Adjacent Space. Sections 34 and 35 of the Lease are hereby void and of no further force or effect.
Adjacent Space. Vendors are permitted three (3) ft of space directly behind their tent for back of house operations. This back of house space must be kept organized and presentable and must not impact pedestrian thoroughfare. Vendors may not exceed the approved and allotted tent space with any product or additional modifications to their booth or space. Non-approved additions will be requested to be taken down and may result in removal from the market.
Adjacent Space. Tenant shall have a right of first refusal (the "Right of First Refusal"), subject to the terms herein, with respect to the space currently occupied by Union Bio and shown as the "Union Bio Space" on the floor plan attached hereto as Exhibit B-1 (the "Refusal Space"). The Right of First Refusal shall be exercised as follows: Landlord shall send Tenant a notice stating that (i) Union Bio intends to vacate the Refusal Space and the expected date that the Refusal Space will be available to lease and (ii) the rental rate upon which Landlord is willing to lease the Refusal Space, which shall be the fair market rent as determined, in good faith, by Landlord ("Landlord's RFR Notice"). Tenant may lease the Refusal Space by providing Landlord with written notice of exercise sent within ten (10) days after the date of Landlord's RFR Notice. If Tenant sends notice to Landlord within the time period set forth above electing to lease the Refusal Space, the Refusal Space shall be added to this Lease for the Term and at the rental rate set forth in Landlord's RFR Notice and the parties shall enter into an amendment to this Lease reflecting the addition of the Refusal Space to the "Premises" and the adjustment to the Basic Rent and Tenant's Proportionate Share and such other terms as Landlord may reasonably request. If Tenant fails to reply within the time period set forth above, or provides notice that Tenant does not want to lease the Refusal Space, this Right of First Refusal shall automatically terminate and Tenant shall have no further rights under this Section 6, except that Landlord may only lease the Refusal Space to a third party at the rental rate specified in Landlord's RFR Notice, if Landlord decreases the rental rate offered to a third party, Landlord shall provide a new Landlord's RFR Notice to Tenant and its rights under this Section 6 shall apply to the new notice. Notwithstanding the foregoing, upon the occurrence of an Event of Default or upon any subletting of the Premises or assignment of this Lease, this Right of First Refusal shall automatically terminate. In addition, if there is less than five years left in the Term at the time the Refusal Space becomes available, Landlord shall not be obligated to deliver an RFR Notice.
Adjacent Space. As defined in Section 27.1. Adjusted Expense Estimate. The Operating Expense Estimate for an Operating Year minus amounts, if any, previously paid by Tenant on account of the Operating Expense Adjustment for such Operating Year.
Adjacent Space the portion of the fourth (4th)floor of the -------------- Building cross-hatched on the floor plan annexed hereto as Schedule C-1, consisting of approximately 253 rentable square feet.
Adjacent Space. A) Landlord agrees not to actively market the adjacent vacant 33,500 square feet for a period of five (5) months from the Rent Commencement Date.
Adjacent Space. The Landlord agrees to provide the Tenant with the opportunity to lease Suite #110 comprising approximately One Thousand, Six Hundred and Five (1,605) square fee, at such time as the space becomes available for rental. The current lease for Suite #110 expires on October 31st, 1998. The lease includes an option to renew for a further term of Two (2) Years expiring on October 31st, 2000. The Landlord will not allow any further options to renew to this lease, unless Lifeline Systems (Canada) Inc. does not wish to lease Suite #110 at that time. Upon receipt of notice from the Landlord or impending availability of Suite #110, the Tenant will have thirty (30) days to decide. Upon the expiration of the thirty days after notice no further notification will be required and if the Tenant has not indicated its binding intention to lease within such time then this right of "opportunity to lease" shall lapse and be of no further effect.
Adjacent Space. If Landlord decides to offer space contiguous to Tenant's premises for lease during the lease term, Landlord shall first offer such space to Tenant for lease, and Tenant shall have the right to lease such space on rental rates and terms that are mutually sat isfactory within ten days next following Tenant's receipt of such offer. If terms that are mutually satisfactory cannot be agreed upon within such ten day period, Landlord shall then be free to offer for lease or lease such space to any other party on terms acceptable to Landlord.
Adjacent Space. The unit adjacent to the Leased Premises is currently vacant and consists of approximately 5,100 square feet of space (the “Adjacent Space”). During the Term, and prior to Landlord entering into substantive negotiations with any prospective tenant, Landlord shall provide notice to Tenant (the “Adjacent Space Offer”) consisting of an offer to lease the Adjacent Space under a specified rent and term (with all other terms and conditions being identical to this Lease). Tenant shall have ten (10) days to accept the Adjacent Space Offer, after which the Adjacent Space Offer shall expire. Tenant agrees to keep the terms of the Adjacent Space Offer strictly confidential. In the event that the Tenant, during the term of this Lease, enters into a further lease agreement whereby it rents the entire Adjacent Space, then the rent on these Leased Premises (0000 Xxxxxxxx Xxxxxxxxx) shall decrease to $28.00/square foot, effective with the commencement date of the lease on the Adjacent Space. The minimum term for the leasing of this Adjacent Space shall be five (5) years.
