Expansion Option Notice definition

Expansion Option Notice has the meaning given that term in Section 15.2.
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Expansion Option Notice. Expansion Option Notice shall have the meaning set forth in Section 34.2(a).
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Expansion Option Notice. As defined in Section 3.5(d).
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Examples of Expansion Option Notice in a sentence

  • Tenant may exercise its right to expand by notifying Landlord, in writing, of its election to exercise the Expansion Option ("Notice of Exercise") at least nine (9) months prior to the desired occupancy date for the Premises, which Notice of Exercise shall specify the exact desired occupancy date ("Desired Occupancy Date"); provided that, subject to the provisions below, there will still be at least five (5) years remaining in the Initial Term after the Desired Occupancy Date.

  • If Tenant fails to include such a statement in its Expansion Option Notice, then the Surrender Option shall automatically terminate and be of no further force or effect.

  • If Tenant delivers an Expansion Option Notice to Landlord for a particular Expansion Increment, Landlord shall deliver the subject Expansion Increment to Tenant in the condition required below not sooner than two (2) months (unless otherwise agreed by Tenant in writing), and not later than three (3) months, following Tenant’s delivery of the Expansion Option Notice (the “Expansion Increment Delivery Window”).

  • Any Member which desires to exercise its right to participate in such project must deliver a notice substantially similar to that delivered by the original Exercising Member in accordance with the terms of this subsection, within 30 days after it receives the Expansion Option Notice.

  • Any Expansion Participant which desires to exercise its right to participate in such project must deliver to the other Partners a notice substantially similar to that delivered by the original Exercising Partner in accordance with the terms of this subsection, within 30 Days after it receives the Expansion Option Notice.

  • If Tenant’s Expansion Option Notice covers an entire 80,000 rentable square foot Expansion Increment, the Expansion Option Notice shall specify whether Tenant will be initially conducting business in the entire Expansion Increment or only in the Initially Leased Increment and, if Tenant will initially conduct business in only the Initially Leased Increment, the size of the Initially Leased Increment (not to be less than 30,000 rentable square feet).

  • If Tenant desires to lease an Expansion Increment, Tenant shall notify Landlord thereof in writing (“Expansion Option Notice”), which Expansion Option Notice shall specify the particular Expansion Increment being leased by Tenant.

  • If any of the following described events shall occur, the applicable Expansion Option shall automatically terminate with respect to the applicable Expansion Space and thereafter be of no further force or effect: (i) Tenant elects not to exercise the applicable Expansion Option; (ii) Tenant fails to timely deliver the applicable Expansion Option Notice to Landlord prior to the dates set forth herein; or (iii) Tenant fails to deliver timely the increased amount of the Security Deposit to Landlord.

  • If Tenant timely and duly delivers to Landlord the Expansion Option Notice by the Expansion Option Date and Tenant also complies with all of the terms and provisions of this Section 43, the term for the Expansion Premises shall be coterminous with the Term of this Lease and begin on the EP Commencement Date.

  • If Tenant fails to provide such Tenant's Expansion Option Notice for such space within such ten (10) day period, then Tenant's option to lease such space under this Paragraph 8 shall be extinguished and shall be null and void and of no further force and effect.

Related to Expansion Option Notice

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

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

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Renewal Option has the meaning set forth in §12.1.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

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

  • Option to Extend has the meaning given that term in Section 2.13.

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

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

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • ROFO Notice is defined in Section 6.2(a).

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

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • 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.

  • Extension Notice has the meaning specified in Section 308.

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

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

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

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • 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).

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

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.