Demise and Term Sample Clauses

Demise and Term. Subject to issuance of the Arch Street Consent pursuant to Section 2(b) below and the Consent as set forth in Section 3 below, Sublandlord hereby leases to Subtenant, and Subtenant hereby leases from Sublandlord, the approximately 25,445 rentable square feet of space on the twenty-sixth (26th) floor, as more particularly shown on Exhibit A attached hereto (the “Subleased Premises”), of the building known as and numbered as 00 Xxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx (the “Building”). The term of this Sublease (the “Sublease Term”) shall commence upon the date that is the latest to occur of (a) the date on which Sublandlord has received the Consent of the Prime Landlord (as defined in Section 3 below) to this Sublease, (b) the date on which Sublandlord delivers the Subleased Premises to Subtenant in the condition required pursuant to Section 13 below, (c) the issuance of the Arch Street Consent, and (d) April 1, 2021 (the “Commencement Date”), and expire on December 31, 2025 (the “Expiration Date”). Notwithstanding the foregoing, provided that Prime Landlord has issued the Consent on or before such date and Subtenant has paid the Security Deposit and first month’s Sublease Rent due hereunder and provided to Sublandlord and Prime Landlord a certificate of insurance demonstrating that Subtenant has procured and is maintaining the insurance coverages required hereunder, Subtenant may, without obligation to pay Sublease Rent, enter the Subleased Premises from and after March 19, 2021 solely for the purpose of installing its furniture, fixtures, tel/data, and equipment therein, provided that in the event Subtenant commences its business operations in any portion of the Subleased Premises prior to the Commencement Date as set forth above, the Commencement Date shall be the date on which Subtenant commences its business operations in the Subleased Premises.
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Demise and Term. 2.1 Upon and subject to the terms and conditions set forth herein, Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Premises. Each party hereby expressly covenants and agrees to observe and perform all of the obligations herein contained on its part to be observed and performed.
Demise and Term. 2.01 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Demised Premises, for the Term. Promptly following the Commencement Date, the parties hereto shall enter into an agreement in form and substance reasonably satisfactory to Landlord and Tenant setting forth the Commencement Date.
Demise and Term. The Landlord does hereby demise and lease unto the Tenant the Leased Premises to have and to hold for and during the Term. For so long as the Tenant duly and punctually pays the Rent, and performs and observes its covenants herein undertaken, the Tenant shall be entitled for the benefit of the Leased Premises to enjoy, upon the terms and conditions established or altered pursuant to this Lease, the use in common with others entitled thereto of the Common Areas and the Common Facilities.
Demise and Term. 2.01. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Demised Premises, for the Term. This Lease is subject to (a) any and all existing encumbrances, conditions, rights, covenants, easements, restrictions and rights of way, of record, and other matters of record, applicable zoning and building laws, regulations and codes, and such matters as may be disclosed by an inspection or survey, and (b) easements now or hereafter created by Landlord in, under, over, across and upon the Land for sewer, water, electric, gas and other utility lines and services now or hereafter installed; provided, however, Landlord represents covenants and warrants to Tenant that the Demised Premises may be used and occupied for the purposes set forth herein; and that the foregoing shall in no manner interfere with Tenant's use and quiet enjoyment of the Demised Premises. Promptly following the Commencement Date, the parties hereto shall enter into an agreement in form and substance satisfactory to Landlord setting forth the Commencement Date.
Demise and Term. 7 3. Rent .................................... 7 4.
Demise and Term. Landlord leases to Tenant and Tenant leases from Landlord the premises (the "Premises") described in Item 1 of the Schedule and shown on the plan attached hereto as Exhibit A, subject to the covenants and conditions set forth in this Lease, for a term (the "Term") commencing on the date (the "Commencement Date") described in Item 2 of the Schedule and expiring on the date (the "Expiration Date") described in Item 3 of the Schedule, unless terminated earlier as otherwise provided in this Lease.
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Demise and Term. 7 ARTICLE 3 RENT ..................................................... 8 ARTICLE 4
Demise and Term. Sublandlord subleases to Subtenant, and Subtenant subleases from Sublandlord, the area consisting of 28,786 rentable square feet shown on the floor plan attached as Exhibit "A" attached hereto (the "Subleased Premises"), which comprises the entirety of floors three (3) and four (4) and certain common areas of the Building having a total rentable area of 59,367 square feet plus 94 square feet of Shared Area (the "Building"). For the purposes of this Sublease, it is agreed that the rentable area of the Subleased Premises and the rentable area of the Building shall be as stated in this Section 3(a) and no variation between such stated rentable areas and the actual rentable areas of the Subleased Premises and/or the Building shall alter or affect the rights and obligations of Sublandlord and Subtenant under this Sublease. The term of this Sublease (the "Sublease Term") shall commence on June 26, 2000 (the "Commencement Date"). The Sublease Term shall end on the earliest to occur of (a) 11:59 p.m. on March 31, 2003 , (the "Expiration Date"), (b) the date the Sublease is sooner terminated pursuant to its terms, or (c) the date the Master Lease is sooner terminated pursuant to its terms.
Demise and Term. Sublessor hereby leases to Subtenant, and --------------- Subtenant hereby hires from Sublessor, those certain premises (herein called the "Subleased Premises" constituting a portion of Suite 317 (+ 2,582 square feet) as shown on Exhibit A attached hereto and made a part hereof, in the building (herein called the "Building") located at lll Xxxxxxx Xxxxxx, Xxxxx 000 Xxxxxx Xxxx, Xxx Xxxxxx, being a part of the premises which were leased to Sublessor under the Main Lease (as hereinafter defined) together with the appurtenances to the Subleased Premises which are demised to Sublessor under the Main Lease. The term of this Sublease shall been the period commencing on the date (herein called ("the Commencement Date"), which is the date on which for the first time the Subtenant's Work (as hereinafter defined) under the Subtenant Work Letter (as hereinafter defined) shall have been substantially completed and a temporary or permanent certificate of occupancy shall have been issued permitting the use of the Subleased Premises for the use permitted in Paragraph 12 below, and ending at 11:59 p.m. of January 21, 2002 (the "Expiration Date"), or as sooner terminated as herein provided. The work under the Subtenant Work Letter shall have deemed substantially completed notwithstanding the fact that minor or insubstantial details of construction, mechanical adjustment or decoration remain to be performed, the non-completion of which does not materially interfere with Subtenant's use of the Subleased Premises.
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