Common use of Right of Recapture Clause in Contracts

Right of Recapture. Despite any other provision of this Lease, Tenant shall notify Landlord in writing (Availability Notice) if Tenant wishes to transfer the Premises or any portion thereof (Subject Space). If Tenant does not give Landlord the Availability Notice before delivering a Transfer Notice, the Transfer Notice shall also be the Availability Notice. Landlord has the option, by written notice to Tenant (Recapture Notice) within thirty

Appears in 3 contracts

Sources: Lease Agreement, Assignment and Assumption of Lease Agreement, Lease Agreement