Right of First Refusal Space definition

Right of First Refusal Space means the premises designated as "Right of First Refusal Space" on the Rider B attached to the Lease.
Sample 1
Right of First Refusal Space means up to but not to exceed 25,000 rentable square feet of the Project, which is designated as the "Right of First Refusal Space" on Exhibit H-1 attached to the Lease; provided, however, that if, after complying with the terms hereof, Landlord leases all or a portion of the space described on Exhibit H-1, then the Right of First Refusal Space shall thereafter be the remainder of the space described on Exhibit H-1, if any, plus the then unleased space in the Project, if any, which is adjacent to the Premises or which is adjacent to the remainder of the space described on Exhibit H-1. Under no circumstances shall the Right of First Refusal Space exceed 25,000 rentable square feet, and the parties acknowledge that the Right of First Refusal Space may at any time and from time to time be 0 square feet.
Sample 1
Right of First Refusal Space means that certain portion of the second (2nd) floor of the Building currently known as Suite 230 and containing approximately 3,881 rentable square feet of space, as such space is more particularly shown as the shaded space on the attached Exhibit A-1.
Sample 1

Examples of Right of First Refusal Space in a sentence

  • If Landlord enters into negotiations with an existing tenant in the Building or a prospective tenant to lease all or any part of the Right of First Refusal Space (the “Offered Space”), Landlord shall notify Tenant of such fact and shall include in such notice the rent, term, and other terms (including, but not limited to, finish out, moving allowances and design fees) at which Landlord is prepared to offer such Offered Space to such prospective tenant.

  • Possession of the Right of First Refusal Space shall be delivered to Tenant in an “as is” condition.

  • If Landlord does not enter into a lease with such prospective tenant covering the Offered Space upon economic terms which are not materially less favorable to Landlord within 180 days of Tenant’s waiver of its right to lease the Offered Space, Landlord shall not thereafter engage in other lease negotiations with respect to the Right of First Refusal Space without first complying with the provisions of this Rider No. 104.

  • Tenant’s right to lease the Right of First Refusal Space is subject to the pre-existing rights of CBCA.

  • The Right of First Refusal Notice shall specify: (a) the location and rentable area of the Right of First Refusal Space; (b) the date upon which the Right of First Refusal Space shall be available for delivery; (c) the economic terms that Landlord intends to accept including the base rent, the base year, any security deposit and prepaid rent, any other financial terms, and the proposed lease term for such space; and (d) other material terms.

  • During the Permitted Period, Tenant shall have no right to be offered or to lease any Right of First Refusal Space pursuant to Section 1.5 of this Amendment.

  • Landlord shall not voluntarily lease the Right of First Refusal Space to a third party (other than to the then-current tenant or subtenant of such space) without making such proposed new lease (a “New Lease”) subject to Tenant’s Right of First Refusal.

  • Any termination of the Lease shall terminate all rights of Tenant with respect to the Right of First Refusal Space.

  • Tenant specifically acknowledges that Landlord, in presenting the offer, may be offering the Right of First Refusal Space for a term that is longer or shorter than the unexpired balance of the Lease Term, as part of a larger space, or on a different basis than this Lease (for example, with different renewal rights).

  • Tenant’s rejection of any particular Pending Deal Notice shall not relieve Landlord of its obligation to again offer any Right of First Refusal Space to Tenant at any time that Landlord intends, other than with respect to Subtenant with respect to whom the terms of this Section 20 shall not apply, to again agree to a written proposal from another party to lease such space in such period.


More Definitions of Right of First Refusal Space

Right of First Refusal Space means all or any part of the additional Improvements, if and to the extent such space is improved in whole or in part by the Landlord and becomes available for rent by Landlord.
Sample 1
Right of First Refusal Space. (herein so called) before it is leased to any other party, but subject to the current encumbrances as reflected on Schedule 1 to Rider 3.
Sample 1
Right of First Refusal Space. Exhibit A-2 - "Parking Plan", Exhibit A-3 - "Storage Space", Exhibit B - "Verification Letter", Exhibit C - "Rules and Regulations", Exhibit D - "HVAC Specifications", Exhibit E - "Cleaning Specifications", Exhibit F - "Building Holidays", Exhibit G - "License Agreement for Satellite Dish", Exhibit H - "Form of Letter of Credit", Exhibit I - "Memorandum of Lease", Exhibit J - "Discharge of Memorandum of Lease", Exhibit K - "Subordination, Non-Disturbance and Attornment Agreement", Schedule 1-A - "Landlord's Work", Schedule 1-B - "Work Letter Agreement"; Schedule 1-C - "Improvements to be removed by Tenant at end of Term", and Schedule 1-D - "Electric Plans".
Sample 1

Related to Right of First Refusal Space

  • Right of First Refusal Agreement means the Right of First Refusal Agreement, dated as of August 4, 2017, among the Partnership, the Operating Partnership and NextEra Energy Resources, LLC.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Right of First Offer has the meaning set forth in Section 8.7.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit G attached to this Agreement.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • 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.

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

  • Right of Co-Sale means the right, but not an obligation, of an Investor to participate in a Proposed Key Holder Transfer on the terms and conditions specified in the Proposed Transfer Notice.

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

  • First Offer has the meaning set forth in Section 3.9(e)(1) or Section 11.1(b)(i), as applicable.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

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

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

  • right of use means any right we have to use, in our own name and on our own account or the account of another counterparty, financial instruments received by us by way of collateral under a security collateral arrangement between you and us;

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • First Offer Period has the meaning set forth in Section 13.5.

  • Option to Build means the option of the New Service Customer to build certain Customer- Funded Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement.

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • 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.

  • Public right-of-way means only the area of real property in which the City has a dedicated or acquired right-of-way interest in the real property. It shall include the area on, below or above the present and future streets, alleys, avenues, roads, highways, parkways or boulevards dedicated or acquired as right-of-way. The term does not include the airwaves above a right-of-way with regard to wireless telecommunications or other non-wire telecommunications or broadcast service, easements obtained by utilities or private easements in platted subdivisions or tracts.

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option to Renew is defined in subsection 6.1 of this Agreement.

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

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.