Suite 300. The commencement date as to Suite 300 shall be October 5, --------- 1998, and the termination date shall be October 31, 2003.
Suite 300. During the Expansion Term, Basic Rent payable for Suite 300 shall be as follows: Period During Expansion Term Annual Basic Rent Monthly Installment of Basic Rent Monthly Rental Rate per RSF May 1, 2017 – December 31, 2017 $0.00 $0.00 $0.00 January 1, 2018 – April 30, 2018 $631,051.20 $52,587.60 $3.90 May 1, 2018 – April 30, 2019 $650,468.16 $54,205.68 $4.02 May 1, 2019 – April 30, 2020 $669,885.12 $55,823.76 $4.14 May 1, 2020 – April 30, 2021 $689,302.08 $57,441.84 $4.26 May 1, 2021 – April 30, 2022 $710,337.12 $59,194.76 $4.39 May 1, 2022 – April 30, 2023 $731,372.16 $60,947.68 $4.52 May 1, 2023 – April 30, 2024 $754,025.28 $62,835.44 $4.66
Suite 300. Twenty-Three Dollars ($23.00) per rentable square foot of Suite 300, for a total of Six Hundred Fifty-Two Thousand Two Hundred Eighty Dollars ($652,280.00) (the "Suite 300 Allowance"). The Suite 300 Allowance shall be available as of the Effective Date of this Lease. The total amount of the Allowance available as of the Effective Date is therefore One Million Two Hundred Ninety-Four Thousand Three Hundred Forty-Eight Dollars ($1,294,348.00) (the "2019 Allowance"). Subject to the timing of availability of each Allowance and the Allowance Deadline, all as set forth in this Section 2.02, any portion of the Aggregate Allowance may be used by Tenant toward any 5 I\14399819.10
Suite 300. Effective as of the "Suite 300 Commencement Date," as that term is defined, below, Tenant shall lease from Landlord and Landlord shall lease to Tenant that certain space on the third (3rd) floor of the Plaza Building, commonly known as Suite 300 and containing 38,402 rentable square feet (determined in accordance with BOMA) ("Suite 300"), as delineated on Exhibit A attached hereto, in accordance with the terms of this Fourth Amendment. Consequently, effective upon the Suite 300 Commencement Date, the Current Premises shall be increased to include Suite 300. Landlord and Tenant hereby acknowledge and agree that the rentable square footage of Suite 300 shall be deemed as set forth in this Section 2.2.3 above. For purposes of this Fourth Amendment, the "Suite 300 Commencement Date" shall be the first (1st) day of the calendar month following the month in which the "Suite 300 Lease" (as that term is defined in Section 2.2.4.1 below) terminates (subject to the terms set forth in Section 2.2.4.1 below), which Suite 300 Commencement Date is anticipated to be on or before November 1, 2015 (with an anticipated termination date of the "Suite 300 Lease" (defined below) of October 31, 2015), provided that Landlord may accelerate such Suite 300 Commencement Date to a date no earlier than July 1, 2015 by providing Tenant with not less than four (4) months written notice prior to the desired Suite 300 Commencement Date, subject to satisfaction of the Condition Precedent with respect to Suite 300 and Landlord gaining possession of Suite 300 following the vacation and surrender of Suite 300 by "Impinj" (defined below). Except as otherwise specifically provided in this Fourth Amendment, all references in the Lease and this Fourth Amendment to the term "Premises" shall include Suite 300.
Suite 300. Commencing on the Suite 300 Commencement Date and continuing throughout the Suite 300 Term, Tenant shall pay to Landlord Monthly Base Rent for Suite 300 as set forth in the schedule in this Section 4.2.3 below, but otherwise in accordance with the terms of the Lease. Landlord and Tenant acknowledge that such Monthly Base Rent schedule has been determined based on the assumption of a Suite 300 Commencement Date on or before June 1, 2016, and Landlord and Tenant hereby agree that if the Suite 300 Commencement Date does not occur on or prior to June 30, 2016, then such Monthly Base Rent schedule shall be deemed to be modified appropriately based on the actual Suite 300 Commencement Date (by way of example only, assuming the Suite 300 Commencement Date occurs on July 1, 2017, the initial Monthly Base Rent Tenant would be obligated to pay to Landlord with respect to Suite 300 would be $115,431.93 per month, subject to increase pursuant to the Monthly Base Rent schedule below). Period During Suite 300 Term Annualized Monthly Base Rent for Suite 300◊ Monthly Base Rent for Suite 300◊ Annual Rental Rate per Rentable Square Foot of Suite 300◊ Suite 300 Commencement Date – June 30, 2016 $1,305,668.00◊◊◊ $108,805.67◊◊◊ $34.00 July 1, 2016 – June 30, 2017 $1,344,838.04 $112,069.84 $35.02◊◊ July 1, 2017 – June 30, 2018 $1,385,183.18 $115,431.93 $36.07◊◊ July 1, 2018 – June 30, 2019 $1,426,738.68 $118,894.89 $37.15◊◊ July 1, 2019 – June 30, 2020 $1,469,540.84 $122,461.74 $38.27◊◊ July 1, 2020 – June 30, 2021 $1,513,627.07 $126,135.59 $39.42◊◊ July 1, 2021 – June 30, 2022 $1,559,035.88 $129,919.66 $40.60◊◊ July 1, 2022 – June 30, 2023 $1,605,806.96 $133,817.25 $41.82◊◊ July 1, 2023 – June 30, 2024 $1,653,981.17 $137,831.76 $43.07◊◊ July 1, 2024 – August 31, 2024 $1,703,600.61 $141,966.72 $44.36◊◊ ◊ The initial Annualized Monthly Base Rent amount was calculated by multiplying the initial Annual Rental Rate per Rentable Square Foot amount by the number of rentable square feet of space in Suite 300, and the initial Monthly Base Rent amount was calculated by dividing the initial Annualized Monthly Base Rent amount by twelve (12). Both Tenant and Landlord acknowledge and agree that multiplying the Monthly Base Rent amount by twelve (12) does not always exactly equal the Annualized Monthly Base Rent amount. In all subsequent Monthly Base Rent payment periods during the Lease Term commencing on July 1, 2016, the calculation of each Annualized Monthly Base Rent amount reflects an...
