Amended Premises Sample Clauses
The Amended Premises clause defines changes or modifications to the original property or space covered by a lease or agreement. It typically outlines how the premises are altered, expanded, reduced, or otherwise adjusted, and may specify the effective date of such changes, the new description of the premises, and any resulting adjustments to rent or other obligations. This clause ensures that both parties have a clear, updated understanding of the property involved, preventing disputes over the scope of the leased or managed space.
Amended Premises. Accordingly, effective as of, and from and after, the 1A Expansion Date:
(i) Suite 418A is hereby deemed to consist of Original Suite 418A together with the Suite 418A Expansion Space;
(ii) Exhibit “A” to the Lease is hereby deleted in its entirety and replaced by Exhibit “A-1-A”, attached hereto;
(iii) all references in the Lease to Exhibit “A” are hereby deemed to be references to Exhibit “A-1-A”; and
(iv) Item 7 of the Basic Lease Information to the Lease is hereby amended and restated in its entirety as follows:
Amended Premises of the Lease is amended in part to provide that the Premises shall consist of the Original Premises, the First Addition to the Premises, the Second Addition to the Premises, the Third Addition to the Premises, the Fourth Addition to the Premises, and the Fifth Addition to the Premises, altogether totaling 42,851 rentable square feet as outlined on Exhibit A of the Lease, A-1 of the First Amendment, A-2 of the Second Amendment, A-3 of the Third Amendment, A-4 of the Fourth Amendment and A-5 to this Fifth Amendment.
Amended Premises. Exhibit “A” attached to the Lease is hereby deleted in its entirety and Exhibit “A” attached to this Amendment is substituted therefor (such that the legal description of the Land and the Premises under the Lease shall be as set forth in Exhibit “A” attached hereto). Lessor and Lessee shall promptly upon request by either of them to the other execute an amendment to the memorandum of the Lease recorded in the Official Records of Santa ▇▇▇▇▇ County to reflect this revised legal description.
Amended Premises. PARCEL A:
Amended Premises. That approximately 104,990 square feet comprising the entire three story building located at 1▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇.
Amended Premises. All that tract or parcel of land lying and being in Land Lot 1015 of the 16th District, and Second Section of ▇▇▇▇ County, Georgia, being in the City of Marietta, being more particularly described as follows:
Amended Premises. The Premises, as defined in the Agreement, shall be hereby amended to include the area shaded purple and yellow on the map attached hereto as EXHIBIT A, which is incorporated herein by reference. The areas shaded in purple delineate the instructional facilities, while the areas shaded in yellow identify the Restroom Facilities that support the instructional facilities. These combined areas shall be collectively referred to as the "Amended Premises".
Amended Premises. The Amended Premises, as defined in the First Amendment, shall remain unchanged. The map of the Amended Premises attached as EXHIBIT A to the First Amendment shall remain in full effect.
Amended Premises. Accordingly, effective as of, and from and after, the 2A Effective Date, Item 7 of the Basic Lease Information to the Lease is hereby amended and restated in its entirety as follows:
Amended Premises. Landlord shall have the right, exercisable at any point during the Term (including any extension thereof), to recapture a portion of the Premises from Tenant (the "RECAPTURE RIGHT"). In the event Landlord elects to exercise the Recapture Right, Landlord shall provide Tenant with a separate legal description for the common areas in or appurtenant to the Building (the "VACANT AREA PARCEL") and for the Building and the necessary parking areas for the operation of the Building (the "BUILDING PARCEL"). The Vacant Area Parcel and the Building Parcel shall be depicted in a survey detailing the boundaries of the separate parcels and the location of all structures on the parcels. The cost of the survey and division of the Premises into the Vacant Area Parcel and the Building Parcel shall be paid by the Landlord. Upon the production of the separate legal descriptions and survey this Lease shall be deemed to be amended to substitute the Building Parcel for the Premises. Landlord and Tenant shall thereafter execute an amendment to the Lease pursuant to which the Lease is modified to substitute the Building Parcel for the Premises. Upon the exercise of the Recapture Right, Landlord shall be free to use and dispose of the Vacant Area Parcel, subject to the restrictions set forth in this Lease. Thereafter, the Vacant Area Parcel shall be maintained by the Landlord at the Landlord's sole cost in a manner reasonably acceptable to the Tenant including the weekly landscape maintenance and Landlord shall be responsible for the real estate taxes assessed to the Vacant Area Parcel. If the Vacant Area Parcel is not assessed separately from the Building Parcel, then Landlord and Tenant shall each be responsible for their proportionate share of the real estate taxes for the Premises based on the square footage of the Premises as depicted by the survey. Tenant shall be responsible for all taxes assessed against the improvements located on the Building Parcel. Landlord shall assume sole responsibility and liability for the Vacant Area Parcel and shall indemnify the Tenant from any claim arising out of the Vacant Area Parcel.