Example ContractsClausesCondition of Existing Premises
Condition of Existing Premises
Condition of Existing Premises contract clause examples

Condition of Existing Premises. Tenant is in possession of the Existing Premises and accepts the Existing Premises in its “AS IS” “WHERE IScondition without any obligation for Landlord to undertake any work to the Existing Premises or the Building and without representations or warranties, express or implied, in fact or by law, of any kind, and without recourse to Landlord.

Condition of Existing Premises. Tenant is currently in possession of the Existing Premises and shall continue to accept and occupy the Existing Premises and the Buildings in their current "AS IS" condition as of the Effective Date without any agreements, representations, understandings or obligations on the part of Landlord to perform or pay for any alterations, repairs or improvements to the Existing Premises, except as otherwise expressly set forth in the Lease, as hereby amended.

Condition of Existing Premises. Tenant is in possession of the Existing Premises and accepts the same in its "AS IS" condition as of the Effective Date and the Second Extended Term Commencement Date without any agreements, representations, understandings or obligations on the part of the Landlord to perform or to pay for any alterations, repairs or improvements to the Existing Premises, Building or Project, except as otherwise expressly set forth in the Tenant Work attached hereto as [Exhibit B] (the "Tenant Work Letter"). Notwithstanding anything in the Lease, as hereby amended, to the contrary, with respect to the Existing Premises, the parties hereby acknowledge and agree as follows: # as of the Effective Date, Tenant has not used any of (and Landlord has not disbursed any of) the Refurbishment Allowance, as defined in and pursuant to Section 5.2 of the First Amendment; and # effective as of the Effective Date, # Section 5.2 of the First Amendment shall be deleted and of no further force or effect, # Landlord shall have no further obligations with respect to, and Tenant shall have no rights to, the Refurbishment Allowance, # the Refurbishment Allowance shall revert to Landlord, and # Landlord shall have no obligation to perform or to pay for any alterations, repairs or improvements to the Existing Premises thereunder.

Existing Premises. Notwithstanding anything to the contrary in the Lease as hereby amended, prior to May 1, 2023, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of the Lease. Commencing on May 1, 2023, and continuing throughout the Expansion Term, Tenant shall pay to Landlord monthly installments of Base Rent for the Existing Premises as follows:

Existing Premises. Tenant shall continue to pay Tenant's Share of Direct Expenses in connection with the Existing Premises in accordance with the terms of the Lease.

Existing Premises. Throughout the Lease Term (as extended pursuant to the terms of this Fifth Amendment) Tenant shall continue to pay Tenant's Share of Direct Expenses in connection with the Existing Premises in accordance with the terms of the Lease.

Existing Premises. Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of the Lease.

Existing Premises. Tenant shall continue to pay Tenant's Pro Rata Share of Operating Expenses in connection with the Existing Premises in accordance with the terms of the Lease.

Existing Premises. Notwithstanding anything to the contrary in the Lease Tenant shall continue to pay to Landlord monthly installments of Base Rent for the Existing Premises in accordance with the terms of the Lease.

Existing Premises. Tenant shall continue to pay Base Rent with respect to the Existing Premises as provided for under the Lease through March 31, 2021. Commencing on April 1, 2021, Tenant shall pay Base Rent for the Existing Premises in the amount of $34.00 per rentable square foot of the Existing Premises per year. Base Rent payable with respect to the Existing Premises shall increase on April 1, 2022, and on each April 1st thereafter through the Extended Expiration

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