Modification of Lease. In the event of any ruling or threat by the Internal Revenue Service, or opinion of counsel, that all or part of the Rent paid or to be paid to Landlord under this Lease will be subject to the income tax on unrelated business taxable income, Tenant agrees to make reasonable modifications to this Lease to minimize such tax; provided that such modifications will not result in any increase in Rent, change the Term or impose any additional liability or obligation on Tenant or diminish Tenant’s rights hereby under. Landlord will pay all Tenant’s reasonable costs incurred in reviewing and negotiating any such lease modification, including reasonable attorneys’ and accountants’ fees.
Appears in 4 contracts
Sources: Lease (Silicon Graphics Inc), Lease Agreement (Silicon Graphics Inc), Lease Agreement (Google Inc.)
Modification of Lease. In the event of any ruling or threat by the Internal Revenue Service, or opinion of counsel, that all or part of the Rent paid or to be paid to Landlord under this Lease will be subject to the income tax on or unrelated business taxable income, Tenant agrees to make reasonable modifications to modify this Lease to minimize avoid such tax; provided that such modifications will not result in any increase in Rent, change the Term or impose any additional liability or obligation on increased obligations of Tenant or diminish Tenant’s rights hereby underunder this Lease. Landlord will pay all Tenant’s reasonable costs incurred in reviewing and negotiating any such lease modification, including reasonable attorneys’ and accountants’ fees.
Appears in 4 contracts
Sources: Commercial Lease (Jazz Pharmaceuticals PLC), Commercial Lease (Jazz Pharmaceuticals PLC), Commercial Lease (Tesla Motors Inc)
Modification of Lease. In the event of any ruling or threat by the Internal Revenue Service, or opinion of counsel, that all or part of the Rent paid or to be paid to Landlord under this Lease will be subject to the income tax on or unrelated business taxable income, Tenant agrees to make reasonable modifications to modify this Lease to minimize avoid such tax; provided that such modifications will not result in any increase in Rent, change the Term or impose any additional liability or obligation on increased obligations of Tenant or diminish Tenant’s rights hereby underunder this Lease. Landlord will pay all Tenant’s reasonable costs incurred Incurred in reviewing and negotiating any such lease modification, including reasonable attorneys’ and accountants’ fees.
Appears in 3 contracts
Sources: Lease Agreement, Commercial Lease (Silver Spring Networks Inc), Commercial Lease (Silver Spring Networks Inc)
Modification of Lease. In the event of any ruling or threat by the Internal Revenue Service, or opinion of counsel, that all or part of the Rent paid or to be paid to Landlord Lessor under this Lease will be subject to the income tax on unrelated business taxable income, Tenant Lessee agrees to make reasonable modifications to modify this Lease to minimize avoid such tax; provided that such modifications will not result in any increase in Rent, change the Term or impose any additional liability or obligation on Tenant or diminish Tenant’s rights hereby underincreased obligations of Lessee under this Lease. Landlord Lessor will pay all TenantLessee’s reasonable costs incurred in reviewing and negotiating any such lease modification, including reasonable attorneys’ and accountants’ fees.
Appears in 3 contracts
Sources: Ground Lease (Vmware, Inc.), Ground Lease (Vmware, Inc.), Ground Lease (Tibco Software Inc)
Modification of Lease. In the event of any ruling or threat by the Internal Revenue Service, or opinion of counsel, that all or part of the Rent paid or to be paid to Landlord under this Lease will be subject to the income tax on or unrelated business taxable income, Tenant agrees to make reasonable modifications to modify this Lease to minimize avoid such tax; provided that such modifications will not result in any increase in Rent, change the Term or impose any additional liability or obligation on increased obligations of Tenant or diminish Tenant’s rights hereby underunder this Lease. Landlord will pay all Tenant’s Tenants’ reasonable costs incurred in reviewing and negotiating any such lease modification, including reasonable attorneys’ and accountants’ fees.
Appears in 3 contracts
Sources: Office Lease (Innoviva, Inc.), Office Lease (Aimmune Therapeutics, Inc.), Office Lease (Hyperion Therapeutics Inc)
Modification of Lease. In the event of any ruling or threat by the Internal Revenue Service, or opinion of counsel, that all or part of the Rent paid or to be paid to Landlord under this Lease will be subject to the income tax on or unrelated business taxable income, Tenant agrees to make reasonable modifications to modify this Lease to minimize avoid such tax; provided that such modifications will not result in any increase in Rent, change the Term or impose any additional liability or obligation on increased obligations of Tenant or diminish Tenant’s rights hereby underunder this Lease. Landlord will pay all Tenant’s reasonable costs and expenses incurred in reviewing and negotiating any such lease modification, including including, without limitation, reasonable attorneys’ and accountants’ fees.
Appears in 2 contracts
Sources: Commercial Lease (Carbylan Therapeutics, Inc.), Commercial Lease (Carbylan Therapeutics, Inc.)
Modification of Lease. In the event of any ruling or threat by the Internal Revenue Service, or opinion of counsel, that all or part of the Rent paid or to be paid to Landlord under this Lease will be subject to the income tax on or unrelated business taxable income, Tenant agrees to make reasonable modifications to modify this Lease to minimize avoid such tax; provided that such modifications will not result in any increase in Rent, change or any increased obligations of Tenant under this Lease, or any diminution of the Term Premises or impose any additional liability or obligation on Tenant or diminish Tenant’s rights hereby underhereunder. Landlord will pay all Tenant’s reasonable costs incurred in reviewing and negotiating any such lease modification, including reasonable attorneys’ and accountants’ fees.
Appears in 1 contract
Modification of Lease. In the event of any ruling or threat by the Internal Revenue Service, or opinion of counsel, that all or part of the Rent paid or to be paid to Landlord under this Lease will be subject to the income tax on or unrelated business taxable income, Tenant agrees to make reasonable modifications to modify this Lease to minimize avoid such tax; provided that such modifications will not result in any increase in Rent, change the Term or impose any additional liability or obligation on increased obligations of Tenant or diminish Tenant’s rights hereby underunder this Lease. Landlord will pay all Tenant’s 's reasonable costs incurred in reviewing and negotiating any such lease modification, including reasonable attorneys’ ' and accountants’ ' fees.
Appears in 1 contract
Sources: Commercial Lease (Telik Inc)