![]() The terms of this Section 5.3 shall survive and remain in full force and effect notwithstanding the expiration or earlier termination of the Term ![]() If there is any reconciliation of Direct Expenses between Master Landlord and Sublandlord for the period of the Term, such reconciliation will apply as between Sublandlord and Subtenant, with Subtenant receiving Subtenant’s Share of any reimbursement for overpayment, or paying Sublandlord for any shortfall, as the case may be. Within thirty (30) days after Sublandlord receives the Landlord’s Statement pursuant to Section 4.4 of the Master Lease, Sublandlord shall deliver to Subtenant a copy of the Statement. If Sublandlord has not provided Subtenant with an Estimated Statement, Subtenant shall continue to pay the Estimated Direct Expenses in the amount as it paid under the Master Lease just prior to the effective date of the Assignment. Subtenant shall pay, together with Base Rent, Subtenant’s Share of the Estimated Direct Expenses as set forth in Article 5 of the Master Lease. Throughout the Term, Subtenant shall pay monthly, in addition to Base Rent, eighty-four and 43/100 th percent (84.43%) (“ Subtenant’s Share ”) of all Direct Expenses incurred by Sublandlord during the Term. ![]() All terms capitalized but undefined herein shall have the meanings ascribed to them in the Master Lease.ĥ.2 Operating Expenses Taxes Insurance Costs. A copy of the Master Lease is attached hereto as Exhibit A. Pursuant to the Master Lease, Sublandlord currently leases from Master Landlord those certain premises commonly known as 450 Concar Drive, San Mateo, California 94402, consisting of approximately 210,115 rentable square feet located on the entirety of the first, second, third and fourth floors of the 450 Concar North Tower and the first, second, third and fourth floors of the 450 Concar South Tower (“ Master Premises ”), within the project commonly known as 450 Concar South Tower and 450 Concar North Tower (the “ Property ”), as more particularly described in the Master Lease. ![]() Sublandlord currently leases certain premises from HGP San Mateo Owner LLC, a Delaware limited liability company (“ Master Landlord ”), pursuant to the terms and conditions of that certain Office Lease dated Ma(the “ Original Lease ”), as amended by that certain First Amendment to Office Lease, dated Aug(the “ First Amendment ”), that certain Second Amendment to Office Lease, dated Octo(the “ Second Amendment ”), that certain Third Amendment to Office Lease, dated Octo(the “ Third Amendment ”) that certain Fourth Amendment to Office Lease, dated concurrently with the execution of this Sublease (the “ Fourth Amendment ”), and as assigned to Sublandlord pursuant to that certain Assignment of Office Lease, dated concurrently with the execution of this Sublease (the “ Assignment ”, and together with the Original Lease, the First Amendment, the Second Amendment and the Third Amendment, collectively, the “ Master Lease ”).
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