RIGHT TO LEASE ADDITIONAL SPACE. So long as (i) there then exists no Default of Tenant, (ii) the Tenant named in Section 1.1 of this Lease (or any successor by merger) and/or any Affiliate shall occupy the entire Premises, and (iii) this Lease is still in full force and effect, then if any space in the building located at 0000 Xxxxxxx Xxxxx, Xxx Xxxxx, XX shall become available for lease by Landlord, Landlord shall so notify Tenant, and shall identify the space available (the "Offered Space") and the date on which such Offered Space is expected to be available, and Tenant may, by giving notice to Landlord within ten (10) days after receipt of such notice, irrevocably elect to lease the Offered Space on the terms of this Section 2.5. If Tenant shall have so elected to lease the Offered Space, it shall enter into an amendment to this Lease within ten (10) days after it shall have received the same from Landlord, confirming the lease of such Offered Space to Tenant pursuant to the terms hereof, such amendment to be in a commercially reasonable form prepared by Landlord. If Tenant shall not elect to lease the Offered Space within the aforesaid 10-day period, then Landlord shall thereafter be free to lease any or all of such Offered Space to a third party or parties from time to time on such terms and conditions as it may deem appropriate. Tenant shall lease the Offered Space subject to all of the terms, covenants and agreements of this Lease in effect from and after the date on which the Offered Space becomes a part of the Premises, except that (i) the Annual Fixed Rent for the Offered Space shall be the Market Rate for the Offered Space, (ii) Tenant's Percentage shall be adjusted to reflect the expansion of the Premises to include the Offered Space, and (iii) if the Offered Space shall become available for lease as of a date on which there are less than three (3) years remaining in the term of this Lease (excluding any unexercised option to extend), then the term with respect to the Offered Space shall be the term for which Landlord intends to offer such space to third parties (which need not be co-terminus with that applicable to the Premises then demised to Tenant under the Lease). Landlord shall designate the Market Rate and, if applicable, the term for the Offered Space, in Landlord's notice to Tenant of the availability of the Offered Space. If Tenant shall elect to lease the Offered Space but shall disagree with Landlord's designation of the Market Rate, then Tenant shall so notify Lan...
RIGHT TO LEASE ADDITIONAL SPACE. (a) Subject to the terms of this Paragraph 41 and Paragraph 42, entitled "Options," Tenant shall have a continuing right to lease (the "Right to Lease") any space on the sixth (6th) floor of the Building in incremental sizes acceptable to Landlord, to the extent such space becomes available for lease to third parties after the expiration of any existing lease for such space during the initial Term, including the expiration of all renewal or extension options under such leases, and after the existing tenants or occupants vacate such space (the "First Offer Space"). Tenant's Right to Lease is subject and subordinate to the rights of all other tenants of the Building with rights relative to any such First Offer Space granted prior to the date of this Lease. Thus, Landlord's Economic Terms (as defined below) will be delivered to Tenant only after Landlord has appropriately notified and received negative responses from all other tenants with rights in the First Offer Space superior to Tenant's rights. Additionally, Landlord reserves the right to renew the leases (either on a month-to-month or fixed-term basis) of tenants in the First Offer Space or allow such tenants to hold over with respect to any or all of the First Offer Space, without giving rise to any of Tenant's rights pursuant to this Right to Lease, as Landlord deems appropriate in its sole and absolute discretion.
RIGHT TO LEASE ADDITIONAL SPACE. Tenant' Right to Lease set forth in Paragraph 51 of the Addendum to the Lease is hereby deleted and replaced by the following provision:
RIGHT TO LEASE ADDITIONAL SPACE. In the event that additional space in the Building becomes available for lease and GRC International, another tenant of the Building, does not elect to lease such space (the "Additional Space"), the Lessor shall offer to the Lessee the right to lease such additional space on the same terms as this Lease, including the rental then payable and the remaining term then existing under this Lease, subject to the following terms and conditions:
RIGHT TO LEASE ADDITIONAL SPACE. Tenant shall have the rights to lease ------------------------------- additional space in the Building as are set forth in the Lease.
RIGHT TO LEASE ADDITIONAL SPACE. A. 1. Provided Tenant is not then in default under this lease and is in occupancy of substantially the entire demised premises, then Tenant shall have the option (the "Option"), exercisable solely by giving Landlord written notice of such election (the "Option Exercise Notice") no later than March 5, to lease any one of (i) the balance of the rentable space on the
RIGHT TO LEASE ADDITIONAL SPACE. Should Landlord elect to lease either the Refusal Space to any third party other than Xxxxxx-Xxxxx Corporation or to Stelux Holdings, Ltd., Tenant shall have a right of first refusal to lease the mezzanine space depicted on attached EXHIBIT F on the terms and conditions set forth below.
RIGHT TO LEASE ADDITIONAL SPACE. (a) Subject to the terms of this Paragraph 5, Lessee shall have an on-going right to lease (“Lessee’s Right to Lease”) additional space in the Project to the extent such space becomes available for lease to third parties during the First Extended Term and following the expiration of any lease for such space, including the expiration of all renewal or extension options (“First Offer Space”). Lessee’s Right to Lease is subject and subordinate to the current rights of all other existing tenants of the Building or Project with prior expansion or lease rights relative to any First Offer Space and Lessee’s Right to Lease is superior to future rights granted to future tenants of the Building or Project relative to any First Offer Space.
RIGHT TO LEASE ADDITIONAL SPACE. (a) Subject to the terms of this Section 12.7, throughout the Term of the Sublease, Sublessee shall have a continuing right to lease ("Sublessee's Right to Lease") any space in the building in the Project commonly known as 0000 Xxxx Xxxxxx (the "2801 Building") to the extent any such space becomes available for lease to third parties (all such space being referred to herein as "First Offer Space"). Sublessee's Right to Lease is subject and subordinate to the rights of all other existing tenants of the 2801 Building with prior expansion or lease rights relative to any such First Offer Space.
RIGHT TO LEASE ADDITIONAL SPACE. Lessees shall have the right of first refusal to lease additional space on the premises as it becomes available. Lessor shall notify Lessees in writing as space becomes available including terms and conditions for its lease. Lessees shall have thirty (30) days to accept or reject said space, after which, Lessees forefits all rights under this Article and Lessor may lease to others.
