Common use of Relocation Clause in Contracts

Relocation. Landlord shall have the right at any time, except during the last six (6) months of the Term, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 2 contracts

Sources: Office Lease (Ritter Pharmaceuticals Inc), Office Lease (BioSig Technologies, Inc.)

Relocation. Landlord shall have the right at any time, except during the last six (6) months of the Term, and after giving time to relocate Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with to any other leasable space elsewhere in the Building of Property (or Project) provided that said space shall be approximately the same size as, with improvements comparable as the Premises and that Landlord shall pay the cost of moving Tenant’s furniture and equipment to the new space. The new space shall include tenant improvements that are substantially equivalent to the tenant improvements contained in the Premises, and the cost of any required tenant improvements shall be paid by Landlord. Landlord shall deliver substitute space to Tenant not more than one hundred eighty (180) days after Tenant approves plans for the construction of required tenant improvements at the new space, if any. Tenant shall not unreasonably withhold or delay its approval of any plans for the construction of tenant improvements. Landlord shall give Tenant not less than thirty (30) days advance notice of the estimated move in date. Prior to the date that Tenant is moved to the new space, Tenant shall remain in the Premises (and shall continue to perform all of its obligations under this Lease. After Tenant moves into the “Substitute Premises”)new space, and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect theretosuch new space, except that (i) if as to Base Rent, Tenant’s share of Operating Expenses and Taxes, all of which shall be adjusted based on the approximate relationship between the number of rentable square feet in the original Premises and the number of rentable square feet in the new space; provided, however, in the event the square footage of the Substitute new space is greater than the Premises is less than that of the Premises, the Fixed Monthly then Base Rent and Tenant’s Pro Rata Share of Operating Expense increases shall not change. Upon Tenant’s election to be appropriately reduced or (ii) if relocated, Landlord and Tenant shall amend this Lease to provide for the approximate rentable square footage of the Substitute Premises is greater than that relocation of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 2 contracts

Sources: Lease Agreement (Keros Therapeutics, Inc.), Lease Agreement (Keros Therapeutics, Inc.)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right at any timeright, except during the last six in Landlord's sole discretion, upon providing Tenant advance written notice (6) months of the Term“Relocation Notice”), and after giving Tenant to relocate Premises to a minimum of sixty new location in Building (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the Substitute New Premises”), and b) relocate . The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to such Substitute the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay all the reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards)thereof. If Landlord moves relocates Tenant to the Substitute New Premises, then this Lease and each and every termall of the agreements, covenant covenants, conditions and condition provisions of this Lease shall remain in full force and effect and be deemed applicable to the Substitute New Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if a revised floor plan shall become part of this Lease and shall reflect the approximate rentable square footage location of the Substitute Premises is less than that of the New Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the approximate rentable square footage feet of the Substitute Premises is greater than that New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Relocation. Landlord Sublessor shall have the right at any time, except time during the last six Term of this Sublease Agreement to require the Subtenant to relocate to other space in the Project (6) months of hereinafter referred to as “Substitution Space”). The Substitution Space shall have approximately the Termsame rentable square footage as the Premises. If Sublessor desires to exercise such right, and after giving Tenant a minimum of Sublessor shall give Subtenant not less than sixty (60) days’ days prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable notification that Subtenant is to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to another space. Sublessor shall pay for all reasonable costs directly related to such Substitute Premises. Landlord shall pay relocation, including all reasonable costs and expenses incurred as a result of related to improving the space with leasehold improvements equal to those then in Subtenant’s Premises. After such relocation (including Tenant’s reasonable reprinting costs for announcementsrelocation, all terms, covenants, conditions, provisions, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition agreements of this Lease Sublease Agreement shall remain continue in full force and effect and be deemed applicable shall apply to the Substitute Substitution Space except that if the Substitution Space contains more square footage than the presently leased Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage monthly rental shall be increased proportionately. If Subtenant shall retain possession of the Substitute Premises is less than that or any part thereof following the date set for relocation or termination, Subtenant shall be liable to Sublessor, for each day of such retention, for double the amount of the daily rental for the last period prior to the date of such expiration or termination, plus actual damages incurred by Sublessor resulting from delay by Subtenant in surrendering the Premises, including, without limitation, any claims made against Sublessor by any succeeding tenant to the Fixed Monthly Rent Premises and TenantSublessor’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of costs in taking any action to evict Subtenant from the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 2 contracts

Sources: Sublease Agreement (AbSci Corp), Sublease Agreement (AbSci Corp)

Relocation. Landlord shall have the right at any time, except time during the last six Term of this Lease to require the Tenant to relocate to other space in the Project (6) months of hereinafter referred to as "Substitution Space"). The Substitution Space shall have approximately the Termsame rentable square footage as the Premises. If Landlord desires to exercise such right, and after giving Landlord shall give Tenant a minimum of not less than sixty (60) days’ days prior written notice, to: a) provide and furnish notification that Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable is to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premisesanother space. Landlord shall pay for all reasonable costs directly related to such relocation, including all reasonable costs and expenses incurred as a result of related to improving the space with leasehold improvements equal to those then in Tenant's Premises. After such relocation (including Tenant’s reasonable reprinting costs for announcementsrelocation, all terms, covenants, conditions, provisions, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition agreements of this Lease shall remain continue in full force and effect and be deemed applicable shall apply to the Substitute Substitution Space except that if the Substitution Space contains more square footage than the presently leased Premises, as though Landlord and the monthly rental shall be increased proportionately. If Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage shall retain possession of the Substitute Premises is less than that or any part thereof following the date set for relocation or termination, Tenant shall be liable to Landlord, for each day of such retention, for double the amount of the daily rental for the last period prior to the date of such expiration or termination, plus actual damages incurred by Landlord resulting from delay by Tenant in surrendering the Premises, including, without limitation, any claims made against Landlord by any succeeding tenant to the Fixed Monthly Rent Premises and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of Landlord's costs in taking any action to evict Tenant from the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 2 contracts

Sources: Office Lease (AbSci Corp), Office Lease (AbSci Corp)

Relocation. Landlord shall have the right at any time, except during the last six (6) months of the Term, and after giving time to relocate Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with to any other leasable space elsewhere in the Building of Property (or Project) provided that said space shall be approximately the same size as, with improvements comparable as the Premises and that Landlord shall pay the cost of moving Tenant’s furniture and equipment to the new space. The new space shall include tenant improvements that are substantially equivalent to the tenant improvements contained in the Premises, and the cost of any required tenant improvements shall be paid by Landlord. Landlord shall deliver substitute space to Tenant not more than one hundred eighty (180) days after Tenant approves plans for the construction of required tenant improvements at the new space, if any. Tenant shall not unreasonably withhold or delay its approval of any plans for the construction of tenant improvements. Landlord shall give Tenant not less than thirty (30) days advance notice of the estimated move in date. Prior to the date that Tenant is moved to the new space, Tenant shall remain in the Premises (and shall continue to perform all of its obligations under this Lease. After Tenant moves into the “Substitute Premises”)new space, and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to such new space, except as to Base Rent, Tenant’s share of Operating Expenses and Taxes, all of which shall be adjusted based on the Substitute Premisesrelationship between the number of rentable square feet in the original Premises and the number of rentable square feet in the new space. Upon Tenant’s election to be relocated, as though Landlord and Tenant had entered into an express written amendment of shall amend this Lease with respect thereto, except that (i) if to provide for the approximate rentable square footage of the Substitute Premises is less than that relocation of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 2 contracts

Sources: Lease Agreement (Xenetic Biosciences, Inc.), Lease Agreement (Xenetic Biosciences, Inc.)

Relocation. Landlord shall have the right at any time, except during the last six twelve (612) months of the TermTerm (as extended under this First Amendment), and after giving Tenant a minimum of sixty one hundred twenty (60120) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, as the Premises (as expanded hereunder) with improvements (to be constructed by Landlord at Landlord’s sole cost and expense) comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute PremisesPremises at Landlord’s sole cost and expense. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable out-of-pocket reprinting costs for announcements, and to replace replacing Tenant’s existing stock of stationery stationary and business cardscards and the costs of relocating Tenant’s furniture and telephone, computer and data cabling equipment). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable Rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share and Tenant’s Common Area Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend periodreduced. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety one hundred twenty (90120) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 1 contract

Sources: Office Lease (ReachLocal Inc)

Relocation. The Landlord shall have reserves the right at any ay time, except and from time to time, to change the location of the Premises, provided that the Floor Area of the New Premises shall not be more than five percent (5%) larger than the Floor Area of the Premises unless consented to by the Tenant. If the Landlord exercises such right to relocate the Tenant: (a) the Landlord shall endeavour to relocate the Tenant in premises of comparable size, quality and exposure; (b) during the last six period of such relocation, all Rent and other charges provided for hereunder shall ▇▇▇▇▇ for that period of time during which the Tenant is unable to carry on business in the Mall; (6c) months the Landlord will pay the moving costs of the Tenant, if any; (d) should the Floor Area of the premises to which the Tenant is relocated be larger or smaller than the Floor Area of the Premises, then the Minimum Rent and Tenant’s Proportionate Share shall be proportionately adjusted to reflect such greater or lesser area by the ratio which such increase or decrease in the area bears to the original Floor Area of the Premises; (e) the exercise of such rights shall be without recourse by the Tenant; (f) should the Landlord give the Tenant written notice of such relocation after the Tenant has commenced or completed the installation of partitioning or other improvements to the Premises, the Landlord will furnish the Tenant with similar partitioning and other improvements of equal quality or compensate the Tenant therefore; and (g) at the request of the Landlord, the Tenant shall execute and deliver a lease of the premises to which the Tenant is relocated for the remainder of the Term, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately which lease shall contain the same size as, with improvements comparable terms and conditions as this Lease subject only to the improvements in the Premises (the “Substitute Premises”), and bchanges necessitated by Section 26.16(d) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result an appropriate description of such relocation (including Tenant’s reasonable reprinting costs for announcementspremises, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to after which the Substitute Premises, each and every term, covenant and condition of this Lease parties shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in release one another from any further obligation under this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 1 contract

Sources: Lease Agreement

Relocation. Landlord shall have the right at any time, except time during the last six Term of this Lease to require the Tenant to relocate to other space in the Building (6) months of hereinafter referred to as “Substitution Space”). The Substitution Space shall have approximately the Termsame rentable square footage as the Premises. If Landlord desires to exercise such right, and after giving Landlord shall give Tenant a minimum of not less than sixty (60) days’ days prior written notice, to: a) provide and furnish notification that Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable is to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premisesanother space. Landlord shall pay for all reasonable costs directly related to such relocation, including all reasonable costs and expenses incurred as a result of such relocation (including related to improving the space with leasehold improvements equal to those then in Tenant’s reasonable reprinting costs for announcementsPremises. After such relocation, all terms, covenants, conditions, provisions, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition agreements of this Lease shall remain continue in full force and effect and be deemed applicable shall apply to the Substitute Substitution Space except that if the Substitution Space contains more square footage than the presently leased Premises, as though Landlord and the monthly rental shall be increased proportionately. If Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage shall retain possession of the Substitute Premises is less than that or any part thereof following the date set for relocation or termination, Tenant shall be liable to Landlord, for each day of such retention, for double the amount of the daily rental for the last period prior to the date of such expiration or termination, plus actual damages incurred by Landlord resulting from delay by Tenant in surrendering the Premises, including, without limitation, any claims made against Landlord by any succeeding tenant to the Fixed Monthly Rent Premises and TenantLandlord’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of costs in taking any action to evict Tenant from the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 1 contract

Sources: Office Lease (Thermal Tennis Inc.)

Relocation. The Landlord shall have the right at any from time to time, except during the last six (6) months of the Term, and after giving Tenant a minimum of sixty (60) on not less than 60 days’ Notice to the Tenant, to relocate the Premises to other premises within the Building having approximately the same area as the Premises. If the Landlord relocates the Premises prior written noticeto occupancy by the Tenant, to: a) provide and furnish it shall reimburse the Tenant with space elsewhere for all expenses already incurred by the Tenant in preparing to move into the Premises to the extent that such expenditure is for items or materials not usable in the Building alternate premises. If the Landlord relocates the Tenant after occupancy by the Tenant, the Landlord shall provide the relocated premises improved to a standard and using materials of approximately the same size as, with improvements comparable to quality as the improvements Leasehold Improvements which exist in the existing Premises at the time of relocation and reimburse the Tenant within thirty (30) days of receipt of copies of receipted third party invoices for direct costs associated with the “Substitute Premises”)relocation, and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as including, without limitation, moving costs, reprinting of a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock limited supply of stationery and business cards)supplies and disconnection and reconnection of telephone and computer equipment and systems. If In no case will the Tenant be reimbursed or compensated for indirect costs including overhead, overtime charges or loss of profits and the Tenant will minimize costs by re-using all fixtures and trade fixtures from the Premises where it is feasible to do so. The Landlord moves Tenant agrees to use reasonable efforts to effect the relocation with a minimum of disruption to the Substitute PremisesTenant’s business. The Landlord and the Tenant shall enter into a lease amending agreement in the Landlord’s standard form to confirm the terms of the relocation including, each without limitation, any adjustment to the Basic Rent if the Rentable Area of the relocated premises is different than the Rentable Area of the existing Premises and every term, covenant to confirm that all other terms and condition conditions of this Lease shall remain in full force and effect and be deemed applicable apply with respect to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if relocated premises for the approximate rentable square footage remainder of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocateTerm.

Appears in 1 contract

Sources: Lease Agreement (Venus Concept Inc.)

Relocation. At any time and from time to time after Tenant's execution of this Lease, Landlord shall have the right at any timeright, except during the last six upon providing Tenant thirty (630) months of the Termdays notice in writing, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) to provide and furnish Tenant with reasonably similar space elsewhere in the Building or the Project of approximately the same size as, with improvements comparable as the Premises and to move Tenant to said space. In the event that Landlord shall exercise such right subsequent to the improvements in actual occupancy of the Premises (by Tenant, Landlord shall arrange for moving Tenant and shall pay the “Substitute Premises”), and b) relocate costs of moving Tenant to such Substitute Premisesnew space and all other reasonable expenses related to such relocation. Landlord shall pay all reasonable costs and expenses incurred as a result of Following any such relocation (including Tenant’s reasonable reprinting costs for announcementsrelocation, this Lease, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every termall of the terms and covenants and conditions hereof, covenant and condition of this Lease shall remain in full force and effect and thereupon be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment such new space except that a revised floor plan shall become part of this Lease with respect thereto, except that (i) if and shall reflect the approximate rentable square footage location of the Substitute Premises is less than that new space. Tenant's Share and Base Rent shall be adjusted to reflect the size of the Premisesnew premises, but such adjustment shall not increase the Fixed Monthly Base Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or by more than five percent (ii) if the approximate rentable square footage 5.0%), regardless of the Substitute Premises is greater than that size of the Premises, substituted premises. Should Tenant refuse to move to such new space at the Fixed Monthly Rent and Tenant’s Share end of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend said thirty (30) day period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right right, in addition to exercising any other remedies provided in this Lease, to terminate this Lease effective ninety by notice given to Tenant in writing within ten (9010) days from following the end of said thirty (30) day period, which termination shall be effective sixty (60) days after the date Landlord provided Tenant with of the original notification notice of intent relocation by Landlord. Tenant shall continue to relocatepay Rent and perform all of its obligations hereunder until termination of this Lease.

Appears in 1 contract

Sources: Lease Agreement (Bionx Implants Inc)

Relocation. Landlord shall have the right may at any time, except time during the last six (6) months of the Term, but on no more than one (1) occasion during the Term and after giving Tenant a minimum of upon sixty (60) days’ prior written noticenotice to Tenant, to: a) provide and furnish at Landlord’s expense, relocate Tenant with to another space elsewhere in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute New Premises”), and b) which is approximately the same dimensions and size and is improved in such a manner so that the New Premises shall be comparable to the Premises: however, if Landlord exercises Landlord’s election to relocate Tenant to such Substitute the New Premises, then Tenant shall not be required to pay a higher Base Rent for the New Premises. Landlord shall pay all reasonable costs associated with such relocation, including the costs of moving, wiring/cabling improving the New Premises to at least the same condition to the original Premises, and expenses incurred as a result business cards and stationery rendered useless. Nothing herein contained shall relieve Tenant, or imply that Tenant is relieved, of the liability for or obligation to pay any Additional Rent due by reason of any of the other provisions of this Lease, which provisions shall be applied to the New Premises. Landlord’s election to relocate Tenant shall not terminate this Lease or release Tenant, in whole or in part, from Tenant’s obligation to perform its obligations hereunder for the full Term. If any such relocation (including Tenant’s reasonable reprinting costs for announcementsoccurs, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain continue in full force with no change in the terms or conditions hereof other than (1) the substitution of the New Premises for the Premises specified in Section 1, and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i2) if the approximate rentable square footage size of the Substitute New Premises is less than that of differs from the Premises, the Fixed Monthly Rent and Tenant’s Proportionate Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premisesadjusted. Upon request from Landlord, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases Tenant shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts execute an amendment to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocatereflecting such changes.

Appears in 1 contract

Sources: Commercial Industrial Lease Agreement (Sielox Inc)

Relocation. 2.9.1 Landlord shall have reserves the right to relocate Tenant, at any timeLandlord’s sole expense, except during from the last six Premises into other premises within the Project owned by Landlord or Landlord’s affiliate similar in size, quality and convenience to the Premises. The new premises shall, unless otherwise approved by Tenant, also (6) months of the Term, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately be located on the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less or higher floor than that of the Premises, (b) have a view comparable or better than the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of view from the Premises, and (c) have a similar configuration to the Fixed Monthly Rent and Premises. 2.9.2 If Landlord elects to so relocate Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right deliver written notice to terminate this Lease effective Tenant at least ninety (90) days from in advance of the date Landlord provided relocation date. Upon relocation, this Lease shall be amended by substituting the description of the relocated premises and all rights of Tenant with to the original notification Premises shall cease; provided that Tenant shall not be responsible for the payment of intent Base Rent with respect to relocatethe new premises in any amount exceeding the Base Rent then applicable hereunder to the extent that the square footage of the new premises is greater than the square footage of the original Premises. 2.9.3 Landlord shall reimburse Tenant for the actual, reasonable out-of-pocket costs incurred in (a) moving into the new location, (b) relocating Telecommunication Facilities and other electronic installations, (c) providing improvements in the new premises of a standard of quality equivalent to or better than the Premises, (d) designing and preparing space plans for the new location, and (e) reprinting stationery, business cards and similar Tenant forms and supplies.

Appears in 1 contract

Sources: Lease (Apex Technology Acquisition Corp)

Relocation. Landlord shall have the right at At any time, except time during the last six (6) months of the Term, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition term of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right right, upon thirty (30) days' prior written notice to terminate this Lease effective ninety Tenant to substitute other space within the Building for the Premises (90the "Substituted Premises"). Tenant shall relocate to the Substituted Premises on the date set forth in Landlord's notice (to occur no sooner than thirty (30) days from after receipt by Tenant of said notice) and Landlord agrees to pay all reasonable moving expenses of Tenant incidental to the date Substituted Premises, including the reasonable replacement of Tenant's improvements incidental to the Substituted Premises. In the event Landlord provided elects to exercise this right, the Substituted Premises shall be located in an equivalent location on another floor, or alternatively in another location if approved by Tenant with (which approval shall not be unreasonably withheld), contain as much square footage as the original notification originally leased Premises and the rental rate shall remain as set forth in Paragraph 4 of intent the Lease. The suite number designation and Exhibit A shall be deemed revised to relocatereflect the description of the Substituted Premises. Except for such revisions, the terms and provisions of the Lease shall be applicable to the Substituted Premises and the Substitute Premises shall be deemed to be the Premises under the Lease.

Appears in 1 contract

Sources: Sublease Agreement (Osmotics Corp)

Relocation. Tenant acknowledges that from time to time Landlord shall have may desire to relocate all of the Premises to other portions of the Building. Tenant further acknowledges that restrictions on the right at any time, except during of Landlord to effect such a relocation would cause substantial damage to Landlord in the last six (6) months further leasing of portions of the TermBuilding. Accordingly, and after giving Tenant a minimum of sixty upon at least ninety (6090) days’ prior written noticenotice to Tenant, to: a) provide and furnish Tenant with Landlord may, at Landlord’s expense, relocate the Premises to other space elsewhere in within the Building of approximately the same which is comparable in location, size as, with improvements comparable and utility to the improvements in the Premises (the “Substitute Premises”), and b) relocate which Substitute Premises shall be delivered to Tenant in substantially the same condition as the Premises were in immediately prior to such the relocation. If Landlord relocates Tenant, Landlord shall reimburse Tenant for Tenant’s reasonable out-of-pocket expenses for moving Tenant’s furniture, equipment, and supplies from the Premises to the Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation permit Tenant, at no additional cost to Tenant, to continue to operate at the Premises until the date which is three (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and 3) business cards). If days after the date on which Landlord moves Tenant to delivers the Substitute Premises to Tenant in the condition required hereunder. Upon such relocation, the Substitute Premises shall be deemed to be the “Premises, each and every term, covenant and condition the terms of this the Lease shall remain in full force and effect and be deemed applicable shall apply to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 1 contract

Sources: Lease Agreement (Avici Systems Inc)

Relocation. At any time and from time to time after Tenant's execution of this Lease, Landlord shall have the right at any timeright, except during the last six upon providing Tenant thirty (630) months of the Termdays notice in writing, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) to provide and furnish Tenant with reasonably similar space elsewhere in the Building of approximately the same size assize, with improvements comparable condition and build out as the Premises and to move Tenant to said space. In the event that Landlord shall exercise such right subsequent to the improvements in actual occupancy of the Premises (by Tenant, Landlord shall arrange for moving Tenant and shall pay the “Substitute Premises”), and b) relocate costs of moving Tenant to such Substitute Premisesnew space and all other reasonable expenses related to such relocation. Landlord shall pay all reasonable costs and expenses incurred as a result of Following any such relocation (including Tenant’s reasonable reprinting costs for announcementsrelocation, this Lease, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant all of the terms and condition of this Lease covenants and conditions hereof shall remain in full force and effect and thereupon be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment such new space except that a revised floor plan shall become part of this Lease with respect thereto, except that (i) if and shall reflect the approximate rentable square footage location of the Substitute Premises is less than that new space. Tenant's Share and Base Rent shall be adjusted to reflect the size of the Premisesnew premises, but such adjustment shall not increase the Fixed Monthly Base Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or by more than five percent (ii) if the approximate rentable square footage 5.0%), regardless of the Substitute Premises is greater than that size of the Premises, substituted premises. Should Tenant refuse to move to such new space at the Fixed Monthly Rent and Tenant’s Share end of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend said thirty (30) day period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right right, in addition to exercising any other remedies provided in this Lease, to terminate this Lease effective ninety by notice given to Tenant in writing within ten (9010) days from following the end of said thirty (30) day period, which termination shall be effective sixty (60) days after the date Landlord provided Tenant with of the original notification notice of intent relocation by Landlord. Tenant shall continue to relocatepay Rent and perform all of its obligations hereunder until termination of this Lease.

Appears in 1 contract

Sources: Lease Agreement (Sea Coast Foods, Inc.)

Relocation. Landlord may, at its election, upon at least 30 days’ written notice to Tenant, relocate Tenant and substitute for the Premises other space in the Project containing at least as much useable area as the Premises. If Tenant confirms in writing to Landlord, within in five days of receipt of such written notice from Landlord that it will vacate the Premises and occupy the new location within the time frame set forth in the notice from Landlord, then Landlord shall, at its cost, improve such substitute space with improvements at least equal in quantity and quality to those then existing in the Premises and Landlord shall reimburse Tenant for Tenant’s reasonable expenses incurred in connection with such relocation, including moving expenses, door lettering, and telephone relocation. If Tenant fails to send such written confirmation notice to Landlord within such five day period, such failure shall be deemed to constitute Tenant’s election to continue to occupy the Premises for an additional 15 day period beyond the time frame set forth in Landlord’s notice, in which event Landlord shall have the right at any time, except during the last six (6) months of the Term, no obligations to improve such substitute space and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere pay Tenant’s reasonable relocation costs as set forth in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate preceding sentence. Failure by Tenant to such Substitute Premises. Landlord relocate as provided in this Paragraph shall pay all reasonable costs constitute a default under this Lease and expenses Tenant acknowledges that it will, in addition, be liable for Landlord’s additional damages incurred as a result of such relocation any failure by Tenant to timely vacate the Premises (including damages resulting from lost opportunities). Landlord shall not be held liable for any damages arising out of Tenant’s reasonable reprinting costs relocation. Such substitute space shall become the Premises for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition purposes of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and following Tenant’s Share taking possession of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocatesubstitute space.

Appears in 1 contract

Sources: Office Lease Agreement (Evoke Pharma Inc)

Relocation. On one (1) occasion following the date of execution of this Lease by Landlord shall have the right and Tenant, on at any time, except during the last six least ninety (6) months of the Term, and after giving Tenant a minimum of sixty (6090) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable notice to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate move Tenant out of the Premises and into premises having at least equal floor space and linear fenestration of windows located on the top two (2) floors of the Building for the duration of the Term. In the event Landlord exercises this right of relocation, Landlord shall decorate and construct improvements in the new premises equivalent to those in the Premises and remove, relocate and reinstall Tenant’s Property including furniture, trade fixtures, furnishings, cabling, wiring, equipment and other personal property, and, if installed in the Premises, submeters equivalent to those in the Premises to measure Tenant’s use of electricity, all at the sole cost and expense of Landlord. When the substitute new premises are ready for delivery by Landlord, Tenant shall surrender the Premises. In connection with such relocation, Landlord shall, at Landlord’s sole cost and expense, (i) if such relocation causes a change in Tenant’s address at the Premises shown on Tenant’s letterhead and business cards, provide Tenant with a reasonable supply of new letterhead and business cards reflecting such changed address and (ii) reimburse Tenant for the actual reasonable out-of-pocket cost incurred by Tenant in printing and mailing to Tenant’s vendors and customers having contact with Tenant at the Premises a notice of such relocation. Following any such relocation, this Lease effective ninety (90) days from shall continue in full force and effect except for the date Landlord provided description of the Premises and Tenant’s Share which, upon completion of such relocation, shall be deemed amended to describe the substitute new premises and pro rata share, respectively, to which Tenant shall have been relocated in accordance with this Section 14.17. The Fixed Rent and Tenant’s Share shall be adjusted to reflect the original notification size of intent to relocatethe new premises, but such adjustment shall not increase said Fixed Rent or Tenant’s Share, regardless of the size of the new premises.

Appears in 1 contract

Sources: Lease Agreement (Teltronics Inc)

Relocation. Landlord shall have the right at At any time, except time during the last six (6) months of the Lease Term, and after giving Tenant a minimum of including any extensions thereof, upon sixty (60) days’ days prior written noticenotice to Tenant (“Landlord’s Relocation Notice”), to: a) provide Landlord, in its sole and furnish absolute discretion, may relocate Tenant with to comparable office space elsewhere within the Property, in which event the terms hereof shall apply in all manner and respect except Base Rent and Additional Rent will be adjusted for variation in the Building square footage of approximately the same size as, with improvements comparable to the improvements in the Premises new leased premises (the “Substitute Relocation Premises”); provided, and however, that (a) in no event will Landlord exercise the relocation right described in this Section more than once during the Lease Term and (b) relocate Tenant in no event will Base Rent and Additional Rent for the Relocation Premises exceed Base Rent and Additional Rent payable for the Premises. Landlord agrees to such Substitute make reasonable efforts to accommodate Tenant’s requests regarding the size, layout, Building/Property location and level of finish of the Relocation Premises, and agrees that the Relocation Premises shall have a level of finish at least equal to the level of finish of the Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including or credit Tenant’s actual and commercially reasonable reprinting costs expenses for announcements, and to replace Tenant’s existing stock the cost of stationery and business cards). If Landlord moves relocating Tenant to the Substitute Relocation Premises, each and every termsubject to adjustment by Tenant’s authentication of the same. Should Tenant fail to relocate to the Relocation Premises as required herein, covenant and condition of this Lease such failure shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and a holding over by Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocateunder Section 36 hereof.

Appears in 1 contract

Sources: Sublease (Aldeyra Therapeutics, Inc.)

Relocation. Landlord shall have the right at any time, except during the last six (6) months of the Term, and after giving Tenant a minimum of sixty (60) After 60 days’ prior written noticenotice to Tenant at any time during the Term, to: a) provide and furnish Landlord may require Tenant with to move from the Premises to other space elsewhere of comparable size in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises Project (the “Substitute Substituted Premises”). If Tenant is relocated to the Substituted Premises under this Section 2.5, and b) relocate Tenant Landlord agrees to such Substitute Premises. Landlord shall pay all reasonable costs expenses of Tenant incidental to Tenant’s relocation to the Substituted Premises (excluding, without limitation, any loss of business or profits) and expenses incurred that Landlord shall improve the Substituted Premises for Tenant’s use and occupancy at least to the same extent as a result of the Premises occupied by Tenant prior to such relocation (including exclusive of Tenant’s reasonable reprinting costs for announcements, trade fixtures and to replace Tenant’s existing stock of stationery and business cards)Personal Property. If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered shall enter into an express written amendment of this Lease with respect theretoto reflect the changes required for the Substituted Premises, except that (i) if including, without limitation, a change in Tenant’s Proportionate Share and the approximate rentable square footage amount the Base Rent to reflect the change in the size of the Substitute Substituted Premises is less than that effective as of the Premises, the Fixed Monthly Rent and date of relocation. There shall be no abatement of any rent payable hereunder on account of Tenant’s Share of Operating Expense increases shall be appropriately reduced relocation or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts any inconvenience or business loss caused to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocatethereby.

Appears in 1 contract

Sources: Ground Lease Agreement (Imaging3 Inc)

Relocation. Landlord shall have the one-time right at any time, except during the last six (6) months of the Term, and after giving Tenant a minimum of sixty ninety (6090) days’ days prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building (but not on a lower floor) of approximately the same size assize, with views, configuration and quality of tenant improvements comparable to the improvements in as the Premises (the “Substitute Premises”), ) and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including (i) Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards), and (ii) costs incurred in connection with the relocation of Tenant’s telephone and data cabling equipment. If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable Rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) reduced, and if the approximate rentable Rentable square footage of the Substitute Premises is greater more than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord based on the square footage of the Premises prior to the relocation, and shall use commercially reasonable efforts to cause such relocation to occur over a weekend periodnot increase. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 1 contract

Sources: Office Lease (National Mercantile Bancorp)

Relocation. Landlord shall have the right Landlord, at its expense, at any time, except one time during the last six (6) months of the Term, may one-time relocate Tenant from the Premises to second (2nd) floor or higher space of reasonably comparable size, view, layout and after giving Tenant a minimum of sixty utility (60"Relocation Space") within the Building or other buildings within the Project upon at least 90 calendar days' prior written noticenotice to Tenant. Expenses to be paid by Landlord, to: awithin thirty (30) days following delivery of an invoice by Tenant to Landlord, are Tenant's reasonable and actual expenses resulting from the physical relocation of Tenant's furniture, fixtures, cabling and equipment to the Relocation Space. Landlord, at its sole expense, shall provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable to the tenant improvements in the Relocation Space at least equal in quality to those in the Premises, which tenant improvements shall be substantially completed prior to the date Tenant has to vacate and surrender possession of the original Premises to Landlord. Tenant shall have no obligation to remove any tenant improvements, Alterations or cabling from the original Premises if Landlord relocates Tenant from the original Premises to the Relocation Space pursuant to this Section 21. From and after the date of the relocation, "Premises" shall refer to the Relocation Space into which Tenant has been moved and the Base Rent and Tenant's Pro Rata Share shall be adjusted based on the rentable square footage of the Relocation Space; provided, however, if (a) the “Substitute Relocation Space contains fewer rentable square feet than the original Premises”), and then Tenant’s Base Rent obligation and Tenant’s Pro Rata Share shall be proportionately reduced or (b) relocate Tenant to such Substitute the Relocation Space contains more rentable square feet than the original Premises. Landlord , then Tenant’s Base Rent obligation and Tenant’s Pro Rata Share shall pay all reasonable costs and expenses incurred not increase as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocaterelocation.

Appears in 1 contract

Sources: Office Lease Agreement (ChromaDex Corp.)

Relocation. Landlord shall have the right at any time, except during one time option to relocate the last six (6) months of the Term, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with to alternative space elsewhere in the Building Building, which alternative space shall be of approximately comparable size to or larger than the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Leased Premises. Landlord shall give Tenant not less than ninety (90) days prior written notice of such relocation, which notice shall include the date on which the Tenant shall be required to relocate or move and a description of the space to which Tenant will be relocated. Landlord shall promptly pay all reasonable out-of-pocket costs and expenses incurred of relocating Tenant (and the cost of preparing such comparable space for occupancy) including the construction of any Tenant leasehold improvements to make such space comparable to the Leased Premises. However, if Tenant is relocated prior to occupancy and fitting out the Leased Premises with tenant improvements, Landlord shall only be required to pay the costs otherwise agreed to be paid by Landlord under this Lease for construction of tenant improvements plus costs and expenses incident to changes in the tenant improvements as a result of such relocation (including Tenant’s reasonable reprinting costs in excess of those which would have been borne by Tenant if there had been no relocation. In the event of such relocation, such alternative space shall for announcements, all purposes be deemed the Leased Premises hereunder and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain continue in full force and effect and be deemed applicable to without any change in the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced other terms or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocateconditions hereof.

Appears in 1 contract

Sources: Lease Agreement (Icarus International Inc)

Relocation. Landlord, upon at least sixty (60) days prior notice to Tenant, may require Tenant to relocate to other premises of substantially equal size in the Building which shall, upon delivery, be substituted for the Premises under this Lease. The amount of the Base Rent and Tenant's share of Operating Costs, Utility Costs and Taxes shall be adjusted based upon the Rentable Area of the substitute premises. Landlord, at Landlord's expense, shall cause the substitute premises to be improved prior to delivery in a manner similar to the original Premises. Upon request, Tenant shall cooperate in the preparation or approval of plans and specifications for the improvements. Landlord shall bear all reasonable out-of-pocket costs incurred in connection with the relocation for changes in signs, changes in stationery, reinstallation of telephone equipment, moving of furniture and personal property, and similar matters. Should Tenant refuse to permit Landlord to move Tenant to such new space, Landlord, in such event, shall have the right at any timeto, except during terminate this Lease by giving written notice to that effect to Tenant in which event this Lease shall terminate effective ninety (90) days from the last six (6) months date of the Term, and after giving original notification by Landlord of Landlord's desire that Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards)be relocated. If Landlord moves Tenant to the Substitute Premisessuch new space, this Lease and each and every termall of its terms, covenant covenants and condition of this Lease conditions shall remain in full force and effect and be deemed applicable to such new space, and such new space shall thereafter be deemed to be the Substitute "Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate".

Appears in 1 contract

Sources: Lease Agreement (Cdex Inc)

Relocation. Landlord shall have the right at any time, except during the last six (6) months of the Term, and after giving Upon 120 days advance written notice to Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”"RELOCATION NOTICE"), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate relocate Tenant to other space in the Building above the 23rd floor of the Building (the "SUBSTITUTE PREMISES") provided the rentable area of such other space is not more than 110% or less than 90% of the rentable area of the Premises, and further provided the ratio of interior space to exterior window space is substantially similar to such ratio for the current premises. Landlord shall pay all reasonable out-of-pocket expenses of any such relocation, including the expenses of moving and construction of improvements substantially similar to the leasehold improvements in the premises as of the date of this lease and other leasehold improvements installed in the premises after the date of this Lease effective ninety (90) days from with the written consent of Landlord and prior to the date of the Relocation Notice, subject to the condition that Landlord provided Tenant shall have the right to use all or any of such improvements in connection with the original notification construction of intent the improvements in the Substitute Premises. In the event of such relocation, this Lease shall continue in full force and effect without any change in the terms or other conditions, except that the Substitute Premises shall be the Premises and an EXHIBIT B showing the Substitute Premises shall be substituted for the EXHIBIT B attached hereto. If requested by Landlord, Tenant shall execute an amendment to relocatethis Lease evidencing the foregoing.

Appears in 1 contract

Sources: Office Lease Agreement (American Physician Partners Inc)

Relocation. Landlord shall have the right right, at any time, except during the last six (6) months time prior to delivery of possession of the TermLeased Premises to Tenant under this Lease, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere to relocate the Leased Premises to another location in the Building (and in such event, Tenant shall, at the request of approximately Landlord, enter into a modification agreement reflecting the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”relocation), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that provided: (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases new premises shall be appropriately reduced or substantially equivalent in size and dimensions to the existing Leased Premises; and (ii) if the approximate rentable square footage there shall be no increase in rent due to such relocation. In addition, subsequent to delivery of possession of the Substitute Leased Premises is greater than that of to Tenant under this Lease and only during renewal option periods, not during the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Leaseoriginal term. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right right, from time to terminate time during the term of this Lease, to relocate the Leased Premises to another location in the Building, provided: (a) Landlord shall give Tenant at least three (3) months' notice prior to the effective date of such relocation; (b) the new premises shall be substantially equivalent in size and dimensions to the existing Leased Premises; (c) there shall be no increase in rent due to such relocation; (d) all reasonable costs of physically relocating Tenant to the new premises shall be paid by Landlord; and (e) Tenant shall, at the request of Landlord, enter into a modification agreement reflecting the relocation. The parties will execute an amendment to this Lease effective ninety (90) days from reflecting the date Landlord provided Tenant with relocation of the original notification of intent to relocateLeased Premises.

Appears in 1 contract

Sources: Office Lease (Made2manage Systems Inc)

Relocation. Landlord shall have the right Landlord, at its expense, at any time, except time before or during the last six (6) months of the Term, and after giving may relocate Tenant a minimum of sixty from the Premises to reasonably comparable space (60“Relocation Space”) within the Building upon 60 days’ prior written notice, to: a) provide and furnish notice to Tenant. Tenant with space elsewhere acknowledges that in the Building of approximately the same size as, with improvements comparable reliance upon ▇▇▇▇▇▇▇▇’s right to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute other premises, Landlord may lease all or portions of the Premises to others or may grant other tenants of the Property one or more options to expand into all or part of the Premises. Tenant further acknowledges that Landlord shall pay all reasonable costs and expenses incurred may incur substantial liability to such other tenants if Landlord is unable to perform as a result of agreed under any such relocation (including Tenant’s reasonable reprinting costs leases or options for announcements, and to replace Tenant’s existing stock of stationery and business cards)the Premises. If Landlord moves exercises its right under this Section, Tenant to shall vacate the Substitute Premises, each Premises and every term, covenant occupy the Relocation Space under all terms and condition conditions of this Lease Lease, no later than the date stated by Landlord in Landlord’s written notice; however, the Base Rent and Tenant’s Pro Rata Share shall remain in full force and effect and be deemed applicable to adjusted based on the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this LeaseRelocation Space. Landlord shall use commercially pay Tenant’s reasonable efforts costs for moving Tenant’s furniture and equipment and printing and distributing notices to cause Tenant’s customers of Tenant’s change of address and one month’s supply of stationery showing the new address. Upon the completion of such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified aboverelocation, Landlord shall have the right to terminate all references in this Lease effective ninety (90) days from to the date Landlord provided Premises shall refer to and mean the Relocation Space. Tenant with shall, upon request by ▇▇▇▇▇▇▇▇, sign and enter into an amendment of this Lease reflecting the original notification substitution of intent the Relocation Space pursuant to relocatethis Section.

Appears in 1 contract

Sources: Office Lease Agreement

Relocation. Landlord shall have the right at any time, except from time to time during the last six (6) months of the Term, and after giving Tenant a minimum of sixty (60) days’ prior written noticeat Landlord's expense, to: a) provide and furnish Tenant with space elsewhere in to relocate the Premises from their present location within the Building of approximately to another location within the Project having at least the same size as, with improvements comparable to the improvements in floor area as that of the Premises (but shall not be more or less than ten (10%) percent in size of the “Substitute Premises”initial premises), and b) relocate provided that Landlord gives Tenant written notice of Landlord's intention to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective do so at least ninety (90) days before undertaking such relocation. In such event, Landlord shall, at Landlord's expense, install within the Premises as so relocated improvements of the same quality and quantity as those made by Tenant or Landlord to the Premises, and on the completion of such installation shall cause Tenant's machinery, furniture, fixtures and equipment within the Premises to be moved to the Premises as so relocated. Upon the completion of such relocation, this Lease shall automatically cease to cover the space constituting the Premises immediately before such relocation, and shall automatically thereafter cover the space to which the Premises have been relocated, as aforesaid, all on the same terms and subject to the same conditions as those set forth in the provisions of this Lease as in effect immediately before such relocation, and all without the necessity of further action by either party hereto. Also, the Base Rental shall be adjusted on the basis of the per square foot rates otherwise in effect, and Tenant's Share of Basic Operating Cost shall be proportionately adjusted, to reflect any difference between the size of the Premises prior to relocation and that after relocation. Each party hereto shall, promptly upon its receipt of a written request therefor from the date Landlord provided Tenant with other, enter into such amendment of this Lease as the original notification of intent requesting party considers reasonably necessary to relocateconfirm such relocation.

Appears in 1 contract

Sources: Lease (Capital Growth Systems Inc /Fl/)

Relocation. The Landlord shall have may relocate the right Premises at any time, except time during the last six (6) months of the Term, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant term with space elsewhere in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from written notice. The Landlord reserves the date right to change the location of the Premises, provided that the rentable area of the new premises shall not be more than ten (10%) percent larger or smaller than the rentable are of the Premises unless consented to by the Tenant. If the Landlord provided exercises such right to relocate Tenant: (a) the Landlord shall endeavour to relocate the Tenant to premises of comparable size in the building having regard to available space. The Landlord covenants that such space, once agreed upon, shall be completed with Leasehold Improvements and Tenant finish of at least the same quality as existed in the Tenant's previous Premises; (b) should the rentable are of the premises to which the Tenant is relocated be larger or smaller than the Rentable Area of the Premises, then the Rent shall be proportionately adjusted to reflect such greater or lesser area by the ratio which such increase or decrease in area bears to the original notification rentable are of intent the Premises; (c) the exercise of such rights shall be without recourse by the Tenant and without any liability whatsoever to relocatethe Landlord except as specifically outlined in this section and except that the reasonable costs of such relocation shall be paid by the Landlord; (d) at the request of the Landlord, the Tenant shall execute and deliver a Lease of the premises to which the Tenant is relocated for the remainder of the Term, which Lease shall contain the same terms and conditions as this lease subject only to changes necessitated by this Section and an appropriate description of such premises, after which the parties shall release one another from any further obligation under this Lease.

Appears in 1 contract

Sources: Lease Agreement (Polar Wireless Corp.)

Relocation. Landlord shall have the right at any time, except during the last six (6) months of the Term, and after giving Upon 120 days advance written notice to Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute PremisesRelocation Notice”), and b) relocate Tenant to such Substitute Premises. Landlord shall pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate relocate Tenant to other space in the Building (the “Substitute Premises”) provided such other space is equal in size to or larger in size than the Premises and contains the same number of work stations, offices, breakrooms and reception areas as are contained in the Premises as of the date Tenant receives the Relocation Notice and provided that the total monthly Base Rent for the Substitute Premises shall in no event exceed the total monthly Base Rent for the Premises prior to the relocation and Tenant’s Pro Rata Share for the Substitute Premises shall in no event exceed Tenant’s Pro Rata Share for the Premises prior to the relocation. Landlord shall pay all reasonable third party out-of-pocket expenses of any such relocation, including the expenses of moving and construction of improvements substantially similar to Landlord Work and other improvements installed with the written consent of Landlord and prior to the date of the Relocation Notice and the expense of installing and connecting Cable in the Substitute Premises in the manner and to the extent such Cable existed in the Premises prior to the relocation, subject to the condition that Landlord shall have the right to use all or any of Landlord Work and such other improvements (including Cable) in connection with the construction of the improvements in the Substitute Premises. In the event of such relocation, this Lease effective ninety (90) days from shall continue in full force and effect without any change in the date Landlord provided terms or other conditions, except that the Substitute Premises shall be the Premises and an Exhibit A-1 showing the Substitute Premises shall be substituted for the Exhibit A-1 attached hereto. If requested by Landlord, Tenant with shall execute an amendment to this Lease evidencing the original notification of intent to relocateforegoing.

Appears in 1 contract

Sources: Office Lease (Aeglea BioTherapeutics, Inc.)

Relocation. Landlord may, at its election, upon at least 30 days’ written notice to Tenant, relocate Tenant and substitute for the Premises other space in the Project containing at least as much Rentable Square Footage as the Premises. If Tenant confirms in writing to Landlord within five days of receipt of such written notice from Landlord that it will vacate the Premises and occupy the new location within the time frame set forth in the notice from Landlord, then Landlord shall, at its cost, improve such substitute space with improvements at least equal in quantity and quality to those then existing in the Premises and Landlord shall reimburse Tenant for Tenant’s reasonable expenses incurred in connection with such relocation, including moving expenses, door lettering, and telephone relocation. If Tenant fails to send such written confirmation notice to Landlord within such five day period, such failure shall be deemed to constitute Tenant’s election to continue to occupy the Premises for an additional 15 day period beyond the time frame set forth in Landlord’s notice, in which event Landlord shall have the right at any time, except during the last six (6) months of the Term, no obligations to improve such substitute space and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere pay Tenant’s reasonable relocation costs as set forth in the Building of approximately the same size as, with improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate preceding sentence. Failure by Tenant to such Substitute Premises. Landlord relocate as provided in this Paragraph shall pay all reasonable costs constitute a default under this Lease and expenses Tenant acknowledges that it will, in addition, be liable for Landlord’s additional damages incurred as a result of such relocation any failure by Tenant to timely vacate the Premises (including damages resulting from lost opportunities). Landlord shall not be held liable for any damages arising out of Tenant’s reasonable reprinting costs relocation. Such substitute space shall become the “Premises” for announcements, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition purposes of this Lease shall remain in full force and effect and be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) if the approximate rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and following Tenant’s Share taking possession of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocatesubstitute space.

Appears in 1 contract

Sources: Lease Agreement (BeautyKind Holdings, Inc.)

Relocation. Landlord shall have the right at any timeoption, except during the last six upon not less than thirty (630) months of the Term, and after giving Tenant a minimum of sixty (60) days’ days prior written noticenotice to Tenant, to: a) provide and furnish to relocate Tenant with to other space elsewhere in the Building Project, of approximately the same size as, with and similar level of improvements comparable to the improvements in the Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premises. Landlord shall pay reimburse Tenant for reasonable out-of-pocket relocation expenses approved by Landlord in advance of any such relocation. After such relocation, all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s reasonable reprinting costs for announcementsterms, covenants, conditions, provisions, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every term, covenant and condition agreements of this Lease shall remain continue in full force and effect and be deemed applicable shall apply to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, relocation space except that that: (i) if the approximate rentable square footage then unexpired balance of the Substitute Premises is Term of this Lease shall be less than one year, the term of this Lease shall be extended so that the unexpired balance of the Premises, the Fixed Monthly Rent and Tenant’s Share Term of Operating Expense increases this Lease shall be appropriately reduced or one year from the date of the move and (ii) if the approximate rentable relocation space contains more square footage than the presently leased Premises, the monthly rental shall be increased proportionately. If Tenant shall retain possession of the Substitute Premises is greater than that or any part thereof following the date set for relocation, Tenant shall be liable to Landlord, for each day of such retention, for double the amount of the daily rental for the last period prior to the date of such expiration or termination, plus actual damages incurred by Landlord resulting from delay by Tenant in surrendering the Premises, including, without limitation, any claims made against Landlord by any succeeding tenant to the Fixed Monthly Rent Premises and Tenant’s Share of Operating Expense increases shall be as set forth Landlord's costs in this Lease. Landlord shall use commercially reasonable efforts taking any action to cause such relocation to occur over a weekend period. If evict Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocatePremises.

Appears in 1 contract

Sources: Industrial Lease (Trellis Earth Products Inc)

Relocation. At any time after ▇▇▇▇▇▇'s execution of this Lease, Landlord shall have the right at any timeright, except during the last six upon thirty (6) months of the Term, and after giving Tenant a minimum of sixty (6030) days' prior written noticenotice to Tenant, to: a) to provide and furnish Tenant with reasonably similar space elsewhere in the Building Project of approximately the same size as, with improvements comparable to the improvements in as the Premises (the “Substitute Premises”), and b) and to relocate Tenant to said space. In the event that Landlord shall exercise such Substitute right subsequent to Tenant's occupancy of the Premises. , Landlord shall pay all reasonable costs and expenses incurred as a result of moving Tenant to such relocation (including Tenant’s reasonable reprinting costs for announcements, and to replace Tenant’s existing stock of stationery and business cards)new space. If Landlord moves Tenant to the Substitute Premisessuch new space, then this Lease and each and every term, covenant all of the terms and condition of this Lease covenants and conditions hereof shall remain in full force and effect and thereupon be deemed applicable to such new space, except that the Substitute Premisesnew space shall be substituted for the current space, as though Landlord and Tenant had entered into an express written amendment a revised floor plan shall become part of this Lease with respect thereto, except that (i) if and shall reflect the approximate location of the new space and Base Rent shall be proportionately adjusted to reflect any change in the rentable square footage of the Substitute Premises is less than that of new space as compared to the original Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend period. If Should Tenant refuses refuse to permit Landlord to relocate move Tenant as specified aboveto such new space, Landlord shall have the right to terminate this Lease by written notice to Tenant, which termination shall be effective ninety sixty (90) days from 60)days after the date of Landlord's original notice of relocation. Nothing contained in this Section 22.18 shall require Landlord provided to offer to Tenant with to substitute any similar space that becomes available in the original notification of intent Project for Tenant's existing space or any other similar space that is or becomes available in the Project if Tenant refuses to relocatepermit Landlord to relocate Tenant to the relocation space initially proposed by Landlord as a substitute for ▇▇▇▇▇▇'s existing space.

Appears in 1 contract

Sources: Full Service Lease (Q Matrix Inc)

Relocation. At any time and from time to time after Tenant's execution of this Lease, Landlord shall have the right at any timeright, except during the last six upon providing Tenant thirty (630) months of the Termdays notice in writing, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) to provide and furnish Tenant with reasonably similar space elsewhere in the Building of approximately the same size as, with improvements comparable as the Premises and to move Tenant to said space. In the event that Landlord shall exercise such right subsequent to the improvements in actual occupancy of the Premises (by Tenant, Landlord shall arrange for moving Tenant and shall pay the “Substitute Premises”), and b) relocate costs of moving Tenant to such Substitute Premisesnew space and all other reasonable expenses related to such relocation. Landlord shall pay all reasonable costs and expenses incurred as a result of Following any such relocation (including Tenant’s reasonable reprinting costs for announcementsrelocation, this Lease, and to replace Tenant’s existing stock of stationery and business cards). If Landlord moves Tenant to the Substitute Premises, each and every termall of the terms and covenants and conditions hereof, covenant and condition of this Lease shall remain in full force and effect and thereupon be deemed applicable to the Substitute Premises, as though Landlord and Tenant had entered into an express written amendment such new space except that a revised floor plan shall become part of this Lease with respect thereto, except that (i) if and shall reflect the approximate rentable square footage location of the Substitute Premises is less than that new space. Tenant's Share and Base Rent shall be adjusted to reflect the size of the Premisesnew premises, but such adjustment shall not increase the Fixed Monthly Base Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or by more than five percent (ii) if the approximate rentable square footage 5.0%), regardless of the Substitute Premises is greater than that size of the Premises, substituted premises. Should Tenant refuse to move to such new space at the Fixed Monthly Rent and Tenant’s Share end of Operating Expense increases shall be as set forth in this Lease. Landlord shall use commercially reasonable efforts to cause such relocation to occur over a weekend said thirty (30) day period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right right, in addition to exercising any other remedies provided in this Lease, to terminate this Lease effective ninety by notice given to Tenant in writing within ten (9010) days from following the end of said thirty (30) day period, which termination shall be effective sixty (60) days after the date Landlord provided Tenant with of the original notification notice of intent relocation by Landlord. Tenant shall continue to relocatepay Rent and perform all of its obligations hereunder until termination of this Lease.

Appears in 1 contract

Sources: Lease (Sedona Corp)