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AMENDMENT NO. 2 TO LEASE

Lease Agreement

AMENDMENT NO. 2 TO LEASE | Document Parties: CAPITALSOURCE INC | CAPITALSOURCE FINANCE LLC | WISCONSIN PLACE OFFICE LLC | Wisconsin Place Office Manager LLC You are currently viewing:
This Lease Agreement involves

CAPITALSOURCE INC | CAPITALSOURCE FINANCE LLC | WISCONSIN PLACE OFFICE LLC | Wisconsin Place Office Manager LLC

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Title: AMENDMENT NO. 2 TO LEASE
Governing Law: Delaware     Date: 8/10/2009
Industry: Misc. Financial Services     Sector: Financial

AMENDMENT NO. 2 TO LEASE, Parties: capitalsource inc , capitalsource finance llc , wisconsin place office llc , wisconsin place office manager llc
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Exhibit 10.7

AMENDMENT NO. 2 TO LEASE

     THIS AMENDMENT NO. 2 TO LEASE (this “Amendment” ) is made as of the 17 day of February , 2009 ( “Effective Date” ) by and between WISCONSIN PLACE OFFICE LLC, a Delaware limited liability company ( “Landlord” ), and CAPITALSOURCE FINANCE LLC, a Delaware limited liability company ( “Tenant” ).

WITNESSETH:

     WHEREAS, Landlord and Tenant have previously entered into that certain Office Lease Agreement dated as of the 27th day of April, 2007 as amended by Amendment No. 1 to lease dated as of August 25, 2008 (as amended, the “Original Lease” ) with respect to One Hundred and Thirty Four Thousand Seven Hundred Ninety-Three (134,793) square feet of rentable area ( “Original Premises” ) in the office building ( “Building” ) that is part of the Project known as Wisconsin Place, as more particularly described in the Original Lease;

     WHEREAS, Landlord and Tenant have agreed to amend Exhibit B , Work Agreement, to the Original Lease; and

     NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged, the parties hereto, intending to be legally bound hereby, covenant and agree as follows:

 

1.

 

Defined Terms . Except as otherwise provided herein, all capitalized terms used herein shall have the same meanings as provided for such terms in the Original Lease. The Original Lease, as modified and amended by this Amendment shall be referred to herein as the “Lease.” All references to the “Lease” in the Original Lease and this Amendment are deemed to mean the Original Lease, as modified and amended by this Amendment.

 

 

2.

 

Amendment to Exhibit B Work Agreement . Paragraph 3(a) of Exhibit B to the Original Lease, Work Agreement, is deleted in its entirety and replaced with the following:

 

 

 

 

Tenant has requested that Landlord complete the initial leasehold improvements in the Premises (collectively, the “Leasehold Work” ) in two phases (each a “Phase” ). The first phase ( “Phase I” ) of the Leasehold Work (the “Phase I Leasehold Work” ) shall include construction of the initial leasehold improvements to be located on the second (2 nd ) floor of the Building. The second phase
(“Phase II”) of the

Wisconsin Place
Capital Source Lease Amendment No. 2

1


 

 

 

 

Leasehold Work (the “Phase II Leasehold Work”) shall include the construction of initial leasehold improvements (other than the Phase I Leasehold Work) in any space for which Tenant delivers the Permit Drawings and the Construction Documents (each as defined in Section 4 below) to Landlord on or before the date that is eighteen (18) months after the Lease Commencement Date. The Phase II Leasehold Work may consist of one or more sub-phases in Tenant’s discretion, it being agreed that any Leasehold Work (other than Phase I Leasehold Work) for which Tenant delivers Permit Drawings and Constructio


 
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