Relocation Notice. SML must give You written notice of the Relocation (Relocation Notice). This Relocation Notice will: (a) provide details of the Relocation; (b) offer You a licence at the new location; and (c) require You to surrender your current Licence and vacate the Premises on a specified date (which must be at least 90 days after the date of the Relocation Notice). SML will offer you new premises that are, as a minimum, reasonably comparable to the Premises. In this case, SML will charge you rent at the same rate per square metre. In the event the new premises provide you with enhanced facilities (in the reasonable opinion of SML), SML reserves the right to set the rent at a higher level.
Appears in 2 contracts
Sources: Occupancy Agreement, Occupancy Agreement