Second Expansion Option. (a) Provided that on the date Tenant exercises the Second Expansion Option and on the Second ES Inclusion Date (i) this Lease has not been terminated and no valid notice of termination of this Lease has been delivered, (ii) Tenant has not exercised the Contraction Option with respect to the Second Contraction Date or the Termination Option, and (iii) Tenant Occupies at least 70% of the Premises, Tenant shall have the option (the “Second Expansion Option”) to lease one full floor of the Building as described in the following sentence (the “Second Expansion Space”). If Tenant is not leasing all of the Total Unit as of the date of the Second ES Offer Notice, the Second Expansion Space shall be contiguous to the top floor of the Office Premises then being leased by Tenant within the Total Unit. If Tenant is leasing all of the Total Unit as of the date of the First ES Offer Notice, then the Second Expansion Space shall be a floor determined by Landlord, which may be located anywhere within the Building other than the 20% of the RSF of the Building which is closest to the top of the Building, provided that if the First Expansion Space was added to the Premises and such First Expansion Space is located outside the Total Unit, then the Second Expansion Space shall be contiguous to the First Expansion Space and shall be located within the same elevator bank as the First Expansion Space. The Second Expansion Option shall be exercisable by Tenant giving Landlord notice thereof (the “Second Expansion Notice”) no less than 15 months prior to the Existing ES Lease Expiration Date, as set forth in the Second ES Offer Notice (time being of the essence).
Second Expansion Option. The "Second Expansion Option" is an option to include within the Demised Premises that area (the "Second Expansion Space") shown on Exhibit "B -5". The "Second Expansion Option Exercise Deadline" is the last day of August, 1996. The "Second Expansion Rentable Floor Area" is hereby conclusively agreed by the parties to be 10,208 square feet. The "Second Expansion Option Rent
Second Expansion Option. The "Second Expansion Option" is an option to include within the Demised Premises that area (the "Second Expansion Space") shown on Exhibit "B-4". The "Second Expansion Option Exercise Deadline" is the last day of August, 1996. The "Second Expansion Rentable Floor Area" is hereby conclusively agreed by the parties to be 10,208 square feet. The "Second Expansion Option Rent Commencement Date" shall be the earlier of (i) the date of occupancy of any portion of the Second Expansion Space or (ii) December 15, 1996; provided, however, if occupancy is delayed solely due to Landlord Delay, the "120 days" immediately above shall be increased by the number of days of delay solely attributable to Landlord Delay. The "Construction Allowance" for the Second Expansion Space shall be equal to $4.50 (i) multiplied by the number of whole months remaining in the 120-month Lease Term after the Second Expansion Option Rent Commencement Date, (ii) divided by 120 and (iii) multiplied by the Second Expansion Rentable Floor Area. It is further agreed Exhibit "B-5" attached hereto outlines the space Tenant leased in its First Expansion Option."
Second Expansion Option. It is understood by execution of this Second Amendment to Lease, Tenant has hereby exercised its "Second Expansion Option".
Second Expansion Option. Premises: 2,21 1 sf on 14th floor, currently leased to Broker Investment Management (see attached). - Notice to LL: By 3/15/01. - Effective Date: Between 9/15/01 and 3/15/02 (Landlord shall notify Tenant of Effective Date within 30 days after exercise). - Base Rent: Rate per sf for remainder of Premises, including increases. - Tenant Improvements: None NOTE: Second expansion rights are subject to the rights of Broker Investment Management to exercise its option to renew. - LL may lease such space to other tenants prior to Effective Date; however, if LL does not deliver possession on or before 150th day following the Effective Date, Tenant may withdraw exercise of expansion option by delivering notice to LL by the 160th day following the scheduled Effective Date. Tetra Pak, Inc. (15th & 16th Floors) (9/l/91 - 8/31/01) -------------------------------------------------------
Second Expansion Option. If (i) Tenant shall not have assigned this Lease (other than pursuant to Paragraph 21(C)), (ii) Tenant shall not have subleased more than 25% of the Premises for all or substantially all of the remaining Term (excluding subleases pursuant to Paragraph 21(C)), and (iii) this Lease shall then be in full force and effect, then Tenant shall have the one-time option (the “Second Expansion Option”) to expand the Premises to include the Second Expansion Premises upon the following terms and conditions:
Second Expansion Option. Subject to the terms and conditions of this Paragraph 59, Tenant shall have the right (the "Second Expansion Option") to lease additional space commonly known as Suite 2900 containing approximately 15,477 rentable square feet located on the twenty-ninth (29th) floor of the Building, as shown on Exhibit "F" attached hereto (the "Second Expansion Space"). Tenant's right to exercise the Second Expansion Option and to add the Second Expansion Space to the Premises shall be subject to the condition that (i) no default shall exist under the Lease at the time Tenant notifies Landlord it intends to exercise the Second Expansion Option or on the Second Expansion Space Occupancy Date (as hereinafter defined), and (ii) Tenant and not a sublessee or assignee is actually occupying 100,000 rentable square feet of the Premises, other than the Reserved Space (as defined in Paragraph 12), is being subleased on both the date that Tenant exercises the Second Expansion Option and on the Second Expansion Space Occupancy Date.
Second Expansion Option. In connection with Landlord’s construction of the Fitness Facility on Floor 1 of the Building, Landlord has relocated its management office located on Floor 1 to Suite 230 on Floor 2 of the Building consisting of 2,124 square feet of Rentable Area at Landlord’s sole cost and expense. After the management office has been relocated and paid for by Landlord, at any time during the Term and provided Tenant is not in a monetary Event of Default hereunder in excess of the Default Threshold, Tenant may notify Landlord (“Second Option Notice”) that it would like to lease the management office space on Floor 2 (“Option Space 2”), which is shown on Schedule “G-8” attached hereto. If other space in the Building is available and is acceptable to Landlord in its sole but reasonable discretion for purposes of relocating the management office, Landlord will agree to move the management office at Tenant’s sole cost and expense and lease Option Space 2 to Tenant in accordance with the following terms.
Second Expansion Option. (a) Provided: (i) no Event of Default exists; (ii) this Lease is in full force and effect; (iii) Tenant is the originally named Tenant or a Permitted Transferee; and (iv) Tenant has not subleased more than 50% of the Premises to any entity that is not a Permitted Transferee, then Tenant has the option (“Second Expansion Option”) to lease all (but not less than all) of the 2nd Expansion Space upon the terms and conditions set forth in this Section. “
Second Expansion Option. Following the Rent Commencement Date and continuing until the last day of the Primary Term of this Lease, and subject to the Second Expansion Conditions (as defined below), Tenant shall have the right to have Landlord expand the Building’s square footage for Tenant to Lease through an expansion of Building to up to a total Building size (the original Building and all expansions, including those still to be completed, taken together) not to exceed 200,000 Rentable Square Feet with a completion date to be provided by Tenant (subject to the minimum time for construction as provided in Section 5.A. above) (the “Second Expansion Option”). The Lease terms applicable to the Second Expansion Option, if exercised, will be as follows:
