SPACE REDUCTION. All space reduction requests must be in writing and will become effective when received and acknowledged in writing by CTA (“reduction notice”). Exhibitors are responsible for paying the cost of the booth that they occupy per the payment schedule as follows.
SPACE REDUCTION. Effective as of December 31, 2016 (the “Surrender Date”) (a) that portion of the Premises located on floor 16 of the Building and containing approximately 24,657 square feet of Rentable Square Footage (the “Reduction Space”) shall be subtracted from the Premises, and (b) the term, “Premises,” as used in the Lease shall mean and include approximately 65,101 square feet of Rentable Square Footage (the “Remaining Premises”), 1301 XXXXXXXX/KEY ENERGY SERVICES, INC. 24th Amendment consisting of (x) approximately 15,307 square feet of Rentable Square Footage on floor 15 of the Building as shown on Exhibit A attached hereto and incorporated herein by reference, (y) approximately 24,657 square feet of Rentable Square Footage on floor 17 of the Building as shown on Exhibit A-1 attached hereto and incorporated herein by reference, and (z) approximately 25,137 square feet of Rentable Square Footage on floor 18 of the Building as shown on Exhibit A-2 attached hereto and incorporated herein by reference. As of the Surrender Date, (i) Tenant shall no longer have any right to occupy and/or use the Reduction Space, (ii) the Lease shall be deemed terminated with respect to the Reduction Space, and (iii) neither Tenant nor Landlord shall have any further liability or obligation to the other with respect to the Reduction Space, except for those items that survive the termination of the Lease pursuant to its terms and except as specifically set forth in this Amendment.
SPACE REDUCTION. On the Effective Date (as hereinafter defined), the Reduction Space shall be subtracted from the Premises, and shall be deemed surrendered by Tenant to Landlord, and the Lease shall be deemed terminated with respect thereto: provided, if Tenant shall violate any provision hereof, or if Tenant's representations herein shall be false or materially misleading, Landlord shall have the right to declare this Agreement null and void, and to reinstate the Lease with respect to the Reduction Space, in addition to. and not in lieu of, any other rights or remedies available to Landlord. Tenant shall fully comply with all obligations under the Lease respecting the Reduction Space through the Effective Date, including those provisions relating to the condition of the Reduction Space, and removal of Tenant's personal property therefrom, upon termination or expiration of the Lease. If Tenant shall holdover in the Reduction Space beyond the Effective Date, Tenant shall be liable for rentals and other charges respecting the Reduction Space equal to twice the amount in effect under the Lease, prorated on a per them basis, and on 6 per square foot basis for the Reduction Space. Such holdover amount shall not be in limitation of Tenant's liability for consequential or other damages arising from Tenant's holding over nor as permission for Tenant to hold over in the Reduction Premises. If Landlord shall install a wall demising off the Reduction Space from the Remaining Premises, Tenant shall promptly reimburse Landlord's costs in connection therewith, as additional rent under the Lease.
SPACE REDUCTION. The Lease is amended to provide that, effective as of 11:59 p.m. on October 31, 2001 (the "EFFECTIVE Date"), (a) the Reduction Space shall be subtracted from the Leased Premises, (b) the floor plan drawings attached to the Lease as EXHIBIT "A" shall be deleted and replaced with EXHIBIT "A-2" attached to this Amendment, and (c) the term, "LEASED PREMISES," as used in the Lease shall mean and include approximately 46,798 square feet of Rentable Area being the entirety of the third (3rd) and fourth (4th) floors of the Building, being the Rentable Area of the Leased Premises. As of the Effective Date, (i) Tenant shall no longer have any right to occupy and/or use the Reduction Space, (ii) the Lease shall be deemed terminated with respect to the Reduction Space, and (iii) neither Tenant nor Landlord shall have any further liability or obligation to the other with respect to the Reduction Space, except for those items that survive the termination of the Lease pursuant to its terms and except as specifically set forth in this Amendment.
SPACE REDUCTION. Notwithstanding how the New Premises is defined in the Lease and the Amendments thereto, Landlord and Tenant do hereby agree that Tenant may reconfigure and reduce the size of the New Premises by giving back certain portions of the New Premises to Landlord. Tenant shall retain the entire second floor of the New Premises but may give back space on the first floor of the New Premises. Premises space retained by Tenant may be referred to as “Retained Space” and portions of the Premises returned to Landlord pursuant to the terms hereof may be referred to as “Returned Space”.
SPACE REDUCTION. The Lease is amended to provide that, effective as of 11:59 p.m. on April 30, 2015 (the “Reduction Date”), (a) the Reduction Space shall be subtracted from the Premises, (b) the floor plan drawings with respect to the portion of the Premises located on floor 15 of the Building attached as Exhibit A-1 to the Tenth Amendment, Exhibit A-2 attached to the Thirteenth Amendment and Exhibit A-1 attached to the Fifteenth Amendment shall be deleted and replaced with Exhibit A-1 attached to this Amendment (the “Floor 15 Portion of the Remaining Premises”), and (c) the term, “Premises,” as used in the Lease shall mean and include approximately 89,758 square feet of Rentable Square Footage on floors 15, 16, 17 and 18 of the Building, being the Rentable Square Footage of the Remaining Premises. As of the Reduction Date, (i) Tenant shall no longer have any right to occupy and/or use the Reduction Space, (ii) the Lease shall be deemed terminated with respect to the Reduction Space except for the continuing Rent obligation set forth in Xxxxxxxxx 0 xxxxx, (xxx) except for the continuing Rent obligation set forth in Paragraph 3 below, neither Tenant nor Landlord shall have any further liability or obligation to the other with respect to the Reduction Space, except for those items that survive the termination of the Lease pursuant to its terms and except as specifically set forth in this Amendment. Additionally, Tenant shall have no further option to surrender a portion of the Premises pursuant to Paragraph 4 of the Twenty-First Amendment.
SPACE REDUCTION. CLIENT may reduce its space commitment in the PA Facility by up to [***]% on each anniversary of the Effective Date, provided that CLIENT gives GEODIS notice of such reduction on or before the date that is [***] before the anniversary date. [***]
SPACE REDUCTION. Tenant shall have a one (1) time option to surrender a portion of the Premises located on floor 15 of the Building consisting of between 5,000 and 8,000 square feet of Rentable Square Footage, the exact square footage to be determined by Landlord’s architect (the “Reduction Space”), no earlier than January 1, 2015 and no later than May 1, 2015 (such date selected by Tenant being the “Reduction Date”), provided that (A) Tenant gives written notice (the “Reduction Notice”) thereof to Landlord not later than thirty (30) days prior to the Reduction Date (which Reduction Notice shall specifically identify the Reduction Space), (B) the Reduction Space is in a configuration that is, in the reasonable judgment of Landlord, leasable to third parties, (C) Tenant is not in default under the Lease beyond any applicable notice or cure period at the time of the giving of the Reduction Notice or on the Reduction Date, and (D) the parties expressly agree that the space located adjacent to the Building telecom room may be all or part of the Reduction Space. Tenant shall not be obligated to pay any contraction fee to exercise such reduction; provided, however, that notwithstanding the reduction of the Premises by the Reduction Space as of the Reduction Date, Tenant shall continue to pay Rent (inclusive of Base Rent, the OE Payment and the management fee) for the Reduction Space for the period commencing on the Reduction Date and expiring on June 30, 2016, except that Tenant shall receive for such period a credit against Base Rent equal to $15.00 per square foot of Rentable Square Footage per annum, which credit shall be ratably applied over the aforesaid 18-month period. Tenant agrees that the calculation of the Reimbursement Allowance amount under Exhibit A attached hereto shall exclude the Reduction Space and Tenant shall not be permitted to expend any portion of the Reimbursement Allowance for improvements or work within the Reduction Space (other than for the construction of the Demising Wall as hereinbelow provided). If Tenant duly elects to reduce the Premises by the Reduction Space, then the following provisions shall additionally apply:
SPACE REDUCTION. Landlord and Tenant do hereby agree to a space reduction of the Additional Premises by two thousand five hundred fifty-eight (2,558) square feet as shown on Exhibit “A” attached hereto and made a part hereof. Effective as of the date of completion of Landlord’s Work as set forth hereinbelow, the resulting Additional Premises shall be nine thousand forty-two (9,042) square feet.
SPACE REDUCTION. The Lease is amended to provide that, effective as of 11:59 p.m. on September 15, 2006 (the “Effective Date”), (a) the Reduction Space shall be subtracted from the Premises and (b) the term, “Premises,” as used in the Lease, shall mean and include approximately 5,994 rentable square feet consisting of 2000 Xxxxxxxx Xxxxxxxxx and 2000 Xxxxxxxx Xxxxxxxxx, being the rentable area of the Remaining Premises. As of the Effective Date, (i) Tenant shall no longer have any right to occupy and/or use the Reduction Space, (ii) the Lease shall be deemed terminated with respect to the Reduction Space, and (iii) neither Tenant nor Landlord shall have any further liability or obligation to the other with respect to the Reduction Space, except for those items that survive the termination of the Lease pursuant to its terms and except as specifically set forth in this Amendment.
