Common use of ADDITIONAL RENT FOR TAXES AND OPERATING EXPENSES Clause in Contracts

ADDITIONAL RENT FOR TAXES AND OPERATING EXPENSES. As set forth in Article V of this Lease. SECURITY DEPOSIT: $1,832,685.75 in the form of a letter of credit, which letter of credit shall be subject to reduction, as set forth in Article XI hereof. PERMITTED USE: General office, laboratory, research and development, and manufacturing uses and such other legal uses ancillary thereto which are consistent with Landlord’s operation of Hood Park, as reasonably determined by Landlord.

ADDITIONAL RENT FOR TAXES AND OPERATING EXPENSES. As set forth in Article V of this Lease. SECURITY DEPOSIT: $1,832,685.75 750,000.00 in the form of a letter of credit, which letter of credit shall be subject to reduction, as set forth in Article XI hereof. PERMITTED USE: General office, laboratory, research and development, and manufacturing uses and such other legal uses ancillary thereto which are consistent with Landlord’s operation of Hood Park, as reasonably determined by Landlord.