Common use of Freight Elevator Clause in Contracts

Freight Elevator. Effective as of the Additional Space Commencement Date, Article 30.01 B of the Lease is hereby deleted in its entirety and replaced with the following: “Tenant may use one (1) freight elevator car free of charge on an “after hours” basis solely in connection with its initial move into the Additional Space, provided that (a) such use does not exceed fifty (50) hours in the aggregate (provided that if such usage exceeds fifty (50) hours in the aggregate, Tenant shall pay to Landlord, as Additional Rent within five (5) days after demand, an amount equal to the standard freight charges of the Building for such excess usage); (b) Tenant reserves said freight elevator car upon at least twenty-four (24) hours notice; and (c) Tenant’s use of said freight elevator in connection with Tenant’s initial move into the Additional Space is completed within ninety (90) days following the Additional Space Commencement Date.”

Appears in 2 contracts

Samples: Agreement (Schrodinger, Inc.), Agreement (Schrodinger, Inc.)

AutoNDA by SimpleDocs

Freight Elevator. Effective as of the Second Additional Space Commencement Date, Article 30.01 B of the Lease is hereby deleted in its entirety and replaced with the following: “Tenant may use one (1) freight elevator car free of charge on an “after hours” basis solely in connection with its construction and furnishing of and initial move into the Second Additional Space, provided that (a) such use does not exceed fifty one hundred (50100) hours in the aggregate (provided that if such usage exceeds fifty one hundred (50100) hours in the aggregate, . Tenant shall pay to Landlord, as Additional Rent within five (5) days after demand, an amount equal to the standard freight charges of the Building for such excess usage); (b) Tenant reserves said freight elevator car upon at least twenty-four (24) hours notice; and (c) Tenant’s use of said freight elevator in connection with Tenant’s initial move into the Second Additional Space is completed within ninety (90) days following the Second Additional Space Commencement Date.”

Appears in 2 contracts

Samples: Agreement (Schrodinger, Inc.), Agreement (Schrodinger, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.