Item 1.01.Entry into a Material Definitive Agreement.
On
The term of the Lease will commence on
Under the terms of the Lease, Lifted Made will lease approximately 6,132 square
feet at the Property and pay an initial base square foot charge of
Rent Schedule Date Base Monthly Rent
07/01/2022 - 06/30/2023 $5,493.25 07/01/2023 - 06/30/2024 $5,630.58 07/01/2024 - 06/30/2025 $5,771.35 07/01/2025 - 06/30/2026 $5,915.63 07/01/2026 - 06/30/2027 $6,063.52
Lifted Made will also be responsible for paying its proportionate share of real
estate taxes and other operating costs which are estimated to be at least
The foregoing description of the terms of the Lease Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Lease Amendment, a copy of which is attached hereto as Exhibit 10.69.
Item 2.03.Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The discussion contained in "Item 1.01 Entry into a Material Definitive Agreement" of this Current Report on Form 8-K is incorporated into this Item 2.03 by reference.
Item 9.01 Financial Statements and Exhibits.
Exhibit 10.69 Lease Agreement Exhibit 99.1 Press Release DatedJune 7, 2022
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