TERMS OF LEASE DESCRIPTION Clause Samples

TERMS OF LEASE DESCRIPTION. (References are to the Office Lease)

TERMS OF LEASE DESCRIPTION. Mid-Term Improvement Allowance (Section 8.6) An amount equal to $[***] per rentable square foot of the Premises (i.e., an amount anticipated to total $[***] based upon 147,533 rentable square feet in the Premises). [***] Confidential portions of this document have been redacted and filed separately with the Commission.

TERMS OF LEASE DESCRIPTION. (References are to the Lease)

TERMS OF LEASE DESCRIPTION. Base Rent (Article 3): July 1, 2008 through August 31, 2008 24,496 $ [***] $ [***] September 1, 2008 through November 30, 2008 49,892 $ [***] $ [***] December 1, 2008 through February 28, 2009 75,288 $ [***] $ [***] March 1, 2009 through May 31, 2009 100,684 $ [***] $ [***] June 1, 2009 through August 31, 2009 124,372 $ [***] $ [***] September 1, 2009 through June 30, 2010 147,533 $ [***] $ [***] July 1, 2010 through June 30, 2011 147,533 $ [***] $ [***] July 1, 2011 through June 30, 2012 147,533 $ [***] $ [***] July 1, 2012 through June 30, 2013 147,533 $ [***] $ [***] July 1, 2013 through June 30, 2014 147,533 $ [***] $ [***] July 1, 2014 through June 30, 2015 147,533 $ [***] $ [***] July 1, 2015 through June 30, 2016 147,533 $ [***] $ [***] July 1, 2016 through June 30, 2017 147,533 $ [***] $ [***] July 1, 2017 through July 31, 2018 147,533 $ [***] $ [***] * The foregoing schedule is based upon the anticipated rentable square footages for each per-floor portion of the Premises and the corresponding Scheduled Floor Rent Commencement Date, as more particularly identified in Sections 2.2 and 3.2 of this Summary, above. Accordingly, such schedule will be updated and confirmed following the Lease Commencement Date, the Phase 2 Commencement Date, and the verification of square footage pursuant to Section 1.2 of the Lease. Notwithstanding that Tenant shall actually be occupying approximately 73,053 rentable square feet of the Premises for the period during the Lease Term from July 1, 2008 through August 31, 2008, the Monthly Installment of Base Rent was calculated based on the Applicable Square Footage amounts, as set forth above. Additionally, notwithstanding that Tenant shall actually be occupying all of the approximately 147,533 rentable square feet of the Premises for the period during the Lease Term from September 1, 2008 through August 31, 2009, the Monthly Installment of Base Rent was calculated based on the Applicable Square Footage amounts, as set forth above. ** The Monthly Installment of Base Rent for the period during the Lease Term from July 1, 2008 through May 31, 2009 was calculated by multiplying $[***] by the then-applicable number of rentable square feet of space in the Premises. The Monthly Installment of Base Rent for the period during the Lease Term from June 1, 2009 through June 30, 2010 was calculated by multiplying $[***] by the then-applicable number of rentable square feet of space in the Premises. In all subsequent Lease Years, the c...

TERMS OF LEASE DESCRIPTION. Permitted Use (Article 5): Tenant shall use the Premises solely for general office use and uses incidental thereto, including, without limitation, support for online services (the "Permitted Use"); provided, however, that notwithstanding anything to the contrary set forth hereinabove, and as more particularly set forth in the Lease, Tenant shall be responsible for operating and maintaining the Premises pursuant to, and in no event may Tenant's Permitted Use violate, (A) Landlord's "Rules and Regulations," as that term is set forth in Section 5.2 of this Lease, (B) all "Applicable Laws," as that term is set forth in Article 24 of this Lease, (C) all applicable zoning, building codes and the "CC&Rs," as that term is set forth in Section 5.3 of this Lease, and (D) the character of the Project as a first-class office building Project. 8. Letter of Credit (Article 21): $[***] 9. Parking Pass (Article 28): Pursuant to Article 28 of the Lease. 10. Address of Tenant (Section 29.18): Bridgepoint Education, Inc. ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Facsimile No.: ▇▇▇-▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ [Prior to, and following, Lease Commencement Date] with copies to: and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLC ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Esq. Facsimile: ▇▇▇-▇▇▇-▇▇▇▇ 11. Address of Landlord (Section 29.18): See Section 29.18 of the Lease. 12. Broker(s) (Section 29.24): Representing Tenant: Representing Landlord: ▇▇▇▇▇ & ▇▇▇▇▇/BRE Commercial ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇. ▇▇▇▇▇ ▇▇▇▇▇▇ CB ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: ▇▇. ▇▇▇▇ ▇▇▇▇▇▇ 13. Improvement Allowance (Section 2 of Exhibit B): An amount equal to $[***] per rentable square foot of the Premises (i.e., an amount anticipated to total $[***] based upon 147,533 rentable square feet in the Premises). [***] Confidential portions of this document have been redacted and filed separately with the Commission.

TERMS OF LEASE DESCRIPTION. Date: November 5, 2008

TERMS OF LEASE DESCRIPTION. The date for the commencement of Tenant's lease of the remaining portions of the Premises (the "Phase 2 Commencement Date") shall be the later to occur of (i) the date upon which the fourth (4th), third (3rd) and second (2nd) floor portions of the Premises are "Ready for Occupancy," as that term is set forth in Section 5.1 of the Work Letter Agreement attached as Exhibit B to the Lease, and (ii) September 1, 2008. The dates for the commencement of Tenant's obligation to pay "Base Rent" and "Direct Expenses," as those terms are defined in Article 3 and Article 4, of this Lease, respectively, shall be as follows (for each floor, the "Scheduled Floor Rent Commencement Date"): Floor 6: July 1, 2008 Floor 5: ▇▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇ ▇▇▇▇▇ 4: ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇ ▇▇▇▇▇ 3: ▇▇▇▇▇ ▇, ▇▇▇▇ ▇▇▇▇▇ 2: ▇▇▇▇ ▇, ▇▇▇▇ ▇▇▇▇▇ 1: September 1, 2009 Notwithstanding the foregoing, if Landlord fails to deliver any floor of the Premises to Tenant in a Ready for Occupancy condition on or before the date required by the terms of this Section 3.2 (i.e., July 1, 2008 with respect to floors 6, 5 and 1, and September 1, 2008 with respect to floors 4, 3 and 2), then to the extent such failure is not due to a "Tenant Delay," as that term is defined in the Work Letter Agreement, the corresponding Scheduled Floor Rent Commencement Date shall be extended by one (1) day for each day that occurs after the scheduled delivery date (i.e., July 1, 2008 or September 1, 2008, as applicable) and before the date Landlord actually delivers such floor to Tenant in a Ready for Occupancy condition.

TERMS OF LEASE DESCRIPTION. Date: January 31, 2008. 2. Premises: 2.1 Building: That certain six (6)-story office building (the "Building") located at ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇.

TERMS OF LEASE DESCRIPTION. (References are to the Lease) 8. Base Rent (Article 3): *Subject to partial abatement its provided in Article 3 of this Lease. 9. Tenant’s Share of Operating Expenses, Tax Expenses and Utilities Costs (Section 4.2.6): 50.14% (69,808 rentable square feet within the Premises/139,227 rentable square feet within the Building). The total Building rentable square feet for purposes of Tenant’s Share of Operating Expenses, Tax Expenses and Utilities Costs currently includes the leasable space on the first (1st) and second (2nd) floors of the Building. Should any non-parking space on parking levels 1 and 2 of the Building become leasable space in the future, Tenant’s Share shall be adjusted accordingly, as described in Section 4.2.6. 10. Security Deposit (Article 20): $279,511.23 11. Brokers (Section 24.25): CBRE, Inc. representing Landlord, and ▇▇▇▇▇▇▇ & Wakefield representing Tenant. 12. Parking (Article 23): One hundred seventy-three (173) parking spaces (subject, however, to Tenant’s right to designate certain unreserved parking spaces as reserved parking spaces as provided in Article 23 of this Lease).