RELOCATION OF TENANT. It is understood and agreed that Landlord shall have the right, at its sole cost and expense, to relocate the Tenant to other premises of equal or greater kind and quality within the River Ridge Complex xxxx in the same Building or in another building (if at the time of the relocation a controlling interest in such other building in Office Park ready for occupancy is xxxx by Landlord or a wholly-owned subsidiary of Landlord), provided the Demised Premises is less than 5,000 rentable square feet or such relocation is necessary in order for Landlord to accommodate a Tenant whose space requirements equal or exceed fifty percent (50%) of the total rentable square feet contained within the full floor upon which the Demised Premises is located or the floors immediately above or below the floor upon which the Demised Premises is located in no event shall any relocation accomplished pursuant to this paragraph result in an increase in the rent payable under this lease. Should Tenant refuse to permit Landlord's move Tenant to such new space Landlord shall have the right among other remedies defined in paragraph 17 herein to cancel and terminate this lease effective ninety (90) days from the date of original notification by Landlord. If Landlord moves Tenant to such new spaces, this lease xxx each and all of its terms, covenants and conditions shall remain in full force and effect and be deemed applicable to such new space and such new space xxxx thereafter be deemed to be the Premises as though Landlord and Tenant had entered into an express written amendment of this lease with respect thereto.
Appears in 2 contracts
Sources: Sublease Agreement (Accord Networks LTD), Sublease Agreement (Accord Networks LTD)
RELOCATION OF TENANT. It is understood and agreed that Landlord shall have the right, at its sole cost and expense, to relocate the Tenant to other premises of equal or greater kind and quality within the River Ridge Complex xxxx in the same Building or in another building (if at the time of the relocation a controlling interest in such other building in Office Park ready for occupancy is xxxx by Landlord or a wholly-owned subsidiary of Landlord), provided the Demised Premises is less than 5,000 rentable square feet or such relocation is necessary in order for Landlord to accommodate a Tenant whose space requirements equal or exceed fifty percent (50%) of the total rentable square feet contained within the full floor upon which the Demised Premises is located or the floors immediately above or below the floor upon which the Demised Premises is located in no event shall any relocation accomplished pursuant to this paragraph result in an increase in the rent payable under this lease. Should Tenant refuse to permit Landlord's move Tenant to such new space The Landlord shall have the right among other remedies defined in paragraph 17 herein from time to cancel and terminate this lease effective time during the Term to relocate the Demised Premises from their present location within the Building to another location within the Property having at least the same floor area of comparable quality as that of the Demised Premises, provided that the Landlord gives the Tenant written notice of the Landlord's intention to do so at least ninety (90) days from the date before undertaking such relocation. The Landlord shall pay all reasonable moving costs incurred by Tenant in connection with such move. Tenant agrees to provide an estimate of original such moving costs within two (2) weeks of notification by Landlord. If Landlord moves Tenant to Upon the completion of such new spacesrelocation, this lease xxx each Lease shall automatically cease to cover the space constituting the Demised Premises immediately before such relocation, and shall automatically thereafter cover the space to which the Demised Premises have been relocated, as aforesaid, all on the same terms and subject to the same conditions as those set forth in the provisions of this Lease as in effect immediately before such relocation, and all without the necessity of further action by either party hereto; provided, that each party hereto shall, promptly upon its termsreceipt of a written request therefore from the other, covenants and conditions shall remain in full force and effect and be deemed applicable to enter into such new space and such new space xxxx thereafter be deemed to be the Premises as though Landlord and Tenant had entered into an express written amendment of this lease with respect theretoLease as the requesting party considers reasonably necessary to move Tenant.
Appears in 2 contracts
Sources: Lease Agreement (Interactive Magic Inc /Md/), Lease Agreement (Lionbridge Technologies Inc /De/)
RELOCATION OF TENANT. It is understood and agreed that The Landlord shall have the rightright one time -------------------- during the Term, at its sole cost and the Landlord's expense, to relocate the Tenant to other premises of equal or greater kind and quality Premises from their present location within the River Ridge Complex xxxx in Building to another location with the Building having at least the same Building or in another building (if at the time floor area as that of the relocation a controlling interest in such other building in Office Park ready for occupancy is xxxx by Landlord or a wholly-owned subsidiary of Landlord), provided the Demised Premises is less than 5,000 rentable square feet or such relocation is necessary in order for Landlord to accommodate a Tenant whose space requirements equal or exceed fifty percent (50%) of the total rentable square feet contained within the full floor upon which the Demised Premises is located or the floors immediately above or below the floor upon which the Demised Premises is located in no event shall any relocation accomplished pursuant to this paragraph result in an increase in the rent payable under this lease. Should Tenant refuse to permit Landlord's move Tenant to such new space Landlord shall have the right among other remedies defined in paragraph 17 herein to cancel and terminate this lease effective ninety (90) days from the date of original notification by Landlord. If Landlord moves Tenant to such new spaces, this lease xxx each and all of its terms, covenants and conditions shall remain in full force and effect and be deemed applicable to such new space and such new space xxxx thereafter be deemed to be the Premises as though shown on Exhibit A, provided that the Landlord gives the Tenant written notice of the Landlord's intention to do so at least thirty (30) days before undertaking such relocation. The Landlord shall, in such event, at the Landlord's expense, install within the Premises as so relocated improvements of the same quality and quantity as those theretofore made by the Tenant had entered or the Landlord to the Premises before such relocation, and on the completion of such installation shall cause the Tenant's machinery, furniture, fixtures and equipment within the Premises to be moved to the Premises as so relocated. Upon the completion of such relocation, this Lease shall automatically thereafter cover the space to which the Premises have been relocated, as aforesaid, all on the same terms and subject to the same conditions as those set forth I the provisions of this Lease as in effect immediately before each relocation, and all without the necessity of further action by either party hereto; provided, that each party hereto shall promptly upon its receipt of a written request therefor from the other, enter into an express written such amendment of this lease with respect theretoLease as the requesting party considers reasonably necessary to confirm such relocation.
Appears in 2 contracts
Sources: Form 10 K, Lease Agreement (Pc Connection Inc)
RELOCATION OF TENANT. It At any time hereafter, Landlord may substitute for the Premises other premises (hereinafter referred to as the “New Premises”), provided:
(a) the New Premises shall be similar to the Premises in area and use for Tenant’s purposes and shall be located in the Office Complex; and if Tenant is understood and agreed that already in occupancy of the Premises, then in addition:
(b) Landlord shall have pay the rightreasonable expense of Tenant for moving from the Premises to the New Premises and for improving the New Premises so that they are substantially similar to the Premises;
(c) such move shall be made during evenings, weekends or otherwise so as to incur the least inconvenience to Tenant; and
(d) if the Commencement Date has already occurred, then Landlord shall first give Tenant at least sixty (60) days’ notice before making such change. If Landlord exercises its right hereunder, the New Premises shall thereafter be deemed for the purposes of this Lease as the Premises. Within ten (10) days after the date Landlord submits an amendment to this Lease to Tenant indicating the location and configuration of the New Premises, Tenant shall execute such amendment, but no such amendment shall be necessary to make the terms of this Article effective. Landlord may at its sole cost option and expense, at any time elect to revoke any relocation notice sent to Tenant seeking to substitute for the Premises and relocate the Tenant to other premises of equal or greater kind and quality within the River Ridge Complex xxxx in the same Building or in another building (if at the time of space, whereupon the relocation a controlling interest in such other building in Office Park ready for occupancy is xxxx by Landlord or a wholly-owned subsidiary of Landlord), provided the Demised Premises is less than 5,000 rentable square feet or such relocation is necessary in order for Landlord to accommodate a Tenant whose space requirements equal or exceed fifty percent (50%) of the total rentable square feet contained within the full floor upon which the Demised Premises is located or the floors immediately above or below the floor upon which the Demised Premises is located in no event notice shall any relocation accomplished pursuant to this paragraph result in an increase in the rent payable under this lease. Should Tenant refuse to permit Landlord's move Tenant to such new space Landlord shall have the right among other remedies defined in paragraph 17 herein to cancel and terminate this lease effective ninety (90) days from the date of original notification by Landlord. If Landlord moves Tenant to such new spaces, this lease xxx each and all of its terms, covenants and conditions shall remain in full force and effect and be deemed applicable to such new space withdrawn and such new space xxxx thereafter be deemed to be the Premises as though Landlord and Tenant had entered into an express written amendment of this lease with respect theretoa nullity.
Appears in 1 contract
Sources: Office Lease (Careadvantage Inc)
RELOCATION OF TENANT. It is understood and agreed that The Landlord shall have the rightright from time to time during the Term, at its sole cost and the Landlord's expense, to relocate the Tenant to other premises of equal or greater kind and quality from its present location within the River Ridge Complex xxxx Building to another location within the Building having at least the same floor area as that of the Leased Premises as shown on Exhibit A, provided that the Landlord gives the Tenant written notice of the Landlord's intention to do so at least thirty (30) days before undertaking such relocation. The Landlord shall, in such event, at the Landlord's expense, install within the Leased Premises as so relocated improvements of the same quality and quantity as those theretofore made by the Tenant or the Landlord to the Leased Premises before such relocation, and on the completion of such installation shall cause the Tenant's machinery, furniture, fixtures and equipment within the Leased Premises to be moved to the Leased Premises as so relocated. Upon the completion of such relocation, this Lease shall automatically cease to cover the space constituting the Leased Premises immediately before such relocation, and shall automatically thereafter cover the space to which the Leased Premises have been relocated as aforesaid, all on the same terms and subject to the same conditions as those set forth in the same Building or provisions of this Lease as in another building (if at effect immediately before such relocation, and all without the time necessity of the relocation further action by either party hereto; provided, that each party hereto shall, promptly upon its receipt of a controlling interest in such other building in Office Park ready for occupancy is xxxx by Landlord or a wholly-owned subsidiary of Landlord), provided the Demised Premises is less than 5,000 rentable square feet or such relocation is necessary in order for Landlord to accommodate a Tenant whose space requirements equal or exceed fifty percent (50%) of the total rentable square feet contained within the full floor upon which the Demised Premises is located or the floors immediately above or below the floor upon which the Demised Premises is located in no event shall any relocation accomplished pursuant to this paragraph result in an increase in the rent payable under this lease. Should Tenant refuse to permit Landlord's move Tenant to such new space Landlord shall have the right among other remedies defined in paragraph 17 herein to cancel and terminate this lease effective ninety (90) days written request therefor from the date of original notification by Landlord. If Landlord moves Tenant to other, enter into such new spaces, this lease xxx each and all of its terms, covenants and conditions shall remain in full force and effect and be deemed applicable to such new space and such new space xxxx thereafter be deemed to be the Premises as though Landlord and Tenant had entered into an express written amendment of this lease with respect theretoLease as the requesting party considers reasonably necessary to confirm such relocation.
Appears in 1 contract
Sources: Deed of Lease (Guardian Technologies International Inc)
RELOCATION OF TENANT. It is understood and agreed that The Landlord shall have the rightright from time to time during the Term to relocate the Demised Premises from their present location within the Building to another location within the Property having comparable quality and comparable rentable square footage, and which shall provide comparable proportions of office, lab and warehouse space, to the Demised Premises; provided that the Landlord gives the Tenant written notice of the Landlord’s intention to relocate at least ninety (90) days before undertaking such relocation. The Landlord shall pay all reasonable moving costs incurred by Tenant in connection with such move and shall perform, at its sole cost and expense, such work as shall be necessary to relocate provide the Tenant relocated premises with improvements substantially similar to other premises of equal or greater kind and quality within the River Ridge Complex xxxx in the same Building or in another building (if at the time of the relocation a controlling interest in such other building in Office Park ready those improvements provided for occupancy is xxxx by Landlord or a wholly-owned subsidiary of Landlord), provided the Demised Premises is less than 5,000 rentable square feet or under the Landlord Work provisions of this Lease. Tenant agrees to provide an estimate of such relocation is necessary in order for Landlord moving costs within two (2) weeks of notification by Landlord. Upon the completion of such relocation, this Lease shall automatically cease to accommodate a Tenant whose cover the space requirements equal or exceed fifty percent (50%) of constituting the total rentable square feet contained within Demised Premises immediately before such relocation, and shall automatically thereafter cover the full floor upon space to which the Demised Premises is located or have been relocated, as aforesaid, all on the floors immediately above or below same terms and subject to the floor upon which the Demised Premises is located in no event shall any relocation accomplished pursuant to this paragraph result in an increase same conditions as those set forth in the rent payable under provisions of this lease. Should Tenant refuse to permit Landlord's move Tenant to Lease as in effect immediately before such new space Landlord shall have relocation, and all without the right among other remedies defined in paragraph 17 herein to cancel and terminate this lease effective ninety (90) days necessity of further action by either party hereto; provided, that each party hereto shall, promptly upon its receipt of a written request therefore from the date of original notification by Landlord. If Landlord moves Tenant to other, enter into such new spaces, this lease xxx each and all of its terms, covenants and conditions shall remain in full force and effect and be deemed applicable to such new space and such new space xxxx thereafter be deemed to be the Premises as though Landlord and Tenant had entered into an express written amendment of this lease with respect theretoLease as the requesting party considers reasonably necessary to move Tenant. Landlord shall use commercially reasonable efforts to avoid disrupting the business activities of Tenant during such relocation.
Appears in 1 contract
RELOCATION OF TENANT. It is understood and agreed that The Landlord shall have the rightright from time to time during the Term, at its sole cost and the Landlord's expense, to relocate the Tenant to other premises of equal or greater kind and quality Premises from their present location within the River Ridge Complex xxxx in Building to another location within the Building having at least the same Building or in another building (if at the time floor area as that of the relocation a controlling interest in such other building in Office Park ready for occupancy is xxxx by Landlord or a wholly-owned subsidiary of Landlord), provided the Demised Premises is less than 5,000 rentable square feet or such relocation is necessary in order for Landlord to accommodate a Tenant whose space requirements equal or exceed fifty percent (50%) of the total rentable square feet contained within the full floor upon which the Demised Premises is located or the floors immediately above or below the floor upon which the Demised Premises is located in no event shall any relocation accomplished pursuant to this paragraph result in an increase in the rent payable under this lease. Should Tenant refuse to permit Landlord's move Tenant to such new space Landlord shall have the right among other remedies defined in paragraph 17 herein to cancel and terminate this lease effective ninety (90) days from the date of original notification by Landlord. If Landlord moves Tenant to such new spaces, this lease xxx each and all of its terms, covenants and conditions shall remain in full force and effect and be deemed applicable to such new space and such new space xxxx thereafter be deemed to be the Premises as though shown on Exhibit A, provided that the Landlord gives the Tenant written notice of the Landlord's intention to do so at least thirty (30) days before undertaking such relocation. The Landlord shall, in such event, at the Landlord's expense, install within the Premises as so relocated improvements of the same quality and quantity as those theretofore made by the Tenant had entered or the Landlord to the Premises before such relocation, and on the completion of such installation shall cause the Tenant's machinery, furniture, fixtures and equipment within the Premises to be moved to the Premises as so relocated /5/. Upon the completion of such relocation, this Lease shall automatically cease to cover the space constituting the Premises immediately before such relocation, and shall automatically thereafter cover the space to which the Premises have been relocated, as aforesaid, all on the same terms and subject to the same conditions as those set forth in the provisions of this Lease as in effect immediately before such relocation, and all without the necessity of further action by either party hereto; provided, that each party hereto shall, promptly upon its receipt of a written request therefor from the other, enter into an express written such amendment of this lease with respect theretoLease as the requesting party considers reasonably necessary to confirm such relocation.
Appears in 1 contract