First Offer Space Sample Clauses
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First Offer Space. Landlord shall, prior to offering any First Offer Space to any prospective tenant, subtenant or other occupant, deliver to Tenant from time to time during the First Offer Period a written notice (a “Landlord Offer Notice”) offering to sublease such First Offer Space to Tenant on a commencement date described therein and expiring on the Expiration Date. If Tenant shall deliver to Landlord a written acceptance of the offer contained in any Landlord Offer Notice (any such acceptance, a “Tenant Acceptance Notice”) within ten (10) Business Days after Tenant’s receipt thereof, then, on the date on which Landlord delivers vacant possession of such First Offer Space to Tenant in the condition provided for hereunder (the “First Offer Space Inclusion Date”), such First Offer Space shall become part of the Premises, upon all of the terms and conditions set forth in this Lease, except Rent and other charges payable under this Lease shall each be increased proportionately based upon the increase of space to the Premises on a per rentable square foot basis on account of the First Offer Space in question, provided that Tenant shall be entitled to an abatement of the Fixed Rent payable with respect to the First Offer Space in question equal to 180 days multiplied by a fraction, the numerator of which is the remaining term of the Lease as of the First Offer Space Inclusion Date and the denominator of which is the term of the Lease as of the Commencement Date (such fraction being referred to herein as the “Multiplying Fraction”). Promptly after the occurrence of a First Offer Space Inclusion Date, Landlord and Tenant shall confirm the occurrence thereof and the inclusion of the applicable First Offer Space in the Premises by executing an instrument reasonably satisfactory to Landlord and Tenant; provided, however, that failure by Landlord and Tenant to execute such instrument shall not affect the inclusion of the applicable First Offer Space in the Premises in accordance with this Article 12.
First Offer Space. Subject to the terms and conditions set forth in this Paragraph 58, effective beginning December 1, 2020 Tenant shall have an ongoing right of first offer (“Right of First Offer”) to lease space within the Project that consists ten thousand (10,000) or more contiguous rentable square feet (a “First Offer Space”), if and when any such First Offer Space becomes available for lease to third parties. For purposes of this Paragraph 58, the First Offer Space shall be “available for lease to third parties” if such space becomes vacant and (i) Landlord is free to lease such space to the general public, unencumbered by any renewal rights, expansion rights, rights of first offer or other similar rights of other tenants in the Building that are contained in existing leases as of the Lease Date, and (ii) the First Offer Space will not be occupied by Landlord or Landlord’s property manager (all of the foregoing are herein referred to as “Superior Rights”). Landlord shall have no obligation to offer the First Offer Space to Tenant, and Tenant shall have no right to lease the First Offer Space pursuant to this Paragraph, until all of the Superior Rights have expired or are otherwise terminated. Nothing contained in this Paragraph 58 shall be deemed to impose any obligation on Landlord to refrain from negotiating with an existing tenant or subtenant of the First Offer Space in order to make the First Offer Space available to Tenant. In addition, Landlord shall have no obligation to offer the First Offer Space to Tenant if the First Offer Space does not become available for lease to third parties during the final nine (9) months of the Term )as may be extended).
First Offer Space. Notwithstanding anything in Section 1.2 (B) of the Lease to the contrary, the First Offer Space shall be comprised of all of the space located on floors 41, 45, 46, 48, 49 and 50 of the Building and the Landlord Designated First Offer Floors. In connection with the Landlord Designated First Offer Floors, as applicable, the Load Factors shall be as follows:
First Offer Space. The “First Offer Space,” as that term is defined in Section 1.3 of the Original Lease, shall mean (i) the remaining leasable space in Building B (i.e., all of the leasable space in Building B except the Building B Substitute Premises) (the “Building B First Offer Space”), and (ii) the entire first (1st) floor of Building C (the “Building C First Offer Space”).
First Offer Space. Any space on the eighth (8th) Floor of the Building or any contiguous space on the seventh (7th) floor of 2 Prudential.
First Offer Space. Subject to the terms of this Paragraph 19 (including without limitation Paragraph 19(b)), during the period of time commencing on the Expansion Premises Commencement Date and ending on September 30, 2020 (the “ROFO Period”), Tenant shall have a one-time right of first offer to lease (the "Right of First Offer to Lease") the First Offer Space (as defined below), upon the terms, covenants and conditions described in this Paragraph 19, as and to the extent that the First Offer Space is within Landlord’s control and is available for direct lease from Landlord. The “First Offer Space” shall mean the portion of Building A located adjacent to the Expansion Premises that is approximately Forty-Four Thousand One Hundred Ninety-Nine (44,199) rentable square feet in size and is labeled as Suite B on Exhibit A attached hereto.
First Offer Space. 32 37. TENANT'S RIGHT TO PURCHASE THE BUILDING ........................... 34 38. ARBITRATION ......................................................... 35 39. NOTICES ............................................................. 35 40. BROKERAGE ........................................................... 35 41. FORCE MAJEURE ....................................................... 36 42. SUCCESSORS .......................................................... 36
First Offer Space. So long as there are at least two (2) years remaining in the Term under the Second & Spring Lease, Owner hereby grants to Avalara an on-going right of first offer (the “Right of First Offer”) with respect to available space located on the sixth (6th) and seventh (7th) floors of the 1111 3rd Building. Such right of first offer shall be subject to the terms and conditions set forth in this Agreement in the event that the First Offer Space becomes “available for lease to third parties” (as defined below) and Owner receives a request for proposal, a letter of intent, or a similar offer for the leasing of such space from a qualified third party (a “Third Party Offer”). For purposes hereof, a First Offer Space shall become “available for lease to third parties” if (a) Owner is free to lease the space to the general public unencumbered by any renewal rights, extension rights, expansion rights, rights of first offer (granted prior to the date hereof), rights of first refusal (granted prior to the date hereof) or other similar rights (granted prior to the date hereof) in favor of other tenants in the Project, whether or not the renewal or extension of the existing tenant’s lease is pursuant to an express written provision in such tenant’s lease, and without regard to whether such renewal or extension is characterized by the parties thereto as a “renewal”, “extension” or “new lease”; and (b) Owner intends to market the space to the general public (i.e., the space will not be occupied by Owner, any of its affiliates or successors, or by an existing tenant of the space) (all of the foregoing described in clauses (a) and (b) being herein collectively referred to as “Superior Rights”).
First Offer Space. Subject to the terms and conditions of this Article 36, if, at any time after the Lease Date, Landlord determines to make the Seventh Floor Premises available for lease (such premises, a "First Offer Space"), Tenant shall have a right of first offer to lease such First Offer Space (each, a "Right of First Offer").
First Offer Space. Initial: L_____ T_____ LIST OF CERTAIN DEFINED TERMS Base Rent....................................................... Paragraph 2A