Vacate Space definition

Vacate Space shall have the meaning assigned to such term in Section 11.1.
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Vacate Space means all those rentable areas within the Buildings that do not constitute part of the Leased Premises occupied by Seller or the premises occupied by third-party tenants under the Leases. On the Closing Date, the Vacate Space may be unoccupied and free from personal property or occupied by Seller or Seller’s personal property on a temporary basis as provided in Section 11.
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Examples of Vacate Space in a sentence

  • Notwithstanding the foregoing, Wachovia’s right to specify Vacate Space comprising less than all of the then Base Leased Premises located on any floor of the Building, shall be contingent upon such Vacate Space being of a size and configuration that makes it separately leasable to third party tenants.

  • Failure to take occupancy does not relieve the Student of the obligation to pay fees for the assigned bed space under the terms of this contract.5. Failure to Vacate Space: If the Student vacates their assigned room later than required under the period of occupancy specified in this contract or as otherwise agreed between the University and the Student, a minimum $50.00 per day liquidated damages fee will apply.

  • Promptly following the expiration of the Relocation Rights Exercise Period for each Coterminous Expansion Space (other than Purchase Agreement Vacate 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 Contraction Premises so terminated.

  • Failure to Vacate Space: If Student vacates their assigned room later than required under the periods of residence specified herein or as otherwise agreed between University and Student, a minimum $50.00 per day liquidated damages charge will apply.

  • No claim shall, however, lie against the Company for such taxes deducted.

  • FIRST STATES GROUP, L.P., a Delaware limited partnership Witness: By: First States Group, LLC, a Delaware limited liability company and its sole general partner By: Name: Xxxxx Xxxxxxxxxx Title: Senior Vice President & Chief Operating Officer Exhibit A List of Properties, Leased Premises, Vacate Space and Occupancy Percentages Project ID Project Xxxxxxxxxxx Xxxxxxx Xxxx Xxxxx Xxx XXXXXX000 Batesville Main Facility 000 X.

  • Xxxx Xxxxxxxxx, XX XX 00000 GAABEV000 Aberdeen Village 000 Xxxxxxxxx Xxxxx Xxxxxxxx Xxxxxxx Xxxxxx Xxxxxxxxx Xxxx, XX XX 00000 GADEC-000 Decatur (BS) 000 Xxxxxxxxx Xxxxxx Decatur, GA GA 30030 GADUBM000 Dublin Main Xxxxxx 000 Xxxx Xxxxxxx Xxxxxx Dublin, GA GA 31021 Exhibit A List of Properties, Leased Premises, Vacate Space and Occupancy Percentages GAEASP000 East Point 0000 Xxxx Xxxxx Xxxxxx Xxxx Xxxxx, XX XX 00000 GAFIT-010 Fitzgerald Drive-In 000 X.

  • Failure to take occupancy does not relieve the Student of the obligation to pay fees for the assigned bed space under the terms of this contract.4. Failure to Vacate Space: If the Student vacates their assigned room later than required under the period of residence specified in this contract or as otherwise agreed between the University and the Student, a minimum $50.00 per day liquidated damages fee will apply.

  • Unless Seller makes a timely election to add the Vacate Space as Lease Premises under the Master Lease Agreement, Purchaser may terminate Seller’s right to possess and occupy the Vacate Space at any time following the expiration of the Vacate Period and thereafter pursue actions at law or in equity to recover immediate possession the Vacate Space.

Related to Vacate Space

  • 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.

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

  • 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.

  • 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).

  • Parking Space The County shall attempt to provide adequate free parking facilities for employees within a reasonable distance of their work locations.

  • 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.

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

  • Office Space means the offices of the Service Provider located at 000 Xxxx Xxxxxx, Xxxxx 00, Xxx Xxxx, Xxx Xxxx 00000 (or any successor location or other existing office space of the Service Provider or any of its affiliates).

  • 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;

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

  • 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.

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

  • Landlord’s Work means the work of constructing the Tenant Improvements.

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

  • Available Space means the balance of the rentable square footage in the Building not already included as part of the Premises, which is not occupied by a tenant or which is occupied by an existing tenant whose lease is expiring within 6 months or less and such tenant does not wish to renew (whether or not such tenant has a right to renew) its occupancy of such space. If there is any Available Space in the Building, Landlord shall, at such time as Landlord shall elect so long as Tenant’s rights hereunder are preserved, deliver to Tenant written notice (the “Expansion Notice”) of such Available Space, together with the terms and conditions on which Landlord is prepared to lease Tenant such Available Space; provided that Base Rent shall be at the Market Rate (as defined in Section 40(a) below) for such Available Space. Tenant shall be entitled to exercise its right under this Section 39(a) only with respect to the entire Available Space described in such Expansion Notice (“Identified Available Space”). Tenant shall have 5 business days following delivery of the Expansion Notice to deliver to Landlord written notification of Tenant’s exercise of the Expansion Right with respect to the Identified Available Space (“Exercise Notice”). Tenant shall be entitled to lease such Identified Available Space upon the terms and conditions set forth in the Expansion Notice. If Landlord and Tenant are unable to agree on the Market Rate for the Available Space after negotiating in good faith within 5 days after Tenant’s delivery of an Exercise Notice, the applicable Market Rate will be determined through arbitration in accordance with Section 40(b). Tenant acknowledges and agrees that, if Tenant has delivered an Exercise Notice pursuant to this Section 39(a), Tenant shall have no right thereafter to rescind or elect not to lease the Available Space. Tenant acknowledges that the Term of the Lease with respect to the Identified Available Space may not be co-terminous with the Term of the Lease with respect to the original Premises. Notwithstanding anything to the contrary contained herein, Tenant shall have no right to exercise the Expansion Right and the provisions of this Section 39(a) shall no longer apply after the date that is 9 months prior to the expiration of the Base Term if Tenant has not exercised its Extension Right pursuant to Section 40. If Tenant fails to deliver an Exercise Notice to Landlord for the Identified Available Space within the required 5 business day period, Tenant shall be deemed to have forever waived its rights under this Section 39(a) to lease the Identified Available Space, and Landlord shall have the right to lease the Identified Available Space to any third party on any terms and conditions acceptable to Landlord.

  • 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.

  • Open space means undeveloped land, a naturally landscaped area, or a formal or man-made landscaped area that provides a connective link or a buffer between other resources.

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following: