Extended Premises definition

Extended Premises. Section 3.6(b)
View Source

Examples of Extended Premises in a sentence

  • MW has not received any notice from any Governmental Authority having jurisdiction over the Premises or any other office or warehouse locations of MW (the Premises and such other office or warehouse locations being collectively referred to herein as the "Extended Premises") that the Extended Premises are presently the subject of any condemnation, special assessment or similar charge or proceeding, and no such condemnation, special assessment or charge is currently threatened or contemplated.

  • TBS has not received any notice from any Governmental Authority having jurisdiction over the Premises or any other office or warehouse locations of TBS (the Premises and such other office or warehouse locations being collectively referred to herein as the "Extended Premises") that the Extended Premises are presently the subject of any condemnation, special assessment or similar charge or proceeding, and no such condemnation, special assessment or charge is currently threatened or contemplated.

  • WGB has not received any notice from any Governmental Authority having jurisdiction over the Premises or any other office or locations of WGB (the Premises and such other office or locations being collectively referred to herein as the "Extended Premises") that the Extended Premises are presently the subject of any condemnation, special assessment or similar charge or proceeding, and no such condemnation, special assessment or charge is currently threatened or contemplated.

  • Effective as of the Extension Term Commencement Date, all references herein and in the Lease to the “Premises” shall mean the Extended Premises as defined herein (except to the extent necessary to reasonably interpret Article 16 of the Original Lease in the event of a holdover of any of the Non-Extended Premises).

  • The Base Rent for the Remainder Space shall be that set forth in the ROFR Terms; provided that if the Expiration Date is extended for the Reduced Premises in connection with the ROFR Amendment, the Base Rent for the Extended Premises during such extension shall be ninety seven percent (97%) of the then-prevailing Market Rate which, if not agreed upon by Lessor and Lessee shall be determined by arbitration as set forth in paragraph 9(b) above.

  • Tenant shall not be required to restore any Tenant Improvements or Alterations which exist in the Extended Premises as of the date of this Amendment.

  • Effective on the Extension Term Commencement Date, Tenant’s Maximum Passes (as defined in Section 28.1 of the Original Lease) shall equal three hundred twenty-nine (329) parking passes (equivalent to three and one-half (3.5) parking passes per 1,000 rentable square feet of the Extended Premises).

  • Tenant acknowledges and agrees that the Extended Premises have been remeasured pursuant to BOMA (Building Owners and Managers Association International) document “Office Buildings, Standard Methods of Measurement, ANSI/BOMA Z65.1 – 2010, Method B” (“BOMA 2010”), and the rentable area of the Extended Premises has changed as a result of such remeasurement.

  • Upon the commencement of the term of the Lease for the Additional Expansion Premises, the Additional Expansion Premises shall automatically become a part of the Extended Premises.

  • Tenant shall not be obligated to pay Base Rent for the Extended Premises for the period February 1, 2019 through June 30, 2019 (i.e., five (5) months of Base Rent abatement in the total amount of $2,748,096).

Related to Extended Premises

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • 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.

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Leased Premises means the premises which are material to the Company or any Subsidiary and which the Company or any Subsidiary occupies or proposes to occupy as a tenant, sub-tenant or occupant;