Common use of Right of Relocation Clause in Contracts

Right of Relocation. University shall have the right to relocate Tenant's Leased Premises including any improvements located thereon when necessary to accommodate the overall growth and development of the University, continue its academic mission, or for operational or administrative needs. The need for such relocation shall be determined by the University. 1.6.1 If the University decides that relocating Tenant is necessary, Tenant shall be assigned a replacement area, if available, which is equivalent in size, location, and amenities. The University shall provide Tenant with notice of the (i) relocation and (ii) identify the replacement location (“Replacement Location”). If Tenant disagrees with the Replacement Location, Tenant shall have the right, within fifteen (15) calendar days of receipt of the University’s written notice the impending relocation, to provide written notice to the University that Tenant disagrees with the Replacement Location. Upon such written notice by Xxxxxx, the parties shall, for a period not to exceed thirty (30) days from the date of such notice, negotiate in good faith an attempt to resolve the matter to the satisfaction of both parties; however, if for any reason this issue is not resolved within thirty (30) days, University shall have the right to unilaterally decide the matter, and Xxxxxx agrees to and shall abide by University's decision. 1.6.2 If the University serves written notice on Tenant that Tenant is to be relocated to the Replacement Location and Tenant agrees, Tenant shall take or cause to be taken any and all actions as may be required to vacate the Leased Premises and surrender the same to the University and begin occupying the Replacement Location upon written notice by the University that the Replacement Location is available for use or occupancy by Tenant. Tenant shall be responsible for moving its trade fixtures. 1.6.3 If University requires Tenant to relocate to the Replacement Location during the Term of this Lease, the cost of the replacement site and improvements located thereon shall be borne by University. 1.6.4 Upon notice by the University to the Tenant that the Replacement Location is available for Tenant’s use or occupancy, the Replacement Location shall become the Leased Premises and subject to all terms, conditions, and other obligations in this Lease.

Right of Relocation. University City shall have the right to relocate Tenant's Leased the Premises including any improvements located thereon when if necessary to accommodate the overall growth and development of the University, continue its academic mission, or for operational or administrative needsAirport. The need for such relocation shall be determined solely by Director. In the University. 1.6.1 If the University decides that relocating Tenant is event relocation becomes necessary, Tenant shall be assigned a replacement area, if available, which is generally equivalent in size, location, size and amenitiesamenities to the Premises. The University shall provide Should Tenant disagree with notice of the (i) relocation and (ii) identify the replacement location (“Replacement Location”). If Tenant disagrees with the Replacement Locationlocation, Tenant shall have the right, within fifteen thirty (1530) calendar days of receipt of the UniversityDirector’s written notice the of impending relocation, to provide written notice to the University Director that Tenant disagrees with the Replacement Locationreplacement location. Upon such written notice by XxxxxxTenant, the parties shall, for a period not to exceed thirty (30) days from the date of such notice, negotiate in good faith in an attempt to resolve the matter to the satisfaction of both parties; however, if for any reason this issue the disagreement is not resolved within the thirty (30) days, University Director shall have the right to unilaterally decide the matter. In such case, and Xxxxxx agrees Tenant may terminate this Lease, which shall be deemed an early termination of hereof, or may agree to and shall abide by University's Director’s decision. 1.6.2 If the University serves written . Should Director serve notice on to Tenant that Tenant is to be relocated to the Replacement Location and Tenant agreesor must surrender space because of reallocation, Tenant agrees that it shall take or cause to be taken any and all actions as may be required to vacate the Leased Premises and surrender the same to the University and begin occupying the Replacement Location upon written City not later than one (1) year after receipt of Director’s notice by the University that the Replacement Location is available for use or occupancy by Tenantof his final decision. Tenant shall be responsible for moving its trade fixtures. 1.6.3 If University requires , personal property, and personnel. City will reimburse Tenant for its documented, actual, and reasonable direct costs incurred to relocate move to the Replacement Location during the Term relocated area, but in no event shall City be liable for any consequential or incidental costs or damages arising out of this Leasesuch relocation, the including, but not limited to, lost profits, lost revenues, or increased cost of the replacement site and improvements located thereon shall be borne by Universitydoing business. 1.6.4 Upon notice by the University to the Tenant that the Replacement Location is available for Tenant’s use or occupancy, the Replacement Location shall become the Leased Premises and subject to all terms, conditions, and other obligations in this Lease.

Right of Relocation. University shall have In the right event Landlord elects to cause an expansion or contraction of the Leased Premises or Building, or Landlord deems it advisable to relocate the Tenant's Leased Premises including any improvements located thereon when necessary , then Landlord, upon ninety (90) days prior notice in writing to accommodate Tenant, may terminate this Lease. During the overall growth and development ninety (90) days period, Landlord shall offer to Tenant such alternative location of approximately the Universitysame square footage as may be available in the Building from time to time. In the event the parties agree upon a specific location, continue its academic mission, or for operational or administrative needs. The need for such relocation then this Lease shall be determined amended by substituting the University. 1.6.1 If new location for the University decides that relocating Tenant is necessary, Tenant present location and rent shall be assigned a replacement area, if available, which is equivalent proportionately adjusted. Landlord shall cause all construction in size, location, the new premises to be completed and amenities. The University shall provide Tenant with notice of the (i) relocation and (ii) identify the replacement location (“Replacement Location”). If Tenant disagrees with the Replacement Location, Tenant shall have the right, open for business within fifteen (15) calendar days of receipt of the University’s written notice the impending relocation, to provide written notice to the University that Tenant disagrees with the Replacement Location. Upon such written notice by Xxxxxx, the parties shall, for a period not to exceed thirty (30) days following delivery of the new premises to Tenant. Landlord shall pay all costs in constructing Tenant’s work in new premises plus the reasonable costs of relocating Tenant from the date of such notice, negotiate in good faith an attempt to resolve the matter original premises to the satisfaction new premises. In the event Landlord and Tenant are unable to agree on an alternative location, this Lease shall terminate at the end of both parties; howeverthe said ninety (90) day period. Tenant shall deliver possession of the Leased Premises to Landlord on or before the termination and/or relocation date in their present condition, if for any reason this issue is not resolved reasonable wear and tear expected, and subject to all charges which are due and owing by Tenant or which shall be accrued up to such date (which charges shall be paid to Landlord within thirty (30) days, University shall have the right to unilaterally decide the matter, and Xxxxxx agrees to and shall abide by University's decision. 1.6.2 If the University serves written notice on Tenant that Tenant is to be relocated to the Replacement Location and Tenant agreesdays of such date). Unless otherwise provided herein, Tenant shall take or cause to be taken released from any and all actions as may be required further obligations pursuant to vacate this Lease accruing or arising from and after the Leased Premises and surrender the same date of termination with respect to the University vacated premises, except for any indemnification which survives this Lease and begin occupying provided however, that in the Replacement Location upon written notice by the University that the Replacement Location is available for use or occupancy by Tenant. event of relocation, Tenant shall be responsible remain liable for moving its trade fixturessuch obligations and charges accruing under this Lease after the date of such relocation. 1.6.3 If University requires Tenant to relocate to the Replacement Location during the Term of this Lease, the cost of the replacement site and improvements located thereon shall be borne by University. 1.6.4 Upon notice by the University to the Tenant that the Replacement Location is available for Tenant’s use or occupancy, the Replacement Location shall become the Leased Premises and subject to all terms, conditions, and other obligations in this Lease.

Right of Relocation. University 17.1 Sublandlord shall have the right to relocate Tenant's Leased Subtenant to other premises in the Building which are comparable in terms of quality, size and build-out and located on or above the 20th floor of the Building and having a commercially leaseable number of perimeter exterior windows (which may be different from the number of perimeter exterior windows in the original premises) (“Relocation Premises”) and which may be within the Xxxxxxxxx Premises or elsewhere in the Building, provided, such premises may only be located elsewhere in the Building if such premises is leased by Sublandlord pursuant to a lease from the Overlandlord that is no less favorable to Subtenant in its application to Subtenant, in any material respect, than the Xxxxxxxxx. In order to exercise this right, Sublandlord shall give Subtenant notice (a “Relocation Notice”) specifying the Relocation Premises and, if any work will be performed in order to conform the Relocation Premises to the requirement of the first sentence of this Section (“Sublandlord’s Relocation Work”), an outline plan and specifications therefor; provided, however, that such notice shall not be effective unless Overlandlord has consented to the relocation (whether or not the Relocation Premises are within the Xxxxxxxxx Premises). The Relocation Notice must be given, if at all, within the period ending two (2) years from the Commencement Date. If Subtenant believes that the Relocation Premises (including any improvements located thereon when necessary Sublandlord’s Relocation Work described in the Relocation Notice) will not conform to accommodate the overall growth and development requirements of the Universityfirst sentence of this Section 17.1, continue its academic mission, or for operational or administrative needs. The need for such relocation Subtenant shall be determined by the University. 1.6.1 If the University decides that relocating Tenant is necessary, Tenant shall be assigned a replacement area, if available, which is equivalent in size, location, and amenities. The University shall provide Tenant with notice of the (i) relocation and (ii) identify the replacement location (“Replacement Location”). If Tenant disagrees with the Replacement Location, Tenant shall have the right, so notify Sublandlord within fifteen (15) calendar days of receipt of the University’s written notice the impending relocation, to provide written notice to the University that Tenant disagrees with the Replacement Location. Upon such written notice by Xxxxxx, the parties shall, for a period not to exceed thirty (30) days from of Subtenant’s receipt of the date of such notice, negotiate in good faith an attempt to resolve the matter to the satisfaction of both parties; howeverRelocation Notice (a “Relocation Dispute Notice”) and, if for any reason this issue Subtenant shall timely give such a Relocation Dispute Notice and the dispute is not resolved within thirty five (305) daysdays thereafter, University the dispute shall be resolved pursuant to the expedited arbitration rules of the American Arbitration Association. If Subtenant shall fail timely to give such a Relocation Dispute Notice, the Relocation Premises shall be deemed to conform to the requirements of the first sentence of this Section 17.1 and Subtenant shall be deemed to have the waived any right to unilaterally decide the matter, and Xxxxxx agrees to and shall abide by University's decision. 1.6.2 If the University serves written notice on Tenant that Tenant is to be relocated assert to the Replacement Location and Tenant agrees, Tenant shall take or cause to be taken any and all actions as may be required to vacate contrary. If either (i) the Leased Premises and surrender the same to the University and begin occupying the Replacement Location upon written notice by the University that the Replacement Location is available for use or occupancy by Tenant. Tenant dispute shall be responsible for moving its trade fixtures. 1.6.3 If University requires Tenant to relocate to the Replacement Location during the Term of this Lease, the cost of the replacement site and improvements located thereon shall be borne by University. 1.6.4 Upon notice by the University to the Tenant that the Replacement Location is available for Tenant’s use or occupancy, the Replacement Location shall become the Leased Premises and subject to all terms, conditions, and other obligations in this Lease.resolved