Common use of Must Take Space Clause in Contracts

Must Take Space. As consideration to Tenant, Landlord has agreed to allow Tenant to phase into the entire Building as noted below. This Lease provides the obligation for Tenant to phase into additional space (located on the first floor of the Building in areas to be selected by Landlord) on two separate dates following the Commencement Date of the Lease. The date of the first phase in is December 1, 2000 and the estimated phase in square footage is 10,116+/- square feet including Tenant's share of the Common Area of the Building (hereinafter referred to as Must-Take Space #1); the date of the second phase in is April 1, 2001 and the estimated square footage is 12,384+/- (hereinafter referred to as Must-Take Space #2). Reference to the "Must-Take Space" herein after refers to Must-Take Space #1 and Must-Take Space #2. As of April 1, 2001, Tenant's total square footage leased shall equal one hundred percent (100%) of said Building.