Common use of Extension of Current Term Clause in Contracts

Extension of Current Term. The current Term will be extended (the "Extended Term") for 180 days; provided, however, that the Extended Term will expire on such earlier date of the closing of the sale pursuant to the Option to Purchase.

Appears in 3 contracts

Samples: Master Lease Agreement (Alterra Healthcare Corp), Master Lease Agreement (Brookdale Senior Living Inc.), Lease Agreement (Alterra Healthcare Corp)

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Extension of Current Term. The current Term will be extended (the "Extended Term") for 180 120 days; provided, however, that the Extended Term will expire on such earlier date of the closing of the sale pursuant to the Option to Purchase.

Appears in 2 contracts

Samples: Lease Agreement (Balanced Care Corp), Lease Agreement (Balanced Care Corp)

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Extension of Current Term. The current Term will be extended (the "β€œExtended Term"”) for 180 days; provided, however, that the Extended Term will expire on such earlier date of the closing of the sale pursuant to the Option to Purchase.

Appears in 1 contract

Samples: Master Lease Agreement (Tandem Health Care, Inc.)

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