Common use of Procedure for Offer Clause in Contracts

Procedure for Offer. Landlord shall notify Tenant (the “First Offer Notice”) from time to time when any First Offer Space becomes available for lease to third parties. Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth the “First Offer Rent,” as that term is defined, below, and the other economic terms upon which Landlord is willing to lease such space to Tenant.

Appears in 1 contract

Samples: Lease Agreement (Silicon Image Inc)

AutoNDA by SimpleDocs

Procedure for Offer. Landlord shall notify Tenant (the "First Offer Notice") from time to time when any Landlord determines that the First Offer Space becomes will become available for to lease to third parties. Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The First Offer Notice shall will describe the space so offered to Tenant First Offer Space and shall set forth the "First Offer Rent,” " as that term is defined, below, and the other economic terms upon which Landlord is willing to lease such space to Tenantdefined herein.

Appears in 1 contract

Samples: Lease Amendment (Interactive Telesis Inc)

Procedure for Offer. Landlord shall notify Tenant (the “a "First Offer Notice") from time to time when any the First Offer Space becomes will become available for lease to third partiesparties (other than Superior Right Holders). Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The A First Offer Notice shall describe the space so offered to Tenant and shall set forth the “First Offer Rent,” as that term is defined, below, and the other economic terms upon which Landlord is willing to lease such space to Tenant.

Appears in 1 contract

Samples: Lease Agreement (Redenvelope Inc)

Procedure for Offer. Landlord shall notify Tenant (the “First Offer Notice”) from time to time when any Landlord determines, in Landlord’s good faith discretion, that the First Offer Space becomes or is expected to become available for lease to third partiesparties (where no holder of a Superior Right desires to lease such space). Pursuant to The economic terms and conditions of Tenant’s lease of such First Offer Notice, Landlord Space shall offer to lease to Tenant the then available First Offer Space. The be as provided in Landlord’s First Offer Notice shall describe the space so offered to Tenant and shall set forth the (“First Offer Rent,” as that term is defined, below, and the other economic terms upon which Landlord is willing to lease such space to TenantEconomic Terms”).

Appears in 1 contract

Samples: Sublease (Assembly Biosciences, Inc.)

Procedure for Offer. Landlord shall notify Tenant (the “First Offer Notice”) from time to time when any Landlord reasonably anticipates that the First Offer Space becomes will become available for lease to third parties. Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The First Offer Notice shall describe specify the space so offered to Tenant terms and shall set forth the “First Offer Rent,” as that term is defined, below, and the other economic terms conditions upon which Landlord is willing to lease such space the First Offer Space to Tenant., provided that the Superior Right Holder does not wish to lease the First Offer Space. Initial Initial

Appears in 1 contract

Samples: Office Lease (TrueCar, Inc.)

Procedure for Offer. Landlord shall notify Tenant in writing (the “"First Offer Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space becomes because such space shall become available for lease to third parties. Pursuant to such First Offer Notice, Landlord shall offer where no holder of a Superior Right desires to lease to Tenant the then available First Offer Spacesuch space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth the “First Offer Rent,” as that term is defined, below, and the other Landlord's proposed economic terms upon which Landlord is willing and conditions applicable to Tenant's lease of such space to Tenant(coIlectively, the "Economic Terms").

Appears in 1 contract

Samples: Office Lease (Ticketmaster)

Procedure for Offer. Landlord shall notify Tenant (the “First Offer Notice”) from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space becomes because such space shall become available for lease to third parties. Pursuant to such First Offer Notice, Landlord shall offer where no holder of a Superior Right desires to lease to Tenant the then available First Offer Spacesuch space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth all of the material economic terms and conditions applicable to Landlord’s proposed leasing of such space (collectively, the “First Offer Rent,” as that term is defined, below, and the other economic terms upon which Landlord is willing to lease such space to TenantEconomic Terms”).

Appears in 1 contract

Samples: Standard NNN Lease (3PAR Inc.)

Procedure for Offer. Landlord shall notify Tenant (the “First Offer Notice”) from time to time when any the First Offer Space becomes available for lease to third parties, provided that no Superior Right Holder wishes to lease such space. Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth the “First Offer Rent,” as that term is defined, defined in Section 1.2.3 below, and the other economic terms upon which Landlord is willing to lease such space to Tenant.

Appears in 1 contract

Samples: Office Lease (LoopNet, Inc.)

AutoNDA by SimpleDocs

Procedure for Offer. Landlord shall notify Tenant (the "First Offer Notice") from time to time when any and if the First Offer Space or any portion thereof becomes available for lease to third parties, provided no Superior Right Holder wishes to lease such space. Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth the “First Offer Rent,” as that term is defined, below, and the other economic terms upon which Landlord is willing to lease such space to Tenant.First

Appears in 1 contract

Samples: Office Building Lease (Aames Financial Corp/De)

Procedure for Offer. Landlord shall notify Tenant (the a “First Offer Notice”) from time to time when any the First Offer Space or any portion thereof becomes available for lease to third partiesparties (other than Superior Right Holders). Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The A First Offer Notice shall describe the space so offered to Tenant and shall set forth the “First Offer Rent,” as that term is defineddefined in Section 1.3.3, below, and the other economic terms upon which Landlord is willing to lease such space to Tenant.

Appears in 1 contract

Samples: Office Lease (Ixia)

Procedure for Offer. Landlord shall notify Tenant (the “First Offer Notice”) from time to time when any Landlord reasonably anticipates that the First Offer Space becomes will become available for lease to third parties. Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The First Offer Notice shall describe specify the space so offered to Tenant terms and shall set forth the “First Offer Rent,” as that term is defined, below, and the other economic terms conditions upon which Landlord is willing to lease such space the First Offer Space to Tenant, provided that no Superior Right Holder wishes to lease the First Offer Space in accordance with their superior rights.

Appears in 1 contract

Samples: Lease Agreement (TrueCar, Inc.)

Procedure for Offer. Landlord shall notify Tenant (the "First Offer Notice") from time to time when any the First Offer Space or any portion thereof becomes available for lease to third parties, provided that no Superior Right Holder wishes to lease such space. Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth the “First Offer Rent,” as that term is defined, below, and the other economic terms upon which Landlord is willing to lease such space to Tenant.First

Appears in 1 contract

Samples: Lease (Maxicare Health Plans Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!