Space B definition
Examples of Space B in a sentence
Tenant shall keep full and correct accounts and shall exercise such control as may be necessary or appropriate for the proper financial management of the construction of Tenant Work separately identified as to each of Space A, Space B and Space C or, if the work is done under separate contracts or in smaller separate identifiable segments or phases, then upon completion of and with respect to each separate contract or phase).
If the Landlord shall be unable to give direct possession of Space A on the First Delivery Date or Space B on the Second Delivery Date by reason of the following: (i) the holding over or retention of possession of any tenant, tenants or occupants, or (ii) for any other reason, then Landlord shall not be subject to any liability for the failure to give possession on said date.
The Commencement Date shall be February 1, 2004 and Landlord shall deliver possession of (a) Space A on December 10, 2003 (the “First Delivery Date”); (b) Space B on February 1, 2004 (the “Second Delivery Date”); and (c) Space C on February 25, 2005 (the “Third Delivery Date”) for the purposes of performing the Tenant Work.
The term of the Lease for Expansion Space B (the “Expansion B Term”) shall commence on the Expansion B Effective Date and, unless sooner terminated in accordance with the Lease, end on the Second Extended Expiration Date (defined in Section 3 below).
Notwithstanding any provision of the Existing Lease to the contrary, on and after the ESBCD, with respect to Expansion Space B, Tenant shall have the right to use, at no additional charge, an additional eighty‑six (86) unreserved, surface parking spaces.
When the Space B Commencement Date is ascertainable, Sublessor and Sublessee shall enter into a side letter agreement confirming the actual date of the Space B Commencement Date.
During the period beginning of the Commencement Date and ending on the Space B Commencement date, Sublessee's Share of the Electricity Expense shall be forty-three and nine tenths percent (43.9%), which, Sublessor, represents is the ratio of the number of square feet within the Subleased Premises to the number of square feet contained within the Sublessor's first floor space.
In no event shall the Expansion Space B Allowance and the Space B HVAC Allowance be used to reimburse for any costs of designing, procuring or installing in Expansion Space B any Personal Property, and the cost of such Personal Property shall be paid by Tenant.
With respect to Expansion Space B during the Expansion B Term, Tenant’s Share shall be 9.9008%.
Except for Expansion Space B Defects stated in such notice, Tenant shall be conclusively deemed to have accepted Expansion Space B “AS IS” in the condition existing on the date Tenant first takes possession, and to have waived all claims relating to the condition of Expansion Space B.