Expansion Space B definition
Examples of Expansion Space B in a sentence
The term of the Lease for Expansion Space B (the “Expansion B Term”) shall commence on the Expansion B Effective Date and, unless sooner terminated in accordance with the Lease, end on the Second Extended Expiration Date (defined in Section 3 below).
Notwithstanding any provision of the Existing Lease to the contrary, on and after the ESBCD, with respect to Expansion Space B, Tenant shall have the right to use, at no additional charge, an additional eighty‑six (86) unreserved, surface parking spaces.
Tenant shall utilize the Space B HVAC Allowance solely for the purchase, installation and replacement of the HVAC units serving Expansion Space B (the “Space B HVAC Improvements”).
The Rental Rate for Expansion Space B is $28.50 per rentable square foot per annum.
Landlord shall not have any liability to Tenant for any claims resulting from Tenant’s failure to lock off and install and maintain a security system at the entrance to the Premises (including Expansion Space A, Expansion Space B, Expansion Space C and Expansion Space D).
In no event shall the Expansion Space B Allowance and the Space B HVAC Allowance be used to reimburse for any costs of designing, procuring or installing in Expansion Space B any Personal Property, and the cost of such Personal Property shall be paid by Tenant.
Except as set forth below: (i) Landlord shall deliver Expansion Space B to Tenant in its AS IS condition, without any express or implied representations or warranties of any kind by Landlord, its brokers, manager or agents, or the employees of any of them regarding Expansion Space B; and (ii) Landlord shall not have any obligation to construct or install any tenant improvements or alterations or to pay for any such construction or installation.
With respect to Expansion Space B during the Expansion B Term, Tenant’s Share shall be 9.9008%.
Except for Expansion Space B Defects stated in such notice, Tenant shall be conclusively deemed to have accepted Expansion Space B “AS IS” in the condition existing on the date Tenant first takes possession, and to have waived all claims relating to the condition of Expansion Space B.
With respect to the Expansion Space B during the Expansion B Term, the schedule of Base Rent shall be as follows: Expansion B Effective Date through 8/31/13 $ 38.40 $ 3.20 $ 37,670.40 9/1/13 - 8/31/14 $ 39.55 $ 3.30 $ 38,798.55 9/1/14 - 8/31/15 $ 40.74 $ 3.40 $ 39,965.94 9/1/15 - 8/31/16 $ 41.96 $ 3.50 $ 41.162.76 All such Base Rent shall be payable by Tenant in accordance with the terms of the Lease.