Amended Lease. If (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of 15 business days after Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified ROFO Space no lease amendment acceptable to both parties each in their sole and absolute discretion for the Identified ROFO Space has been executed, Tenant shall be deemed, subject to the terms of Section 39(a), to have waived its right to lease the Identified ROFO Space.
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Samples: Lease Agreement (Erasca, Inc.), Lease Agreement (Erasca, Inc.), Lease Agreement (Erasca, Inc.)
Amended Lease. If (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of 15 business days after Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified ROFO Space reflecting the terms of the ROFO Notice (and otherwise consistent with the general terms and conditions of this Lease), no lease amendment acceptable to both parties each in their sole and absolute discretion for the Identified ROFO Space has been executed, Tenant shall be deemed, subject to the terms of Section 39(a), deemed to have waived its right to lease the Identified ROFO Space.
Appears in 2 contracts
Samples: Lease Agreement (RayzeBio, Inc.), Lease Agreement (RayzeBio, Inc.)
Amended Lease. If If: (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of a period of 15 business days after Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified ROFO Space Space, no lease amendment for the Identified ROFO Space acceptable to both parties each in their sole and absolute discretion for the Identified ROFO Space reasonable discretion, has been executed, Tenant shall be deemedshall, subject notwithstanding anything to the terms of Section 39(a)contrary contained herein, be deemed to have forever waived its right to lease the such Identified ROFO Space.
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Samples: Lease Agreement (Vaxcyte, Inc.)
Amended Lease. If (i) Tenant fails to timely deliver an Exercise Notice, or (ii) after the expiration of 15 business days after Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified ROFO Space no lease amendment acceptable to both parties each in their sole and absolute discretion for the Identified ROFO Space has been executed, Tenant shall be deemed, subject to the terms of Section 39(a), deemed to have forever waived its right to lease the Identified ROFO Space.
Appears in 1 contract
