Current Premises definition

Current Premises means the premises situated at the address specified in Item 2 of Schedule 1.
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Current Premises as defined in the definition of “Excluded Property.”
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Current Premises means 37,710 rentable square feet located on the 4th Floor of the Building as described in Subsection 1.01(r) of the Original Lease, and as further shown on Exhibit A of the Original Lease.
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Examples of Current Premises in a sentence

  • Tenant acknowledges that it is presently in possession of the Current Premises and is fully aware of the condition of the Current Premises.

  • The Current Premises are more particularly described in the Lease.

  • Short-run crowding occurs simultaneously to experiencing explicit performance incentives, whereas long-run crowding occurs after explicit incentives have been abolished.

  • Prior to the New Premises Commencement Date, Tenant must vacate and surrender the Current Premises to Landlord in the same manner and with the same effect as if that date had been originally fixed in the Current Lease as the expiration date therefor.

  • Tenant shall not be required to remove any of the Tenant Improvements existing in the Current Premises as of the date of this Sixth Amendment or any Tenant Improvements constructed in the Premises pursuant to Section 6 of this Sixth Amendment at the expiration or earlier termination of the Term nor shall Tenant have the right to remove any such Tenant Improvements at any time.

  • Nothing contained herein is intended to modify the Base Year or Snow Stop for the Current Premises.

  • Payments must be made consistent with Chapter 406 (94-411 CMR 406) of the rules of the Board.

  • Tenant acknowledges that Landlord shall not be obligated to refurbish or improve the Current Premises in any manner whatsoever or to otherwise provide funds for the improvement of the Current Premises in conjunction with the Modified Term.

  • Further, since (i) the Current Premises will not be empty and/or unoccupied at any time prior to the Current Premises Commencement Date and Landlord will have no opportunity to inspect, examine, and/or audit the Current Premises in order to establish the condition of the Current Premises as of the Current Premises Commencement Date, Landlord shall have no liability for any defects in the Current Premises (whether latent or.

  • This Amendment, together with the Lease, represents the entire understanding between Landlord and Tenant concerning the subject matter hereof, and there are no understandings or agreements between them relating to the Lease, the Current Premises or Suite 350 not set forth in writing and signed by the parties hereto.


More Definitions of Current Premises

Current Premises as used in this Amendment includes the "Expansion Premises" as defined in the Third Amendment. Tenant desires to further expand the Current Premises to include additional office space in the Project described as Suite 200, located in Building C, containing approximately 10,684 rentable square feet ("Suite C-200") depicted on the attached hereto Exhibit A. Suite C-200 is currently occupied by a third party tenant of such space, which party is expected to vacate on or before December 1, 2019. In consideration of the agreements in this Amendment, Landlord and Tenant hereby amend the Lease as follows:
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Current Premises means 52,124 rentable square feet on the entire 5th floor and a portion of the 6th floor of the Building as generally indicated on EXHIBIT A of the Lease.
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Current Premises contains approximately 66,239 rentable square feet located in the following: the First Floor Premises, located in Suite 125 and containing approximately 13,056 rentable square feet; the “Fifth Floor Premises” located in Suite 500 and containing approximately 52,363 rentable square feet; and the Storage Space, located in the basement level and containing approximately 820 rentable square feet.
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Related to Current Premises

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • residential premises means a house, building, structure, shelter, or mobile home, or portion thereof, used as a dwelling, home, residence, or living place by 1 or more human beings. “Residential premises” includes an apartment unit, a boardinghouse, a rooming house, a mobile home, a mobile home space, and a single or multiple family dwelling, but does not include a hotel, a motel, motor home, or other tourist accommodation, when used as a temporary accommodation for guests or tourists, or premises used as the principal place of residence of the owner and rented occasionally during temporary absences including vacation or sabbatical leave.

  • Commercial Premises means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Part B takes place.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.