Relocation Option definition

Relocation Option is defined in Section 2.6.
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Relocation Option is defined in Section 5.3(g).
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Examples of Relocation Option in a sentence

  • Developer shall work with Lead Organizations to encourage the San Francisco Housing Authority and the Mayor’s Office of Housing to negotiate and enter into a memorandum of understanding with Lead Organizations which will include the City’s commitment to work with Lead Organizations to identify and, to the extent feasible, provide additional financial and policy support to this Project for the Relocation Option.

  • Landlord shall have the right to exercise the Relocation Option only by giving notice thereof (the “Relocation Notice”) to Tenant not later than ninety (90) days before the date that the relocation becomes effective (the “Relocation Date”).

  • The Annual Grant Option and Relocation Option will vest over four years subject to your continued employment with the Company, except as otherwise provided herein.

  • Any changes in Tenant’s Plans which are not required by reason of Landlord’s exercise of the Relocation Option shall be deemed to be a Revision (as defined in Exhibit C annexed hereto).

  • If Tenant vacates the 3rd and 4th floor pursuant to the Relocation Option, as described in the Addendum to Lease, which is attached hereto, then Landlord shall have the right to remove Tenant's signage.

  • Lessor shall have the option to relocate the Lessee (the "Relocation Option") to alternate space within the Building (the "Alternate Space"), which Alternate Space shall be (i) exterior facing (i.e. not facing the atrium within the Building), and (ii) of comparable size to or larger than the Leased Premises, in accordance with this Section 34.

  • If Landlord exercise its Relocation Option, Landlord and Tenant will meet as soon as reasonably convenient after Landlord gives the Relocation Notice to Tenant and shall, within 30 days from the date of the Relocation Notice mutually agree upon the specific premises to which Tenant will be relocated and the amount of Relocation Expense.

  • Landlord may, in its sole discretion, exercise the Relocation Option at any time during the Term of the Lease for any reason or no reason upon written notice to Tenant (the “Relocation Notice”).

  • Tenant shall vacate the Old Premises and surrender vacant and exclusive possession of the Old Premises to Landlord on or before the Relocation Date, provided that Landlord has theretofore delivered vacant and exclusive possession of the New Premises to Tenant in accordance with the terms of this Section 18.1. Tenant shall not be required to remove any Landlord’s Work, Alterations or Specialty Alterations from the Old Premises by virtue of Landlord’s exercise of the Relocation Option.

  • Lennar will commit to working with AD10 to encourage the San Francisco Housing Authority and the Mayor’s Office of Housing to negotiate and enter into a Memorandum of Understanding with AD10 which will include the City’s commitment to work with AD10 to identify and, to the extent feasible, provide additional financial and policy support to this Project for the Relocation Option.

Related to Relocation Option

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Renewal Option has the meaning set forth in §12.1.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Second Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Compensation Options has the meaning ascribed thereto in the opening paragraphs of this Agreement;