Common use of Right of First Offer to Lease Clause in Contracts

Right of First Offer to Lease. The Landlord shall provide the Tenant with a right of first offer (the “ROFO”) to lease Premises after the expiry of the last Renewal Term. If the Landlord intends to lease the Premises within six months after the expiry of the last Renewal Term, the Landlord shall give the Tenant written notice of its intention to lease the Premises and a summary of its proposed lease terms and the Tenant shall have 30 days (the “

Appears in 2 contracts

Sources: Industrial Lease (Optimi Health Corp.), Industrial Lease (Optimi Health Corp.)