Examples of Contraction Rights Exercise Notice in a sentence
The approximate Net Rentable Area of the Contraction Premises shall be as identified by Tenant in Tenant’s Contraction Rights Exercise Notice, subject to final measurement by Landlord in conformity with the Measurement Standard.
Landlord and Tenant shall endeavor to resolve, in good faith, any disagreement arising as a result of Tenant’s exercise of Contraction Rights under this Article XI, failing which such disagreement shall be resolved in accordance with Article XII; provided that no disagreement between Landlord and Tenant regarding the contents of Tenant’s Contraction Rights Exercise Notice shall render any otherwise effective Contraction Rights Exercise Notice ineffective.
Tenant’s Contraction Rights Exercise Notice for Early Termination Rights shall only be effective if accompanied by a payment in the amount of the Early Termination Fee for the Contraction Premises identified in such notice.
Landlord and Tenant shall endeavor to resolve, in good faith, any disagreement arising as a result of Tenant's exercise of Contraction Rights under this Article XI, failing which such disagreement shall be resolved in accordance with Article XII; provided that no disagreement between Landlord and Tenant regarding the contents of Tenant's Contraction Rights Exercise Notice shall render any otherwise effective Contraction Rights Exercise Notice ineffective.
Annual Basic Rent, Excess Basic Rent, if any, and Additional Rent for the Contraction Premises shall continue to be due and payable until the later of (a) sixty (60) days following the date of Tenant's Contraction Rights Exercise Notice for such Contraction Premises for Relocation Rights or (b) the date on which Tenant shall vacate and surrender possession of the Contraction Premises to Landlord as provided in Section 4.1 (the later such date, the "Contraction Premises Surrender Date").
Annual Basic Rent, Excess Basic Rent, if any, and Additional Rent for the Vacate Premises shall continue to be due and payable until the later of (a) six (6) months following the date of Tenant's Contraction Rights Exercise Notice for such Vacate Premises or (b) the date on which Tenant shall vacate and surrender possession of the Vacate Premises to Landlord as provided in Section 4.1 (the later such date, the "Vacate Premises Surrender Date").
The approximate Net Rentable Area of the Vacate Premises shall be as identified by Tenant in Tenant's Contraction Rights Exercise Notice, subject to final measurement by Landlord in conformity with the Measurement Standard.
The BDII Contraction Rights Exercise Notice and the Contraction Rights Rejection Notice are null and void and of no further force or effect.
Annual Basic Rent, Excess Basic Rent, if any, and Additional Rent for the Contraction Premises shall continue to be due and payable until the later of (a) sixty (60) days following the date of Tenant’s Contraction Rights Exercise Notice for such Contraction Premises for Relocation Rights or (b) the date on which Tenant shall vacate and surrender possession of the Contraction Premises to Landlord as provided in Section 4.1 (the later such date, the “Contraction Premises Surrender Date”).