Common use of Extension of Lease Term Clause in Contracts

Extension of Lease Term. The Lease Term is presently scheduled to expire on February 28, 2013. Effective as of March 1, 2013 (the “Extension Date”), the Lease Term is extended for a period expiring on February 28, 2015 (the “Revised Lease Expiration Date”), unless sooner terminated under the terms of the Lease. The period beginning on the Extension Date and continuing through the Revised Lease Expiration Date is the “Extension Term” and the Summary of Basic Lease Information and Section 3 of the Lease are amended accordingly.

Appears in 1 contract

Samples: Skullcandy, Inc.

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Extension of Lease Term. The Lease initial Term is presently scheduled to expire on February 28, 2013. Effective as of March 1, 2013 (the “Extension Date”), the Lease Term expires on August 31, 2019 and is hereby extended for a period expiring on February 28of three (3) years from September 1, 2015 2019 – August 31, 2022 (the Revised Lease Expiration DateExtension Period”), unless sooner terminated under the terms of the Lease. The period beginning on the Extension Date and continuing through the Revised Lease Expiration Date is the “Extension Term” and the Summary of Basic Lease Information and Section 3 of the Lease are amended accordingly.

Appears in 1 contract

Samples: Lease (ClearSign Technologies Corp)

Extension of Lease Term. The term of the Lease Term is presently scheduled currently expires May 31, 2009. Pursuant to expire on February 28, 2013. Effective as of March 1, 2013 (the “Extension Date”)this Amendment, the term of the Lease Term is shall be extended for a period expiring on February 28of twenty (20) months, 2015 (terminating as of January 31, 2011. Any references to the “Revised Lease Expiration Date”), unless sooner terminated under the terms of the Lease. The period beginning on the Extension Date and continuing through the Revised Lease Expiration Date is the “Extension Termtermand the Summary of Basic Lease Information and Section 3 of the Lease are amended accordinglyshall be deemed references to the term of the Lease as extended hereby.

Appears in 1 contract

Samples: Office Lease (Paulson Capital Corp)

Extension of Lease Term. The Lease Term is presently scheduled to expire on February 28, 2013. Effective as term of March 1, 2013 (the “Extension Date”), the Lease Term currently expires January 31, 2011. The term of the Lease is hereby extended for a period expiring on February 28of eighteen (18) months, 2015 (terminating as of July 31, 2012. Any references to the “Revised term” or “lease term” in the Lease Expiration Date”), unless sooner terminated under shall be deemed references to the terms of the Lease. The period beginning on the Extension Date and continuing through the Revised Lease Expiration Date is the “Extension Term” and the Summary of Basic Lease Information and Section 3 term of the Lease are amended accordinglyas extended hereby.

Appears in 1 contract

Samples: Office Lease (Paulson Capital Corp)

Extension of Lease Term. The Term of the Lease is currently scheduled to expire, by its terms, on April 30, 2018. The Term is presently scheduled of the Lease shall be extended for a twelve (12) month term, to begin on May 1, 2018, and to expire on February 28April 30, 2013. Effective as of March 1, 2013 2019 (the First Amendment Extension DateTerm”). April 30, 2019 shall hereinafter be referred to as the Lease Term is extended for a period expiring on February 28, 2015 (the new Revised Lease Expiration Date”), unless sooner terminated under the terms of the Lease. The period beginning on the Extension Date and continuing through the Revised Lease Expiration Date is the “Extension Term” and the Summary of Basic Lease Information and Section 3 of the Lease are amended accordingly.

Appears in 1 contract

Samples: Office Lease (GTX Inc /De/)

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Extension of Lease Term. The current term of the Lease Term is presently scheduled set to expire on February 28October 31, 20132006. Effective as The term of March 1, 2013 (the “Extension Date”), the Lease Term is hereby extended for a period of 60 months commencing on November 1, 2006 and expiring on February 28October 31, 2015 2011 (the “Revised Lease Expiration DateExtended Term”), unless sooner terminated under the terms of the Lease. The period beginning on the Extension Date and continuing through the Revised Lease Expiration Date is the “Extension Term” and the Summary of Basic Lease Information and Section 3 of the Lease are amended accordingly.

Appears in 1 contract

Samples: Industrial Lease Agreement (Pc Universe Inc)

Extension of Lease Term. The Lease currently provides that the Term is presently scheduled will expire on December 31, 2013. Landlord and Tenant hereby agree to expire extend the Term for a period of thirty-eight (38) months, commencing on the Renewal Date and ending on February 28, 2013. Effective as of March 1, 2013 (the “Extension Date”), the Lease Term is extended for a period expiring on February 28, 2015 (the “Revised Lease Expiration Date”), unless sooner terminated under the terms of the Lease. The period beginning on the Extension Date and continuing through the Revised Lease Expiration Date is the “Extension Term” and the Summary of Basic Lease Information and Section 3 of the Lease are amended accordingly2017.

Appears in 1 contract

Samples: Office Lease (Bankrate, Inc.)

Extension of Lease Term. The current term of the Lease Term is presently scheduled to expire expires on February 28March 31, 2013. Effective as The parties agree that the term of March 1, 2013 (the “Extension Date”), the Lease Term is hereby renewed and extended for a period expiring on February 28of 24 months, 2015 (so that the “Revised Lease Expiration Date”), unless sooner terminated under the terms of the Lease. The period beginning on the Extension Date and continuing through the Revised Lease Expiration Date is the “Extension Term” and the Summary of Basic Lease Information and Section 3 term of the Lease are amended accordinglyshall expire on March 31, 2015.

Appears in 1 contract

Samples: Lease Agreement (Uluru Inc.)

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