Suite 200. In the event EverHome terminates its lease with HBE prior to the date that OMB delivers possession to Overstock, Overstock shall have the option to lease Suite 200 from HBE on the terms and conditions specified in this paragraph 4. Overstock shall give HBE written notice that it desires to lease Suite 200 within ten (10) business days after HBE notifies Overstock that HBE has agreed to an early termination of EverHome’s lease of Suite 200. In the event Overstock exercises its option to lease Suite 200, the term of the lease shall commence on the date that the lease between HBE and EverHome terminates and shall terminate on the Commencement Date (as defined in paragraph 2 above) (the “Suite 200 Lease Term”). Overstock shall pay HBE Base Rent in the amount of the “Suite 200 Base Rent” set forth on Exhibit A, payable monthly during the Suite 200 Lease Term. In the event the Suite 200 Lease Term commences on a day other than the first day of a month or ends on a day other than the last day of a month, the rent for the first and last months shall be pro rated on the basis of a 30 day month. Overstock shall be responsible for Operating Expenses with respect to Suite 200 during the Suite 200 Lease Term, including its pro rata share of any adjustment after termination of the Suite 200 Lease Term. Except as specifically provided in this paragraph 4, all of the terms and conditions of the Suite 100 Lease shall apply to Suite 200 during the Suite 200 Lease Term.
Appears in 2 contracts
Sources: Lease Agreement (Overstock Com Inc), Lease Agreement (Overstock Com Inc)