Common use of Relocation Clause in Contracts

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain in full force and effect and be applicable to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premises.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the rightright at any time, except during the last six (6) months of the Term, and after giving Tenant a minimum of sixty (60) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in Landlord's sole discretionthe Building of approximately the same size as, upon providing Tenant advance written notice with improvements comparable to the improvements in the Premises (the Relocation NoticeSubstitute Premises”), and b) relocate Tenant to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing such Substitute Premises. Landlord shall improve the New Premises, at its sole cost pay all reasonable costs and expense, with tenant improvements expenses incurred as a result of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving such relocation (including Tenant’s personal property reasonable reprinting costs for announcements, and relocating to replace Tenant’s operations from the existing Premises to the New Premises stock of stationery and shall pay the reasonable costs thereofbusiness cards). If Landlord relocates moves Tenant to the New Substitute Premises, then this Lease and each and all of the agreementsevery term, covenants, conditions covenant and provisions condition of this Lease shall remain in full force and effect and be deemed applicable to the New Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) a revised floor plan shall become part of this Lease and shall reflect if the location approximate rentable square footage of the New Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share of Operating Expense increases shall be appropriately reduced or (ii) if the approximate rentable square footage of the Substitute Premises is greater than that of the Premises, the Fixed Monthly Rent and Tenant's Percentage ’s Share of Operating Expense increases shall be adjusted as set forth in this Lease. Landlord shall use commercially reasonable efforts to reflect any increase or decrease in cause such relocation to occur over a weekend period. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the rentable square feet right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted intent to reflect any increase or decrease in rentable square feet of the New Premisesrelocate.

Appears in 2 contracts

Sources: Office Lease (Ritter Pharmaceuticals Inc), Office Lease (BioSig Technologies, Inc.)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing right at any time during the Term of this Lease to require the Tenant advance written notice (“Relocation Notice”), to relocate Premises to a new location other space in Building the Project (“New Premises”hereinafter referred to as "Substitution Space"). The New Premises Substitution Space shall be described in have approximately the Relocation Noticesame rentable square footage as the Premises. If Landlord will endeavor desires to provide exercise such right, Landlord shall give Tenant with New Premises substantially similar in size and location not less than sixty (60) days prior written notification that Tenant is to the existing Premisesrelocate to another space. Landlord shall improve pay for all reasonable costs directly related to such relocation, including all reasonable costs and expenses related to improving the New Premises, at its sole cost and expense, space with tenant leasehold improvements of comparable quality and utility equal to the tenant improvements those then in the original Tenant's Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New PremisesAfter such relocation, then this Lease and each and all of the agreementsterms, covenants, conditions conditions, provisions, and provisions agreements of this Lease shall remain continue in full force and effect and be applicable shall apply to the New Substitution Space except that if the Substitution Space contains more square footage than the presently leased Premises, except that (i) a revised floor plan the monthly rental shall become part of this Lease and be increased proportionately. If Tenant shall reflect the location retain possession of the New Premises or any part thereof following the date set for relocation or termination, Tenant shall be liable to Landlord, for each day of such retention, for double the amount of the daily rental for the last period prior to the date of such expiration or termination, plus actual damages incurred by Landlord resulting from delay by Tenant in surrendering the Premises, (ii) Tenantincluding, without limitation, any claims made against Landlord by any succeeding tenant to the Premises and Landlord's Percentage Share shall be adjusted costs in taking any action to reflect any increase or decrease in evict Tenant from the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premises.

Appears in 2 contracts

Sources: Office Lease (AbSci Corp), Office Lease (AbSci Corp)

Relocation. At any time after Tenant's execution of this Lease, Landlord Sublessor shall have the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), right at any time during the Term of this Sublease Agreement to require the Subtenant to relocate Premises to a new location other space in Building the Project (hereinafter referred to as New PremisesSubstitution Space”). The New Premises Substitution Space shall be described in have approximately the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to same rentable square footage as the existing Premises. Landlord If Sublessor desires to exercise such right, Sublessor shall improve give Subtenant not less than sixty (60) days prior written notification that Subtenant is to relocate to another space. Sublessor shall pay for all reasonable costs directly related to such relocation, including all reasonable costs and expenses related to improving the New Premises, at its sole cost and expense, space with tenant leasehold improvements of comparable quality and utility equal to the tenant improvements those then in the original Subtenant’s Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New PremisesAfter such relocation, then this Lease and each and all of the agreementsterms, covenants, conditions conditions, provisions, and provisions agreements of this Lease Sublease Agreement shall remain continue in full force and effect and be applicable shall apply to the New Substitution Space except that if the Substitution Space contains more square footage than the presently leased Premises, except that (i) a revised floor plan the monthly rental shall become part of this Lease and be increased proportionately. If Subtenant shall reflect the location retain possession of the New Premises or any part thereof following the date set for relocation or termination, Subtenant shall be liable to Sublessor, for each day of such retention, for double the amount of the daily rental for the last period prior to the date of such expiration or termination, plus actual damages incurred by Sublessor resulting from delay by Subtenant in surrendering the Premises, (ii) Tenant's Percentage Share shall be adjusted including, without limitation, any claims made against Sublessor by any succeeding tenant to reflect the Premises and Sublessor’s costs in taking any increase or decrease in action to evict Subtenant from the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premises.

Appears in 2 contracts

Sources: Sublease Agreement (AbSci Corp), Sublease Agreement (AbSci Corp)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), right at any time to relocate Tenant to any other leasable space in the Property (or Project) provided that said space shall be approximately the same size as the Premises and that Landlord shall pay the cost of moving Tenant’s furniture and equipment to a the new location in Building (“New Premises”)space. The New Premises new space shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with include tenant improvements of comparable quality and utility that are substantially equivalent to the tenant improvements contained in the original Premises, and the cost of any required tenant improvements shall be paid by Landlord. Landlord shall arrange deliver substitute space to Tenant not more than one hundred eighty (180) days after Tenant approves plans for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises construction of required tenant improvements at the new space, if any. Tenant shall not unreasonably withhold or delay its approval of any plans for the construction of tenant improvements. Landlord shall give Tenant not less than thirty (30) days advance notice of the estimated move in date. Prior to the New date that Tenant is moved to the new space, Tenant shall remain in the Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant continue to the New Premises, then this Lease and each and perform all of its obligations under this Lease. After Tenant moves into the agreementsnew space, covenants, conditions and provisions of this Lease shall remain in full force and effect and be deemed applicable to the New Premisessuch new space, except that (i) a revised floor plan shall become part as to Base Rent, Tenant’s share of this Lease Operating Expenses and shall reflect the location Taxes, all of the New Premises, (ii) Tenant's Percentage Share which shall be adjusted to reflect any increase or decrease in based on the relationship between the number of rentable square feet in the original Premises and the number of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet in the new space. Upon Tenant’s election to be relocated, Landlord and Tenant shall amend this Lease to provide for the relocation of the New Premises.

Appears in 2 contracts

Sources: Lease Agreement (Xenetic Biosciences, Inc.), Lease Agreement (Xenetic Biosciences, Inc.)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), right at any time to relocate Tenant to any other leasable space in the Property (or Project) provided that said space shall be approximately the same size as the Premises and that Landlord shall pay the cost of moving Tenant’s furniture and equipment to a the new location in Building (“New Premises”)space. The New Premises new space shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with include tenant improvements of comparable quality and utility that are substantially equivalent to the tenant improvements contained in the original Premises, and the cost of any required tenant improvements shall be paid by Landlord. Landlord shall arrange deliver substitute space to Tenant not more than one hundred eighty (180) days after Tenant approves plans for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises construction of required tenant improvements at the new space, if any. Tenant shall not unreasonably withhold or delay its approval of any plans for the construction of tenant improvements. Landlord shall give Tenant not less than thirty (30) days advance notice of the estimated move in date. Prior to the New date that Tenant is moved to the new space, Tenant shall remain in the Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant continue to the New Premises, then this Lease and each and perform all of its obligations under this Lease. After Tenant moves into the agreementsnew space, covenants, conditions and provisions of this Lease shall remain in full force and effect and be deemed applicable to the New Premisessuch new space, except that (i) a revised floor plan shall become part as to Base Rent, Tenant’s share of this Lease Operating Expenses and shall reflect the location Taxes, all of the New Premises, (ii) Tenant's Percentage Share which shall be adjusted to reflect any increase or decrease in based on the relationship between the number of rentable square feet in the original Premises and the number of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet in the new space; provided, however, in the event the square footage of the New new space is greater than the Premises then Base Rent and Tenant’s Pro Rata Share shall not change. Upon Tenant’s election to be relocated, Landlord and Tenant shall amend this Lease to provide for the relocation of the Premises.

Appears in 2 contracts

Sources: Lease Agreement (Keros Therapeutics, Inc.), Lease Agreement (Keros Therapeutics, Inc.)

Relocation. At any time after Tenant's execution of this Lease, 2.9.1 Landlord shall have reserves the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), right to relocate Tenant, at Landlord’s sole expense, from the Premises into other premises within the Project owned by Landlord or Landlord’s affiliate similar in size, quality and convenience to a new location in Building (“New the Premises”). The New Premises shall new premises shall, unless otherwise approved by Tenant, also (a) be described in located on the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to same or higher floor than the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain in full force and effect and be applicable to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (iib) Tenant's Percentage Share shall be adjusted to reflect any increase have a view comparable or decrease in better than the rentable square feet of view from the New Premises, and (iiic) have a similar configuration to the Monthly Rent Premises. 2.9.2 If Landlord elects to so relocate Tenant, Landlord shall deliver written notice to Tenant at least ninety (90) days in advance of the relocation date. Upon relocation, this Lease shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet amended by substituting the description of the New relocated premises and all rights of Tenant to the original Premises shall cease; provided that Tenant shall not be responsible for the payment of Base Rent with respect to the new premises in any amount exceeding the Base Rent then applicable hereunder to the extent that the square footage of the new premises is greater than the square footage of the original Premises. 2.9.3 Landlord shall reimburse Tenant for the actual, reasonable out-of-pocket costs incurred in (a) moving into the new location, (b) relocating Telecommunication Facilities and other electronic installations, (c) providing improvements in the new premises of a standard of quality equivalent to or better than the Premises, (d) designing and preparing space plans for the new location, and (e) reprinting stationery, business cards and similar Tenant forms and supplies.

Appears in 1 contract

Sources: Lease (Apex Technology Acquisition Corp)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing at any time prior to delivery of possession of the Leased Premises to Tenant advance written notice (“Relocation Notice”)under this Lease, to relocate the Leased Premises to a new another location in the Building (“New Premises”and in such event, Tenant shall, at the request of Landlord, enter into a modification agreement reflecting the relocation). The New Premises , provided: (i) the new premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar equivalent in size and location dimensions to the existing Leased Premises; and (ii) there shall be no increase in rent due to such relocation. In addition, subsequent to delivery of possession of the Leased Premises to Tenant under this Lease and only during renewal option periods, not during the original term. Landlord shall improve have the New Premisesright, from time to time during the term of this Lease, to relocate the Leased Premises to another location in the Building, provided: (a) Landlord shall give Tenant at its sole cost and expense, with tenant improvements of comparable quality and utility least three (3) months' notice prior to the tenant improvements effective date of such relocation; (b) the new premises shall be substantially equivalent in the original Premises. Landlord shall arrange for moving Tenant’s personal property size and relocating Tenant’s operations from dimensions to the existing Premises Leased Premises; (c) there shall be no increase in rent due to the New Premises and shall pay the such relocation; (d) all reasonable costs thereof. If Landlord relocates of physically relocating Tenant to the New Premisesnew premises shall be paid by Landlord; and (e) Tenant shall, then at the request of Landlord, enter into a modification agreement reflecting the relocation. The parties will execute an amendment to this Lease and each and all reflecting the relocation of the agreements, covenants, conditions and provisions of this Lease shall remain in full force and effect and be applicable to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Leased Premises.

Appears in 1 contract

Sources: Office Lease (Made2manage Systems Inc)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretionoption, upon providing Tenant advance not less than thirty (30) days prior written notice (“Relocation Notice”)to Tenant, to relocate Premises Tenant to a new location in Building (“New Premises”). The New Premises shall be described other space in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in Project, of approximately the same size and location similar level of improvements to the existing Premises. Landlord shall improve the New Premisesreimburse Tenant for reasonable out-of-pocket relocation expenses approved by Landlord in advance of any such relocation. After such relocation, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreementsterms, covenants, conditions conditions, provisions, and provisions agreements of this Lease shall remain continue in full force and effect and be applicable shall apply to the New Premises, relocation space except that that: (i) a revised floor plan shall become part if the then unexpired balance of the Term of this Lease and shall reflect be less than one year, the location term of this Lease shall be extended so that the unexpired balance of the New Premises, Term of this Lease shall be one year from the date of the move and (ii) Tenant's Percentage Share if the relocation space contains more square footage than the presently leased Premises, the monthly rental shall be adjusted to reflect any increase or decrease in the rentable square feet increased proportionately. If Tenant shall retain possession of the New Premises or any part thereof following the date set for relocation, Tenant shall be liable to Landlord, for each day of such retention, for double the amount of the daily rental for the last period prior to the date of such expiration or termination, plus actual damages incurred by Landlord resulting from delay by Tenant in surrendering the Premises, including, without limitation, any claims made against Landlord by any succeeding tenant to the Premises and (iii) Landlord's costs in taking any action to evict Tenant from the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premises.

Appears in 1 contract

Sources: Industrial Lease (Trellis Earth Products Inc)

Relocation. At any The Landlord reserves the right at ay time, and from time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”)to time, to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain in full force and effect and be applicable to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect change the location of the New Premises, provided that the Floor Area of the New Premises shall not be more than five percent (ii5%) larger than the Floor Area of the Premises unless consented to by the Tenant's Percentage . If the Landlord exercises such right to relocate the Tenant: (a) the Landlord shall endeavour to relocate the Tenant in premises of comparable size, quality and exposure; (b) during the period of such relocation, all Rent and other charges provided for hereunder shall ▇▇▇▇▇ for that period of time during which the Tenant is unable to carry on business in the Mall; (c) the Landlord will pay the moving costs of the Tenant, if any; (d) should the Floor Area of the premises to which the Tenant is relocated be larger or smaller than the Floor Area of the Premises, then the Minimum Rent and Tenant’s Proportionate Share shall be proportionately adjusted to reflect any such greater or lesser area by the ratio which such increase or decrease in the rentable square feet area bears to the original Floor Area of the New Premises; (e) the exercise of such rights shall be without recourse by the Tenant; (f) should the Landlord give the Tenant written notice of such relocation after the Tenant has commenced or completed the installation of partitioning or other improvements to the Premises, the Landlord will furnish the Tenant with similar partitioning and other improvements of equal quality or compensate the Tenant therefore; and (iiig) at the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet request of the New PremisesLandlord, the Tenant shall execute and deliver a lease of the premises to which the Tenant is relocated for the remainder of the Term, which lease shall contain the same terms and conditions as this Lease subject only to changes necessitated by Section 26.16(d) and an appropriate description of such premises, after which the parties shall release one another from any further obligation under this Lease.

Appears in 1 contract

Sources: Lease Agreement

Relocation. At After 60 days’ prior written notice to Tenant at any time after Tenant's execution of this Leaseduring the Term, Landlord shall have may require Tenant to move from the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), to relocate Premises to a new location other space of comparable size in Building the Project (the New Substituted Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide If Tenant with New Premises substantially similar in size and location is relocated to the existing Premises. Substituted Premises under this Section 2.5, Landlord agrees to pay all reasonable expenses of Tenant incidental to Tenant’s relocation to the Substituted Premises (excluding, without limitation, any loss of business or profits) and that Landlord shall improve the New Premises, Substituted Premises for Tenant’s use and occupancy at its sole cost and expense, with tenant improvements of comparable quality and utility least to the tenant improvements in same extent as the original PremisesPremises occupied by Tenant prior to such relocation exclusive of Tenant’s trade fixtures and Tenant’s Personal Property. Landlord and Tenant shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreements, covenants, conditions and provisions enter into an amendment of this Lease shall remain in full force and effect and be applicable to reflect the New changes required for the Substituted Premises, except that (i) including, without limitation, a revised floor plan shall become part of this Lease change in Tenant’s Proportionate Share and shall the amount the Base Rent to reflect the location change in the size of the New Premises, (ii) Tenant's Percentage Share Substituted Premises effective as of the date of relocation. There shall be adjusted no abatement of any rent payable hereunder on account of Tenant’s relocation or any inconvenience or business loss caused to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New PremisesTenant thereby.

Appears in 1 contract

Sources: Ground Lease Agreement (Imaging3 Inc)

Relocation. At Landlord, at its expense, at any time after before or during the Term, may relocate Tenant from the Premises to reasonably comparable space (“Relocation Space”) within the Building upon 60 days’ prior written notice to Tenant's execution . Tenant acknowledges that in reliance upon ▇▇▇▇▇▇▇▇’s right to relocate Tenant to other premises, Landlord may lease all or portions of the Premises to others or may grant other tenants of the Property one or more options to expand into all or part of the Premises. Tenant further acknowledges that Landlord may incur substantial liability to such other tenants if Landlord is unable to perform as agreed under any such leases or options for the Premises. If Landlord exercises its right under this Section, Tenant shall vacate the Premises and occupy the Relocation Space under all terms and conditions of this Lease, no later than the date stated by Landlord shall have the right, in Landlord's sole discretion’s written notice; however, upon providing Tenant advance written notice (“Relocation Notice”), to relocate Premises to a new location in Building (“New Premises”). The New Premises the Base Rent and Tenant’s Pro Rata Share shall be described in adjusted based on the rentable square footage of the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing PremisesSpace. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange pay Tenant’s reasonable costs for moving Tenant’s personal property furniture and relocating equipment and printing and distributing notices to Tenant’s operations from customers of Tenant’s change of address and one month’s supply of stationery showing the existing Premises new address. Upon the completion of such relocation, all references in this Lease to the New Premises shall refer to and shall pay mean the reasonable costs thereofRelocation Space. If Landlord relocates Tenant to the New Premisesshall, then this Lease upon request by ▇▇▇▇▇▇▇▇, sign and each and all of the agreements, covenants, conditions and provisions enter into an amendment of this Lease shall remain in full force and effect and be applicable to reflecting the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect the location substitution of the New Premises, (ii) Tenant's Percentage Share shall be adjusted Relocation Space pursuant to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premisesthis Section.

Appears in 1 contract

Sources: Office Lease Agreement

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the rightright from time to time during the Term, in at Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”)expense, to relocate the Premises from their present location within the Building to another location within the Project having at least the same floor area as that of the Premises (but shall not be more or less than ten (10%) percent in size of the initial premises), provided that Landlord gives Tenant written notice of Landlord's intention to do so at least ninety (90) days before undertaking such relocation. In such event, Landlord shall, at Landlord's expense, install within the Premises as so relocated improvements of the same quality and quantity as those made by Tenant or Landlord to the Premises, and on the completion of such installation shall cause Tenant's machinery, furniture, fixtures and equipment within the Premises to a new location in Building (“New Premises”)be moved to the Premises as so relocated. The New Upon the completion of such relocation, this Lease shall automatically cease to cover the space constituting the Premises immediately before such relocation, and shall be described automatically thereafter cover the space to which the Premises have been relocated, as aforesaid, all on the same terms and subject to the same conditions as those set forth in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease as in effect immediately before such relocation, and all without the necessity of further action by either party hereto. Also, the Base Rental shall remain be adjusted on the basis of the per square foot rates otherwise in full force effect, and effect Tenant's Share of Basic Operating Cost shall be proportionately adjusted, to reflect any difference between the size of the Premises prior to relocation and be applicable to that after relocation. Each party hereto shall, promptly upon its receipt of a written request therefor from the New Premisesother, except that (i) a revised floor plan shall become part enter into such amendment of this Lease and shall reflect as the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted requesting party considers reasonably necessary to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premisesconfirm such relocation.

Appears in 1 contract

Sources: Lease (Capital Growth Systems Inc /Fl/)

Relocation. At Landlord may at any time after Tenant's execution of this Leaseduring the Term, Landlord shall have but on no more than one (1) occasion during the right, in Landlord's sole discretion, Term and upon providing Tenant advance sixty (60) days’ prior written notice (“Relocation Notice”)to Tenant, at Landlord’s expense, relocate Tenant to relocate Premises to a new location another space in the Building (the “New Premises”). The , which is approximately the same dimensions and size and is improved in such a manner so that the New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location comparable to the existing Premises. : however, if Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility exercises Landlord’s election to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates relocate Tenant to the New Premises, then this Lease Tenant shall not be required to pay a higher Base Rent for the New Premises. Landlord shall pay all reasonable costs associated with such relocation, including the costs of moving, wiring/cabling improving the New Premises to at least the same condition to the original Premises, and each business cards and all stationery rendered useless. Nothing herein contained shall relieve Tenant, or imply that Tenant is relieved, of the agreements, covenants, conditions and liability for or obligation to pay any Additional Rent due by reason of any of the other provisions of this Lease Lease, which provisions shall remain in full force and effect and be applicable applied to the New Premises, except that (i) a revised floor plan . Landlord’s election to relocate Tenant shall become part of not terminate this Lease and or release Tenant, in whole or in part, from Tenant’s obligation to perform its obligations hereunder for the full Term. If any such relocation occurs, this Lease shall reflect continue in full force with no change in the location terms or conditions hereof other than (1) the substitution of the New Premises for the Premises specified in Section 1, and (2) if the size of the New Premises differs from the Premises, (ii) Tenant's Percentage the Proportionate Share shall be adjusted adjusted. Upon request from Landlord, Tenant shall execute an amendment to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premisesthis Lease reflecting such changes.

Appears in 1 contract

Sources: Commercial Industrial Lease Agreement (Sielox Inc)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the rightright at any time, in Landlord's sole discretion, upon providing Tenant advance written notice except during the last twelve (“Relocation Notice”12) months of the Term (as extended under this First Amendment), to relocate Premises to and after giving Tenant a new location in Building minimum of one hundred twenty (“New Premises”). The New Premises shall be described 120) days’ prior written notice, to: a) provide and furnish Tenant with space elsewhere in the Relocation Notice. Building of approximately the same size as the Premises (as expanded hereunder) with improvements (to be constructed by Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its Landlord’s sole cost and expense, with tenant improvements of ) comparable quality and utility to the tenant improvements in the original Premises (the “Substitute Premises”), and b) relocate Tenant to such Substitute Premises at Landlord’s sole cost and expense. Landlord shall arrange for moving pay all reasonable costs and expenses incurred as a result of such relocation (including Tenant’s personal property reasonable out-of-pocket reprinting costs for announcements, replacing Tenant’s existing stock of stationary and business cards and the costs of relocating Tenant’s operations from the existing Premises to the New Premises furniture and shall pay the reasonable costs thereoftelephone, computer and data cabling equipment). If Landlord relocates moves Tenant to the New Substitute Premises, then this Lease and each and all of the agreementsevery term, covenants, conditions covenant and provisions condition of this Lease shall remain in full force and effect and be deemed applicable to the New Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) a revised floor plan if the approximate Rentable square footage of the Substitute Premises is less than that of the Premises, the Fixed Monthly Rent and Tenant’s Share and Tenant’s Common Area Share of Operating Expense increases shall become part of be appropriately reduced. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease and shall reflect effective one hundred twenty (120) days from the location date Landlord provided Tenant with the original notification of the New Premises, (ii) Tenant's Percentage Share shall be adjusted intent to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premisesrelocate.

Appears in 1 contract

Sources: Office Lease (ReachLocal Inc)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing right at any time during the Term of this Lease to require the Tenant advance written notice (“Relocation Notice”), to relocate Premises to a new location other space in the Building (hereinafter referred to as New PremisesSubstitution Space”). The New Premises Substitution Space shall be described in have approximately the Relocation Noticesame rentable square footage as the Premises. If Landlord will endeavor desires to provide exercise such right, Landlord shall give Tenant with New Premises substantially similar in size and location not less than sixty (60) days prior written notification that Tenant is to the existing Premisesrelocate to another space. Landlord shall improve pay for all reasonable costs directly related to such relocation, including all reasonable costs and expenses related to improving the New Premises, at its sole cost and expense, space with tenant leasehold improvements of comparable quality and utility equal to the tenant improvements those then in the original Tenant’s Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New PremisesAfter such relocation, then this Lease and each and all of the agreementsterms, covenants, conditions conditions, provisions, and provisions agreements of this Lease shall remain continue in full force and effect and be applicable shall apply to the New Substitution Space except that if the Substitution Space contains more square footage than the presently leased Premises, except that (i) a revised floor plan the monthly rental shall become part of this Lease and be increased proportionately. If Tenant shall reflect the location retain possession of the New Premises or any part thereof following the date set for relocation or termination, Tenant shall be liable to Landlord, for each day of such retention, for double the amount of the daily rental for the last period prior to the date of such expiration or termination, plus actual damages incurred by Landlord resulting from delay by Tenant in surrendering the Premises, (ii) Tenant's Percentage Share shall be adjusted including, without limitation, any claims made against Landlord by any succeeding tenant to reflect the Premises and Landlord’s costs in taking any increase or decrease in action to evict Tenant from the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premises.

Appears in 1 contract

Sources: Office Lease (Thermal Tennis Inc.)

Relocation. At any time after Tenant's execution of this Lease, The Landlord shall have the rightright from time to time, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”)on not less than 60 days’ Notice to the Tenant, to relocate the Premises to a new location other premises within the Building having approximately the same area as the Premises. If the Landlord relocates the Premises prior to occupancy by the Tenant, it shall reimburse the Tenant for all expenses already incurred by the Tenant in Building (“New Premises”). The New preparing to move into the Premises shall be described to the extent that such expenditure is for items or materials not usable in the Relocation Noticealternate premises. If the Landlord will endeavor to provide relocates the Tenant with New Premises substantially similar in size and location to after occupancy by the existing Premises. Tenant, the Landlord shall improve provide the New Premises, at its sole cost relocated premises improved to a standard and expense, with tenant improvements using materials of comparable approximately the same quality and utility to as the tenant improvements Leasehold Improvements which exist in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises at the time of relocation and reimburse the Tenant within thirty (30) days of receipt of copies of receipted third party invoices for direct costs associated with the relocation, including, without limitation, moving costs, reprinting of a limited supply of stationery and supplies and disconnection and reconnection of telephone and computer equipment and systems. In no case will the Tenant be reimbursed or compensated for indirect costs including overhead, overtime charges or loss of profits and the Tenant will minimize costs by re-using all fixtures and trade fixtures from the Premises where it is feasible to do so. The Landlord agrees to use reasonable efforts to effect the relocation with a minimum of disruption to the New Tenant’s business. The Landlord and the Tenant shall enter into a lease amending agreement in the Landlord’s standard form to confirm the terms of the relocation including, without limitation, any adjustment to the Basic Rent if the Rentable Area of the relocated premises is different than the Rentable Area of the existing Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease confirm that all other terms and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain in full force and effect and be applicable apply with respect to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect relocated premises for the location remainder of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New PremisesTerm.

Appears in 1 contract

Sources: Lease Agreement (Venus Concept Inc.)

Relocation. At any time and from time to time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written thirty (30) days notice (“Relocation Notice”)in writing, to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New reasonably similar space elsewhere in the Building or the Project of approximately the same size as the Premises substantially similar in size and location to move Tenant to said space. In the event that Landlord shall exercise such right subsequent to the existing Premises. Landlord shall improve actual occupancy of the New PremisesPremises by Tenant, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises Tenant and shall pay the reasonable costs thereof. If Landlord relocates of moving Tenant to the New Premisessuch new space and all other reasonable expenses related to such relocation. Following any such relocation, then this Lease Lease, and each and all of the agreementsterms and covenants and conditions hereof, covenants, conditions and provisions of this Lease shall remain in full force and effect and thereupon be deemed applicable to the New Premises, such new space except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) new space. Tenant's Percentage Share and Base Rent shall be adjusted to reflect any increase or decrease in the rentable square feet size of the New Premisesnew premises, and but such adjustment shall not increase the Base Rent by more than five percent (iii5.0%), regardless of the size of the substituted premises. Should Tenant refuse to move to such new space at the end of said thirty (30) day period, Landlord shall have the Monthly Rent right, in addition to exercising any other remedies provided in this Lease, to terminate this Lease by notice given to Tenant in writing within ten (10) days following the end of said thirty (30) day period, which termination shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet effective sixty (60) days after the date of the New Premisesoriginal notice of relocation by Landlord. Tenant shall continue to pay Rent and perform all of its obligations hereunder until termination of this Lease.

Appears in 1 contract

Sources: Lease Agreement (Bionx Implants Inc)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the rightone-time right at any time, except during the last six (6) months of the Term, and after giving Tenant a minimum of ninety (90) days prior written notice, to: a) provide and furnish Tenant with space elsewhere in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), to relocate Premises to a new location in the Building (but not on a lower floor) of approximately the same size, views, configuration and quality of tenant improvements as the Premises (the New Substitute Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor ) and b) relocate Tenant to provide Tenant with New Premises substantially similar in size and location to the existing such Substitute Premises. Landlord shall improve the New Premises, at its sole cost pay all costs and expense, with tenant improvements expenses incurred as a result of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving such relocation (including (i) Tenant’s personal property reasonable reprinting costs for announcements, stationery and relocating business cards, and (ii) costs incurred in connection with the relocation of Tenant’s operations from the existing Premises to the New Premises telephone and shall pay the reasonable costs thereofdata cabling equipment. If Landlord relocates moves Tenant to the New Substitute Premises, then this Lease and each and all of the agreementsevery term, covenants, conditions covenant and provisions condition of this Lease shall remain in full force and effect and be deemed applicable to the New Substitute Premises, as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto, except that (i) a revised floor plan shall become part of this Lease and shall reflect if the location approximate Rentable square footage of the New Substitute Premises is less than that of the Premises, (ii) the Fixed Monthly Rent and Tenant's Percentage ’s Share shall be adjusted to reflect any increase or decrease in appropriately reduced, and if the rentable approximate Rentable square feet footage of the New Substitute Premises is more than that of the Premises, and (iii) the Fixed Monthly Rent and Tenant’s Share shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable based on the square feet footage of the New PremisesPremises prior to the relocation, and shall not increase. If Tenant refuses to permit Landlord to relocate Tenant as specified above, Landlord shall have the right to terminate this Lease effective ninety (90) days from the date Landlord provided Tenant with the original notification of intent to relocate.

Appears in 1 contract

Sources: Office Lease (National Mercantile Bancorp)

Relocation. At Landlord, at its expense, at any one time after during the Term, may one-time relocate Tenant from the Premises to second (2nd) floor or higher space of reasonably comparable size, view, layout and utility ("Relocation Space") within the Building or other buildings within the Project upon at least 90 calendar days' prior written notice to Tenant. Expenses to be paid by Landlord, within thirty (30) days following delivery of an invoice by Tenant to Landlord, are Tenant's execution reasonable and actual expenses resulting from the physical relocation of this LeaseTenant's furniture, Landlord shall have the rightfixtures, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), cabling and equipment to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation NoticeSpace. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New PremisesLandlord, at its sole cost and expense, shall provide Tenant with tenant improvements of comparable quality and utility to the tenant improvements in the Relocation Space at least equal in quality to those in the Premises, which tenant improvements shall be substantially completed prior to the date Tenant has to vacate and surrender possession of the original PremisesPremises to Landlord. Landlord Tenant shall arrange for moving Tenant’s personal property and relocating Tenant’s operations have no obligation to remove any tenant improvements, Alterations or cabling from the existing original Premises if Landlord relocates Tenant from the original Premises to the New Premises Relocation Space pursuant to this Section 21. From and after the date of the relocation, "Premises" shall pay the reasonable costs thereof. If Landlord relocates Tenant refer to the New Premises, then this Lease Relocation Space into which Tenant has been moved and each the Base Rent and all of the agreements, covenants, conditions and provisions of this Lease shall remain in full force and effect and be applicable to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) Tenant's Percentage Pro Rata Share shall be adjusted to reflect any increase or decrease in based on the rentable square feet footage of the New PremisesRelocation Space; provided, and however, if (iiia) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in Relocation Space contains fewer rentable square feet than the original Premises, then Tenant’s Base Rent obligation and Tenant’s Pro Rata Share shall be proportionately reduced or (b) the Relocation Space contains more rentable square feet than the original Premises, then Tenant’s Base Rent obligation and Tenant’s Pro Rata Share shall not increase as a result of the New Premisessuch relocation.

Appears in 1 contract

Sources: Office Lease Agreement (ChromaDex Corp.)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), one time option to relocate Premises the Tenant to a new location alternative space in Building (“New Premises”). The New Premises the Building, which alternative space shall be described in of comparable size to or larger than the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Leased Premises. Landlord shall improve give Tenant not less than ninety (90) days prior written notice of such relocation, which notice shall include the New date on which the Tenant shall be required to relocate or move and a description of the space to which Tenant will be relocated. Landlord shall promptly pay all out-of-pocket costs and expenses of relocating Tenant (and the cost of preparing such comparable space for occupancy) including the construction of any Tenant leasehold improvements to make such space comparable to the Leased Premises. However, at its sole cost if Tenant is relocated prior to occupancy and expense, fitting out the Leased Premises with tenant improvements, Landlord shall only be required to pay the costs otherwise agreed to be paid by Landlord under this Lease for construction of tenant improvements of comparable quality plus costs and utility expenses incident to changes in the tenant improvements as a result of such relocation in excess of those which would have been borne by Tenant if there had been no relocation. In the original Premises. Landlord event of such relocation, such alternative space shall arrange for moving Tenant’s personal property all purposes be deemed the Leased Premises hereunder and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain continue in full force and effect and be applicable to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect without any increase or decrease change in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase other terms or decrease in rentable square feet of the New Premisesconditions hereof.

Appears in 1 contract

Sources: Lease Agreement (Icarus International Inc)

Relocation. At any time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant Upon 120 days advance written notice to Tenant (the “Relocation Notice”), Landlord shall have the right to relocate Premises Tenant to a new location other space in the Building (the New Substitute Premises”). The New ) provided such other space is equal in size to or larger in size than the Premises and contains the same number of work stations, offices, breakrooms and reception areas as are contained in the Premises as of the date Tenant receives the Relocation Notice and provided that the total monthly Base Rent for the Substitute Premises shall be described in no event exceed the Relocation Notice. Landlord will endeavor to provide Tenant with New total monthly Base Rent for the Premises substantially similar in size and location prior to the existing Premisesrelocation and Tenant’s Pro Rata Share for the Substitute Premises shall in no event exceed Tenant’s Pro Rata Share for the Premises prior to the relocation. Landlord shall improve pay all reasonable third party out-of-pocket expenses of any such relocation, including the New Premises, at its sole cost expenses of moving and expense, construction of improvements substantially similar to Landlord Work and other improvements installed with tenant improvements the written consent of comparable quality Landlord and utility prior to the tenant date of the Relocation Notice and the expense of installing and connecting Cable in the Substitute Premises in the manner and to the extent such Cable existed in the Premises prior to the relocation, subject to the condition that Landlord shall have the right to use all or any of Landlord Work and such other improvements (including Cable) in connection with the construction of the improvements in the original Substitute Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from In the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premisesevent of such relocation, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain continue in full force and effect and be applicable to without any change in the New Premisesterms or other conditions, except that (i) a revised floor plan the Substitute Premises shall become part of be the Premises and an Exhibit A-1 showing the Substitute Premises shall be substituted for the Exhibit A-1 attached hereto. If requested by Landlord, Tenant shall execute an amendment to this Lease and shall reflect evidencing the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premisesforegoing.

Appears in 1 contract

Sources: Office Lease (Aeglea BioTherapeutics, Inc.)

Relocation. At any time and from time to time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written thirty (30) days notice (“Relocation Notice”)in writing, to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New reasonably similar space elsewhere in the Building of approximately the same size, condition and build out as the Premises substantially similar in size and location to move Tenant to said space. In the event that Landlord shall exercise such right subsequent to the existing Premises. Landlord shall improve actual occupancy of the New PremisesPremises by Tenant, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises Tenant and shall pay the reasonable costs thereof. If Landlord relocates of moving Tenant to the New Premisessuch new space and all other reasonable expenses related to such relocation. Following any such relocation, then this Lease Lease, and each and all of the agreements, covenants, terms and covenants and conditions and provisions of this Lease hereof shall remain in full force and effect and thereupon be deemed applicable to the New Premises, such new space except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) new space. Tenant's Percentage Share and Base Rent shall be adjusted to reflect any increase or decrease in the rentable square feet size of the New Premisesnew premises, and but such adjustment shall not increase the Base Rent by more than five percent (iii5.0%), regardless of the size of the substituted premises. Should Tenant refuse to move to such new space at the end of said thirty (30) day period, Landlord shall have the Monthly Rent right, in addition to exercising any other remedies provided in this Lease, to terminate this Lease by notice given to Tenant in writing within ten (10) days following the end of said thirty (30) day period, which termination shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet effective sixty (60) days after the date of the New Premisesoriginal notice of relocation by Landlord. Tenant shall continue to pay Rent and perform all of its obligations hereunder until termination of this Lease.

Appears in 1 contract

Sources: Lease Agreement (Sea Coast Foods, Inc.)

Relocation. At any Landlord may, at its election, upon at least 30 days’ written notice to Tenant, relocate Tenant and substitute for the Premises other space in the Project containing at least as much useable area as the Premises. If Tenant confirms in writing to Landlord, within in five days of receipt of such written notice from Landlord that it will vacate the Premises and occupy the new location within the time after frame set forth in the notice from Landlord, then Landlord shall, at its cost, improve such substitute space with improvements at least equal in quantity and quality to those then existing in the Premises and Landlord shall reimburse Tenant for Tenant's execution of this Lease’s reasonable expenses incurred in connection with such relocation, including moving expenses, door lettering, and telephone relocation. If Tenant fails to send such written confirmation notice to Landlord within such five day period, such failure shall be deemed to constitute Tenant’s election to continue to occupy the Premises for an additional 15 day period beyond the time frame set forth in Landlord’s notice, in which event Landlord shall have no obligations to improve such substitute space and pay Tenant’s reasonable relocation costs as set forth in the rightpreceding sentence. Failure by Tenant to relocate as provided in this Paragraph shall constitute a default under this Lease and Tenant acknowledges that it will, in addition, be liable for Landlord's sole discretion, upon providing ’s additional damages incurred as a result of any failure by Tenant advance written notice to timely vacate the Premises (“Relocation Notice”including damages resulting from lost opportunities), to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements not be held liable for any damages arising out of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from relocation. Such substitute space shall become the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreements, covenants, conditions and provisions for purposes of this Lease shall remain in full force and effect and be applicable to the New Premises, except that (i) a revised floor plan shall become part following Tenant’s taking possession of this Lease and shall reflect the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premisessuch substitute space.

Appears in 1 contract

Sources: Office Lease Agreement (Evoke Pharma Inc)

Relocation. At any time after Tenant's On one (1) occasion following the date of execution of this LeaseLease by Landlord and Tenant, on at least ninety (90) days’ prior notice to Tenant, Landlord shall have the rightright to move Tenant out of the Premises and into premises having at least equal floor space and linear fenestration of windows located on the top two (2) floors of the Building for the duration of the Term. In the event Landlord exercises this right of relocation, Landlord shall decorate and construct improvements in Landlord's sole discretionthe new premises equivalent to those in the Premises and remove, upon providing Tenant advance written notice (“Relocation Notice”)relocate and reinstall Tenant’s Property including furniture, trade fixtures, furnishings, cabling, wiring, equipment and other personal property, and, if installed in the Premises, submeters equivalent to relocate those in the Premises to a measure Tenant’s use of electricity, all at the sole cost and expense of Landlord. When the substitute new location in Building (“New Premises”). The New Premises premises are ready for delivery by Landlord, Tenant shall be described in surrender the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. In connection with such relocation, Landlord shall improve the New Premisesshall, at its Landlord’s sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements (i) if such relocation causes a change in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating address at the Premises shown on Tenant’s operations from letterhead and business cards, provide Tenant with a reasonable supply of new letterhead and business cards reflecting such changed address and (ii) reimburse Tenant for the existing actual reasonable out-of-pocket cost incurred by Tenant in printing and mailing to Tenant’s vendors and customers having contact with Tenant at the Premises to the New Premises and shall pay the reasonable costs thereofa notice of such relocation. If Landlord relocates Tenant to the New PremisesFollowing any such relocation, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain continue in full force and effect and be applicable to except for the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect the location description of the New PremisesPremises and Tenant’s Share which, (ii) upon completion of such relocation, shall be deemed amended to describe the substitute new premises and pro rata share, respectively, to which Tenant shall have been relocated in accordance with this Section 14.17. The Fixed Rent and Tenant's Percentage ’s Share shall be adjusted to reflect any increase or decrease in the rentable square feet size of the New Premisesnew premises, and (iii) the Monthly but such adjustment shall not increase said Fixed Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet Tenant’s Share, regardless of the New Premisessize of the new premises.

Appears in 1 contract

Sources: Lease Agreement (Teltronics Inc)

Relocation. At any time after Landlord, upon at least sixty (60) days prior notice to Tenant, may require Tenant to relocate to other premises of substantially equal size in the Building which shall, upon delivery, be substituted for the Premises under this Lease. The amount of the Base Rent and Tenant's execution share of this LeaseOperating Costs, Landlord Utility Costs and Taxes shall have be adjusted based upon the rightRentable Area of the substitute premises. Landlord, in at Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility shall cause the substitute premises to the tenant improvements be improved prior to delivery in a manner similar to the original Premises. Upon request, Tenant shall cooperate in the preparation or approval of plans and specifications for the improvements. Landlord shall arrange bear all reasonable out-of-pocket costs incurred in connection with the relocation for changes in signs, changes in stationery, reinstallation of telephone equipment, moving Tenant’s of furniture and personal property property, and relocating Tenant’s operations similar matters. Should Tenant refuse to permit Landlord to move Tenant to such new space, Landlord, in such event, shall have the right to, terminate this Lease by giving written notice to that effect to Tenant in which event this Lease shall terminate effective ninety (90) days from the existing Premises to the New Premises and shall pay the reasonable costs thereofdate of original notification by Landlord of Landlord's desire that Tenant be relocated. If Landlord relocates moves Tenant to the New Premisessuch new space, then this Lease and each and all of the agreementsits terms, covenants, covenants and conditions and provisions of this Lease shall remain in full force and effect and be deemed applicable to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the rentable square feet of the New Premisessuch new space, and (iii) such new space shall thereafter be deemed to be the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New "Premises".

Appears in 1 contract

Sources: Lease Agreement (Cdex Inc)

Relocation. At any time after Tenant's execution of this LeaseUpon 120 days advance written notice to Tenant (the "RELOCATION NOTICE"), Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written notice (“Relocation Notice”), right to relocate Premises Tenant to a new location other space in the Building above the 23rd floor of the Building (“New the "SUBSTITUTE PREMISES") provided the rentable area of such other space is not more than 110% or less than 90% of the rentable area of the Premises”), and further provided the ratio of interior space to exterior window space is substantially similar to such ratio for the current premises. The New Premises Landlord shall be described pay all reasonable out-of-pocket expenses of any such relocation, including the expenses of moving and construction of improvements substantially similar to the leasehold improvements in the premises as of the date of this lease and other leasehold improvements installed in the premises after the date of this Lease with the written consent of Landlord and prior to the date of the Relocation Notice. Landlord will endeavor to provide Tenant with New Premises substantially similar in size and location , subject to the existing Premises. condition that Landlord shall improve have the New Premises, at its sole cost and expense, right to use all or any of such improvements in connection with tenant improvements the construction of comparable quality and utility to the tenant improvements in the original Substitute Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from In the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premisesevent of such relocation, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain continue in full force and effect and be applicable to without any change in the New Premisesterms or other conditions, except that (i) a revised floor plan the Substitute Premises shall become part of be the Premises and an EXHIBIT B showing the Substitute Premises shall be substituted for the EXHIBIT B attached hereto. If requested by Landlord, Tenant shall execute an amendment to this Lease and shall reflect evidencing the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the rentable square feet of the New Premises, and (iii) the Monthly Rent shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet of the New Premisesforegoing.

Appears in 1 contract

Sources: Office Lease Agreement (American Physician Partners Inc)

Relocation. At The Landlord may relocate the Premises at any time after Tenant's execution of this Lease, Landlord shall have during the right, in Landlord's sole discretion, upon providing Tenant advance term with ninety (90) days written notice (“Relocation Notice”), to relocate Premises to a new location in Building (“New Premises”)notice. The New Premises shall be described in Landlord reserves the Relocation Notice. Landlord will endeavor right to provide Tenant with New Premises substantially similar in size and location to the existing Premises. Landlord shall improve the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the reasonable costs thereof. If Landlord relocates Tenant to the New Premises, then this Lease and each and all of the agreements, covenants, conditions and provisions of this Lease shall remain in full force and effect and be applicable to the New Premises, except that (i) a revised floor plan shall become part of this Lease and shall reflect change the location of the New Premises, provided that the rentable area of the new premises shall not be more than ten (ii10%) percent larger or smaller than the rentable are of the Premises unless consented to by the Tenant. If the Landlord exercises such right to relocate Tenant: (a) the Landlord shall endeavour to relocate the Tenant to premises of comparable size in the building having regard to available space. The Landlord covenants that such space, once agreed upon, shall be completed with Leasehold Improvements and Tenant finish of at least the same quality as existed in the Tenant's Percentage Share previous Premises; (b) should the rentable are of the premises to which the Tenant is relocated be larger or smaller than the Rentable Area of the Premises, then the Rent shall be proportionately adjusted to reflect any such greater or lesser area by the ratio which such increase or decrease in area bears to the original rentable square feet are of the New Premises, and ; (iiic) the Monthly Rent exercise of such rights shall be equitably without recourse by the Tenant and proportionately adjusted without any liability whatsoever to reflect any increase or decrease the Landlord except as specifically outlined in rentable square feet this section and except that the reasonable costs of such relocation shall be paid by the Landlord; (d) at the request of the New PremisesLandlord, the Tenant shall execute and deliver a Lease of the premises to which the Tenant is relocated for the remainder of the Term, which Lease shall contain the same terms and conditions as this lease subject only to changes necessitated by this Section and an appropriate description of such premises, after which the parties shall release one another from any further obligation under this Lease.

Appears in 1 contract

Sources: Lease Agreement (Polar Wireless Corp.)

Relocation. At any time after Tenant▇▇▇▇▇▇'s execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance thirty (30) days' prior written notice (“Relocation Notice”)to Tenant, to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New reasonably similar space elsewhere in the Project of approximately the same size as the Premises substantially similar in size and location to relocate Tenant to said space. In the existing Premises. event that Landlord shall improve exercise such right subsequent to Tenant's occupancy of the New Premises, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises and shall pay the all reasonable costs thereofof moving Tenant to such new space. If Landlord relocates moves Tenant to the New Premisessuch new space, then this Lease and each and all of the agreements, covenants, terms and covenants and conditions and provisions of this Lease hereof shall remain in full force and effect and thereupon be deemed applicable to the New Premisessuch new space, except that (i) the new space shall be substituted for the current space, a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) Tenant's Percentage Share shall be adjusted to reflect any increase or decrease in the rentable square feet of the New Premises, new space and (iii) the Monthly Base Rent shall be equitably and proportionately adjusted to reflect any increase or decrease change in the rentable square feet footage of the New new space as compared to the original Premises. Should Tenant refuse to permit Landlord to move Tenant to such new space, Landlord shall have the right to terminate this Lease by written notice to Tenant, which termination shall be effective sixty (60)days after the date of Landlord's original notice of relocation. Nothing contained in this Section 22.18 shall require Landlord to offer to Tenant to substitute any similar space that becomes available in the Project for Tenant's existing space or any other similar space that is or becomes available in the Project if Tenant refuses to permit Landlord to relocate Tenant to the relocation space initially proposed by Landlord as a substitute for ▇▇▇▇▇▇'s existing space.

Appears in 1 contract

Sources: Full Service Lease (Q Matrix Inc)

Relocation. At any time and from time to time after Tenant's execution of this Lease, Landlord shall have the right, in Landlord's sole discretion, upon providing Tenant advance written thirty (30) days notice (“Relocation Notice”)in writing, to relocate Premises to a new location in Building (“New Premises”). The New Premises shall be described in the Relocation Notice. Landlord will endeavor to provide Tenant with New reasonably similar space elsewhere in the Building of approximately the same size as the Premises substantially similar in size and location to move Tenant to said space. In the event that Landlord shall exercise such right subsequent to the existing Premises. Landlord shall improve actual occupancy of the New PremisesPremises by Tenant, at its sole cost and expense, with tenant improvements of comparable quality and utility to the tenant improvements in the original Premises. Landlord shall arrange for moving Tenant’s personal property and relocating Tenant’s operations from the existing Premises to the New Premises Tenant and shall pay the reasonable costs thereof. If Landlord relocates of moving Tenant to the New Premisessuch new space and all other reasonable expenses related to such relocation. Following any such relocation, then this Lease Lease, and each and all of the agreementsterms and covenants and conditions hereof, covenants, conditions and provisions of this Lease shall remain in full force and effect and thereupon be deemed applicable to the New Premises, such new space except that (i) a revised floor plan shall become part of this Lease and shall reflect the location of the New Premises, (ii) new space. Tenant's Percentage Share and Base Rent shall be adjusted to reflect any increase or decrease in the rentable square feet size of the New Premisesnew premises, and but such adjustment shall not increase the Base Rent by more than five percent (iii5.0%), regardless of the size of the substituted premises. Should Tenant refuse to move to such new space at the end of said thirty (30) day period, Landlord shall have the Monthly Rent right, in addition to exercising any other remedies provided in this Lease, to terminate this Lease by notice given to Tenant in writing within ten (10) days following the end of said thirty (30) day period, which termination shall be equitably and proportionately adjusted to reflect any increase or decrease in rentable square feet effective sixty (60) days after the date of the New Premisesoriginal notice of relocation by Landlord. Tenant shall continue to pay Rent and perform all of its obligations hereunder until termination of this Lease.

Appears in 1 contract

Sources: Lease (Sedona Corp)