Example ContractsClausesDefinition of Premises
Definition of Premises
Definition of Premises contract clause examples

Definition of ROFO Premises. The “ROFO Premises” shall be defined as any leasable space in the Building, when such area becomes available for lease, as hereinafter defined, during the Term of this Lease. For the purposes of this Section 26.2, the ROFO Premises shall be deemed to be “available for lease” if, during the Term of this Lease, Landlord, in its sole judgment, determines that such area will become available for leasing to Tenant (i.e. when Landlord determines that the then current tenant of such ROFO Premises will vacate such ROFO Premises, and all Superior Rights (as hereinafter defined) with respect to such ROFO Premises have either lapsed unexercised or have been irrevocably waived by the current tenant of such ROFO Premises, and when Landlord intends to offer such area for lease). “Superior Rights” shall be defined as # the currently enforceable right of the existing tenant of the ROFO Premises, and # the right of Landlord to enter into an agreement with any existing tenant or occupant of the ROFO Premises, or the applicable portion thereof, renewing or extending such lease or occupancy agreement.

Definition of Expansion Premises. The “Expansion Premises” shall mean an area consisting of between 25,000 and 30,000 rentable square feet, which would be constructed as a standalone structure adjacent to the Building, the approximately location of which is shown on the plan attached hereto as Exhibit 5-2. Landlord and Tenant agree that the actual rentable square footage of the Expansion Premises shall be determined in accordance with Exhibit 5.

Definition of Premises. Commencing on January 1, 2020, the defined term “Premises” set forth in [Section 6.1] of the Summary of Basic Lease Information is hereby deleted in its entirety and replaced with the following:

Definition of Premises. Commencing on the Seventh Expansion Premises Commencement Date, the defined term “Premises” on Page 1 of the Lease is deleted in its entirety and replaced with the following:

Definition of Premises. Commencing February 1, 2020, the defined terms “Premises” and “Rentable Area of Premises” on Page 1 of the Lease, respectively, are deleted in their entirety and replaced with the following

Definition of Premises. Commencing on the Second Expansion Space Termination Date, the defined term “Premises” in [Section 2.2] of the Summary of Basic Lease Information is deleted in its entirety and replaced with the following:

As of the First Reduction Surrender Date, the defined term “Premises” in [Article 2 of Exhibit 1], Sheet 1 of the Lease shall be amended to remove the First Reduction Premises, and the rentable square footage of the Premises shall be accordingly reduced by approximately 5,687 rentable square feet and shall thereafter, through the Reduction Date, consist of approximately 130,372 rentable square feet. Notwithstanding anything to the contrary contained in the Fifth Amendment, Landlord and Tenant hereby agree that on the Reduction Date, the square footage of the Premises shall be reduced by an additional approximately 23,784 rentable square feet (as identified in the Fifth Amendment, as amended by the Seventh Amendment) and shall thereafter until the Second Reduction Surrender Date consist of approximately 106,588 rentable square feet.

Definition of Premises. Commencing on the Second Expansion Space Commencement Date, the defined term “Premises” in Section 2.2 of the Summary of Basic Lease Information is deleted in its entirety and replaced with the following:

Landlord hereby represents that there are no superior rights to any of the RFO Premises (as such term is hereinafter amended) as of the date of this Second Amendment.

Definition of Premises. Commencing on the day immediately following the Surrender Date, the defined terms “Premises” and “Rentable Area of Premises” on Page 1 of the Lease, respectively, are deleted in their entirety and replaced with the following:

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