Notwithstanding anything to the contrary contain herein, so long as Tenant is not in Default under this Lease, for the period commencing on the Commencement Date through the last day of the 30th full month after the Commencement Date (the Partial Abatement Period), Tenant shall only be required to pay Base Rent with respect to 11,000 rentable square feet of the Premises. Commencing on the first day of the 31st full month after the Commencement Date, Tenant shall commence paying Base Rent with respect to the entire Premises.
Notwithstanding anything to the contrary contained herein, during the Partial Abatement Period, so long as Tenant is not in Default under this Lease, other than with respect to Utilities (as defined in Section H) provided to the Premises which Tenant shall pay with respect to the entire Premises commencing on the Commencement Date, Tenant shall only be required to pay Operating Expenses (including the administration rent provided for below) with respect to 11,000 rentable square feet of the Premises (i.e., Tenant Share of Operating Expenses shall be equal to 19.63%). Commencing on the first day of the 31st month after the Commencement Date, Tenant shall commence paying Operating Expenses (including the administration rent) with respect to the entire Premises.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.