Common use of Grant of Option; Conditions Clause in Contracts

Grant of Option; Conditions. Tenant shall have the continuing right of first offer (the "RIGHT OF FIRST OFFER") with respect to the 18,035 rentable square feet known as suite number 1700 on the 17th floor of the Office Building shown on the demising plan attached hereto as EXHIBIT A-1 (the "OFFERING SPACE"). Tenant's Right of First Offer shall be exercised as follows: at any time after Landlord has determined that the existing tenant in any portion of the Offering Space will not extend or renew the term of its lease for such portion of the Offering Space (but prior to leasing such portion of the Offering Space to a party other than the existing tenant), Landlord shall advise Tenant (the "ROFO ADVICE") of the terms under which Landlord is prepared to lease the applicable Offering Space to Tenant for the remainder of the Term, which terms shall reflect the Prevailing Market (hereinafter defined) rate for such Offering Space as reasonably determined by Landlord. Tenant may lease such Offering Space in its entirety only, under such terms, by delivering written notice of exercise to Landlord (the "ROFO NOTICE OF EXERCISE") within 5 Business Days after the date the ROFO Advice is deemed to have been received by Tenant (in accordance with Section 24 of the Lease), except that Tenant shall have no such Right of First Offer and Landlord need not provide Tenant with a ROFO Advice, if:

Grant of Option; Conditions. Tenant shall have the continuing an ongoing right of first offer to lease (the "RIGHT OF FIRST OFFERRight of First Offer") with respect to the 18,035 rentable square feet known as suite number 1700 any separately demised space on the 17th twenty-sixth (26th) floor of the Office Building shown on the demising plan attached hereto as EXHIBIT A-1 (the "OFFERING SPACEROFO Space"). Tenant's Right of First Offer shall be exercised as follows: at any time within thirty (30) days after Landlord has determined that the an existing tenant in all or any portion of the Offering ROFO Space will not extend or renew the term of its lease for such portion of the Offering ROFO Space (but prior to leasing such portion of the Offering ROFO Space to a party other than the existing tenant), Landlord shall advise deliver written notice to Tenant (the "ROFO ADVICENotice") of the terms under which Landlord is prepared to lease such portion of the applicable Offering ROFO Space to Tenant for the remainder of the Suite 2600 and 2700 Lease Term, which terms shall reflect the Prevailing Fair Market Rental Rate (hereinafter definedas defined in Section 7.2.2 above) rate for such Offering ROFO Space as reasonably determined by LandlordLandlord and taking into account the then remaining length of the Suite 2600 and 2700 Lease Term. Tenant may lease such Offering ROFO Space in its entirety only, and for the remainder of the Suite 2600 and 2700 Lease Term only, under such terms, by delivering written notice of exercise to Landlord (the "ROFO NOTICE OF EXERCISENotice of Exercise") within 5 Business Days five (5) days after the date of the ROFO Advice is deemed to have been received by Tenant (in accordance with Section 24 of the Lease)Notice, except that Tenant shall have no such Right of First Offer and Landlord need not provide Tenant with a ROFO AdviceNotice, if:

Grant of Option; Conditions. Tenant shall have the continuing one time right of first offer (the "RIGHT OF FIRST OFFER"“Right of First Offer”) with respect to the 18,035 rentable square feet known as suite number 1700 any available space on the 17th third (3rd) floor of the Office Building shown on the demising plan attached hereto as EXHIBIT A-1 (the "OFFERING SPACEOffering Space"). Notwithstanding anything to the contrary contained herein, no portion of the Offering Space shall be deemed available until each such portion of the Offering Space has been leased to a third party and thereafter Landlord determines that such third party tenant of such Offering Space will vacate such Offering Space. Tenant's ’s Right of First Offer shall be exercised exercised, if at all, as follows: at any time after Landlord has determined that the existing tenant in any portion of the Offering Space will not extend or renew the term of its lease for such portion of the Offering Space (but prior to leasing such portion of the Offering Space to a party other than the existing tenant), Landlord shall advise Tenant (the "ROFO ADVICEAdvice") of the terms under which Landlord is prepared to lease the applicable Offering Space to Tenant for the remainder of the Term, which terms shall reflect the Prevailing Market (hereinafter defined) rate for such Offering Space as reasonably determined by Landlord. Tenant may lease such Offering Space in its entirety only, under such terms, by delivering written notice of exercise to Landlord (the "ROFO NOTICE OF EXERCISENotice of Exercise") within 5 Business Days 10 business days after the date the ROFO Advice is deemed to have been received by Tenant (in accordance with Section 24 of the Lease)Advice, except that Tenant shall have no such Right of First Offer and Landlord need not provide Tenant with a ROFO an Advice, if:

Grant of Option; Conditions. Tenant shall have the continuing one time right of first offer (the "RIGHT OF FIRST OFFER"“Right of First Offer”) with respect to either or both of the 18,035 rentable 9,487 square feet of Rentable Area known as suite number 1700 Suite No. 1150 and the 4,000 square feet of Rentable Area known as Suite No. 1100 on the 17th eleventh (11th) floor of the Office Building shown on the demising plan attached hereto as EXHIBIT A-1 Exhibit A-4 (the "OFFERING SPACE"each, a “ROFO Space”). Tenant's ’s Right of First Offer as to each ROFO Space shall be exercised as follows: at any time after Landlord has determined that the existing tenant in any portion of the Offering such ROFO Space will not extend or renew the term of its lease for such portion of the Offering ROFO Space (but prior to leasing such portion of the Offering ROFO Space to a party other than the existing tenant), Landlord shall advise deliver written notice to Tenant (the "“ROFO ADVICE"Notice”) of the terms under which Landlord is prepared to lease the applicable Offering ROFO Space in question to Tenant for the remainder of the Term, which terms shall reflect the Prevailing Market (hereinafter defined) rate for such Offering ROFO Space as reasonably determined by Landlord. Tenant may lease such Offering ROFO Space in its entirety only, under such terms, by delivering written notice of exercise to Landlord (the "ROFO NOTICE OF EXERCISE"“Notice of Exercise”) within 5 Business Days ten (10) days after the date of the ROFO Advice is deemed Notice, subject to have been received by Tenant (Rider No. 5 entitled “Options in accordance with Section 24 of the Lease)General”, and except that Tenant shall have no such Right of First Offer and Landlord need not provide Tenant with a ROFO AdviceNotice, if:if the existing tenant in the ROFO Space is interested in extending or renewing its lease for the ROFO Space or entering into a new lease for such ROFO Space.

Grant of Option; Conditions. Tenant shall have the continuing an ongoing right of first offer (the "RIGHT OF FIRST OFFER"“Right of First Offer”) with respect to adjacent, contiguous space to the 18,035 rentable square feet known as suite number 1700 Expansion Premises on the 17th ground floor of the Office Expansion Building shown on the demising plan attached hereto as EXHIBIT A-1 (the "OFFERING SPACE"“ROFO Space”). Tenant's ’s Right of First Offer shall be exercised as follows: at any time after Landlord has determined that the existing tenant in any portion of the Offering ROFO Space will not extend or renew the term of its lease for such portion of the Offering ROFO Space (but prior to leasing such portion of the Offering ROFO Space to a party other than the existing tenant), Landlord shall advise deliver written notice to Tenant (the "“ROFO ADVICE"Notice”) of the terms under which Landlord is prepared to lease the applicable Offering ROFO Space to Tenant for the remainder of the Term, which terms shall reflect the Prevailing Market (hereinafter defined) rate for such Offering ROFO Space as reasonably determined by Landlord. Tenant may lease such Offering ROFO Space in its entirety only, under such terms, by delivering written notice of exercise to Landlord (the "ROFO NOTICE OF EXERCISE"“Notice of Exercise”) within 5 ten (10) Business Days after the date of the ROFO Advice is deemed to have been received by Tenant (in accordance with Section 24 of the Lease)Notice, except that Tenant shall have no such Right of First Offer and Landlord need not provide Tenant with a ROFO AdviceNotice, if: