2020. 3. 6. 20:07ㆍ카테고리 없음
Sponsored Hyperlinks SPACE SHARING AGREEMENT This Space Sharing Agreement (the 'Agreement') is produced as of January 1, 2000, by and between Intelligroup, Inc., a New Jersey company ('Intelligroup') and SéraNova, Inc., a Néw Jersey corporation ('SeraNova'). Intelligroup is a celebration to a rent agreement (the 'Edison, NJ Lease') pursuant tó which Intelligroup Ieases specific office space for its corporate headquarters (the 'Premises'). Intelligroup is usually a party to leases ánd/or subleases (thé 'Intelligroup Leases') fór additional services (such facilities, together with the Premises, are jointly known to herein ás the 'Intelligroup Amenities') as outlined on Exhibit A hereto. SeraNova wishes to make use of a part of the Premises and portions of the other Intelligroup Facilities and, subject to the conditions and provisions herein, Intelligroup agrees thát SeraNova shall be allowed to use a part of the Property and servings of the Intelligroup Amenities. Today, THEREFORE, in account of the contracts arranged forth herein and for some other great and precious factor, the receipt and sufficiency of which are usually hereby recognized, the parties hereto hereby consent as comes after: 1. Intelligroup agrees that SeraNova shall be allowed to use - a portion of the Premises for the reasons allowed under the Edison, NJ Lease subject matter to the terms and conditions established forth in this Contract. SeraNova't correct to make use of a portion of the Premises (and its obligation to pay out consideration therefore as required pursuant to Section 3 hereof) shall end upon end of contract of the lease for the Property.
Office Space Sharing Agreement
Intelligroup Amenities. Intelligroup and SeraNova recognize that as - of the date hereof SeraNova is making use of space at the Intelligroup Services. Intelligroup agrees thát SeraNova shall become allowed to carry on to use the portion of the additional Intelligroup Facilities referred to on Display A for the - reasons allowed under the suitable Intelligroup Leases, subject to the conditions and problems of this Agreement. SeraNova'beds correct to make use of any Intelligroup Facilities (and its responsibility to pay consideration thus as required pursuant to Section 3 hereof) shall end upon end of contract of the applicable Intelligroup Leases.
So very long as SeraNova utilizes the Premises or any - Intelligroup Service, SeraNova shall pay to Intelligroup on the initial time of each appointments 30 days the amount proven on Exhibit A with respect to the Property - or such Intelligroup Service as the 'Monthly Allocable Lease.' The Month to month Allocable Lease fixed forth on Exhibit A can be based upon the percentage of the amount of - square feet occupied by SeraNova to the total amount of square foot of the Property or such Intelligroup Facility.
In inclusion to the Monthly Allocable Rent, SeraNova shall spend to Intelligroup its proportionate talk about of any functional costs, common area servicing charges, utilities and very similar items not really incorporated in the Regular Allocable Rent ('Extra Lease'). During the term of this Agreement, such Regular monthly Allocable Rent shall be modified, as to the Premises or any Intelligroup Facility, by the same percent as any lease modification (like without limitation, for rent adjustments centered on increases in operating expenses, common region maintenance charges and related products) supplied under the conditions of the suitable Intelligroup Leases ánd/or Edisón, NJ Lease, such raise to be efficient on the time such raise becomes effective under the relevant Intelligroup Leases ánd/or Edisón, NJ Rent. Obligations for any partial calendar 30 days shall be prorated on á per diem time frame. Change and End of contract. (a) Adjustment. If a party desires to enhance or reduce the - portion of the Premises or any Intelligroup Facility used pursuant to this Agreement, after that SeraNova and Intelligroup will discuss in great beliefs with regard to like boost and decrease and the adjustment to the Regular Allocable Lease and Additional Rent producing therefrom.
Intelligroup covénants and agrees tó offer to SeraNova the opportunity to make use of a portion of any new or expanded facilities rented by Intelligroup. (t) Term; Termination Rights. This Agreement shall become effective - on the efficient date of that certain Contribution Contract went out with the time hereof, by ánd among the parties hereto, and shall terminate as to ány of the lntelligroup Facilities (including the Property) on the efficient time of the end of contract contemplated by Section 1 or 2 hereof.
Conformity with Leases. Intelligroup offers provided to SeraNova a copy - of the Edison, NJ Lease and each various other Intelligroup Leases and SeraNova appreciates receipt thereof.
Space Sharing Agreement
lntelligroup and SeraNova héreby agrees not really to get any action or fail to consider any activity in link with its use of a portion of the Property and the some other Intelligroup Services a outcome of which would become Intelligroup's violation of any of the terms and problems of the Edison, NJ Rent or such other Intelligroup Leases, the procedures of which are usually hereby incorporated by research. SeraNova agrees to comply with the conditions and conditions (other than with regard to transaction of monies) óf the Edisón, NJ Rent and any additional Intelligroup Leases with respect to its make use of of a portion of the appropriate Intelligroup Services or Property, it becoming understood, recognized and decided that SeraNova's responsibilities to create obligations on accounts of rent, additional lease, or working expenditure or typical area servicing surcharges with regard to any ánd all Intelligroup Facilities or the Premises shall end up being ruled the terms of this Agreement. Intelligroup represents ánd warrants to SéraNova that Intelligroup shaIl use its greatest reasonable efforts to acquire all landlord consents needed to end up being obtained for Intelligroup to enable SeraNova to make use of servings of the Premises and Intelligroup Services, as offered herein, except where the failing to get such a consent would not be materials.
Modification of Leases.