Vacated Space definition
Examples of Vacated Space in a sentence
Tenant agrees to use only the Expansion Premises, being 1,997 RSF of the undemised Vacated Space.
However, in the event Landlord fails to enter into a lease with the subject prospective tenant, then Tenant shall have an ongoing right of first refusal (on the terms set forth above) with respect to any subsequent prospective tenant for the remaining 1,997 RSF of Vacated Space.
Landlord and Tenant hereby acknowledge and agree that effective as of the Extension Commencement Date, Tenant renounces all right of possession in and to the Vacated Space.
Landlord may offer the remaining 1,997 RSF of Vacated Space for lease.
Any occupancy of the Vacated Space as of the Extension Commencement Date by Landlord or any party claiming by, through or under Landlord shall not be deemed an eviction (constructive or otherwise).
If Lessee fails to provide notice to lease the Vacated Space as required above, or if the limitations set forth above preclude Lessee from leasing the Vacated Space even if Lessee has timely given a notice to lease, Lessor shall have the right to lease the Vacated Space to any other Person.
Tenant agrees to vacate and surrender possession of the Vacated Space and, unless Landlord provides written notice to Tenant to the contrary, to cause all parties claiming by, through or under Tenant to vacate and surrender possession of the Vacated Space as of the Extension Commencement Date in the condition as required by the Lease and this Amendment.
This Agreement is effective only if PacBell enters into a lease agreement with Landlord relating to the Vacated Space.
This Amendment shall take effect on the earlier to occur of: (i) the date Tenant actually delivers the Vacated Space to Landlord pursuant to Section 10 of this Amendment; or (ii) 12:01 am on June 16, 2000 (the "Effective Date").
Upon completion of any payment for any tenant improvements and leasing commission in connection with the releasing of any Vacated Space, and provided that such Vacated Space is leased in accordance with the terms of this Agreement and for a base term expiring not less two (2) years after the Maturity Date, Lender shall disburse to Borrower any remaining sums from the Termination Fee Deposit with respect to such Vacated Space.