Relocation of the Premises Sample Clauses

Relocation of the Premises. (a) In the event the Demised Premises leased to Tenant contain less than one-half (1/2) of the total square feet of Rentable Floor Area on the floor on which the Demised Premises are located, Landlord reserves the right as any time or from time to time, at its option and upon giving not less than thirty (30) days' prior written notice to Tenant, to transfer and remove Tenant from the Demised Premises herein specified to any other available rooms and offices of substantially equal size and area in the Building (or other building in the development of which the Building is a part) and at an equivalent Base Rental. Landlord shall bear the expense of said removal together with the reasonable expense of replacement business cards and stationery and the expense of any renovation or alterations to said substituted space necessary to make the same substantially conform in arrangement and layout to the original space described in this Lease. If Landlord exercises such option, then the substituted space shall for all purposes hereof be deemed to be and to constitute the Demised Premises under this Lease and all terms, conditions, covenants, warranties, agreements and provisions of this Lease including but not limited to the same Base Rental Rate per square foot of Rentable Floor Area shall continue in full force and effect and shall apply to the substituted space. Tenant agrees to vacate the Demised Premises herein specified and relocate to said substituted space promptly after the substituted space is ready for Tenant's occupancy as provided herein, and Tenant's failure to do so shall constitute an event of default by Tenant under this Lease. (b) In the event the Demised Premises leased to Tenant contain less than one-half (1/2) of the total square feet of Rentable Floor Area on the floor on which the Demised Premises are located, Landlord shall have the right to terminate this Lease effective at any time during the final twelve (12) months of the Lease Term upon giving written notice of such election to Tenant at least ninety (90) days prior to the effective date of such termination. In the event Landlord shall exercise such option to terminate this Lease, Landlord shall bear the cost of moving Tenant's furniture, files and other personal property from the Demised Premises to other office space in the Metropolitan Knoxville, Tennessee area selected by Tenant, and in addition, the Base Rental for the last month of Tenant's occupancy of the Demised Premises shall be...
AutoNDA by SimpleDocs
Relocation of the Premises. Landlord at its sole cost and expense, reserves the right to relocate the Premises to substantially comparable space within the Building, pursuant to this Section 27.24. Landlord will give Tenant a written notice of its intention to relocate the Premises, and Tenant will complete such relocation within 60 days after receipt of such written notice. If the space to which Landlord proposes to relocate Tenant is not substantially comparable to the Premises, Tenant may so notify Landlord, and if Landlord fails to offer space satisfactory to Tenant, Landlord may not relocate the Tenant. If Tenant does relocate within the Project, then effective on the date of such relocation this Lease will be amended by deleting the description of the original Premises and substituting for it a description of such comparable space. Landlord agrees to reimburse Tenant for its actual reasonable moving costs to such other space within the Project, the reasonable costs of reprinting stationery, and the costs of rewiring the new Premises for telephone and computers comparable to the original Premises. Landlord will use best efforts to minimize any disruption to tenant's business.
Relocation of the Premises. Intentionally deleted.
Relocation of the Premises. Landlord may, at any time during the Term, relocate Tenant to comparable space within the Property. Landlord will give Tenant a written notice of its intention to relocate the Premises and Tenant will complete such relocation within the 30 days after receipt of such written notice. Landlord shall pay all reasonable costs and expenses of such relocation (excluding any Tenant owned telecommunication equipment, lines, boards and wiring which Tenant must bear the cost of relocating and installing), and the terms and conditions of the Lease will remain in full force and effect except for any actual adjustments in Base Rent or Tenant’s Proportionate Share that may result from a square footage adjustment due to such relocation.
Relocation of the Premises. Landlord reserves the unrestricted and unconditional right to relocate the Premises to substantially comparable space subject to the same terms and conditions as the Premises originally leased. Landlord shall give Tenant written notice of its intention to relocate the Premises, and Tenant shall complete such relocation within ninety (90) days after receipt of such written notice. If the improvements of the space to which Landlord proposes to relocate Tenant are substantially inferior than those of the Premises, or if the fixed rent of the new space is substantially greater than the Fixed Rent, Tenant may so notify Landlord, and if Landlord fails to offer space satisfactory to Tenant, Tenant may terminate this Lease by written notice thereof effective as of the thirtieth (30th) day after Landlord's initial notice. If Landlord does relocate Tenant, then effective on the date of such relocation this Lease shall be amended by (i) deleting the description of the original Premises and substituting for it a description of such comparable space, and (ii) making such other changes thereto as Landlord reasonably required. Landlord agrees to reimburse Tenant for its actual out-of-pocket moving costs to such other space to the extent such costs are reasonable.
Relocation of the Premises. Intentionally omitted.
Relocation of the Premises. Intentionally Deleted.
AutoNDA by SimpleDocs
Relocation of the Premises. Upon written notice to Tenant, Landlord may substitute for the Premises other space in the Building of substantially the same Net Rentable Area as the Premises with leasehold improvements that as nearly as practical, are substantially the same as the Tenant Improvements initially installed in the Premises. Within ten (10) days after Landlord's written request, Tenant must execute an amendment to this Lease whereby all references to the Premises in this Lease are changed to refer to the space substituted for the Premises, Base Rent is adjusted to reflect any resulting change in Net Rentable Area, and all other provisions of this Lease remain unchanged. Landlord will reimburse Tenant for all reasonable and documented costs incurred to third parties as a direct and necessary result of Tenant's relocation to the space substituted for the Premises, including expenses for moving property, reconnecting equipment, and reprinting stationery.
Relocation of the Premises. Landlord shall not have the right to relocate the Premises.
Relocation of the Premises. There shall be no relocation of the Demised Premises unless otherwise agreed to by Lessor and Lessee in writing.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!