Second Expansion Option definition

Second Expansion Option as defined in Section 36.1(a)(ii).

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Second Expansion Option and “Expansion Options” shall have the meanings ascribed to such terms in Article 33.

Second Expansion Option. 44 "Second Expansion Space" 44a "▇▇▇▇▇▇▇ ▇▇▇▇" ▇▇▇ "▇▇▇▇▇ ▇▇▇▇▇" 40(a) "Substantial completion" 35 "Substantial Portion of the Premises 14c "Tax Adjustment" 2(b)(i) "Tax and Expense Cap" 2(b) "Taxes" 2a "Tenant Improvements" Ex. E & ss. 37 "Tenant" 1 "Tenant's Management Fee" 2(b) "Tenant's Proportionate Share" 2a "Tenant's Space Planner" 1 "Term" 1 "Termination Date" 46(a) "Termination Notice" 46(a) "Third Expansion Option" 44 "Third Expansion Space" 44a "title insurance" 40(c) "Top Floo▇" ▇

Examples of Second Expansion Option in a sentence

The actual space to be included under this Lease pursuant to the Second Expansion Option shall be designated by Landlord, provided, however, it shall be internally contiguous and contiguous to the then existing Leased Premises and shall have a reasonable configuration (the "Second Expansion Space").
The amount of additional space to be included under this Lease pursuant to the Second Expansion Option shall be identified by Tenant in the Second Expansion Election Notice.
The "Second Expansion Option Exercise Deadline" is the last day of August, 1996.
Failure to deliver said notice to Landlord on or before the First Expansion Option Exercise Deadline shall terminate such First Expansion Option, the Second Expansion Option and the Third Expansion Option.
The "Construction Allowance" for the Second Expansion Space shall be equal to $4.50 (i) multiplied by the number of whole months remaining in the 120-month Lease Term after the Second Expansion Option Rent Commencement Date, (ii) divided by 120 and (iii) multiplied by the Second Expansion Rentable Floor Area.
If Tenant does not exercise the Second Expansion Option by the required time period, the Second Expansion Option shall be waived.
The "Second Expansion Option" is an option to include within the Demised Premises that area (the "Second Expansion Space") shown on Exhibit "B -5".
The Second Expansion Option shall be exercisable upon an initial non-binding written notice being given by Tenant to Landlord not later than November 1, 2005, time being of the essence.
Landlord does hereby grant unto Tenant the First Expansion Option, the Second Expansion Option and the Third Expansion Option as more fully defined herein (collectively the "Expansion Options") exercisable subject to and in accordance with the terms and conditions of these Special Stipulations.
Tenant may exercise the Second Expansion Option by written notice delivered to Landlord at any time prior to the sixth (6th) anniversary of the Commencement Date; provided, however, that if Tenant exercises the Second Expansion Option at any time after the third (3rd) anniversary of the Commencement Date, it shall be a condition to the effectiveness of such exercise that Tenant simultaneously exercise the first Renewal Option and extend the Term for an additional five (5) year period.

More Definitions of Second Expansion Option

Second Expansion Option. As defined in Section 19.1.

Second Expansion Option means the entire Rentable Area on either one or two full floors (as determined by Tenant) in the Tower or the Building (as determined by Landlord), which floors shall be contiguous to the Premises (after giving effect to the Second Expansion Option) and selected by Landlord if available for lease to Tenant as determined by Landlord and if a contiguous floor is not available for lease to Tenant, then such floor or floors shall be selected by Landlord from the floors identified on the stacking plan which is attached to this Exhibit I-1 as Exhibit I-2; with possession of the Second Expansion Space being delivered to Tenant on February 1, 2008, plus or minus six (6) months (with the exact date being specified in the Landlord's Expansion Notice that will be delivered to Tenant in accordance with Section 3 of this Exhibit I-1).

Second Expansion Option to expand the Premises to include all of the Rentable Area on one (1) floor of the Building. Such one (1) floor shall be:

Second Expansion Option. Shall have the meaning set forth in the Addendum.