Offered Space definition

Offered Space means the leasable space on the first (1st) floor of the Building as shown on Schedule One attached to this Lease; however, if, at any time, Tenant is leasing space on the first (1st) floor of the Building, then the “Offered Space” shall not include leasable space on the first (1st) floor that is not contiguous to the space then being leased by Tenant.

Offered Space means The adjacent 85,893 SF unit currently occupied by Delta Apparel.

Offered Space means collectively the following, as shown on Exhibit B:

Examples of Offered Space in a sentence

• If Tenant shall so elect to lease the Offered Space (and provided that the conditions in clauses (i) through (iii) above continue to exist at the time of execution of such lease or amendment), Landlord shall furnish a commercially reasonable draft lease or lease amendment incorporating such terms and conditions set forth in Landlord’s ROFO Notice, and Tenant shall, within ten (10) days after receipt of such lease or amendment, execute and deliver the same to Landlord.

• Once Tenant has elected to lease any Offered Space, Tenant's failure to execute and deliver such a lease or amendment shall have no effect on Tenant's obligation to lease the Offered Space, unless Landlord shall elect to nullify Tenant's election as a result of such failure.

• Tenant shall have a one-time right, which Tenant may exercise by giving Landlord notice within seven (7) days after Landlord's ROFO Notice, to irrevocably elect to lease the Offered Space on the terms and conditions set forth in Landlord’s ROFO Notice.

• If Tenant shall fail to elect to lease any Offered Space within such 7-day period as provided herein (time being of the essence), Tenant shall have no further rights with respect to the First Offer Space (or any portion thereof) described in the specific ROFO Notice, and Landlord shall thereafter be free to lease any or all of the First Offer Space to such party or parties, on such terms as Landlord may from time to time determine.

• Landlord shall not be liable to Tenant for any failure to deliver such space as a result of any holdover tenant or other occupant of any Offered Space.

More Definitions of Offered Space

Offered Space means a minimum of one (1) full floor of leasable area in the Building, which is not already included in the Premises. For the avoidance of doubt, this one-time right of first offer shall not be triggered unless at least one (1) full floor in the Building is available (i.e., meaning if less than a full floor is available then Landlord shall be permitted to lease such partial floor without triggering Tenant’s right of first offer hereunder); provided, however, as set forth below in Paragraph (d), if Landlord desires to lease more than just the Offered Space to one tenant, Landlord may offer to Tenant pursuant to the terms hereof all such space which Landlord desires to lease, and Tenant must exercise its rights hereunder with respect to all such space and may not insist on receiving an offer for just the Offered Space. This is a one-time right and Landlord shall only be required to provide one (1) First Offer Notice to Tenant, irrespective if Tenant ultimately elects to exercise its right of first offer in response to such First Offer Notice or waive its rights under this Addendum Two in response to this First Offer Notice.

Offered Space means any full floor in any building in the Project (it being agreed that Landlord shall only be required to offer to Tenant full floors and Landlord is entitled to lease to third parties any partial floors without being obligated to offer to Tenant such partial floors to Tenant under this Exhibit D).

Offered Space means (i) during the initial Term only, space in Buildings 4 and 5 of Corridor Park Corporate Center, Austin, Texas, which becomes available after an initial tenant has occupied such space and such tenant has elected not to extend or renew its term; and (ii) during the First Extension Term only, space in Building 5 of Corridor Park Corporate Center in excess of 32,040 contiguous square feet which becomes available after the initial or then current tenant has elected not to extend or renew its term. There shall be no "offered Space" following the First Extension Term.

Offered Space means the adjacent 17,850 sf which is located to the north of the initial Premises, 0000 Xxxxx 0000 Xxxx, Xxxx 000, in the Crossroads Xxxxxxxxx Xxxxxx #0, Xxxx Xxxx Xxxx, Xxxx.

Offered Space as defined in Section 35.1(a).

Offered Space. Is defined in Articles 48 and 49 hereof.

Offered Space means the adjacent and contiguous space to the Premises consisting of approximately 32,000 square feet commonly known as 7953 Zionsville Road, Indianapolis, Indiana 46268 and as shown on Exhibit B.