Examples of Negotiation Deadline in a sentence
The failure to meet either the Negotiation Deadline or the Documentation Deadline shall be an Event of Default under the Debenture.
At any time prior to the Negotiation Deadline, Tenant may accept the terms set forth in the Rental Notice (or as negotiated) by written notice (the “Acceptance Notice”), or reject the terms set forth in the Renewal Notice (and as negotiated) by written notice (the “Rejection Notice”), received by Landlord prior to the Negotiation Deadline.
If Landlord and Tenant are unable to agree upon the Fair Market Rental Rate prior to the Negotiation Deadline, then within ten (10) days after the Negotiation Deadline, Landlord and Tenant shall each appoint one (1) arbitrator who shall be a real estate broker who shall have been active over the five (5) year period ending on the date of such appointment in the leasing of commercial office buildings in the Simi Market (each, an "Advocate Arbitrator").
If Landlord and Tenant are able to agree on the Fair Market Rental Rate within forty-five (45) days after Tenant’s receipt of the Option Rent Notice (the "Negotiation Deadline"), then such agreement shall constitute the determination of the Fair Market Rental Rate for the applicable Extension Term for purposes of this Section 2.2(e).
In the event that the Parties, within the Direct Negotiation Deadline, do not reach an agreement, the dispute shall be defined as a technical or non-technical dispute, as applicable.
With respect to the Tenant's Share of Taxes and Operating Costs payable during the Renewal Term, the parties shall have ninety (90) days following Landlord's receipt of the Renewal Notice (the "Negotiation Deadline") in which to agree on the Tenant's Share of Taxes and Operating Costs, including without limitation whether there shall be any limit as set forth in Section 7.4 of the Lease.
If BH Partner and BREOF Partner do not agree upon the fair market value of the Project prior to the expiration of the BREOF Negotiation Deadline, then either such Partner may deliver to the other a notice of arbitration (the “Arbitration Notice”), pursuant to which the “BREOF Xxxx to Market Price” shall be determined by “baseball style” arbitration in accordance with the provisions of Exhibit D.
If the parties are unable to agree on Tenant's Share of Taxes and Operating Costs for the Renewal Term on or before the Negotiation Deadline, Tenant shall have the right to withdraw and cancel its Renewal Notice by giving written notice thereof to Landlord at any time before the Negotiation Deadline (a "Withdrawal Notice").
If Landlord and Tenant cannot agree to the Base Rent for the Renewal Period by the Negotiation Deadline, then Tenant shall have an additional 7 days from the Negotiation Deadline within which Tenant shall have the option to elect to have such dispute resolved by arbitration pursuant to this Rider No. 1 by giving Landlord written notice (“Arbitration Notice”) of its election within such 7-day period.
With respect to the determination of the "then prevailing fair market base monthly rent," the parties shall have thirty (30) days following the Negotiation Deadline in which to agree on the prevailing fair monthly rent as of the commencement date of the applicable Renewal Term for the uses permitted hereunder.