Common use of Premises Relocation Clause in Contracts

Premises Relocation. Lessor reserves the right to relocate the premises to substantially comparable space within the business center. Lessor will give Lessee written notice of its intention to relocate the premises, and lessee will complete its relocation within thirty (30) days after Lessor's notice. The base monthly rent of the new space will not exceed the base monthly rent for the former premises. If Lessee does not want to relocate its premises, Lessee may terminate this lease effective as of thirty (30) days after Lessor's initial notice.

Appears in 3 contracts

Sources: Lease Agreement (Raike Financial Group Inc/Ga), Lease Agreement (Raike Financial Group Inc/Ga), Lease Agreement (Davis & Associates)