Additional Space Sample Clauses

Additional Space. Commencing on May 1, 2001, Sublessor herein grants unto the Sublessee a Right of First Refusal on any space that shall be and/or becomes available in the building during the remaining Term of this Sublease. Prior to May 1, 2001 and thereafter prior to the first day of May of any calendar year during the remaining Term hereof, Sublessor shall notify Sublessee by written notice of the availability of any such space in the building. Should Sublessee desire to exercise its Right of First Refusal and sublease such available space, Sublessee must notify Sublessor in writing of its desire to sublease the available space within seven (7) calendar days of Sublessee's receipt of Landlord's notice of availability. Within thirty (30) days of the receipt of Sublessee's notice exercising the right to sublease such available space, Sublessee and Sublessor shall enter into an amendment of this agreement setting forth the terms under which the additional space is subleased to Sublessee. The Base Rental shall be at a rental mutually agreed between Sublessee and Sublessor. Failure by Sublessee to exercise its Right of First Refusal within said seven (7) calendar day period, or if exercised, failure to enter into an amendment of this agreement within thirty (30) days of Sublessor's receipt of Sublessee's notice, shall be deemed a waiver of such right and Sublessor shall thereafter be free of any obligation under this Article 2.04 for a period of 12 months. Any exercise by Sublessee of this Right of First Refusal shall be for a minimum of 5,000 rental square feet.

Additional Space. (i) During the Term, the Commissioner may from time to time make Additional Space available in the Terminals for concession operations. In that event, the Commissioner in her absolute discretion may determine what portion, if any, of the space will be made available to Tenant under this Agreement, but not to exceed square footage set forth in the Term Sheet. In such event, the Commissioner will send written notice to Tenant to advise Tenant of the following: a. size and location of the Additional Space being offered, if any; b. whether it is being offered as Retail Space or Storage Space; and c. the City’s Shell and Core obligations and Tenant’s Improvement obligations for the Additional Space. Within 30 days after receiving the notice from the Commissioner, Tenant must notify the Commissioner if it accepts or rejects the Additional Space and, if the Additional Space is Retail Space, the amount by which Tenant proposes to increase its Minimum Annual Guarantee to reflect the anticipated increase in Gross Revenues from the Additional Space. Upon notification from Tenant to the Commissioner that Tenant accepts the Additional Space and, if the Additional Space is Retail Space, acceptance by the Commissioner of the proposed increase in the Minimum Annual Guarantee, the square footage will be added to the Retail Space or Storage Space, as applicable, under this Agreement and Exhibit 2 modified accordingly. Upon notification from Tenant to the Commissioner that it rejects the Additional Space or if Tenant fails to notify the Commissioner within 30 days that it accepts the Additional Space, the offer will terminate and the Commissioner may offer the Additional Space to others. (ii) Nothing in (i) above requires the Commissioner to offer any Additional Space to Tenant or limits or restricts the Commissioner's or the City's right to enter into any Concession agreement with any third party.

Additional Space. A. At all times prior to the Commencement Date (i) Landlord shall keep Tenant informed as to all space that is available for lease and (ii) Tenant may elect to amend this Lease so as to expand the Premises to include any or all of the available space in the Building upon the same terms and conditions as this Lease (the available space that Tenant so elects to include in the Premises being hereinafter referred to as the “Pre-Commencement Expansion Space”), except that the Allowance for any Pre-Commencement Expansion Space shall be reduced on a pro rata basis if the term for such space is less than ten (10) years and the rental rate for any Lower Level space shall be $20.00 per rentable square foot, full service. Landlord will use commercially reasonable efforts to notify Tenant in the event that it receives any active interest in the remaining wing on the second (2nd) floor; provided, however, that failure to provide such notice shall not constitute a default by Landlord under this Lease. B. Subject to any renewal rights and expansion rights granted to ▇▇▇▇▇ ▇▇▇▇ as of the date of execution of this Lease, and provided (i) Tenant is in possession of the Premises and is conducting its business therefrom, and (ii) the Lease is in full force and effect without Default by Tenant, Landlord agrees that at all times after the Commencement Date and during the Term of this Lease (and prior to seeking a third party tenant for any other space of the Building (the “Additional Space”)), except with regard to space that is unoccupied as of the date of this Lease, Landlord will provide written notice to Tenant of its intent to offer the Additional Space for lease to third parties and the terms and conditions on which Landlord would agree to lease the space to third parties (“Landlord’s Offer”). If Tenant desires to lease the Additional space from Landlord, Tenant shall provide written notice to Landlord of its election to lease the Additional Space within thirty (30) days of Landlord’s Offer (each a “Tenant Expansion Notice”). Any Additional Space that Tenant elects to lease is hereinafter referred to as “Post-Commencement Expansion Space”). (i) Landlord’s Offer shall include the business terms for the proposed expansion of the Premises, which will provide (a) that the Term for the Post-Commencement Expansion Space shall be coterminous with the Term of the Lease (provided, however, that if less than two (2) years remain on the original lease, the term for the Post-Commence...

Additional Space. The rent for space added to the Leased Property will be equal to the Rent at the time the space is added as calculated on an annual per square foot cost multiplied by the square foot measurement of the additional space. In the event the additional space does not open into the main public corridor, the square footage uses for the calculation of the rent for the additional space may include a prorata share of the square footage of the public corridor providing access to the additional space. If Tenant and Landlord agree to add additional space to the Leased Property, the price of that space, as determined above, shall be added to the Rent and also the calculated monthly installment shall be added to the Monthly Rent Installment.

Additional Space. In addition to the above, the Parties may agree for Explore to use one or more additional classroom(s) in Building 10(C) at a rate of $2,000 per month per classroom.

Additional Space. The Additional Space shall be added to the Original Premises under all the applicable terms and conditions of the Original Lease, except as modified herein, for a term (the “Additional Space Term”) which shall commence on the date (the “A.S. Commencement Date”) which shall be the earlier of: (a) the date upon which Landlord’s Work (as hereinafter defined) is deemed to be substantially completed, or (b) the date Tenant or anyone claiming by, under or through Tenant first shall occupy any part of the Additional Space (excluding the existing conference room located therein (the “Conference Room”)) for the conduct of Tenant’s business, and shall end on the last day of the second (2nd) calendar month following the month in which the tenth (10th) anniversary of the A. S. Commencement Date occurs or in the event that the A.S. Commencement Date occurs on the first (1st) day of the month, the day immediately preceding the second (2nd) calendar month following which the tenth (10th) anniversary of the A.S. Commencement Date (the “Extended Term Expiration Date”), or on such earlier date upon which the term of the Lease shall expire, be canceled or terminated pursuant to any of the conditions or covenants of the Lease or pursuant to law. As soon as the A.S. Commencement Date and Extended Term Expiration Date are known, Landlord and Tenant shall execute a memorandum prepared by Landlord confirming the same within ten (10) days of written demand therefor, but any failure to execute such a memorandum shall not affect such dates as determined by Landlord. (The “Premises,” as such term is defined in the Original Lease, shall consist of the Additional Space and the Original Premises from and after the A.S. Commencement Date).

Additional Space. (a) Each additional space (“Additional Space”) in the Building described below and shown on the attached Exhibit B shall be added to the Premises covered by the Lease as of the date of delivery (the “Delivery Date”) by Landlord to Tenant of possession of such Additional Space, each of which dates is projected to be as indicated: 250 12,617 usf 14,699 rsf May 1, 2018 100 5,450 usf 6,349 rsf December 1, 2018 375 2,724 usf 3,173 rsf January 1, 2019 175 4,312 usf 5,024 rsf April 1, 2019 150 8,661 usf 10,090 rsf July 1, 2019 275 3,714 usf 4,327 rsf November 1, 2019 (b) For Suite 250, the Base Year Operating Expenses shall be those Operating Expenses that are actually incurred in calendar year 2018, and for each other Additional Space, the Base Year Operating Expenses shall be those Operating Expenses that are actually incurred in calendar year 2019. (c) The projected schedule of Basic Monthly Rent for each Additional Space is set forth on the attached Exhibit A; provided, however, that if the Delivery Date for any Additional Space occurs on a date other than the projected Delivery Date set forth above: (i) the commencement date for such Additional Space shall be on such other date (as memorialized in an instrument entered into between the Parties); (ii) for the first four (4) months on and after such commencement date, the Basic Monthly Rent for such Additional Space shall be at an annual cost of $8.00 per rentable square foot; (iii) following such first four (4)-month period, the annual cost per rentable square foot for such Additional Space shall at the same rate, on a per rentable square foot basis, as is payable for the third-floor premises (Suites 300 and 350) during the period concerned; and (iv) the Expiration Date for such Additional Space shall remain as July 31, 2025, subject to extension of the Term to July 31, 2026 if the Term for Suite 350 is extended to July 31, 2026 pursuant to Paragraph 3(b) of Exhibit A attached to the Second Amendment.

Additional Space. Section 40.1 (A) Subject to the provisions of Section 40.5 hereof, if at any time during the Term (i) an entire floor or any portion of a floor having an area of ten thousand (10,000) rentable square feet or more which is above the ground floor of the Building (other than any floor of the Building demised to Tenant on the date hereof) (a "Floor Additional Space") or (ii) any portion of the second floor of the Building, if the Second Floor Premises shall then comprise a portion of the Premises (other than any space on the second floor of the Building demised to Tenant on the date hereof (a "Second Floor Additional Space"; any Floor Additional Space or Second Floor Additional Space is hereinafter referred to as "Additional Space"), shall become vacant and available for occupancy, then, provided that MONY is the Tenant hereunder and no Event of Default has occurred and is continuing, Landlord, prior to offering to lease such space to any Person, shall deliver a notice to MONY stating that Landlord is prepared to enter into a lease for such Additional Space (the "Additional Lease") with Tenant, which notice (the "Additional Lease Proposal") shall specify with respect to such Additional Space (a) the Space Factor for the Additional Space, (b) any "free rent" period to be 98 99 included in the Additional Lease, (c) the work which Landlord will perform, if any, to prepare such Additional Space for Tenant's initial occupancy, (d) the amount of money, if any, which Landlord will provide to Tenant in connection with the performance by Tenant of any such work, (e) the anticipated commencement date of the tern, of the Additional Lease, (f) the fact that Tenant shall have no right to assign the Additional Lease, in whole or in part, or sublease all or any portion of the Additional Lease, and (g) any other applicable terms and conditions not otherwise provided for in this Article 40.

Additional Space. Tenant must complete or cause to be completed, at Tenant's sole cost and expense, the Improvements for each Additional Space, if any, identified by the Commissioner by the Date of Beneficial Occupancy applicable to each such Additional Space, at a total investment in Improvement Costs for each permanent Additional Space of $275 per square foot for In-Line Sites, and $40,000 per Kiosk.