Common use of Amended Lease Clause in Contracts

Amended Lease. If: (i) Tenant fails to timely deliver a Acceptance Notice or GBT Space Acceptance Notice, as applicable, or (ii) after the expiration of a period of 10 days after Landlord’s delivery to Tenant of a lease amendment or lease agreement for Tenant’s lease of the Expansion Space or the Available Space, as applicable, no lease amendment or lease agreement for the Expansion Space or Applicable Space, as applicable, acceptable to both parties each in their sole and absolute discretion, has been executed, Tenant shall be deemed to have waived its right to lease such Expansion Space or Applicable Space, as applicable.

Appears in 2 contracts

Samples: Lease Agreement (Global Blood Therapeutics, Inc.), Lease Agreement (Global Blood Therapeutics, Inc.)

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Amended Lease. If: (i) Tenant fails to timely deliver a Acceptance Notice or GBT MyoKardia Space Acceptance Notice, as applicable, or (ii) after the expiration of a period of 10 days after Landlord’s delivery to Tenant of a lease amendment or lease agreement for Tenant’s lease of the Expansion Space or the Available Space, as applicable, no lease amendment or lease agreement for the Expansion Space or Applicable Space, as applicable, acceptable to both parties each in their sole and absolute discretion, has been executed, Tenant shall be deemed to have waived its right to lease such Expansion Space or Applicable Space, as applicable.

Appears in 2 contracts

Samples: Lease Agreement (Global Blood Therapeutics, Inc.), Lease Agreement (Global Blood Therapeutics, Inc.)

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