Common use of Reset Proposal Notice Clause in Contracts

Reset Proposal Notice. If Lessor desires to reset the aforesaid components of Rent, subject to subsection (c) below, Lessor shall give Tenant notice (a “Reset Proposal Notice”), on any date that is not prior to January 20, 2006 but not later than July 19, 2007, that, subject to a determination of the Fair Market Rental in accordance with the provisions of this Section 3.2, Lessor may be interested in resetting the aforesaid components of Rent for the aforesaid balance of the Term. The Reset Proposal Notice shall set forth Lessor’s proposal of Fair Market Rental, for the aforesaid balance of the Term, including any escalations proposed by Lessor, and shall further include Lessor’s proposal for an amended Exhibit C containing Lessor’s proposed allocations of Base Rent and Transferred Property Percentages, for each of the Leased Properties. Provided that Lessor exercises the Reset Option pursuant to subsection (e) below, the date of delivery of the Reset Proposal Notice is referred to herein as the “Reset Date”, provided, however, that, if the Reset Proposal Notice is sent prior to July 19, 2006, the “Reset Date” shall be July 19, 2006.

Reset Proposal Notice. If Lessor desires to reset the --------------------- aforesaid components of Rent, subject to subsection (c) below, Lessor shall give Tenant notice (a “"Reset Proposal Notice”"), on any date that is not prior to --------------------- January 20, 2006 but not later than July 19, 2007, that, subject to a determination of the Fair Market Rental in accordance with the provisions of this Section 3.2, Lessor may be interested in resetting the aforesaid components ----------- of Rent for the aforesaid balance of the Term. The Reset Proposal Notice shall set forth Lessor’s 's proposal of Fair Market Rental, for the aforesaid balance of the Term, including any escalations proposed by Lessor, and shall further include Lessor’s 's proposal for an amended Exhibit C containing Lessor’s 's proposed --------- allocations of Base Rent and Current Rent, and Transferred Property Percentages, for each of the Leased Properties. Provided that Lessor exercises the Reset Option pursuant to subsection (e) below, the date of delivery of the Reset Proposal Notice is referred to herein as the “"Reset Date”", provided, however, -------- ------- that, if the Reset Proposal Notice is sent prior to July 19, 2006, the “"Reset Date” " shall be July 19, 2006.

Reset Proposal Notice. If Lessor desires to reset the aforesaid --------------------- components of Rent, subject to subsection (c) below, Lessor shall give Tenant notice (a “"Reset Proposal Notice”"), on any date that is not prior to January 20, --------------------- 2006 but not later than July 19, 2007, that, subject to a determination of the Fair Market Rental in accordance with the provisions of this Section 3.2, Lessor ----------- may be interested in resetting the aforesaid components of Rent for the aforesaid balance of the Term. The Reset Proposal Notice shall set forth Lessor’s 's proposal of Fair Market Rental, for the aforesaid balance of the Term, including any escalations proposed by Lessor, and shall further include Lessor’s 's proposal for an amended Exhibit C containing Lessor’s 's proposed allocations of --------- Base Rent and Current Rent, and Transferred Property Percentages, for each of the Leased Properties. Provided that Lessor exercises the Reset Option pursuant to subsection (e) below, the date of delivery of the Reset Proposal Notice is referred to herein as the “"Reset Date”", provided, however, that, if the Reset -------- ------- Proposal Notice is sent prior to July 19, 2006, the “"Reset Date” " shall be July 19, 2006.