(b) The Lease term shall be approximately 120 months, commencing on the Commencement Date and ending at 5:00 p.m. The Proportionate Share shall be adjusted if the size of the Premises or the Building (including the addition of new buildings on the Land, or the reduction in the size of theīuilding if a portion thereof is demolished following a Casualty or a Taking ) changes.
Landlord and Tenant stipulate that, as of the date of this Lease, the size of the Premises is 58,380 square feet and the size of the Building is 58,380 square feet, and Shall be referred to herein as the Project. Lease, together with the non-exclusive right to use the Common Areas (defined below) and, while Tenant is leasing 100% of the rentable square feet of the Building, the exclusive right to use all such Land and Common Areas. Land), and the Tank Site, as defined in Section 34 below (the Building Premises and the Tank Site being collectively referred to herein as the Premises) subject to the terms and conditions in this (a) Landlord leases to Tenant, and Tenant leases from Landlord, the space depicted on the floor planĪttached as Exhibit A-I (the Building Premises), which is an approximately 58,380 square foot building (the Building) located on the real property described on Exhibit A (the PREMISES, TERM, AND INITIAL IMPROVEMENTS. L.P., a Texas limited partnership ( Landlord), and ATX TECHNOLOGIES, INC., a Texas corporation ( Tenant).ġ. This Lease Agreement (this Lease) is entered into as of Augbetween FREEPORT #2, LIABILITY, INDEMNIFICATION, WAIVER OF SUBROGATION AND NEGLIGENCE TENANTS MAINTENANCE AND REPAIR OBLIGATIONS
BASE RENT, SECURITY DEPOSIT AND ADDITIONAL RENT
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