ALTERNATE SUBSTITUTE PREMISES Clause Samples

ALTERNATE SUBSTITUTE PREMISES. (a) In the event Tenant delivers the IPO Notice pursuant to the provisions of Section 30 evidencing that Tenant has received not less than $5,000,000 of additional capital and some portion of the Substitute Premises is subject to a Third Party Lease, Landlord shall use reasonable efforts to locate approximately 6,059 contiguous rentable square feet within the Building. In the event the Landlord is able to identify such space available for Tenant's use in the Building on or before July 31, 1999, Landlord shall deliver written notice ("Notice of Availability") to Tenant together with a diagram depicting the location and dimensions of such space (the "Alternative Substitute Premises"). Tenant shall have the right ("Right to Substitute"), upon and subject to all the terms and conditions set forth in this Section to substitute the Alternative Substitute Premises for the Initial Premises provided that within five (5) business days after Landlord gives Tenant the Notice of Availability, Tenant, by written notice to Landlord ("Notice of Acceptance"), elects to exercise its Right to Substitute.