Right of first refusal to lease clause samples
9.Right of First Refusal to Lease. Landlord grants to Tenant the right (the “First Refusal Right”) to lease the First Refusal Space, as hereinafter defined, at any time during the first three (3)years of the initial Term of this Lease on and subject to the following terms and conditions. No First Refusal Right may be exercised by Tenant if an Event of Default has occurred and is then continuing or any facts or circumstances then exist which, with the giving of notice or the passage of time, or both, would constitute an Event of Default at the time of exercise of the First Refusal Right.
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