Remainder Premises definition

Remainder Premises means the 5th and 6th floor portions of the Existing Premises stipulated to contain an overall area equal to 56,520 square feet of Rentable Area. All other capitalized terms used but not otherwise defined herein shall have the same meanings as set forth in the Lease. For purposes of the Lease, the term “Rent” shall specifically include the rental payments due with respect to the Excluded Premises (as defined above) and the Remainder Premises (as defined above), as described in Sections 7, 8 and 9 hereinbelow.
Remainder Premises means floors 14 through 16, inclusive, the Elevator Premises, the Duct Premises, the Lobby Premises (other than the Original Lobby Premises) and approximately 250 square feet of rentable area on the service level of the Building.
Remainder Premises. The Existing Premises, less the Deleted Premises, containing 124,758 rentable square feet, as shown on Lease Plan, Exhibit 2, Sheets 1 through 6, attached to the Lease; and the Storage Premises

Examples of Remainder Premises in a sentence

  • Landlord shall, in the manner hereinafter set forth, contribute up to Six Hundred Twenty-Three Thousand Seven Hundred Ninety and 00/100 ($623,790.00) Dollars (i.e., $5.00 per rentable square foot of floor area in the Remainder Premises) ("Landlord's Contribution") towards the cost of leasehold improvements to be installed by Tenant in the Remainder Premises ("Tenant's Work").

  • Subtenant’s liability for a holdover event for which Sublandlord does not hold over on the Remainder Premises but Subtenant does hold over on the Premises as described in the immediately preceding sentence, shall be equal to all damages owed to Master Landlord by Sublandlord as Tenant, under Section 22 of the Master Lease, which includes 100% of the holdover rent then due under the Master Lease.

  • During the term of this Sublease, Sublandlord shall fully comply with all the insurance obligations as provided for in the Master Lease with respect to the Remainder Premises.

  • From and after January 1, 2005, any reference in the Lease to the "Premises" shall refer to the Remainder Premises described above.

  • Subtenant’s liability for a holdover event for which Sublandlord holds over on the Remainder Premises and Subtenant also holds over on the Premises shall be calculated as a prorata percentage interest based upon a formula that is equal to the square footage of the Premises leased by Subtenant under this Sublease divided by the square footage of the total premises that are leased by Sublandlord under its Master Lease with Landlord as of the time of such indemnification.

  • If Subtenant has not completed the IPO prior to its sublease of the Remainder Premises, then Subtenant's Base Rent for the Remainder Premises shall be equal to $1.40 per square foot of the Remainder Premises per month until November 30, 2005.

  • The parties hereby agree that this Sixth Amendment shall constitute Tenant’s proper and timely exercise of the RP Extension Option with respect to all of the Remainder Premises that is other than Suite 1717 (i.e., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇, and Suite 930, which contains a total of approximately 20,697 rentable square and pursuant to Section 7.2 of the Fourth Amendment shall be referred to herein, collectively, as the “RP Extension Premises”).

  • Notwithstanding the foregoing, if Sublandlord delivers a Sublandlord's Notice and Subtenant fails or declines to exercise its Right of First Offer, the Sublease Right shall be terminated during the period after Subtenant declines or fails to sublease the Remainder Premises (but no longer than six (6) months), or, if Sublandlord is actively negotiating with a third party for the sublease of the Remainder Premises, until such negotiations terminate without the execution of a sublease.

  • Sublandlord shall have no obligation to construct any tenant improvements whatsoever, and Subtenant acknowledges, among other things, that Sublandlord shall have no obligation to demise the Premises until such time as the Remainder Premises are sublet by Sublandlord to a third party.

  • After the earlier of (i) the Remainder Premises Expiration Date, and (ii) the date that Tenant's lease of the Remainder Premises shall have been terminated or a portion of the Remainder Premises shall have been sublet, Landlord may, at Landlord's cost, remove the glass wall(s) in the +32'0" lobby level of the Building, that are near the elevators serving the 8th to 16th floors.


More Definitions of Remainder Premises

Remainder Premises is revised to mean those portions of the Existing Premises described on Exhibit B attached to this Fifth Amendment, which Exhibit B replaces and supersedes Exhibit B attached to the Fourth Amendment;
Remainder Premises means those portions of the Existing Premises described in Exhibit B. Notwithstanding anything to the contrary contained in this Fourth Amendment or the Existing Lease, Landlord grants Tenant one option (the “RP Extension Option”) to extend the Lease Term through the Extended Term Expiration Date with respect to (i) the entire Remainder Premises, or (ii) any RP Identified Portion. Unless otherwise agreed to in writing by Landlord and Tenant, an “RP Identified Portion” is defined as the Remainder Premises, less any or all of the following space: (a) Suite 1014; (b) Suite 1717; and/or (c) all portions of the Remainder Premises leased by Tenant on a particular floor of the Building.
Remainder Premises as used herein means all of the Premises under the Lease except the Storage Premises.
Remainder Premises means the First Remainder Premises, the Second Remainder Premises and the Third Remainder Premises (but does not include any space leased pursuant to the Right of First Offer in Section 16.1);
Remainder Premises. The Existing Premises, less the Deleted Premises, containing 22,815 square feet of Total Rentable Area, substantially as shown on Lease Plan, Exhibit 2, Fourth Amendment dated as of October 1, 1995.