Vacant Premises Sample Clauses

Vacant Premises. Upon the expiration or early termination of a Sublease, Lessee may leave such location vacant on an interim basis, but in any event, a new Sublease for the location must be signed and work begun on any required renovations within ninety (90) days of the termination of the previous Sublease, and the location must re-open for business within one hundred eighty (180) days of the termination of the previous Sublease. Any barricades installed must conform to Administration’s design criteria and/or Lessee’s design standards. Any variations or exceptions to this Section must be requested and approved in writing by the Administration. The Lessee’s failure to sublease any vacant spaces will not result in a reduction of the MMG owed to the Administration. Lessee’s failure to meet the specified deadlines shall result in the assessment of fines, as specified in Article XXXVIII. Additionally, if the location has not reopened for business within one hundred eighty (180) days, and no exception has been granted by the Administration, then the Administration will reclaim the space, removing it from the Leased Premises, and such action will not result in a reduction to the MMG. Reduction of the MMG will only result pursuant to Article XIII.B herein. Space so vacated may be offered to others to develop, lease, operate, or manage, at the Administration’s discretion and prior written approval. Lessee’s right of first refusal, pursuant to Article VII.A herein, does not extend to vacant subleased space that Lessee failed to relet on a timely basis.