Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / lease-comments-letter-to-wbc.docx
lease-comments-letter-to-wbc.docx
Parties
HARKNESS LLP
Calloway LLP
Meridian Consumer Brands LLC
Meridian Holdings Inc
Whitmore CPAs LLP
Pinnacle Brokerage Group LLC
Velthorn Realty Advisors LLC
M. Best Company
Dates
August 12, 2022
July 18, 2022
June 22, 2022
September 30, 2022
August 26, 2022
January 1, 2023
April 1, 2023
July 1, 2023
August 5, 2022
Amounts
$1,200,000
$4.03
$2.85
$1,850,000
$15.00
$4,462,500
$5.00
$1,487,500
$300,000
$100,000
Obligations
To the extent of any inconsistency between this summary letter and the redline itself, the redline shall be controlling
If such remeasurement results in a change to the rentable square footage of the Premises, the annual base rent and all other per-square-foot calculations under the Lease (including the TI Allowance, as discussed below) shall be adjusted proportionally
Rent Commencement and Free Rent Period Consistent with the LOI, the Tenant's First Markup provides for a free rent period of four (4) months from the Commencement Date (Lease Months 1 through 4), during which Tenant shall pay its pro rata share of NNN operating expenses only and shall have no obligation to pay base rent
by July 1, 2023), MCB shall have the right to terminate the Lease upon thirty (30) days' prior written notice to Landlord
The estimated cost of Landlord's Work is $1,850,000, which is to be borne entirely by Landlord and shall not be deducted from or credited against the Tenant Improvement Allowance described in Section V below
Any remaining unused TI Allowance not drawn by Tenant within eighteen (18) months following the Commencement Date shall be forfeited and shall no longer be available to Tenant