Common use of Relocation Option Clause in Contracts

Relocation Option. In the event Lessor determines to utilize the leased premises for other purposes during the term of this Lease, Lessee agrees to relocate to other space in the building and/or project designated by Lessor, provided such other space is of equal or larger size than the leased premises.

Appears in 3 contracts

Samples: Standard Commercial Lease (Industrial Data Systems Corp), Commercial Lease (Techdyne Inc), Standard Commercial Lease (Microtune Inc)

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Relocation Option. In the event Lessor determines to utilize the leased premises for other purposes during the term of this the Lease, Lessee agrees to relocate to other space in the building and/or project designated by Lessor, provided such other space is of equal or larger size than the leased premises.

Appears in 1 contract

Samples: Commercial Lease (Mathstar Inc)

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Relocation Option. In the event Lessor determines to utilize the leased premises for other purposes during the term of this Lease, Lessee agrees to relocate to other space in the building and/or project designated designed by Lessor, provided such other space is of equal or larger size than the leased premises.

Appears in 1 contract

Samples: Commercial Lease Agreement (Hathaway Corp)

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