Initial Term and Extended Terms Sample Clauses

Initial Term and Extended Terms. SECTION 2.01. The Initial Term of this Lease shall be a term of eleven (11) years and three (3) months beginning on the first day of June, 1997 and expiring on the last day of August, 2008, unless earlier terminated pursuant to any provision of this Lease or extended pursuant to Section 2.02.
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Initial Term and Extended Terms. Initial Term: The Annual Base-Rent shall be payable in advance in equal monthly, installments and shall be in the annual amounts as follows: Base Rent per Square Foot of Gross Monthly Rent Building Area $10.00 $3,095.00 Extension Terms Annual Base Rent for each and every Extension Term shall be as follows: Extension Term Base Rent per Square Monthly Rent Foot of Gross Building Area Years 6-10 $10.94 $3,385.93 Years 11-15 $12.68 $3,924.46 Years 16-20 $14.70 $4,549.65
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Initial Term and Extended Terms. This Agreement shall become effective on Effective Date and shall remain in effect for a period to expire upon the earlier of (i) July 28, 2023 or (ii) the termination of the Strategic R&D Agreement (the “Initial Term”). Anything in this Agreement to the contrary notwithstanding if the term of Strategic R&D Agreement is extended as provided for therein, RCAR shall have the option of extending the Term of this Agreement for the same period of time, upon written notice to SCS Group within fifteen (15) days of the date on which the term of the Strategic R&D Agreement was extended (any such extension of the Term, an “Extended Term”). The Initial Term and any Extended Term are collectively referred to in this Agreement as the “Term.” Upon the extension of the Initial Term or any Extended Term, as consideration therefor, RCAR shall grant SCS an option (the “Extension Stock Option”) on the date that the Parties agree to the Extended Term (the “ESO Grant Date”), to acquire up to three hundred thirty-three thousand three hundred thirty-three (333,333) shares of RCAR common stock (the “Extension Option”) at an exercise price equal to the Per Share Fair Market Value of RCAR’s common stock on the date of grant, which date shall be the first day of the Extended Term.
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Initial Term and Extended Terms 
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Related to Initial Term and Extended Terms

  • Extended Terms The Term of this Agreement may be extended by the Manager if the Resident applies in writing for an “Extension” in accordance with the Managers published policies about Term Extensions. Extensions are subject to availability. Priority will be given to Residents travelling from great distances, who demonstrate a special need, or who are enrolled in orientation or academic programs that begin early or continue beyond the Residence Term. Extensions may also be granted for any ‘Early Move-In’, ‘Late Move-Out’ or ‘Summer Residence’ programs offered by the Manager. Residents granted Extensions are subject to the fees detailed in Table 3. Any Resident found occupying a Room outside of the Term without approval from the Manager are subject to additional fees over and above those detailed in Table 3. TABLE 3: Extended Terms Start (“Move-In Day”) End (“Move-Out Day”) Fees Summer Semester 2020 N/A N/A $35.00/Day Academic Year 2020-2021 N/A N/A $35.00/Day Winter Semester 2021 N/A N/A $35.00/Day * Customized By Manager

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

  • ADDITIONAL TERMS AND CONDITIONS This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among Xxxxx Bank and Xxxxx Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

  • Additional Terms None B-1

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