Common use of RELOCATION OF PREMISES Clause in Contracts

RELOCATION OF PREMISES. If the Premises leased hereunder are less than 3,000 square feet, Lessor may, at its option, elect by notice to Lessee to substitute for the Premises other office space in the Building (herein called "Substitute Premises") designated by Lessor; provided that the Substitute Premises contain at least the same useable square foot area as the Premises. Lessee shall vacate and surrender the Premises and shall occupy the Substitute Premises promptly (and, in any event, not later than fifteen (15) days after Lessor has substantially completed the work to be performed by Lessor in the Substitute Premises pursuant to this Section 30.6- Base Rent for the Substitute Premises shall remain the same as the Premises. Lessee shall not be entitled to an abatement of Rent due to its relocation to the Substitute Premises, but Lessor shall, at Lessor's expenses: furnish and install in the Substitute Premises fixtures, equipment, improvements and appurtenances at least equal in kind and quality to those contained in the Premises; provide to Lessee personnel to perform, under Lessee's direction, the moving of Lessee's property; promptly reimburse Lessee for lessee's actual and reasonable out-of-pocket costs incurred by Lessee in connection with the relocation provided such costs are approved by Lessor in advance, which approval will not be unreasonably withheld. Lessee agrees to cooperate with Lessor to facilitate the prompt completion by Lessor of its obligations under this Section and the prompt surrender by Lessee of the Premises.

Appears in 2 contracts

Samples: Assignment of Lease Agreement (Progressive Training, Inc.), Gardens Office Building Lease Agreement (Advanced Media Inc)

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RELOCATION OF PREMISES. If Tenant agrees that at any time before or during the term hereof, Landlord shall have the right to relocate the Premises leased hereunder are less than 3,000 square feet, Lessor may, at its option, elect by notice to Lessee to substitute for the Premises other office space in the Building described herein (herein called "Substitute existing Premises") designated by Lessor; provided that to other space ("new Premises") within the Substitute Premises contain at least Shopping Center in accordance with the same useable square foot area as following terms: (a) the Premises. Lessee shall vacate and surrender size of the Premises and shall occupy the Substitute Premises promptly (and, in any event, not later than fifteen (15) days after Lessor has substantially completed the work to be performed by Lessor in the Substitute Premises pursuant to this Section 30.6- Base Rent for the Substitute new Premises shall remain be substantially the same as the Premises. Lessee shall not be entitled to an abatement size of Rent due to its relocation to the Substitute Premises, but Lessor shall, at Lessor's expenses: furnish existing Premises unless Landlord and install Tenant otherwise agree in the Substitute Premises fixtures, equipment, improvements and appurtenances at least equal in kind and quality to those contained in the Premiseswriting; provide to Lessee personnel to perform, under Lessee's direction, the (b) moving of Lessee's property; promptly reimburse Lessee for lessee's actual and reasonable out-of-pocket costs incurred by Lessee in connection with the relocation (provided such costs are approved in advance by Lessor in advance, which approval will not be unreasonably withheld. Lessee agrees to cooperate with Lessor to facilitate the prompt completion by Lessor of its obligations under this Section Landlord) and the prompt surrender cost of installing permanent improvements of like kind and quality to the existing Premises (not including trade fixtures, equipment, and furniture) shall be borne entirely by Lessee Landlord (c) monthly minimum rent payable pursuant to Section 3.01 of this Lease shall be adjusted so that the monthly minimum rent payable by Tenant for occupancy of the new Premises, shall be at the same rate for the new Premises, provided that in no event shall the monthly minimum rent for the new Premises be less than the then monthly minimum rent payable hereunder; (d) the payments of new monthly minimum rent shall commence within ten (10) days after Landlord has completed the physical relocation and installation of permanent improvements in the new Premises; and (e) Landlord and Tenant shall promptly execute an amendment to this Lease reciting the relocation of the Premises and any changes in the monthly minimum rent payable hereunder.

Appears in 1 contract

Samples: Chicago Pizza & Brewery Inc

RELOCATION OF PREMISES. If the Premises leased hereunder are contain less than 3,000 10,000 square feet, Lessor mayLandlord shall have the right to relocate the Premises to another part of the Project in accordance with the following: (a) Landlord shall give Tenant at least thirty (30) days’ notice of Landlord’s intention to relocate the Premises; (b) the new premises shall be substantially the same in size, dimensions, configuration, and decor as the Premises and, if the relocation occurs after the Commencement Date, shall be placed in that condition by Landlord at its optioncost; (c) as nearly as practicable, elect by notice to Lessee to substitute for the physical relocation of the Premises other office space in the Building (herein called "Substitute Premises") designated by Lessor; provided that the Substitute Premises contain at least the same useable square foot area as the Premises. Lessee shall vacate and surrender the Premises take place on a weekend and shall occupy be completed before the Substitute Premises promptly following Monday and if the physical relocation has not been completed in that time, Rent shall axxxx from the time the physical relocation commences to the time it is completed, but not to exceed three (and, in any event, not later than fifteen (153) days after Lessor has substantially completed Business Days from the time that Landlord makes the new premises available to Tenant with all work to be performed by Lessor in the Substitute Premises pursuant to this Section 30.6- Base Rent for the Substitute Premises shall remain the same as the Premises. Lessee shall not be entitled to an abatement Landlord thereon substantially complete; (d) upon completion of Rent due to its relocation to the Substitute Premises, but Lessor shall, at Lessor's expenses: furnish and install in the Substitute Premises fixtures, equipment, improvements and appurtenances at least equal in kind and quality to those contained in the Premises; provide to Lessee personnel to perform, under Lessee's directionsuch relocation, the moving new premises shall become the “Premises” under this Lease; (e) all reasonable out of Lessee's property; promptly reimburse Lessee for lessee's actual and reasonable out-of-pocket costs incurred by Lessee in connection with Tenant as a result of the relocation provided such costs shall be paid by Landlord; (f) if the new premises are approved by Lessor in advancesmaller than the Premises as they existed before the relocation, which approval will not the Base Rent and Tenant’s Proportionate Share shall be unreasonably withheld. Lessee agrees reduced proportionately; and (g) the parties hereto shall immediately execute an amendment to cooperate with Lessor to facilitate this Lease setting forth the prompt completion by Lessor relocation of its obligations under this Section the Premises and the prompt surrender by Lessee reduction of the PremisesBase Rent and Tenant’s Proportionate Share, if any. Tenant hereby waives any claim against Landlord for loss of business on account of any relocation.

Appears in 1 contract

Samples: Office Lease (HF Enterprises Inc.)

RELOCATION OF PREMISES. If the Premises leased hereunder are contain less than 3,000 rentable square feet, Lessor may, at its option, Landlord may elect by notice to Lessee Tenant to substitute for the Premises other office space in the Building Project (herein called "Substitute Premises") designated by LessorLandlord; provided that the Substitute Premises contain at least the same useable square foot area as the Premises and have a configuration substantially similar to that of the Premises. Lessee Tenant shall vacate and surrender the Premises and shall occupy the Substitute Premises promptly (and, in any event, not later than fifteen (15) days after Lessor Landlord has substantially completed the work to be performed by Lessor Landlord in the Substitute Premises pursuant to this Section 30.6- Section). Base Rent for the remainder of the Lease term shall be adjusted such that the Base Rent payable by Tenant per net leasable square foot of the Substitute Premises shall be the same as that for the Premises. Additional Rent payable for the Substitute Premises shall remain the same as the Premisesbe calculated in accordance with Section 4. Lessee shall not be entitled to an abatement of Rent due to its relocation to the Substitute Premises, but Lessor Landlord shall, at Lessor's expensesLandlord’s expense: furnish and install in the Substitute Premises fixtures, equipment, improvements and appurtenances at least equal in kind and quality to those contained in the PremisesPremises at the time such notice of substitution is given by Landlord; provide to Lessee personnel to perform, under Lessee's direction, the moving of Lessee's property; and promptly reimburse Lessee Tenant for lessee's any other actual and reasonable out-of-pocket costs incurred by Lessee Tenant in connection with Tenant’s move from the relocation Premises to the Substitute Premises provided such costs are approved by Lessor Landlord in advance, which approval will shall not be unreasonably withheld. Lessee agrees to cooperate with Lessor to facilitate the prompt completion by Lessor of its obligations under this Section and the prompt surrender by Lessee of the Premises.

Appears in 1 contract

Samples: Office Lease Agreement (Mathstar Inc)

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RELOCATION OF PREMISES. The parties acknowledge that the Premises are used for both (a) personnel who devote one hundred percent (100%) of their time to managing and leasing the Building under the terms of the Management Subcontract (the "Building Personnel") and (b) personnel other than Building Personnel ("Other Personnel"). As a part of Tenant's obligations to Landlord under the Management Subcontract, Tenant will offer the Premises for lease to third parties. If the Premises are leased hereunder are less than 3,000 square feet, Lessor may, at its option, elect by notice to Lessee a third party and space similar in size to substitute for the Premises is available on or above the seventeenth (17th) floor of the Building, Tenant shall relocate to such available space and such space shall thereafter constitute the Premises. If space of comparable size is not then available on or above the seventeenth (17th) floor of the Building, Landlord may require Tenant to relocate to other space of comparable size which is suitable for Tenant's office use in any location in the Building designated by Landlord and such space shall thereafter constitute the Premises. If space of comparable size is not then available in any location in the Building, Landlord shall relocate the Building Personnel to such smaller space in the Building as Landlord deems appropriate (herein called "Substitute Premises") designated by Lessor; provided that the Substitute Premises contain at least the same useable square foot area as and such space shall thereafter constitute the Premises) and Tenant shall relocate the Other Personnel outside the Building (unless otherwise agreed in writing between Landlord and Tenant). Lessee Landlord may relocate Tenant to other space in the Building one or more times pursuant to the foregoing provisions, and in each case the terms and conditions contained in this Lease shall vacate and surrender apply to the substitute Premises. In addition, Tenant agrees to relocate the Other Personnel from the Premises and shall occupy to space located outside of the Substitute Premises promptly Building at such time as Tenant (and, in any event, not later than fifteen (15or an affiliate) days after Lessor has substantially completed the work to be performed by Lessor acquired another building in the Substitute Premises pursuant to this Section 30.6- Base Rent for the Substitute Premises shall remain the same as the Premises. Lessee shall not be entitled to an abatement of Rent due to its relocation to the Substitute Premises, but Lessor shall, at Lessor's expenses: furnish and install in the Substitute Premises fixtures, equipment, improvements and appurtenances at least equal in kind and quality to those contained in the Premises; provide to Lessee personnel to perform, under Lessee's direction, the moving of Lessee's property; promptly reimburse Lessee for lessee's actual and reasonable out-of-pocket costs incurred by Lessee in connection with the relocation provided such costs are approved by Lessor in advance, which approval will not be unreasonably withheld. Lessee agrees to cooperate with Lessor to facilitate the prompt completion by Lessor of its obligations under this Section and the prompt surrender by Lessee of the PremisesMinneapolis CBD.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Behringer Harvard Reit I Inc)

RELOCATION OF PREMISES. If the Premises leased hereunder are contain less than 3,000 10,000 square feet, Lessor mayLandlord shall have the right to relocate the Premises to another part of the Building in accordance with the following: (a) Landlord shall give Tenant at least thirty (30) days’ notice of Landlord’s intention to relocate the Premises; (b) the new premises shall be substantially the same in size, dimensions, configuration, and decor as the Premises and, if the relocation occurs after the Commencement Date, shall be placed in that condition by Landlord at its optioncost; (c) as nearly as practicable, elect by notice to Lessee to substitute for the physical relocation of the Premises other office space in the Building (herein called "Substitute Premises") designated by Lessor; provided that the Substitute Premises contain at least the same useable square foot area as the Premises. Lessee shall vacate and surrender the Premises take place on a weekend and shall occupy be completed before the Substitute Premises promptly following Monday and if the physical relocation has not been completed in that time, Rent shall xxxxx from the time the physical relocation commences to the time it is completed, but not to exceed three (and, in any event, not later than fifteen (153) days after Lessor has substantially completed Business Days from the time that Landlord makes the new premises available to Tenant with all work to be performed by Lessor in the Substitute Premises pursuant to this Section 30.6- Base Rent for the Substitute Premises shall remain the same as the Premises. Lessee shall not be entitled to an abatement Landlord thereon substantially complete; (d) upon completion of Rent due to its relocation to the Substitute Premises, but Lessor shall, at Lessor's expenses: furnish and install in the Substitute Premises fixtures, equipment, improvements and appurtenances at least equal in kind and quality to those contained in the Premises; provide to Lessee personnel to perform, under Lessee's directionsuch relocation, the moving new premises shall become the “Premises” under this Lease; (e) all reasonable out of Lessee's property; promptly reimburse Lessee for lessee's actual and reasonable out-of-pocket costs incurred by Lessee in connection with Tenant as a result of the relocation provided such costs shall be paid by Landlord; (f) if the new premises are approved by Lessor in advancesmaller than the Premises as they existed before the relocation, which approval will not the Base Rent and Tenant’s Proportionate Share shall be unreasonably withheld. Lessee agrees reduced proportionately; and (g) the parties hereto shall immediately execute an amendment to cooperate with Lessor to facilitate this Lease setting forth the prompt completion by Lessor relocation of its obligations under this Section the Premises and the prompt surrender by Lessee reduction of the PremisesBase Rent and Tenant’s Proportionate Share, if any. Tenant hereby waives any claim against Landlord for loss of business on account of any relocation.

Appears in 1 contract

Samples: Office Lease (Quality Systems Inc)

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