Lease of Additional Premises Clause Samples
The 'Lease of Additional Premises' clause allows a tenant to lease extra space within the same property or building, beyond the original premises specified in the lease agreement. This clause typically outlines the process for identifying, offering, and accepting additional space, including terms such as rent adjustments, commencement dates, and any necessary modifications to the existing lease. Its core function is to provide flexibility for tenants whose space needs may change over time, ensuring a clear and agreed-upon method for expanding their leased area without renegotiating the entire lease.
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Lease of Additional Premises. The Lease is hereby amended to provide that Landlord hereby demises and lets unto Tenant, and Tenant hereby leases and hires from Landlord, all that certain space on the fourth floor of the Building (Suite 450) containing approximately 7,835 RSF of space (the “Additional Premises”), as shown on Exhibit “A”, attached hereto and made a part hereof. The term of the Lease for the Additional Premises shall commence (the “Additional Premises Commencement Date”) on the date which is the earlier of (i) when Tenant, with Landlord’s prior consent, assumes possession of the Additional Premises for its Permitted Uses, or (ii) upon Substantial Completion (defined below) of the improvements required to be made by Landlord, under Article 3. Substantial Completion means that the initial improvements called for by this Fourth Amendment to Lease have been completed to the extent that the Additional Premises may be occupied by Tenant for its Permitted Use, subject only to completion of minor finishing, adjustment of equipment, and other minor construction aspects, and Landlord has procured a temporary or permanent certificate of occupancy permitting the occupancy of the Additional Premises, if required by law (hereafter, “Substantial Completion”). Tenant understands and acknowledges that Tenant’s compliance with the Tele/Data requirements as set forth on Exhibit “B”, attached hereto, is a prerequisite to Substantial Completion of Landlord’s Work. Tenant covenants that it will comply in good faith with the terms of Exhibit “B”. It is estimated that the Additional Premises Commencement Date shall be on or about December 1, 2011. It is the mutual intention of Landlord and Tenant that the Additional Premises shall be leased to and occupied by Tenant on and subject to all of the terms, covenants and conditions of the Lease except as otherwise expressly provided to the contrary in this Fourth Amendment to Lease, and to that end, Landlord and Tenant hereby agree that from and after the Additional Premises Commencement Date, the word “Premises”, as defined in the Lease, shall mean and include both the Original Premises and the Additional Premises, containing a total of 30,617 RSF, unless the context otherwise requires.
Lease of Additional Premises. Landlord hereby leases to Tenant and ---------------------------- Tenant hereby leases from Landlord the "Additional Premises" on all the terms and conditions of the Lease, except as otherwise expressly provided in this Article 26. The Additional Premises are more particularly described in paragraph 26.1 (a), as described below.
Lease of Additional Premises. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Additional Premises as of the Additional Premises Commencement Date (as defined below) for use by Tenant in accordance with the Permitted Use and in accordance with the other terms and conditions of the Amended Lease. From and after the Additional Premises Commencement Date, the “Premises,” as defined in the Lease, shall (a) mean the Current Premises plus the Additional Premises and (b) contain approximately eighteen thousand sixty-eight (18,068) square feet of Rentable Area. The term with respect to the Additional Premises shall commence upon the Additional Premises Commencement Date and shall terminate, subject to any extension options granted pursuant to the Amended Lease, simultaneously with the expiration of the Term (as extended by this Amendment).
Lease of Additional Premises. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Additional Premises for use by Tenant in accordance with the Permitted Use and in accordance with the terms and conditions of the Lease. From and after the Additional Premises Term Commencement Date (as defined below), the “Premises,” as defined in the Lease, shall (a) mean the Original Premises plus the Additional Premises and (b) contain approximately twenty-seven thousand two hundred thirty-nine (27,239) rentable square feet and (c) be as set forth on Exhibit A attached hereto which shall be substituted for the original Exhibit A of the Lease.
Lease of Additional Premises. The Lease is hereby amended to provide that Landlord hereby demises and lets unto Tenant, and Tenant hereby leases and hires from Landlord, 29,778 RSF of space with a suite number of 200 located on the second floor of Building-2 (the “Additional Premises”), as shown on Exhibit “A, attached hereto and made a part hereof. It is the mutual intention of Landlord and Tenant that the Additional Premises shall be leased to and occupied by Tenant on and subject to all of the terms, covenants and conditions of the Lease except as otherwise expressly provided to the contrary in this Amendment.
Lease of Additional Premises. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Additional Premises as of the Additional Premises Term Commencement Date (as defined below) for use by Tenant in accordance with the Permitted Use and in accordance with the terms and conditions of the Amended Lease. From and after the Execution Date, the “Premises,” as defined in the Amended Lease, shall (a) consist of the Current Premises and the Additional Premises and (b) contain approximately eight thousand forty-one (8,041) Rentable Square Feet.
Lease of Additional Premises. Landlord does hereby lease to Tenant, and the Tenant does hereby lease from the Landlord, the premises outlined in red on Exhibit A attached hereto (the "Additional Premises") consisting of approximately 9,374 rentable square feet located on the floor in the Building for the term hereinafter provided, and subject to all of the terms and conditions set forth in the Amended Lease, including, without limitation, any renewal options set forth in the Amended Lease, except as amended or modified in this Third Amendment. The net rentable area of the Additional Premises shall be calculated in accordance with WDCAR Standard Method of Measurement and shall be subject to confirmation by Tenant's architect.
Lease of Additional Premises. Landlord does hereby lease to Tenant and the latter does hereby rent from the former, the Additional Premises containing not less than approximately 45,000 rentable square feet within the Building, as shown on Exhibit A attached hereto, for the term hereinafter provided, and subject to all of the terms and conditions set forth in the Lease except as amended or modified in this Agreement. The final measurement of the square footage of the Additional Premises shall be based on the final Space Plan as set forth below. Based on the final Space Plan, this Amendatory Lease Agreement shall then be further modified to reflect that final measurement with the appropriate adjustments to Base Rent hereunder being determined and acknowledged at that time.
Lease of Additional Premises. Landlord will lease to Tenant, and Tenant will accept and lease from Landlord, those certain premises located in the Shopping Center and previously occupied by Curves for Women, consisting of approximately 1,200 square feet of retail space and commonly known as 1740 West 7800 South, West Jordan, Utah (the "Additional Premises"). ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ Additional Premises to Tenant ▇▇▇▇▇▇▇tely upon vacation of said premises by Curves for Women. Upon vacation by Curves for Women, the Additional Premises shall be deemed to be part of the "Demised Premises" as defined in the Lease and Tenant's use and occupancy of the Additional Premises will be subject to all of the terms and conditions of the Lease applicable to the Demised Premises.
Lease of Additional Premises. Effective on the Additional Premises Commencement Date (as hereinafter defined), Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Additional Premises, including exclusive shafts, cable runs, mechanical spaces and rooftop areas, for use by Tenant solely for office use in conformity with all Applicable Laws (collectively, the “Additional Premises Permitted Use”). Tenant’s leasing of the Additional Premises shall be upon all of the same terms and conditions of Lease applicable to the Existing Premises, except to the extent inconsistent with the provisions of this Amendment. From and after the Additional Premises Commencement Date, the term “Premises,” as used in the Lease, shall be deemed to include the Additional Premises.