Option to Holdover. In lieu of, but not in addition to, the then-existing option to extend the then-existing period constituting the Term under the Lease set forth in Paragraph 1 of this Rider, Tenant shall have one (1) option to extend the then-existing period constituting the Term under the Lease for any number of full calendar months up to six (6) full calendar months, provided that Tenant gives Landlord written notice of the exercise of such option on or before the date that is twelve (12) months prior to the expiration of the then-existing period constituting the Term under the Lease, and that at the time such notice is given and on the commencement of the extension term, the Lease is in full force and effect, Tenant is not in default under the Lease, no circumstance or event exists which with the passage of time or the giving of notice or both would constitute such a default and Tenant has not assigned the Lease in an assignment requiring Landlord’s consent or subleased all or substantially all of the Premises in a sublease requiring Landlord’s consent under any then-existing sublease. Such holdover term shall commence at 12:01 a.m. on the first day following the expiration of the then-existing period constituting the Term under the Lease. During such holdover term, all provisions of the Lease shall apply, except that: (a) the amount of the Basic Monthly Rent for each of the first three (3) calendar months, to the extent applicable, during such holdover term shall be one hundred ten percent (110%) of the Basic Monthly Rent payable by Tenant under the Lease for the final calendar month of the period constituting the Term under the Lease in which such option is exercised; and (b) the amount of the Basic Monthly Rent for each of the second three (3) calendar months, to the extent applicable, during such holdover term shall be one hundred twenty-five percent (125%) of the Basic Monthly Rent payable by Tenant under the Lease for the final calendar month of the period constituting the Term under the Lease in which such option is exercised.
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Option to Holdover. In lieu of, but not in addition to, the then-existing option to extend the then-existing period constituting the Term under the Lease set forth in Paragraph 1 of this Rider, Tenant shall have one (1I) option to extend the then-existing period constituting the Term under the Lease for any number of full calendar months up to six (6) full calendar months, provided that Tenant gives Landlord written notice of the exercise of such option on or before the date that is twelve (12) months prior to the expiration of the then-existing period constituting the Term under the Lease, and that at the time such notice is given and on the commencement of the extension term, the Lease is in full force and effect, Tenant is not in default under the Lease, no circumstance or event exists which with the passage of time or the giving of notice or both would constitute such a default and Tenant has not assigned the Lease in an assignment requiring Landlord’s consent or subleased all or substantially all of the Premises in a sublease requiring Landlord’s consent under any then-existing sublease. Such holdover term shall commence at 12:01 a.m. on the first day following the expiration of the then-existing period constituting the Term under the Lease. During such holdover term, all provisions of the Lease shall apply, except that:
(a) the amount of the Basic Monthly Rent for each of the first three (3) calendar months, to the extent applicable, during such holdover term shall be one hundred ten percent (110%) of the Basic Monthly Rent payable by Tenant under the Lease for the final calendar month of the period constituting the Term under the Lease in which such option is exercised; and
(b) the amount of the Basic Monthly Rent for each of the second three (3) calendar months, to the extent applicable, during such holdover term shall be one hundred twenty-five percent (125%) of the Basic Monthly Rent payable by Tenant under the Lease for the final calendar month of the period constituting the Term under the Lease in which such option is exercised. If Tenant timely exercises such option, Landlord and Tenant shall promptly enter into an amendment to the Lease reflecting the new Basic Monthly Rent and the new expiration date of the Lease. If Tenant fails to exercise such option in a timely manner, such option shall automatically terminate and cease to have any further force or effect. THIS AGREEMENT (this “Agreement”) is entered into as of the 5th day of December, 2005, between MILLROCK PARK EAST, LLC, a Utah limited liability company (“Landlord”) whose address is X.X. Xxx 00000, Xxxx Xxxx Xxxx, Xxxx 00000, and CHG HEALTHCARE SERVICES, INC., a Delaware corporation (“Tenant”), whose address is 0000 Xxxxx 000 Xxxx, Xxxxx 000, Xxxx Xxxx Xxxx, Xxxx 00000. FOR THE SUM OF TEN DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, Landlord and Tenant agree as follows:
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Option to Holdover. In lieu of, but not in addition to, the then-existing option to extend the then-existing period constituting the Term under the Lease set forth in Paragraph 1 of this Rider, Tenant shall have one (1) option to extend the then-existing period constituting the Term under the Lease for any number of full calendar months up to six (6) full calendar months, provided that Tenant gives Landlord written notice of the exercise of such option on or before the date that is twelve (12) months prior to the expiration of the then-existing period constituting the Term under the Lease, and that at the time such notice is given and on the commencement of the extension term, the Lease is in full force and effect, Tenant is not in default under the Lease, no circumstance or event exists which with the passage of time or the giving of notice or both would constitute such a default and Tenant has not assigned the Lease in an assignment requiring Landlord’s consent or subleased all or substantially all of the Premises in a sublease requiring Landlord’s consent under any then-existing sublease. Such holdover term shall commence at 12:01 a.m. on the first day following the expiration of the then-existing period constituting the Term under the Lease. During such holdover term, all provisions of the Lease shall apply, except that:
(a) the amount of the Basic Monthly Rent for each of the first three (3) calendar months, to the extent applicable, during such holdover term shall be one hundred ten percent (110%) of the Basic Monthly Rent payable by Tenant under the Lease for the final calendar month of the period constituting the Term under the Lease in which such option is exercised; and
(b) the amount of the Basic Monthly Rent for each of the second three (3) calendar months, to the extent applicable, during such holdover term shall be one hundred twenty-twenty- five percent (125%) of the Basic Monthly Rent payable by Tenant under the Lease for the final calendar month of the period constituting the Term under the Lease in which such option is exercised. If Tenant timely exercises such option, Landlord and Tenant shall promptly enter into an amendment to the Lease reflecting the new Basic Monthly Rent and the new expiration date of the Lease. If Tenant fails to exercise such option in a timely manner, such option shall automatically terminate and cease to have any further force or effect. THIS AGREEMENT (this “Agreement”) is entered into as of the 5th day of December, 2005, between MILLROCK PARK WEST, LLC, a Utah limited liability company (“Landlord”), whose address is X.X. Xxx 00000, Xxxx Xxxx Xxxx, Xxxx 00000, and CHG HEALTHCARE SERVICES, INC., a Delaware corporation (“Tenant”), whose address is 0000 Xxxxx 000 Xxxx, Xxxxx 000, Xxxx Xxxx Xxxx, Xxxx 00000. FOR THE SUM OF TEN DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, Landlord and Tenant agree as follows:
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Option to Holdover. In lieu of, but not in addition to, the then-existing option to extend the then-existing period constituting the Term under the Lease set forth in Paragraph 1 5 of this Rider, Tenant shall have one (1) option to extend the then-existing period constituting the Term under the Lease for any number of full calendar months up to six (6) full calendar months, provided that Tenant gives Landlord written notice of the exercise of such option on or before the date that is twelve (12) months prior to the expiration of the then-existing period constituting the Term under the Lease, and that at the time such notice is given and on the commencement of the extension term, (i) the Lease is in full force and effect, (ii) Tenant is not in default under the Lease, no circumstance or event exists which with the passage of time or the giving of notice or both would constitute such a default default, and (iii) Tenant has not assigned the Lease in an assignment requiring Landlord’s consent or subleased all or substantially all of the Premises in a sublease requiring Landlord’s consent under any then-existing sublease. Such holdover term shall commence at 12:01 a.m. on the first day following the expiration of the then-existing period constituting the Term under the Lease. During such holdover term, all provisions of the Lease shall apply, except that:
(a) the amount of the Basic Monthly Rent for each of the first three (3) calendar months, to the extent applicable, during such holdover term shall be one hundred ten percent (110%) of the Basic Monthly Rent payable by Tenant under the Lease for the final calendar month of the period constituting the Term under the Lease in which such option is exercised; and
(b) the amount of the Basic Monthly Rent for each of the second three (3) calendar months, to the extent applicable, during such holdover term shall be one hundred twenty-twenty- five percent (125%) of the Basic Monthly Rent payable by Tenant under the Lease for the final calendar month of the period constituting the Term under the Lease in which such option is exercised. If Tenant timely exercises such option, Landlord and Tenant shall promptly enter into an amendment to the Lease reflecting the new Basic Monthly Rent and the new expiration date of the Lease. If Tenant fails to exercise such option in a timely manner, such option shall automatically terminate and cease to have any further force or effect. The approximate location of the Point Monument Sign described in the foregoing Rider to Office Lease is shown on the attachment. The currently anticipated general design of Millrock Park is shown on the attachment, attached subject to the provisions of Paragraph 13 of the Rider. THIS AGREEMENT (this “Agreement”) is entered into as of the 5th day of December, 2005, between MILLROCK PARK ONE, LLC, a Utah limited liability company (“Landlord”), whose address is X.X. Xxx 00000, Xxxx Xxxx Xxxx, Xxxx 00000, and CHG HEALTHCARE SERVICES, INC., a Delaware corporation (“Tenant”), whose address is 0000 Xxxxx 000 Xxxx, Xxxxx 000, Xxxx Xxxx Xxxx, Xxxx 00000. FOR THE SUM OF TEN DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, Landlord and Tenant agree as follows:
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