Common use of Grant of Extension Option Clause in Contracts

Grant of Extension Option. Subject to the provisions, limitations and conditions set forth in this Addendum, Tenant shall have one (1) option (“Option”) to extend the initial term of the Lease for a period of three (3) years (the “Extended Term”) upon all of the terms and conditions of the Lease except that Tenant shall have no further option to extend the Term except as set forth herein and the Base Rent for the Extended Term shall be established pursuant to Section 3 below.

Appears in 1 contract

Samples: Lease Agreement (Proofpoint Inc)

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Grant of Extension Option. Subject to the provisions, limitations and conditions set forth in this AddendumSection 25.5 below, Tenant shall have one (1) an option ("Option") to extend the initial term Term of the Lease for a period of an additional three (3) years year term (the " Optional Extended Term”) upon all of the terms and conditions of the Lease except that Tenant shall have no further option to extend the Term except as set forth herein and the Base Rent for the Extended Term shall be established pursuant to Section 3 below").

Appears in 1 contract

Samples: Office Lease (PDF Solutions Inc)

Grant of Extension Option. Subject to the provisions, limitations and conditions set forth in this AddendumSection 36.5 below, Tenant shall have one (1) an option (each, an “Option”, and collectively, the “Options”) to extend the initial term of the Lease for a period two (2) successive periods of three seven (37) years each (the each, an “Extended Term”) upon all of the terms and conditions of the Lease except that Tenant shall have no further option to extend the Term except as set forth herein and the Base Rent for the Extended Term shall be established pursuant to Section 3 below).

Appears in 1 contract

Samples: Lease Agreement (Linkedin Corp)

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Grant of Extension Option. Subject to the provisions, limitations and conditions set forth in this Addendum, Tenant shall have one (1) option (the Extension Option”) to extend the initial term of the Lease Term for a period of three (3) years (the “Extended Extension Term”) upon all of the terms and conditions of the Lease except that Tenant shall have no further option to extend the Term except as set forth herein and the Base Rent for the Extended Term shall be established pursuant to Section 3 below).

Appears in 1 contract

Samples: Lease Agreement (GigOptix, Inc.)

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