Right of First Offer to Lease Additional Space Sample Clauses

Right of First Offer to Lease Additional Space. Tenant shall have the right, but not the obligation, to expand the Demised Premises (the "Expansion Right") to include the Expansion Space upon the following terms and conditions:
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Right of First Offer to Lease Additional Space. Tenant has a right of first offer to lease additional space in the Building as and when the same becomes available as follows: Tenant has a right of first offer to lease from Landlord (the “Right of First Offer”) any portion of the Building other than the Premises (the “ROFO Space”). Landlord shall notify Tenant before marketing the ROFO Space or entering into negotiations for the lease of the ROFO Space with any third party. Landlord’s notice must include a proposed amendment to this Lease to add the ROFO Space as part of the Premises, with no change to the then-remaining Lease Term, but providing as follows: (x) if delivered within thirty-six (36) months after the Effective Date (the “Prime Period”), containing an increase in Base Rent due to the addition of the ROFO Space, based on the same rental rate per square foot as the original Premises, and providing the same amount of tenant improvement allowance on a per-square-foot basis as given for the original Premises; or (y) if not delivered during the Prime Period, containing an increase in Base Rent due to the addition of the ROFO Space, based on market rental rates and offering other market terms (such as an allowance). Tenant will have thirty (30) days after receipt of such notice to respond in writing as to whether or not Tenant elects to lease the ROFO Space. If Tenant elects to lease the ROFO Space, then within thirty (30) days after agreement on the final form of such amendment, the parties will execute the amendment. Landlord will deliver the ROFO Space in the same condition as required of the original Premises under Work Letter, Addendum [X]. If Tenant elects not to lease, or if Tenant does not exercise its Right of First Offer within the time periods provided in Section 35(b)(i), then Landlord may lease the ROFO Space upon any terms acceptable to Landlord in its sole discretion. Once the ROFO Space becomes available again, Tenant’s Right of First Offer will apply and Landlord will be required to offer the ROFO Space to Tenant pursuant to this Section 35(b) before leasing such space to any third party.] <OR> [IF SINGLE TENANT: [INTENTIONALLY DELETED.]] Public Announcements; Confidentiality.
Right of First Offer to Lease Additional Space. If at any time during the Lease Term (including any Renewal Term) Landlord receives notice that the approximately 73,904 rentable square feet of space within the Building (the “Additional Space”) currently leased by Systems & Computer Technology Corporation (“S&CTC”), is to become vacant and available, Landlord shall extend to Tenant a right of first offer to lease all of the Additional Space or a portion of the Additional Space (the “First Offer Right”) upon the following terms and conditions:
Right of First Offer to Lease Additional Space. (a) Tenant shall have a continuing right of first offer to lease ("Tenant's Right of First Offer") any space on the third (3rd) floor of the Building to the extent such space becomes available for lease to third parties after the expiration of any existing lease for such space during the Lease Term, including the expiration of all renewal or extension options, and after the existing tenant or occupant vacates such space ("First Offer Space"). Tenant's Right of First Offer is subject and subordinate to the rights of all other existing tenants of the Building with prior expansion or lease rights relative to any such First Offer Space.
Right of First Offer to Lease Additional Space. For so long as Tenant leases and personally occupies all of the Premises originally included under this Lease, and subject to any other parties’ pre-existing rights with respect to Available ROFO Premises (as defined below), Tenant shall have a right of first offer (“ROFO”) as to any rentable premises on the 2nd floor of the Original Building for which Landlord is seeking a tenant (“Available ROFO Premises”). To the extent that (i) Landlord renews or extends a then-existing lease with any then-existing tenant or subtenant of any space, (ii) enters into a new lease with such then-existing tenant or subtenant for the space such tenant previously leased, or (iii) is engaged in the initial leasing of any space in the Building, the affected space shall not be deemed to be Available ROFO Premises. In addition, the space leased by Landlord to PPD Development, L.P. in the Building shall not be deemed to be Available ROFO Premises. Tenant’s rights under this Section 38.21 are subject to any existing rights of other tenants in the Building as to the Available ROFO Premises. In the event Landlord intends to market Available ROFO Premises, Landlord shall provide written notice thereof to Tenant (the “Notice of Marketing”), specifying the principal terms and conditions of a proposed lease to Tenant of the Available ROFO Premises. If Landlord has submitted a Notice of Marketing in response to a proposal from a third party for the lease of premises which includes all or a portion of the Available ROFO Premises and other space in the Building, Tenant’s exercise of its ROFO is conditioned on Tenant’s agreement to take all the space which is the subject of such proposal which space shall thereafter be included in the definition of Available ROFO Premises.
Right of First Offer to Lease Additional Space. 31.1 (a) Provided that there are no Default Conditions (as defined in SECTION 2.2, above) as of the date the offer is made, the date the offer is accepted, and as of the date of commencement of the term of the lease with respect to such space, Tenant shall have the following rights of first offer to lease additional space in the Project (such rights to be exercised as more fully set forth in subsection 31.1(b) below):
Right of First Offer to Lease Additional Space. 45.1 During the initial term of this Lease or any renewal period, Landlord shall, before offering any space in the Building for rent to third parties or other tenants in the Building, first offer the same to Tenant for lease upon the same terms and conditions as are set forth in the Lease with respect to the Leased Premises. Tenant shall have the right within ten (10) days of the date of such notice to accept or reject said offer which acceptance or rejection shall be in writing. If Tenant timely exercises the offer, then Tenant shall have the right to lease the additional space in compliance with the terms and conditions of this Lease. Tenant’s improvement allowance for any additional space shall be $20.00 per usable square foot. If Tenant rejects the offer or does not accept the offer within said ten (10) day period, Landlord may offer the subject space for rent to third parties.
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Right of First Offer to Lease Additional Space. If at any time during the initial Lease Term (but specifically excluding any Renewal Term) Landlord receives notice that any space in the Building (the “Additional Space”) is to become vacant and available after it is initially leased to a third party tenant, Landlord shall extend to Tenant a right of first offer to lease the Additional Space (the “First Offer Right”) upon the following terms and conditions:
Right of First Offer to Lease Additional Space. If and when any of the additional rentable spaces in the Building which are shown as "Additional Space" on Exhibit "A" (individually, the "Additional Space") first becomes available for rental during the term of this lease and provided that Landlord has not given Tenant notice of default more than two (2) times during the immediately preceding twelve (12) months, that there then exists no event of default by Tenant under this lease nor any event that with the giving of notice and/or the passage of time would constitute a default, and that Tenant is the sole occupant of the Premises, Tenant shall have the right of first offer to lease all of the Additional Space, subject to the following:
Right of First Offer to Lease Additional Space. Landlord hereby grants to the Original Tenant a continuing time right of first offer to lease the remainder of the space located in the Building (the "FIRST OFFER SPACE"), subject to the terms and upon the conditions contained in this Section 41.
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