Common use of Building and Premises Clause in Contracts

Building and Premises. The parties have agreed that the building known as ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ (“Building”) contains 137,200 rentable square feet on seven (7) floors (inclusive of all common areas including without limitation the lobby, elevator area and interconnecting bridge area to be constructed as provided in this Lease), which Building is shown on the plan attached hereto as Exhibit A. The terms and provisions of this Lease require Tenant to occupy the Building in stages in accordance with Exhibit B attached hereto (the “Take-Down Schedule”) and the term “Premises” as used in this Lease shall mean the portion of the Building then being occupied by Tenant based on the Take-Down Schedule. Base Rent, Additional Rent, Pro-Rata Share and all RSF references contained in this Lease shall be adjusted to reflect the increase in the portion of the Premises so occupied by Tenant from time to time as provided on the Take-Down Schedule. The rentable square feet of the Premises and the Building, as the case may be, is referred to as “RSF.”

Appears in 2 contracts

Sources: Lease Agreement (NxStage Medical, Inc.), Lease Agreement (NxStage Medical, Inc.)