Examples of Third Extended Term in a sentence
Tenant shall pay Landlord Base Rent for the Term in advance in consecutive monthly installments payable on the first day of each month during the Term, the Extended Term, Second Extended Term and the Third Extended Term, commencing on the Commencement Date, in accordance with the Base Rent Schedule attached hereto as Exhibit D.
Tenant shall pay Landlord Base Rent for the Term in advance in consecutive monthly installments payable on the first day of each month during the Term, the Extended Term, Second Extended Term and the Third Extended Term, commencing on the Commencement Date provided for in Section 1.03 of the Master Agreement, in accordance with the Base Rent Schedule attached hereto as Exhibit B.
Base Rent for the Extended Term, Second Extended Term and Third Extended Term shall be equal to the fair market rental value of the Leased Property as of the respective commencement dates thereof.
The term "Term" used in this Agreement means the Fixed Term, Extended Term, Second Extended Term and Third Extended Term, as appropriate.
Tenant's right to so extend the Term of the Lease is conditioned on Landlord's prior approval of the Extended Term, Second Extended Term, or Third Extended Term, as the case may be.
As of the Third Extension Date, the schedule of Base Rent payable with respect to the Premises during the Third Extended Term is the following: All such Base Rent shall be payable by Tenant in accordance with the terms of the Lease.
The Reduced Security Deposit shall be held by Landlord for the duration of the Third Extended Term as security for Tenant’s obligations under the Lease and shall expire at least sixty (60) days following the Extended Termination Date set forth herein.
Note:The term ‘Equipment/goods’ means the final and complete equipment/machinery as ordered and does not mean raw material, components, consumable, etc.
Landlord shall provide a tenant improvement allowance for the BSC RFO Premises in the amount of [***] of the BSC RFO Premises multiplied by a fraction, the numerator of which is the number of full calendar months then remaining in the Third Extended Term, and the denominator of which is one hundred twenty (120) months which allowance shall be payable according to the same terms and conditions as the Fourth Amendment Allowances are disbursed pursuant to this Fourth Amendment.
However, commencing on the Third Extension Date and continuing throughout the Third Extended Term (as hereinafter defined), the Rentable Square Footage of the Building and Tenant’s Pro Rata Share for the Premises shall be adjusted to reflect such remeasurement.