Tenant Relocation. Landlord shall have the right, at any time upon sixty (60) days written notice to Tenant, to relocate Tenant into other space within the Building comparable to the Premises. Upon such relocation, such new space shall be deemed the Premises and the prior space originally demised shall in all respects be released from the effect of this Lease. If the Landlord elects to relocate Tenant as above described.
Tenant Relocation. The Owner must ensure that the completion of the Scope of Work does not result in the involuntary, permanent displacement of any resident. In addition to compliance with the URA as described in Section 6(a) below, the Owner is responsible for ensuring that all relocation requirements, as set forth in Section 8 of the GRRP Notice, are met and shall provide HUD with a certification regarding the residency and relocation history of residents upon completion of the Scope of Work.
Tenant Relocation. Applicants proposing rehabilitation or demolition of occupied housing shall comply with Section 10322(h)(28) of the CTCAC regulations provide a detailed description of the relocation plan with the costs included in the Project’s budget. Where existing low income tenants will receive a rent increase exceeding five percent (5%) of their current rent, Applicants shall provide a relocation plan addressing economic displacement. Where applicable, the Applicant shall provide evidence that the relocation plan is consistent with the Uniform Relocation Assistance and Real Property Acquisition Policy Act (42 U.S.C. chapter 61) and has been submitted to the appropriate local agency. Note: Authority cited: Section 8869.94, Government Code. Reference: Sections 8869.84(c), 8869.85(a), and 8869.85(b), Government Code.
Tenant Relocation. Subject to Xxxxx’s review of the terms of the current lease(s) or license(s) to which any or all of the Property is subject, the Parties agree that any and all tenants will not be entitled to relocation benefits.
Tenant Relocation. Seller shall make commercially reasonable best efforts to expeditiously consolidate the existing Tenants of the portion of the Property known as 0000 X. Xxxxx Xxxxxx into the portion of the Property known as 0000 X. Xxxxx Xxx. (collectively the “Relocating Tenants”), in order to make the portion of the Property known as 0000 X. Xxxxx Xxxxxx available for occupancy by Buyer by January 18, 2012. Buyer and Seller in good faith shall collaborate and shall come up with a mutually agreeable plan within (3) days after execution (“Approved Tenant Relocations”) of this Agreement, to designate which tenant is offered relocation, reduction, termination or off premises relocation. Buyer shall have sole and absolute discretion to reject any relocation plan offered by Seller and Buyer may terminate this agreement and receive the Deposit back if Buyer does not approve the Approved Tenant Relocations plan. Should Seller be unable to effectuate the relocation pursuant to the Approved Tenant Relocations by January 17, 2012, or as it may be extended consistent with Section 4.2, January 20, 2012, Buyer may thereafter elect in its sole discretion to (i) terminate this agreement and receive the Deposit back or (ii) complete the Closing and receive a credit of $30 per rentable square foot for any square footage of Relocating Tenants remaining in the 0000 X. Xxxxx Xxxxxx building against the Purchase Price (the "Buyer Relocation Credit"). Any actual documented expenditures made by Seller pursuant to Approved Tenant Relocations for any such remaining Relocating Tenants shall be deducted from the Buyer Relocation Credit. Any compensation, reimbursement of costs, tenant improvement allowances, rent credits, rent reductions or other consideration payable to the Relocating Tenants or in connection with the relocation of the Relocating Tenants or any other costs and expenses associated with the relocation of the Relocating Tenants (collectively the “Relocation Consideration”) shall be the sole responsibility of Seller and shall credited to the Purchase Price at the Close of Escrow. If Buyer elects to complete the Closing, receive the Buyer Relocation Credit, and complete the Approved Tenant Relocations, then Buyer shall not be entitled to an Extension Credit under Section 4.2.
Tenant Relocation. Landlord shall have the right, at any time upon sixty (60) days written notice to Tenant, to relocate Tenant into other space within the Building or the Park. Upon such relocation, such new space shall be deemed the Premises and the prior space originally demised shall in all respects be released from the effect of this Lease. If the Landlord elects to relocate Tenant as above described, (i) the new Premises shall contain approximately the same as or greater usable area than the original Premises, (ii) the Landlord shall improve the new Premises, at Landlord’s sole cost, to at least the standards of the original Premises, (iii) the Landlord shall pay the reasonable costs of moving Tenant’s trade fixtures and furnishings from the Original Premises to the new Premises, (iv) as total compensation for all other costs, expenses, and damages which Tenant may suffer in connection with the relocation, including but not limited to, lost profit or business interruption, no Base Rent or Operating Expenses shall be due or payable for the first full calendar month of Tenant’s occupancy of the new Premises, and Landlord shall not be liable for any further indirect or special expenses of Tenant resulting from the relocation, (v) Base Rent, Tenant’s proportionate share of Operating Expenses, and all other charges hereunder shall be adjusted for variation in the square footage of the new Premises, and (vi) all other terms of this Lease shall apply to the new Premises, except as otherwise provided in this paragraph.
Tenant Relocation. Landlord shall be allowed to relocate Tenant to other comparably sized space within Huntington Oaks (“New Premises”). Upon Landlord’s relocation of Tenant to the New Premises, the New Premises shall for all purposes herein be deemed to be the Premises, and this Lease shall continue in full force and effect without any change in the other terms or conditions hereof, excepting however, that Base Rent and Additional Rent shall be proportionately adjusted to reflect any change to the square footage of the New Premises. Landlord agrees to pay to Tenant, as an allowance or credit toward Tenant’s costs of relocating to the New Premises, an amount equal to three (3) months of Base Rent at the New Premises to be paid in the form of a rent abatement during Tenant’s first three months of occupancy in the New Premises. Tenant shall, no later than sixty (60) days after taking possession of the New Premises, vacate the existing Premises and surrender it to Landlord under the same terms and conditions as set forth in Section 10.3 below.
Tenant Relocation. Intentionally Deleted.
Tenant Relocation. It is specifically agreed between Landlord and Tenant that Landlord shall have the one (1) time right at any time during the Term of this Lease (including without limitation the primary or any renewal or extension term thereof) to substitute, instead of the Premises, other space of at least the area of the Premises (such other space being hereinafter referred to as the "SUBSTITUTION SPACE") located anywhere in the Building; provided, however, that such Substitution Space (i) contains at least the same number of windows (with the same or substantially similar exposure) and at least the same number of offices as the Premises, (ii) consists of at least the same square footage as the Premises, (iii) has a similar or better layout as the Premises and (iv) is not substantially blocked by signage. Landlord shall exercise such right by giving Tenant at least thirty (30) days' prior written notice specifying the effective date of such substitution of the Substitution Space, whereupon, as of such effective date:
Tenant Relocation. Landlord, in its sole discretion, shall have the right once during the Lease to change the location of the Premises to other space ("Substituted Premises") within the Shopping Center upon 45 days prior written notice provided that the Substituted Premises shall contain a minimum floor area of approximately the same number of square feet as are contained in the Premises. Landlord shall bear and pay for the cost and expense of any such relocation. Tenant shall not be entitled to any compensation or other relief for damages resulting from such relocation, although Landlord shall make a reasonable effort to minimize such interference. Tenant shall cooperate with Landlord so as to facilitate the prompt completion of Tenant’s relocation by Landlord. Landlord and Tenant shall, within a reasonable period of time after Tenant’s relocation to the Substituted Premises has been fully effected, execute an amendment to the Lease reciting Tenant’s relocation, Tenant’s acceptance of the condition of the Substituted Premises and any improvements constructed therein and any changes in the Fixed Rent and/or any other charges relating to the Substituted Premises. Payments of Fixed Rent and any other charges relating to the Substituted Premises shall commence on the earlier of (a) 10 days after Landlord has completed the physical relocation and installation of any necessary improvements in the Substituted Premises or (b) the date that Tenant first opens for business in the Substituted Premises.
