Tenant’s Request. Tenant shall send a notice to Landlord by the time set for such notice in the applicable section of this Lease, requesting a Broker Determination of the Prevailing Market Rent, which notice to be effective must (i) make explicit reference to this Lease and to the specific section of this Lease pursuant to which said request is being made, (ii) include the name of a broker selected by Tenant to act for Tenant ("Tenant's Broker"), which broker shall be affiliated with a major Boston commercial real estate brokerage firm selected by Tenant and which broker shall have at least ten (10) years experience dealing in properties of a nature and type generally similar to the Building located in the Boston Northwest Suburban Market, and (iii) explicitly state that Landlord is required to notify Tenant within ten (10) days of an additional broker selected by Landlord.
Appears in 5 contracts
Samples: Lease Agreement (Irobot Corp), Lease Agreement (Irobot Corp), Lease Agreement (Irobot Corp)
Tenant’s Request. Tenant shall send a notice to Landlord by in accordance with Section 3.2 of the time set for such notice in the applicable section of this Lease, requesting a Broker Determination of the Prevailing Market Rent, which notice to be effective must (i) make explicit reference to this the Lease and to the specific section of this the Lease pursuant to which said request is being made, (ii) include the name of a broker selected by Tenant (“Tenant’s Broker”) to act for Tenant ("Tenant's Broker"), which broker shall be affiliated with a major metropolitan Boston commercial real estate brokerage firm selected by Tenant and which broker shall have at least ten (10) years years’ experience dealing in properties of a nature and type generally similar to the Building located in the Boston Northwest Suburban MarketXxxxxxx Square market areas, and (iii) explicitly state that Landlord is required to notify Tenant within ten thirty (1030) days of an additional broker selected by Landlord.
Appears in 2 contracts
Samples: Lease Agreement (Akamai Technologies Inc), Lease Agreement (Akamai Technologies Inc)
Tenant’s Request. Tenant shall send a notice to Landlord by in accordance with Sections 2.1.1, 2.1.2 or 8.20 of the time set for such notice in the applicable section of this Lease, as applicable, requesting a Broker Determination of the Prevailing Annual Market Rent, which notice to be effective must (i) make explicit reference to this the Lease and to the specific section of this the Lease pursuant to which said request is being made, (ii) include the name of a broker selected by Tenant to act for Tenant ("Tenant's Broker"), which broker shall be affiliated with a major metropolitan Boston commercial real estate brokerage firm selected by Tenant and which broker shall have at least ten (10) years experience dealing in properties of a nature and type generally similar to the Building located in the Boston Northwest Suburban MarketMarket Area, (iii) state Tenant’s determination of Annual Market Rent, and (iiiiv) explicitly state that Landlord is required to notify Tenant within ten thirty (1030) days of an additional broker selected by Landlord, together with Landlord’s determination of Annual Market Rent.
Appears in 1 contract
Samples: Lease Agreement (Phase Forward Inc)