RELOCATION BY LESSEE. Lessor hereby reserves the right, at its sole expense and on at least ninety (90) days’ prior written notice, to require Lessee to move from the Premises to other space within the Complex of comparable size and decor in order to permit Lessor to consolidate the space leased to Lessee with any other space leased or to be leased provided, however, that in the event of receipt of any such notice, Lessee, by written notice to Lessor, may elect not to move to the other space and in lieu thereof terminate this Lease effective sixty (60) days after the date of the original notice of relocation by Lessor. In the event Lessee elects to terminate as aforesaid, Lessor shall have the option to withdraw its exercise of the relocation option. In the event of any such relocation, Lessor will pay all expenses of preparing and decorating the new premises so that they will be substantially similar to the Premises from which Lessee is moving and Lessor will also pay the expense of moving Lessee’s furniture and equipment to the relocated premises. In such event, this Lease and each and all of the terms, covenants and conditions hereof, shall remain in full force and effect and thereupon be deemed applicable to such new space except that the description of the Premises shall be revised and if applicable Lessee’s Percentage shall likewise be revised.
Appears in 2 contracts
Samples: Lease Agreement (Wave2Wave Communications, Inc.), Lease Agreement (Wave2Wave Communications, Inc.)
RELOCATION BY LESSEE. Lessor hereby reserves the right, at its sole expense and on at least ninety (90) days’ ' prior written notice, to require Lessee to move from the Premises to other space within the Complex of comparable size and decor in order to permit Lessor to consolidate the space leased to Lessee with any other space leased or to be leased provided, however, that in the event of receipt of any such notice, Lessee, by written notice to Lessor, may elect not to move to the other space and in lieu thereof terminate this Lease effective sixty (60) days after the date of the original notice of relocation by Lessor. In the event Lessee elects to terminate as aforesaid, Lessor shall have the option to withdraw its exercise of the relocation option. In the event of any such relocation, Lessor will pay all expenses of preparing and decorating the new premises so that they will be substantially similar to the Premises from which Lessee is moving and Lessor will also pay the expense of moving Lessee’s 's furniture and equipment to the relocated new premises. In such event, this Lease and each and all of the terms, covenants and conditions hereof, shall remain in full force and effect and thereupon be deemed applicable to such new space except that the description of the Premises shall be revised and if applicable Lessee’s 's Percentage shall likewise be revised.
Appears in 2 contracts
Samples: Lease Agreement (Goamerica Inc), Lease Agreement (Goamerica Inc)
RELOCATION BY LESSEE. Lessor hereby reserves the right, at its sole expense and on at least ninety (90) days’ ' prior written noticenotice but not more than once during the Term, to require Lessee to move from the Premises to other space within the Complex of comparable size and decor in order to permit Lessor to consolidate the space leased to Lessee with any other space leased or to be leased provided, however, that in the event of receipt of any such notice, Lessee, by written notice to Lessor, may elect not to move to the other space and in lieu thereof terminate this Lease effective sixty (60) days after the date of the original notice of relocation by Lessor. In the event Lessee elects to terminate as aforesaid, Lessor shall have the option to withdraw its exercise of the relocation option. In the event of any such relocation, Lessor will pay all expenses of preparing and decorating the new premises so that they will be substantially similar to the Premises from which Lessee is moving and Lessor will also pay the expense of moving Lessee’s 's furniture and equipment to the relocated premisespremises as well as the cost of installing telephone, internet and computer wiring therein. In such event, this Lease and each and all of the terms, covenants and conditions hereof, shall remain in full force and effect and thereupon be deemed applicable to such new space except that the description of the Premises shall be revised and if applicable Lessee’s 's Percentage shall likewise be revised.
Appears in 1 contract
Samples: Lease Agreement (Goamerica Inc)