Relocation Premises definition
Examples of Relocation Premises in a sentence
Rent will still be due during the period you have been offered and/or occupy any provided Relocation Premises.
The location and selection of the Relocation Premises is at our option and sole discretion.
In no event shall Tenant be entitled to, and Tenant hereby waives, any claim for abatement of Rent, loss of profits or any other amount due to Landlord's relocation of Tenant to the Relocation Premises.
In the event that Landlord relocates Tenant pursuant to this Section 24, Tenant's occupancy of the Relocation Premises shall be upon all of the same terms and conditions (including rent) that applied to the Premises.
If requested by landlord, Tenant shall promptly execute an amendment to the Lease confirming the relocation of Tenant to the Relocation Premises and showing the floor plan therefor.
In the event that Landlord exercises its right to move Tenant to a Relocation Premises, Landlord shall, at Landlord's sole cost and expense, (a) construct tenant improvements in the Relocation Premises which are substantially similar to the configuration of the tenant improvements in the Premises, taking any differences in configuration between the Premises and Relocation Premises into account; and (b) move Tenant's inventory, furniture and personal property to the Relocation Premises.
Landlord may relocate Tenant to any other space in the Complex at any time during the term of this Lease provided that: (i) Landlord provides Tenant with prior written notice thereof ("Relocation Notice") at least thirty (30) days in advance; and (ii) the square footage of space to which Tenant is relocated ("Relocation Premises") equals or exceeds the square footage of the Premises.
In the event that Landlord delivers a Relocation Notice to Tenant, Tenant shall deliver to Landlord within two (2) business days of receipt thereof written notice ("Confirmation Notice") to Landlord confirming Tenant's receipt of the Relocation Notice and acknowledging the relocation of the Premises to the Relocation Premises.
All prior agreements between the Savings Bank and the Executive with respect to the matters agreed to herein, including without limitation the Agreement between the Savings Bank and the Executive dated May 26, 1999, are hereby superseded and shall have no force or effect.
Tenant, following the delivery of the Relocation Premises by Landlord and the full and final execution and delivery of this Third Amendment, shall have the right to perform alterations and improvements in the Relocation Premises (“Tenant’s Work”).