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Document Preview Lease Modification Agreement |
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Title: |
Lease Modification Agreement |
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Entities: |
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Date: |
2007 |
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Size: |
9KB total |
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Price: |
$32 |
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ID: |
#3211198 |
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LEASE MODIFICATION AGREEMENT
THIS LEASE MODIFICATION AGREEMENT, made this 27th day of November, 2006 by and between HARTZ MOUNTAIN METROPOLITAN, a New Jersey general partnership, having an office at 400 Plaza Drive, P.O. Box 1515, Secaucus, New Jersey 07096-1515 (hereinafter referred to as ?Landlord?) and THE CHILDREN?S PLACE SERVICES COMPANY, LLC, a Delaware limited liability company, having an office at 2 Emerson Lane, Secaucus, New Jersey (hereinafter referred to as ?Tenant?).
WITNESSETH:
WHEREAS, by Lease dated May 3, 2006, Landlord leased to Tenant and Tenant hired from Landlord 245,200 square feet of Floor Space located at 2 Emerson Lane, Secaucus, New Jersey (hereinafter the ?Original Demised Premises?); and
WHEREAS, Landlord and Tenant wish to modify the Lease to, inter alia, increase the Floor Space leased by Tenant at 2 Emerson Lane, Secaucus, New Jersey, and amend the Lease accordingly;
NOW, THEREFORE, for and in consideration of the Lease, the mutual covenants herein contained and the consideration set forth herein, the parties agree as follows:
1. Preamble. The foregoing preambles are hereby incorporated by reference herein and made a part hereof.
2. Additional Premises: Landlord agrees to lease to Tenant and Tenant agrees to hire from Landlord the Additional Premises, which Additional Premises constitute 37,974 square feet of Floor Space, and which Additional Premises are outlined in red on Exhibit A annexed hereto and made apart hereof. Effective upon the Commencement Date of the Additional Premises (defined below), the ?Demised Premises,? as that term is used throughout the Lease, shall be deemed to include both the Original Demised Premises and the Additional Premises and shall constitute a total of 283,174 square feet of Floor Space.
3. Term of Lease of Additional Premises: The Term of the Lease of the Additional Premises shall commence on January 1, 2008 (the ?Additional Premises Commencement Date?) and shall expire on the Expiration Date set forth in Article 1.01 M. of the Lease.
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