Additional Area definition
Examples of Additional Area in a sentence
FirstWorld shall have the right to provide service to the Spectrum Service Area through a single Network or through multiple Networks, and may provide service to any Additional Area added to this Agreement from the Spectrum Network or from an Additional Network.
All cost associated with the Additional Area including but not limiting to the FAR conversion charge will be borne by Licensee.
If FirstWorld elects to provide service to any portion of the Spectrum Service Area or any such Additional Area through more than one Network, FirstWorld may need to assign or partially assign this Agreement to a separate Affiliate formed by FirstWorld or by FWC for such purpose.
For the avoidance of doubt, it is clarified that upon expiration of the Grace Period, the Lessee shall incur the full amount of the Rent and the Management Fees with respect to the entire Additional Area even if the use of the Additional Area is delayed for any reason.
The actual Rentable Area of the Leased Premises, including any Additional Area, shall be measured by the Landlord’s professional surveyor in accordance with the Lease and ANSI/BOMA Z65.1-1996 standards within thirty (30) days of the Commencement Date.
Notwithstanding the said, to the extent that the Lessee fails to furnish to the Lessor the securities specified hereunder, the securities that were provided by virtue of the Lease Agreement shall continue to apply also with respect to the Additional Area specified in this Addendum.
The Tenant acknowledges and agrees that during such time when the Landlord, or its appointed contractors, sub-contractors, or employees is/are conducting the Landlord’s Work in the Building, the Tenant will be in the Leased Premises or the Additional Area in common with the Landlord, its contractors, sub-contractors, or employees.
The Lessee undertakes to provide a bank guarantee in an amount that is equal to the Rent for the Additional Area and the Management Fees in the Additional Area for 3 months of lease in addition to VAT and linkage differentials to the Basic Index within its meaning in the Original Agreement, and in a total amount of NIS 166,795 (in words: one hundred and sixty-six thousand and seven hundred and ninety-five new Israeli shekels) [hereinafter: “Guarantee for this Addendum”].
The License Period of such Additional Area shall however be co- terminus with the License Agreement.
And the area of clean rooms (in the area of the remaining Additional Area, and that is marked in light blue in the blueprint hereby enclosed as Appendix A of this Addendum (hereinafter: “Clean Rooms Area”).