Relocation of Premises [NTD Clause Samples

Relocation of Premises [NTD. Modify as necessary] (a) the Relocated Premises shall contain approximately the same as, or greater rentable area than, the Premises; (b) the Landlord shall provide at its expense leasehold improvements in the Relocated Premises similar, but of no lesser value than the standards of the Leasehold Improvements in the Premises; (c) the Landlord shall pay for direct, out of pocket costs, and reasonable moving costs (if any) of the relocation to the Relocated Premises but not indirect or consequential costs (including, without limitation, overhead or overtime charges or lost profits or losses, claims, actions, damages or liability sustained or incurred by the Tenant as a result of any such relocation); (d) Rent for the Relocated Premises shall be no greater than the Rent for the Premises, notwithstanding that the Relocated Premises may contain a greater Rentable Area; (e) all other terms and conditions of this Lease shall apply to the Relocated Premises except as are inconsistent with the terms and conditions of this paragraph.