First Additional Premises definition
Examples of First Additional Premises in a sentence
Landlord and Tenant are entering into this instrument to set forth said leasing of the First Additional Premises to extend the Term of the Lease and to amend the Lease.
Landlord and Tenant are entering into this instrument to set forth said leasing of the First Additional Premises and to amend the Lease.
Notwithstanding the foregoing to the contrary, upon the full execution of this Third Amendment by Landlord and Tenant, and until the First Additional Premises Commencement Date, Tenant shall have the right to occupy the First Additional Premises, subject to all of the provisions of this Lease excepting only those requiring the payment of Rent respecting the First Additional Premises.
Landlord and Tenant mutually agree on the rentable square feet of the First Additional Premises and the Building and the same shall not be subject to adjustment or re-measurement.
Section IQ of the Original Lease, and paragraph 3b of the Second Amendment are hereby amended by adding the following: On and after the First Additional Premises Commencement Date, Tenant's Proportionate Share of Common Operating Costs shall be 100%.
As of the First Additional Premises Commencement Date, Tenant shall have the exclusive use of the entire Building, including its parking lot, and Tenant shall have no obligation to pay rent for the use of the spaces in such lot.
Except as otherwise provided in this Third Amendment, the First Additional Premises shall be leased by Tenant on the same terms and conditions as are applicable from time to time to the Existing Premises.
The description of the term set forth in the Existing Lease is hereby amended by adding the following: The term of this Lease with respect to the First Additional Premises shall commence on October 1, 1998 (the "First Additional Premises Commencement Date"), shall run concurrently with the remaining term of the Existing Lease, and shall terminate on February 13, 2007.
Landlord, however, agrees to deliver the First Additional Premises in broom clean condition free of all debris and personal property and free of all tenants and parties in possession.
From and after the First Additional Premises Delivery Date, the “Premises” as used and defined in the Lease shall be the Original Premises and the First Additional Premises.