Landlord Option Sample Clauses

Landlord OptionNotwithstanding any provision contained herein, at any time during the Lease Term where (or its Affiliate) is the Lessor hereunder, upon written notification to Lessee, Lessor may elect, in its sole discretion, to amend any of the Other Leases to include all (but not less than all) of the Properties in such Other Lease. In such event, Lessee shall cooperate with Lessor in executing an amendment to such Other Lease and any other related documents reasonably requested by Lessor to (a) modify the definition of “Properties” as defined in such Other Lease to include the Properties; (b) increase the Base Annual Rental as defined in such Other Lease to reflect the inclusion of the Properties; (c) terminate any and all obligations under this Lease from and after the date of such amendment of the Other Lease; and (d) make such other changes reasonably deemed necessary by Lessor to reflect the addition of the Properties to such Other Lease, so long as the collective rights and entitlements of Lessee after the effective date of such amendments are not less than, and the collective obligations of Lessee after the effective date of such amendments are not greater than, those contained within this Lease and such Other Lease prior to the effective date of such amendments. Lessor shall reimburse the reasonable third party out-of-pocket costs and expenses incurred by Lessee in connection with this Section 2.03 to the extent that such costs and expenses are in excess of the costs and expenses Lessee may otherwise incur in connection with the performance of its obligations under this Lease.
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