![]() ![]() During the term of this Agreement, such Monthly Allocable Rent shall be adjusted, as to the Premises or any Intelligroup Facility, by the same percentage as any rent adjustment (including without limitation, for rent adjustments based on increases in operating expenses, common area maintenance charges and similar items) provided under the terms of the applicable Intelligroup Leases and/or Edison, NJ Lease, such increase to be effective on the date such increase becomes effective under the applicable Intelligroup Leases and/or Edison, NJ Lease. In addition to the Monthly Allocable Rent, SeraNova shall pay to Intelligroup its proportionate share of any operational costs, common area maintenance charges, utilities and similar items not included in the Monthly Allocable Rent ('Additional Rent'). So long as SeraNova uses the Premises or any - Intelligroup Facility, SeraNova shall pay to Intelligroup on the first day of each calendar month the amount shown on Exhibit A with respect to the Premises - or such Intelligroup Facility as the 'Monthly Allocable Rent.' The Monthly Allocable Rent set forth on Exhibit A is based upon the ratio of the number of - square feet occupied by SeraNova to the total number of square feet of the Premises or such Intelligroup Facility. SeraNova's right to use any Intelligroup Facilities (and its obligation to pay consideration therefore as required pursuant to Section 3 hereof) shall terminate upon termination of the applicable Intelligroup Leases. Intelligroup agrees that SeraNova shall be permitted to continue to use the portion of the other Intelligroup Facilities described on Exhibit A for the - purposes permitted under the applicable Intelligroup Leases, subject to the terms and conditions of this Agreement. ![]() Intelligroup and SeraNova acknowledge that as - of the date hereof SeraNova is using space at the Intelligroup Facilities. SeraNova's right to use a portion of the Premises (and its obligation to pay consideration therefore as required pursuant to Section 3 hereof) shall terminate upon termination of the lease for the Premises. Intelligroup agrees that SeraNova shall be permitted to use - a portion of the Premises for the purposes permitted under the Edison, NJ Lease subject to the terms and conditions set forth in this Agreement. NOW, THEREFORE, in consideration of the agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 1. SeraNova desires to use a portion of the Premises and portions of the other Intelligroup Facilities and, subject to the terms and provisions herein, Intelligroup agrees that SeraNova shall be permitted to use a portion of the Premises and portions of the Intelligroup Facilities. Intelligroup is a party to leases and/or subleases (the 'Intelligroup Leases') for other facilities (such facilities, together with the Premises, are collectively referred to herein as the 'Intelligroup Facilities') as listed on Exhibit A hereto. Intelligroup is a party to a lease agreement (the 'Edison, NJ Lease') pursuant to which Intelligroup leases certain office space for its corporate headquarters (the 'Premises'). , a New Jersey corporation ('Intelligroup') and SeraNova, Inc., a New Jersey corporation ('SeraNova'). Sponsored Links SPACE SHARING AGREEMENT This Space Sharing Agreement (the 'Agreement') is made as of January 1, 2000, by and between Intelligroup, Inc. ![]() Subletting your commercial property? Determine the type of lease term you need, the length of the sublease, and rental costs with our Commercial Sublease. Alcatel lucent oxo software (pcx omc pimphony docs) windows#Windows Xp Live Cd Minipe.v2K5.09.03-Xt.iso Download. Pursuant to which Intelligroup leases certain office space for its corporate headquarters (the 'Premises'). SPACE SHARING AGREEMENT This Space Sharing Agreement (the 'Agreement') is made as of January 1. ![]()
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