TO RENEW further One (1) year option to renew, under the same terms and conditions as herein contained and at the same base rate of $2,193.00 per month. If the tenant exercises this option to renew, the Tenant shall notify the Landlord in writing at least Three (3) months prior to the expiry of the initial term. If the Tenant does not wish to exercise this option to renew, the Landlord may, during the final Three (3) months of the Lease, place a "FOR LEASE" sign on the property and enter the demised premises with prospective Tenants during reasonable hours for the purpose of inspection, with the prior approval of the Tenant, which approval shall not be unreasonably withheld.
TO RENEW. Tenant shall notify Landlord in writing of its intent to exercise said Option(s) at least one hundred twenty (120) days prior to the expiration of the initial Lease Term or the first Option to Renew. All Terms and Conditions shall remain the same with the exception of Base Rent which shall be as follows: October 1, 1998 - September 30, 1999 (First one-year option) - $12,229.70 per month. October 1, 1999 - September 30, 2000 (Second one-year option) - $12,753.83 per month
TO RENEW. Lessee shall have TWO FIVE (5) YEAR OPTION(S) to renew. (See Paragraphs 39 and 52 for additional provisions).
TO RENEW. Lessee shall have ONE (1) FOUR (4) YEAR OPTION TO RENEW AND AN ADDITIONAL FIVE-YEAR OPTION. (See Paragraphs 39 and 52 for additional provisions).
TO RENEW. (a) Tenant shall have and is hereby granted the option to extend the Initial Term of the Lease of the Premises, for two (2) additional periods of five (5) years each (each such period an "Extension Period"), the first such period to begin immediately upon the expiration of the Initial Term of this Lease, and each such consecutive period (if the immediately preceding extension right has been properly exercised) to begin upon the expiration of such immediately preceding prior Extension Period, provided: (i) Tenant gives written notice to Landlord of Tenant's election of interest to exercise such extension option (“Tenant’s Notice to Extend”) no later than one hundred eighty (180) days, prior to the expiration of the Initial Term of this Lease (or Extension Period, as applicable); and (ii) that as of the date of the Tenant’s Notice to Extend and at the commencement of such Extension Period, Tenant is not in default of its obligations under this Lease after the giving of any required notice and the expiration of any applicable cure periods.
TO RENEW. Provided that Tenant is then in material compliance with all of the terms, covenants and conditions of this Lease, and is not then in material default beyond any curative period provided, i.e., "in good standing", Tenant shall have the option to extend this Lease for two (2) additional terms of five (5) years each (each, a “Renewal Term,” collectively, the “Renewal Terms” and, together with the Initial Term, collectively, the “Term”) by providing Landlord with written notice, in accordance with this Lease, of its election to exercise each option not less than one hundred eighty (180) days prior to the expiration of the then existing term. Should Tenant duly exercise its option(s), the extended term shall be upon the same terms and conditions contained herein, provided, however, that base rent shall increase and shall be as provided for and set forth in accordance with Section 3.2 below.
TO RENEW. Provided Tenant is not in default of any material provision contained in this lease beyond any applicable period for curing same at the time of the exercise of the option to renew the term, Tenant shall have the option to renew this Lease for an additional term of five (5) years upon the same terms and conditions as provided herein except that the rent shall be payable as follows: Period Monthly Amount May 1, 2017 —April 30 2018 $ 19,000 May 1, 2018-April 30 2019 $ 19,500 May 1, 2019- April 30, 2020 $ 20,000 May 1, 2020 — April 30, 2021 $ 20,500 May 1, 2021- April 30, 2021 $ 21,000 Notice of the exercise of the option shall be given by Tenant to Landlord not later that 180 days prior to the expiration of the initial term.
TO RENEW. See Section 1.09. Three consecutive five year renewal periods and one four year renewal period
TO RENEW a. XXXXX XX OPTION(S). Tenant shall have the right, at its option, to extend the Lease for two (2) period(s) of five (5) years each ("EXTENDED TERM(S)") on an "as is" basis for the Initial Premises and the Expansion Premises on an "all or none" basis commencing at the expiration of the previous Term, provided that at 26 the time of exercise and at the time of commencement of each Extended Term, Tenant is not in default beyond any applicable cure period under this Lease.
TO RENEW. Provided Lessee is not in default hereunder, Lessee shall have the right to renew the Term of this Lease for two (2) additional terms of five (5) years, which periods shall be designated as the “Renewal Term(s)”. Lessee shall accept the Demised Premises in its “Where Is” and “As-Is” condition for each of said Renewal Term(s). Lessee shall exercise this renewal option by giving Lessor not more than 18 months but not less than twelve- (12) month’s prior written notice of its intention to renew the Term of this Lease. Upon receipt by Lessor of such notice, the Term of this Lease shall be deemed to have been extended for the designated Renewal Term from the expiration of the current term as defined herein, upon the same terms and conditions as during the Term hereof, except as otherwise provided for herein.
