Common use of Landlord’s Right to Negotiate Clause in Contracts

Landlord’s Right to Negotiate. After Landlord recaptures the Recapture Space, Landlord will have the right to (i) negotiate directly with any proposed subtenant or assignee of Tenant, and (ii) enter into a direct lease with any proposed subtenant or assignee of Tenant for any space in the Building, including the space covered by the proposed sublease or assignment, on such terms and conditions as are mutually acceptable to Landlord and the proposed subtenant or assignee.

Appears in 5 contracts

Samples: Lease Agreement (Cognition Therapeutics Inc), Lease Agreement (Bellerophon Therapeutics, Inc.), Lease Agreement (Roka BioScience, Inc.)

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Landlord’s Right to Negotiate. After Landlord recaptures the Recapture SpacePremises, Landlord will have the right to (i) negotiate directly with any proposed subtenant or assignee of Tenant, and (ii) enter into a direct lease with any proposed subtenant or assignee of Tenant for any space in the Building, including the space covered by the proposed sublease or assignment, Premises on such terms and conditions as are mutually acceptable to Landlord and the proposed subtenant or assignee.

Appears in 2 contracts

Samples: Lease Agreement (BTRS Holdings Inc.), Lease Agreement (South Mountain Merger Corp.)

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Landlord’s Right to Negotiate. After Landlord recaptures the Recapture SpacePremises pursuant to Section 16.5, and the Lease is terminated in connection therewith, Landlord will have the right to (i) negotiate directly with any proposed subtenant or assignee of Tenant, and (ii) enter into a direct lease with any proposed subtenant or assignee of Tenant for any space in the Building, including the space covered by the proposed sublease or assignment, on such terms and conditions as are mutually acceptable to Landlord and the proposed subtenant or assignee.

Appears in 1 contract

Samples: Lease Agreement (Domus Holdings Corp)

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