Common use of Leased Space Clause in Contracts

Leased Space. For a period of six-months following the Closing (or such shorter period ending upon the termination of the underlying lease), Purchaser shall provide office space for 6 persons employed by VIPA at a reasonable rental rate based upon a pro rata allocation (based upon square footage) of the underlying rent of the subject property.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Vision Twenty One Inc), Asset Purchase Agreement (Eye Care Centers of America Inc)