Suite 700 Clause Samples
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Suite 700. Commencing on the Suite 700 Commencement Date and continuing thereafter throughout the Modified Term, Tenant shall pay to Landlord monthly installments of Base Rent for Suite 700 as follows: Period During Modified Term*** Annual Base Rent* Monthly Installment of Base Rent* Approximate Annual Rental Rate per Rentable Square Foot* Suite 700 Commencement Date – the last day of the full calendar month that is Lease Month 12 $ 2,719,015.00 $ 226,584.58 $ 65.00 The first (1st) day of the full calendar month that is Lease Month 13 – the last day of the full calendar month that is Lease Month 24 $ 2,800,585.45 $ 233,382.12 $ 66.95 ** The first (1st) day of the full calendar month that is Lease Month 25 – the last day of the full calendar month that is Lease Month 36 $ 2,884,603.01 $ 240,383.58 $ 68.96 ** The first (1st) day of the full calendar month that is Lease Month 37 – the last day of the full calendar month that is Lease Month 48 $ 2,971,141.10 $ 247,595.09 $ 71.03 ** The first (1st) day of the full calendar month that is Lease Month 49 – the last day of the full calendar month that is Lease Month 60 $ 3,060,275.33 $ 255,022.94 $ 73.16 ** The first (1st) day of the full calendar month that is Lease Month 61 – the last day of the full calendar month that is Lease Month 72 $ 3,152,083.59 $ 262,673.63 $ 75.35 ** The first (1st) day of the full calendar month that is Lease Month 73 – Extended Expiration Date $ 3,246,646.10 $ 270,553.84 $ 77.61 ** * The initial Annual Base Rent amount was calculated by multiplying the initial Annual Rental Rate per Rentable Square Foot amount by the number of rentable square feet of space in the Suite 700, and the initial Monthly Installment of Base Rent amount was calculated by dividing the initial Annual Base Rent amount by twelve (12). Both Tenant and Landlord acknowledge and agree that multiplying the Monthly Installment of Base Rent amount by twelve (12) does not always equal the Annual Base Rent amount. In all subsequent Base Rent payment periods during the Modified Term commencing on the first (1st) day of the full calendar month that is Lease Month 13, the calculation of each Annual Base Rent amount reflects an annual increase of three percent (3%) and each Monthly Installment of Base Rent amount was calculated by dividing the corresponding Annual Base Rent amount by twelve (12). ** The amounts identified in the column entitled “Approximate Annual Rental Rate per Rentable Square Foot” are rounded amounts and are provided...
Suite 700. Except as specifically set forth in this Section 5.2, commencing on the Suite 700 Commencement Date, Tenant shall pay Tenant’s Share of Direct Expenses in connection with Suite 700 in accordance with the terms of Article 4 of the Original Lease, provided that with respect to the calculation of Tenant’s Share of Direct Expenses for Suite 700, (i) Tenant’s Share shall equal 5.7148%, and (ii) the Base Year shall be the calendar year 2015.
Suite 700. In connection with Suite 700 only, the phrase "Tenant's Percentage Share (Suite 700)" shall mean ten percent (10.00%) with respect to Property Taxes and Operating Expenses for the Building.
(i) January 1, 2002 to the Expiration Date. Starting on January 1, 2002 and during each and every month thereafter during the Initial Lease Term, Tenant shall pay Tenant's Percentage Share (Suite 700) of Property Taxes and Operating Expenses in excess of the 3 Property Taxes and Operating Expenses paid or incurred by Landlord during the Suite 700 Base Year (defined in Section 4.01 (A)).
Suite 700. Starting on January 1, 2002 and during each calendar year thereafter during the Initial Lease Term, the Monthly Base Rent for Suite 700 payable by Tenant to Landlord, as adjusted pursuant to Section 1.07 above, shall be increased by (a) Tenant's Percentage Share (Suite 700) of the total dollar increase, if any, in Property Taxes for such year over Property Taxes for the Suite 700 Base Year; and (b) Tenant's Percentage Share (Suite 700) of the total dollar increase, if any, in Operating Expenses paid or incurred by Landlord during such year over Operating Expenses paid or incurred by Landlord during the Suite 700 Base Year. A decrease in Property Taxes or Operating Expenses below the Suite 700 Base Year amounts shall not decrease the amount of the Monthly Base Rent due hereunder or give rise to a credit in favor of Tenant.
Suite 700. Dates Annual Base Rent Per Square Foot Monthly Base Rent Annual Base Rent 700CD – 10/31/13 $ 9.75 $ 19,216.44 $ 230,597.25 11/1/13 – 10/31/14 $ 10.25 $ 20,201.90 $ 242,422.75 11/1/14 – 10/31/15 $ 10.75 $ 21,187.35 $ 254,248.25 11/1/15 – 10/31/16 $ 11.25 $ 22,172.81 $ 266,073.75 11/1/16 – 10/31/17 $ 11.75 $ 23,158.27 $ 277,899.25 11/1/17 – 10/31/18 $ 12.25 $ 24,143.73 $ 289,724.75 11/1/18 – 10/31/19 $ 12.75 $ 25,129.19 $ 301,550.25 11/1/19 – 4/30/20 $ 13.25 $ 26,114.65 $ 313,375.75
Suite 700. Upon receipt by Landlord of the Expansion Notice from Tenant exercising its right to expand into Suite 700 and upon the delivery of Suite 700 to Tenant, Landlord leases to Tenant and Tenant leases from Landlord, Suite 700 in accordance with this Thirteenth Amendment.
1. Landlord will deliver all of Suite 700 to Tenant on or before the Scheduled Delivery Date of Suite 700 in its current ''as is" condition, broom clean, floors vacuumed and with the personal property of the prior tenant removed. Tenant acknowledges and agrees that the Scheduled Delivery Date for Suite 700 may be delayed if the existing tenant fails to timely vacate. Landlord shall use commercially reasonable efforts to cause the existing tenant to vacate Suite 700 on a timely basis. The actual Delivery Date for Suite 700 will be the date Landlord delivers Suite 700 in the condition required herein and confirmed as required herein. From and after the Delivery Date for Suite 700, all references in the Lease to the term "Premises" shall include Suite 700. The obligation to pay Rent for Suite 700 as set forth in the Suite 700 Rent Schedule below will commence ninety (90) days after the Delivery Date for Suite 700 ("Suite 700 Rent Commencement Date").
2. In consideration for Landlord delivering Suite 700 on the Delivery Date for Suite 700, Tenant will pay Base Rent and Additional Rent for Suite 700 for the balance of the Term of the Lease as follows: 11-1-12 to 3-31-13* $0.00 $0.00 $0.00 4-1-13 to 11-30-13 $27.50 $47,799.58 $573,594.96 12-1-13 to 11-30-14 $28.00 $48,668.67 $584,024.04 12-1-14 to 11-30-15 $28.50 $49,537.75 $594,453.00 12-1-15 to 11-30-16 $29.00 $50,406.83 $604,881.96 12-1-16 to 11-30-17 $29.50 $51,275.92 $615,311.04 12-1-17 to 4-30-18 $30.00 $52,145.00 $625,740.00 * The foregoing Suite 700 Rent Schedule is based on a Rent Commencement Date of November 1, 2012. To the extent the Rent Commencement Date is prior to November 1, 2012, Tenant shall pay Monthly Base Rent at $27.50 per rentable square feet in Suite 700. Except as set forth above, Schedule 2 to the Eleventh Amendment, as modified by the Twelfth Amendment remains in full force and effect for the balance of the Term.
Suite 700. Upon the mutual execution hereof, Landlord leases to Tenant and Tenant leases from Landlord Suite 700 in accordance with this Fourteenth Amendment.
A. Landlord will deliver all of Suite 700 to Tenant on or before the Scheduled Delivery Date of Suite 700 in its current "as is" condition, broom clean, floors vacuumed and with the personal property of the prior occupants, if any, removed. From and after the Delivery Date for Suite 700, all references in the Lease to the term "Premises" shall include Suite 700. The commencement date for Suite 700 shall be the date which is ninety (90) days after the Delivery Date for Suite 700 ("Suite 700 Commencement Date"). The obligation to pay Rent for Suite 700 as set forth in the Suite 700 Rent Schedule below will commence ninety (90) days after the ▇▇▇▇▇ ▇▇▇ Commencement Date ("Suite 700 Rent Commencement Date").
B. Tenant will pay Base Rent and Additional Rent for Suite 700 commencing on the Suite 700 Rent Commencement Date for the balance of the Term of the Lease as follows:
Suite 700