Original Leased Premises definition
Examples of Original Leased Premises in a sentence
Landlord and Tenant now desire to amend the Lease in accordance with the terms hereof whereby, among other things, Tenant will surrender the Original Leased Premises to Landlord, Landlord shall lease to Tenant and Tenant shall lease from Landlord the Replacement Leased Premises (as hereinafter defined) and the Term for the Replacement Leased Premises shall be extended by the Renewal Term (as hereinafter defined), upon the terms and conditions set forth in the Lease, as amended hereby.
Notwithstanding anything to the contrary contained herein or in the Lease, the indemnities by Tenant of Landlord set forth in the Lease shall survive the surrender of the Original Leased Premises, such survival to be upon the terms and conditions set forth in the Lease.
Provided that Landlord and Tenant have executed and delivered this Amendment not later than October 15, 2007, then until the Renewal Term Commencement Date occurs, Tenant shall pay, as Monthly Base Rent, the Monthly Base Rent that is due for the last month of the Term for the Original Leased Premises (and not the holdover Monthly Base Rent required under Article 9 of the Lease).
As of the Building Addition Commencement Date, the Leased Premises (i.e. the Original Leased Premises together with the Building Addition) is 807,990 square feet.
Landlord and Tenant have entered into a certain Amendment No. 4 to Lease Agreement in order to evidence their agreement to extend the term of the Lease as to the Original Leased Premises, as amended, for a period of thirty (30) additional months.
Landlord and Tenant are parties to that certain Lease dated April 3, 1995 (the "Lease"), pursuant to which Landlord leased to Tenant approximately 5,366 square feet of space (the "Original Leased Premises") on the sixth (6th) floor of the building ("Building") known as ▇▇▇▇▇▇▇ Tower located at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, Eddystone, Pennsylvania.
Effective on the Expansion Date, (a) the Expansion Premises shall be deemed added to the Original Leased Premises and the Term for the Expansion Premises, the Original Leased Premises and the Storage Space shall be synchronized and become coterminous, and (b) the Term of the Lease (including the Storage Space) shall be extended such that the same shall now terminate on June 30, 2017, subject to all of the terms, covenants and conditions contained in the Lease as modified hereby.
Landlord and Tenant agree that for the period between August 1, 2017 and the expiration date of the term of the Lease for the Original Leased Premises, as extended to be co-terminus with the Expansion Term, the Base Rent for the Original Leased Premises shall be $211,263.00 per month (which amount is the amount payable by Tenant for the period of years 13, 14 and 15 of initial term of the Lease pursuant to Section 3.01 of the Lease).
From and after the Third Expansion Space Commencement Date, all references to the square footage of the Leased Premises set forth in the Lease shall be deleted and in place thereof shall be inserted the number of sixty-two thousand eight hundred thirty (62,830), so that the Leased Premises shall comprise the Original Leased Premises, the First Expansion Space, the Second Expansion Space, and the Third Expansion Space.
From and after the Expansion Space Commencement Date, all references to the square footage of the Leased Premises set forth in the Lease shall be deleted and in place thereof shall be inserted the number of fifty-three thousand six hundred eighty-nine (53,689), so that the Leased Premises shall comprise the Original Leased Premises and the Expansion Space.