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Title: |
Lease Agreement [Form] |
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Entities: |
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Date: |
2000 |
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Size: |
Preview shows 14KB of 102KB total |
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Price: |
$49 |
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ID: |
#359719 |
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FORM OF
LEASE AGREEMENT
Between
NATIONAL DATA CORPORATION,
a Delaware corporation,
as Landlord
And
GLOBAL PAYMENTS INC.,
a Georgia corporation,
as Tenant
Dated: ______________________, 2000
{PAGE}
TABLE OF CONTENTS
LEASE AGREEMENT
{TABLE}
{CAPTION}
No. Description Page
--- ----------- ----
{S} {C}
1. Premises....................................................... 1
2. Lease Term..................................................... 1
3. Base Rent...................................................... 1
4. Rent Payment................................................... 2
5. Late Charge.................................................... 2
6. Partial Payment................................................ 2
7. Construction of this Agreement................................. 2
8. Use of Premises................................................ 2
9. Definitions.................................................... 3
10. Repairs By Landlord............................................ 3
11. Repairs By Tenant.............................................. 3
12. Alterations and Improvements................................... 4
13. Gross Nature of Lease.......................................... 4
14. Intentionally Omitted.......................................... 4
15. Acceptance and Waiver.......................................... 4
16. Signs.......................................................... 4
17. Advertising.................................................... 5
18. Removal of Fixtures............................................ 5
19. Entering Premises.............................................. 5
20. Services....................................................... 5
21. Indemnities.................................................... 7
22. Tenant's Insurance; Waivers.................................... 7
23. Governmental Requirements...................................... 9
24. Intentionally Omitted.......................................... 9
25. Assignment and Subletting...................................... 10
26. Default........................................................ 10
27. Landlord Default/Tenant Remedies............................... 12
28. Destruction or Damage.......................................... 12
29. Eminent Domain................................................. 12
30. Service of Process............................................. 13
31. Mortgagee's Rights............................................. 13
32. Tenant's Estoppel.............................................. 14
33. Attorney's Fees and Homestead.................................. 14
34. Parking........................................................ 14
35. Intentionally Omitted.......................................... 15
36. Waste Disposal................................................. 15
37. Surrender of Premises.......................................... 15
38. Cleaning Premises.............................................. 15
39. No Estate In Land.............................................. 15
40. Cumulative Rights.............................................. 16
{/TABLE}
{PAGE}
{TABLE}
{S} {C}
41. Paragraph Titles; Severability................................. 16
43. Holding Over................................................... 16
45. Building Allowance and Tenant Finishes......................... 16
46. Rules and Regulations.......................................... 17
47. Quiet Enjoyment................................................ 17
48. Entire Agreement............................................... 17
49. Limitation of Liability........................................ 17
50. Submission of Agreement........................................ 17
51. Authority...................................................... 17
53. Broker Disclosure.............................................. 18
54. Notices........................................................ 18
55. Force Majeure.................................................. 18
56. Special Stipulations........................................... 18
{/TABLE}
-ii-
{PAGE}
BASIC LEASE PROVISIONS
----------------------
The following is a summary of some of the Basic Provisions of the Lease. In
the event of any conflict between the terms of these Basic Lease Provisions and
the referenced Sections of the Lease, the referenced Sections of the Lease shall
control.
1. Building (See Section 1): Building I
1564 Northeast Expressway
Atlanta, Georgia 30329
Project (See Section 1): National Data Plaza
2. Premises (See Section 1):
Floors: Lobby, 1st, 2nd, 3rd and 4th floors
[but excluding the mail and telecom
rooms, as well as the loading dock
area, which shall constitute Common
Area (as defined in Section 1
hereof)]
Rentable Square Feet: Approximately 85,188 rentable
square feet in Building I, and an
allocation of 2,520 rentable square
feet in Building II of National
Data Plaza attributable to 1st
floor conference room space which
Tenant shall have the non-exclusive
right to use pursuant to Section 1
hereof, for a total of 87,708
rentable square feet.
3. Term (See Section 2): 3 years
4. Base Rent (See Sections 2 and 3):
Rate Per Rentable Monthly
Lease Year Square Foot of Premises Installment
---------- ----------------------- -----------
1 $19.65 $143,621.85
2 $20.25 $148,007.25
3 $20.85 $152,392.65
5. Tenant's Share (See Section 13): 96.8% as to the Building
2.1% as to Building II
6. Notice Address (See Section 54)
-iii-
{PAGE}
LEASE AGREEMENT
THIS LEASE AGREEMENT (hereinafter called the "Lease") is made and entered
into this ____ day of _____________________, 2000, by and between NATIONAL DATA
CORPORATION, a Delaware corporation (hereinafter called "Landlord"); and GLOBAL
PAYMENTS INC., a Georgia corporation (hereinafter called "Tenant").
1. Premises. Landlord does hereby rent and lease to Tenant and Tenant does
--------
hereby rent and lease from Landlord, for the purposes set forth in Section 8
hereof, the following described space (hereinafter called the "Premises"):
85,188 rentable square feet of space comprising the lobby and the 1st, 2nd, 3rd
and 4th floors of a 5-story building commonly known as Building I of National
Data Plaza (the "Building") [but excluding those portions thereof that are to
constitute Common Area pursuant to Paragraph 2 of the Basic Lease Provisions]
located on the real property described in Exhibit "A" attached hereto (the
----------
"Property"). The Building comprises part of a 2 building office complex
currently known as National Data Plaza (together with any and all improvements
now or hereafter located thereon and together with any additional land and/or
buildings which Landlord hereinafter acquires and makes a part of such office
complex, the "Project"). The Premises shall be prepared for Tenant's occupancy
in the manner and subject to the provisions of Exhibit "B" attached hereto and
----------
made a part of hereof. Landlord and Tenant agree that the number of rentable
square feet described above has been confirmed and conclusively agreed upon by
the parties. Tenant shall also have the non-exclusive right, in common with
other tenants of the Project, to use all parking lots, sidewalks, entranceways,
roadways and other such Common Areas and facilities as are located from time to
time on the Property and intended for the use and enjoyment of such tenants and
their respective employees, guests and invitees (the "Common Area") [which right
shall include, without limitation, the non-exclusive right to use, without
additional charge, (i) the cafeteria to be located on the first (1st) floor of
Building II of National Data Plaza ("Building II"), and the conference rooms on
the 1st floor of said Building II on a first come, first served basis, as
scheduled through Landlord's scheduling coordinator who shall be designated by
Landlord to Tenant from time to time, and the base rent payable by Tenant with
respect to the rentable square feet in Building II allocated to Tenant pursuant
to Paragraph 2 of the Basic Lease Provisions is intended to and shall constitute
the sole and exclusive compensation from Tenant to Landlord for the use of such
cafeteria and Building II conference room space by Tenant].
2. Lease Term. Tenant shall have and hold the Premises for a term ("Term")
----------
commencing on ________, 2000 (the "Commencement Date"), and ending at midnight
on the third (3rd) anniversary of (i) the day immediately preceding the
Commencement Date, if the Commencement Date is the first day of a calendar
month, or (ii) the day immediately preceding the first day of the first full
calendar month following the Commencement Date, if the Commencement Date is not
the first day of a calendar month (the "Expiration Date"), unless sooner
terminated or extended as hereinafter provided. Promptly following the
Commencement Date, Landlord and Tenant shall, upon the request of either party,
enter into a letter agreement in the form attached hereto as Exhibit "C",
----------
specifying the Commencement Date, the Expiration Date, the exact number of
rentable square feet contained within the Premises and the exact amount of Base
Rent payable hereunder for the first Lease Year (as defined in Section 4 below).
3. Base Rent. Tenant shall pay to Landlord, at NDC Real Estate Department,
---------
National Data Plaza, Building II, Atlanta, Georgia 30329, Attn: Director of
Real Estate, or at such other place as Landlord shall designate in writing to
Tenant, annual base rent ("Base Rent")
{PAGE}
in the amounts set forth in the Basic Lease Provisions. The term "Lease Year",
as used in the Basic Lease Provisions and throughout this Lease, shall mean each
and every consecutive twelve (12) month period during the Term of this Lease,
with the first such twelve (12) month period commencing on the Commencement
Date; provided, however, if the Commencement Date occurs other than on the first
day of a calendar month, the first Lease Year shall be that partial month plus
the first full twelve (12) full calendar months thereafter.
4. Rent Payment. The Base Rent for each Lease Year shall be payable in
------------
equal monthly installments, due on the first day of each calendar month, in
advance, in legal tender of the United States of America, without abatement,
demand, deduction or offset whatsoever, except as may be expressly provided in
this Lease. One full monthly installment of Base Rent shall be due and payable
on the date of execution of this Lease by Tenant for the first month's Base Rent
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