Common use of Substitute Premises Clause in Contracts

Substitute Premises. On or prior to the date upon which the work, if any, commences in the Premises, as provided for in Section 2.02 hereof, Landlord may, by notice to Tenant, change the location of the Premises from that set forth herein to another space within the Building of approximately the same size as the Premises. Landlord shall also have the right at any time during the Term, upon giving Tenant not less than sixty (60) days prior written notice, to provide and furnish Tenant with space elsewhere in the Building of approximately the same size as the Premises and remove and place Tenant in such space, with Landlord paying all reasonable costs and expenses incurred as a result of such move by ▇▇▇▇▇▇. Should Tenant refuse to permit Landlord to move Tenant to such new space at the end of said sixty (60) day period, Landlord shall have the right to cancel and terminate this Lease effective sixty (60) days after the date of original notification by Landlord by delivering written notice of cancellation to Tenant. If Landlord moves Tenant to such new space, this Lease and all of its terms, covenants and conditions shall remain in full force and effect and shall be deemed applicable to such new space and such new space shall thereafter be deemed to be the Premises as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto with an appropriate adjustment for any changes in square feet of rentable area in the new space.

Appears in 1 contract

Sources: Lease Agreement

Substitute Premises. On or prior to the date upon which the work, if any, commences in the Premises, as provided for in Section 2.02 hereof, Landlord may, by notice to Tenant, change the location of the Premises from that set forth herein to another space within the Building of approximately the same size as the Premises. Landlord shall also have the right at any time during the Termterm hereof, upon giving Tenant not less than sixty (60) days prior written notice, to provide move and furnish Tenant with space elsewhere in the Building of approximately the same size as the Premises Premises, and remove and place Tenant in such space, with all upon the effective date stated in the notice from Landlord paying all reasonable costs to Tenant, and expenses incurred as a result upon such effective date, such substitute space shall be deemed to constitute the leased Premises instead of such move by and in lieu of the Premises originally demised. Landlord shall, at ▇▇▇▇▇▇. Should ▇▇’s expense, physically move the furniture, equipment and files of Tenant refuse then located in the original Premises to permit Landlord the substitute space, and shall pay the costs of moving the then existing telephone equipment to move Tenant to such the new space at the end of said sixty (60) day period, Landlord shall have the right to cancel and terminate this Lease effective sixty (60) days after the date of original notification by Landlord by delivering written notice of cancellation to Tenantlocation. If Landlord moves Tenant to such new space, this Lease and all of its the terms, covenants and conditions of this Lease shall remain in full force and effect and shall be deemed applicable to such new space space, and such new space shall thereafter be deemed to be the Premises as though Landlord and Tenant ▇▇▇▇▇▇ had entered into an express written amendment Amendment of this Lease with respect thereto with an appropriate adjustment thereto. Notwithstanding anything herein to the contrary, Landlord shall not be liable for any changes loss of business or loss of revenue in square feet of rentable area in connection with any move to such Substitute Space. Tenant may, if it does not accept the new spaceSubstitute Premises, terminate this Lease Agreement.

Appears in 1 contract

Sources: Lease Agreement

Substitute Premises. On or prior to the date upon which the work, if any, commences in the Premises, as provided for in Section 2.02 hereof, Landlord may, by notice to Tenant, change the location of the Premises from that set forth herein to another space within the Building of approximately the same size as the Premises. Landlord shall also have the right at any time during the TermTenn, upon giving Tenant not less than sixty (60) days prior written notice, to provide and furnish Tenant with space elsewhere in the Building Project (provided that in the event that the Project is a part of a multi-building development, such space may be located anywhere in such development) of approximately the same size as the Premises and remove and place Tenant in such space, with Landlord paying to pay all reasonable verified and previously approved costs and expenses incurred as a result of such move by ▇▇▇▇▇▇. Should Tenant refuse to permit Landlord to move Tenant movement to such new space space, including without limitation, (i) the construction of any improvements in the substitute premises of at least equal quality as the end Premises, (ii) installation of said sixty functionally equivalent cabling and wiring in the substitute premises; and (60iii) day period, Landlord shall have reprinting of reasonable quantities of Tenant’s stationery with the right to cancel and terminate this Lease effective sixty (60) days after the date of original notification by Landlord by delivering written notice of cancellation to Tenantnew address. If Landlord moves Tenant to such new space, this Lease and each and all of its terms, covenants and conditions shall remain in full force and effect and shall be deemed applicable to such new space and such new space shall thereafter be deemed to be the Premises “Premises” as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto thereto. Tenant shall surrender and vacate the then current Premises for which Landlord has exercised this right when required hereunder and in accordance with an appropriate adjustment for Section 29, and any changes in square feet failure to do so shall be subject to Section 5, time being of rentable area in the new spaceessence. Notwithstanding the foregoing, Landlord shall not require Tenant to relocate pursuant to this Section 30R at any time prior to May 31, 2011.

Appears in 1 contract

Sources: Office Lease (ASC Acquisition LLC)

Substitute Premises. On or Lessor shall have the right at any time during the term hereof, upon giving Lessee not less than thirty (30) days prior written notice, to the date upon which the work, if any, commences move and furnish Lessee with space elsewhere in the PremisesOffice Complex on a first floor off a lobby entrance, as provided for in Section 2.02 hereof, Landlord may, by notice to Tenant, change the location of the Premises from that set forth herein to another space within the Building of approximately the same size as the Premises. Landlord shall also have the right at any time during the Term, upon giving Tenant not less than sixty (60) days prior written notice, to provide and furnish Tenant with space elsewhere in the Building of approximately the same size as the Premises and remove and place Tenant Lessee in such space, with Landlord paying all reasonable upon the effective date stated in the notice from Lessor to Lessee, and upon such effective date, such substitute space shall be deemed to constitute the leased premises instead of and in lieu of the premises originally demised. Lessor shall, at Lessor's expense, physically move the furniture, equipment and files of Lessee then located in the original premises to the substitute space, and Lessor shall pay the costs and expenses incurred as a result of such move by ▇▇▇▇▇▇. Should Tenant refuse moving the then existing telephone equipment to permit Landlord to move Tenant to such the new space at the end of said sixty (60) day period, Landlord shall have the right to cancel and terminate this Lease effective sixty (60) days after the date of original notification by Landlord by delivering written notice of cancellation to Tenantlocation. If Landlord Lessor moves Tenant Lessee to such new space, this Lease and all of its the terms, covenants and conditions of this Lease shall remain in full force and effect and shall be deemed applicable to such new space space, and such new space shall thereafter be deemed to be the Premises as though Landlord Lessor and Tenant Lessee had entered into an express written amendment of this Lease with respect thereto with an appropriate adjustment thereto. Anything herein to the contrary notwithstanding, Lessor shall not be liable for any changes loss of business or loss of profits in square feet of rentable area in the new connection with any move to such substitute space.

Appears in 1 contract

Sources: Office Lease (Business Resource Group)

Substitute Premises. Effective as of the Substantial Completion of the Ninth Amendment Landlord’s Work (as both terms are hereinafter defined) (the “Relocation Date”), the Substitute Premises shall be leased to Tenant in substitution for the Relocation Premises. The Substitute Premises shall be subject to any and all the terms and conditions of the Lease. On or prior before the Relocation Date, Tenant shall surrender and yield up the Relocation Premises pursuant to all terms and conditions of the Lease and this Amendment, as applicable, and the Lease shall terminate in part with respect only to the date upon which Relocation Premises, and any and all monetary obligations under the workLease with respect to the Relocation Premises shall be paid by Tenant to Landlord through the Relocation Date in accordance with any and all terms and conditions of the Lease, if anysubject to the terms and conditions contained herein. From and after the Relocation Date, commences provided that Tenant has vacated the Relocation Premises in accordance with the terms contained herein and all terms and conditions of the Lease, as applicable, then (i) the rentable square footage of the Premises shall be amended to mean approximately 253,090 rentable square feet (the “Resulting Premises”) for all purposes under the Lease, including, without limitation, the calculation of Operating Expenses Allocable to the Premises and Landlord’s Tax Expenses Allocable to the Premises, as provided for in Section 2.02 hereof, Landlord may, by notice to Tenant, change and (ii) the location definition of the Premises from that set forth herein to another space within the Building of approximately the same size as the Premises. Landlord shall also have the right at any time during the Term, upon giving Tenant not less than sixty (60) days prior written notice, to provide and furnish Tenant with space elsewhere specified in the Building of approximately the same size as the Premises and remove and place Tenant in such space, with Landlord paying all reasonable costs and expenses incurred as a result of such move by ▇▇▇▇▇▇. Should Tenant refuse to permit Landlord to move Tenant to such new space at the end of said sixty (60) day period, Landlord shall have the right to cancel and terminate this Lease effective sixty (60) days after the date of original notification by Landlord by delivering written notice of cancellation to Tenant. If Landlord moves Tenant to such new space, this Lease and all of its terms, covenants and conditions shall remain references in full force and effect and the Lease to “Premises” shall be deemed applicable to such new space and such new space shall thereafter be deemed to be mean the Premises as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto with an appropriate adjustment for any changes in square feet of rentable area in the new space“Resulting Premises”.

Appears in 1 contract

Sources: Lease (Irobot Corp)