Common use of Exercise of First Option Clause in Contracts

Exercise of First Option. Tenant may only exercise its First Option by written notice to Landlord served upon Landlord during the time period between twelve (12) months and six (6) months prior to the end of the original Term. Once such notice is served, the Term of the Lease shall automatically be modified so that the Term of the Lease shall end at 11:59 p.m. on the last day of the calendar month in which the twentieth anniversary of the Commencement Date occurs.

Appears in 3 contracts

Samples: Lease (Brooks Automation Inc), Lease (Helix Technology Corp), Lease (Brooks Automation Inc)

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Exercise of First Option. Tenant may only exercise its First Option by written notice to Landlord served upon Landlord during the time period between twelve nine (129) months and six (6) months prior to the end of the original Term. Once such notice is served, the Term of the Lease shall automatically be modified so that the Term of the Lease shall end at 11:59 p.m. noon on the last day of the calendar month in which the twentieth fifteenth (15th) anniversary of the Commencement Date occurs.

Appears in 1 contract

Samples: Office Lease (Horizon Organic Holding Corp)

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Exercise of First Option. Tenant may only exercise its First Option by ------------------------ written notice to Landlord served upon Landlord during the time period between twelve nine (129) months and six (6) months prior to the end of the original Term. Once such notice is served, the Term of the Lease shall automatically be modified so that the Term of the Lease shall end at 11:59 p.m. noon on the last day of the calendar month in which the twentieth fifteenth (15th) anniversary of the Commencement Date occurs.

Appears in 1 contract

Samples: Office Lease (Horizon Organic Holding Corp)

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