FONS definition
Examples of FONS in a sentence
As of the FONS Premises Commencement Date, Tenant’s Proportionate Share for the entire Premises will be 100.00%.
Tenant accepts the Original Premises and the FONS Premises in their “as is” condition, subject to Landlord’s performing such work.
In the event that the Landlord is unable, using good faith and due diligence, to obtain a tenant for the Premises, and Landlord determines that the Restoration is necessary or desirable in connection with the optimal re-leasing of the FONS Premises, Landlord may elect to demolish all or part of the office improvements.
Tenant acknowledges that Landlord shall have no obligation to perform any construction or make any additional improvements or alterations, or to afford any allowance to Tenant for improvements or alterations, in connection with this Amendment, either to the Original Premises or to the FONS Premises.
This Amendment, and Landlord’s obligations hereunder, are expressly conditioned upon Landlord and FONS entering into a lease termination agreement on terms and conditions acceptable to Landlord in its sole and absolute discretion.
The FONS Premises shall be a part of the Premises for all purposes of the Lease, except as specifically provided herein to the contrary.
Effective as of the FONS Premises Commencement Date, the Leased Premises shall be expanded to include the FONS Premises.
Accordingly, as of the FONS Premises Commencement Date, the Leased Premises shall consist of the Original Premises, plus the FONS Premises, being the entire rentable area of the Building having a total Premises rentable area of approximately 111,577 rentable square feet, as approximately depicted on Exhibit A-2 attached hereto.
The “FONS Premises Commencement Date,” as used herein, is the earlier to occur of (i) June 1, 2004 or (ii) at Tenant’s option, the date of Landlord’s termination of the FONS Lease due to a default by FONS pursuant to the terms of the Lease and Landlord’s notice to Tenant of such termination.