Common use of Amended Lease Clause in Contracts

Amended Lease. If: (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of a period of 10 business days after L▇▇▇▇▇▇▇’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed, subject to its ongoing right under Section 39(a) above, to have waived its right to lease such Identified Space.

Appears in 2 contracts

Sources: Lease Agreement (CARGO Therapeutics, Inc.), Lease Agreement (CARGO Therapeutics, Inc.)

Amended Lease. If: If (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of a period of 10 15 business days after L▇▇▇▇▇▇▇Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Expansion Space, no lease amendment for the Identified Expansion Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the samesole and absolute discretion, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, shall be deemed, subject to its ongoing right under Section 39(a) above, deemed to have forever waived its right to lease such the Identified Expansion Space.

Appears in 2 contracts

Sources: Lease Agreement (Zentalis Pharmaceuticals, Inc.), Lease Agreement (Zentalis Pharmaceuticals, LLC)

Amended Lease. If: (i) Tenant fails to timely deliver an the Exercise Notice, or (ii) after the expiration of a period of 10 business 30 days after L▇▇▇▇▇▇▇Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed, subject to its ongoing right under Section 39(a) above, deemed to have forever waived its right to lease such Identified Space.

Appears in 2 contracts

Sources: Assignment and Assumption of Lease (Vaxcyte, Inc.), Lease Agreement (Codexis, Inc.)

Amended Lease. If: If (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of a period of 10 business days after L▇▇▇▇▇▇▇Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Expansion Space, no lease amendment for the Identified Expansion Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the samesole and absolute discretion, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, shall be deemed, subject to its ongoing right under Section 39(a) above, deemed to have waived its right to lease such the Identified Expansion Space.

Appears in 1 contract

Sources: Lease Agreement (Adaptive Biotechnologies Corp)

Amended Lease. If: (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of a period of 10 business days after L▇▇▇▇▇▇▇’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed, subject to its ongoing right under Section 39(a) above, to have waived its right to lease such Identified Space.

Appears in 1 contract

Sources: Lease Agreement (CARGO Therapeutics, Inc.)

Amended Lease. If: (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of a period of 10 business days after L▇▇▇▇▇▇▇’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed, subject to its ongoing right under Section 39(a) above, deemed to have forever waived its right to lease such Identified Space.

Appears in 1 contract

Sources: Lease Agreement (Singular Genomics Systems, Inc.)