Procedure for Determining First Expansion FMRV Clause Samples

Procedure for Determining First Expansion FMRV. For purposes of determining the First Expansion FMRV, the following procedure shall apply: XVIII.4.2.1 [Intentionally Deleted.] XVIII.4.2.2 Within 15 Business Days after Tenant's receipt of Landlord's First Expansion Space Availability Notice, Tenant shall give Landlord written notice ("Tenant's First Expansion Response Notice") electing either (a) to accept the First Expansion FMRV set forth in Landlord's First Expansion Space Availability Notice, in which case the First Expansion FMRV shall be the First Expansion FMRV set forth in Landlord's First Expansion Space Availability Notice, or (b) not to accept Landlord's determination of the First Expansion FMRV, in which case (i) Tenant's First Expansion Response shall set forth Tenant's estimate of what the First Expansion FMRV would be for the First Expansion Space and (ii) Landlord and Tenant shall endeavor to agree upon the First Expansion FMRV on or before the date that is 15 days after Landlord's receipt of Tenant's First
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