Common use of Swing Space Clause in Contracts

Swing Space. The Landlord shall provide the Tenant with access to ▇▇▇▇▇ ▇▇▇/▇▇▇, ▇▇▇▇▇ ▇▇▇ (3,686 rsf), and Suite 228 (726 rsf) in the Building (hereafter referred to collectively as the “Swing Space”), all as shown outlined in red on Schedule “A-1” attached hereto, commencing Seven (7) days following execution of this Agreement until December 31, 2010, to facilitate the construction of Tenant’s leasehold improvements within the Leased Premises. The Tenant shall be responsible for observing all terms and provisions of the Lease while in occupancy of the Swing Space save for the payment of Minimum Rent and its share of Realty Taxes, Operating Costs and Utility Charges. Without limiting the generality of the foregoing, the Tenant shall ensure it complies with all covenants and obligations with respect to insurance while in occupancy of the Swing Space. The Swing Space shall be delivered in a clean, vacant ‘broom swept’ condition with existing lighting in good and working order. The Tenant shall vacate the Swing Space in a clean, vacant ‘broom swept’ condition upon completion of its construction. In the event the Tenant has a bonafide requirement for additional swing space, the Landlord will use its best commercial efforts to provide the Tenant with additional space in the Building, on similar terms, at no cost to the Tenant.

Appears in 1 contract

Sources: Lease Agreement (Eloqua, Inc.)

Swing Space. The As requested by the Tenant, the Landlord shall provide the Tenant with access to ▇▇▇▇▇ ▇▇▇/▇▇▇the Expansion Premises, ▇▇▇▇▇ ▇▇▇ Suite 217 (3,686 rsfsf), and Suite 228 (726 rsfsf) in the Building (hereafter referred to collectively as the “Swing Space”), all as shown outlined in red on Schedule “A-1” attached hereto, commencing Seven (7) days following execution of this Agreement until December 31, 2010, to facilitate the construction of Tenant’s leasehold improvements within the Leased Premises, commencing the later of May 8, 2010 or Seven (7) days following execution of the Lease Amending Agreement as provided for herein until December 31, 2010. The Tenant shall be responsible for observing all terms and provisions of the Lease while in occupancy of the Swing Space save for the payment of Minimum Rent and its share of Realty Taxes, Operating Costs and Utility Charges. Without limiting Charges and the generality of the foregoing, the Tenant shall ensure it complies with all covenants and obligations with respect to insurance while in occupancy of the Swing Space. The Swing Space shall be delivered in a clean, vacant ‘broom swept’ condition with existing working lighting in good and working orderto meet base building standards. The Tenant shall vacate the Swing Space in a clean, vacant ‘broom swept’ condition upon completion of its construction. In the event the Tenant has a bonafide requirement for additional swing space, the Landlord will use its best commercial efforts to provide the Tenant with additional space in the Building, on similar terms, at no cost to the Tenant.

Appears in 1 contract

Sources: Lease Agreement (Eloqua, Inc.)