Common use of Limitations on Tenant’s Rights Clause in Contracts

Limitations on Tenant’s Rights. Notwithstanding any contrary provision of the Lease, any unexercised right or option of Tenant to renew or extend the term of the Lease or to expand the Premises (whether in the form of an expansion option, right of first offer or refusal, or any other similar right), and any outstanding tenant improvement allowance or other allowance not claimed and properly used by Tenant in accordance with the Lease as of such date, shall be deemed terminated and no longer available or of any further force or effect.

Appears in 3 contracts

Samples: Third Amendment (Mirum Pharmaceuticals, Inc.), Seventh Amendment (Coherus BioSciences, Inc.), Office Lease Agreement (GigOptix, Inc.)

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Limitations on Tenant’s Rights. Notwithstanding any contrary provision of the Lease, any unexercised right or option of Tenant to renew or extend the term of the Lease or to expand the Premises (whether in the form of an expansion option, right of first offer or refusal, or any other similar right), and any outstanding tenant improvement allowance or other allowance not claimed and properly used by Tenant in accordance with the Lease as of such date, shall be deemed terminated and no longer available or of any further force or effecteffect as of the date this Amendment is fully executed and delivered.

Appears in 1 contract

Samples: Seventh Amendment (Affymax Inc)

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Limitations on Tenant’s Rights. Notwithstanding any contrary provision of the Lease, any unexercised right or option of Tenant to renew or extend the term of the Lease or to expand the Premises (whether in the form of an expansion option, right of first offer or refusal, or any other similar right), and any outstanding tenant improvement allowance or other allowance not claimed and properly used by Tenant in accordance with the Lease as of such datethe date hereof (including, without limitation, the allowances referenced in Section 6 below), shall be deemed terminated and no longer available or of any further force or effect.

Appears in 1 contract

Samples: Tenth Amendment (Nutanix, Inc.)

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