Common use of Second Floor Transfer Date Clause in Contracts

Second Floor Transfer Date. The Transfer Date with respect to the Second Floor Space shall occur at midnight on June 30, 2007 (“Second Floor Transfer Date”); provided, however, that the Second Floor Transfer Date may be modified as follows: • By mutual written agreement of Assignor and Assignee, the Second Floor Transfer Date may be accelerated to any date not earlier than April 30, 2007. Either party desiring to accelerate the Second Floor Transfer Date to a date earlier than June 30, 2007 shall issue a written notice to the other party not later than 100 days prior to the accelerated Second Floor Transfer Date and the other party shall respond with its approval, disapproval or counter-proposal within ten (10) days thereafter. The parties shall in good faith attempt to reach agreement on the accelerated Second Floor Transfer Date, but if they cannot reach agreement, the Second Floor Transfer Date shall remain at June 30, 2007.

Appears in 2 contracts

Sources: Sublease Agreement (Juno Therapeutics, Inc.), Sublease Agreement (Juno Therapeutics, Inc.)