Common use of Substitution of Premises Clause in Contracts

Substitution of Premises. At any time after date of execution of this Lease, Landlord may substitute for the Leased Premises, other premises in the Development (the “new premises”), in which event the new premises shall be deemed to be the Leased Premises for all purposes under this Lease, provided: (i) the new premises shall be located in the Building or a comparable building and shall be similar to the Leased Premises in square footage and appropriateness for the use of Tenant's purposes; (ii) if Tenant is then occupying the Leased Premises, Landlord shall pay the expense of moving Tenant, its property and equipment to the new premises and such moving shall be done at such time and in such manner so as to cause the least inconvenience to Tenant; (iii) Landlord shall give to Tenant not less than thirty (30) days' prior written notice of such substitution; (iv) Landlord shall, at its sole cost, improve the new premises with improvements substantially similar to those located in the Leased Premises, and (v) Landlord shall reimburse Tenant for all costs ancillary to such move including but not limited to stationery, business card, changes in websites and other public materials referencing Tenant's address, filing fees for notice to regulatory bodies of the change of address, transition and service fees incurred to ensure a smooth transition of computer hardware and software applications.

Appears in 2 contracts

Samples: Lease Agreement (Atlas Financial Holdings, Inc.), Lease Agreement (Atlas Financial Holdings, Inc.)

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Substitution of Premises. At any time after date of execution of this Lease, Landlord may substitute for the Leased Premises, other premises in the Development (the "new premises"), in which event the new premises shall be deemed to be the Leased Premises for all purposes under this Lease, provided: (i) the new premises shall be located in the Building or a comparable building and shall be substantially similar to the Leased Premises in square footage and appropriateness for the use of Tenant's purposes; (ii) if Tenant is then occupying the Leased Premises, Landlord shall pay the expense of all reasonable expenses directly related to moving Tenant, its property and equipment to the new premises and such moving shall be done at such time and in such manner so as to cause the least inconvenience to Tenant; (iii) Landlord shall give to Tenant not less than thirty ninety (3090) days' prior written notice of such substitution; (iv) Landlord shall, at its sole cost, improve the new premises with improvements substantially similar to those located in the Leased Premises, and (v) Landlord shall reimburse Tenant for all costs ancillary to such move including but not limited to stationery, business card, changes in websites and other public materials referencing Tenant's address, filing fees for notice to regulatory bodies of the change of address, transition and service fees incurred to ensure a smooth transition of computer hardware and software applications.

Appears in 2 contracts

Samples: Lease Agreement (Atlas Financial Holdings, Inc.), Lease Agreement (Atlas Financial Holdings, Inc.)

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Substitution of Premises. At any time after date of execution of this Lease, Landlord may substitute for the Leased Premises, other premises in the Development (the “new premises”), in which event the new premises shall be deemed to be the Leased Premises for all purposes under this Lease, provided: (i1) the new premises shall be located in the Building or a comparable building Riverwalk Complex and shall be substantially similar to the Leased Premises in square footage footage, windowline and appropriateness for the use of Tenant's ’s purposes; (ii2) if Tenant is then occupying the Leased Premises, Landlord shall pay the expense of moving Tenant, its property and equipment (including cable and wiring) to the new premises and such moving shall be done at such time and in such manner so as to cause the least inconvenience to Tenant; (iii3) Landlord shall give to Tenant not less than thirty (30) days' prior written notice of such substitution; and (iv4) Landlord shall, at its sole cost, improve the new premises with improvements substantially similar to those located in the Leased Premises, and (v) . Landlord shall reimburse replace Tenant’s current inventory of paper goods bearing it’s old address. If Landlord chooses to substitute Tenant’s premises and such substitution takes place within the last six (6) months of the original lease term, then either Tenant for all costs ancillary or Landlord shall have the option to such move including but not limited to stationery, business card, changes in websites and other public materials referencing Tenant's address, filing fees for terminate this Lease with thirty (30) days prior written notice to regulatory bodies of the change of address, transition and service fees incurred to ensure a smooth transition of computer hardware and software applicationsother Party.

Appears in 1 contract

Samples: Lease Agreement (RestorGenex Corp)

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