Common use of Extension Rights Clause in Contracts

Extension Rights. Tenant shall have 2 consecutive rights (each, an "EXTENSION RIGHT") to extend the term of this Lease for 5 years each (each, a "TERM EXTENSION") on the same terms and conditions as this Lease by giving Notice to Landlord of Tenant's election to exercise each Extension Right at least 12 months prior to the expiration of the Term or the expiration of any prior Term Extension. During any Term Extension, no Base Rent and no Improvement Rent shall be payable; all other Rent shall remain payable on the same terms and conditions as this Lease.

Extension Rights. Tenant shall have 2 consecutive rights (each, an "EXTENSION RIGHT") to extend the term Term of this Lease for 5 years each (each, a an "TERM EXTENSIONEXTENSION TERM") on the same terms and conditions as this Lease by giving Notice to Landlord written notice of Tenant's its election to exercise each Extension Right at least 12 6 months prior to the expiration of the initial Term of the Lease or the expiration of any prior Term Extension. During any Term Extension, no Base Rent and no Improvement Rent shall be payable; all other Rent shall remain payable on the same terms and conditions as this LeaseExtension Term.

Extension Rights. Tenant shall have 2 consecutive rights (each, an "EXTENSION RIGHT"“Extension Right”) to extend the term of this Lease for 5 years each (each, a "TERM EXTENSION"an “Extension Term”) on the same terms and conditions as this Lease (other than Base Rent) by giving Notice to Landlord written notice (“Extension Notice”) of Tenant's its election to exercise each Extension Right at least 12 months prior prior, and no earlier than 16 months prior, to the expiration of the Base Term of this Lease or the expiration of any prior Term Extension. During any Term Extension, no Base Rent and no Improvement Rent shall be payable; all other Rent shall remain payable on the same terms and conditions as this LeaseExtension Term.

Extension Rights. Tenant shall have 2 two (2) consecutive rights (each, an "EXTENSION RIGHT") to extend the term of this Lease for 5 five (5) years each (each, a an "TERM EXTENSIONEXTENSION TERM") on the same terms and conditions as this Lease (other than Base Rent) by giving Notice to Landlord written notice of Tenant's its election to exercise each Extension Right at least 12 twelve (12) months prior to the expiration of the Base Term of the Lease or the expiration of any prior Term Extension. During any Term Extension, no Base Rent and no Improvement Rent shall be payable; all other Rent shall remain payable on the same terms and conditions as this LeaseExtension Term.

Extension Rights. Tenant shall have 2 consecutive rights (each, an "EXTENSION RIGHT"“Extension Right”) to extend the term of this Lease for 5 years each (each, a "TERM EXTENSION"an “Extension Term”) on the same terms and conditions as this Lease (other than Base Rent) by giving Notice to Landlord written notice of Tenant's its election to exercise each Extension Right at least 12 months prior prior, and no earlier than 18 months prior, to the expiration of the Base Term of the Lease or the expiration of any prior Term Extension. During any Term Extension, no Base Rent and no Improvement Rent shall be payable; all other Rent shall remain payable on the same terms and conditions as this LeaseExtension Term.

Extension Rights. Tenant shall have 2 consecutive rights (each, an "EXTENSION RIGHT"“Extension Right”) to extend the term of this Lease for 5 years 60 months each (each, a "TERM EXTENSION"an “Extension Term”) on the same terms and conditions as this Lease (other than with respect to Base Rent and the Work Letter) by giving Notice to Landlord written notice of Tenant's its election to exercise each Extension Right at least 12 months prior prior, and no earlier than 15 months prior, to the expiration of the Base Term of this Lease or the expiration of any prior Term Extension. During any Term Extension, no Base Rent and no Improvement Rent shall be payable; all other Rent shall remain payable on the same terms and conditions as this LeaseExtension Term.