Common use of Limitation on Right of First Offer Clause in Contracts

Limitation on Right of First Offer. The Right of First Offer with respect to any portion of the Offering Space shall terminate on the earlier to occur of: (i) with respect to any portion of the Offering Space that is the subject of an Advice, Tenant’s failure to exercise its Right of First Offer within the ten (10) Business Day period provided in Section 1(a) above, and (ii) with respect to any portion of the Offering Space which would otherwise have been the subject of an Advice, the date Landlord would have provided Tenant an Advice if Tenant had not been in violation of one or more of the conditions set forth in clauses (i) through (iv) of Section 1(a) above.

Appears in 2 contracts

Samples: Office Lease Agreement (Turo Inc.), Office Lease Agreement (Turo Inc.)

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Limitation on Right of First Offer. The Right rights of First Offer Tenant hereunder with respect to any portion of the Offering Space shall terminate on the earlier to occur of: (i) with respect to any portion of the Offering Space that is the subject of an Advice, Tenant’s failure to exercise its Right of First Offer within the ten (10) Business Day business day period provided in Section 1(a) described above, and (ii) with respect to any portion of the Offering Space which would otherwise have been the subject of an Advice, the date Landlord would have provided Tenant an Advice if Tenant had not been in violation of one or more of the conditions set forth in clauses (iA) through (ivD) of Section 1(a5.2(a)(i) above.

Appears in 1 contract

Samples: Office Lease Agreement (Velti PLC)

Limitation on Right of First Offer. The Right rights of First Offer Tenant hereunder with respect to any portion of the Offering Space shall terminate on the earlier to occur of: (i) with respect to any portion of the Offering Space that is the subject of an Advice, Tenant’s failure to exercise its Right of First Offer within the ten (10) Business Day day period provided in Section 1(a2(a) above, and (ii) with respect to any portion of the Offering Space which would otherwise have been the subject of an Advice, the date Landlord would have provided Tenant an Advice if Tenant had not been in violation of one or more of the conditions set forth in clauses (i) through (iv) of Section 1(a2(a) above.

Appears in 1 contract

Samples: Office Lease Agreement (Thimble Point Acquisition Corp.)

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Limitation on Right of First Offer. The Right rights of First Offer Tenant hereunder with respect to any portion of the Offering Space shall terminate on the earlier to occur of: (i) with respect to any portion of the Offering Space that is the subject of an Advice, Tenant’s failure to exercise its Right of First Offer within the ten (10) Business Day business day period provided in Section 1(a9(a) above, and (ii) with respect to any portion of the Offering Space which would otherwise have been the subject of an Advice, the date Landlord would have provided Tenant an Advice if Tenant had not been in violation of one or more of the conditions set forth in clauses (i) through (iv) of Section 1(a9(a) above.

Appears in 1 contract

Samples: Work Agreement (ForgeRock, Inc.)

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