Reduced Premises Sample Clauses

Reduced Premises. Throughout the Term of this Lease, including renewals and extensions, Tenant agrees that Landlord shall have the right, upon Landlord’s giving Tenant not less than thirty (30) days prior written notice, to recapture a portion or portions of the Premises solely for the purpose of (a) installing additional elevator(s) in the Building, together with such space as may be required for lobbies and other common areas, (b) improving the Building Systems, or (c) constructing public corridors to create access to rentable space now existing or to be constructed in the future on the floor on which the Premises are located (any or all of the foregoing work, “Building Improvements”). The amount of such recaptured space which may be taken by Landlord pursuant to this Section 31.2 shall be limited to such space as is reasonably and actually required for the proper installation, access and operation of such Building Improvements, provided that if any portion of the Premises is reduced in area pursuant to this Section 31.2 to the extent that Tenant is unable to beneficially use and occupy the affected portion of the Premises following such reduction, as determined by Tenant in its reasonable judgment, then Tenant shall have the right to terminate this Lease as to the affected portion of the Premises only, by notice to Landlord given at any time from and after the date of such reduction in area. If Tenant shall duly give such notice, this Lease shall end and expire as to the affected portion of the Premises on the date which is ten (10) days following the giving of such notice, Fixed Rent and Additional Rent due hereunder with respect to such portion of the Premises shall be paid and apportioned to such date, and Landlord and Tenant, upon request of either party, shall enter into an amendment of this Lease ratifying and confirming such partial termination, and setting forth appropriate modifications, if any, to the terms and provisions hereof. Tenant shall provide Landlord with access to the Premises to perform the work to install and maintain the Building Improvements, including the right to take all necessary materials and equipment into the Premises, without the same constituting an eviction, and Tenant shall not be entitled to any abatement of rent while such work is in progress or any damages by reason of loss or interruption of business or otherwise. Landlord shall use reasonable efforts to minimize interference with Tenant’s access to and use and occupancy of the Prem...
AutoNDA by SimpleDocs
Reduced Premises. Section 4 of Addendum No. 1 is hereby deleted in its entirety and the following language substituted therefor:
Reduced Premises. Effective as of July 12, 2004, the Premises (as described in Section A of Part I of the Lease) shall be reduced by approximately 3,467 square feet of Rentable Area (3,015 usable square feet) (the “Relinquished Space #1”), so that the reduced Premises totals approximately 51,800 square feet of Rentable Area (46,387 usable square feet). As of September 1, 2004, the Premises shall be reduced by an additional approximately 11,985 square feet of Rentable Area (10,422 usable square feet) (the “Relinquished Space #2”), so that the reduced Premises totals approximately 39,815 square feet of Rentable Area (35,965 usable square feet) (Relinquished Space #1 and Relinquished Space #2 shall be collectively referred to herein as the “Relinquished Space”). The location of Relinquished Space #1 and Relinquished Space #2 is shown on the Floor Plan attached as Exhibit “A” to this Addendum No. 2. and the description of the Premises contained in Section A of Part I of the Lease is amended accordingly. The Exhibit “A” attached hereto replaces and supercedes the Exhibit “A” attached to Addendum No. 1.
Reduced Premises. As of the Effective Date, the Premises (as described in Section A of Part I of the Lease) shall be reduced by approximately 15,452 square feet of Rentable Area (13,437 usable square feet) (the “Relinquished Space”), so that the reduced Premises totals approximately 39,815 square feet of Rentable Area (35,965 usable square feet). The location of the reduced Premises is shown on the Floor Plan attached as Exhibit “A” to this Addendum No. 1. and the description of the Premises contained in Section A of Part I of the Lease is amended accordingly.
Reduced Premises. If Tenant exercises the Extension Option, Tenant shall have the right to exercise the Extension Option as to all or a portion of the Premises then leased by Tenant under this Lease, provided that, if Tenant exercises the Extension Option with respect to less than the entire Premises (the "Reduced Premises"), then the Reduced Premises must consist of the entire Building 3 Premises or the entire Building 4 Premises or both, and (ii) Tenant may exercise the Extension Option with respect to the Building A2 Premises only if Tenant also exercises the Extension Option with respect to both the Building 3 Premises and the Building 4 Premises. If Tenant exercises an extension option with respect to less than the entire Premises pursuant to the prior sentence, then for purposes of the remainder of this Section 2.2, Exhibit F, and during the period from and after the commencement of the Option Term, the term "Premises" shall mean the Reduced Premises.
Reduced Premises. EXHIBIT 10.5
Reduced Premises. 67 ARTICLE 30.
AutoNDA by SimpleDocs
Reduced Premises. The Premises known as Suite 100 shall consist of 6,996 rentable square feet on the first floor as shown in Exhibit A of this Second Amendment to Lease.
Reduced Premises. Effective as of July 1, 2006, and subject to the terms and conditions set forth in this Seventh Amendment, the Lease shall be amended to reflect that the Premises shall be reduced from the current square footage of 78,531 rentable square feet to approximately 46,000 rentable square feet. The reduced premises of approximately 46,000 rentable square feet will hereinafter be known as the “Reduced Premises”. Landlord and Tenant will execute a Confirmation Agreement as to the exact location and exact square footage (as verified by an architect) of the Reduced Premises, which shall be outlined on a cross-hatched floor plan, which will hereinafter be attached hereto as Exhibit A, which will consist of the Reduced Premises in that certain building known as Mid County 6, located at 8480-8514 Mid County Industrial Drive, St. Louis, Missouri, and as more particularly described in the Lease (the “Building”).
Reduced Premises 
Time is Money Join Law Insider Premium to draft better contracts faster.