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LEASE

BETWEEN

TRIPLE T BRENTWOOD LLC

AS LANDLORD

AND

PRIVATE BUSINESS, INC.

AS TENANT

 

BASIC LEASE INFORMATION

LEASE DATE:

 

LANDLORD:

Triple T Brentwood LLC
a Delaware limited liability company

ADDRESS OF LANDLORD FOR NOTICES (SECTION 27):

Triple T Brentwood LLC
c/o The Travelers Insurance Company
215 Lennon Lane, Suite 201
Walnut Creek, California 94598
Attention: Guy R. McComb, Vice President

 

and

 

The Travelers Insurance Company
One Tower Square
Hartford, Connecticut 06183-2030
Attention: Travelers Investment Group, 9PB Regional Counsel

 

and

 

Loeb& Loeb LLP
1000 Wilshire Boulevard, Suite 1800
Los Angeles, California 90017
Attention: Susan V. Noonoo, Esq.

TENANT:

Private Business, Inc., a Tennessee corporation

ADDRESS OF TENANT FOR NOTICES (SECTION 27):

 

TYPE/NATURE OF TENANT'S BUSINESS: General Business

PERMITTED USE OF PREMISES (SECTION 5): General office use

PREMISES (SECTION 1): Approximately 54,643 rentable square feet consisting of the entire 4th floor and 3rd floors as shown on Exhibit "A"

PARKING RIGHTS (SECTION 1): 4.96 surface parking spaces per 1,000 usable square feet in the area designated on Exhibit "B"

LEASE TERM (SECTION 2): 10 years

BASE RENT (SECTION 3):

Years 1 through 4:

$18.85 per rentable square foot

 

Years 5 through 8:

$19.85 per rentable square foot

 

Years 9 and 10:

$20.85 per rentable square foot

 

PREPAID RENT (SECTION 3): N/A

SECURITY DEPOSIT (SECTION 3): $1,000,000

TENANT'S PROPORTIONATE SHARE OF INCREASES IN DIRECT COSTS (SECTION 4): rentable area of Premises divided by rentable area of Building: 52.13%

LANDLORD'S BROKER (SECTION 35): The Trammel l Crow Company

TENANT'S BROKER (SECTION 35): The Trammel l Crow Company

GUARANTOR (SECTION 38.19): N/A

RENTABLE AREA OF BUILDING: 104,825 rentable square feet

ADDITIONAL PROVISIONS: See Addendum attached hereto and hereby made a part hereof

LEASE

THIS LEASE ("Lease") is entered into as of the date specified in the Basic Lease Information (as defined in Section 1 below) between Triple T Brentwood LLC, a Delaware limited liability company ("Landlord"), and the tenant specified in the Basic Lease Information ("Tenant"), upon the following terms and conditions:

1. PREMISES; COMMON AREAS; PARKING; BASIC LEASE INFORMATION.

1.1 Landlord hereby leases to Tenant and Tenant hereby leases from Landlord, upon the terms and conditions set forth in this Lease, those certain premises (the "Premises") described in the Basic Lease Information and designated in Exhibit "A" attached hereto and hereby made apart hereof. The Premises are or shall be situated in a four (4) story office building (the "Building") located at Overlook Park, Brentwood, Tennessee. The real property upon which the Building is located consists of (a) approximately 8.06 acres, more or less, designated as Lots 13, 10-C, 10E and 10-F on the Preliminary and Final Plat Re subdivision of Lots 10-A, 10-B and 10-D on the Final Plat of the Re subdivision of Lots 1, 3, 6, 7, 9 and 10 of Overlook Park, as of record in Plat Book 23, page 98, Register's Office for Williamson County, Tennessee (the "Official Records") and (b) that certain adjacent tract of land consisting of approximately 11,000 square feet, more or less, and being shown on the tax rolls for Williamson County, Tennessee as Map 11-F, Group "A,", Parcel A, (collectively, the "Property"). The Property, together with the Building and all related improvements, facilities and appurtenances, shall hereinafter be collectively referred to as the "Project."The terms and conditions of this Lease shall include, without limitation, the Basic Lease Information; provided, however, as to any in consistence between the terms of this Lease and the terms of the Basic Lease Information, the terms of this Lease shall control.

As used in the Basic Lease Information and elsewhere in this Lease, the term "rentable square feet" and similar variations thereof shall have the meaning set forth below:

1.1.1 In the case of a single tenancy floor, all floor areas measured from the predominate feature of the Building (i. e., the inside surface of the outer glass or finished column walls of the Building) to the inside surface of the opposite wall excluding only the areas within the outside walls used for elevator, mechanical rooms, Building stairs, elevators shafts, flues, vents and other vertical ducts, plus an allocation of the square footage of the Building's Common Areas as defined in Section 1.2 below.

1.1.2 In the case of a multi-tenant floor, all floor areas measured from the predominate feature of the Building (i. e., the inside surface of the outer glass or finished column walls of the tenant occupied portion of the floor) measured to the midpoint of the walls separating the areas leased by or held for lease to other tenants or from floor areas devoted to corridors, elevator foyers, rest room mechanical rooms, vending areas or other similar facilities for the use of all tenants on a particular floor, but including a proportionate part of the foregoing floor specific common areas located on such floor, plus an allocation of the square footage of the Common Areas as defined in Section 1.2 below.

1.1.3 The rentable square footage in the Premises calculated on the basis of the foregoing definitions is estimated to be 54,643as shown on the Basic Lease Information. Landlord and Tenant agree that the actual rentable square footage shall be determined by Landlord's architect on the basis of the final Plans and Specifications for the Premises as constructed. If the actual rentable square footage in the Premises differs from the estimated rentable square footage as set forth above, then the rentable square footage in the Premises shall be changed to conform to the actual rentable square footage in the Premises. Upon Substantial Completion (as defined in Section 2.1 below), Landlord and Tenant both agree to execute a certificate evidencing the exact number of rentable square feet contained int he Premises when such figure is accurate determinable.

1.1.4 In the event the estimated rentable square footage is changed to conform to actual square footage in accordance with the foregoing paragraph, Base Rent, as defined in Section 3, shall be adjusted to reflect the actual rentable square feet in the Premises and all such determinations shall be governed by BOMA standards to the extent inconsistent with the preceding requirements and the allocation of square footage for common areas for both single tenant floors and multi-tenant floors, as applicable from time to time, all in accordance with BOMA's standards.

Each reference in this Lease to any of the Basic Lease Information shall be construed to incorporate, in addition to the Basic Lease Information, the terms and conditions set forth in the particular Lease section in which such reference is made.

1.2 The term "common areas" as used in this Lease shall mean all areas and facilities around the Premises and within the exterior boundaries of the Property which are provided and designated from time to time by Landlord for the general use and convenience of Tenant and other tenants of the Project and their respective employees, invitees or other visitors. Common areas include, without limitation, the lobby area, walkways, parking facilities, landscaped areas, sidewalks, driveways, service quarters, hallways, restrooms (if not part of the Premises), stairways, elevators (except elevators which may be reserved for the exclusive use of one or more other tenants), walls, fire stairs, telephone and electric closets, aisles, truck docks, plazas, service areas, lobbies and all other common and service areas of the Property and Building or any other area of the Project intended for such use. Floors wholly occupied by Tenant shall not have any facilities which would be used in common with other tenants, except for fire stairs, shafts and similar installations. Tenant, its employees and invitees shall have the nonexclusive right to use the common areas along with others entitled to use same, subject to Landlord's rights and duties as hereinafter set forth and subject to the other provisions of this Lease. Without Tenant's consent and without liability to Tenant, and provided that Landlord uses reasonable efforts to minimize the duration and extent of any resultant interference with Tenant's use of and access to the Premises, Landlord may do the following:

 

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发布于 2021-12-07 17:19:08
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