Common use of Lease of Property Clause in Contracts

Lease of Property. (a) Landlord leases to Tenant and Tenant hires and leases from Landlord, on the terms, covenants and conditions hereinafter set forth, the building (the “Building”) to be constructed pursuant to Article 5 hereof and Exhibit C attached hereto on the real property described in Exhibit A attached hereto (the “Site”), to consist of a two-story office and laboratory building containing approximately 80,000 square feet (measured in accordance with the BOMA standard most closely applicable to a two-story, single-tenant building of this nature). The location of the Building on the Site is intended to be substantially as shown for “Building A” on the site plan attached hereto as Exhibit B. The Building and the other improvements to be constructed, pursuant to Article 5 hereof and Exhibit C attached hereto, on the portion of the Site designated as “Phase II” on Exhibit B attached hereto (the “Phase II Site”) are sometimes referred to collectively herein as the “Improvements,” and the Improvements and the Phase II Site are sometimes referred to collectively herein as the “Property.” The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II Site that lie outside the exterior walls of the Building, as depicted on the site plan attached hereto as Exhibit B, are sometimes referred to herein as the “Common Areas.” The Site is part of The Britannia Biotechnology Center in South San Francisco, California.

Appears in 2 contracts

Samples: Sublease (Five Prime Therapeutics Inc), Sublease (Five Prime Therapeutics Inc)

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Lease of Property. (a) Landlord leases to Tenant and Tenant hires and leases from Landlord, on the terms, covenants and conditions hereinafter set forth, the building (the "Initial Building") to be constructed pursuant to Article 5 hereof and Exhibit C --------- attached hereto on the real property described in Exhibit A attached hereto (the --------- "Site"), to consist of a two-story office and laboratory building containing approximately 80,000 66,127 square feet (measured in accordance with the BOMA standard most closely applicable to a two-story, single-tenant building of this nature). The location of the Initial Building on the Site is intended to be substantially as shown for "Building A” B" on the site plan attached hereto as Exhibit B. The --------- Initial Building and the other improvements to be constructed, pursuant to Article 5 hereof and Exhibit C attached hereto, on the portion of the Site --------- designated as "Phase II” I" on Exhibit B attached hereto (the "Phase II I Site") are --------- sometimes referred to collectively herein as the "Improvements," and the Improvements and the Phase II I Site are sometimes referred to collectively herein as the "Property." The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II I Site that lie outside the exterior walls of the Initial Building, as depicted on the site plan attached hereto as Exhibit B, --------- are sometimes referred to herein as the "Common Areas." The Site is part of The Britannia Biotechnology Center in South San Francisco, California.

Appears in 1 contract

Samples: Tularik Inc

Lease of Property. (a) Landlord leases to Tenant and Tenant hires and leases from Landlord, on the terms, covenants and conditions hereinafter set forth, the building (the “Building”) to be constructed pursuant to Article 5 hereof and Exhibit C attached hereto on the real property described in Exhibit A attached hereto (the "Site") and the building (the "Initial Building") to be constructed, pursuant to Paragraph 5 hereof and the Work Letter attached hereto as Exhibit C (the "Work Letter"), on the Site, to consist of a two-two- story office and laboratory building containing approximately 80,000 104,000 rentable square feet (feet. The area of the Initial Building shall be measured in accordance with the BOMA a standard most closely applicable reasonably acceptable to a two-story, single-tenant building of Landlord and Tenant. Landlord represents that it has adequate financial resources to perform its obligations under this nature)Lease. The location of the Initial Building on the Site is intended to be substantially as shown for “Building A” on the site plan attached hereto as Exhibit B. The Initial Building and the other improvements to be constructed, constructed pursuant to Article Paragraph 5 hereof and Exhibit C attached hereto, the Work Letter on the portion of the Site designated as “Phase II” on Exhibit B attached hereto (the “Phase II Site”) are sometimes referred to collectively herein as the “Improvements,” and the Improvements and the Phase II Site are sometimes referred to collectively herein as the "Improvements," and the Improvements and the Site are sometimes referred to collectively herein as the "Property." The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II Site that lie outside the exterior walls of the Initial Building, as depicted on the site plan attached hereto as Exhibit B, are sometimes referred to herein as the “Common "Outside Areas." The Site is part of The Britannia Biotechnology the Torrey Pines Science Center in South San FranciscoLa Jolla, California.

Appears in 1 contract

Samples: Advanced Tissue Sciences Inc

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Lease of Property. (a) Landlord leases to Tenant and Tenant hires and leases from Landlord, on the terms, covenants and conditions hereinafter set forth, the building (the “Initial Building”) to be constructed pursuant to Article 5 hereof and Exhibit C attached hereto on the real property described in Exhibit A attached hereto (the “Site”), to consist of a two-story office and laboratory building containing approximately 80,000 66,127 square feet (measured in accordance with the BOMA standard most closely applicable to a two-story, single-tenant building of this nature). The location of the Initial Building on the Site is intended to be substantially as shown for “Building AB” on the site plan attached hereto as Exhibit B. The Initial Building and the other improvements to be constructed, pursuant to Article 5 hereof and Exhibit C attached hereto, on the portion of the Site designated as “Phase III” on Exhibit B attached hereto (the “Phase II I Site”) are sometimes referred to collectively herein as the “Improvements,” and the Improvements and the Phase II I Site are sometimes referred to collectively herein as the “Property.” The parking areas, driveways, sidewalks, landscaped areas and other portions of the Phase II I Site that lie outside the exterior walls of the Initial Building, as depicted on the site plan attached hereto as Exhibit B, are sometimes referred to herein as the “Common Areas.” The Site is part of The Britannia Biotechnology Center in South San Francisco, California.

Appears in 1 contract

Samples: Sublease (Macrogenics Inc)

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