Warehouse Space Sample Clauses
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Warehouse Space. A. Provided that Tenant is not then in Default, beyond all applicable notice and cure periods, under any of the terms hereof and has not been in monetary or other material Default more than two (2) times during the first year of the Term, Tenant shall have the option to lease all, but not a portion, of that certain 15,425 rentable square feet of space in the Building identified on Exhibit C-1 (the “Warehouse Space”) provided, however, that (i) such Warehouse Space is not leased to another tenant or otherwise occupied; or (ii) Landlord is not in current, reciprocal written negotiations for the lease of all or part of such Warehouse Space with a third party; and (iii) by providing Landlord written notice of Tenant’s expansion right at any time during the first year of the Initial Term. Tenant and Landlord shall enter into an amendment to this Lease evidencing the expansion into the Warehouse Space. In the event that Tenant properly exercises its option to expand into the Warehouse Space, the lease of the Warehouse Space shall commence upon the date that Landlord delivers possession of the Warehouse Space to Tenant and shall be coterminous with the term of the Premises. The lease of the Warehouse Space shall be upon the same terms and conditions set forth in this Lease as they relate to the Premises, except as otherwise set forth in this Lease. In the event that Tenant properly expands into the Warehouse Space, then the term “Premises”, as used in this Lease, shall be deemed to include the Warehouse Space, except for Paragraphs 1.2, 1.3, 3.1, 5, 6, 10.B, 13.B, 13.C, 13.D, 13.E and 34.2.A.
B. Base Rent- Warehouse Space. Tenant’s obligation to pay Base Rent for the Warehouse Space shall commence on the Warehouse Commencement Date (as herein after defined) and the per rentable square foot Base Rent for such the Warehouse Space leased by Tenant shall be based upon the schedule attached to this Lease as Exhibit C-2. The “Warehouse Commencement Date” shall mean the later of (i) the Commencement Date and (ii) ninety (90) days after Landlord delivers possession of the Warehouse Space to Tenant. For purposes of example only, in the event that the Warehouse Commencement Date is the first day of the seventh (7th) month of the first Lease Year, then Base Rent for the twelve (12) month period following the Warehouse Commencement Date shall be as follows: Warehouse Commencement Date through the end of Lease Year 1: $7.20 per rentable square foot of the Warehouse Space per ...
Warehouse Space. Tenant shall lease the Warehouse Space l~ommencing on the Effective Date.
Warehouse Space. (i) Installation of 2 truck - level doors with levellers and seals (consistent with existing doors) in location to be agreed;
(ii) Remove block walls where indicated in Schedule "A" and ensure floor is In good shape, repair, properly sealed and consistent with the entire warehouse floor;
(iii) Demolish and remove finished showroom as indicated in Schedule"A" Demolished area shall be free and clear of any obstructions and shall be consistent with existing warehouse space. All walls shall be patched, repaired and painted and all doors entering the warehouse shall be in proper working order and in good repair;
(iv) Clean and repair washroom facilities located on west side of the Building (adjacent to truck-level shipping doors).
Warehouse Space. The Warehouse Space shall include approximately Eight Thousand Three Hundred and Eighty Four (8,384) square feet as shown on the Building Floor Plan (the “Warehouse Space”). The Warehouse Space shall be delivered in “as is” condition for use as warehouse space, including, but not limited to, storage.
Warehouse Space. In the event that Tenant exercised its right to expand into the Warehouse Space during the first Lease Year, Base Rent for the Warehouse Space, during the first twelve (12) consecutive months of the Option Term, if properly exercised pursuant to Paragraph 34.1 of this Lease, shall be equal to the annual Base Rent for the Warehouse Space for the twelve (12) month period immediately preceding the Option Term (excluding any Allowance amortization pursuant to Paragraph 13) increased by two and one-half percent (2.5%), and Base Rent for the Warehouse Space for each twelve (12) consecutive month period thereafter shall increase by two and one-half percent (2.5%), on a cumulative basis.
Warehouse Space. Prior to commencing operation of its Outlet, Retailer shall evidence to Kincaid tha▇ ▇▇ ▇▇s adequate warehouse space to house Product inventories of such kind and quantity as Kincaid sha▇▇ ▇▇▇▇rmine to be necessary for the proper operation of Retailer's Outlet. Retailer acknowledges that, over time, Retailer's need for warehouse space may increase and agrees to construct or otherwise obtain such additional warehouse space as Kincaid may ▇▇▇▇ ▇ime to time determine to be necessary in order for Retailer to carry adequate Product inventories to service its Outlet.
Warehouse Space. Year Rent 1 (first 7 months) No Rent 1 (months 8-12) $ 0.70 per sf 2 – 5 Previous year’s rent plus 3% as more particularly set forth in Section 4.1 Security Deposit: $50,000.00 Rent Escalations: See Monthly Base Rent (above).
Warehouse Space. 26 SECTION 8 TERMINATION........................................................................................... 26
Warehouse Space. During the Storage Term, Provider shall permit Brunswick to store the Inventory at one or more of the Distribution Facilities, as designated by Brunswick. Provider shall designate part of each of the Distribution Facilities as a storage area for the Inventory. Such designated storage areas shall be sufficient to satisfy Brunswick's storage requirements for the Inventory; however, not to exceed approximately (a) 125,000 square feet of storage space at York, (b) 70,000 square feet of storage space at Memphis, and (c) 80,000 square feet of storage space at Fairfield. Provider acknowledges possession, on behalf of and as agent of Brunswick, of the Inventory listed on Schedule 3.10 of the Purchase Agreement, adjusted as of the date hereof in accordance with Purchaser's physical inventory. Brunswick shall have the right to cause to be deposited with Provider additional Inventory to be stored and serviced in accordance with this Agreement during the Storage Term. Provider shall keep all Inventory in a neat and orderly condition, dry, protected from the elements and at a temperature set to maintain the Inventory in good condition. Brunswick shall cause the Inventory to be removed from the Distribution Facilities no later than the last day of the Storage Term.
Warehouse Space. Seller agrees to provide DM storage space during the Term at the Toppenish and Rochelle can manufacturing facilities and the Smithfiel▇ ▇▇▇▇▇▇y, and DM agrees to provide Seller storage space during the Term at DM's Crystal City, Stockton, Modesto, Kingsburg and Plover canneries, in e▇▇▇ ▇▇▇▇ (▇▇▇▇▇ ▇han Smithfield) consistent with DM's past practice and at prevailing market rates and so long as such facilities are owned by the respective party (or its affiliates). DM storage at Smithfield shall be provided at no cost to DM. The parties shall invoice each other monthly for any charges for use of any such storage space and shall make any required net payment for any Supply Year within 60 days after the end of such Supply Year.