Common use of Procedure for Offer Clause in Contracts

Procedure for Offer. Landlord shall notify Tenant ("First Offer Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space (collectively, the "Economic Terms"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last eight (8) months of the initial Lease Term unless Tenant has timely delivered Tenant's Acceptance to Landlord pursuant to Article 31 above.

Procedure for Offer. Landlord shall notify Tenant (the "First Offer NoticeFIRST -------------------- OFFER NOTICE") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space (collectively, the "Economic TermsECONOMIC TERMS"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last eight six (8) 6) months of the initial Lease Term unless Tenant has timely delivered Tenant's Acceptance to and Landlord pursuant to Article 31 aboveshall have previously extended the Term, in writing.

Procedure for Offer. Landlord shall notify Tenant ("First Offer Initials: -8- Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed material economic terms and conditions applicable to Tenant's lease of such space (collectively, the "Economic Terms"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last eight nine (8) months of 9) month period preceding the initial Lease Term unless Tenant has timely delivered Tenant's Acceptance to Landlord pursuant to Article 31 aboveExpiration Date.

Procedure for Offer. Landlord shall notify Tenant (the "First Offer NoticeFIRST OFFER NOTICE") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space space, including the proposed term (collectively, the "Economic TermsECONOMIC TERMS"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last eight six (8) 6) months of the initial Lease Term unless Tenant has timely delivered a notice to Landlord indicating Tenant's Acceptance exercise of its option to Landlord extend the Lease pursuant to Article 31 aboveSection 3.2 below.

Procedure for Offer. Landlord shall notify Tenant (the "First Offer Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed material economic terms and conditions applicable to Tenant's lease of such space (collectively, the "Economic Terms"), including the proposed term of lease and the proposed rent payable for the First Offer Space and shall specifically refer to Section 6.1 of this Third Amendment. Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last eight twelve (8) 12) months of the initial Lease Extended Term or any Option Period unless Tenant has timely delivered Tenant's Acceptance to Landlord pursuant to Article 31 aboveexercised an upcoming extension Option.

Procedure for Offer. Landlord shall notify Tenant (the "First Offer Notice") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space space, including the proposed term (collectively, the "Economic Terms"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during the last eight six (8) 6) months of the initial Lease Term unless Tenant has timely delivered a notice to Landlord indicating Tenant's Acceptance exercise of its option to Landlord extend the Lease pursuant to Article 31 aboveSection 3.2 below.

Procedure for Offer. Landlord shall notify Tenant (the "First Offer NoticeFIRST ------------------- OFFER NOTICE") from time to time when Landlord determines that Landlord shall commence the marketing of any First Offer Space because such space shall become available for lease to third parties, where no holder of a Superior Right desires to lease such space. The First Offer Notice shall describe the space so offered to Tenant and shall set forth forth, in reasonable detail to allow full consideration of such offer, Landlord's proposed economic terms and conditions applicable to Tenant's lease of such space (collectively, the "Economic TermsECONOMIC TERMS"). Notwithstanding the foregoing, Landlord's obligation to deliver the First Offer Notice shall not apply during after the last eight (8) months day of the initial Lease Term unless Tenant has timely delivered Tenant's Acceptance to Landlord pursuant to Article 31 above.second (2nd)