Extract to table

The tenant must exercise each renewal option by delivering written notice to the landlord no later than twelve (12) months prior to the expiration of the then-current term (i

The two appraisers shall each independently determine FMV within forty-five (45) days, and if the two determinations differ by ten percent (10%) or less, the FMV shall be the average of the two determinations

If the determinations differ by more than ten percent (10%), the two appraisers shall select a third appraiser, and the FMV shall be the average of the two closest determinations

Costs of the appraisal process shall be shared equally by the parties

If the landlord determines to develop a building on the Adjacent Parcel, the landlord must first offer the tenant the opportunity to lease such building on the terms and conditions that the landlord intends to offer to the market, and the tenant shall have fifteen (15) business days to accept or reject such offer

The tenant may not assign the lease or sublet all or any portion of the premises without the prior written consent of the landlord, which consent shall not be unreasonably withheld, conditioned, or delayed