AND TERM EXPIRATION DATE Clause Samples

The "AND TERM EXPIRATION DATE" clause defines the specific date on which the agreement or contract will automatically end unless renewed or extended by the parties. In practice, this clause sets a clear endpoint for the contractual relationship, after which neither party is obligated to continue performing under the agreement unless a new arrangement is made. By establishing a definite expiration date, the clause provides certainty and helps both parties plan for the conclusion or renewal of their obligations, thereby preventing misunderstandings about the duration of the contract.
AND TERM EXPIRATION DATE. THIS ACKNOWLEDGEMENT OF TERM COMMENCEMENT DATE AND TERM EXPIRATION DATE is entered into as of [ ], 20[ ], with reference to that certain Lease (the “Lease”) dated as of [ ], 20[ ], by SPARK THERAPEUTICS, LLC, a limited liability company (“Tenant”), in favor of WEXFORD-UCSC 3737, LLC, a Delaware limited liability company (“Landlord”). All capitalized terms used herein without definition shall have the meanings ascribed to them in the Lease. Tenant hereby confirms the following:
AND TERM EXPIRATION DATE. THIS ACKNOWLEDGEMENT OF RENT COMMENCEMENT DATE AND TERM EXPIRATION DATE is entered into as of [_______], 2015, with reference to that certain Lease (the “Lease”) dated as of [_______], 2015, by BIOGEN MA INC., a Massachusetts corporation (“Tenant”), in favor of BMR-▇▇▇▇▇▇ Street LLC, a Delaware limited liability company (“Landlord”). All capitalized terms used herein without definition shall have the meanings ascribed to them in the Lease. Tenant hereby confirms the following:
AND TERM EXPIRATION DATE. THIS ACKNOWLEDGEMENT OF 1214 TERM COMMENCEMENT DATE AND TERM EXPIRATION DATE IS ENTERED INTO AS OF [_______], 20[__], WITH REFERENCE TO THAT CERTAIN LEASE DATED AS OF MARCH 6, 2015 (THE “Original Lease”), as amended by that certain First Amendment to Lease dated as of September 30, 2015, that certain Second Amendment to Lease dated as of November 23, 2015, and that certain Third Amendment to Lease dated as of ______, 2017 (the “Third Amendment”) (collectively, and as the same may have been further amended, amended and restated, supplemented or modified from time to time, the “Lease”), by REGENXBIO INC., a Delaware corporation (“Tenant”), in favor of BMR-MEDICAL CENTER DRIVE LLC, a Delaware limited liability company (“Landlord”). All capitalized terms used herein without definition shall have the meanings ascribed to them in the Lease. Tenant hereby confirms the following:
AND TERM EXPIRATION DATE. THIS ACKNOWLEDGEMENT OF TERM COMMENCEMENT DATE AND TERM EXPIRATION DATE IS ENTERED INTO AS OF [_______], 20[__], WITH REFERENCE TO THAT CERTAIN LEASE (THE “Lease”) dated as of [_______], 20[__], by PMV PHARMACEUTICALS, INC., a Delaware corporation (“Tenant”), in favor of BMR-ONE RESEARCH WAY LLC, a Delaware limited liability company (“Landlord”). All capitalized terms used herein without definition shall have the meanings ascribed to them in the Lease. Tenant hereby confirms the following: