Common use of Reduction Options Clause in Contracts

Reduction Options. Subject to the terms and conditions set forth herein, Landlord hereby grants to Tenant the options (the “Reduction Option(s)”) to reduce from time to time the Rentable Area of the Premises (the amount of space available for reduction at any time being referred to herein as the “Reduction Space”) as follows:

Appears in 1 contract

Sources: Lease Agreement (Wells Real Estate Investment Trust Inc)

Reduction Options. Subject to the terms and conditions set forth herein, Landlord hereby grants to Tenant the options (the "Reduction Option(s)") to reduce from time to time the Rentable Area of the Premises (the amount of space available for reduction at any time being referred to herein as the "Reduction Space") as follows:

Appears in 1 contract

Sources: Office Lease (Piper Jaffray Companies)