Common use of Extension Rights Clause in Contracts

Extension Rights. Provided there is no uncured Event of Default both at the time of Tenant's exercise of its right to extend and at the commencement of the Option Term, Tenant shall have the right to extend the Term for one (1) five-year extension period (the "Option Term") upon the following terms and conditions:

Appears in 1 contract

Samples: Office Lease (C Me Run Corp)

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Extension Rights. Provided there is no uncured not then an Event of Default both at the time of Tenant's exercise of its right to extend and hereunder or at the commencement of the relevant Option Term, Tenant shall have the right to extend the Term for one seven (17) five-year extension period periods (collectively, the "Option Terms" and individually, an "Option Term") upon the following terms and conditions:

Appears in 1 contract

Samples: Facility Lease (Carematrix Corp)

Extension Rights. Provided there is no not then an uncured Event of Default both at the time of Tenant's exercise of its right to extend and hereunder or at the commencement of the Option TermTerm (as hereinafter defined), Tenant shall have the right to extend the Term for one (1) five-year extension period period. (the "Option Term") upon the following terms and conditions:

Appears in 1 contract

Samples: Lease (Phoenix Md Realty LLC)

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Extension Rights. Provided there is no uncured not then an Event of Default both at the time of Tenant's exercise of its right to extend and hereunder or at the commencement of the relevant Option Term, Tenant shall have the right to extend the Term for one two (12) five-year extension period periods (collectively, the "Option Terms" and individually, an "Option Term") upon the following terms and conditions:

Appears in 1 contract

Samples: Office Lease (Carematrix Corp)

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