RELOCATION RIGHTS (JUN 2012) Clause Samples
The Relocation Rights clause grants one party, typically the landlord, the authority to require the tenant to move to a different space within the same property or complex. In practice, this clause outlines the conditions under which relocation can occur, such as advance notice requirements, the provision of comparable space, and the handling of moving costs or disruptions. Its core function is to provide flexibility for the property owner to reconfigure tenant spaces as needed, while also establishing procedures to minimize inconvenience and ensure fairness to the tenant.
RELOCATION RIGHTS (JUN 2012). If it becomes necessary in the orderly development of the Airport, Lessor may require the relocation of Premises to other space at the Airport which, in the reasonable judgment of Lessor, is similar and suitable for the purposes for which this Lease is entered as such purposes are set forth herein. Should such relocation be necessary, the Lessor shall provide the Government a minimum of 120 days prior written notice. Lessor shall be responsible for all costs for such relocation, including all costs for moving furniture, office equipment, telephone and data lines, and any other costs associated with replicating necessary operational features provided in the space originally leased. The Airport shall provide such relocated Premises at the same rental rate as the original Premises, unless the new Premises are located in an area for which the Airport charges tenants a lower rate, in which event the parties shall negotiate a reduction in the rental rate.
RELOCATION RIGHTS (JUN 2012). If it becomes necessary, in the sole determination of the Lessor, for the orderly development of the Airport, Lessor may require the relocation of any portion of the Premises to other space at the Airport which, in the reasonable judgment of Lessor, is suitable for the purposes for which this Lease is entered as such purposes are set forth herein. Should such relocation be necessary, the Lessor shall provide the Government a minimum of 120 days’ prior written notice. Lessor shall be responsible for all costs for such relocation, including all costs for moving furniture, office equipment, telephone and data lines, and any other costs associated with replicating necessary operational features provided in the space originally leased. The Airport shall provide such relocated Premises at the same rental rate as the original Premises, unless the new Premises are located in an area for which the Airport charges tenants a lower rate, in which event the Government shall pay the rental rate for such area as charged to such other tenants.