Potential Addition definition
Examples of Potential Addition in a sentence
In such event, LESSOR shall diligently pursue the completion of the Potential Addition and shall use reasonable efforts to complete the Potential Addition without undue delay and in a manner which does not materially and unreasonably affect LESSEE's use, enjoyment and occupation of the leased premises.
In the event that the LESSOR makes the Potential Addition, LESSEE's proportionate share of Operating Costs and Taxes shall be equitably adjusted to reflect the new square footage of the building.
LESSOR, at LESSOR's option, may construct up to an additional 10,000 square feet onto the existing building as shown on Exhibit "B" attached hereto ("Potential Addition") that may temporarily or permanently affect LESSEE's access to and from its tenant entry door and may involve relocating LESSEE's tenant entry door.
Upon Potlatch's timely delivery of a Timber Addition Notice, the Potential Addition, or the portion thereof designated in the Timber Addition Notice, shall be added to the Timberlands if and when Partnership acquires the Potential Addition.
Until the Timber Addition Deadline or Potlatch's earlier notice declining to have the Potential Addition added to the Timberlands, Partnership shall not grant (or permit the reservation of) any rights respecting the Potential Addition which would be inconsistent with Potlatch's rights which would arise upon delivery of the Timber Addition Notice.
If Potlatch does not timely deliver a Timber Addition Notice, then Potlatch shall have no right to have the Potential Addition added to the Timberlands.
Potlatch shall use reasonable efforts to determine promptly whether Potlatch is interested in pursuing its rights under this Section 9.3 as to any Potential Addition, and shall promptly inform Partnership, by written notice, of any determination that Potlatch is not so interested.
Unless Potlatch shall have delivered a notice in accordance with the preceding sentence, Potlatch may, at any time within thirty (30) days after delivery of the Potential Addition Notice, request additional information regarding the Potential Addition or access to inspect the Potential Addition.