Common use of EXTENSION OF LEASE Clause in Contracts

EXTENSION OF LEASE. Lessee shall have the option to extend this lease of the demised Premises for two additional five-year terms, contingent upon mutual agreement of the Board and the Lessee as to rental for the extension terms.

EXTENSION OF LEASE. Lessee shall have the option to extend this lease of the demised Premises for two additional five-year terms, contingent upon mutual agreement of the Board and the Lessee as to rental for the extension terms.tem1s..

EXTENSION OF LEASE. Lessee shall have the option to extend this lease of the demised Premises for two one additional fiveone-year termsterm ("the Extension"), contingent upon the negotiation and mutual agreement of between the Board and the Lessee as to the rental fee and other Lease terms for the extension termsExtension. 5. Section 5(c) ofthe Lease is hereby deleted and replaced with the following:

EXTENSION OF LEASE. Lessee shall have the option to extend this lease of the demised Premises for two one additional fiveone-year termsterm (“the Extension”), contingent upon the negotiation and mutual agreement of between the Board and the Lessee as to the rental fee and other Lease terms for the extension termsExtension. 5. Section 5(c) of the Lease is hereby deleted and replaced with the following:

EXTENSION OF LEASE. Lessee shall have the option to extend this lease of the demised Premises for two one additional five-five year termsterm, contingent upon mutual agreement of the Board and the Lessee as to rental for the extension termsterm.

EXTENSION OF LEASE. Lessee shall have the option to extend this lease of the demised Premises for two additional fiveone-year termsterms ("the Extension"), contingent upon the negotiation and mutual agreement of between the Board and the Lessee as to the rental fee and other Lease terms for the extension termsExtension.

EXTENSION OF LEASE. Lessee shall have the option to extend this lease of the demised Premises for two one additional fivethree-year termsterm (“the Extension”), contingent upon the negotiation and mutual agreement of between the Board and the Lessee as to the rental fee and other Lease terms for the extension termsExtension.