Common use of ROFO Amendment Clause in Contracts

ROFO Amendment. If Tenant exercises its Right of First Offer, Landlord shall prepare an amendment (the “ROFO Amendment”) adding the ROFO Space to the Retained Premises on the terms set forth in the ROFO Notice and reflecting the changes in the Base Rent, rentable square footage of the Premises, Tenant’s Pro Rata Share and other appropriate terms. A copy of the ROFO Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, and Tenant shall execute and return the ROFO Amendment to Landlord within fifteen (15) days thereafter, but an otherwise valid exercise of the Right of First Offer shall be fully effective whether or not the ROFO Amendment is executed.

Appears in 2 contracts

Samples: Office Lease Agreement (Adamas Pharmaceuticals Inc), Office Lease Agreement (Adamas Pharmaceuticals Inc)

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ROFO Amendment. If Tenant exercises its Right of First Offer, Landlord shall prepare an amendment (the “ROFO Amendment”) adding the ROFO Space to the Retained Premises on the terms set forth in the ROFO Notice and reflecting the changes in the Base Rent, rentable square footage of the Premises, Tenant’s Pro Rata Share Share, and other appropriate terms. A copy of the ROFO Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, and Tenant shall execute and return the ROFO Amendment to Landlord consistent with terms herein within fifteen thirty (1530) days thereafter, but an otherwise valid exercise of the Right of First Offer shall be fully effective whether or not the ROFO Amendment is executed.

Appears in 1 contract

Samples: Office Lease (KBS Real Estate Investment Trust II, Inc.)

ROFO Amendment. If Tenant exercises its Right of First Offer, Landlord shall prepare an amendment (the “ROFO Amendment”) adding the ROFO Space to the Retained Premises on the terms set forth in the ROFO Notice and reflecting the changes in the Base Rent, rentable square footage Rentable Square Footage of the Premises, Tenant’s Pro Rata Proportionate Share and other appropriate terms. A copy of the ROFO Amendment shall be sent to Tenant within a reasonable time promptly after Landlord’s receipt of the Notice of Exercise executed by Tenant, and Tenant shall execute and return the ROFO Amendment to Landlord within fifteen (15) days thereafter, but an otherwise valid exercise of the Right of First Offer shall be fully effective whether or not the thereafter provided such ROFO Amendment is executedreflects the terms set forth in this Rider.

Appears in 1 contract

Samples: Office Lease (Tandem Diabetes Care Inc)

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ROFO Amendment. If Tenant exercises its Right of First Offer, Landlord shall prepare an amendment (the "ROFO Amendment") adding the ROFO Space to the Retained Premises Suite 2600 and 2700 Expansion Space on the terms set forth in the ROFO Notice and reflecting the changes in the Base Rent, rentable square footage of the PremisesSuite 2600 and 2700 Expansion Space, Tenant’s Pro Rata 's Share and other appropriate termsterms that the parties mutually agree are appropriate. A copy of the ROFO Amendment shall be sent to Tenant within a reasonable time after Landlord’s 's receipt of the Notice of Exercise executed by Tenant, and Tenant shall execute and return the ROFO Amendment to Landlord within fifteen (15) days thereafter, but an otherwise valid exercise of the Right of First Offer shall be fully effective whether or not the ROFO Amendment is executed.

Appears in 1 contract

Samples: Office/Retail Lease (KBS Real Estate Investment Trust II, Inc.)

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