Common use of SECOND REDUCTION OPTION Clause in Contracts

SECOND REDUCTION OPTION. By up to amount of Rentable Area equal to one hundred fifty thousand (150,000) square feet of Rentable Area by notice given to Landlord at any time during the Term on or after the tenth (10th) anniversary of the Commencement Date for such portion of the Premises (the "Second Reduction Option");

SECOND REDUCTION OPTION. By up to amount of Rentable Area equal to one hundred fifty thousand (150,000) square feet of Rentable Area by notice given to Landlord at any time during the Term on or after the tenth (10th) anniversary of the Commencement Date for such portion of the Premises (the "“Second Reduction Option"”);

SECOND REDUCTION OPTION. By up to an amount of Rentable Area equal to the sum of (a) one hundred fifty thousand (150,000100,000) square feet of Rentable Area Area, plus (b) any amount (not to exceed fifty thousand (50,000) square feet of Rentable Area) of the Reduction Space available under the First Reduction Option which was not exercised by Tenant, by notice given to Landlord at any time during the Term on or after the tenth (10th) anniversary of the Commencement Date for such portion of the Premises (the "“Second Reduction Option"”);