Sublet Premises. Sublessor does hereby sublease to Sublessee and Sublessee does hereby sublease from Sublessor, for the term and upon the conditions hereinafter provided the premises consisting of approximately 75,000 square feet of floor area in building 7-G-1 and 8-G-1, all as more particularly shown on Exhibit A hereto, including all appurtenant rights thereto (the "Sublet Premises").
Sublet Premises. The Additional Space, consisting of 3,825 rentable square feet, is described in Exhibit B-1, attached hereto and made a part hereof. Sublessor sublets the Additional Space to the Sublessee in its "as is" condition. The Sublet Premises (16,456 rentable square feet) and the Additional Space (3,825 rentable square feet) may hereinafter sometimes be referred to collectively as "Expanded Sublet Premises" (20,281 rentable square feet). Sublessee shall, at its own cost and expense, make any and all improvements to the Additional Space subject to the prior approval of Sublessor and Landlord and in compliance with the following:
Sublet Premises. Sublandlord does hereby sublease to Subtenant the Sublet Premises for the term and upon the conditions hereinafter provided.
Sublet Premises. The Sublet Premises is described in Exhibit B, attached hereto and made a part hereof. Sublessee will occupy the Sublet Premises in its "as is" condition. Sublessee shall, at its own cost and expense, arrange with Landlord for all cabling to other floors and for all rooftop dish requirements, and by its execution of this Sublease, Sublessee acknowledges that such arrangements have been concluded to Sublessee's satisfaction.
Sublet Premises. Sublandlord, in consideration of the covenants and agreements to be performed by Subtenant, and upon the terms and conditions hereinafter stated, does hereby sublet to Subtenant, and Subtenant does hereby sublet from Sublandlord, the Sublet Premises.
Sublet Premises. The premises subleased by Subtenant pursuant to the Sublease, as more particularly described in the Sublease.
Sublet Premises. Subject to the consent of Landlord pursuant to Section 27.1 below, Sublessor hereby subleases to Sublessee, and Sublessee hereby subleases from Sublessor, upon the terms and conditions set forth in this Sublease, that certain portion of the Premises more particularly depicted on Exhibit “B” attached hereto, which the parties agree consists of 46,643 rentable square feet located on the fourth (4th) floor of “Building 1” (as defined in the Original Lease and commonly referred to as 00000 Xxxxx Xxxxx Xxxxx) (the “Sublet Premises”). Subtenant’s leasehold interest in the Sublet Premises shall include any and all existing improvements in the Sublet Premises, subject to Sublessee’s initial improvements and alteration rights set forth in this Sublease. The parties agree that the Sublet Premises consists of 46,643 rentable square feet in the aggregate shall not be subject to re-measurement. Appurtenant to the Sublet Premises, subject to the terms and conditions of the Master Lease, Sublessee will have the nonexclusive right to use such common areas and facilities as may be reasonably required by Sublessee for the use of and access to the Sublet Premises, including, without limitation, the main building lobby on the first floor of Building 1, the building electrical and telephone room, and overhead cable-runs and riser space as required for electrical and telephone service to the Sublet Premises (the “Appurtenant Rights”).
Sublet Premises. Subject to the terms, conditions and covenants hereinafter set forth, Sublandlord hereby subleases the Sublet Premises to Subtenant, and Subtenant hereby hires and accepts the Sublet Premises from Sublandlord. In addition, and as part of this Sublease, Sublandlord shall lease to Subtenant, and Subtenant shall lease from Sublandlord, any and all existing permanently attached improvements in the Sublet Premises (the "Improvements") upon all of the terms, covenants and conditions herein contained. As used herein, the term "Sublet Premises" shall also include the Improvements for the purposes of Subtenant's maintenance,, repair and surrender obligations. Consistent with the Main Lease, Subtenant shall use the Sublet Premises solely for general office, assembly, research and development, or any other legally permitted use pursuant to the M1B zoning (or successor zoning designation) applicable to the Building. The precise square footage of the Sublet Premises may vary slightly (not greater than 3% of the amount set forth thereon) from the square footage described in Recital B above because it is subject to space planning and final measurement. Before Subtenant takes possession of the Sublet Premises, Sublandlord and Subtenant shall mutually agree upon the precise rentable square footage of the Sublet Premises (the "Net Square Footage") using current industry measuring standards endorsed by the Building Owners and Managers Association but consistent with any such standard set forth in the Main Lease (the "BOMA Standard").
Sublet Premises. Subject and subordinate to the terms, conditions and provisions of the Master Lease and this Sublease Agreement, Sublandlord hereby subleases, to Subtenant, and Subtenant hereby subleases from Sublandlord, the Sublet Premises, in its “as is” condition existing on the Effective Date (as hereinafter defined), without any agreement, representation, obligation, or undertaking on the part of Sublandlord to perform any alterations, improvements, repairs or decorations thereto or to provide any allowance therefor. Subtenant represents that it has thoroughly examined the Building and the Sublet Premises and is satisfied therewith.
Sublet Premises. In consideration of Sublessee’s obligation to pay Rent as herein provided and in consideration of the other terms, covenants, and conditions hereof, Sublessor leases to Sublessee, and Sublessee leases from Sublessor, the Sublet Premises (as the same may be adjusted during the Term hereof), to have and to hold for the Term, subject to the terms, covenants and conditions of this Sublease. As appurtenant thereto, the “Sublet Premises” shall include all rights and easements on, over and through the Building, including all entrances and exits to the public streets, for vehicular and pedestrian access, ingress and egress to and from the Sublet Premises. The parties hereto hereby acknowledge and agree that the “Sublet Premises” additionally include both the back-up generator located on-site and the shipping container presently located in the parking area servicing the Building; provided, however, that for the period beginning on the Commencement Date and continuing through the Premises Expansion Date, Sublessor shall have the exclusive right to use the shipping container for storage purposes and Sublessee hereby acknowledges that such exclusive use by Sublessor for such period does not materially interfere with Sublessee’s use of the Sublet Premises nor does such exclusive use by Sublessor constitute any manner of constructive eviction of Sublessee’s possessory rights provided by this Sublease. Notwithstanding the foregoing, including in the definition of “Sublet Premises” set forth in the Basic Lease Definitions hereinabove, Sublessee shall have the one (1) time option to move forward the Premises Expansion Date to a date which is earlier than the date which is eighteen (18) months following the Commencement Date hereof. In any case, any such notice from Sublessee to move forward the Premises Expansion Date must be received by Sublessor no less than ninety (90) days prior to Premises Expansion Date. In the event, Sublessee effectively exercises the right to advance the Premises Expansion Date, the Base Rent schedule set forth above, and all amounts due from Sublessee to Sublessor as provided pursuant to this Sublease, shall be adjusted to reflect that Sublessee shall be occupying the entire Building, and by and from the effectiveness thereof, the definition of “Sublet Premises” shall include the entire 26,800 rentable square feet of the Building.
