Refusal Space Amendment. If Tenant exercises its Right of First Refusal, Landlord shall prepare an amendment (the “Refusal Space Amendment”) adding the Refusal Space to the Premises on the terms set forth in the Advice and reflecting the changes in the Base Rent, Rentable Square Footage of the Premises, Tenant’s Pro Rata Share and other appropriate terms. A copy of the Refusal Space Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, and Tenant shall execute and return the Refusal Space Amendment to Landlord within 15 days thereafter, but an otherwise valid exercise of the Right of First Refusal shall be fully effective whether or not the Refusal Space Amendment is executed.
Refusal Space Amendment. If Tenant duly exercises its Right of First Refusal, Landlord and Tenant shall, within 14 days after Tenant exercises such right, execute an amendment to the Lease adding the Refusal Space to the Premises on the terms set forth in the Advice. If Tenant fails to execute such amendment within such 14-day period, then Tenant’s exercise of the Right of First Refusal shall automatically become void and this Section VIII shall thereupon terminate and have no further force or effect.
Refusal Space Amendment. If Tenant exercises its Right of First Refusal for a particular Refusal Space, Landlord shall prepare an amendment (in each instance, a "Refusal Space Amendment") adding such Refusal Space to the Premises on the terms set forth in the Advice for such Refusal Space and other non-conflicting terms of the Lease, and reflecting the changes in the Base Rent, Rentable Square Footage of the Premises, Tenant's Pro Rata Share and other appropriate terms. A copy of the Refusal Space Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, and Landlord and Tenant shall execute and deliver the Refusal Space Amendment within 15 days finalizing the same, but an otherwise valid exercise of Tenant’s Right of First Refusal for such Refusal Space shall be fully effective whether or not a Refusal Space Amendment is executed.
Refusal Space Amendment. If Tenant exercises its Right of First Refusal, Landlord shall prepare an amendment (the “Refusal Space Amendment”) adding the Refusal Space to the Premises in accordance with the provisions set forth above and reflecting the changes in the Yearly Rent, Total Rentable Area of the Premises, Xxxxxx’s Proportionate Share and other appropriate terms. A copy of the Refusal Space Amendment shall be sent to Tenant within a reasonable time after Xxxxxxxx’s receipt of the Notice of Exercise executed by Xxxxxx, and Tenant shall execute and return the Refusal Space Amendment to Landlord within fifteen
Refusal Space Amendment. If Tenant validly exercises its Right of First Refusal, Landlord shall prepare an amendment (the “Refusal Space Amendment”) adding the Refusal Space to the Premises on the terms set forth in the ROFR Advice and reflecting the changes in the Base Rent, the face amount of the Letter of Credit (which shall be increased by an amount equal to twelve (12) months of the Base Rent for the subject Refusal Space in effect during the last rental period of the then current Term with respect to the subject Refusal Space), rentable square footage of the Premises, Tenant’s Percentage Share and other appropriate terms. A copy of the Refusal Space Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, and Tenant shall execute (or make good faith corrective comments to) and return the Refusal Space Amendment to Landlord within ten (10) business days thereafter, but an otherwise valid exercise of the Right of First Refusal shall be fully effective whether or not the Refusal Space Amendment is executed.
Refusal Space Amendment. 1. If Tenant exercises its Right of First Refusal, Landlord shall prepare an amendment (the "Refusal Space Amendment") adding the Refusal Space to the Premises on the terms set forth in the Advice and reflecting the changes in the Base Rental, Rentable Area of the Premises, Tenant's Pro Rata Share and other appropriate terms.
2. A copy of the Refusal Space Amendment shall be (i) sent to Tenant within a reasonable time after Landlord's receipt of the Notice of Exercise, and (ii) executed by Tenant and returned to Landlord within ten (10) Business Days thereafter, but an otherwise valid exercise of the Right of First Refusal shall, at Landlord's option, be fully effective whether or not the Refusal Space Amendment is executed.
Refusal Space Amendment. If Tenant exercises its Right of First Refusal, Landlord shall prepare an amendment (the “Refusal Space Amendment”) adding the Refusal Space to the Premises on the terms set forth in this Section II and the Advice and reflecting the changes in the Base Rent, Rentable Square Footage of the Premises, Tenant’s Pro Rata Share and other appropriate terms. A copy of the Refusal Space Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, and, upon Tenant’s reasonable approval of such amendment, which Tenant agrees to promptly review and comment on and to work to finalize the same as quickly as possible, Tenant shall promptly execute and return the Renewal Amendment to Landlord. An otherwise valid exercise of the Right of First Refusal shall be fully effective whether or not the Refusal Space Amendment is executed.
Refusal Space Amendment. If Tenant is entitled to and properly exercises its Right of Refusal, Landlord, within a reasonable time thereafter, shall prepare and deliver to Tenant an amendment in commercially reasonable form and substance (for purposes of this Amendment, the "Refusal Amendment") reflecting changes in the Base Rent, the term of the Lease for the Refusal Space, the expiration date of the Lease for the Refusal Space, and other reasonably appropriate terms related to the Refusal Space; and, within 15 days after receiving it, Tenant shall either execute and return the Refusal Amendment to Landlord or provide to Landlord reasonable comments thereto. Such process shall be repeated until the Refusal Amendment is acceptable to both parties, as evidenced by their mutual execution and delivery thereof. Notwithstanding the foregoing, an otherwise valid exercise of the Right of Refusal shall be fully effective whether or not the Refusal Amendment is executed.
Refusal Space Amendment. If Tenant exercises its Right of First Refusal, Landlord shall prepare an amendment (the "REFUSAL SPACE AMENDMENT") adding the applicable portion of the Refusal Space to the Premises on the terms set forth in the ROFR Advice and reflecting the changes in the Base Rent, Rentable Square Footage of the Premises, Tenant's Pro Rata Share and other appropriate terms. A copy of the Refusal Space Amendment shall be sent to Tenant within a reasonable time after Landlord's receipt of the ROFR Notice of Exercise executed by Tenant, and Tenant shall execute and return the Refusal Space Amendment to Landlord within 15 days thereafter, but an otherwise valid exercise of the Right of First Refusal shall be fully effective whether or not the Refusal Space Amendment is executed. EXHIBIT F NOTICE OF LEASE Notice is hereby given pursuant to Massachusetts General Laws, Chapter 183, Section 4 of the following lease:
1. LANDLORD: [insert name of landlord as shown in lease]
2. TENANT: [insert name of tenant as shown in lease]
3. DATE OF LEASE: _____________ __,____.
4. PREMISES: [describe premises as described in lease, e.g.," _______ rentable square feet of space as more particularly described in the Lease on the _____ floor of the buildings known as and numbered_________________, ________Massachusetts, and more particularly described on EXHIBIT A attached hereto"].
5. LEASE TERM: [insert lease term without extensions].
6. EXTENSION RIGHTS: [insert extension options, e.g., "Two (2) options to extend the term for five (5) years each, on the terms and conditions provided for by the Lease." If there are no extension rights, delete #6]. The foregoing is a summary of certain terms of the Lease for purposes of giving notice thereof, and shall not be deemed to modify or amend the terms of the Lease. [USEFUL BUT NOT NECESSARY: FOR LANDLORD'S TITLE, SEE DEED OF ____________________ TO LANDLORD DATED ___________, ____ RECORDED WITH THE_____________ REGISTRY OF DEEDS IN BOOK ____, PAGE ___ ]. This Notice is executed under seal this ___ day of ___________________, _______. LANDLORD: [INSERT NAME OF LANDLORD] By: ------------------------------- Name: Title: TENANT: [INSERT NAME OF TENANT] By: ------------------------------- Name: Title: XXX XXXXXXXXXXXX XX XXXXXXXXXXXXX ___________, ss. On this ___ day of ___________ 20___, before me, the undersigned notary public, personally appeared _____________________, proved to me through satisfactory evidence of identification, which was / / photogra...
Refusal Space Amendment. If Tenant exercises its Right of First Refusal, Landlord shall prepare an amendment (the "Refusal Space Amendment") adding the Refusal Space to the Premises on the terms set forth in the Advice and reflecting the changes in the Exhibit 10.26
