Definition of Tenant Expansion Notice


Tenant Expansion Notice means a written notice from Tenant to Landlord, delivered no later than December 31, 2004, of Tenant's intent to lease Expansion Space and identifying the rentable square footage of such Expansion Space required by Tenant. Nothing contained in this Lease, however, shall require Landlord to provide less than 5,000 rentable square feet nor more than 20,000 rentable square feet of Expansion Space. B
Sample 1

Examples of Tenant Expansion Notice in a sentence

Notwithstanding the foregoing, Landlord shall not enter into a lease or letter of intent for any space identified in a Tenant Expansion Notice as Pre-Committed Space for a period of thirty (30) days following Landlord's receipt of the Tenant Expansion Notice identifying such Pre-Committed Space.
Notwithstanding the foregoing, Landlord shall not enter into a lease or letter of intent for any space identified in a Tenant Expansion Notice as Pre-Committed Space for a period of thirty (30) days following Landlords receipt of the Tenant Expansion Notice identifying such Pre-Committed Space.
Nevertheless, if Tenant, in any Tenant Expansion Notice, shall so request, then Landlord, in its Landlord Expansion Notice, shall (i) identify any Leasable Areas that would then constitute Available Leasable Areas, but for the existence of outstanding Third Party Leasing Rights with respect thereto, and (ii) briefly describe such Third Party Leasing Rights.
Tenant may deliver to Landlord a Tenant Expansion Notice which includes an objection to the Market Terms contained in Landlords Offer and the parties shall thereafter negotiate in good faith for ten (10) business days to reach an agreement on Market Terms.
If Tenant desires to lease the Additional space from Landlord, Tenant shall provide written notice to Landlord of its election to lease the Additional Space within thirty (30) days of Landlords Offer (each a Tenant Expansion Notice).