First Amendment Lease definition
First Amendment Lease means a Lease Contract in existence as of the Initial Closing Date which, pursuant to its terms (i) provides the applicable lessee Obligor thereunder the right to purchase the On-Lease Equipment at either (a) a fixed purchase option price, or (b) a price equal to the greater of a stated price or the then applicable fair market value (but not both (a) and (b)), and (ii) provides that if the lessee Obligor does not exercise the purchase option described in (i) above the lease shall automatically extend for a term and rental stated in the lease.
First Amendment Lease. (the "Amendment") dated May 9, 1997, by CPERS' successor in interest, Parkside Salt Lake Corporation, a Delaware corporation (the "Landlord") which is attached hereto as Exhibit A and by this reference made a part hereof, concerning approximately 11,808 rentable square feet of office space (the "Premises") located on the fifth floor of the building (the "Building") located at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇-▇▇▇▇.