Common use of Third Floor Premises Clause in Contracts

Third Floor Premises. Notwithstanding anything to the contrary contained in the Lease, commencing on June 1, 2011, Monthly Base Rent for the Third Floor Premises shall be payable pursuant to the following table: 6/1/11 — 3/31/12 $55,759.20 per month 4/1/12 — 3/31/13 $58,746.30 per month 4/1/13 — 3/31/14 $60,508.69 per month 4/1/14 — 3/31/15 $62,323.95 per month 4/1/15 — 3/31/16 $64,193.69 per month 4/1/16 — 3/31/17 $66,119.50 per month 4/1/17 — 3/31/18 $68,103.08 per month 4/1/18 — 3/31/19 $70,146.17 per month 4/1/19 — 3/31/20 $72,250.56 per month 4/1/20 — 5/31/20 $74,418.08 per month

Appears in 2 contracts

Sources: Lease Agreement (Theravance Biopharma, Inc.), Lease Agreement (Theravance Inc)