Common use of Conditions to Exercise of Option Clause in Contracts

Conditions to Exercise of Option. Provided that Tenant is not in default under this Lease at the time of exercise of the option to extend or at the commencement of the exercise term, Tenant shall have the right to extend the Term of the Lease for one additional period of two (2) years (the “Seventh Extension Term”) commencing at 12:01a.m. on February 1, 2020 and expiring at 12:00p.m. on January 31, 2022.

Appears in 1 contract

Samples: Lease Agreement (Geron Corp)

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Conditions to Exercise of Option. Provided that Tenant is not in default Default under this Lease at the time of exercise of the option to extend or at the commencement of the exercise extension term, Tenant shall have the right to extend the Term of the this Lease for one an additional period of two (2) years (the Seventh Extension Term”) commencing at 12:01a.m. on February 1July 13, 2020 and expiring at 12:00p.m. on January 31, 20222014.

Appears in 1 contract

Samples: Office Lease Agreement (Geron Corp)

Conditions to Exercise of Option. Provided that Tenant is not in default Default under this Lease at the time of exercise of the option to extend or at the commencement of the exercise extension term, Tenant shall have the right to extend the Term of the this Lease for one an additional period of two (2) three years (the Seventh Extension Term”) commencing at 12:01a.m. on February upon April 1, 2020 and expiring at 12:00p.m. on January 31, 20222019.

Appears in 1 contract

Samples: Office Lease Agreement (Corcept Therapeutics Inc)

Conditions to Exercise of Option. Provided that Tenant is not in default Default under this Lease at the time of exercise of the option to extend or at the commencement of the exercise extension term, Tenant shall have the right to extend the Term of the this Lease for one an additional period of two (2) years (the Seventh Extension Term”) commencing at 12:01a.m. on February August 1, 2020 and expiring at 12:00p.m. on January 31, 20222014.

Appears in 1 contract

Samples: Office Lease Agreement (Geron Corp)

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Conditions to Exercise of Option. Provided that Tenant is not in default Default under this Lease at the time of exercise of the option to extend or at the commencement of the exercise extension term, Tenant shall have the right to extend the Term of the this Lease for one an additional period of two one (21) years year (the Seventh Extension Term”) commencing at 12:01a.m. on February upon January 1, 2020 and expiring at 12:00p.m. on January 31, 20222008.

Appears in 1 contract

Samples: Office Lease Agreement (Corcept Therapeutics Inc)

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