To Tenant Sample Clauses

To TenantUpon receipt by Tenant of the Demand Notice, in a written notice (the "Election Notice") to Lender, provided a copy thereof is simultaneously given by Tenant to Landlord and further provided Lender receives the Election Notice within sixty (60) days of Tenant's receipt of the Demand Notice (the "Election Period"), Tenant may elect the option set forth below. Lender agrees not to acquire title to or take possession of the Leased Premises (a) during the Election Period and (b) if Tenant exercises its election below, for a period of forty-five (45) days after Lender receives the Election Notice (the "Standstill Period"). If Tenant shall fail to deliver to Lender the Election Notice prior to the expiration of the Election Period, then all rights and obligations of Tenant and Lender under this Paragraph 3 shall automatically cease and terminate. In the Election Notice, Tenant may elect to purchase from Lender all of Lender's right, title and interest in and to the Loan Documents, for a sum equal to the total amount then due and owing to Lender thereunder (the "Sale") as of the closing (the "Sale Closing") of the Sale, including, but not limited to, all outstanding principal, interest, late fees, charges and attorney's fees due under the Loan Documents as of the Sale Closing, together with all fees, costs and expenses incurred by Lender in connection with the preparation of all documents reasonably required by Lender to evidence the Sale (collectively, the "Obligations"), which documents shall be in form and substance reasonably satisfactory to Lender and which shall be without recourse to Lender and shall not contain any warranties or representations other than a representation from Lender to Tenant that (x) it owns the Loan Documents, (y) the Loan 107 Documents are free and clear of any liens or any other person's or entity's interest therein and (z) Lender has all necessary power and authority without need for consent from any other person or entity to sell the Loan Documents or has obtained all necessary consents therefor; PROVIDED, HOWEVER, Tenant's right to purchase the Loan Documents hereunder automatically shall expire and Lender no longer shall have any obligations to Tenant under this clause (i) or clause (ii) below if the Sale Closing and payment to Lender of the Obligations in immediately available funds have not occurred on or before forty-five (45) days after Lender receives the Election Notice.
AutoNDA by SimpleDocs
To TenantThe Landlord shall forward all notices to Tenant at the following address (or at such other place as Tenant may hereafter designate in writing): Mr. J. Xxxxxx Xxxxxxxx Vision Bank 0000 Xxxx 0xx Xxxxxx Xxxx Xxxxxx, Xxxxxxx 00000
To TenantIf Tenant elects to lease such Option Space, Tenant shall execute an amendment to this Lease reflecting the addition of all (and not less than all of) such space to the Premises for a term coterminous with the term of the Lease no later than ten (10) days from receipt of the ROFO Notice or Landlord’s response to an Expansion Notice and an appropriate amendment to the Lease from Landlord.
To Tenant. Organon Teknika Corporation 1330-X Xxxxxxx Xxxxx Xxxxxxxxx, XX 00000-0000 Attention: Richxxx X. Xxxxx to Landlord: Ward Xxxporation 1300 Xxxxxxx Xxxxx Xxxxxxxxx, XX 00000 Attention: Richxxx X. Xxxx xx to such other address as either Landlord or Tenant may designate as its new address for such purpose by notice to the other in accordance with the provisions of this Section. Any such bill, xxatement notice, demand, request or other communication shall be deemed to have been rendered or given two (2) days after the date when it shall have been mailed as provided in this Section if sent by registered or certified mail, or upon the date personal delivery is made. If Tenant is notified of the identity and address of Landlord's mortgagee or ground or underlying lessor, Tenant shall give to such mortgagee or ground or underlying lessor notice of any default by Landlord under the terms of this Lease in writing sent by registered or certified mail, and such mortgagee or ground or underlying lessor shall be given a reasonable opportunity to cure such default prior to Tenant's exercising any remedy available to it.
To Tenant. If Lessee shall at any time fail to pay any Amount Due, and such failure shall continue beyond the expiration of any applicable grace or cure period, Lessor may, but shall not be obligated to, from time to time and without prejudice to any other remedy, apply all or any portion of the Security Deposit to the extent necessary toward the payment of any such Amount Due. In the event Lessor applies the Security Deposit or a portion thereof as provided in this Section 4, Lessee shall immediately upon notice from Lessor of such application pay the amount so applied to Lessor, it being the intent of the parties that the Security Deposit held by Lessor always be in the amount stated above. It is expressly understood and agreed, however, that the Security Deposit shall not be considered an advance payment of rent or a measure of Lessor's damages in the event of any default by Lessee. If, at the expiration or other termination of this Lease, Lessee is not in default of any of its covenants, the Security Deposit shall be returned by Lessor to Lessee without interest.
To Tenant. (i) the Deed, the Assignment of Leases and title clearing documents, if any (each of which may be released by Escrow Agent to Tenant's title insurance company prior to the Closing for recording contemporaneously with the Closing pursuant to usual and customary escrow instructions for commercial real estate transactions in Boston, Massachusetts); (ii) executed originals of the documents and other deliveries listed in Section [ ] above, except as provided in (i) above; and (iii) the balance, if any, in the escrow account to the credit of Tenant by check or by wire transfer payable to Tenant. At Closing, Landlord shall deliver, or cause its on-site property manager to deliver, to Tenant, all to the extent in Landlord's possession or control, original executed copies of all tenant leases and service contracts, the original plans and specifications for the Property, building permits, certificates of occupancy, and such other certificates, licenses, and permits as may relate to the operation of the Property, and the originals or photocopies of all books, accounts, and records relating to the Property.
To TenantThe Landlord shall forward all notices to Tenant at the following address (or at such other place as Tenant may hereafter designate in writing):
AutoNDA by SimpleDocs
To Tenant. TO SUBTENANT:
To Tenant. When Tenant receives the Notice and a copy of the Offer, Tenant shall have the prior and preferential right to purchase the Premises (or the part of or interest in the Premises covered by the Offer, as the case may be) at the same price and on the same terms and conditions as are contained in the Offer, except that if Tenant exercises the right of first refusal by electing to purchase the Premises then (1) the closing of the transaction contemplated by the Offer shall take place no earlier than 30 days after the date that Tenant elects to exercise the right of first refusal, and (2) Tenant shall receive a credit against the sale price of the Premises in an amount equal to any brokerage commission that Landlord may save by selling the Property to Tenant rather than the Third-Party Offeror.
To Tenant the Premises, or at Tenant’s last known address B. To Landlord: 0000 Xxxxxxxxxx Xxx Xxxxx, XX 00000
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!