Tenant’s Partial Termination Option Sample Clauses

Tenant’s Partial Termination Option. Provided that (i) Tenant is not in default under the Lease as herein amended, and (ii) Tenant has exercised its First Right of Refusal pursuant to the provisions of Paragraph 6(a) of the First Amendment to add not less than 4,120 square feet of rentable area (such area being herein referred to as the "Twenty-first Floor Premises") located upon the twenty-first (21st) floor of the Building to the Premises on or before July 31, 2000 ("Partial Termination Date"), Tenant shall have the option ("Partial Termination Option") to partially terminate this Lease as of the later of October 31, 2000 or the date the Twenty-first Floor Premises are ready for Tenant's occupancy (such date is herein referred to as the "First Added Premises Early Termination Date") with respect to the entire First Added Premises, provided that the Tenant delivers written notice of its intent to exercise said option ("Partial Termination Notice") to the Landlord on or before the Partial Termination Date. In the event Tenant has not delivered the Partial Termination Notice to Landlord on or before the Partial Termination Date, Tenant's Partial Termination Option shall be deemed to have expired. If the Tenant exercises the Partial Termination Option as provided in this paragraph, then, (a) the First Added Premises shall no longer constitute a part of the Premises as of 11:59 p.m. (Denver time), on the First Added Premises Early Termination Date in compliance with the provisions of Paragraph 6 of the Original Lease.