Common use of Amended Lease Clause in Contracts

Amended Lease. If: (i) Tenant fails to timely deliver the Exercise Notice, or (ii) after the expiration of a period of 30 days after Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed to have forever waived its right to lease such Identified Space.

Appears in 2 contracts

Sources: Assignment and Assumption of Lease (Vaxcyte, Inc.), Lease Agreement (Codexis, Inc.)

Amended Lease. If: (i) Tenant fails to timely deliver the an Exercise Notice, or (ii) after the expiration of a period of 30 10 business days after LandlordL▇▇▇▇▇▇▇’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed deemed, subject to its ongoing right under Section 39(a) above, to have forever waived its right to lease such Identified Space.

Appears in 2 contracts

Sources: Lease Agreement (CARGO Therapeutics, Inc.), Lease Agreement (CARGO Therapeutics, Inc.)

Amended Lease. If: (i) Tenant fails to timely deliver the an Exercise Notice, or (ii) after the expiration of a period of 30 10 business days after Landlord▇▇▇▇▇▇▇▇’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed deemed, subject to its ongoing right under Section 39(a) above, to have forever waived its right to lease such Identified Space.

Appears in 1 contract

Sources: Lease Agreement (CARGO Therapeutics, Inc.)

Amended Lease. If: (i) Tenant fails to timely deliver the an Exercise Notice, or (ii) after the expiration of a period of 30 10 business days after LandlordL▇▇▇▇▇▇▇’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed to have forever waived its right to lease such Identified Space.

Appears in 1 contract

Sources: Lease Agreement (Singular Genomics Systems, Inc.)