Premises Relocation Sample Clauses
A Premises Relocation clause outlines the conditions under which a landlord may require a tenant to move from their current leased space to another location within the same property or complex. Typically, this clause specifies the notice period the landlord must provide, the standards for the new premises (such as size and suitability), and any obligations the landlord has to cover moving costs or ensure minimal disruption to the tenant's business. The core function of this clause is to give landlords flexibility to reconfigure or repurpose property while protecting tenants from unreasonable inconvenience or expense.
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Premises Relocation. Landlord reserves the right from time to time to substitute for the Premises other premises (“New Premises”) at the Building so long as (a) the new premises are similar to the Premises in square footage; (b) Landlord gives Tenant at least thirty (30) days notice before making such change; (c) if Tenant has already taken possession of the Premises, Landlord pays reasonable direct out-of-pocket expenses of Tenant in moving from the Premises to the New Premises, and Landlord improves the New Premises to a condition substantially similar to the Premises (exclusive of trade fixtures, personal property, inventory and equipment). Landlord will not have any liability to Tenant for the loss or damage of ▇▇▇▇▇▇’s property or business arising in connection with moving to the New Premises. At Landlord’s request, Tenant will execute and deliver to Landlord an amendment to the Lease Agreement confirming the change of the Premises, and, if necessary, adjusting the Monthly Rent.
Premises Relocation. Landlord reserves the right from time to time to substitute for the Premises other premises (“New Premises”) so long as (a) the new premises are similar to the Premises in square footage; (b) Landlord gives Tenant at least sixty (60) days notice before making such change;
Premises Relocation. Lessor reserves the right to relocate the premises to substantially comparable space within the business center. Lessor will give Lessee written notice of its intention to relocate the premises, and lessee will complete its relocation within thirty (30) days after Lessor's notice. The base monthly rent of the new space will not exceed the base monthly rent for the former premises. If Lessee does not want to relocate its premises, Lessee may terminate this lease effective as of thirty (30) days after Lessor's initial notice.
Premises Relocation. If Tenant determines that its business requirements necessitate a relocation of the operations conducted at the Premises, Landlord shall work with Tenant in good faith to locate a new facility for Tenant within Landlord’s portfolio. Provided that a lease is entered into for new space within Landlord’s portfolio, Landlord agrees to terminate the balance of the existing term of this Lease effective at the commencement of the new Lease with Landlord. Any lease on such new space shall be subject to the agreement of the parties, each acting in their sole discretion.
Premises Relocation. Tenant shall continue occupying Suites 103 and 104 from this Amendment Date until August 31, 2025. On or before September 1, 2025 or as otherwise agreed in writing by and between Landlord and Tenant, Tenant shall vacate Suites 103 and 104 and relocate to Suite 108, containing approx. 6,302 rentable square feet, for the remainder of the Lease Term.