Examples of First Expansion Premises in a sentence
Amount Per Square Foot of Rentable Area May 1, 2015 to June 30, 2023 $1,351,547.00 $112,628.92 $7.00 for the Fourth Expansion Premises; $12.00 for the Third Expansion Premises; $7.00 for the Original Premises, First Expansion Premises and Second Expansion Premises.
The First Expansion Premises and the Second Expansion Premises shall be collectively referred to herein as the “Expansion Premises”.
Commencing on the First Expansion Date, Tenant shall pay to Landlord all additional rent (including, without limitation, Tenant’s Proportionate Share of Taxes, Tenant’s Office Space Proportionate Share, and Tenant’s Manufacturing and Storage Space Share), in addition to annual fixed rental, on the Original Premises and the First Expansion Premises as set forth in the Existing Lease.
Effective as of the Substantial Completion of the First Expansion Premises Work (as hereinafter defined) (the “First Expansion Date”), Tenant hereby leases from Landlord, and Landlord hereby leases to Tenant, the First Expansion Premises.
For purposes of this Third Amendment, the “First Expansion Premises Delivery Date” shall be the date that Landlord actually delivers possession of the First Expansion Premises to Tenant for Tenant’s performance of the Tenant’s Work, and installation of Tenant FF&E, therein.