Offer Space. The First Offer Notice shall describe the First Offer Space so offered to Tenant and shall set forth the Base Rent and additional rent (the "First Offer Rent"), the term for such lease of space, and the other material lease terms upon which Landlord is willing to lease such First Offer Space to Tenant.
Offer Space. If Tenant desires to discuss expanding the then-existing Premises by taking additional space on or between the third (3rd) and sixteenth (16th) floors of the Building (for such purposes, an “Offer Space”), then Tenant may notify Landlord in writing of such desire (an “Expansion Notice”), including Tenant’s estimate of how much Rentable Square Footage it desires to potentially lease (the “Offer Space Size Estimate”), and, in such event, Landlord and Tenant shall meet in good faith as soon as reasonably possible to discuss such desire of Tenant (an “Expansion Meeting”); provided, that, notwithstanding anything to the contrary contained herein, no more than one (1) Expansion Notice shall be delivered by Tenant in any calendar year and no more than one (1) Expansion Meeting shall take place in any calendar year. At the Expansion Meeting, Landlord shall notify Tenant of any Offer Space falling in the approximate range of the Offer Space Size Estimate that Landlord in good faith expects to become available to lease during the next twelve (12) months (without limiting the generality of the foregoing, the parties specifically acknowledge and agree that any Offer Space that is then the subject of bona-fide, ongoing negotiations between Landlord and any third party (i.e., as evidenced by an agreed-upon and then-applicable letter of intent or then-applicable lease negotiations) shall not be deemed available for such purposes), and, at any time within ten (10) days following the date of the Expansion Meeting, Tenant may deliver in writing to Landlord a request (a “Delivery Request”) that Landlord deliver to Tenant an Offer Notice (as defined below) with respect to any such Offer Space. The parties specifically acknowledge and agree that only a Delivery Request delivered by Tenant to Landlord in writing in strict accordance with the foregoing shall be deemed valid, and that any other attempt at a Delivery Request shall be deemed void and without force or effect. The parties specifically acknowledge and agree that Tenant’s rights under this Article 55 shall be subject and subordinate to any rights of other tenants and occupants existing as of the Lease Date, and the right of Landlord to extend or renew the lease or other occupancy agreement of any tenant or other occupant of any Offer Space or to enter into a new lease or other occupancy agreement with such tenant or other occupant in lieu of an extension or renewal, regardless of whether or not such tenant or other occ...
Offer Space. Notwithstanding anything to the contrary in this Lease, Landlord and Tenant acknowledge and agree that neither the Phase 1 Expansion Space nor the Phase 2 Expansion Space is contiguous Offer Space (as defined in the Lease) subject to the expansion rights set forth in Article 36 of the Lease.
Offer Space. 22 ARTICLE 30
Offer Space. The Minimum Annual Rent for the Right of First Offer Space shall be equal to the rate which is then being quoted by Landlord to prospective new tenants for the Right of First Offer Space, provided, however, that in no event shall Tenant's Minimum Annual Rent per square foot for the Right of First Offer Space be less than the highest Minimum Annual Rent per square foot payable during the original Lease Term for the original Leased Premises. The Minimum Annual Rent for the original Leased Premises during any such extended term shall be an amount equal to the Minimum Annual Rent then being quoted by Landlord to prospective new tenants of the Building for space of comparable size and quality and with similar or equivalent improvements as are found in the Building, and if none, then in similar buildings in the vicinity, provided, however, that in no event shall the Minimum Annual Rent during such extended term be less than the highest Minimum Annual Rent payable during the Lease Term for the original Leased Premises.
Offer Space. If, at any time during the Lease Term, after the expiration of one hundred eighty (180) days following the first applicable Expansion Commencement Date, any space that is located on the first (1st) or fourth (4th) floors of Building 8, becomes “available for lease”, Landlord shall give Tenant written notice (“Building 8 Offer Space Notice”) of such event. Such notice shall identify the location, configuration and size of the space (“Building 8 Offer Space”), as well as the applicable business terms under which Landlord is willing to lease such space (such as duration, commencement date, concessions, base rent, and additional rent). Within ten (10) business days after the date the Building 8 Offer Space Notice is given to Tenant, the time of giving of such notice to be of the essence of this Section, Tenant shall give Landlord written notice (“Building 8 Offer Acceptance Notice”) of its election to lease the entire Building 8 Offer Space. Space shall not be considered “available for lease” if it is leased by another tenant or is subject to an expansion option or prior right held by another tenant, or if the existing tenant of such space desires to renew or extend its lease.
Offer Space. The First Offer Notice shall describe the space so offered to Lessee and shall set forth the "First Offer Rent," as that term is defined in Paragraph 62.3 ---- below, and the other economic terms upon which Lessor is willing to lease such space to Lessee.
Offer Space. Upon agreement Tenant shall provide Landlord with a written notice and Landlord and Tenant shall enter into the Right of First Offer Amendment in accordance with the terms and conditions hereof. Notwithstanding the foregoing, if Landlord and Tenant are unable to agree upon the Prevailing Market for First Offer Space within 30 days after the date on which Tenant provides Landlord with Tenant's Election Notice, either party, by written notice to the other (the "First Offer Arbitration Notice") within 5 Business Days after the expiration of such 30 day period, shall have the right to have the Prevailing Market for First Offer Space determined in accordance with the following procedures. If neither party EXHIBIT E -8-
Offer Space. If at any time during the Expansion Term, all or any portion of Suite 602 comprising an agreed upon 4,021 rentable square feet, or the hallway to be converted by Landlord to 490 rentable square feet (both as shown on Exhibit A), becomes “available for lease” (i.e., Landlord desires to actively market such space), Landlord shall give Tenant written notice (“Sixth Floor Offer Space Notice”) of such event. Such notice shall identify the location, configuration and size of the space (“Sixth Floor Offer Space”). The applicable business terms under which Landlord will lease such space (such as duration, commencement date, concessions, base rent, and additional rent), shall be the same terms applicable to the Expansion Premises as set forth in this Amendment. Within ten (10) business days after the date that any Sixth Floor Offer Space Notice is given to Tenant, Tenant shall give Landlord written notice (“Sixth Floor Offer Space Acceptance Notice”) of its election to lease such Sixth Floor Offer Space and the parties shall thereafter execute an amendment to the Lease incorporating such Sixth Floor Offer Space as part of the Total Premises. Space shall not be considered “available for lease” if it is leased by another tenant. Notwithstanding the foregoing, Landlord shall keep Tenant apprised as to the status of all of the Sixth Floor Offer Space so that Tenant has advance notice as to when all or any portion of the Sixth Floor Offer Space becomes “available for lease.”
Offer Space. If, at any time during the initial Term and the Extension Option has not lapsed, in the event that Landlord or any party affiliated with Riverside Resources, but not in the event such property is developed through a partnership with a third party at arms length, intends to develop the site adjacent to the Property into a Class A office building, Landlord shall give Tenant written notice (“Offer Space Notice”) of such event. Such notice shall identify the location, configuration and approximate size of the office area of such building (“Offer Space”), as well as the applicable business terms under which Landlord is willing to lease such space (such as duration, commencement date, concessions, base rent, and additional rent). Within thirty (30) days after the date the Offer Space Notice is given to Tenant, the time of giving of such notice to be of the essence of this Section, Tenant shall give Landlord written notice (“Offer Acceptance Notice”) of its election to lease the entire Offer Space. If less than two (2) years remain on the initial Term of this Lease, then Tenant must exercise the Extension Option at the same time it gives the Offer Acceptance Notice. If Tenant exercises its rights under this Section 2, Tenant shall be deemed to have waived the Termination Option set forth in Section 3. If Landlord is ever not a party affiliated with Riverside Resources, Tenant agrees to enter into a separate agreement with the owner of the Offer Space (if a party affiliated with Riverside Resources) on the terms of this Section 2, and thereby release Landlord from all obligations with respect thereto.