Common use of Additional Premises Clause in Contracts

Additional Premises. Effective as of December 1, 2013 (the “Additional Premises Commencement Date”), Landlord hereby leases to Tenant, and Tenant hereby accepts from Landlord, the Additional Premises to be used by Tenant solely for the uses permitted in the Lease. All terms and conditions of the Lease (as amended hereby) shall apply to the Additional Premises except; (x) as specifically set forth herein; (y) Tenant’s Proportionate Share shall be increased to 45.32% (Tenant’s Proportionate Share does not include the square footage of the Storage Area), and all other figures in the Lease affected by the addition of such square footage shall be adjusted accordingly; and (z) Tenant shall not be entitled to any allowances, credits, options or other concessions with respect to the Additional Premises except as specifically set forth herein. From and after the Additional Premises Commencement Date, all references in the Lease to the “Premises” shall be deemed to include the Additional Premises. The Additional Premises and the Existing Premises shall be collectively referred to herein as the “New Premises” which consists of approximately twenty-nine thousand one hundred ninety-two (29,192) square feet.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Verrica Pharmaceuticals Inc.)

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Additional Premises. Effective as of December 1the Additional Premises Commencement Date (as defined below), 2013 the Existing Premises shall be expanded to include (and Tenant shall lease from Landlord, and Landlord shall lease to Tenant, coterminously with Tenant’s lease of the Existing Premises) additional space in the Building (collectively, the “Additional Premises”) consisting of approximately 314 rentable square feet of space, commonly known as Suites 805A and 805B, and depicted on Exhibit A attached hereto. As used herein, the “Additional Premises Commencement Date”)” shall mean July 1, Landlord hereby leases to Tenant, and Tenant hereby accepts from Landlord, the Additional Premises to be used by Tenant solely for the uses permitted in the Lease. All terms and conditions of the Lease (as amended hereby) shall apply to the Additional Premises except; (x) as specifically set forth herein; (y) Tenant’s Proportionate Share shall be increased to 45.32% (Tenant’s Proportionate Share does not include the square footage of the Storage Area), and all other figures in the Lease affected by the addition of such square footage shall be adjusted accordingly; and (z) Tenant shall not be entitled to any allowances, credits, options or other concessions with respect to the Additional Premises except as specifically set forth herein2008. From and after the Additional Premises Commencement Date, all references the term “Premises” where used in the Lease to (as amended hereby) shall mean the “Premises” shall be deemed to include Existing Premises and the Additional PremisesPremises collectively, such that the Premises shall consist of a total of approximately 162,122 rentable square feet. The Additional Premises and the Existing Premises shall be collectively referred leased by Tenant in its “AS IS” condition on the Additional Premises Commencement Date, without obligation on Landlord’s part to herein as construct or pay for any improvements or alterations to or for, or provide any improvement or refurbishment allowance for, the “New Additional Premises” which consists of approximately twenty-nine thousand one hundred ninety-two (29,192) square feet.

Appears in 2 contracts

Samples: Lease (CoreSite Realty Corp), Lease (CoreSite Realty Corp)

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Additional Premises. Effective as of December 1, 2013 the date on which Landlord delivers to Tenant possession of the Additional Premises with the Landlord’s Additional Premises Work (hereinafter defined) substantially complete (the “Additional Premises Commencement Effective Date”), Landlord hereby leases to Tenant, and Tenant hereby accepts from Landlord, the Additional Premises to be used by Tenant solely for the uses permitted in Section 1 of the Lease. All terms and conditions of the Lease (as amended hereby) shall apply to the Additional Premises except; : (xw) as specifically set forth herein; (x) the Base Rent with respect to the Additional Premises shall be as set forth in Section 4 of this First Amendment; (y) Tenant’s Proportionate Share shall be increased to 45.32% (Tenant’s Proportionate Share does not include the square footage of the Storage Area)Operating Expenses, additional rent, and all other figures in the Lease affected by the addition of such rentable square footage feet of space to the Premises shall be adjusted accordingly; and (z) Tenant shall not be entitled to any allowances, credits, options or other concessions with respect to the Additional Premises except as specifically set forth hereinin this First Amendment. From and after the Additional Premises Commencement Effective Date, all references in the Lease to the “Premises” shall be deemed to include both the Original Premises and the Additional Premises. The Additional Premises and the Existing Premises shall be collectively referred to herein as the “New Premises” which consists of approximately twenty-nine thousand one hundred ninety-two (29,192) square feet.03/02/2020 4:05 PM 7611/259/6298644v4

Appears in 1 contract

Samples: Lease Agreement (Verrica Pharmaceuticals Inc.)

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