{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "office-buildings", "type": "clause", "offset": [23, 39]}, {"key": "central-business-district", "type": "definition", "offset": [47, 72]}, {"key": "services-provided", "type": "clause", "offset": [222, 239]}, {"key": "but-excluding", "type": "clause", "offset": [291, 304]}, {"key": "equity-interest", "type": "clause", "offset": [340, 355]}, {"key": "in-the-building", "type": "clause", "offset": [356, 371]}], "snippet": "means similar space in office buildings in the central business district of Chicago where the Building is located, which are comparable to the Building in reputation, quality, age, size, location, and level and quality of services provided, and which have similar occupancy of the Building, but excluding those leases where tenants have an equity interest in the building.", "samples": [{"hash": "9BzNpTo4Cu4", "uri": "/contracts/9BzNpTo4Cu4#comparable-space", "label": "Lease Agreement (Wells Real Estate Investment Trust Inc)", "score": 21.0, "published": true}, {"hash": "fTXm8cpZtcG", "uri": "/contracts/fTXm8cpZtcG#comparable-space", "label": "Lease (Bcom3 Group Inc)", "score": 18.0, "published": true}], "size": 3, "hash": "088221ecd7458ecf32cd3065addfed59", "id": 1}, {"snippet_links": [{"key": "lab-space", "type": "definition", "offset": [17, 26]}, {"key": "the-premises", "type": "clause", "offset": [84, 96]}, {"key": "option-term", "type": "clause", "offset": [139, 150]}, {"key": "with-respect-to", "type": "clause", "offset": [158, 173]}, {"key": "in-the-building", "type": "clause", "offset": [236, 251]}, {"key": "comparable-office-buildings", "type": "definition", "offset": [261, 288]}, {"key": "san-francisco", "type": "clause", "offset": [451, 464]}, {"key": "market-rate", "type": "definition", "offset": [581, 592]}, {"key": "the-parties-shall", "type": "clause", "offset": [694, 711]}, {"key": "free-rent", "type": "definition", "offset": [768, 777]}, {"key": "rental-abatement", "type": "clause", "offset": [788, 804]}, {"key": "granted-to", "type": "clause", "offset": [832, 842]}, {"key": "in-connection-with", "type": "clause", "offset": [851, 869]}, {"key": "tenant-improvements", "type": "definition", "offset": [900, 919]}, {"key": "the-value", "type": "clause", "offset": [1007, 1016]}, {"key": "existing-improvements", "type": "clause", "offset": [1024, 1045]}, {"key": "to-tenant", "type": "clause", "offset": [1062, 1071]}, {"key": "based-on", "type": "clause", "offset": [1073, 1081]}, {"key": "the-improvements", "type": "clause", "offset": [1110, 1126]}, {"key": "pursuant-to-section", "type": "clause", "offset": [1183, 1202]}, {"key": "as-agreed", "type": "clause", "offset": [1234, 1243]}, {"key": "tenant-and-landlord", "type": "clause", "offset": [1252, 1271]}, {"key": "commencement-of", "type": "clause", "offset": [1347, 1362]}], "snippet": "means office and lab space that is (i) comparable in size, location, and quality to the Premises; (ii) leased for a term comparable to the Option Term; (iii) with respect to the portion of the Premises used for office purposes, located in the Building or other comparable office buildings in the \u201cSouth of Market\u201d vicinity of the Building; and (iv) with respect to the portion of the Premises used for lab purposes, located in comparable lab space in San Francisco, or if less than three (3) comparable lab spaces are available in San Francisco at the time of determination of the Market Rate, then comparable lab space in San Francisco and South San Francisco. In determining the Market Rate, the parties shall include all escalations and take into consideration (a) free rent and other rental abatement concessions, if any, being granted to tenants in connection with the Comparable Space; and (b) tenant improvements or allowances provided or to be provided for the Comparable Space, taking into account the value of the existing improvements in the Premises to Tenant, based on age, quality, and layout of the improvements. The Market Rate for an Option Term shall be calculated pursuant to Section 3.03C below. Such calculations as agreed upon by Tenant and Landlord as stated below shall be final and shall not be recalculated at the actual commencement of such Option Term.", "samples": [{"hash": "kWVu9kjyAdV", "uri": "/contracts/kWVu9kjyAdV#comparable-space", "label": "Sublease (Invitae Corp)", "score": 24.0212183436, "published": true}, {"hash": "2ZDovfJzGB3", "uri": "/contracts/2ZDovfJzGB3#comparable-space", "label": "Sublease (Invitae Corp)", "score": 23.9418206708, "published": true}], "size": 2, "hash": "18514b3b2ecc10421c5682e831b6cbc9", "id": 2}, {"snippet_links": [{"key": "standard-of-measurement", "type": "clause", "offset": [52, 75]}, {"key": "square-footage", "type": "definition", "offset": [85, 99]}, {"key": "located-in", "type": "definition", "offset": [221, 231]}, {"key": "number-of", "type": "definition", "offset": [297, 306]}, {"key": "floor-plate", "type": "definition", "offset": [317, 328]}, {"key": "services-and-amenities", "type": "clause", "offset": [390, 412]}], "snippet": "means a comparable amount of space (considering the standard of measurement by which square footage is measured) in comparable condition (i.e., shell or second generation) on a comparable floor and with a comparable view located in a building of comparable age and construction, with a comparable number of floors, a floor plate of comparable size and configuration and offering comparable services and amenities.", "samples": [{"hash": "j7L6i6adsMn", "uri": "/contracts/j7L6i6adsMn#comparable-space", "label": "Sublease Agreement", "score": 31.340862423, "published": true}, {"hash": "75IqpE8fy8s", "uri": "/contracts/75IqpE8fy8s#comparable-space", "label": "Sublease Agreement (Pacifica Bancorp Inc)", "score": 21.0, "published": true}], "size": 2, "hash": "f2d0bd539ac2bbda48aba589cc368ac4", "id": 3}, {"snippet_links": [], "snippet": "shall have the meaning ascribed to such term in Section 7.05(c);", "samples": [{"hash": "5RKBThuPKjF", "uri": "/contracts/5RKBThuPKjF#comparable-space", "label": "Operating Agreement (New York Times Co)", "score": 21.0, "published": true}, {"hash": "1HxbxEeGB5H", "uri": "/contracts/1HxbxEeGB5H#comparable-space", "label": "Operating Agreement (New York Times Co)", "score": 21.0, "published": true}], "size": 2, "hash": "5f5fe002188a49146f031ab95143be91", "id": 4}, {"snippet_links": [{"key": "office-space", "type": "definition", "offset": [29, 41]}, {"key": "other-amenities", "type": "clause", "offset": [78, 93]}, {"key": "in-the-building", "type": "clause", "offset": [131, 146]}, {"key": "in-the-case", "type": "clause", "offset": [151, 162]}, {"key": "other-building", "type": "clause", "offset": [207, 221]}, {"key": "the-space", "type": "clause", "offset": [253, 262]}], "snippet": "means a comparable amount of office space, with at least comparable views and other amenities, located on the same floor or higher in the Building, or in the case of space not in the Building, space in such other building on the same floor or higher as the space in question in the Building, with at least comparable views and amenities.", "samples": [{"hash": "fIEiERfEUTG", "uri": "https://www.sec.gov/Archives/edgar/data/860518/000114420416108619/v442442_ex10-1.htm", "label": "Basic Lease (Itex Corp)", "score": 15.4585900068, "published": false}, {"hash": "kClKjDhMRg5", "uri": "https://sec.report/otc/financial-report/180756/Supplemental-Information.pdf", "label": "Basic Lease", "score": 12.8945927447, "published": false}], "size": 2, "hash": "6255f63061ece6b2153950bc7d6b590a", "id": 5}, {"snippet_links": [{"key": "defined-in-section", "type": "clause", "offset": [30, 48]}], "snippet": "means the Comparable Space as defined in Section 44 hereof.", "samples": [{"hash": "iBXyUhoBksg", "uri": "/contracts/iBXyUhoBksg#comparable-space", "label": "Office Lease (Intersearch Group Inc)", "score": 21.0, "published": true}], "size": 1, "hash": "4501a80db4ea83b01d9505494c1c3033", "id": 6}, {"snippet_links": [{"key": "in-the-building", "type": "clause", "offset": [25, 40]}, {"key": "term-and-location", "type": "clause", "offset": [78, 95]}, {"key": "square-foot-basis", "type": "definition", "offset": [111, 128]}, {"key": "in-accordance-with", "type": "definition", "offset": [129, 147]}, {"key": "the-demised-premises", "type": "clause", "offset": [160, 180]}, {"key": "comparable-office-buildings", "type": "definition", "offset": [319, 346]}, {"key": "based-on", "type": "clause", "offset": [348, 356]}, {"key": "determination-of-market-rate", "type": "clause", "offset": [400, 428]}, {"key": "lessor-shall-provide", "type": "definition", "offset": [445, 465]}, {"key": "the-market", "type": "definition", "offset": [497, 507]}, {"key": "applicable-to", "type": "clause", "offset": [513, 526]}, {"key": "option-term", "type": "clause", "offset": [531, 542]}, {"key": "days-after", "type": "definition", "offset": [566, 576]}, {"key": "receipt-of-notice", "type": "definition", "offset": [581, 598]}], "snippet": "means tenancies of space in the building of similar size, condition, quality, term and location (adjusted on a square foot basis in accordance with the size of the Demised Premises), and if no such \"comparable space\" exists, \"comparable space\" shall mean space of similar size, condition, quality, term and location in comparable office buildings (based on quality and location). Lessor's reasonable determination of Market Rate shall be final. Lessor shall provide Tenant with Lessors written of the Market Rate applicable to the Option Term within forty-five (45) days after its receipt of notice from Lessee.", "samples": [{"hash": "jcwoYpGdMTR", "uri": "/contracts/jcwoYpGdMTR#comparable-space", "label": "Office Lease Agreement (Doubletwist Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "c9ad4e5043e081d5a69c90bc0b4cc8f9", "id": 7}, {"snippet_links": [{"key": "office-space", "type": "definition", "offset": [21, 33]}, {"key": "in-accordance-with", "type": "definition", "offset": [45, 63]}], "snippet": "means leased general office space determined in accordance with Section 3.6(f)(ii).", "samples": [{"hash": "1s3FFaCqU4g", "uri": "/contracts/1s3FFaCqU4g#comparable-space", "label": "Office Lease (NBC Internet Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "0ff341eed66d72a131c41caddae02008", "id": 8}, {"snippet_links": [{"key": "subject-to", "type": "definition", "offset": [46, 56]}, {"key": "rights-of", "type": "definition", "offset": [67, 76]}, {"key": "other-tenants", "type": "definition", "offset": [77, 90]}, {"key": "research-and-development", "type": "definition", "offset": [216, 240]}, {"key": "less-than-half", "type": "clause", "offset": [256, 270]}, {"key": "the-premises", "type": "clause", "offset": [313, 325]}], "snippet": "shall not include space which is subleased or subject to expansion rights of other tenants or builtout entirely or primarily as laboratory space but shall include space which is builtout entirely as office or office research and development space (or with less than half as laboratory space) notwithstanding that the Premises have been builtout to include a large portion of laboratory space.", "samples": [{"hash": "42yuiipi7dy", "uri": "/contracts/42yuiipi7dy#comparable-space", "label": "Sublease (Threshold Pharmaceuticals Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "83bdf5aefac0455521440122e64003a7", "id": 9}, {"snippet_links": [{"key": "term-and-location", "type": "clause", "offset": [49, 66]}, {"key": "comparable-office-buildings", "type": "definition", "offset": [70, 97]}, {"key": "based-on", "type": "clause", "offset": [99, 107]}, {"key": "determination-of-market-rate", "type": "clause", "offset": [151, 179]}, {"key": "lessor-shall-provide", "type": "definition", "offset": [196, 216]}, {"key": "the-market", "type": "definition", "offset": [248, 258]}, {"key": "applicable-to", "type": "clause", "offset": [264, 277]}, {"key": "option-term", "type": "clause", "offset": [282, 293]}, {"key": "days-after", "type": "definition", "offset": [317, 327]}, {"key": "receipt-of-notice", "type": "definition", "offset": [332, 349]}], "snippet": "means space of similar size, condition, quality, term and location in comparable office buildings (based on quality and location). Lessor's reasonable determination of Market Rate shall be final. Lessor shall provide Tenant with Lessors written of the Market Rate applicable to the Option Term within forty-five (45) days after its receipt of notice from Lessee.", "samples": [{"hash": "jcwoYpGdMTR", "uri": "/contracts/jcwoYpGdMTR#comparable-space", "label": "Office Lease Agreement (Doubletwist Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "ec719ae6a8159804c82facf808ed40dc", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIZY29tcGFyYWJsZS1zcGFjZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"title": "Comparable Space", "snippet": "means similar space in office buildings in the central business district of Chicago where the Building is located, which are comparable to the Building in reputation, quality, age, size, location, and level and quality of services provided, and which have similar occupancy of the Building, but excluding those leases where tenants have an equity interest in the building.", "size": 32, "id": "comparable-space", "examples": ["If there is no <strong>Comparable Space</strong> in the Bank of America Building at the time, Tenant shall pay, as New Rent, whatever the fair market rent in the Bank of America Building would be if there was such <strong>Comparable Space</strong> in the Bank of America Building.", "The term \u201cFair Market Rent\u201d shall mean the rent that would be paid by a willing tenant renewing its lease for <strong>Comparable Space</strong> for a term of five (5) years.", "For purposes of this Article 44, the term \u201cFair Market Rental Value\u201d of the Expansion Premises is the greater of (a) the rental rate per square foot of Rentable Area of the Expansion Premises set forth in Section 2.3 hereof, or (b) the rental rate, determined in accordance with this Article 44, at which tenants are leasing <strong>Comparable Space</strong> on the Expansion Space Term Commencement Date.", "The term \u201cFair Market Rent\u201d shall mean the rent that would be paid by a willing tenant entering into a new lease for <strong>Comparable Space</strong> for a term of not less than five (5) years.", "If there is no <strong>Comparable Space</strong> in the Bank of America Building, Lincoln Square, or the Lincoln Square expansion at the time, Tenant shall pay, as Expansion Space Rent, whatever the fair market rent in the Bank of America Building, Lincoln Square, or Lincoln Square expansion would be if there was such <strong>Comparable Space</strong> in the Bank of America Building, Lincoln Square, or Lincoln Square expansion.", "In determining the Market Rate, the parties shall include all escalations and take into consideration (a) free rent and other rental abatement concessions, if any, being granted to tenants in connection with the <strong>Comparable Space</strong>; and (b) tenant improvements or allowances provided or to be provided for the <strong>Comparable Space</strong>, taking into account the value of the existing improvements in the Premises to Tenant, based on age, quality, and layout of the improvements.", "The Lease for the Option Term shall be upon the same terms and conditions as during the original Term, except (i) the Base Year for calculating Additional Lease Charges for the Option Term shall be the period specified in the Basic Lease Information, and (ii) the Minimum Rent during the Option Term shall be equal to ninety-five percent (95%) of the Prevailing Market Rate (as that term is defined in subsection (c) hereof) for <strong>Comparable Space</strong> (as that term is defined in subsection (b) hereof).", "During the Term during Normal Business Hours, Landlord shall operate and manage the Building in an efficient, cost-effective manner; and provide janitorial and other services comparable in service and quality to those provided for <strong>Comparable Space</strong>.", "Such second extended Term shall commence upon the expiration date of the extended Term of this Lease, expire upon the annual anniversary of said date five (5) years thereafter, and be upon the same terms, covenants and conditions as provided in this Lease for the initial extended Term, except that the Annual Rent payable during the second extended Term shall be at the Prevailing Rate for <strong>Comparable Space</strong> at the commencement of such second extended Term.", "Landlord shall keep and maintain the Building, the Common Areas and the Premises (to the extent of Landlord\u2019s obligations herein with respect to the Premises) according to the standards of <strong>Comparable Space</strong>."], "related": [["comparable-buildings", "Comparable Buildings", "Comparable Buildings"], ["usable-space", "Usable space", "Usable space"], ["available-space", "Available Space", "Available Space"], ["comparable-services", "Comparable Services", "Comparable Services"], ["habitable-space", "Habitable space", "Habitable space"]], "related_snippets": [], "updated": "2025-07-06T21:58:41+00:00"}, "json": true, "cursor": ""}}