RELOCATION OF LESSEE Sample Clauses

RELOCATION OF LESSEE. Lessor reserves the option and right to require Lessee to relinquish the Leased Premises and to relocate in another area of comparable size in the Building designated by Lessor. Lessor shall be responsible for all expenses with respect to any required location and all repairs necessary to the designated area to conform with Lessee's requirements under this Agreement. If the Lessor elects to relocate the Lessee, the area to which the Lessee is relocated shall be deemed the Leased Premises for all purposes and this Agreement shall continue in full force and effect for the remainder of the term.
AutoNDA by SimpleDocs
RELOCATION OF LESSEE. Upon at least 60 days' notice to Lessee, Lessor shall have the right to relocate Lessee within the building in lease space which is the same size or larger and suited to Lessee's use. Such relocation shall be made at Lessor's sole expense, including necessary reprinting of Lessee's stationary, envelopes, business cards, door signs, etc. Rent shall not be increased if the relocation office space is larger or better quality. Relocation date shall be contained in the relocation notice referred to above. Lessor shall not be liable to Lessee in connection with such relocation except for undue delay or property damages caused by Lessor or Lessor's employees, agents, or contractors.
RELOCATION OF LESSEE. Lessor reserves the right, at its option, to transfer and remove Lessee from the Premises to any other available space in the Property of substantially equal size, and area and equivalent Base Rental per square foot. Lessor shall bear the expense of said removal as well as the expense of any renovations or alterations necessary to make the new space substantially conform in layout and appointment with the original Premises.
RELOCATION OF LESSEE. In the event of a termination of this Lease as a result of damage, destruction or taking, Lessor shall take reasonable steps to grant Lessee a leasehold interest, similar to the interest created by this Lease, in another tract that it owns, if such other tract can reasonably be made available. In accepting such a leasehold interest, Lessee agrees to contribute any proceeds or award received by Lessee to purchase or develop Improvements on such tract. Lessor’s failure to supply such a leasehold interest shall not give rise to any cause of action by Lessee against Lessor.
RELOCATION OF LESSEE. At Lessor's written request, Lessee shall move from the Premises to any other premises and location in the Office Building Project designated by Lessor. In the event of such relocation, the new premises and location shall be substituted for the Premises described in Paragraph 1.2 of this Lease, but all other terms of the Lease shall remain the same, with the exception that the rent provided for in the Lease shall be abated during such reasonable period that Lessee is closed for business as a result of its relocation; provided, however, that Lessee shall not be moved to premises of substantially less square footage than those of the Premises described in said Paragraph 1.2 and provided further, that Lessor shall reimburse Lessee for all actual cash moving expenses reasonably incurred by Lessee in relocating to a new premises and for the reasonable *costs of fixturization of the new premises comparable to the Premises. It is understood and agreed that Lessor will relocate Lessee only for sound business practices and the overall betterment of the Office Building Project.
RELOCATION OF LESSEE. In the event of a termination of this Land Lease by reason of damage, casualty or taking, Land Owner shall take reasonable steps to grant Land Lessee a leasehold interest in another tract that it owns, if such other tract is available and Land Lessee agrees to contribute any proceeds or award received by Land Lessee to purchase or develop such other property and enter a Land Lease substantially similar to this one. In no event shall Land Owner be required to terminate the tenancy of any other lessee or withhold any property from development or rental so as to accommodate Land Lessee, and Land Owner's failure to supply similar leasehold premises or any premises whatsoever shall not give rise to any cause of action by Land Lessee against Land Owner for damages, specific performance or other remedy.
RELOCATION OF LESSEE. Paragraph deleted. A. The size, configuration, nature, and decor of the New Premises shall be substantially the same as the size, configuration, nature, and decor of the Existing Premises unless Lessor and Lessee otherwise agree in 31 writing. For purposes hereof, the size of the New Premises shall be deemed substantially the same if it varies in size by no more than ten percent (10%) of the square footage of the Existing Premises; B. Actual moving costs paid to third-party service providers, the costs to disconnect and reconnect utilities and telephone service, and the cost of installing permanent improvements (as distinguished from trade fixtures, equipment, furniture, furnishings, and other personal property belonging to Lessee) in the New Premises, so that the permanent improvements therein are substantially the same or better than those in the Existing Premises, shall be borne entirely by Lessor. In any event, Lessor shall not be liable to Lessee for any loss of profits incurred by Lessee during or due to such relocation; C. Indirect costs incurred by Lessee as a result of the relocation, including costs incurred in changing addresses on stationery, business cards, and advertising Lessee's change in location, shall be reimbursed to Lessee by Lessor, in an amount not to exceed One Thousand Dollars ($1,000.00), upon presentation to Lessor of paid bills for said incurred indirect costs; X. Xxxxxx shall give Lessee at least sixty (60) days' prior written notice of Lessor's intent to relocate Lessee to the New Premises; E. The Fixed Minimum Monthly Rent for the New Premises shall be the prevailing market rate for the New Premises, expressed on a per-square. foot basis, as reasonably determined by Lessor, but provided that in no event shall the Fixed Minimum Monthly Rent for the New Premises be less than the then. current Fixed Minimum Monthly Rent for the Existing Premises as determined under Paragraph 4. The prevailing market rental rate shall be determined by Lessor and certified as accurate by a licensed California real estate broker, selected by, but not affiliated with, Lessor, who has maintained offices within a ten-(10) mile radius of the location of the New Premises for at least one (I) year immediately preceding Lessor's notice to relocate the Existing Premises; and X. Xxxxxx and Lessee shall promptly execute an amendment to this Lease reciting the relocation of the Existing Premises to the New Premises and any changes in the Fixed Minimum Monthly...
AutoNDA by SimpleDocs
RELOCATION OF LESSEE. In the event of a termination of this Lease as a result of damage, destruction or taking, Lessor may, but shall not be obligated to grant
RELOCATION OF LESSEE. Upon at least 60 days notice to Lessee, Lessor shall have the right to relocate Lessee within the building in lease space which is reasonably suited for Lessee's use. Such relocation shall be made at Lessor's sole expense limited to reasonable moving, improvement, and administrative expense. Rent per square foot shall not be increased if the relocation space is larger. Relocation date shall be contained in the relocation notice referred to above. Lessor shall not be liable to Lessee in connection with such relocation other than for those expenses referred to above.
RELOCATION OF LESSEE. In the event the Premises now or hereafter is comprised of less than 5,000 square feet of area, Lessor shall have the right, upon not less than thirty (30) days written notice, to transfer and remove Lessee from the Premises to any other space of substantially equivalent size and area in the Building or any other buildings known as Phoenix City Square located in Phoenix, Arizona. Lessor shall bear the expense of removal as well as the expense of any renovation and alteration, necessary to make the new premises conform in arrangement with the premises covered by this Lease.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!