Common use of UNIMPROVED SPACE Clause in Contracts

UNIMPROVED SPACE. If and to the extent that such First Offer Space has not been improved to at least the Base Building Shell Condition Requirements, Landlord shall pay Tenant, on the date Rent commences to accrue with respect to the First Offer Space, a sum equal to the cost to Tenant of completing such portions of the Floor which have not been improved to the Base Building Shell Condition Requirements.

Appears in 1 contract

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

UNIMPROVED SPACE. If and to the extent that such First Offer Space has not been improved to at least the Base Building Shell Condition Requirements, Landlord shall pay Tenant, on the date Rent commences to accrue with respect to the First Offer Space, a sum equal to the cost to Tenant of completing such portions of the Floor which have not been improved to the Base Building Shell Condition Requirements.. -47-

Appears in 1 contract

Sources: Office Lease (Piper Jaffray Companies)