Expansion Options definition

Expansion Options. Subject to the terms and conditions of the Lease, Tenant has (a) a right of second offer to lease certain portions of the Building, which right of second offer expires no later than April 1, 2014, and (b) a right of first offer to lease any portion of the Building outside the Premises. This Notice of Lease has been executed merely to give notice of the Lease, and all of the terms, conditions and covenants thereof which are incorporated herein by reference. The parties hereto do not intend this Notice of Lease to modify or amend the terms, conditions and covenants of the Lease. [Insert property address], Massachusetts Executed as an instrument under seal this day of , 20 . LANDLORD: TENANT: By: By: Name: Name: Title: Title: [ADD NOTARY BLOCKS] EXHIBIT 10 PTDM Parking and Transportation Demand Management Plan (PTDM) 000 Xxxxxxxx Xxxxxx, Lexington, MA Table of Contents

Expansion Options shall have the meaning set forth in Section 8.1.

Expansion Options as defined in Section 34.1(a).

Examples of Expansion Options in a sentence

• Any failure to duly and timely exercise an Expansion Option shall not otherwise limit subsequent Expansion Options.

• Should Guest require additional space after exercising both Expansion Options, Host shall use its best efforts to find additional space at similar terms and conditions coterminous with the Lease.

• Should Guest assign its interest in the Lease, the Expansion Options shall be terminated.

• The Expansion Options are independent of the First Offer Right and shall apply notwithstanding that Tenant at any time has elected to exercise or has elected not to exercise its First Offer Right with respect to any Expansion Space.

• The Base Rental for Expansion Space leased by Tenant pursuant to the Expansion Options shall be at a per annum rate equal to the product obtained by multiplying (a) the Market Base Rental Rate as of the Rent Determination Date for the Expansion Space in question by (b) ninety percent (90%).

More Definitions of Expansion Options

Expansion Options. So long as this Lease is in full force and effect without uncured Lessee default after applicable notice and grace period, if any, Lessor grants Lessee the following option to enlarge the rentable area of the Premises:

Expansion Options. Tenant shall have the Expansion Rights on an additional floor In the same elevator bank as the 27th floor (i.e. 21st through 31st floors). Written notice to expand must be given by March 31, 2000. Security Deposit: $363,515.63 Renewal Option(s): Tenant shall have one (1) five (5) year renewal option with twelve (12) months written notice. Holdover: 150% Eguis -------------------------------------------------------------------------------- 01/14/00 LEASE between 00 XXXXXX XXXX ASSOCIATES, LLC Landlord and BROADVIEW NETWORKS, INC. Tenant December 30, 1999 PREMISES: 00 Xxxxxx Xxxx Xxx Xxxx, Xxx Xxxx 00000 Entire 27th Floor

Expansion Options means Tenant's options to expand into Unit 2 or Unit 3 as shown on Exhibit A-1 as more fully set forth in Article 39 of this Lease in Exhibit G.

Expansion Options. Tenant shall have separate options to expand the Original Premises, which expansion options shall be subject to the provisions of Section 1(c)

Expansion Options. First Option Space": Tenant has the right (PARAGRAPH 6, PAGE 4 OF to lease 2 additional floors or any THE FIRST AMENDMENT) portion thereof, as these floors become available. Landlord shall deliver to Tenant the Offer Notice describing the available space and its availability. Tenant must provide Landlord with written notice within 20 business days, after Offer Notice, but, not earlier than 9 months before Landlord expects applicable space to be available, accepting or rejecting the Offer Notice. Failure by Xxxxxx to deliver notice within said period shall be deemed a rejection of the First Option Space and Tenant shall have no further rights to such space. If Tenant exercises its option, the term shall be co-terminus with the remaining term of the Lease. Base rent, tenant improvements and the base year shall be determined in accordance with Section 5.1.4.2 (market evaluation, arbitration, etc.) of the Lease. The period to agree on terms shall be reduced to 15 business days. IDEALAB! FIRST AMENDMENT TO LEASE ABSTRACT FOR 2ND, 3RD & 8TH FLOORS 00 X. XXXXXXXX XXXXXX --------------------------------------------------------------------------------

Expansion Options. As stated in Section 2.7.

Expansion Options. The terms “