Common use of Grant of First Option Clause in Contracts

Grant of First Option. Tenant shall have the option to extend the Term of this Lease for an additional five (5) years (the "First Option"); provided that Tenant is not in default under this Lease beyond any applicable notice and cure periods.

Appears in 3 contracts

Samples: Lease (Brooks Automation Inc), Lease Boulder Tech Center (Helix Technology Corp), Lease (Brooks Automation Inc)

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Grant of First Option. Tenant shall have the option to extend the Term --------------------- of this the Lease for an additional five (5) years (the "First Option"); provided that Tenant is not in default under this the Lease beyond any applicable notice and cure periodsat the time the First Option is exercised.

Appears in 1 contract

Samples: Office Lease (Horizon Organic Holding Corp)

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