Common use of Fourth Option to Extend Clause in Contracts

Fourth Option to Extend. On or before one hundred and eighty (180) days prior to the expiration of the Third Extension Period, provided there are no material uncured Events of Default existing under the extended Lease, Tenant may extend the term of this Lease for an additional five (5) years by notifying Landlord of such intention in writing (“Fourth Extension Period”). The maximum term of the Lease with four extensions is forty (40) years.

Fourth Option to Extend. On or before one hundred and eighty twenty (180120) days prior to the expiration of the Third Extension Period, provided there are no material uncured Events and providing Tenant is not in default of Default existing under the extended this Lease, Tenant may extend the term of this Lease for an additional five one hundred and twenty (5120) years months by notifying Landlord of such intention in writing (the “Fourth Extension Period”). The maximum term of the Lease with the third extension is seventy-four extensions is forty and one-half (4074 l/2) years.

Fourth Option to Extend. On or before one hundred and eighty twenty (180120) days prior to the expiration of the Third Extension Period, provided there are no material uncured Events and providing Tenant is not in default of Default existing under the extended this Lease, Tenant may extend the term of this Lease for an additional five one hundred and twenty (5120) years months by notifying Landlord of such intention in writing (the “Fourth Extension Period”). The maximum term of the Lease with the third extension is seventy-four extensions is forty and one-half (4074 1/2) years.