Effect of Default on Options. (a) Lessee shall have no right to exercise an Option during the time Lessee is in Breach of this Lease. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee’s inability to exercise an Option because of the provisions of Paragraph 39.4(a).
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Samples: Lease Agreement (SeaSpine Holdings Corp), Lease (SeaSpine Holdings Corp)
Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time Lessee is in Breach of this Lease.commencing
(b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee’s 's inability to exercise an Option because of the provisions of Paragraph paragraph 39.4(a).
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Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, during the time the Lessee is in Breach of this Lease.
(b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee’s 's inability to exercise an Option because of the provisions of Paragraph 39.4(a38.4(a).
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Effect of Default on Options. (a) Lessee shall have no right to exercise an Option during any Event of Default or during the period of time Lessee any Rent is in Breach of this Leaseunpaid (without regard to whether notice thereof is given Lessee).
(b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee’s inability to exercise an Option because of the provisions of Paragraph 39.4(a39.3(a).
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Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary during the time Lessee is in Breach of this Lease.
, or in the event that Lessor has given to Lessee three (b3) The or more notices of separate Defaults under Paragraph 13.1 during the twelve (12) month period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee’s inability to immediately preceding the exercise an Option because of the provisions of Paragraph 39.4(a)Option and, the Defaults not are cured.
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Samples: Standard Industrial/Commercial Multi Tenant Lease (Releasenow Com Corp)
Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, during the time the Lessee is in Breach of this Lease.
(b) The period of time within which an Option may be maybe exercised shall not be extended or enlarged by reason of Lessee’s 's inability to exercise an Option because of the provisions of Paragraph 39.4(a38.4(a).
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