Common use of Swing Space Clause in Contracts

Swing Space. As requested by the Tenant, the Landlord shall provide the Tenant with access to the Expansion Premises, Suite 217 (3,686 sf), and Suite 228 (726 sf) in the Building (hereafter referred to collectively as the “Swing Space”), all as shown on Schedule “A-1”, to facilitate the construction of Tenant’s leasehold improvements within the 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 and the Swing Space shall be delivered in a clean, vacant ‘broom swept’ condition with working lighting to 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.)

Swing Space. As requested by the Tenant, the The Landlord shall provide the Tenant with access to the Expansion Premises▇▇▇▇▇ ▇▇▇/▇▇▇, Suite 217 ▇▇▇▇▇ ▇▇▇ (3,686 sfrsf), and Suite 228 (726 sfrsf) 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 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 lighting to meet base building standardsorder. 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.)