The Third Additional Space Only Clause Samples

The Third Additional Space Only. Commencing as of the Third Additional Space Commencement Date and ending on the day immediately preceding the Fourth Additional Space Commencement Date, with respect to the Third Additional Space only, Article 41 of the Lease is hereby deleted in its entirety and replaced with the following: 41.01 Tenant acknowledges and agrees that electric service shall be supplied by Landlord to the Third Additional Space on a “rent inclusion basis” in accordance with the provisions of this Article 41. 41.02 Electricity and electric service, as used herein, shall mean any element affecting the generation, transmission, and/or distribution or redistribution of electricity, including but not limited to services which facilitate the distribution of service. 41.03 If and so long as Landlord provides electricity to the Third Additional Space on a rent inclusion basis, Tenant agrees that the Fixed Annual Rent shall be increased by the amount of the Electricity Rent Inclusion Factor (“ERIF”), as hereinafter defined. Tenant acknowledges and agrees (i) that the Fixed Annual Rent hereinabove set forth in this Lease does not yet, but is to include an ERIF of $3.25 per rentable square foot to compensate Landlord for electrical wiring and other installations necessary for, and for its obtaining and making available to Tenant the redistribution of electric current as an additional service, which shall be paid for by Tenant in accordance with provisions hereof; and (ii) that said ERIF shall be subject to periodic adjustments as hereinafter provided. For purposes of this Article, the rentable square foot area of the Third Additional Space shall be deemed to be 3,235 rentable square feet. 41.04 The parties agree that a reputable, independent electrical consultant firm, selected by Landlord, (“Landlord’s Electrical Consultant”), may from time to time, make surveys in the Third Additional Space of the electrical equipment and fixtures and use of current, provided, however, Landlord’s Electrical Consultant shall only make any such survey of the Third Additional Space if in Landlord’s reasonable judgment Tenant’s consumption of electricity in the Third Additional Space is greater than an average demand load of six (6) ▇▇▇▇▇ of electricity per rentable square foot of the Third Additional Space for all purposes, exclusive of the Existing HVAC Equipment (as hereinafter defined in Section 5(d)(i)(A), below). If the cost to Landlord under the SC-4 Rate I Service Classification (“Landlord’s Servi...
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The Third Additional Space Only. Tenant acknowledges and agrees that Tenant has inspected the Third Additional Space, is fully familiar with the physical condition thereof and agrees to accept possession of the Third Additional Space in its then “as-is” condition as of the Third Additional Space Commencement Date and Tenant acknowledges and agrees that Landlord shall have no obligation to do any work in or to the Third Additional Space in order to make it suitable and ready for occupancy and use by Tenant.
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The Third Additional Space Only. Effective as of the Third Additional Space Commencement Date, Article 30.01 B of the Lease is hereby deleted in its entirety and replaced with the following: with respect only to the Third Additional Space “Tenant may use one (1) freight elevator car free of charge on an “after hours” basis solely in connection with its construction and furnishing of and initial move into the Third Additional Space, provided that (a) such use does not exceed seventy (70) hours in the aggregate (provided that if such usage exceeds seventy (70) hours in the aggregate, Tenant shall pay to Landlord, as Additional Rent within twenty (20) days after demand, an amount equal to the standard freight charges of the Building for such excess usage); and (b) Tenant reserves said freight elevator car upon at least twenty-four (24) hours notice.
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Related to The Third Additional Space Only

  • Additional Space Commencing on May 1, 2001, Sublessor herein grants unto the Sublessee a Right of First Refusal on any space that shall be and/or becomes available in the building during the remaining Term of this Sublease. Prior to May 1, 2001 and thereafter prior to the first day of May of any calendar year during the remaining Term hereof, Sublessor shall notify Sublessee by written notice of the availability of any such space in the building. Should Sublessee desire to exercise its Right of First Refusal and sublease such available space, Sublessee must notify Sublessor in writing of its desire to sublease the available space within seven (7) calendar days of Sublessee's receipt of Landlord's notice of availability. Within thirty (30) days of the receipt of Sublessee's notice exercising the right to sublease such available space, Sublessee and Sublessor shall enter into an amendment of this agreement setting forth the terms under which the additional space is subleased to Sublessee. The Base Rental shall be at a rental mutually agreed between Sublessee and Sublessor. Failure by Sublessee to exercise its Right of First Refusal within said seven (7) calendar day period, or if exercised, failure to enter into an amendment of this agreement within thirty (30) days of Sublessor's receipt of Sublessee's notice, shall be deemed a waiver of such right and Sublessor shall thereafter be free of any obligation under this Article 2.04 for a period of 12 months. Any exercise by Sublessee of this Right of First Refusal shall be for a minimum of 5,000 rental square feet.

  • LESSOR'S ACCESS; SHOWING PREMISES; REPAIRS Lessor and Lessor's agents shall have the right to enter the Premises at any time, in the case of an emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or lessees, and making such alterations, repairs, improvements or additions to the Premises or to the Building, as Lessor may reasonably deem necessary. Lessor may at any time place on or about the Premises or Building any ordinary "For Sale" signs and Lessor may at any time during the last one hundred eighty (180) days of the term hereof place on or about the Premises any ordinary "For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of the Lease.