Expansion Notice Date definition

Expansion Notice Date for Expansion Option One is March 1, 2014 and for Expansion Option Two is July 1, 2014. “Expansion Delivery Date” for Expansion Space One is March 1, 2015 and for Expansion Space Two is July 1, 2015. Rent will be payable on the space added by the exercise of Expansion Option One beginning on July 1, 2015. Rent will be payable on the space added by the exercise of Expansion Option Two beginning on November 1, 2015. With respect to expansion space added to the Premises under this Section 42.02, such expansion space shall be leased on all of the terms and conditions of this Lease as amended from time to time, except that (i) the Term for such expansion space shall begin on the applicable Expansion Delivery Date and end on the Termination Date (as the same may be extended or reduced as provided in this Lease), (ii) Base Rent shall be increased by the addition thereto of the Annual Base Rent per Rentable Square Foot set forth in Section 1.11 of this Lease multiplied by the rentable square feet in the applicable expansion space, (iii) the Proportionate Share of Expenses and the Proportionate Share of Taxes will be increased to reflect the additional square footage in the Premises and (iv) Tenant shall receive an improvement allowance with respect to the expansion space at a rate of $60.00 (not $68.04) per rentable square foot of the applicable expansion space multiplied by the ratio of the number of months in the term of the expansion space to the number of months in the original term of this Lease, such improvement allowance to be administered on the same terms as the Allowance under ARTICLE 38, but only disbursed to the extent of Qualified Costs related to the expansion space, without the right to apply any unused portion to free rent and such allowance must be requisitioned by December 31, 2016. The expansion space shall be otherwise delivered in “as-is” condition, broom clean and free of all personal property, debris, tenants and occupants. If Landlord is delayed delivering possession of Expansion Space One or Expansion Space Two, as applicable, beyond the applicable Expansion Delivery Date due to the holdover or unlawful possession of Expansion Space One or Expansion Space Two, as applicable, by any party, or otherwise, Landlord shall use reasonable efforts to obtain possession of, and deliver to Tenant, Expansion Space One or Expansion Space Two, as applicable, and the commencement of the term for Expansion Space One or Expansion Space Two, as applicable, ...
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Expansion Notice Date shall have the meaning set forth on Schedule 1-5 attached hereto. Expiration Date – “Expiration Date” shall mean the date set forth in Subsection 2.01B below, as same may be extended pursuant to the terms of this Lease. First Lower Floor Offer Space – “First Lower Floor Offer Space” shall have the meaning set forth on Schedule 1-5 attached hereto. First Offer Period – “First Offer Period” shall have the meaning set forth on Schedule 1-5 attached hereto. Fixed Rent – “Fixed Rent” shall mean an amount equal to approximately $145,000,000 in the aggregate over the Lease Term (excluding certain Lease incentives), payable in the annual and monthly amounts set forth on Schedule 1-2 attached hereto and made a part hereof. -3- NY 78267766v2
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Examples of Expansion Notice Date in a sentence

  • Each option to expand requires notice of the exercise of the option by the applicable Expansion Notice Date (hereinafter defined), time being of the essence, and the space which is the subject of such option to expand shall be delivered by Landlord to Tenant by the applicable Expansion Delivery Date (as hereinafter defined).

  • If the Expansion Notice is not so given, the Expansion Option shall, except as provided in (b) below, automatically lapse; Tenant hereby expressly acknowledges and agrees that time is of the essence for purposes of delivering the Expansion Notice and that Tenant's failure to do so by the Final Expansion Notice Date will relieve Landlord of any obligation under this Paragraph 52.

  • The foregoing shall apply only to Atrium Adjacent Spaces on the first (1st) floor of the Building and only until the expiration of the Atrium Expansion Notice Date and shall not apply to any other office space on the first (1st) floor or elsewhere in the Building which shall continue to be governed by the definition of Prior Rights set forth in Section 17.1(d) of the Lease.

  • If an Acceptable Expansion Building is available, Tenant and Landlord shall negotiate in good faith the terms of the lease for the Acceptable Expansion Building ("Expansion Building Lease"), and shall enter into such lease no later than sixty (60) days after the Expansion Notice Date.

  • The Purchaser understands and acknowledges that no public market now exists for any of the securities issued by the Company and the Company has given no assurances that a public market will ever exist for the Company’s securities.

  • In order to exercise the Expansion Option, Tenant shall give written notice to Landlord (the "Expansion Notice") on or before the date (the "Final Expansion Notice Date") that is the last day of the first Lease Year.

  • If Tenant does not have an Acceptable Expansion Building at the Expansion Notice Date, Landlord agrees to permit Tenant to terminate this Lease, with the termination date at end of sixty-six (66th) month (the "Early Termination Date"), so long as no Event of Default is then continuing.

  • Within fifteen (15) days after receipt of Tenant's notice ("Expansion Notice Date"), Landlord will then notify Tenant whether or not Landlord has any space to offer to Tenant to satisfy Tenant's Expansion Requirement available in the Search Area (defined below) commencing on the date which coincides with the beginning of the sixty-seventh (67th) month of the Term ("Landlord's Notice").

  • If the Expansion Building Lease is signed within sixty (60) days after the Expansion Notice Date, Landlord agrees to terminate this Lease effective the end of the sixty-sixth (66th) month of this Lease, provided there in then no continuing Event of Default.

Related to Expansion Notice Date

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Extension Notice has the meaning specified in Section 308.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Notice Date has the meaning specified in Section 2.10.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Put Notice Date means the Trading Day, as set forth below, immediately following the day on which the Investor receives a Put Notice, however a Put Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 9:00 am Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 9:00 am Eastern Time on a Trading Day. No Put Notice may be deemed delivered on a day that is not a Trading Day.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Advance Notice Date means each date the Company delivers to the Investor an Advance Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Advance Notice Date shall be less than seven (7) Trading Days after the prior Advance Notice Date.

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • Commencement Notice means a written notice, given by any Secured Party to the other Secured Parties in accordance with the notice provisions set forth in the Securities Purchase Agreement, pursuant to which such Secured Party notifies the other Secured Parties of the existence of one or more Events of Default and of such Secured Party’s intent to commence the exercise of one or more of the remedies provided for under this Agreement with respect to all or any portion of the Collateral as a consequence thereof, which notice shall incorporate a reasonably detailed description of each Event of Default then existing and of the remedial action proposed to be taken.

  • Removal Notice Date means, with respect to the Removed Accounts designated hereby, , (which shall be a date on or prior to the fifth Business Day prior to the Removal Date).

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Extension Deadline means, with respect to a letter of credit, the Cutoff Time on the Business Day preceding the day on which the letter of credit expires.

  • Acquisition Notice has the meaning set forth in Section 2.6(a).

  • Notice Deadline means 2.30 p.m. (Dublin time), provided that the Notice Deadline in respect of any Series of ETP Securities may be adjusted by agreement between the Issuer and the Margin Loan Provider with effect from the fifth calendar day following the date on which notice of such adjustment is given to the holders in accordance with Condition 17.

  • Activation Notice have the meanings ascribed thereto in Annex C.

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).