Vacate Premises definition

Vacate Premises shall have the meaning assigned to such term in Section 11.2.
Sample 1

Examples of Vacate Premises in a sentence

  • Tenant shall remove all of Tenant's personal property from the Vacate Premises on or before the Vacate Premises Surrender Date.

  • Tenant shall bear all costs and expenses incident to vacating and surrendering the Vacate Premises in the condition required by this Article XI.

  • Tenant may exercise available Contraction Rights on whole or partial floors at any Project, as Tenant may elect; provided that if Tenant elects to exercise Contraction Rights on less than full floor in a Building, any such partial floor Vacate Premises shall have a size and configuration, as reasonably agreed by Landlord and Tenant, that makes it readily leaseable to third party tenants.

  • Annual Basic Rent, Excess Basic Rent, if any, and Additional Rent for the Vacate Premises shall continue to be due and payable until the later of (a) six (6) months following the date of Tenant's Contraction Rights Exercise Notice for such Vacate Premises or (b) the date on which Tenant shall vacate and surrender possession of the Vacate Premises to Landlord as provided in Section 4.1 (the later such date, the "Vacate Premises Surrender Date").

  • Promptly following the Vacate Premises Surrender Date, Landlord and Tenant shall amend the Lease Supplement for the Project in which the Vacate Premises are located and Exhibit A to this Lease to reflect the termination of the Vacate Premises from the Leased Premises and to confirm the terms thereof, including the reduction in the Net Rentable Area of the Leased Premises, the reduction in Annual Basic Rent and the change to Tenant's Occupancy Percentage at the Vacate Premises.

  • Tenant shall deliver the Vacate Premises to Landlord in the condition as it was required to be maintained by Tenant under this Lease, reasonable wear and tear and Demising Work, if any, excepted, and subject to the provisions of Section 5.3 and Article VI.

  • The approximate Net Rentable Area of the Vacate Premises shall be as identified by Tenant in Tenant's Contraction Rights Exercise Notice, subject to final measurement by Landlord in conformity with the Measurement Standard.

  • AGREED ORDER APPROVING STIPULATION OF SETTLEMENT THIS CAUSE having come before the Court upon the Stipulation of Settlement and Agreement to Vacate Premises filed by the parties, and the parties being in agreement, and the Court being otherwise fully advised in the premises, it is hereby-- ORDERED AND ADJUDGED that the Stipulation of Settlement is approved and ratified by this Court.

  • Promptly following the expiration of the Relocation Rights Exercise Period for each Coterminous Expansion Space, Landlord shall determine whether Tenant has exercised, in whole or in part, the Relocation Rights created by adding such Coterminous Expansion Space to the Leased Premises and, if so, the Net Rentable Area of the Vacate Premises so terminated.

Related to Vacate Premises

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • the Premises means the building or part of the building booked and referred to in the contract

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Office Premises means any building, facility, or portion thereof, or other premises, whether owned or controlled by CP, which is used solely for clerical or administrative purposes and which does not contain heavy equipment or machinery, as designated by CP from time to time;

  • Collocation Space means an area of space located in a building to be used by CLEC to house telecommunications equipment that is necessary for interconnection or access to UNEs. Additionally, roof or wall space used for wireless interconnection shall be included in the definition where applicable.

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • the Building means any building of which the Property forms part.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Common space means an area on which two or more information functions (e.g. symbol) may be displayed, but not simultaneously.

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Note Mortgage and/or an ABL Mortgage.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.