Notice and Acceptance of Terms Sample Clauses

Notice and Acceptance of Terms. In the event Tenant timely exercises Tenant’s Second Option to Extend as set forth herein, Landlord shall, within fifteen (15) days after receipt of Tenant’s exercise of option, advise Tenant of the Revised Terms and Conditions, Basic Rent and Security Deposit (however, in no event shall the required Security Deposit be less than the Security Deposit required in Lease Paragraph 4.G (“Rent: Security Deposit”)) required for the Second Extended Term of the Lease, with the Basic Rent rate for the Second Extended Term being the greater of (i) the monthly Basic Rent rate due for the last month of the First Extended Lease Term or (ii) the then current market Basic Rent Rate, as determined by Landlord, for a comparable Term and for comparable buildings in Fremont, California (the “Market Basic Rent Rate”). Tenant shall have ten (10) business days after receipt from the Landlord of said Revised Terms and Conditions, Basic Rent and Security Deposit in which to (i) accept said Revised Terms and Conditions, Basic Rent and Security Deposit and enter into Initial: DWD/JA written documentation confirming same or to (ii) challenge Landlord’s Market Basic Rent Rate by giving written notice of said challenge to Landlord (“Tenant’s Challenge”). In the event Tenant fails to (i) execute said written documentation confirming said Revised Terms and Conditions, Basic Rent and Security Deposit for the Second Extended Term of Lease or (ii) challenge Landlord’s Market Basic Rent Rate within said ten (10) business day period, Tenant shall have no further Option to Extend this Lease, and this Lease shall continue in full force and effect for the full remaining Term hereof absent this Paragraph 46, with Landlord having no further responsibility or obligation to Tenant with respect to Tenant’s Option to Extend. In the event Tenant challenges Landlord’s Market Basic Rent Rate, Landlord and Tenant shall attempt to agree upon the Market Basic Rent Rate using their best good-faith efforts. If Landlord and Tenant fail to reach agreement within ten (10) business days of Tenant’s Challenge notice (the “Outside Agreement Date”), then each party shall make a separate determination of the Market Basic Rent Rate which shall be submitted to each other and to arbitration in accordance with the following items (i) through (vii):
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Notice and Acceptance of Terms. In the event Tenant timely exercises Tenant’s Option to Extend as set forth herein and provided Landlord does not elect to rescind said Option to Extend, Landlord shall, within fifteen (15) days after receipt of Tenant’s exercise of its Option to Extend, advise Tenant of the terms and conditions and Security Deposit required for the Extended Term of the Lease. The Basic Rent during the Extended Term would commence at $2.46 per square foot per month on March 1, 2019 and said per square foot rate will increase by three percent (3%) on March 1, 2020. Tenant shall have five (5) days after receipt from Landlord of said new terms and conditions and Security Deposit in which to accept said new Security Deposit and terms and conditions and enter into written documentation confirming same. In the event Tenant fails to execute said written documentation confirming said new terms and conditions and Security Deposit for the Extended Term of the Lease within said five (5) day period, Tenant shall have no further Option to Extend this Lease, and this Lease shall continue in full Multi Tenant/Single Parcel Page 37 of 43 BUILDING: Ardenwood I-4 PROPERTY: 1-0514 UNIT: 1 LEASE ID: 0514-WAFE01-01 force and effect for the full remaining Term hereof absent of this Paragraph 48, with Landlord having no further responsibility or obligation to Tenant with respect to Tenant’s Option to Extend.
Notice and Acceptance of Terms. Landlord agrees that (i) in the event Landlord receives an offer from a third party to purchase or (ii) if Landlord desires to make an offer to sell said First Refusal Property, at a purchase price and upon terms and conditions which are satisfactory and acceptable to Landlord and providing Landlord is willing to sell said First Refusal Property, Landlord shall offer said First Refusal Property to Tenant and advise Tenant of the purchase price, the deposit, the financing terms, if any, closing cost allocations, projected date of close of escrow (collectively, “Basic Conditions”) for said First Refusal Property (“Landlord’s First Right Notice”). Tenant shall have ten (10) business days after receipt of Landlord’s First Right Notice to accept said Basic Conditions in writing. In the event (i) Tenant rejects or fails to accept said Basic Conditions set forth in the Landlord’s First Right Notice within said ten (10) business day period, or (ii) if Tenant accepts said Basic Conditions but fails to execute a purchase agreement for said First Refusal Property at the Basic Conditions so presented in Landlord’s First Right Notice, within thirty (30) days following Tenant’s acceptance of said Basic Conditions, said Right of First Refusal to Purchase shall thereafter be null and void.
Notice and Acceptance of Terms. In the event Tenant timely exercises Tenant’s Option to Extend as set forth herein, Landlord shall, within ten (10) business days after receipt of Tenant’s exercise of its Option to Extend, advise Tenant of the Basic Rent required for the Extended Term of the Lease. Said Basic Rent shall be equal to the then current market per square foot rate for similar quality buildings in the vicinity of the Premises of equivalent quality, size, utility and location (the “Market Basic Rent Rate”). Tenant shall have ten (10) business days after receipt from Landlord of the proposed Basic Rent in which to reject said proposed Basic Rent. Tenant’s failure to timely reject the proposed Basic Rent shall be deemed as Tenant’s acceptance of such proposed Basic Rent and Tenant shall enter into written documentation confirming same. If Tenant timely rejects the proposed Basic Rent, then Landlord and Tenant shall then negotiate in good faith to agree to the Basic Rent for a period of five (5) business days following such rejection notice from Tenant. In the event Landlord and Tenant fail to agree to the Basic Rent within such five (5) business day period (the “Outside Agreement Date”), then Landlord and Tenant shall each make a separate determination of the Market Basic Rent Rate which shall be submitted to each other and to arbitration in accordance with the following items (i) through (vii): Initial: JDK
Notice and Acceptance of Terms. In the event Tenant timely exercises Tenant’s Option to Extend as set forth herein, Landlord shall, within fifteen (15) days after receipt of Tenant’s exercise of its Option to Extend, advise Tenant of the terms and conditions, Basic Rent (in no event shall the Basic Rent Initial: MMK BUILDING: 1098 Alta PROPERTY: 1-0001

Related to Notice and Acceptance of Terms

  • Acceptance of Terms By using this website, you are hereby accepting the terms and conditions stipulated within the Privacy Policy Agreement. If you are not in agreement with our terms and conditions, then you should refrain from further use of our sites. In addition, your continued use of our website following the posting of any updates or changes to our terms and conditions shall mean that you agree and acceptance of such changes.

  • Delivery and Acceptance of the Manuscript The Author shall deliver the Contribution to the Editor (or, if requested by the Publisher, to the Publisher) on or before Delivery Date (the “Delivery Date”) electronically in the Publisher's standard requested format or in such other form as may be agreed in writing with the Publisher. The Author shall retain a duplicate copy of the Contribution. The Contribution shall be in a form acceptable to the Publisher (acting reasonably) and in line with the instructions contained in the Publisher’s guidelines as provided to the Author by the Publisher. The Author shall provide at the same time, or earlier if the Publisher reasonably requests, any editorial, publicity or other information (and in such form or format) reasonably required by the Publisher. The Publisher may exercise such additional quality control of the manuscript as it may decide at its sole discretion including through the use of plagiarism checking systems and/or peer review by internal or external reviewers of its choice. If the Publisher decides at its sole discretion that the final manuscript does not conform in quality, content, structure, level or form to the stated requirements of the Publisher, the Publisher shall be entitled to terminate this Agreement in accordance with the provisions of this Clause. The Author must inform the Publisher at the latest on the Delivery Date if the sequence of the naming of any co-authors entering into this Agreement shall be changed. If there are any changes in the authorship (e.g. a co-author joining or leaving), then the Publisher must be notified by the Author in writing immediately and the Parties will amend this Agreement accordingly. The Publisher shall have no obligation to consider publication under this Agreement in the absence of such agreed amendment. If the Author fails to deliver the Contribution in accordance with the provisions of this Clause above by the Delivery Date (or within any extension period given by the Publisher at its sole discretion) or if the Author (or any co-author) dies or becomes incapacitated or otherwise incapable of performing the Author’s obligations under this Agreement, the Publisher shall be entitled to either: (a) elect to continue to perform this Agreement in accordance with its terms and the Publisher may commission an appropriate and competent person (who, in the case of co-authors having entered into this Agreement, may be a co-author) to complete the Contribution; or (b) terminate this Agreement with immediate effect by written notice to the Author or the Author's successors, in which case all rights granted by the Author to the Publisher under this Agreement shall revert to the Author/Author's successors (subject to the provisions of the Clause "Termination"). The Author agrees, at the request of the Publisher, to execute all documents and do all things reasonably required by the Publisher in order to confer to the Publisher all rights intended to be granted under this Agreement. The Author warrants that the Contribution is original except for any excerpts from other works including pre-published illustrations, tables, animations, text quotations, photographs, diagrams, graphs or maps, and whether reproduced from print or electronic or other sources ("Third Party Material") and that any such Third Party Material is in the public domain (or otherwise unprotected by copyright/other rights) or has been included with written permission from or on behalf of the rights holder (and if requested in a form prescribed or approved by the Publisher) at the Author's expense unless otherwise agreed in writing, or is otherwise used in accordance with applicable law. On request from the Publisher, the Author shall in writing indicate the precise sources of these excerpts and their location in the manuscript. The Author shall also retain the written permissions and make them available to the Publisher on request.

  • Testing and Acceptance Designer will exercise commercially reasonable efforts to test Deliverables requiring testing and to make all necessary corrections prior to providing Deliverables to Client. Client, within five (5) business days of receipt of each Deliverable, shall notify Designer, in writing, of any failure of such Deliverable to comply with the specifications set forth in the Proposal, or of any other objections, corrections, changes or amendments Client wishes made to such Deliverable. Any such written notice shall be sufficient to identify with clarity any objection, correction or change or amendment, and Designer will undertake to make the same in a commercially timely manner. Any and all objections, corrections, changes or amendments shall be subject to the terms and conditions of this Agreement. In the absence of such notice from Client, the Deliverable shall be deemed accepted.

  • Delivery and Acceptance All Software provided hereunder will be delivered electronically. We provide trial licenses of the Software for testing and pre-acceptance before purchase and therefore, delivery is deemed complete and accepted when such Software is made available to you. You are responsible for downloading, installing, registering, or otherwise using the Software.

  • ACKNOWLEDGEMENT AND ACCEPTANCE I acknowledge receipt of this User Agreement. I understand and accept all terms and conditions of this User Agreement, and I will comply with the terms and conditions of this agreement and any additional VA warning banners, directives, handbooks, notices, or directions regarding access to or use of information systems or information. The terms and conditions of this document do not supersede the terms and conditions of the signatory’s employer and VA. Print or type your full name Signature Last 4 digits of SSN Date Office Phone Position Title Contractor’s Company Name

  • Assignment and Acceptance The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Acceptance, together with a processing and recordation fee of $3,500, and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.

  • Appointment of and Acceptance by NCPS Issuer and Broker hereby appoint NCPS to serve as Escrow Agent hereunder, and NCPS hereby accepts such appointment in accordance with the terms of this Escrow Agreement.

  • INSPECTION AND ACCEPTANCE (a) LOCKHEED XXXXXX and its customer may inspect all Work at reasonable times and places, including, when practicable, during manufacture and before shipment. SELLER shall provide all information, facilities, and assistance necessary for safe and convenient inspection without additional charge.

  • Employment and Acceptance During the Term (as defined in Section 1.2), the Company shall employ the Executive, and the Executive shall accept such employment and serve the Company, in each case, subject to the terms and conditions of this Agreement.

  • Acceptance of Terms and Conditions Seller, by signing this Agreement, or delivering the supplies or performing the services identified herein, agrees to comply with all the terms and conditions and all specifications and other documents that this Agreement incorporates by reference or attachment. Company hereby objects to any terms and conditions contained in any acknowledgment of this Agreement that are different from or in addition to those mentioned in this document. Failure of Company to enforce any of the provisions of this Agreement shall not be construed as evidence to interpret the requirements of this Agreement, nor a waiver of any requirement, nor of the right of Company to enforce each and every provision. All rights and obligations shall survive final performance of this Agreement.

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