, plumbing fixtures, or any other act or thing, unless such damage to, or theft or loss of, such property results directly from the negligence or willful misconduct of Landlord and then only to the extent that Tenant, its agents or any other persons, are not compensated therefor by Tenant's insurance. In no event shall Landlord or its agent be liable for consequential damages. (iiif) Landlord shall retain access deliver the Storage Space with full height walls, sprinklers, appropriate lighting and a secure locked door. Except as specifically provided herein, Tenant hereby agrees to accept the Storage Space in its "as is" condition existing on the Commencement Date and Landlord shall have no obligation to construct any tenant improvements to the Storage Area and shall be Space on behalf of Tenant. Tenant is not entitled to enter the Storage Area in accordance with any improvement allowance pursuant to the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this the Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense will not provide heat, air conditioning, water, char service or any other utility or service to secure the Storage Area, but Tenant Premises and the provisions of Section 11 of the Lease shall make no other changes not apply to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting Space. (g) Notwithstanding any provision herein or in the Lease to the contrary, the Storage Area Space shall not be counted in “as is” condition without representation connection with, or warranty by Landlord.applied to, the calculation of Tenant's Share set forth in Section 1.11 of the Lease nor the calculation of the number of parking spaces Landlord shall allocate to Tenant pursuant to Section 1.13

Appears in 1 contract

Sources: Standard Office Lease (Pdi Inc)

Storage Space. (a) 37.1. Subject to the provisions of this Article 37 and the provisions of Articles 11, 15, 16, and 25 of this Lease, Landlord shall lease hereby leases to Tenant and Tenant shall accept from Landlord certain approximately 400 RSF of storage space consisting of approximately 1,000 rentable square feet (“Storage Space”) on the garage level Concourse Level of the Building (in the “Storage Area”), located approximate location as shown depicted on Exhibit FP-2, attached hereto and made a part hereof“H”. 37.2. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s right to use of the Premises. The Storage Area shall be held by Tenant commencing Space will commence on the Commencement Date and continuing thereafter throughout terminate on the earlier of (i) 30 days’ prior written notice terminating Tenant’s lease of the Storage Space from either Landlord or Tenant to the other, or (ii) the expiration or earlier termination of the Term of this Lease. 37.3. During the Term, subject monthly rent for the Storage Space will be $500.00 ($15.00 per RSF) (“Storage Space Rent”), which will be payable in advance, without notice, on the first day of each month during the Term, at same place and in the same manner as the payment of Fixed Rent. 37.4. Tenant agrees to this Section 2.7pay monthly, as Additional Rent, for electricity service usage by Tenant in the Storage Space, the cost of which is initially estimated to be $1.75 per RSF (per annum). 37.5. There shall be no additional charges due in respect Tenant will use the Storage Space only for the storage and use of Tenant’s compressor unit and vacuum system subject to compliance by Tenant with the following conditions: (i) no noise in the Storage Space which, in the reasonable judgment of Landlord, might disturb other tenants or occupants of the Building will be made or permitted by Tenant, (ii) nothing will be done or permitted in the Storage Space by Tenant which would impair or interfere with the use or enjoyment of other portions of the Building by any tenant or occupant thereof, and (iii) the use of Tenant’s compressor in the Storage Space will be permitted by, and will be in compliance with, all applicable Laws. Tenant will use the Storage Space in a careful, safe and proper manner and install, at its sole cost and expense, any sound attenuation measures required to ensure that no noise will emanate from the Storage Space which might disturb other tenants or occupants of the Building. Tenant will not overload the floor of the Storage Space and agrees to be fully liable for any damages or losses sustained by Landlord as a result of any overloading by Tenant. Tenant will pay Landlord on demand for any damage to the Storage Space caused by misuse or abuse by Tenant, its agent or employees, or any other person entering the Storage Space under express or implied invitation of Tenant. Tenant will not utilize or permit the Storage Space to be used for any purposes prohibited by any applicable Laws. Tenant will not commit waste nor permit waste to be committed nor permit any nuisance in the Storage Space. (b) During the term of this Lease, 37.6. Landlord will provide a lock and key for the Storage Area shall Space; however, Tenant agrees that all property of Tenant kept, stored, or used in the Storage Space will be occupied at the sole risk of Tenant and that Landlord will not be liable for any injury or damage to such property. Tenant will carry and maintain, at Tenant’s expense, insurance covering all property and equipment stored, used, or both in the Storage Space. On the Commencement Date Tenant will accept the Storage Space in its then “as-is” condition, without any further improvement by Landlord. Landlord makes no warranty or representation that the Storage Space will be suitable for any particular purpose. 37.7. Tenant in accordance with and subject to will not sublease all or a portion of the terms and conditions of this LeaseStorage Space or assign its right to Lease the Storage Space. 37.8. Without limiting Landlord reserves the generality right to relocate the Storage Space to substantially comparable space in the Building in close proximity to the Premises provided that the ability of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenantcentral utility delivery systems can deliver “product”, its agentse.g., contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Leasenitrogen gas, Tenant shall quit and surrender the same to Landlordcompressed air, broom clean, and with any damage due to Tenant’s use thereof repairedlaboratory is unaffected by any relocation. Landlord may require will give Tenant at a written notice of its own expense intention to secure relocate the Storage Area, but Space and in such event Tenant shall make no will complete a relocation within 30 days after receipt of written notice. Landlord agrees to reimburse Tenant for its actual reasonable moving costs to such other changes to storage space within the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordBuilding.

Appears in 1 contract

Sources: Lease Agreement (Acacia Communications, Inc.)

Storage Space. (a) Landlord Effective as of the Extended Term Commencement Date, Tenant shall lease to Tenant the Additional Storage Space, and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (term the “Storage AreaSpace), located as shown on Exhibit FP-2defined in the Original Lease, attached hereto shall include the Existing Storage Space and made a part hereofthe Additional Storage Space containing 2,051 square feet in the aggregate. The Additional Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use Space is subject to all the terms and conditions of the Premises. The Storage Area shall be held by Tenant commencing on Amended Lease with respect to the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Existing Storage Space. (b) During So long as Tenant does not interfere with the term completion of this any work required to be performed by Landlord (including the Landlord’s Work), Landlord shall use reasonable efforts to give Tenant access to the Additional Storage Space for approximately four (4) months prior to the Extended Term Commencement Date (the "Early Access Period") for storage purposes, as provided in Section 31.24 of the Original Lease, . Tenant shall fully cooperate with Landlord and ▇▇▇▇▇▇▇▇'s contractor during the Early Access Period so as not to interfere with Landlord’s completion of the Landlord’s Work and any other work required to be performed by Landlord. Tenant’s access to the Additional Storage Area Space shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this the Amended Lease, except that Tenant will not be obligated to pay Storage Space Rental for the Additional Storage Space during the Early Access Period. Without limiting If Tenant fails to cooperate with Landlord and/or Landlord’s contractor during the generality Early Access Period and/or if Tenant interferes with Landlord’s completion of the foregoing Landlord’s Work, Landlord shall have the right, in its sole option, to rescind Tenant’s access to the Additional Storage Space until the Extended Term Commencement Date and/or to deem such interference a Tenant Delay. (ic) ▇▇▇▇▇▇’s leasing of the Existing Storage Space is hereby extended such that it shall expire as of the Extended Term Expiration Date. The Term of Tenant’s leasing of the Additional Storage Space shall be coterminous with Tenant’s leasing of the Existing Storage Space and the Premises, as the same may be extended. (d) Landlord shall have no obligation whatsoever to improve the Additional Storage Space and the Existing Storage Space or to otherwise fund any improvements to the Additional Storage Space and the Existing Storage Space, and Tenant hereby accepts the Additional Storage Space and the Existing Storage Space in their current AS-IS condition with the exception of that certain storage space work (if applicable) detailed on the plans and specifications attached hereto as Exhibit B. (e) Tenant shall extend pay the coverage of the insurance provided for by Article X of this Lease following Storage Space Rental with respect to the Storage Area; Space (ii) Tenant shall maintain i.e., the combined Existing Storage Area Space and repair any damage to the Additional Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Space): Period of Extended Term Monthly Storage Area and Space Rental 12/1/23 – 11/30/24 $3,076.50 12/1/24 – 11/30/25 $3,168.80 12/1/25 – 11/30/26 $3,263.86 12/1/26 – 11/30/27 $3,361.77 12/1/27 – 11/30/28 $3,462.63 12/1/28 – 3/31/29 $3,566.51 All such Storage Space Rental shall be entitled to enter the Storage Area payable by Tenant in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this the Amended Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.

Appears in 1 contract

Sources: Multi Tenant Office Lease

Storage Space. (a) a. Landlord shall lease provide Tenant with a license to Tenant use space (“Storage Space”) for the storage of Tenant’s furniture and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building equipment for a time period (the “Storage AreaSpace Period)) beginning upon the date of surrender of the 1380 Willow Premises (other than the 1380 Datacenter) ________________________ *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. and ending upon the earliest to occur of (i) September 30, located as shown on Exhibit FP-22017, attached hereto (ii) the date that Tenant informs Landlord it no longer requires the Storage Space and made a part hereof(iii) the date that all of the Leases are terminated due to Tenant’s default. The initial Storage Area Space shall be used the 1180 ▇▇▇▇▇▇▇▇ Premises. Within a reasonable period prior to Tenant’s surrender of the 1003-1005 ▇▇▇▇▇▇▇▇ Premises, additional storage space (the “Additional Storage Space”) to be designated by Landlord shall be added to the Storage Space for the storage of Tenant’s furniture and equipment located in the 1003-1005 ▇▇▇▇▇▇▇▇ Premises. The Additional Storage Space shall consist of at least 11,000 square feet of warehouse space and may be at a location other than the Industrial Center (so long as it is within a five (5) mile radius of the Industrial Center) and shall be available through the end of the Storage Space Period. Landlord may designate alternative Storage Space within a five (5) mile radius of the Industrial Center (the “Relocated Storage Space”) that is not smaller than the Storage Space from time to time upon sixty (60) days’ notice to Tenant. Landlord shall reimburse Tenant for all of the actual out-of-pocket costs reasonably incurred by Tenant solely for storage purposes as an ancillary use to move its furniture and equipment (i) from the 1380 Willow Premises and the 1003-1005 ▇▇▇▇▇▇▇▇ Premises to the Storage Space and (ii) from the Storage Space to any Relocated Storage Space; provided that all such costs must be approved by Landlord in writing prior to the commencement of any moving work. b. Except to the extent caused by the gross active or gross passive negligence or willful misconduct of Landlord or any Landlord Entity, Tenant shall protect, defend, indemnify, and hold Landlord and Landlord Entities harmless from and against any and all loss, claims, liability, or costs (including court costs and reasonable attorneys’ fees) incurred in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space (and Additional Storage Space. (b, if applicable) During the term and movement of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordfurniture and equipment.

Appears in 1 contract

Sources: Lease Amendment Agreement (Pacific Biosciences of California, Inc.)

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain have the right to lease up to two thousand eight hundred (2,800) usable square feet (measured according to BOMA standards) of storage space consisting of approximately 1,000 in the Building, which space shall be secure and demised, with existing lighting and existing conditions. During the first Lease Year, Tenant shall pay Ten Dollars ($10.00) per rentable square feet on foot for the garage level storage space, which rate shall be increased in each succeeding Lease Year by two percent (2%) of the Building (storage space rent applicable for the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereofpreceding Lease Year. The Storage Area shall be used by If Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject exercises its option to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant expand in accordance with Paragraph 38, above, Tenant shall have the right to lease approximately 1,000 usable square feet of additional storage space, at the rental rate for storage space then in effect. Tenant shall have the right to install, at its sole expense, a heating and/or air conditioning system and subject to all of additional lighting in the terms storage space, provided that said system and conditions of this Lease. Without limiting the generality of the foregoing lighting (i) Tenant is approved by Landlord, which approval shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; not be unreasonably withheld, conditioned or delayed, (ii) Tenant shall maintain the Storage Area maintains said system and repair any damage to the Storage Area caused by Tenantlighting at its expense, its agents, contractors or employees; and (iii) Tenant pays the utility costs for operating said system, which Tenant shall separately meter as required by Landlord, and Tenant pays for the maintenance for such storage space, provided however, that Tenant shall not otherwise be liable for Operating Expenses or Real Estate Taxes for the garage. Landlord shall retain access to be responsible for preventing water infiltration into the Storage Area and storage space (which cost shall be entitled to enter the Storage Area included in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this LeaseTenant's Operating Expenses), Tenant but Landlord shall quit and surrender the same to Landlord, broom clean, and with any not be liable for damage due to Tenant’s use thereof repaired. Landlord may require humidity caused by existing conditions or, if Tenant at its own expense to secure installs the Storage Areaaforesaid system, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation inadequacy or warranty by Landlordfailure or said system.

Appears in 1 contract

Sources: Office Lease (Watson Wyatt & Co Holdings)

Storage Space. Section 32.1 Landlord hereby grants to Tenant, for Tenant’s own use and not for resale purposes, a license of area up to two thousand (a2000) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable gross square feet on the garage level of in the Building as determined by Landlord in Landlord’s judgment from time to time (the “Storage AreaSpace), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely ) for the dry storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with Property and subject for no other purpose pursuant to all of the terms and conditions of this Lease. Without limiting Article 32 commencing from the generality time Landlord notifies Tenant in writing of the foregoing Storage Space location (i“Storage Space Commencement Date”) Tenant shall extend through the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration Term or earlier termination of this Lease, Section 32.2 Tenant shall quit pay a license fee to Landlord for the Storage Space, as Additional Rent in advance on the first day of each month during the Term, in the amount of six and surrender 50/100 dollars ($6.50) per gross square foot per annum (the same “Storage Space Rent”) beginning on the Storage Space Commencement Date through the Term or- earlier- termination of this Lease. The Storage Space Rent shall increase on each anniversary of the Commencement Date by an amount equal to three percent (3.0%) of the Storage Space Rent, notwithstanding the fact that Tenant may not elect to use the Storage Space immediately upon the Commencement Date. For purposes of this Lease, Storage Space Rent shall be deemed to be included as Additional Rent hereunder. Section 32.3 Tenant shall be responsible, at Tenant’s sole cost and expense, to cage off that certain area encompassing the Storage Space from the rest of the Building and to construct an entrance into the Storage Space from the Premises. Tenant acknowledges and agrees the Storage Space shall have one single point of entry through the Premises only. Section 32.4 Landlord may at its option, at any time during the Term upon not less than thirty (30) days prior notice to Tenant (except in the event of an emergency) relocate the Storage Space to another area in, on or adjacent to the Building designated by Landlord, at Tenant’s sole cost and expense. Section 32.5 For purposes of this Lease and except as otherwise set forth in this Article 32, the Storage Space shall be deemed to be included as part of the Premises and Tenant shall have all those respective obligations regarding the Storage Space as set forth herein for the Premises, including, but not limited to, insurance requirements, maintenance obligations, access rights, and the like. Tenant acknowledges and agrees Landlord will not provide any services to the Storage Space, however, Landlord will cooperate with Tenant, at no cost to Landlord, broom clean, and with to aid Tenant in obtaining any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes requested utilities to the Storage Area without LandlordSpace, all at Tenant’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordsole cost and expense.

Appears in 1 contract

Sources: Lease Agreement (Rackspace Inc)

Storage Space. (a) Landlord shall lease Subject to Tenant the terms of this Section 19, commencing on February 1, 2024, and continuing throughout the remainder of the Lease Term, Tenant shall accept continue to lease from Landlord certain storage space consisting of approximately 1,000 rentable square feet located on the garage level Ground Floor of the Building B, as delineated on Exhibit E attached hereto (the “Storage AreaSpace”), located as shown on Exhibit FP-2, attached hereto . Tenant shall have no obligation to pay Base Rent or Tenant's Share of Direct Expenses with respect to the Storage Space. Tenant acknowledges and agrees that Tenant shall continue to accept the Storage Space in its presently existing "as-is" condition and that Landlord shall have no obligation to provide or pay for any improvement work or services related to the improvement of the Storage Space. ▇▇▇▇▇▇ also acknowledges that neither Landlord nor any agent of Landlord has made a part hereofany representation or warranty regarding the condition of the Storage Space or with respect to the suitability of the same for the conduct of ▇▇▇▇▇▇'s business. The Storage Area Space shall be used by Tenant solely only for storage purposes of shipment pallets, boxes, files, furniture, office equipment and other similar items associated with commercial office space and for shipping and receiving and for no other purpose whatsoever without the prior written consent of Landlord, which consent may be withheld in Landlord's sole discretion. Tenant shall not make any Alterations to the Storage Space and shall be fully responsible for repairing any damage to the Storage Space resulting from or relating to Tenant's use thereof. Tenant shall comply with such rules and regulations as an ancillary may be promulgated by Landlord from time to time pertaining to the use of the Storage Space and shall allow Landlord access to the Storage Space in accordance with the terms of Article 27 of the Office Lease. Tenant acknowledges that Landlord shall have no obligation to provide any security or any services with respect to the Storage Space described in the Lease, including, without limitation, those described in Section 6.1 of the Original Lease, other than Building standard lighting during Building Hours.Tenant shall indemnify, defend and hold harmless the Landlord Parties from and against any and all loss, liability, claims, expenses, damages or costs (including, without limitation, court costs and reasonable 4863-1545-4581.10373382.00003/11-17-23/spm -10- CROSSING/900Sixth Amendment to Office Lease[Box, Inc.] attorneys' fees) arising out of or in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s ▇▇▇▇▇▇'s use of the Storage Space. (b) During , except for property damage and personal injury claims to the term extent caused by ▇▇▇▇▇▇▇▇'s gross negligence or willful misconduct. Tenant's insurance obligations under the Lease shall also pertain to Tenant's use of this Lease, the Storage Area shall be occupied by Tenant in accordance with Space and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord's property located therein.

Appears in 1 contract

Sources: Office Lease (Box Inc)

Storage Space. Provided that Tenant provides written notice to Landlord of Tenant’s desire to lease storage space no later than thirty (a30) Landlord days prior to the Commencement Date, then, commencing on the Commencement Date, and continuing for the balance of the Term (except as provided below in this Paragraph 6(M)), Tenant shall have the right to lease and utilize an amount of storage space not less than 10,000 square feet of Rentable Area and not in excess of Tenant’s Pro Rata Share of all storage space located in the Building and being made available for tenant usage (so long as not less than 10,000 square feet of Rentable Area of storage space is made available to Tenant and Tenant shall accept from Landlord certain as aforesaid), which storage space consisting need not be contiguous (but will be four (4) or fewer spaces of approximately 1,000 rentable no less than 1,500 square feet on the garage level of Rentable Area each), but shall be secure (i.e., having a lockable entrance), ventilated, heated and lighted space located in a portion of the Building designated by Landlord with reasonable access to and from the Tenant Freight Elevator and the Tenant Staging Area. Landlord shall have the right to relocate any such storage space from time to time to another location at the Building reasonably acceptable to Tenant upon not less than sixty (60) days prior written notice thereof to Tenant, so long as (i) the “Storage Area”substitute space is of reasonably comparable size to the space being so relocated, (ii) the substitute space meets all of the criteria described in this Paragraph 6(M), located and (iii) Landlord is responsible, at its expense, for moving all items being stored in the relocated space to the applicable substitute storage space, as shown on Exhibit FP-2well as for the security and condition of any and all items being so moved during the course of such move, attached hereto and made a part hereofin such event, Landlord shall indemnify and hold Tenant harmless from and against, and shall compensate Tenant for, any and all loss or damage to any of the items so moved, to the extent such loss or damage occurred during the course of such move. The Storage Area Tenant shall use such storage space for purposes of storing files, records, furniture, equipment, supplies, attic stock and materials of the type customarily used by office building tenants, and for no other purposes. Landlord shall provide services to such storage space as are customarily provided to storage space in comparable Class A office buildings in downtown Chicago. Tenant shall pay Rent for such storage space at the gross rental rate (i.e., there shall be used no Operating Expenses or Taxes separately payable for any such storage space) of $17.00 per square foot of Rentable Area thereof, increased on a cumulative, compounding basis commencing on the first day of the second Lease Year by Tenant solely for storage purposes as an ancillary use in connection with two and one-half percent (2.5%) annually. Tenant’s use of the Premises. The Storage Area such storage space shall be held by Tenant commencing subject to such reasonable rules and regulations as Landlord from time to time may promulgate on a non-discriminatory basis, and, at Landlord’s request, the Commencement Date parties shall enter into a separate storage space lease in form and continuing thereafter throughout substance reasonably satisfactory to Landlord and Tenant, which shall be consistent with the Term terms of this Paragraph 6(M) and the terms of this Lease, subject and shall not impose any additional duties, obligations or liabilities upon Tenant (except to a de minimis extent). Tenant may elect at any time upon at least thirty (30) days’ prior written notice to Landlord to surrender to Landlord as of the last day of a calendar month thereafter any demisable portion of such storage space (i.e., meaning space which Landlord reasonably determines is capable of being demised as storage space to another tenant without additional cost to separately demise the same being imposed on Landlord) which has access to the Common Areas of the Building. In the event that Tenant does not elect to lease Tenant’s Pro Rata Share of the storage space at the Building effective as of the Commencement Date as provided above, but thereafter notifies Landlord that Tenant desires to lease any such storage space, Landlord shall give Tenant notice if any storage space at the Building is available (or when any additional storage space in the Building will become available), and Tenant shall have the right to lease the same upon the terms (including the then escalated rental rates, continuing to escalate as and when described above) set forth above commencing on the first day designated by Tenant on which such space is (or so becomes) available. Without limitation of the foregoing, and in addition to the storage rights otherwise provided above in this Section 2.7Paragraph 6(M), it is agreed that Tenant shall lease as storage space during the Term, at the Rent rates and other terms otherwise described above in this Paragraph 6(M) relative to other storage space at the Building, such portion of the space on the 5th floor of the Building depicted as being part of the Initial Premises on Exhibit A-1 attached hereto as may be designated by Tenant, by written notice thereof delivered to Landlord on or before December 31, 2005 (time being of the essence); provided that in no event shall Tenant have the right to designate as such storage space on the 5th floor any area which would result in less than 10,000 square feet of Rentable Area, in the aggregate, remaining as part of the Initial Premises hereunder on the 4th and 5th floors of the Building. There In the event that Tenant fails to so timely deliver its notice as described in the preceding sentence, then the entire area on the 5th floor which is designated on Exhibit A-1 as the 5th floor portion of the Premises shall continue to be leased as part of the Initial Premises hereunder. The actual Rentable Area of any storage space so designated by Tenant on the 5th floor shall be no additional charges due in respect of Tenant’s use determined pursuant to the Measurement Method and as part of the Storage Space. (b) During the term determination of this Lease, the Storage all Rentable Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of under this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend have no right to surrender any such 5th floor storage space to Landlord at any time during the coverage of the insurance provided for by Article X of this Lease Term, notwithstanding anything contained herein to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordcontrary.

Appears in 1 contract

Sources: Office Lease (KBS Real Estate Investment Trust II, Inc.)

Storage Space. (a) Landlord shall lease agrees to make available to Tenant and Tenant shall accept from Landlord certain storage space consisting of in the Building containing approximately 1,000 rentable one thousand (1,000) usable square feet feet. Such storage space shall be made available by Landlord to Tenant on the garage level of the Building (the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Lease Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There no rent shall be payable by Tenant to Landlord for the same for the period beginning on the date the same is delivered by Landlord to Tenant through the Rent Commencement Date. The annual gross rent for the storage space leased by Tenant shall be Fifteen Dollars ($15.00) per usable square foot in such space for the one-year period beginning on the Rent Commencement Date. Such monthly gross rent for storage space leased by Tenant shall be increased by three percent (3%) on each anniversary of the Rent Commencement Date. Tenant shall not be required to pay any portion of Operating Expenses or Real Estate Tax Expenses attributable to the storage space leased by it. In no additional charges due in respect event shall Tenant’s Share be increased as a result of Tenant’s use lease of storage space in the Building. Landlord shall notify Tenant of the Storage Space. (b) During availability of storage space in the term of this Lease, the Storage Area Building as and when it becomes available. All storage space leased by Tenant shall be occupied built out by Tenant Landlord, at Landlord’s cost, to contain only the following: the storage space shall consist of cinder block walls, if located in accordance with the Garage, and subject to all the storage space shall have a steel, locked door and shall contain reasonable lighting, a reasonable number of the terms electrical outlets and conditions of this Leasean exhaust fan for ventilation. Without limiting the generality of the foregoing (i) Tenant shall extend have the coverage right at any time to cancel its lease of the insurance provided for all or any portion of storage space leased by Article X of this Lease to the Storage Area; it on not less than thirty (ii30) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same days prior notice to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.

Appears in 1 contract

Sources: Deed of Lease (Watson Wyatt & Co Holdings)

Storage Space. (a) Landlord shall lease hereby grants to Tenant and Tenant shall accept from Landlord a license to use that certain storage space consisting of approximately 1,000 rentable square feet on in the garage level basement of the Building (the “Storage Area”), located as more precisely shown on Exhibit FP-2, A-3 attached hereto and made a part hereofhereof ("Storage Space") consisting of approximately 3,050 rentable square feet. The Storage Area term of such license shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing commence on the Commencement Date or any earlier date specified in a notice from Tenant to Landlord and continuing thereafter throughout shall continue for ten (10) years after the Term Commencement Date or until such earlier time as this Lease shall terminate or Tenant shall vacate the Premises or the Storage Space. During the term of this Leaselicense, Tenant shall pay Landlord a monthly fee of $1.25 per rentable square foot ($3,812.50 per month), on or before the first day of each calendar month during such term. Any initial or final partial month shall be prorated. Tenant may reduce the amount of the Storage Space by at least 30 days prior written notice to Landlord, which reduction shall be effective as of the last day of a calendar month, as designated in the notice. Any additional storage space which Tenant desires to occupy (including but not limited to storage space originally subject to this Section 2.7. There the license but then eliminated therefrom pursuant to a reduction notice, as set forth in the immediately preceding sentence), shall be no additional charges due subject to availability, as reasonably determined by Landlord, and if the space requested by Tenant is not configured as required by Tenant, Tenant shall pay all reasonable costs of reconfiguring 1888 Century Park East [SCPIE Holdings Lease] 45 such space. Tenant shall use the Storage Space for purposes of storing equipment, inventory or other items normally used in respect Tenant's business. All items stored in the Storage Space shall be elevated at least six inches (6") above the floor on wooden pallets, and shall be at least eighteen inches (18") below the bottom of Tenant’s all sprinklers located in the ceiling of the Storage Space, if any. Any boxes shall not be stacked more than 7 feet high. Tenant shall not store anything in the Storage Space which is unsafe or which otherwise may create a hazardous condition, or which may increase Landlord's insurance rates, or cause a cancellation or modification of Landlord's insurance coverage. Without limitation, Tenant shall not store any flammable, combustible or explosive fluid, chemical or substance nor any perishable food or beverage products, except with Landlord's prior written approval. Landlord reserves the right to adopt and enforce reasonable rules and regulations governing the use of the Storage Space from time to time. Tenant shall properly and at all times comply with all applicable ordinances, rules, regulations, codes, laws, statutes and requirements of all federal, state, county and municipal governmental bodies or their subdivisions respecting the use of the Storage Space. (b) During . Tenant shall not, without the term prior written consent of Landlord, assign, mortgage, pledge, hypothecate, encumber or permit any liens to attach to, or otherwise transfer, the Storage Space or any interest therein, by operation of law or otherwise, nor sublet the Storage Space, nor permit the use thereof by any parties other than Tenant and its employees. Any such transfer without Landlord's prior written consent shall, at Landlord's option, be null, void and of no effect. Landlord agrees not to unreasonably withhold consent to any such transfer if it is made in connection with a Transfer pursuant to Article 21 of this Lease, and the Storage Area Space shall be occupied by Tenant deemed assigned to any assignee of Tenant's entire interest in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease pursuant to the Storage Area; (ii) Tenant shall maintain the Storage Area such Article 21, and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and such assignee shall be entitled deemed to enter the Storage Area in accordance have assumed all obligations with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Arearespect thereto, but Tenant shall make no not be released from any such obligations. Landlord may, at its option, upon at least 30 days' advance written notice to Tenant, change the Storage Space hereunder to other changes storage space at the Property comparable to the Storage Area without Landlord’s prior written approvalSpace herein. Tenant agrees that it is accepting to accept the Storage Area in “Space "as is” condition ", and Landlord shall have no obligation to maintain or repair the same. Tenant shall extend all of its insurance policies required under this Lease to include the Storage Space, and the property to be located therein. Upon request, Tenant shall provide Landlord with certificates or other satisfactory evidence of such insurance. Landlord shall have no liability whatsoever for any damage to property or any other items located in the Storage Space, nor for any personal injuries or death arising out of any matter relating to the Storage Space, and in all events, Tenant agrees to look first to its insurance carrier for payment of any losses sustained in connection with Tenant's use of the Storage Space. More particularly, but without representation limitation, Landlord shall have no liability for loss of or warranty damage to any property by Landlordtheft, vandalism, fire, explosion, falling plaster, steam, gas, electricity, water, rain, bursting of pipes, seepage, dampness, or any other cause. Tenant hereby waives on behalf of its insurance carriers all rights of subrogation against Landlord and its agents. If Tenant shall default under this Article 32, 1888 ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ [SCPIE Holdings Lease] 46 Landlord shall have the right to cancel this Storage Space license on ten (10) days' written notice, unless within such ten (10) day period, Tenant cures such default. Such cancellation right shall be cumulative and in addition to any other rights or remedies available to Landlord at law or equity, or provided under this Lease.

Appears in 1 contract

Sources: Office Lease (Scpie Holdings Inc)

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain storage space consisting of have the right to occupy approximately 1,000 rentable 15,000 square feet of space on the garage lower level of the Building as identified on Exhibit B-1 hereto (the “Storage AreaSpace), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall ) to be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premisesbusiness. The term with respect to the Storage Area Space shall be held by Tenant commencing commence on the date on which Landlord makes the Storage Space available to Tenant (the “Storage Space Commencement Date Date”) and continuing thereafter throughout shall terminate on the Term of this Lease, subject to this Section 2.7Expiration Date. There Tenant shall be no additional charges due in respect of Tenant’s not pay any Fixed Annual Rent for the use of the Storage Space. , but except as otherwise provided in this Section 20.27, all of the other provisions of this Lease shall apply as if the Storage Space were a part of the Premises, except that the Storage Space shall not be included in the calculation of Rentable Square Feet for the purpose of determining Tenant’s Share. Tenant shall pay to Landlord as an additional charge for electricity supplied to the Storage Space, an amount determined in accordance with Article 16 of this Lease; provided, however, that if the Storage Space is not separately metered, then such charge shall be equal to Landlord’s actual costs of providing electricity to the Storage Space, as reasonably allocated by Landlord based on a submeter or other reasonable allocation. Landlord shall not be required to provide any services (bsuch as, without limitation, cleaning) During to the term Storage Space, and the Storage Space shall not be included in calculating Tenant’s Share. Tenant shall accept the Storage Space in its “as is” condition. Tenant shall be permitted to make alterations to the Storage Space at Tenant’s sole expense, subject to the conditions set forth in Article 8 of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) provided that Tenant shall extend remove any such alterations as directed by Landlord at the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender to the extent that Landlord so requires in accordance with Article 8. Tenant’s right to occupy the Storage Space hereunder is a license otherwise upon the same to Landlordterms and conditions set forth in this Lease, broom cleanrevocable by Landlord at any time upon the occurrence of an Event of a Default by Tenant under the terms of this Lease, and with any damage due shall not be construed to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordbe a lease of such space.

Appears in 1 contract

Sources: Lease Agreement (American Financial Realty Trust)

Storage Space. Upon notice to Landlord at least thirty (a30) Landlord shall lease days prior to Tenant and the Commencement Date or thereafter, subject to availability (if notice is given following the date which is thirty (30) days prior to the Commencement Date), upon not less than thirty (30) days prior notice to Landlord, Tenant shall accept have the right, to lease from Landlord certain storage space consisting of approximately 1,000 995 rentable square feet on the garage level of storage space in the Building (the "Storage Area”Premises"), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area Tenant shall be used required to pay twelve dollars ($12.00) per square foot per annum for the Storage Premises. Following Tenant's lease of Storage Space, Tenant shall have the right to permanently terminate its lease of such space upon not less than thirty (30) days prior written notice to Landlord. Tenant shall give prompt notice to Landlord in case of fire or accidents in or about the Storage Premises or of defects therein or in the fixtures or equipment related thereto. Tenant acknowledges and agrees that Landlord shall have no obligation to provide any security for the Storage Premises. All Storage Premises rental amounts shall be due on a monthly basis concurrent with Tenant's payment of the Base Rent due with respect to the Premises, and shall constitute rent under the Lease. All Storage Premises leased by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied leased by Tenant in accordance with its present existing, "as-is" condition so long as any such Storage Premises is enclosed by drywall or a fence, has reasonable access thereto and subject to all of the terms adequate utilities therein for its use as storage space, and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided be fully responsible for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair repairing any damage to the Storage Area caused by Premises resulting from or relating to Tenant, its agents, contractors or employees; (iii) Landlord 's use thereof. Tenant's insurance obligations under the Lease shall retain access also pertain to Tenant's use of the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordPremises.

Appears in 1 contract

Sources: Office Building Lease (Aames Financial Corp/De)

Storage Space. (ai) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain have the Option to lease, on the terms of this Section 9(c), storage space consisting of approximately 1,000 rentable square feet on the garage level Basement floor of the Building which storage space (the “Storage AreaSpace”) shall be identified in accordance with this Section 9(c), for a term (the “Storage Term”) that is coterminous with the Term, unless earlier terminated. If Tenant wishes to lease storage space, Tenant shall so inform Landlord in writing, and within thirty (30) days thereafter, Landlord shall inform Tenant in writing of the location and configuration of storage space, if any, which is then available for Tenant’s use (the “Storage Space Availability Notice”). Within thirty (30) days after receipt of the Storage Space Availability Notice, located Tenant may by notice to Landlord (the “Storage Space Exercise Notice”) exercise its option to lease some or all of the storage space offered in the Storage Space Availability Notice, as shown specified by Tenant in the Storage Space Exercise Notice, in which case the specified Storage Space shall be leased on Exhibit FP-2, attached hereto and made the terms of this Section 9(c) for a part hereofterm commencing on the date specified in the Storage Space Exercise Notice. Tenant shall have the right to terminate its lease of the Storage Space (or discreet portions thereof) upon thirty (30) days’ notice to Landlord. (ii) The Storage Area Space shall will be delivered in its “as-is” condition and be used by Tenant solely for the storage purposes of equipment, inventory or other non-perishable items normally used in Tenant’s business, and for no other purpose whatsoever. Tenant agrees to keep the Storage Space in a neat and orderly fashion and to keep all stored items in cartons, file cabinets or other suitable containers. All items stored in the Storage Space shall be elevated at least 6 inches above the floor on wooden pallets, and shall be at least 18 inches below the bottom of all sprinklers located in the ceiling of the Storage Space, if any. Tenant shall not store anything in the Storage Space which is unsafe or which otherwise may create a hazardous condition, or which may increase Landlord’s insurance rates, or cause a cancellation or modification of Landlord’s insurance coverage. Without limitation, Tenant shall not store any flammable, combustible or explosive fluid, chemical or substance nor any perishable food or beverage products, except with Landlord’s prior written approval. Landlord reserves the right to adopt and enforce reasonable rules and regulations governing the use of the Storage Space from time to time. Upon expiration or earlier termination of Tenant’s rights to the Storage Space, Tenant shall completely vacate and surrender the Storage Space to Landlord in the condition in which it was delivered to Tenant, ordinary wear and tear excepted, broom-clean and empty of all personalty and other items placed therein by or on behalf of Tenant. (iii) Tenant shall pay Rent for the Storage Space (“Storage Rent”) at a rental rate, throughout the Storage Term, of [**]* per rentable square foot per annum in equal monthly installments each payable in advance on or before the first day of each month. Any partial month shall be appropriately prorated. All Storage Rent shall be payable in the same manner that Base Rent is payable hereunder. (iv) Except as an ancillary use otherwise provided herein, all terms and provisions of the Lease shall be applicable to the Storage Space, except that Landlord need not supply air-cooling, heat, * CONFIDENTIAL INFORMATION HAS BEEN OMITTED AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. water, janitorial service, cleaning, passenger or freight elevator service, window washing or electricity to the Storage Space and Tenant shall not be entitled to any allowances, rent credits, or expansion rights with respect to the Storage Space unless such concessions or rights are specifically provided for herein with respect to the Storage Space. Landlord shall not be liable for any theft or damage to any items or materials stored in the Storage Space, it being understood that Tenant is using the Storage Space at its own risk, except to the extent any loss or liability results from the negligence or willful misconduct of Landlord or its employees, agents or contractors (and in any event subject to the provisions of Section 22(e) below). The Storage Space shall not be included in the determination of Tenant’s Share nor shall Tenant be required to pay Operating Expenses, Insurance Expenses or Property Taxes in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (bv) During At any time and from time to time, Landlord shall have the term of this Lease, right to relocate the Storage Area Space to a new location which shall be occupied by Tenant in accordance with and subject to all no smaller than the square footage of the terms Storage Space and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to no less accessible or usable than the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Space. Landlord shall retain access to pay the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions direct, out-of-pocket, reasonable expenses of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordsuch relocation.

Appears in 1 contract

Sources: Office Lease Agreement (Del Monte Foods Co)

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain have the right to lease up to approximately one thousand two hundred (1,200) square feet of storage space consisting of approximately 1,000 rentable square feet on (the garage level "Storage Space") in the Project parking facility; provided, however, if, after the first twelve (12) months of the Building Lease Term, Tenant has not commenced leasing or ceases to lease the Storage Space, as applicable, any subsequent leasing of the Storage Space by Tenant shall be subject to availability. The exact size of the Storage Space and the location thereof shall be reasonably determined by Landlord. Tenant shall pay rent equal to One Dollar ($1.00) per square foot of the Storage Area”)Space per month along with Tenant's payments of Base Rent for the Premises. In addition, located Tenant shall pay for, or reimburse Landlord for, all any Landlord-provided utilities used in connection with the Storage Space at the Actual Cost thereof. Tenant shall comply with such rules and regulations as shown on Exhibit FP-2promulgated by Landlord from time to time pertaining to the use of such Storage Space and, attached hereto and made in connection therewith, Tenant agrees that Tenant's obligations under this Lease, including, but without limitation thereof, Article 10 will specifically apply to the Storage Space as if the Storage Space were a part hereofof the Premises. The Tenant agrees not to store any flammable, combustible or other materials in the Storage Area shall be used by Space that would increase the cost of Landlord's insurance, and not to store any toxic, hazardous or odorous materials or waste in the Storage Space. Tenant also agrees not to store excess or highly concentrated weight in the Storage Space. Tenant agrees to use the Storage Space solely for storage purposes of dry goods and not as office or other space. Tenant agrees that Landlord and its agents may enter and inspect the Storage Space and any goods stored therein during normal business hours, on not less than one (1) business day's prior notice (except in an ancillary use emergency in which case no prior notice shall be required). Tenant shall deliver to Landlord a key for any locks installed by Tenant for Landlord's emergency entry purposes. Notwithstanding anything to the contrary contained in this Lease, Tenant accepts the Storage Space in its presently existing "as is", "with all faults", "without any warranties or representations" condition and Landlord shall not be obligated perform any improvement or other work in connection with Tenant’s use of the Premises. The Storage Area No obligations of Landlord under this Lease with respect to the Premises or Base Building shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject apply to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease. Tenant may make interior, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease non-structural modifications to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area Space only in accordance with the terms and conditions of Article XI8 of the Lease. Landlord shall have the right, upon not less than sixty (60) days prior written notice to Tenant, to substitute for the Storage Space comparable storage area within the Project having reasonably comparable access to and reasonably equivalent usable area as the Storage Space, provided that Landlord shall pay all expenses reasonably incurred in moving Tenant's property to such new location; and (iv) upon the expiration or earlier termination of such 60-day written notice, the new storage space shall be deemed to be the Storage Space covered by this terms of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approvalSection 29.48. Tenant agrees that it is accepting to, at all times, maintain the Storage Area Space in “as is” neat and orderly condition without representation and repair. Tenant acknowledges that Landlord shall have no obligation to provide any security, services, maintenance, work or warranty by improvements whatsoever for the Storage Space. Subject to the terms and conditions hereof, Tenant may terminate any such lease of Storage Space upon thirty (30) days written notice to Landlord.

Appears in 1 contract

Sources: Office Lease (Navarre Corp /Mn/)

Storage Space. (a) Landlord shall Tenant has the option to lease to Tenant and Tenant shall accept from Landlord certain storage space consisting of Landlord, for a term coterminous with this Lease, approximately 1,000 513 rentable square feet on the garage level of storage space in the Building known as Spaces H (91 square feet), I (130 square feet), and D (292 square feet) in three (3) separate locations as shown on Exhibit K to this Lease (the “Storage AreaSpace) for the purpose of general office storage use and for no other purpose. Tenant shall pay as Additional Rent for the Storage Space the amount of $1.00 per square foot per month, (with such amount increasing by three percent (3%) each Lease Year). Such rent shall be payable on or before the first (1st) day of each month during the Term in the manner set forth in this Lease. Tenant shall not permit the use or occupancy of the Storage Space by any person or entity other than Tenant, located its agents or employees. Tenant hereby accepts the Storage Space in its “AS IS” broom clean condition and agrees that Landlord shall have no obligation to make any improvements to the Storage Space. Either Tenant or Landlord shall have the right to terminate the lease of the Storage Space upon thirty (30) days prior written notice to Landlord in the case of termination by Tenant and ninety (90) days prior written notice to Tenant in the case of termination by Landlord. Tenant shall have the option of terminating the lease of the Storage Space as shown on Exhibit FP-2, attached hereto and made a part hereofto any of the three (3) locations without terminating the lease of all such locations. The lease of the Storage Area Space shall be governed by all of the other terms and conditions of the Lease including, but not limited to, the indemnity and insurance provisions set forth in Paragraphs 9A. and 8 respectively, except as otherwise set forth in this Paragraph 31 A and except that the square footage of the Storage Space shall not be used by in calculating Base Rent for the Premises, Additional Rent, or any Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use Improvement Allowance hereunder or any other calculation based upon the rentable square footage of the Premises. The Tenant hereby agrees to provide Landlord with a certificate evidencing insurance coverage of the Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject Space prior to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use occupancy of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense will provide utilities for lighting to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordstorage space.

Appears in 1 contract

Sources: Office Lease (TRX Inc/Ga)

Storage Space. In addition to the Premises described in the Lease, commencing on May 1, 2015 (a“Additional Storage Space Commencement Date”) Landlord shall lease hereby rents and leases to Tenant Tenant, and Tenant shall accept hereby rents and leases from Landlord certain storage space consisting of approximately 1,000 rentable square feet on Landlord, the garage level of Additional Storage Space, upon the Building (same terms and conditions as contained in the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely Lease for storage purposes as an ancillary use in connection with Tenant’s use the lease of the Premises, except as follows: a. Tenant shall pay monthly rent to Landlord for the Additional Storage Space as and when Base Rent is due under the Lease in the amount of $661.35 per month. The Storage Area Base Rent shall be held escalated by annually by 2% beginning July 1, 2016; b. The lease term of the Additional Storage Space shall expire and be co-terminus with the Lease of the Premises, as it may be extended from time to time; c. Tenant commencing may use the Additional Storage Space only as a storage area and people may not be assigned to work therein on a full-time basis; d. Landlord shall provide only the Commencement Date following services to the Additional Storage Space: i. electricity; and ii. Janitorial service for common areas; e. The Additional Storage Space shall not be included in determining the number of parking spaces; and f. Tenant accepts such Additional Storage Space on an "AS IS, WHERE IS" basis, "WITH ALL FAULTS" and continuing thereafter throughout the Term of this Leasewithout any representations and warranties whatsoever, subject to this Section 2.7. There and no work or improvements or any allowance therefor shall be no additional charges due in respect of Tenant’s use of the required from Landlord for such Additional Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease not make any improvements or alterations to the Additional Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area Space without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord's consent.

Appears in 1 contract

Sources: Lease Agreement (Manhattan Associates Inc)

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain storage space consisting of have the right to occupy approximately 1,000 rentable 15,000 square feet of space on the garage lower level of the Building as identified on Exhibit B-1 hereto (the "Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall Space") to be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises's business. The term with respect to the Storage Area Space shall be held by Tenant commencing commence on the date on which Landlord makes the Storage Space available to Tenant (the "Storage Space Commencement Date Date") and continuing thereafter throughout shall terminate on the Term of this Lease, subject to this Section 2.7Expiration Date. There Tenant shall be no additional charges due in respect of Tenant’s not pay any Fixed Annual Rent for the use of the Storage Space. , but except as otherwise provided in this Section 20.27, all of the other provisions of this Lease shall apply as if the Storage Space were a part of the Premises, except that the Storage Space shall not be included in the calculation of Rentable Square Feet for the purpose of determining Tenant's Share. Tenant shall pay to Landlord as an additional charge for electricity supplied to the Storage Space, an amount determined in accordance with Article 16 of this Lease; provided, however, that if the Storage Space is not separately metered, then such charge shall be equal to Landlord's actual costs of providing electricity to the Storage Space, as reasonably allocated by Landlord based on a submeter or other reasonable allocation. Landlord shall not be required to provide any services (bsuch as, without limitation, cleaning) During to the term Storage Space, and the Storage Space shall not be included in calculating Tenant's Share. Tenant shall accept the Storage Space in its "as is" condition. Tenant shall be permitted to make alterations to the Storage Space at Tenant's sole expense, subject to the conditions set forth in Article 8 of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) provided that Tenant shall extend remove any such alterations as directed by Landlord at the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender to the extent that Landlord so requires in accordance with Article 8. Tenant's right to occupy the Storage Space hereunder is a license otherwise upon the same to Landlordterms and conditions set forth in this Lease, broom cleanrevocable by Landlord at any time upon the occurrence of an Event of a Default by Tenant under the terms of this Lease, and with any damage due shall not be construed to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordbe a lease of such space.

Appears in 1 contract

Sources: Lease Agreement (Etre Reit, LLC)

Storage Space. (a) Landlord shall In addition to Tenant’s rights to lease to Tenant and the Storage Premises in accordance with the terms of Section 29.30 of the Office Lease, Tenant shall accept from Landlord certain be entitled, at any time following the commencement of construction within the Improvement Space, but subject to availability, to lease up to an additional 3,000 square feet of storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (which may, at Landlord’s option, be provided in up to two (2) increments) (the “Additional Storage AreaPremises”). In no event shall Landlord be required to perform any demolition or tenant improvement work or convert any space (whether then comprised of office space, located as shown on Exhibit FP-2retail space, attached hereto and made a part parking or other non- storage space) to storage space for purposes of providing the same to Tenant. In the event that Landlord shall rent Additional Storage Premises to Tenant in accordance with the terms hereof, Tenant shall pay to Landlord, monthly storage rent in an amount equal to $0.75 per square foot per month for the first year of such lease, with three percent (3%) annual increases thereafter. The Storage Area All storage rent shall be used by Tenant solely for storage purposes as an ancillary use in connection due on a monthly basis concurrently with Tenant’s use payment of the Base Rent due with respect to the Premises, and shall constitute Additional Rent under the Lease, as amended hereby. Tenant shall give prompt notice to Landlord in case of fire or accidents in or about the Additional Storage Premises or of defects therein or in the fixtures or equipment related thereto. Tenant acknowledges and agrees that Landlord shall have no obligation to provide any security for the Additional Storage Premises. Notwithstanding the foregoing, Landlord hereby acknowledges and agrees that the access control services provided by Landlord pursuant to the terms of Section 6.1.7 of the Lease shall apply with respect to Tenant’s lease of the Additional Storage Premises to the extent the Additional Storage Premises are located in the Building and not the “6310 Building,” as that term is defined below. The Additional Storage Area Premises, if leased by Tenant, shall be held leased by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Leasein its then existing, subject to this Section 2.7“as-is” condition. There Tenant shall be no additional charges due in respect of fully responsible for repairing any damage to the Additional Storage Premises to the extent such damage results from or relates to Tenant’s use thereof. Tenant’s insurance obligations under the Lease shall also pertain to Tenant’s use of the Storage Space. Premises. The exact location of the Additional Storage Premises shall be determined by Landlord in its sole and absolute discretion and may be located in the Building and/or in the building located at 6▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (bthe “6310 Building”). Tenant hereby acknowledges and agrees, however, that (i) During the term 6310 Building is currently owned by an affiliate of Landlord and that any rights to storage space in the 6310 Building shall terminate to the extent that such affiliate of Landlord shall sell the 6310 Building, and (ii) to the extent Tenant shall lease storage space pursuant to the terms hereof in the 6310 Building, Tenant shall execute commercially reasonable documentation consistent with the terms of this LeaseSection 6 which may be provided by Landlord or Landlord’s affiliate in connection with Tenant’s lease of storage space at the 6310 Building. Tenant hereby acknowledges that, to the extent Additional Storage Area Space is not available as set forth herein, Landlord shall be occupied by have no liability to Tenant in accordance with connection therewith and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant as amended hereby, shall quit remain in full force and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordeffect.

Appears in 1 contract

Sources: Office Lease (EMAK Worldwide, Inc.)

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain hereby leases approximately 558 square feet of storage space consisting of approximately 1,000 rentable square feet on the garage ground level of the Building Building, which Storage Space will be approximately as shown on Exhibit F attached to this Lease (the “Storage AreaSpace”). Beginning on the Rent Commencement Date and during the Term as the same may be extended, located as shown on Exhibit FP-2, attached hereto and made a part hereofTenant shall pay Landlord annual rent for the Storage Space in an amount equal to Twenty Dollars ($20.00) per square foot multiplied by the number of square feet contained in the Storage Space. The Storage Area Space rent shall be used deemed a part of the additional rent owed by Tenant solely under the Lease and Tenant shall make monthly rental payments for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During Space at the term of this Leasesame time, in the Storage Area shall be occupied by Tenant in accordance with same form and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area otherwise in accordance with the terms and conditions set forth in the Lease for the payment of Annual Fixed Rent. No Expense Payment Amount shall be due or payable by Tenant on account of the Storage Space. Except as set forth in this Article XI; and (iv) upon expiration or earlier termination of this Leaseto the contrary, Tenant shall quit and surrender lease the Storage Space upon the same to Landlord, broom clean, terms and with any damage due to Tenant’s use thereof repairedconditions as Tenant leases the Premises. Landlord may require Tenant at its own expense to secure accepts the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area Space in “as is” condition without representation as of the Term Commencement Date and Landlord shall have no obligation to provide any services in connection with the Storage Space, except that the Storage Space will be tendered to Tenant separately demised with drywall completed, with HVAC and electricity servicing the Storage Space, and otherwise in broom clean condition (the “Storage Condition”). Upon delivering the Storage Space to Tenant in Storage Condition, Landlord will have no obligation to make any improvements, repairs or warranty alterations to the Storage Space. Tenant shall maintain the Storage Space at Tenant’s sole cost and expense. At the end of the Term or earlier termination hereof, Tenant shall surrender the Storage Space to Landlord in broom clean condition, normal wear and tear and damage by Landlordcasualty and Landlord excepted. Tenant will not operate any equipment (electrical or otherwise) in the Storage Space. Tenant shall not assign or sublet all or any portion of the Storage Space except in connection with any assignment of this Lease or sublease of the Premises permitted under the Lease. Tenant’s insurance requirements set forth in the Lease shall also apply with respect to the Storage Space. Tenant shall have the use of the Storage Space for non-perishable and non-Hazardous Substances for the storing of personal property of Tenant and for no other purpose. Notwithstanding anything in this Section 12.1 to the contrary, effective as of and following the expiration of the third (3rd) Lease Year, Tenant shall be entitled, upon no less than six (6) months prior written notice to Landlord to terminate the lease of the Storage Space to be effective as early as the expiration of the third (3rd) Lease Year, in which event the lease of the Storage Space shall terminate as of the date set forth in Tenant’s notice.

Appears in 1 contract

Sources: Lease Agreement (Pegasystems Inc)

Storage Space. (a) 36.01 Landlord shall lease to Tenant and Tenant shall accept from Landlord certain storage space consisting of provide approximately 1,000 5,000 rentable square feet on of storage space in the garage basement level of the Building (the “"Storage Area”Space"), located as shown on Exhibit FP-2for Tenant's "dead file storage". Notwithstanding anything to the contrary, attached hereto the rights and made a part hereof. obligations under this Article 36 are based upon, and subject to, the following: (a) The Storage Area Space shall be used by only in accordance with all applicable laws, statutes and codes. (b) The Base Rent for the Storage Space shall be at the rate of $5.00 per rentable square foot per annum (following the first four Rent Years during which no Base Rent for the Storage Space shall be due), subject to increase under Articles 6 and 7 hereof as though the Storage Space originally had been included and leased under this Lease. (c) Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use may not sublease or assign the Storage Space except to a party to whom or which Tenant may have subleased all of the Premises. Demised Premises in accordance with this Lease. (d) The terms and conditions of the leasing of the Storage Space shall be as follows, except to the extent that the parties otherwise mutually agree: (i) The Storage Area Space shall be held by delivered to Tenant commencing on "as is" and in the Commencement Date same condition in which any prior tenant vacated it, and continuing thereafter throughout none of Landlord's obligations under Article 4 or elsewhere in this Lease, regarding improvement of any space shall be applicable. Tenant shall be responsible to secure the Storage Space, subject to Landlord's approval not to be unreasonably withheld. (ii) The term of the leasing of Storage Space shall be the same as the Term of this Lease, subject to this Section 2.7. There . (iii) No credit against (or contribution towards) cost of improvements or other items shall be no additional charges due in respect of Tenant’s use of applicable to the Storage Space. (biv) During the The term of this Lease, "Demised Premises" shall be deemed to include the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordSpace.

Appears in 1 contract

Sources: Standard Form Lease (Icon Holdings Corp)

Storage Space. Tenant shall have the option, to be exercised by written notice to Landlord on or before October 1, 2002, to lease up to 300 square feet of storage space located in the Parking Garage. If Tenant exercises its option to lease any such storage space, then (ai) Landlord shall lease deliver the same to Tenant within ninety (90) days after the date of Tenant's exercise notice, (ii) the storage space shall be delivered to Tenant with adequate lighting, a ceiling height of not less than 7 1/2 feet, framed out with unfinished sheetrock walls and with a door and a complete lock set, (iii) the storage space shall be in a maximum of two (2) areas; (iv) the term of the leasing of such storage space shall commence on the date Landlord so delivers the storage space to Tenant and, unless terminated sooner by Tenant, shall end upon the termination of this Lease, and (v) Landlord and Tenant shall accept from Landlord certain enter into a Storage Lease in substantially the same form and content as Exhibit I attached hereto prior to Landlord's delivery of the Storage Space. During the portion of the term of the leasing of the storage space consisting that occurs during the Original Term, Tenant shall pay to Landlord for such space annual rent at the rate of approximately 1,000 rentable $7.00 per square feet on foot of the garage level storage space per annum. During the portion of the term of the leasing of the storage space that occurs during any Renewal Term, Tenant shall pay to Landlord for such space annual rent at a rate reasonably determined by Landlord to be the prevailing rate for storage space in the Parking Garage leased separately to other tenants of the Building (i.e., not included as part of the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereofbase rent) at the time of the commencement of such Renewal Term. The Storage Area annual rent shall be used by Tenant solely for storage purposes as an ancillary use payable in connection with Tenant’s use equal monthly installments on the first day of each calendar month falling within the term of the Premises. The Storage Area shall be held by Tenant commencing on leasing of the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7storage space. There shall be no additional rent or other charges due in respect of for such storage space; accordingly, the Tenant’s use 's Proportionate Share shall not be increased to reflect the addition of the Storage Space. storage space. Tenant, upon at least thirty (b30) During days prior written notice to Landlord given at any time, may terminate the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all leasing of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordstorage space.

Appears in 1 contract

Sources: Lease Agreement (KBS Real Estate Investment Trust II, Inc.)

Storage Space. (a) Landlord shall lease to Tenant and During the term of this lease, Tenant shall accept from Landlord certain storage be entitled to use the space consisting of approximately 1,000 rentable square feet on (hereinafter referred to as the garage level "STORAGE SPACE") located in the basement of the Building (the “Storage Area”), located as shown set forth on Exhibit FP-2, attached I annexed hereto and made a part hereof. The agreed rentable square foot area of the Storage Area Space shall be deemed to be 2,400 rentable square feet. (b) Tenant's use of the Storage Space shall be upon, and subject to, all of the terms, covenants and conditions contained in this lease, except that: (i) Section 2.01 shall be deemed amended with respect to the Storage Space to allow Tenant's use thereof solely as storage space to be used in conjunction with the business conducted in the Demised Premises and for the storage of bicycles, on a daily basis. (ii) Tenant agrees to take possession of the Storage Space in its "as is" condition, the parties hereto agreeing that Landlord shall not be obligated to perform, or to pay the cost and expense of performing, any work in the Storage Space to prepare the same for Tenant's occupancy. (iii) Subject to the provisions of Section 16.04, Landlord, at its expense, shall provide electricity to the light fixtures, if any, presently existing in the Storage Space and Tenant shall not utilize any equipment which consumes electricity in the Storage Space. (iv) The following provisions of this lease shall be inapplicable to the Storage Space and shall be deemed deleted from the lease with respect to the Storage Space: (A) Articles 4, 5, 9 (except as set forth in Subsection (vi) below), and 17; (B) Sections 1.04, 16.01-16.03 and 16.07-16.08 and 18.02-18.05. (v) For purposes of this Article 43 and with respect to the Storage Space, all references in Section 18.01 of this lease to elevator service shall be deemed to refer to freight elevator service, it being acknowledged by Tenant solely for storage purposes as an ancillary use that only freight elevator service is available to the floor on which the Storage Space is situated and only such freight elevator(s) may be used, in accordance with the applicable provisions of this lease, to bring the bicycles set forth above to and from the Storage Space. (vi) Notwithstanding anything in this lease to the contrary, the Storage Space may not be sublet, either in whole or in part, except in connection with Tenant’s use a valid subletting of all or a portion of the Premises. The Storage Area Demised Premises in accordance with the terms of this lease, and shall not be assigned except in connection with a valid assignment of this lease in accordance with the terms of this lease, provided, however, that in either such case and notwithstanding anything to the contrary, the provisions of Article 9 of this lease shall be held applicable to such assignment or subletting. (c) In the event that, at any time during the term of this lease, Landlord shall, in its sole discretion, desire to relocate the Storage Space or any portion thereof, Landlord shall send written notice thereof (hereinafter referred to as the "RELOCATION NOTICE") to Tenant by certified mail, return receipt requested, which Relocation Notice shall be sent to Tenant together with a floor plan of the space in the Building to which the Storage Space (or any portion thereof) is to be relocated (hereinafter referred to as the "NEW STORAGE SPACE") and which New Storage Space shall have a rentable area equal to the rentable area of Storage Space (or any portion thereof) being relocated. Promptly after Tenant's receipt of the Relocation Notice, Tenant shall quit and surrender the Storage Space (or such portion being relocated) to Landlord and move all of the contents of the Storage Space (or such portion being relocated) into the New Storage Space at Landlord's sole and reasonable cost and expense. 43.02 Tenant shall pay to Landlord, on account of the Storage Space, as additional rent, on the first day of each month during the term of this lease the amount of $38,400.00 per annum ($3,200.00 per month) commencing on the 17th Floor Commencement Date (as defined in Section 1.03) through the day next preceding the fifth (5th) anniversary of the 17th Floor Rent Commencement Date, both dates inclusive, and the amount of $43,200.00 per annum ($3,600.00 per month) from the fifth (5th) anniversary of the 17th Floor Rent Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use remainder of the Storage Space. (b) During the initial term of this Leaselease. In the event Tenant exercises the Renewal Option, the Storage Area shall be occupied by Tenant in accordance amount of such additional rent with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease respect to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and Space shall be entitled to enter the Storage Area determined in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure manner as the Storage Area, Renewal Rent but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordnot be less than $43,200.00 per annum.

Appears in 1 contract

Sources: Lease Agreement (Bolt Inc)

Storage Space. (ai) Landlord shall Provided such space is available for lease from time to time during the Term, Tenant and Tenant shall accept will have the option to lease from Landlord certain storage space consisting of approximately 1,000 rentable square feet on located in the garage level basement of the Building (the “Storage AreaSpace”) on a month-to-month basis until Tenant terminates the leasing of such Storage Space; provided that in no event will the term of Tenant’s leasing of any Storage Space extend beyond the expiration or sooner termination of this Lease, such option to be exercised by written notice to Landlord (“Tenant’s Storage Exercise Notice”); promptly following delivery of Tenant’s Storage Exercise Notice, located as shown on Exhibit FP-2Landlord will notify Tenant of the location, attached hereto size and made a part hereof. The configuration of any Storage Area Space which is then available. (ii) Provided the Storage Space is available for lease following the date of Tenant’s Storage Exercise Notice, the Storage Space shall be delivered in its “as-is” condition and be used by Tenant solely for the storage purposes as an ancillary of equipment, inventory or other non-perishable items normally used in Tenant’s business, and for no other purpose whatsoever. Tenant agrees to keep the Storage Space in a neat and orderly fashion and to keep all stored items in cartons, file cabinets or other suitable containers. All items stored in the Storage Space shall be elevated at least 6 inches above the floor on wooden pallets, and shall be at least 18 inches below the bottom of all sprinklers located in the ceiling of the Storage Space, if any. Tenant shall not store anything in the Storage Space which is unsafe or which otherwise may create a hazardous condition, or which may increase Landlord’s insurance rates, or cause a cancellation or modification of Landlord’s insurance coverage. Without limitation, Tenant shall not store any flammable, combustible or explosive fluid, chemical or substance nor any perishable food or beverage products, except with Landlord’s prior written approval. Landlord reserves the right to adopt and enforce reasonable rules and regulations not inconsistent with this Lease governing the use of the Storage Space from time to time. Upon expiration or earlier termination of Tenant’s rights to the Storage Space, Tenant shall completely vacate and surrender the Storage Space to Landlord in the condition in which it was delivered to Tenant, ordinary wear and tear excepted, broom-clean and empty of all personalty and other items placed therein by or on behalf of Tenant. (iii) Tenant shall pay Rent for the Storage Space (“Storage Rent”) in the amount equal to $20.00 per rentable square foot per annum in equal monthly installments, plus applicable sale and use taxes, each payable in advance on or before the first day of each month. Any partial month shall be appropriately prorated. All Storage Rent shall be payable in the same manner that Base Rent is payable hereunder. (iv) All terms and provisions of this Lease shall be applicable to the Storage Space, except that Landlord need not supply air-cooling, heat, water, janitorial service, cleaning, window washing or electricity to the Storage Space and Tenant shall not be entitled to any allowances, rent credits, or expansion rights with respect to the Storage Space unless such concessions or rights are specifically provided for herein with respect to the Storage Space. Landlord shall not be liable for any theft or damage to any items or materials stored in the Storage Space, it being understood that Tenant is using the Storage Space at its own risk. The Storage Space shall not be included in the determination of Tenant’s Share nor shall Tenant be required to pay Operating Expenses, Insurance Expenses or Property Taxes in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (bv) During At any time and from time to time, Landlord shall have the term of this Lease, right to relocate the Storage Area Space to a new location which shall be occupied by Tenant in accordance with and subject to all no smaller than the square footage of the terms and conditions of this LeaseStorage Space. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to pay the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions direct, out-of-pocket, reasonable expenses of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordsuch relocation.

Appears in 1 contract

Sources: Office Lease Agreement (Medivation, Inc.)

Storage Space. (a) Landlord shall lease storage space (“Storage Space”) to Tenant on the following terms and conditions: (1) Commencing on September 1, 1997, Tenant shall accept from Landlord certain storage space consisting of have the right to lease up to approximately 1,000 rentable 7,500 square feet on the garage level of Storage Space in the Building (the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall to be used by Tenant solely for the storage of books, papers and documents, only. Tenant shall make its final determination as to the maximum amount of Storage Space which it wishes to lease no later than December 31, 1997, and the terms set forth herein shall only apply to storage space leased by Tenant prior to December 31, 1997. Any storage space which Tenant is leasing as of September 1, 1997 pursuant to the Existing Lease shall be deemed to be part of (i.e., shall count toward) the total square footage of storage space which Tenant is leasing hereunder. Storage Rent for the Storage Space shall be as follows: (a) Storage Space up to and including 3,916 square feet: $10.00 per square foot for the period commencing on September 1, 1997 and ending on August 31, 1998. Thereafter, on each September 1 during the Term, such Storage Rent shall be increased by 2.25% over the Storage Rent for the preceding 12-month period. (b) Storage Space over 3,916 square feet up to and including 7,500 square feet: $11.00 per square foot for the period commencing on September 1, 1997 and ending on August 31, 1998. Thereafter, on each September 1 during the Term, such Storage Rent shall be increased by 2.25% over the Storage Rent for the preceding 12-month period. The Storage Space Rent shall be payable as and when Monthly Base Rent is payable, commencing on the date that possession of the Storage Space is delivered to Tenant. Notwithstanding the foregoing, for purposes as an ancillary use in connection with of calculating Tenant’s use Share, the Storage Space shall not be included in the Rentable Area of the Premises. (2) Tenant shall not be required to pay Taxes or Operating Expenses with respect to the Storage Space but shall be responsible for all electricity charges with respect to the Storage Space. Tenant agrees to keep the Storage Space in a neat and orderly fashion and to keep all stored items in cartons, file cabinets or other suitable containers. (3) The Storage Area Space shall be held by made available to Tenant commencing on in broom clean condition. Landlord has no obligation to make any improvement to the Commencement Date Storage Space other than to install a single light fixture, a door with a lock and continuing thereafter throughout demising walls; provided, however, that Tenant shall pay the Term costs of this Lease, subject to this Section 2.7any demising work. There shall be no additional charges due in respect of Tenant’s use of the Storage SpaceSpace shall at all times be in compliance with the provisions of this Lease. (b4) During the term of this LeaseLandlord may from time to time upon thirty (30) days prior notice to Tenant relocate, the Storage Area shall be occupied by Tenant in accordance with and subject to at Landlord’s expense, any or all of the terms Storage Space to other storage areas in the Building (“New Storage Space”) in which event the New Storage Space shall be deemed to be the Storage Space hereunder. Landlord shall pay the actual and conditions reasonable expenses of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease physically moving Tenant’s property to the New Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordSpace.

Appears in 1 contract

Sources: Lease (FSP 303 East Wacker Drive Corp.)

Storage Space. (a) Landlord shall lease to Tenant, for the Storage Space Term (as defined below), space within the Building to be used and occupied by Tenant and Tenant shall accept from Landlord certain only as storage space consisting of approximately 1,000 rentable square feet on for the garage level FF&E identified in the Furniture Inventory List (“Storage Space”). The location of the Building (Storage Space shall be determined in Landlord’s sole and absolute discretion provided that such space is sufficient in size to store the “Storage Area”), located as shown on Exhibit FP-2, attached hereto and made a part hereofitems listed in the Furniture Inventory List. The Storage Area Space shall be used by made available to Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of broom clean condition. Landlord has no obligation to make any improvement to the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date Space and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. Space shall at all times be in compliance with the provisions of the Lease. Tenant shall pay Landlord as rent for the Storage Space (bthe “Storage Space Rent”) During for the term first eighteen (18) months of this Leasethe initial Term an amount equal $0.00 and for each month thereafter, an amount equal to $10.00 per square foot of the total Storage Space until the expiration of the Storage Space Term. The Storage Space Rent shall be payable as and when Monthly Base Rent is payable, commencing on the date that possession of the Storage Space is delivered to Tenant. Notwithstanding the foregoing, for purposes of calculating Tenant’s Proportionate Share, the Storage Area Space shall not be occupied by Tenant included in accordance with and subject to all the rentable area of the terms and conditions of this LeasePremises. Without limiting The term for the generality Storage Space shall commence upon the date that possession of the foregoing Storage Space is delivered to Tenant and shall expire upon the earlier of the date when: (i) Tenant shall extend elects to exercise its First Refusal Right for the coverage ROFR Space in accordance with ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇, (▇▇) the term of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors has expired or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area is otherwise terminated in accordance with the terms and conditions of Article XI; the Lease, and (iviii) upon expiration or earlier termination Tenant notifies Landlord in writing of this Lease, Tenant shall quit and surrender its election to terminate its occupancy with respect to the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repairedStorage Space. Landlord may require Tenant at its own expense from time to secure time upon thirty (30) days prior written notice to Tenant, relocate any or all of the Storage Area, but Tenant Space to other storage areas in the Building (“New Storage Space”) in which event the New Storage Space shall make no other changes be deemed to be the Storage Space hereunder. Landlord shall pay the actual and reasonable expenses of physically moving Tenant’s property to the New Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordSpace.

Appears in 1 contract

Sources: Lease Agreement (Interhealth Facility Transport, Inc.)

Storage Space. (a) Effective as of the Second Floor Commencement Date, Landlord shall lease hereby leases to Tenant and Tenant shall accept from Landlord certain storage additional space consisting of containing approximately 1,000 rentable square feet in such areas as more particularly designated on Schedule ▇- ▇ ▇▇▇▇▇▇▇▇ hereto. In addition, Landlord hereby grants to Tenant the garage level right to lease certain additional storage space in such areas of the Building Project as are designated for storage by Landlord on a first-come, first-served basis (the initial storage space and additional storage space leased to Tenant by Landlord, if any, are collectively the "Storage Area”Space"). Tenant may exercise its option to lease additional Storage Space from time to time throughout the term of the Lease by giving written notice to Landlord of its desire to lease the same, located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area which notice shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use conditioned upon the availability of the Premisesdesired space. The Tenant shall pay Landlord an annual rental for the Storage Area shall be held by Tenant commencing on Space (the Commencement Date and continuing thereafter throughout the Term "Storage Rent") equal to $10.25 per rentable square foot of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use GLA of the Storage Space. (b) During , adjusted annually at the term rate of 2 1/2% per annum. The Lease Years for Storage Space shall be concurrent with the Lease Years for the Premises. No janitorial or trash removal services shall be provided to the Storage Space. No other charges shall be applied, as Additional Rent or otherwise, to the Storage Space, except for charges incurred by Landlord in enforcing its rights relating to the Storage Space under this Lease, in accordance with the terms of this Lease. The Tenant shall have the option, exercisable at any time during the Term, to cancel its lease of the Storage Area shall be occupied by Tenant Space, upon thirty (30) days' prior written notice to the Landlord. Except as provided in accordance with and subject to all of this Section 2.1(b), the terms and conditions of Tenant's occupancy of the Storage Space shall be as set forth in this Lease. Without limiting The Storage Space shall be leased in its absolute "AS IS" condition. There shall also be no core factor for the generality of Storage Space (i.e., the foregoing (i) Tenant usable areas shall extend the coverage of the insurance provided for by Article X of this Lease be equal to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordrentable area).

Appears in 1 contract

Sources: Office Lease Agreement (Teligent Inc)

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain have the right to lease up to approximately 500 square feet of storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the “Storage AreaSpace)) in the Project parking facility; provided, located however, if, after the first twelve (12) months of the Lease Term, Tenant has not commenced leasing or ceases to lease the Storage Space, as shown on Exhibit FP-2applicable, attached hereto any subsequent leasing of the Storage Space by Tenant shall be subject to availability. The exact size of the Storage Space and made the location thereof shall be reasonably determined by Landlord. Tenant shall not be required to pay rent with respect to the Storage Space; provided, however, Tenant shall pay for, or reimburse Landlord for any Landlord provided utilities used in connection with the Storage Space. Tenant shall comply with such rules and regulations as promulgated by Landlord from time to time pertaining to the use of such Storage Space and, in connection therewith, Tenant agrees that Tenant’s obligations under this Lease, including, but without limitation thereof, Article 10 will specifically apply to the Storage Space as if the Storage Space were a part hereofof the Premises. The Tenant agrees not to store any flammable, combustible or other materials in the Storage Area shall be used by Space that would increase the cost of Landlord’s insurance, and not to store any toxic, hazardous or odorous materials or waste in the Storage Space. Tenant also agrees not to store excess or highly concentrated weight in the Storage Space. Tenant agrees to use the Storage Space solely for storage purposes of dry goods and not as office or other space. Tenant agrees that Landlord and its agents may enter and inspect the Storage Space and any goods stored therein during normal business hours, on not less than one (1) business day’s prior notice (except in an ancillary use emergency in which case no prior notice shall be required). Tenant shall deliver to Landlord a key for any locks installed by Tenant for Landlord’s emergency entry purposes. Notwithstanding anything to the contrary contained in this Lease, Tenant accepts the Storage Space in its presently existing “as is”, “with all faults”, “without any warranties or representations” condition and Landlord shall not be obligated perform any improvement or other work in connection with Tenant’s use of the Premises. The Storage Area No obligations of Landlord under this Lease with respect to the Premises or Base Building shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject apply to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease. Tenant may make interior, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease non-structural modifications to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area Space only in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination 8 of this the Lease. If Landlord so elects, Tenant shall quit execute and surrender the same deliver to Landlord, broom cleanLandlord’s standard form Storage Space Lease within thirty (30) days after Tenant’s receipt thereof. Landlord shall have the right, and with any damage due upon not less than sixty (60) days prior written notice to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense , to secure substitute for the Storage Area, but Tenant shall make no other changes Space comparable storage area within the Project having reasonably comparable access to and reasonably equivalent usable area as the Storage Area without LandlordSpace, provided that Landlord shall pay all expenses reasonably incurred in moving Tenant’s prior property to such new location; and upon the expiration of such 60-day written approvalnotice, the new storage space shall be deemed to be the Storage Space covered by this terms of this Article 22. Tenant agrees that it is accepting to, at all times, maintain the Storage Area Space in “as is” neat and orderly condition without representation and repair. Tenant acknowledges that Landlord shall have no obligation to provide any security, services, maintenance, work or warranty by improvements whatsoever for the Storage Space. Subject to the terms and conditions hereof, Tenant may terminate any such lease of Storage Space upon thirty (30) days written notice to Landlord.

Appears in 1 contract

Sources: Office Lease (Internet Brands, Inc.)

Storage Space. A. From and after the Rent Commencement Date, Tenant shall have the right, subject to the terms and conditions of this Section VI, to lease the storage and auxiliary spaces identified on Schedule E-1 attached hereto and made a part hereof (the “Storage Space”). Landlord may prepare and Tenant will execute a separate storage space agreement that is consistent with the terms of this Section VI and otherwise mutually acceptable to Landlord and Tenant. Tenant will pay rent for the Storage Space at an annual rate of Twelve and 00/100 Dollars ($12.00) per rentable square foot of the Storage Space (the “Storage Space Rent”), except Tenant shall have no obligation to pay Landlord any rent for the use of the space in the MPOP (as defined below). The Storage Space Rent shall increase at a rate of Twenty-Five Cents ($0.25) per year on the first anniversary of the Rent Commencement Date and each subsequent anniversary thereafter (or, if a separate storage space agreement is entered into, on the first anniversary of the commencement date of the separate storage space agreement and each subsequent anniversary thereafter). The Storage Space Rent shall be payable in monthly installments at the same times and in the same manner as the payment of Rent under the Lease. The Storage Space will be leased to and accepted by Tenant in its current “as is”, “as-built” condition, without any obligation by Landlord to make any modifications or improvements to the Storage Space. B. The Storage Rooms (as defined on Schedule E-1) shall be used by Tenant for the storage of equipment, inventory or other non-perishable items normally used in Tenant’s business, and for no other purpose whatsoever. Tenant agrees to keep the Storage Rooms in a neat and orderly fashion and to keep all stored items in cartons, file cabinets or other suitable containers. All items stored in the Storage Rooms shall be elevated at least 6 inches above the floor on wooden pallets, and shall be at least 18 inches below the bottom of all sprinklers located in the ceiling of the Storage Rooms, if any. Tenant shall not store anything in the Storage Rooms which is unsafe or which otherwise may create a hazardous condition, or which may increase Landlord’s insurance rates, or cause a cancellation or modification of Landlord’s insurance coverage. Without limitation, Tenant shall not store any flammable, combustible or explosive fluid, chemical or substance nor any perishable food or beverage products, except with Landlord’s prior written approval. Landlord reserves the right to adopt and enforce reasonable rules and regulations governing the use of the Storage Rooms from time to time. Upon expiration or earlier termination of the Term of this Lease, Tenant shall completely vacate and surrender the Storage Rooms to Landlord in the condition that existed on the Effective Date, ordinary wear and tear excepted, broom-clean and empty of all personalty and other items placed therein by or on behalf of Tenant. Tenant’s sole access to Storage Room 3103A is through storage spaces 3103 and 3151, which Landlord leases to U.S. Bank. Landlord has been advised that Tenant intends to continue to access Storage ▇▇▇▇ ▇▇▇▇▇ through storage spaces 3103 and 3151 during the Term of this Lease and any extension thereof subject to the consent of U.S. Bank. Tenant acknowledges and agrees that Landlord will have no liability to Tenant in the event U.S. Bank restricts or prevents Tenant’s access to or use of Storage ▇▇▇▇ ▇▇▇▇▇. If U.S Bank restricts or prevents Tenant’s access to or use of Storage ▇▇▇▇ ▇▇▇▇▇, on not less than thirty (30) days written notice to Landlord, this Lease shall be terminated with respect to Storage ▇▇▇▇ ▇▇▇▇▇. C. All terms and provisions of the Lease shall be applicable to the Storage Rooms, including, without limitation, Article XIV (Indemnity and Waiver of Claims) and Article XV (Tenant’s Insurance), except that, with respect to the Storage Rooms, Tenant shall not be obligated to pay any Rent (except as provided in Paragraph A of this Section VI), Landlord need not supply air-cooling, heat, water, janitorial service, cleaning, passenger or freight elevator service, window washing or electricity to the Storage Rooms and Tenant shall not be entitled to any allowances, rent credits, or expansion rights with respect to the Storage Rooms. Landlord shall not be liable for any theft or damage to any items or materials stored in the Storage Rooms, it being understood that Tenant is using the Storage Rooms at its own risk. The Storage Rooms shall not be included in the determination of Tenant’s Pro Rata Share under the Lease nor shall Tenant be required to pay Expenses in connection with the Storage Rooms. D. At any time and from time to time, Landlord shall have the right, on not less than sixty (60) days prior written notice to Tenant, to relocate the Storage Rooms to a new location in the Building which shall be no smaller than the square footage of the Storage Rooms. Landlord shall pay the direct, out-of-pocket, expenses of such relocation. E. With respect to the Auxiliary Rooms (as defined on Schedule E-1), Landlord shall deliver the Auxiliary Rooms in their current “as is” condition and configuration, which shall include the levels and capacities of power, cooling and other mechanical equipment which are allocated to or used by Tenant as of the Effective Date. All terms and provisions of this Lease shall be applicable to the Auxiliary Rooms, including, without limitation, Article XIV (Indemnity and Waiver of Claims) and Article XV (Tenant’s Insurance), except that Tenant shall not be obligated to pay any Rent (except as provided in Paragraph A of this Section VI) and Tenant shall not be entitled to any allowances, rent credits, or expansion rights with respect to the Auxiliary Rooms. Tenant may also use the Auxiliary Rooms for storage space purposes and/or such other installations relating to Tenant’s use of the Premises in compliance with the terms of the Lease. Without limitation to the other requirements of the Lease, Landlord and Tenant acknowledge and agree that (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain storage space consisting as of approximately 1,000 rentable square feet June 1, 2014, the major point of presence room located on the garage level Floor Parking Level One (P1) of the Building (the “Storage AreaMPOP”) shall be included in the definition of Common Areas, (b) Tenant’s right to use space in the MPOP are non-exclusive and in common with Landlord and other Building occupants, and (c) Tenant may use space in the MPOP for the purpose of maintaining, operating and replacing, from time to time, telephone, data, cabling, hubs (including a fiber optics hub), switches, and other telecommunications items and equipment; provided, however, Tenant shall not have the right to install any additional equipment or expand the existing equipment in the MPOP (collectively, “Communications Equipment”), located as shown on Exhibit FP-2, attached hereto . Tenant acknowledges that the Communications Equipment in the MPOP is not secured and made a part hereof. The Storage Area Landlord shall have no liability to cause the Communications Equipment to be used by Tenant solely secured or for storage purposes as an ancillary use in connection any damage to or tampering with Tenant’s use any of the PremisesCommunications Equipment. The Storage Area shall be held by Further, Tenant commencing on also has certain Communications Equipment located in storage room P1B01 (the Commencement Date and continuing thereafter throughout “APOP Room”) which Landlord leases to U.S. Bank. Landlord has been advised that Tenant intends to use space in APOP room during the Term of this Lease, Lease and any extensions thereof subject to this Section 2.7the consent of U.S. Bank. There Tenant acknowledges and agrees that Landlord will have no liability to Tenant in the event U.S. Bank restricts or prevents Tenant’s access to or use of the APOP Room. The Auxiliary Rooms shall not be no additional charges due included in respect the determination of Tenant’s use Pro Rata Share under this Lease nor shall Tenant be required to pay Expenses in connection with the Auxiliary Rooms. F. At any time during the Term, Tenant may surrender any of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject Spaces to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this LeaseLease on not less than thirty (30) days prior written notice to Landlord. G. If Tenant assigns the Lease or sublets all or any part of the Premises (other than in connection with a Permitted Transfer, as defined in Article XII of the Lease or to an Approved User), Landlord, at its option, on thirty (30) days notice to Tenant, may terminate Tenant’s rights to a that percentage of the Storage Rooms that is equal to the percentage of the Premises that is sublet (rounded to the nearest 25th percent). Additionally, notwithstanding anything set forth in Article XII of the Lease to the contrary, except in connection with a Permitted Transfer, Approved User or other Transfer approved by Landlord, Tenant shall quit and surrender not, without the same to prior written consent of Landlord, broom cleanwhich consent may be withheld in Landlord’s sole discretion, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure assign, sublease, transfer or encumber the Storage AreaRooms or grant any license, but Tenant shall make no concession or other changes to right of occupancy or permit the use of the Storage Area without Landlord’s prior written approvalSpace by any party other than Tenant. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.Exhibit E – Page 15

Appears in 1 contract

Sources: Office Lease Agreement (Piper Jaffray Companies)

Storage Space. (a) Landlord shall lease to Tenant Tenant, and Tenant shall accept lease from Landlord certain storage space consisting Landlord, for a term coterminous with this Lease, up to a total of approximately 1,000 rentable 2,211 usable square feet of storage space, being on the garage level Level P3 of the Building (the “Storage AreaSpace”), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely for the purpose of general office storage use and/or for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s miscellaneous training materials and supplies, store fixtures, samples, merchandise, promotional goods and materials, and other supplies for office or retail use in Tenant’s business and for no other purpose. Such Storage Space will be caged and locked. Tenant shall pay as a “gross rent” for the Storage Space the amount of $12.00 per annum per usable square foot of the Storage Space in equal monthly installments. Such rent shall be payable on or before the first (1st) day of each month during the Term in the manner set forth in this Lease. Tenant shall not permit the use or occupancy of the Storage Space by any person or entity other than Tenant, its agents or employees. Upon Tenant’s leasing of the Storage Space. (b) During the term of this Lease, Tenant shall accept the Storage Area Space in its “AS IS” condition and agrees that Landlord shall have no obligation to make any improvements to the Storage Space. The lease of the Storage Space shall be occupied governed by Tenant in accordance with and subject to all of the other terms and conditions of this Lease. Without limiting the generality Lease including, but not limited to, the indemnity and insurance provisions therein, except that the square footage of the foregoing (i) Storage Space shall not be used in calculating Basic Rent for the Leased Premises, Additional Rent, or any tenant improvement allowance hereunder or any other calculation based upon the rentable square footage of the Leased Premises. Tenant shall extend the hereby agrees to provide Landlord with a certificate evidencing insurance coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due Space prior to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure occupancy of the Storage Area, but Tenant shall make no other changes to the Space. The Storage Area without Landlord’s prior written approval. Tenant agrees that it Space is accepting the Storage Area in depicted on Schedule as isG-5condition without representation or warranty by Landlordattached hereto.

Appears in 1 contract

Sources: Lease Agreement (Carters Inc)

Storage Space. (a) Landlord shall lease to Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the "Storage Area"), located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s 's use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s 's use of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s 's use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s 's prior written approval. Tenant agrees that it is accepting the Storage Area in "as is" condition without representation or warranty by Landlord.

Appears in 1 contract

Sources: Lease Agreement (First Marblehead Corp)

Storage Space. 4.1 During the Storage Space Rental Term and for the Storage Space Fee (aas such terms are defined herein), Landlord hereby agrees to provide to Tenant, and Tenant hereby accepts from Landlord no less than seven hundred (700) Landlord shall lease square feet of Storage Space. “Storage Space” means space on premises owned or leased by Landlord, comparable in size and condition to the First Refusal Space (as defined below) or otherwise acceptable to Tenant in its sole and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the “Storage Area”)absolute discretion, located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused reasonably accessible by Tenant, its agents, employees, contractors or employees; and representatives, accessible by fork-lift for freight-loading and unloading, and located within five hundred (iii500) Landlord yards of the Building. Subject to the foregoing, the exact location of the Storage Space is at Landlord’s sole discretion and may be in an area in which property of others is located and not walled off from Tenant stored property. Tenant shall retain access have the right to use the Storage Space for warehouse and storage use. Access to the Storage Area and Space shall require accompaniment by someone from SVTC facilities or security staff but access shall be entitled available at all times. Storage Space may not be used to enter perform work of any kind other than the loading, unloading, storage or inventorying of stored property. Notwithstanding anything to the contrary set forth herein, if Landlord is unable to provide Storage Space to Tenant for any reason during the Storage Area in accordance Space Rental Term, Landlord shall use reasonable efforts to provide Tenant with no less than thirty (30) days written notice of such unavailability, this Lease shall terminate solely with respect to the terms and conditions Storage Space as of Article XI; and (iv) upon expiration or earlier termination of this Leasethe date immediately preceding the date that such Storage Space is unavailable, Tenant shall quit and surrender have no further obligation to pay the same to Landlord, broom cleanStorage Space Fee (defined below), and with any damage due Tenant shall have the right to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure deduct the Storage Area, but Tenant shall make no other changes Space Fee from the Rent for the remainder of the Term. If this Lease is terminated with respect to the Storage Area without Landlord’s prior written approval. Space pursuant to the immediately preceding sentence, Landlord shall from time to time immediately notify Tenant agrees that in writing of the availability of any Storage Space in any building owned or leased by Landlord of which it is accepting becomes aware, and Tenant shall have the right in its sole and absolute discretion to elect to lease such space from Landlord for the Storage Area in “as is” condition without representation Space Fee (or warranty by Landlordthe prorata portion thereof).

Appears in 1 contract

Sources: Lease Agreement (PDF Solutions Inc)

Storage Space. (a) Landlord shall lease At any time, from time to Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the “Storage Area”)time, located as shown on Exhibit FP-2, attached hereto and made a part hereof. The Storage Area shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During during the term of this Lease, and provided there shall not have occurred an Event of Default, Tenant may, in addition to the Storage Area storage space leased to Tenant pursuant to the last sentence of this Section I, upon thirty (30) days prior written notice to Landlord, elect to use up to 2,000 additional square feet of space in the basement of the Building, which may be used by Tenant for storage only and for no other purpose, provided, however, such space is available, which availability shall be occupied determined by Landlord in Landlord's sole discretion. Tenant's notice shall also state the term for which Tenant elects to lease such storage space. In consideration therefor, commencing on the date which is thirty (30) days after Tenant has delivered the aforesaid notice (provided Landlord has consented to the availability of such space), Tenant shall pay to Landlord, in addition to Rent and all other sums payable by Tenant to Landlord under the Lease, a per annum amount, payable in accordance with and equal monthly installments, equal to the product of (x) the number of square feet leased, multiplied by (y) the then applicable rate per square foot of fixed base Rent, multiplied by (z) 50%. Such storage space shall be held by Tenant subject to all of the terms terms, covenants and conditions of this Lease. Without limiting the generality of the foregoing Lease except (i) no escalations under Article 28 shall be payable by Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; in respect thereof, (ii) Tenant shall maintain the Storage Area have no right to make any Alterations to such storage space and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access have no obligations to provide any services or make any repairs in respect of such storage space. Notwithstanding the Storage Area foregoing, Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, 500 square feet of space in the basement of the Building upon all of the terms of this Section I except that (a) Landlord hereby waives the thirty (30) day notice requirement with respect to such space and (b) no Rent shall be entitled to enter payable in respect of such space until the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by LandlordRent Commencement Date.

Appears in 1 contract

Sources: Lease Agreement (Viatel Inc)

Storage Space. (a) In addition to the Leased Premises, Landlord shall lease agrees that Tenant may use from and after the date that the same is delivered to Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 rentable square feet on the garage level of the Building (the “Storage AreaDelivery Date”), located as shown on Exhibit FP-2, attached hereto for the sole and made a part hereof. The Storage Area shall be express purpose of storage of items used by Tenant solely for storage purposes as an ancillary use in connection conjunction with Tenant’s use business in the Leased Premises, approximately six hundred forty-eight (648) square feet of basement storage space, commonly known as Space #13200B (hereinafter “Storage Space”) in the approximate location shown on Addendum II, Schedule 1 attached hereto, in accordance with all terms of the PremisesLease except as specifically provided herein. The Tenant shall accept the Storage Area Space in its “as is” condition. Any alterations or improvements to be performed by Tenant in the Storage Space shall be held performed in accordance with plans and specifications approved in advance by Landlord, and in accordance with all applicable provisions of the Lease. Tenant commencing on may use the Commencement Date and continuing thereafter Storage Space throughout the Term of this LeaseTerm, subject to this Section 2.7. There whereupon Tenant shall be no additional charges due in respect of Tenant’s use of vacate and surrender the Storage Space. (b) During Space to Landlord in good and broom clean condition. For all purposes under the term of this Lease, the Storage Area Space shall be occupied deemed to be a part of the Leased Premises, except as otherwise provided in this Addendum. Tenant shall pay Landlord the following as Additional Rent for the Storage Space (the “Storage Space Rent”): Rent Period Annually Monthly Storage Delivery Date to 12/31/2014 $ 15,552.00 $ 1,296.00 1/01/2015 to 12/31/2015 $ 16,018.56 $ 1,334.88 1/01/2016 to 12/31/2016 $ 16,499.12 $ 1,374.93 The Storage Space Rent shall be due and payable by Tenant monthly in accordance with and subject to all advance on the first day of every calendar month during the Term, unless terminated earlier as provided above. The Floor Area of the terms and conditions Storage Space shall not, however, be included in Tenant’s Proportionate share for purposes of this Lease. Without limiting the generality calculating Tax Rent or Tenant’s Share of the foregoing (i) Operating Costs, nor shall Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to pay Minimum Rent on the Storage Area; Space. ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇ THIS LEASE EXTENSION AND MODIFICATION AGREEMENT (ii“Agreement”) Tenant shall maintain the Storage Area made this 27 day of February, 2014, by and repair any damage to the Storage Area caused between FRIT SAN ▇▇▇▇ TOWN AND COUNTRY VILLAGE, LLC, a California limited liability company, by Tenantits managing member, its agentsSTREET RETAIL, contractors or employees; INC., a Maryland corporation (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean”), and with any damage due to SI-BONE, INC., a Delaware corporation, (“Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord”).

Appears in 1 contract

Sources: Office Lease Agreement (SI-BONE, Inc.)

Storage Space. (a) Landlord shall lease hereby leases to Tenant and Tenant shall accept hereby leases from Landlord (i) those certain storage space consisting of approximately 1,000 rentable square feet areas located on the garage lower level of the Building in the area labelled “Expansion Storage Space” on Attachment E hereto, expressly excluding the area therein labelled “Telco” on Attachment E (the “Expansion Storage AreaSpace”), and (ii) those two (2) certain storage areas located on the lower level of the Building in the areas labelled “Post Single Tenant Date Storage” on Attachment E hereto (the “Post Single Tenant Date Storage”), in the respective as-is condition thereof on the date Tenant is first permitted to access the same. In addition thereto, the Occupancy License hereby is deemed to be terminated effective as shown of the day immediately preceding the Amendment Date, and from and after the Amendment Date, the storage areas that were licensed pursuant to the Occupancy License (i.e., storage areas B108 and B111) hereby are deemed to be leased pursuant to the Lease (as amended hereby) as part of the Existing Storage Space, in the as-is condition thereof as of the Amendment Date, for a Term that is coterminous with remainder of the Existing Storage and on Exhibit FP-2, attached hereto all terms and made a part hereofconditions of the Lease (as amended hereby) that are applicable with respect thereto. The Expansion Storage Area Space and the Post Single Tenant Date Storage, together with the Existing Storage Space leased by Tenant as of the Amendment Date (which Existing Storage Space, totaling approximately 2,247 square feet in the aggregate, is located on the lower level of the Building in the areas labelled “Existing Storage Space” on Attachment E hereto), comprises all of the storage space for tenants located in the Building as of the Amendment Date. The Term with respect to the Expansion Storage Space shall commence on the Amendment Date (and Tenant shall be used by Tenant solely permitted access to the Expansion Storage Space from and after such date), and shall continue for storage purposes as an ancillary use in connection with Tenant’s use the remainder of the PremisesFourteenth Amendment Extension Term (and any extension thereof in accordance with the terms of the Lease, as amended hereby). The Term with respect to the Post Single Tenant Date Storage Area shall commence on the Post-Single Tenant Date (and Tenant shall be held by permitted access to the Post Single Tenant commencing on Date Storage from and after such date), and shall continue for the Commencement Date remainder of the Fourth Amendment Extension Term (and continuing thereafter throughout any extension thereof in accordance with the Term terms of this the Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Spaceas amended hereby). (b) During From and after (i) the term of this LeaseAmendment Date, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this the Lease (as amended hereby) that are applicable to the Existing Storage Space (including without limitation, Paragraph 8 of Exhibit F to the Original Lease. Without limiting ) shall be applicable with respect to the generality of Expansion Storage Space, and all references in the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; Space” shall be deemed to mean the Expansion Storage Space and the Existing Storage Space, and (ii) the Single-Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by TenantDate, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with all of the terms and conditions of Article XIthe Lease (as amended hereby) that are applicable to the Existing Storage Space (including without limitation, Paragraph 8 of Exhibit F to the Original Lease) shall be applicable with respect to the Post Single Tenant Date Storage, and all references in the Lease to the “Storage Space” shall be deemed to mean the Expansion Storage Space, the Post Single Tenant Date Storage and the Existing Storage Space; provided, however, that Tenant shall not be required to pay any Storage Space Rent or Additional Storage Space Rent (or any Occupancy Charge) for the Expansion Storage Space, the Post Single Tenant Date Storage or the Existing Storage Space. (c) Tenant hereby expressly acknowledges and agrees that (i) the area labelled “Telco” on Attachment E (the “Telco Room”), although located with the boundaries of the Expansion Storage Space, is not part of the Expansion Storage Space and Tenant shall have no right to use or access the Telco Room, and (ivii) upon expiration Landlord shall have the right, at any time and from time to time, to access the Expansion Storage Space in order to access and use the Telco Room in connection with the operation of the Building. Tenant hereby grants to Landlord the right to access the Expansion Storage Space at such times as Landlord desires to access and use the Telco Room (without any prior notice to or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom cleanconsent by Tenant), and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting to provide Landlord with all keys necessary for Landlord to so access the Expansion Storage Area in “as is” condition without representation or warranty by LandlordSpace for such purpose.

Appears in 1 contract

Sources: Deed of Office Lease Agreement (Alarm.com Holdings, Inc.)

Storage Space. (a) A. During the initial Term and any renewal thereof, Landlord shall agrees to lease to Tenant and Tenant shall accept from Landlord certain storage accepts the space consisting of containing approximately 1,000 rentable (a) 800 square feet on the garage level ground floor of the Building, (b) 400 square feet on the ground floor of the Building, and 65 square feet on the ground floor of the Building, as shown on EXHIBIT A-5 attached hereto (collectively, the "Storage Space"). However, notwithstanding the foregoing, the portion of the Storage Space described above containing approximately 400 rentable square feet shall not be leased to Tenant until such space becomes available, which is scheduled to occur on or about February 1, 2000. Further, the portion of the Storage Space containing 65 square feet described above is available for lease to Tenant only if Tenant pays Landlord the reasonable cost to install a demising wall and door to separately demise such space. In addition to the Storage Space described above, Tenant shall have an option to lease an additional approximately 800 square feet of storage space, located on the ground floor of the Building (the “Storage Area”), located as shown on Exhibit FP-2, EXHIBIT A-6 attached hereto (the "Option Storage Space") when such Option Storage Space becomes available. Tenant shall exercise the foregoing option as follows: When Landlord informs Tenant that the Option Storage Space is available for lease by Tenant (but prior to leasing the Option Storage Space to any party other than the current occupant of such space or its successors or assigns), Tenant may elect to lease such space, upon the terms and made conditions contained in this Section VII (in which event, the Option Storage Space shall be included within the definition of Storage Space hereunder), by providing written notice to Landlord within 7 days after Tenant's receipt of the notice from Landlord. Failure to provide such written notice to Landlord within the 7 day period shall be deemed a part hereofwaiver of Tenant's option rights with respect to the Option Storage Space. The Storage Area Space shall be used by Tenant solely for the storage purposes as an ancillary use of equipment, inventory or other non-perishable items normally used in connection with Tenant’s use 's business, and for no other purpose whatsoever. Tenant agrees to keep the Storage Space in a neat and orderly fashion and to keep all stored items in cartons, file cabinets or other suitable containers. All items stored in the Storage Space shall be elevated at least 6 inches above the floor on wooden pallets, and shall be at least 18 inches below the bottom of all sprinklers located in the ceiling of the PremisesStorage Space, if any. The Tenant shall not store anything in the Storage Area Space which is unsafe or which otherwise may create a hazardous condition, or which may increase Landlord's insurance rates, or cause a cancellation or modification of Landlord's insurance coverage. Without limitation, Tenant shall be held by Tenant commencing on not store any flammable, combustible or explosive fluid, chemical or substance nor any perishable food or beverage products, except with Landlord's prior written approval. Landlord reserves the Commencement Date right to adopt and continuing thereafter throughout enforce reasonable rules and regulations governing the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Space. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject Space from time to all of the terms and conditions of this Leasetime. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon Upon expiration or earlier termination of this LeaseLease or Tenant's rights under this Section, Tenant shall quit completely vacate and surrender the Storage Space to Landlord in accordance with the terms of this Lease. Without limitation, Tenant shall leave the Storage Space in the condition in which it was delivered to Tenant, reasonable wear and tear excepted, broom-clean and empty of all personalty and other items placed therein by or on behalf of Tenant. B. Tenant shall pay rent for the Storage Space ("Storage Rent") in the sum of $12.00 per square foot, per month, payable in advance on or before the first day of each month of the Term. Any partial month shall be appropriately prorated. Upon each and every anniversary of the Commencement Date during the initial Term and any renewal thereof, the Storage Rent shall increase by 2%, rounded to the nearest dollar, from the rate in effect at the end of the immediately preceding year. All Storage Rent is deemed Rent under this Lease. The Storage Rent shall be payable in the same manner that Base Rent is payable under the Lease. C. All terms and provisions of the Lease shall be applicable to Landlordthis Agreement, broom cleanincluding, without limitation, Article XIV (Indemnity and Waiver of Claims) Article XV (Tenant's Insurance), and Article XXI (Limitation of Liability) except that Landlord need not supply air-cooling, heat, water, janitorial service, cleaning, passenger elevator service, window washing or electricity (other than electricity for standard storage space overhead lighting) to the Storage Space and Tenant shall not be entitled to any work allowances, rent credits, expansion rights or renewal rights with respect to the Storage Space unless such concessions or rights are specifically provided for herein with respect to the Storage Space. Other than in connection with, and to the extent of, Landlord's gross negligence and willful misconduct, Landlord shall not be liable for any theft or damage due to Tenant’s use thereof repaired. Landlord may require any items or materials stored in the Storage Space, it being understood that Tenant is using the Storage Space at its own expense risk. Any default by Tenant under the Lease remaining uncured for a period extending beyond the expiration of any applicable cure period shall be a default under this Section VII; any default by Tenant under this Section VII shall be a default under this Lease; and the provisions of the Lease with respect to secure Tenant defaults shall apply to any default by Tenant hereunder. The Storage Space shall not be included in the determination of Tenant's Pro Rata Share under the Lease nor shall Tenant be required to pay Expenses or Taxes in connection with the Storage AreaSpace. D. Tenant agrees to accept the Storage Space in its condition and "as-built" configuration existing on the earlier of the date Tenant takes possession of the Storage Space or the Commencement Date. E. At any time and from time to time, but Landlord shall have the right to relocate the Storage Space to a new location which shall be no smaller than the square footage of the Storage Space. Landlord shall pay the direct, out-of-pocket, reasonable expenses of such relocation. F. If Tenant assigns the Lease or sublets all or any part of the Premises other than to a Permitted Transferee (as described in Article XII of this Lease), Landlord, at its option, may cancel Tenant's rights under this Section VII effective as of 30 days after notice to Tenant. Additionally, notwithstanding anything set forth in Article XII of the Lease to the contrary, Tenant shall make no other changes to not, without the prior written consent of Landlord, which consent may be withheld in Landlord's sole discretion, assign, sublease, transfer or encumber the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting Space or grant any license, concession or other right of occupancy or permit the use of the Storage Area in “as is” condition without representation Space by any party other than Tenant or warranty by Landlorda Permitted Transferee.

Appears in 1 contract

Sources: Office Lease Agreement (Nova Corp \Ga\)

Storage Space. (a) A. Landlord shall lease hereby demises and leases to Tenant and Tenant shall accept hereby accepts and leases from Landlord during the Term, certain storage space consisting of approximately 1,000 rentable square feet located on the garage level 26th floor of the Building containing six hundred thirty-one (the “Storage Area”)631) square feet, located as shown outlined on Exhibit FP-2, B attached hereto and made a part hereofhereof (the “Storage Space”). Except as specifically set forth in this Paragraph 71, all terms and conditions of this Lease shall apply to the Storage Space as if the Storage Space were part of the Leased Premises, and all references to the Leased Premises contained herein, shall, where applicable, be deemed to be references to the Lease Premises and the Storage Space. B. In addition to Base Rent, Tenant shall pay to Landlord as Additional Rent hereunder, rental for the Storage Space (the “Storage Space Rental”) in an amount equal to five hundred seventy-eight dollars and 42/100 ($578.42) per month (equivalent to an annual rate of $11.00 per square foot of such Storage Space). The Storage Area Space Rental shall be increased by an amount equal to three percent (3%) of the then Storage Space Rental on each anniversary of the Commencement Date during the Term and such increased Storage Space Rental shall then be the Storage Space Rental for the next succeeding year of the Term. The Storage Space Rental set forth in this Paragraph 71B includes all Taxes and Operating Expenses with respect to the Storage Space and Tenant’s Proportionate Share of Taxes and Operating Expenses shall not be adjusted to include any such amounts which would otherwise be allocable to the Storage Space. C. The Storage Space shall be used by Tenant solely for the storage purposes as an ancillary use of papers, files, records and other office materials used in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect conduct of Tenant’s use business from the Leased Premises and for no other purpose whatsoever. Tenant covenants and agrees to maintain the Storage Space in a clean and orderly condition and to maintain, at all times, clear aisles between the items stored by Tenant in the Storage Space with minimum widths of three feet (3’), sufficient to allow Landlord access to the Building equipment located in the Storage Space. In connection therewith, Landlord shall at all times retain pass keys to the Storage Space and shall make reasonable efforts, but shall have no obligation, to notify Tenant prior to Landlord’s entry into the Storage Space. (b) During the term of this LeaseD. Tenant agrees that it will repair promptly, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair at its own expense, any damage to the Storage Area Space caused by bringing into the Storage Space any property for Tenant’s use or storage, or by the removal of such property, or by the negligence of Tenant or Tenant’s employees, and that it will surrender the Storage Space at the expiration of the Term in as good condition as when received, reasonable wear and tear and damage by fire or other current casualty excepted broom clean and free of all debris. E. Landlord shall construct the Storage Space pursuant to plans and specifications approved by Tenant. Tenant shall pay any and all costs incurred with respect to the preparation and approval of such plans and specifications as well as the construction of the Storage Space; provided, however, that Landlord shall credit against the Storage Space Rental next due and owing hereunder any such amounts so paid by Tenant, not to exceed, in the aggregate, one thousand seven hundred and sixty dollars ($1,760.00). F. Tenant shall have the right from time to time to terminate the lease for all or any of the three portions of Storage Space set forth in this Paragraph 71 at any time after the third (3rd) anniversary of the Commencement Date by giving Landlord written notice of its agents, contractors or employees; intent to so terminate no later than ninety (iii90) Landlord shall retain access days prior to the effective date of such termination. In the event of such termination, Tenant shall pay to Landlord, together with the giving of such notice, an amount equal to the then unamortized portion of the sum of the commission paid by Landlord to ▇.▇. ▇▇▇▇▇▇▇▇ & Co. and Landlord’s in-house commission in connection with the lease of this Storage Area Space. Landlord and Tenant hereby agree that for the purpose of calculating such payment, said commission shall be entitled allocated pro-rata on a square footage basis to enter each portion of the Storage Area Space and amortized evenly over a fifteen (15) year period commencing on the Commencement Date. 10. Except as expressly set forth herein, the Lease shall remain unmodified and in full force and effect, enforceable in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlordterms.

Appears in 1 contract

Sources: Lease Agreement (Gallagher Arthur J & Co)

Storage Space. (a) Landlord shall shall, commencing on March 1, 2006, and continuing for the balance of the Term, make available for Tenant’s use and for lease by Tenant up to Tenant and Tenant shall accept from Landlord certain storage space consisting of approximately 1,000 3,000 rentable square feet on of storage space (“Storage Space”) at the garage lower level of the Building as determined by Landlord and approved by Tenant. Tenant shall have the right, upon at least thirty (the 30) days advance notice to Landlord delivered to Landlord no later than November 1, 2005 (Tenant’s Storage AreaSpace Election Notice”), located as shown on Exhibit FP-2and thereafter subject to availability, attached hereto and made a part hereofto lease such storage space (or any portion thereof). The Storage Area Such storage space shall be in one contiguous block (if available, or otherwise configured in a manner reasonably acceptable to Tenant), secure (i.e., having a lockable entrance), sprinkled and lighted in accordance with all Laws and located in a portion of the lower level of the Building designated by Landlord with reasonable access to and from the Building freight elevators and loading docks. Tenant acknowledges that any such space shall be created in the parking garage of the Building, and Tenant agrees that it shall be responsible for payment of all costs incurred by Landlord in creating such storage space. Tenant shall use such storage space for purposes of storing files, records, furniture, equipment, supplies, attic stock and materials of the type customarily used by office building tenants, and for no other purposes. Tenant solely shall pay Rent for such storage purposes as an ancillary use in connection with space at the gross rental rate (i.e., there shall be no Operating Cost Share Rent or Tax Share Rent separately payable for any such storage space) of $12.00 per square foot of rentable area thereof if leased during the first Lease Year of the Term, subject to $0.40 per rentable square foot annual increases during the Term. Tenant’s use of the Premises. The Storage Area such storage space shall be held by Tenant commencing on the Commencement Date and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use of the Storage Spacesuch reasonable rules and regulations as Landlord from time to time may promulgate on a non-discriminatory basis. (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in “as is” condition without representation or warranty by Landlord.

Appears in 1 contract

Sources: Lease Agreement (United Stationers Inc)

Storage Space. (a) Effective as of the Fifth Expansion Space Effective Date, Landlord shall lease leases to Tenant and Tenant shall accept leases from Landlord certain storage space consisting of approximately 1,000 rentable 491 square feet on the garage level first floor of the Building Garage and known Storage Room No. 1 (the “Storage AreaSpace), located as shown ) on Exhibit FP-2, attached hereto the following terms and made a part hereof. The conditions (the “Storage Area Space Lease”): (i) the term of the Storage Space Lease shall be used by Tenant solely for storage purposes as an ancillary use in connection with Tenant’s use of the Premises. The Storage Area shall be held by Tenant one year commencing on the Commencement Fifth Expansion Space Effective Date and continuing thereafter throughout on a month-to-month basis, provided that in no event shall such term extend beyond the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due in respect of Tenant’s use expiration or earlier termination of the Storage Space.Lease (as amended by this Fifth Amendment); (b) During the term of this Lease, the Storage Area shall be occupied by Tenant in accordance with and subject to all of the terms and conditions of this Lease. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain pay to Landlord as additional rent under the Lease for the Storage Area Space Lease the sum of $491.00 per month subject to increase by six percent (6%) effective each January 1 during the term of the Storage Space Lease. Such sum shall be due and repair payable on or before the first day of each calendar month during the term of the Storage Space Lease, concurrently with the payment of monthly installments of Annual Base Rent, provided that such Storage Space rent shall be prorated for any damage partial calendar month at the beginning or end of the term of the Storage Space Lease; (iii) The Storage Space shall be used only for the storage of non-perishable personal property normally used in Tenant’s office operations and for no other purpose whatsoever. In no event shall Tenant store any toxic or hazardous materials in the Storage Space; (iv) Landlord shall not be obligated to supply any heat, ventilation, air conditioning, water, janitorial service, cleaning or any other utility or service to the Storage Area caused by Space. Tenant shall be responsible at its expense for any of the foregoing which it desires; (v) The provisions of the Lease applicable to Tenant’s maintenance, its agentsindemnification, contractors or employees; (iii) Landlord hold harmless, insurance, holdover and surrender obligations, and waiver of claims provisions, shall retain access apply as well to the Storage Area Space (for the duration EAST\73391178.1 4 of the Storage Space Lease), and for such purposes the Storage Space shall be entitled to enter considered part of the Premises; (vi) As of the Fifth Expansion Effective Date, Tenant accepts the Storage Area Space in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Lease, Tenant shall quit and surrender the same to Landlord, broom clean, and with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Tenant agrees that it is accepting the Storage Area in as isAS IS” “WHERE IS” condition without representation any agreements, representations, understandings or warranty by Landlordobligations on the part of Landlord to perform any alterations, repairs or improvements thereto.

Appears in 1 contract

Sources: Office Lease Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Storage Space. (a) A. Landlord shall lease leases to Tenant and Tenant shall accept from Landlord certain storage accepts the space consisting of containing approximately 1,000 rentable 41 square feet described as Suite No. D-4(C) on the garage D level of the Building garage, as shown on Exhibit D attached hereto (the “Storage AreaSpace”), located as shown for the term (the “Storage Term”) commencing March 1, 2007 (“Storage Commencement Date”) and ending 1 month thereafter on Exhibit FP-2March 31, attached hereto and made a part hereof2007 (“Storage Expiration Date”). The Storage Area Term shall automatically renew for consecutive periods of one (1) month each until terminated by either party with at least 30 days’ advance written notice of termination delivered to the other party. Any such termination shall be effective as of the termination date specified in such notice. Notwithstanding anything to the contrary contained herein, if the Lease or Tenant’s right to possession of the Premises thereunder terminates prior to the Storage Expiration Date, as same may be extended herein, then the Storage Expiration Date shall be such earlier termination date. B. The Storage Space shall be used by Tenant solely for the storage purposes as an ancillary use of equipment, inventory or other non-perishable items normally used in connection with Tenant’s use business, and for no other purpose whatsoever. Tenant agrees to keep the Storage Space in a neat and orderly fashion and to keep all stored items in cartons, file cabinets or other suitable containers. Landlord shall have the right to designate the location within the Storage Space of any items to be placed therein. All items stored in the Premises. The Storage Area Space shall be held by Tenant commencing elevated at least 6 inches above the floor on the Commencement Date wooden pallets, and continuing thereafter throughout the Term of this Lease, subject to this Section 2.7. There shall be no additional charges due at least 18 inches below the bottom of all sprinklers located in respect of Tenant’s use the ceiling of the Storage Space. (b) During the term of this Lease, if any. Tenant shall not store anything in the Storage Area shall be occupied by Tenant in accordance with and subject to all Space which is unsafe or which otherwise may create a hazardous condition, or which may increase Landlord’s insurance rates, or cause a cancellation or modification of the terms and conditions of this LeaseLandlord’s insurance coverage. Without limiting the generality of the foregoing (i) Tenant shall extend the coverage of the insurance provided for by Article X of this Lease to the Storage Area; (ii) Tenant shall maintain the Storage Area and repair any damage to the Storage Area caused by Tenant, its agents, contractors or employees; (iii) Landlord shall retain access to the Storage Area and shall be entitled to enter the Storage Area in accordance with the terms and conditions of Article XI; and (iv) upon expiration or earlier termination of this Leaselimitation, Tenant shall quit and surrender the same to Landlordnot store any flammable, broom cleancombustible or explosive fluid, and chemical or substance nor any perishable food or beverage products, except with any damage due to Tenant’s use thereof repaired. Landlord may require Tenant at its own expense to secure the Storage Area, but Tenant shall make no other changes to the Storage Area without Landlord’s prior written approval. Landlord reserves the right to adopt and enforce reasonable rules and regulations governing the use of the Storage Space from time to time. Upon expiration or earlier termination of Tenant’s rights to the Storage Space, Tenant shall completely vacate and surrender the Storage Space to Landlord in the condition in which it was delivered to Tenant, ordinary wear and tear excepted, broom-clean and empty of all personalty and other items placed therein by or on behalf of Tenant. C. Tenant shall pay rent for the Storage Space (“Storage Base Rent”) as follows: Storage Term (including any automatic renewal period(s)) $ 17.00 $ 58.08 All such Storage Base Rent shall be payable in the same manner that Base Rent is payable under the Lease. D. All terms and provisions of the Lease shall be applicable to the Storage Space, including, without limitation, Section 13 (Indemnity and Waiver of Claims) and Section 14 (Tenant’s Insurance), except that Landlord need not supply air-cooling, heat, water, janitorial service, cleaning, passenger or freight elevator service, window washing or electricity to the Storage Space and Tenant shall not be entitled to any work allowances, rent credits, expansion rights or renewal rights with respect to the Storage Space unless such concessions or rights are specifically provided for herein with respect to the Storage Space. Landlord shall not be liable for any theft or damage to any items or materials stored in the Storage Space, it being understood that Tenant is using the Storage Space at its own risk. The Storage Space shall not be included in the determination of Tenant’s Pro Rata Share under the Lease nor shall Tenant be required to pay Expenses in connection with the Storage Space. E. Tenant agrees that it is accepting to accept the Storage Area Space in its condition and as-built” configuration existing on the earlier of the date Tenant takes possession of the Storage Space or the Storage Commencement Date. F. At any time and from time to time, Landlord shall have the right to relocate the Storage Space to a new location which shall be no smaller than the square footage of the Storage Space. Landlord shall pay the direct, out-of-pocket, reasonable expenses of such relocation. G. Storage Base Rent is deemed Rent under the Lease. H. If Tenant assigns the Lease or sublets all or any part of the Premises, Landlord, at its option, may terminate Tenant’s rights to the Storage Space effective as is” condition of 30 days after notice to Tenant. Additionally, notwithstanding anything set forth in Section 11 of the Lease to the contrary, Tenant shall not, without representation the prior written consent of Landlord, which consent may be withheld in Landlord’s sole discretion, assign, sublease, transfer or warranty encumber the Storage Space or grant any license, concession or other right of occupancy or permit the use of the Storage Space by Landlordany party other than Tenant.

Appears in 1 contract

Sources: Office Lease Agreement (Intelius Inc)