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Document Preview Office Lease |
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Title: |
Office Lease |
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Entities: |
Portland Metropolitan Association of Building Owners & Managers; Pioneer Square Associates, L.L.C.; e.g. Software, Inc.; Webtrends Corp. |
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Date: |
1999 |
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Size: |
Preview shows 3KB of 75KB total |
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Price: |
$41 |
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ID: |
#140098 |
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Standard Form of OFFICE BUILDING LEASE Developed by PORTLAND METROPOLITAN
ASSOCIATION OF BUILDING OWNERS AND MANAGERS
OFFICE LEASE
This lease, made and entered into at Portland, Oregon, this 22ND day of MAY 1997
by and between
LANDLORD: PIONEER SQUARE ASSOCIATES, L.L.C.,
A DELAWARE LIMITED LIABILITY COMPANY
and
TENANT: e.g. SOFTWARE, INC.
Landlord hereby leases to Tenant the following: Suite 1300
AS MORE FULLY DESCRIBED ON Exhibit "B"
(the Premises)
in THE AMERICAN BANK BUILDING (the Building)
621 SW MORRISON STREET
at PORTLAND Oregon, containing approximately 10,690 USEABLE
square feet as shown on the attached floor plan, calculated using a load factor
of 0 percent.
Tenant's Proportion Share for purposes of Section 19 shall be 7.42%.
This lease is for a term commencing OCTOBER 1, 1997 and continuing through
SEPT 30, 2003 at a
Monthly Base Rental as follows:
YEAR 1: $14.50 PER SQ. FT. YEAR 5: $16.50 PER SQ. FT.
YEAR 2: $15.00 PER SQ. FT. YEAR 6: $17.00 PER SQ. FT.
YEAR 3: $15.50 PER SQ. FT.
YEAR 4: $16.00 PER SQ. FT.
Rent is payable in advance on the FIRST day of each month commencing OCTOBER 1,
1997.
Landlord and Tenant covenant and agree as follows:
1.1 Delivery of Possession.
Should Landlord be unable to deliver possession of the Premises on the
date fixed for the commencement of the term, commencement will be
deferred and Tenant shall owe no rent until notice from Landlord
tendering possession to Tenant. If possession is not so tendered within
90 days following commencement of the term, then Tenant may elect to
cancel this lease by notice to Landlord within 10 days following
expiration of the 90-day period. Landlord shall have no liability to
Tenant for delay in delivering possession, nor shall such delay extend
the term of this lease in any manner unless the parties execute a
written extension agreement.
2.1 Rent Payment.
Tenant shall pay the Base Rent for the Premises and any additional rent
provided herein without deduction or offset. Rent for any partial month
during the lease term shall be prorated to reflect the number of days
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