Common use of Relocation of the Premises Clause in Contracts

Relocation of the Premises. Landlord reserves the unrestricted and unconditional right to relocate the Premises to substantially comparable space within the Business Center. Landlord will give Tenant a written notice of its intention to relocate the Premises, and Tenant will complete such relocation within thirty (30) days after receipt of such written notice. If the furnishings of the space to which Landlord proposes to relocate Tenant are not substantially the same as those of the Premises, or if the Monthly Base Rent of the new space is not substantially the same as the prior Monthly Base Rent, Tenant may so notify Landlord, and if Landlord fails to offer space satisfactory to Tenant, Tenant may terminate this Lease effective as of the thirtieth (30th) day after Landlord's initial notice. Upon Tenant's peaceable vacation and abandonment of the premises, Landlord will pay to Tenant a sum equal to one monthly installment of the Monthly Base Rent payable under this Lease. If Tenant does relocate within the Business Center, then effective on the date of such relocation this Lease will be amended by deleting the description of the original Premises and substituting for it a description of such comparable space. Landlord agrees to reimburse Tenant for its actual moving costs to such other space within the Business Center, to the extent such costs are reasonable.

Appears in 1 contract

Samples: Business Center Lease (Ion Networks Inc)

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Relocation of the Premises. Landlord at its sole cost and expense, reserves the unrestricted and unconditional right to relocate the Premises to substantially comparable space within the Business CenterBuilding, pursuant to this Section 27.24. Landlord will give Tenant a written notice of its intention to relocate the Premises, and Tenant will complete such relocation within thirty (30) 60 days after receipt of such written notice. If the furnishings of the space to which Landlord proposes to relocate Tenant are not substantially the same as those of the Premises, or if the Monthly Base Rent of the new space is not substantially comparable to the same as the prior Monthly Base RentPremises, Tenant may so notify Landlord, and if Landlord fails to offer space satisfactory to Tenant, Tenant Landlord may terminate this Lease effective as of not relocate the thirtieth (30th) day after Landlord's initial notice. Upon Tenant's peaceable vacation and abandonment of the premises, Landlord will pay to Tenant a sum equal to one monthly installment of the Monthly Base Rent payable under this Lease. If Tenant does relocate within the Business CenterProject, then effective on the date of such relocation this Lease will be amended by deleting the description of the original Premises and substituting for it a description of such comparable space. Landlord agrees to reimburse Tenant for its actual reasonable moving costs to such other space within the Business CenterProject, the reasonable costs of reprinting stationery, and the costs of rewiring the new Premises for telephone and computers comparable to the extent such costs are reasonableoriginal Premises. Landlord will use best efforts to minimize any disruption to tenant's business.

Appears in 1 contract

Samples: Office Lease (P F Changs China Bistro Inc)

Relocation of the Premises. Landlord reserves the unrestricted and unconditional right to relocate the Premises to substantially comparable space within the Business Centerproject, pursuant to this Section 27.24. The definition "comparable space" will include the elements of size, finishes and configuration as are reasonably attainable. Landlord will give Tenant a written notice of its intention to relocate the Premises, and Tenant will complete such relocation within thirty (30) 180 days after receipt of such written notice. If the furnishings of the space to which Landlord proposes to relocate Tenant are not substantially the same as those of the Premises, or if the Monthly Base Rent of the new space is not substantially comparable to the same as the prior Monthly Base RentPremises, Tenant may so notify Landlord, and if Landlord fails to offer space satisfactory to Tenant, Tenant may terminate Terminate this Lease effective as of the thirtieth (30th) 30th day after the date of Landlord's initial written notice. Upon Tenant's peaceable vacation and abandonment of the premises, Landlord will pay to Tenant a sum equal to one monthly installment of the Monthly Base Rent payable under this Lease. If Tenant does relocate within the Business Centerproject, then effective on the date of such relocation this Lease will be amended by deleting the description of the original Premises and substituting for it a description of such comparable space. Landlord agrees to reimburse Tenant for its actual reasonable moving costs to such other space within the Business Centerproject, the reasonable costs of reprinting stationery, and the costs of rewiring the new Premises for telephone and computers comparably to the extent such costs are reasonableoriginal Premises.

Appears in 1 contract

Samples: Office Lease (Eloquent Inc)

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Relocation of the Premises. Landlord reserves the unrestricted and unconditional right to relocate the Premises to substantially comparable space within the Business CenterBuilding, pursuant to this Section 27.22. Landlord will give Tenant a written notice of its intention to relocate the Premises, and Tenant will complete such relocation within thirty (30) 60 days after receipt of such written notice. If the furnishings of the space to which Landlord proposes to relocate Tenant are not substantially the same as those of the Premises, or if the Monthly Base Rent of the new space is not substantially comparable to the same as the prior Monthly Base RentPremises, Tenant may so notify Landlord, and if Landlord fails to offer space satisfactory to Tenant, Tenant may terminate this Lease effective as of the thirtieth (30th) 30th day after the date of Landlord's initial written notice. Upon Tenant's peaceable vacation and abandonment of the premises, Landlord will pay to Tenant a sum equal to one monthly installment of the Monthly Base Rent payable under this Lease. If Tenant does relocate within the Business CenterBuilding, then effective on the date of such relocation this Lease will be amended by deleting the description of the original Premises and substituting for it a description of such comparable space. Landlord agrees to reimburse Tenant for its actual reasonable moving costs to such other space within the Business CenterBuilding, the reasonable costs of reprinting stationery, 2 the costs of rewiring the new premises for telephone and computers comparably to the extent such costs are reasonableoriginal Premises.

Appears in 1 contract

Samples: Office Lease (Virage Logic Corp)

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