Common use of Further Term Clause in Contracts

Further Term. One (1) further term of three (3) years. 6.1. The Tenant may exercise its option to renew the lease for the Further Term by written request to the Landlord before the final date as specified in clause 6.2. 6.2. The final date for exercising the option under clause 6.1 is Monday 15th October 2018. 6.3. The renewed lease will be for the duration of the Further Term, and will be governed by the same terms and conditions as this agreement unless the parties agree otherwise. 6.4. Rent payable for the Further Term will be determined by the parties prior to renewal of the lease for the Further Term. 6.5. At least six (6) months, and no more than twelve (12) months, prior to the final date specified in clause 6.2, the Landlord must write to the Tenant notifying it of the final date. 6.6. The Landlord does not have to comply with clause 6.5 if the Tenant exercises or purports to exercise the option before being notified by the Landlord.

Further Term. One (1) further term of three (3) years. 6.1. The Tenant may exercise its option to renew the lease for the Further Term by written request to the Landlord before the final date as specified in clause 6.2. 6.2. The final date for exercising the option under clause 6.1 is Monday 15th October 201831st December 2024. 6.3. The renewed lease will be for the duration of the Further Term, and will be governed by the same terms and conditions as this agreement unless the parties agree otherwise. 6.4. Rent payable for the Further Term will be determined by the parties prior to renewal of the lease for the Further Term. 6.5. At least six (6) months, and no more than twelve (12) months, prior to the final date specified in clause 6.2, the Landlord must write to the Tenant notifying it of the final date. 6.6. The Landlord does not have to comply with clause 6.5 if the Tenant exercises or purports to exercise the option before being notified by the Landlord.

Further Term. One (1) further term of three (3) years. 6.1. The Tenant may exercise its option to renew the lease for the Further Term by written request to the Landlord before the final date as specified in clause 6.2. 6.2. The final date for exercising the option under clause 6.1 is Monday 15th October 201831st December 2021. 6.3. The renewed lease will be for the duration of the Further Term, and will be governed by the same terms and conditions as this agreement unless the parties agree otherwise. 6.4. Rent payable for the Further Term will be determined by the parties prior to renewal of the lease for the Further Term. 6.5. At least six (6) months, and no more than twelve (12) months, prior to the final date specified in clause 6.2, the Landlord must write to the Tenant notifying it of the final date. 6.6. The Landlord does not have to comply with clause 6.5 if the Tenant exercises or purports to exercise the option before being notified by the Landlord.