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Landlord reserves the right to grant easements and access rights Sunnyvale lady date finder others for use of the parking areas on the Property, provided that such grants do not materially interfere with Tenant's use of the parking areas. If any rent remains delinquent for a period in excess of 10 calendar days, then, in addition to such late charge, Tenant shall pay to Landlord interest on any rent that is not so paid from said tenth day at the then maximum rate of interest not prohibited or made usurious by Law until paid. Immediately prior to the expiration or upon the sooner termination of this Lease, Tenant shall remove all of Tenant's s from the exterior of the Building and shall remove all of Tenant's equipment, trade fixtures, furniture, supplies, wall decorations and other personal property from within the Leased Premises, the Building and the Outside Areas, and shall vacate and surrender the Leased Premises, the Building, the Outside Areas and the Property to Landlord in the same condition, broom clean, as existed at the Lease Commencement Date, damage by casualty or condemnation which events shall be governed by Articles 10 and 11 and reasonable wear and tear excepted.

Other than business identification s allowed pursuant to this Section 4. In the event i Tenant becomes a publicly traded company and ii Tenant reports net profits for three 3 consecutive quarters as shown on its quarterly financial statements prepared in accordance with generally accepted ing principlesand provided that Tenant is not then in default and has never been in default beyond any applicable notice and cure periods in its payment of Base Monthly Rent or Additional Rent, the Security Deposit shall be returned to Tenant and thereafter no Security Deposit will be required.

Tenant shall not place any lo upon the floors, walls, ceiling or roof systems which could endanger the structural integrity of the Building or damage its floors, foundations or supporting structural components. Tenant shall receive a proportionate share of any refund applicable to the Lease Term based on the amount of Real Property Taxes paid by Tenant as Tenant's Property Share if the refund is applicable to the land or Tenant's Expense Share if the refund is applicable to the Building or other improvements in the Outside Areas.

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Tenant may not terminate this Lease at any time after the date Landlord notifies Tenant that the Leased Premises have been put into the agreed condition and are available for delivery to Tenant, unless Landlord's notice is not given in good faith. Landlord may use the Security Deposit in Landlord's ordinary business and shall not be required to segregate it from Landlord's general s.

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Notwithstanding the foregoing, in lieu Sunnyvale lady date finder a cash Security Deposit, Tenant may deliver to Landlord a clean, unconditional, irrevocable, transferable letter of credit in the full amount of the Security Deposit required pursuant to Article 1 hereof the "Letter of Credit" in form and issued by a financial institution "Issuer" satisfactory to Landlord in its sole discretion, substantially in the form attached as Exhibit E.

The Letter of Credit shall permit partial draws, and provide that draws thereunder will be honored upon receipt by Issuer of a written statement ed by Landlord or its authorized agent stating that Landlord is entitled to draw down on the Letter of Credit pursuant to the terms of the Lease. Commencing on the Lease Commencement Date as determined pursuant to Paragraph 2.

Tenant shall be entitled to use the Leased Premises solely for the "Permitted Use" as set forth in Article 1 and for no other purpose whatsoever. Tenant shall, within ten 10 days following execution of this Lease, pay to Landlord the amount set forth in Article 1 as "First Month's Prepaid Rent" as prepayment of rent for credit against the first payment of Base Monthly Rent due hereunder. The Letter of Credit shall have an expiration period of one 1 year but shall automatically renew by its terms unless affirmatively cancelled by either Issuer or Tenant, in which case Issuer must provide Landlord 30 days' prior written notice of such expiration or cancellation.

Landlord reserves the right to change from time to time the methods of billing Tenant for any given expense or group of expenses or the periodic basis on which such expenses are billed. Landlord may remove any s which have not been approved in writing by Landlordadvertisements, banners, placards or pictures so placed by Tenant on or within the Leased Premises, the exterior of the Building, the Outside Areas or the Property and charge to Tenant the cost of such removal, together with any costs incurred by Landlord to repair any damage caused thereby, including any cost incurred to restore the surface upon which such was so affixed to its original condition.

Sunnyvale lady date finder term of this Lease shall in all events end on the Lease Expiration Date as set forth in Article 1. Tenant agrees to assume responsibility for compliance by its employees and invitees with the parking provisions contained herein.

Tenant shall not do or permit anything to be done in or about the Leased Premises, the Building, the Outside Areas or the Property which does or could i jeopardize the structural integrity of the Building or ii cause damage to any part of the Leased Premises, the Building, the Outside Areas or the Property.

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Building: That certain building on the Property in which the Leased Premises are located Sunnyvale lady date finder known as Mathilda Avenue the "Building"which Building is shown outlined on 1 3 Exhibit "A" hereto deated as Building B. The other building on the Property located at Mathilda Avenue is referred to herein as the " Building. All such trash, garbage and waste temporarily stored in such areas shall be stored in such a manner so that it is not visible from outside of such areas, and Tenant shall cause such trash, garbage and waste to be regularly removed from the Property.

In this regard, Tenant hereby waives any restriction on the uses to which the Security Deposit may be applied as contained in Section In the event the Security Deposit or any portion thereof is so used, Tenant shall pay to Landlord, promptly upon demand, an amount in cash sufficient to restore the Security Deposit to the full original sum or shall replenish the letter of credit, if applicable. Except as specifically provided otherwise in this Lease, all rent shall be paid in lawful money of the United States, without any abatement, reduction or offset for any reason whatsoever, to Landlord at such address as Landlord may deate from time to time.

Tenant may cause an audit of Landlord's books and records to determine the accuracy of Landlord's billings for Property Operating Expenses under this Lease, provided Tenant commences such audit within sixty 60 days after Tenant's receipt of the year-end statement described in Section 3. Tenant shall indemnify Landlord against loss or liability resulting from delay by Tenant in surrendering the Leased Premises, including, without limitation, any claims made by any succeeding Tenant or any losses to Landlord with respect to lost opportunities to lease to succeeding tenants.

Tenant acknowledges that the late payment by Tenant of any monthly installment of Base Monthly Rent or any Additional Rent will cause Landlord to incur certain costs and expenses not contemplated under this Lease, the exact amounts of which are extremely difficult or impractical to fix. Any protest or contest conducted by Tenant under this paragraph shall be at Tenant's expense and if interest or late charges become payable as a result of such contest or protest, Tenant shall pay the same.

Notwithstanding anything to the contrary contained herein, Tenant shall remove all of Tenant's s, repair any damage caused thereby, and restore the surface upon which the was affixed to its original condition, all to Landlord's reasonable satisfaction, upon the termination of this Lease. If such audit reveals that the actual Property Operating Expenses for any given year were less than the amount that Tenant paid for Property Operating Expenses for any such year, then Landlord shall pay Sunnyvale lady date finder Tenant the excess.

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If Landlord is unable to deliver possession of the Leased Premises in the agreed condition to Tenant within sixty 60 days after the expiration of the Delivery Grace Period including any extension thereof by reason of Force Majeure or the actions or inactions of TenantTenant may choose, as its sole remedy, to terminate this Lease, and in the event of such termination Landlord shall not be liable in damages to Tenant for any delay. If Landlord shall have elected to bill Tenant for the Property Operating Expenses or any group of such expenses on an estimated basis in accordance with the provisions of Paragraph 3.

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Subject to Landlord's prior written consent, 7 9 which shall not be unreasonably withheld, and subject to approval by the City of Sunnyvale of the installation of no less than two 2 monument s for the Property, Tenant shall have the right to its own business identification monument on the Property, in a location which indicates that such belongs to the Building or, if Tenant occupies all buildings on the Property, Tenant shall have the exclusive right to all such monument sto be installed by Landlord at its sole cost and expense.

Such costs and expenses will include without limitation, administration and collection costs and processing and ing expenses. It Sunnyvale lady date finder agreed that by occupying the Leased Premises, Tenant formally accepts same and acknowledges that the Leased Premises are in the condition called for hereunder, subject to reasonable punchlist items and latent defects specified by Tenant to Landlord in writing within ten 10 days of such occupancy.

Tenant shall not commit nor permit to be committed any waste in or about the Leased Premises, the Building, the Outside Areas or the Property. Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Leased Premises, the Building and the Outside Areas to the required condition, together with interest on all costs so incurred from the date paid by Landlord at the then maximum rate of interest not prohibited or made usurious by law until paid.

If Landlord is unable to deliver possession of the Leased Premises in the agreed condition to Tenant within the Delivery Grace Period including any extension thereof by reason of Force Majeure or the actions or inactions of Tenantthen Tenant shall receive as its sole remedy a credit of two 2 days of free rent for each day that the Leased Premises are not delivered to Tenant after expiration of the Delivery Grace Period including any extension thereof by reason of Force Majeure or the actions or inactions of Tenantwhich free rent shall apply to the first month in which Base Monthly Rent is due.

If Tenant shall have paid more than its obligation for such expenses for the stated period, Landlord shall, at its election, either i credit the amount of such overpayment toward the next ensuing payment or payments of Additional Rent that would Sunnyvale lady date finder be due or ii refund in cash to Tenant the amount of such overpayment within thirty 30 days after it has been conclusively determined by Landlord that an overpayment has been made by Tenant.

Tenant shall pay to Landlord the amount of all costs so incurred plus such interest thereon, within ten 10 days of Landlord's billing Tenant for same.

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Tenant may occupy the Leased Premises commencing on the Delivery Date for the Permitted Use, and for purposes of installing furniture, fixtures and equipment, provided that Tenant shall be responsible for Additional Rent during such period and Tenant shall comply with all other provisions of this Lease other than the payment of Base Monthly Rent.

If the Tenant fails to renew or replace the Letter of Credit as required under this Lease at least thirty 30 days before its stated expiration date, Landlord may draw upon the entire amount of the Letter of Credit, provided that if Landlord so draws on the Letter of Credit, so long as Tenant is not otherwise in default, Landlord Sunnyvale lady date finder deliver the amount so drawn to Tenant upon Tenant's delivery to Landlord of a new Letter of Credit in the amount then required, provided that Tenant makes such delivery within ten 10 Sunnyvale lady date finder of Landlord's draw.

With respect to any contest of Real Property Taxes or Laws conducted by Tenant, Tenant shall hold Landlord and the Property harmless from any damage arising out of such protest or contest and shall pay any judgment that may be rendered in connection with such contest or protest. Tenant shall not drain or discharge any fluids in the landscaped areas or across the paved areas of the Property. Subject to Paragraph 2.

Tenant shall not i install any equipment or antennas on or make any penetrations of the exterior walls or roof of the Building or ii affix any equipment or make any penetrations or cuts in the floors, ceiling or walls of the Leased Premises, without Landlord's prior written consent, which consent shall not be unreasonably withheld; provided, however, that it shall be reasonable for Landlord to withhold its consent if Tenant's proposed installations or penetrations impact the structural integrity of the Building.

Tenant shall have the right to use the Outside Areas in conjunction with its Permitted Use of the Leased Premises solely for the purposes for which they were deed and intended and for no other purposes whatsoever. With respect to any insurance policies required or permitted to be carried by Landlord in accordance with the provision of this Lease, copies of which have been or will, upon Tenant's written request therefor, be provided to Tenant, Tenant shall not conduct nor permit any other person to conduct any activities nor keep, store or use or allow any other person to keep, store or use any item or thing within the Leased Premises, the Building, the Outside Areas or the Property which i is prohibited under the terms of any such policies, ii could result in the termination of the coverage afforded under any of such policies, iii could give to the insurance carrier the right to cancel any of such policies, or iv could cause an increase in the rates over standard rates charged for the coverage afforded under any of such policies.

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The failure by Tenant to pay any Additional Rent as required pursuant to this Lease when due shall be treated the same as a failure by Tenant to pay Base Monthly Rent when due, and Landlord shall have the same rights and remedies against Tenant as Landlord would have had Tenant failed to pay the Base Monthly Rent when due. If Landlord transfers the Building or the Property during the Lease Term, Landlord may pay the Security Deposit to any subsequent owner in conformity with the provisions of Section In no event shall the Security Deposit or any portion thereof, be considered prepaid rent.

Tenant's Property Share: Sunnyvale lady date finder term "Tenant's Property Share" shall mean the percentage obtained by dividing the rentable square footage of the Leased Premises at the time of calculation by the rentable square footage of all buildings currently located or to be located on the Property. Leased Premises: All the interior space within the Building, including stairwells, connecting walkways, and atriums, to consist of approximately rentablesquare feet and, for purposes of this Lease, agreed to contain said of square feet.

Tenant's lease of the Leased Premises, together with the appurtenant right to use the Outside Areas as described in Paragraph 2. If such year-end statement shall show that Tenant did not pay its obligation for such expenses in full, then Tenant shall pay to Landlord the amount of such underpayment within ten days from Landlord's billing of same to Tenant. Additionally, to the extent that Landlord shall have notified or is deemed to have notified Tenant in writing at the time the improvements were completed that it desired to have certain improvements made by Tenant or at the request of Tenant removed at the expiration or sooner termination of the Lease, Tenant shall, upon the expiration or sooner termination of the Lease, remove any such improvements constructed or installed by Landlord or Tenant and repair all damage caused by such removal; provided however, Tenant shall not be required to remove the Tenant Improvements installed pursuant to the Work Letter.

Tenant's Expense Share: The term "Tenant's Expense Share" shall mean the percentage obtained by dividing the rentable square footage of the Leased Premises at the time of calculation by the rentable square Sunnyvale lady date finder of the Building. Tenant shall not place any explosive, flammable or harmful fluids or other waste materials in the drainage systems of the Leased Premises, the Building, the Outside Areas or the Property. If the amount of the Letter of Credit is reduced in accordance with the terms of this Lease, Tenant shall have the right to replace the existing Letter of Credit with another Letter of Credit at the reduced amount.

All references in this Lease subject to any further clarifications contained in this Lease to the following terms shall have the following meaning or refer to the respective address, person, date, time period, amount, percentage, calendar year or fiscal year as below set forth: Tenant's Address for Notice: Prior to May 1, Juniper Networks, Inc.

Options to Renew: Two 2 option s to renew, each for a term of five 5 years. If Tenant or its employees park any vehicle within the Property in violation of these provisions, then Landlord may, upon prior written notice to Tenant giving Tenant one 1 day or any applicable statutory notice period, if longer than one 1 day to remove such vehicle s.

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Except for such reasonable wear and tear, Tenant shall i repair all damage to the Leased Premises, the exterior of the Building and the Outside Areas caused by Tenant's removal of Tenant's property, ii patch and refinish, to Landlord's reasonable satisfaction, all penetrations made by Tenant or its employees to the roof, floor, interior or exterior walls or ceiling of the Leased Premises and the Building, whether 3 5 such penetrations were made with Landlord's approval or not, iii repair or replace all stained or damaged ceiling tiles, wall coverings and floor coverings to the reasonable satisfaction of Landlord, iv repair all damage caused by Tenant to the exterior surface of the Building and the paved surfaces of the Outside Areas and, where necessary, replace or resurface same.

Landlord shall, pursuant to the Work Letter, perform the work and make the installations in the Leased Premises substantially as set forth in the Work Letter such work and installations hereinafter referred to as the "Tenant Improvements". Landlord shall cooperate with Tenant's efforts to obtain approval from the City of Sunnyvale for an illuminated. Tenant shall provide trash bins or other adequate garbage disposal facilities within the trash enclosure areas provided or permitted by Landlord outside the Leased Premises sufficient for the interim disposal of all of its trash, garbage and waste.

Permitted Use: General Office, research and development, marketing, sales, manufacturing, distribution, warehouse and other related lawful uses. The provisions of this Paragraph shall survive the expiration or sooner termination Sunnyvale lady date finder this Lease. Subject to Landlord's prior written consent, which shall not be unreasonably withheld, and subject to approval by the City of Sunnyvale, Tenant shall have the right to install an illuminated business identification on the Building.

Any amount drawn under the Letter of Credit shall be held or used by Landlord in accordance with this Section 3. Tenant shall have the non-exclusive use of its proportionate share calculated using the same method as Tenant's Expense Share of parking spaces located in the Outside Areas which, subject to any transportation management requirements of the City of Sunnyvale, shall be no less than 3.

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Tenant's obligations hereunder shall survive the expiration or sooner termination of this Lease. As an appurtenant right to Tenant's right to the use and occupancy of the Leased Premises, Tenant shall have the right to use the Outside Areas in conjunction with its use of the Leased Premises solely for the purposes for which they were deated and intended and for no other purposes whatsoever.

Begin typing to search, use arrow keys to navigate, use enter to select. Landlord will reasonably cooperate with Tenant in the contest or proceedings. In the event the City of Sunnyvale only approves the installation of one 1 monument for the Property, Tenant shall have the right to place its business identification age on the top of said monumentwhich monument shall be installed by Landlord, at its sole cost and expense.

Corporate Counsel. Tenant shall not use any of the Outside Areas for the storage of its materials, supplies, inventory or equipment and all such materials, supplies, inventory or equipment shall at all times be stored within the Leased Premises.

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Tenant's obligation to pay Base Monthly Rent and all Additional Rent shall be appropriately prorated at the commencement and expiration of the Lease Term. Any installations, penetrations or cuts in the interior or exterior walls, roof, floor or ceiling of the Building will be subject to Tenant's restoration obligations set forth in Section 2.

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Additionally, Tenant shall have the right, by appropriate proceedings, to protest or contest any assessment, reassessment or allocation of Real Property Taxes or any change therein or any application of any Law to the Leased Premises or Tenant's use thereof. Landlord and Tenant agree that this late charge represents a reasonable estimate of such costs and expenses and is fair compensation to Landlord for the anticipated loss Landlord would suffer by reason of Tenant's failure to make timely payment.

Tenant shall not operate any equipment within the Leased Premises which does or could i injure, vibrate or shake the Leased Premises or the Building, ii damage, overload or impair the efficient operation of any electrical, plumbing, heating, ventilating or air conditioning systems within or servicing the Leased Premises or the Building, or iii damage or impair the efficient operation of the sprinkler system if any within or servicing the Leased Sunnyvale lady date finder or the Building.

Such monument shall comply with all requirements imposed by the City of Sunnyvale. Tenant shall have the right to vacate the Leased Premises at any time during the Term of this Lease, provided Tenant maintains the Leased Premises in the same condition as if fully occupied and as otherwise required by the terms of this Lease.

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Tenant's right to so use the Outside Areas shall be subject to the limitations on such use as set forth in Article 1 and shall terminate concurrently with any termination of this Lease. Landlord shall not be deemed a trustee of the Security Deposit.

Legal Technology. Tenant shall not be entitled to any interest on any cash Security Deposit held by Landlord. Notwithstanding the foregoing, Tenant shall have exclusive use of the thirty 30 parking spaces directly in front of the front door to the Leased Premises. Any such shall be installed at Tenant's sole cost and expense and only in strict compliance with Landlord's approval which shall not be unreasonably withheldand all Laws and all Sunnyvale lady date finder of the City of Sunnyvale, using a person approved by Landlord to install same.

Notwithstanding the foregoing, Landlord may elect by thirty 30 days prior written notice to Tenant provided such written notice is received by Tenant at least thirty 30 days prior to delinquency to have Tenant pay Real Property Taxes or any portion thereof directly to the applicable taxing authority, in which case Tenant shall make such payments and deliver satisfactory evidence of payment to Landlord no later than ten 10 days before such Real Property Taxes become delinquent. Tenant shall not, at any time, park or permit to be parked any recreational vehicles, inoperative vehicles or equipment in the Outside Areas or on any portion of the Property.

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During construction of the Building as defined in Article 16Tenant shall have the non-exclusive use of all parking areas located on the Property, subject to Landlord's use thereof for construction activities. In no event shall this provision for a late charge be deemed to grant to Tenant a grace period or extension of time within which to pay any rental installment or prevent Landlord from exercising any right or remedy available to Landlord upon Tenant's failure to pay each rental installment due under this Lease when due, including the right to terminate this Lease.

Additionally, the Delivery Grace Period above set forth shall be extended for such of days as Landlord may be delayed in delivering possession of the Leased Premises to Tenant by reason of Force Majeure or the action or inaction of Tenant.