Common use of Relocation Right Clause in Contracts

Relocation Right. In the event Landlord requires the Premises for use in conjunction with another suite or for other reasons connected with Landlord’s planning program for the Building, upon notifying Tenant in writing, Landlord shall have the one-time right to move Tenant to other comparable space in the Building on a weekend reasonably acceptable to Tenant on not less than ninety (90) days’ advance notice, provided such space is not more than ten percent (10%) larger than the Premises and has comparable views, configuration, and finishes. If the relocated space is smaller than the Premises as it existed before the relocation, Rent and Tenant’s Share hereunder shall be reduced proportionally. If the relocated space is larger than the Premises as it existed before the relocation, rent as and Tenant’s Share shall remain in the same amount. If Landlord elects to move Tenant to such other space, Landlord shall pay for (a) all direct, out of pocket, reasonable expenses of Tenant in moving from the Premises to the new space, including stationery, business cards, data cabling and configuring Tenant’s work stations and (b) the cost of improving the new space so that the level of improvements in the new space is comparable to the level of improvements in the Premises. All the terms and conditions of the original Lease shall remain in full force and effect, except that (i) a revised Exhibit B shall become a part of this Lease and shall reflect the location of the new space; and (ii) Tenant agrees to execute promptly upon notice from Landlord an amendment to this Lease amending the Table and corresponding sections of the Lease in order to reflect all correct data for the new space.

Relocation Right. 44 45 In the event that Tenant occupies less than forty percent (40%) of the rentable square feet on any floor (other than the first or second floors) of any of the individual towers of the Building (or less than 10,000 square feet on the first or second floors of the Building) and Landlord requires desires to relocate all of that portion of the Premises for use on such floor to accommodate the leasing of such floor to a tenant taking the entire floor (or twenty five percent (25%) of the floor in conjunction with another suite the case of the first or for other reasons connected with Landlord’s planning program for second floors of the Building, upon notifying Tenant in writing), Landlord shall have may relocate that portion of the one-time right Premises to move Tenant to other comparable space in another portion of the Building on a weekend reasonably acceptable to Tenant on not less than ninety sixty (9060) days’ advance noticedays notice (the "Relocation Notice"), provided such that each of the following conditions are met: (i) the rentable and usable area of the alternative space is not more than offered for relocation in the Relocation Notice shall be of equivalent size to the existing Premises, subject to a variation of up to ten percent (10%) larger (the Base Rent and Additional Charges for the alternative space shall not be any greater than the Premises original space, if the alternative space, is larger and has comparable views, configuration, and finishes. If shall be appropriately reduced if the relocated alternative space is smaller than the Premises as it existed before the relocationoriginal space), Rent and Tenant’s Share hereunder shall be reduced proportionally. If the relocated space is larger than the Premises as it existed before the relocation, rent as and Tenant’s Share shall remain in the same amount. If Landlord elects to move Tenant to such other space, Landlord shall pay for (a) all direct, out of pocket, reasonable expenses of Tenant in moving from the Premises to the new space, including stationery, business cards, data cabling and configuring Tenant’s work stations and (b) the cost of improving the new space so that the level of improvements in the new space is comparable to the level of improvements in the Premises. All the terms and conditions of the original Lease shall remain in full force and effect, except that (i) a revised Exhibit B shall become a part of this Lease and shall reflect the location of the new space; and (ii) Landlord shall pay all reasonable out-of-pocket costs of Tenant agrees incurred in such relocation, including without limitation, the cost of tenant improvements necessary to configure the alternative space in substantially the same configuration and with substantially the same level of tenant improvements as the original space, all costs of moving expenses, wiring and cabling, replacement stationary, if applicable, and installation of computer and telephone equipment. The Relocation Notice shall designate the space to which Tenant is to be relocated and the timing of the relocation. Upon receiving the Relocation Notice, Tenant shall have the option of notifying Landlord within ten (10) days of the receipt of the Relocation Notice that Tenant elects to cancel this Lease as to the portion of the Premises that Landlord proposes to relocate in which case this Lease shall terminate as to such portion of the Premises as of the proposed relocation date specified in the Relocation Notice, which shall not be less than sixty (60) days from the date of such notice; provided, however, that if Landlord, within ten (10) days after receiving written notice of such election to terminate from Tenant, elects to rescind its Relocation Notice by so notifying Tenant in writing, Tenant's election to terminate shall be deemed automatically rescinded and of no force or effect; provided that Landlord shall have no further right to relocate the particular space in question. In the event of any such relocation, Landlord and Tenant shall execute promptly upon notice from Landlord an amendment to this Lease amending to evidence such relocated space. Landlord shall build all tenant improvements in the Table alternative space and corresponding sections shall give Tenant not less than ten (10) days notice of the Lease in order to reflect all correct data when such alternative space will be ready for the new spaceoccupancy.

Relocation Right. In the event Landlord requires the Premises for use in conjunction with another suite or for other reasons connected with Landlord’s planning program for the Building, upon notifying Tenant in writing, Landlord shall have the one-time right to move Tenant to other comparable space in the Building on a weekend reasonably acceptable to Tenant on not less than ninety (90) days’ advance noticeor in the Complex, provided such space is not more than ten percent (10%) smaller or larger than the Premises and has comparable views, configuration, and finishes. If the relocated space is smaller than the Premises as it existed before the relocation, Rent and Tenant’s Share hereunder shall be reduced proportionally. If the relocated space is larger than the Premises as it existed before the relocation, rent as and Tenant’s Share shall remain in the same amountPremises. If Landlord elects to move Tenant to such other space, Landlord shall give Tenant at least thirty (30) days’ prior written notice of Landlord’s intention to relocate the Premises, Landlord shall pay for (a) all direct, out of out-of-pocket, reasonable expenses of Tenant in moving from the Premises to the new space, including stationery, business cards, data cabling and configuring Tenant’s work stations space and (b) the cost of improving the new space so that the level of improvements in the new space is comparable to the level of improvements in the Premises, and as nearly as practicable, the physical relocation of the Premises shall take place on a weekend and shall be completed before the following Monday. All the terms and conditions of the original Lease shall remain in full force and effect, except that (i) a revised Exhibit B shall become a part of this Lease and shall reflect the location of the new space; and (ii) Tenant agrees to execute promptly upon notice from Landlord an amendment to this Lease amending the Table and corresponding sections of the Lease in order to reflect all correct data for the new space.