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 Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space (collectively, the "ECONOMIC TERMS"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last six (6) months of the initial Term unless Tenant and Landlord shall have previously extended the Term, in writing.

Appears in 2 contracts

Samples: Office Lease (UC Hub Group Inc), Office Lease (UC Hub Group Inc)

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Procedure for Offer. Landlord shall notify Tenant (the "FIRST -------------------- OFFER NOTICEFirst Offer Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space (collectively, the "ECONOMIC TERMSEconomic Terms"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last six eight (6) 8) months of the initial Lease Term unless Tenant and has timely delivered Tenant's Acceptance to Landlord shall have previously extended the Term, in writingpursuant to Article 31 above.

Appears in 2 contracts

Samples: Standard Office Lease (Netzero Inc), Standard Office Lease (United Online Inc)

Procedure for Offer. Landlord shall notify Tenant (the "FIRST -------------------- OFFER NOTICEFirst Offer Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed material economic terms and conditions applicable to Tenant's lease of such space (collectively, the "ECONOMIC TERMSEconomic Terms"), including the proposed term of lease and the proposed rent payable for the First Offer Space and shall specifically refer to Section 6.1 of this Third Amendment. Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last six twelve (612) months of the initial Extended Term or any Option Period unless Tenant and Landlord shall have previously extended the Term, in writinghas timely exercised an upcoming extension Option.

Appears in 1 contract

Samples: Lease (Taylor Capital Group Inc)

Procedure for Offer. Landlord shall notify Tenant (the "FIRST -------------------- OFFER NOTICEFirst Offer Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space space, including the proposed term (collectively, the "ECONOMIC TERMSEconomic Terms"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last six (6) months of the initial Term unless Tenant and has delivered a notice to Landlord shall have previously extended indicating Tenant's exercise of its option to extend the Term, in writingLease pursuant to Section 3.2 below.

Appears in 1 contract

Samples: Office Lease (Allos Therapeutics Inc)

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Procedure for Offer. Landlord shall notify Tenant (the "FIRST -------------------- OFFER NOTICEFirst Offer Initials: -8- Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed material economic terms and conditions applicable to Tenant's lease of such space (collectively, the "ECONOMIC TERMSEconomic Terms"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last six nine (69) months of month period preceding the initial Term unless Tenant and Landlord shall have previously extended the Term, in writingExpiration Date.

Appears in 1 contract

Samples: Standard Office Lease (Alloy Inc)

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 because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space space, including the proposed term (collectively, the "ECONOMIC TERMS"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last six (6) months of the initial Term unless Tenant and has delivered a notice to Landlord shall have previously extended indicating Tenant's exercise of its option to extend the Term, in writingLease pursuant to Section 3.2 below.

Appears in 1 contract

Samples: Office Lease (Allos Therapeutics)

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