Examples of Retained Premises in a sentence
If Tenant fails to exercise an Option with respect to less than all of the Premises and the time to do so has lapsed (or if a Retained Premises Early Termination or a termination pursuant to a Swap Premises Termination Option has occurred), then Tenant shall no longer have an Option with respect to those portions of the Premises for which it failed to exercise an Option.
Effective as of the date the First Floor Retained Premises becomes a part of the Premises, the Base Rent shall be as specified in Exhibit D.
Landlord, as record title holder to the Excess Land, shall cooperate with Tenant in obtaining a lawful subdivision of the Leased Premises with separate parcels consisting of the Excess Land and the Retained Premises, at no cost to Landlord.
The land in this title forms part of the 'Property' referred to and the 'Retained Premises' referred to is land lying to the south and comprises Little Rissington Airfield (disused).
Tenant acknowledges that Landlord shall not be obligated to refurbish or improve, or to otherwise provide funds for the improvement of, the Retained Premises in any manner whatsoever in conjunction with the Extended Term, and Tenant hereby accepts the Retained Premises in its “AS-IS” condition.