Option of renewal Sample Clauses

Option of renewal. 21.1 The Lessee shall have the right to renew this lease upon the terms and subject to the conditions set out below.
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Option of renewal. If Lessor is willing to renew this lease with the Lessee, then select the second statement of the checkbox. This also requires the number of times that Lessor will be willing to renew and the period of time that makes up each of these terms of renewal. (16) Renewal rental status. If this lease will be renewable then, the rent will have to be defined if the Lessee and Lessor decide to renew it at the end. Indicate if the rent does not increase, increase in the amount reached during the multiplication of the basic rent with the annual change indicated in the consumer price index (CPI), increased by a percentage that refers, or increased by a flat dollar amount that is defined by entering it. 6. Expenditure (17) Lolocation of gross expenditure. If the rental payment defined above as the net rental amount will be the full amount due from the Lessee each month, then both the Lessee and the Lessor must solidify this requirement by selecting the appropriate checkbox. (18) Changed gross lease. Lessor and Lessee must initialize the second lease option if the Lessee will be required to pay the networkas well as some additional expenses. (19) Changed gross lease taxes. The expenses that the Lessee must pay in addition to the rent must be defined. If the costs will be covered by Lessor, then an area has been provided for these elements to be established. (20) Triple Net (NNN) Locazione. If both parties agreed to start a Net Title (NNN) Locazione, then each must initialize its recognition and approval. (21) Triple Net (NNN) Cover required. If both Parties have agreed to a Triple Locazione (NNN), then the minimum amount of coverage on insurance policies that the Lessee must obtain and maintain the protection of both Parties against financial repercussions that often result from property injury, death on property, or property damage must be registered must be established in this documentation. 7. Security deposit (22) Security deposit amount. Document the amount of the money Lessee must submit to Lessor (and held temporarily, by Lessor, as a security against any property damage and costly violations of the lease contract caused by Lessee). The Lessee will receive a return of this exact amount if the lease ends successfully without accidents requiring compensation from Lessee to Lessor. Note that the time period of this return as well as the amount that can be presented as a security deposit are both subject to state and national regulations where the property is physical...
Option of renewal. If and only if no earlier than six (6) months or no later than three (3) months before the date of Termination, the Lessee gives notice to the Lessor exercising an option of renewal for a Further Term, and the Lessor is satisfied that:
Option of renewal. 24.1 The Lessee shall have the right to renew this Agreement upon the terms and subject to the conditions set out below.
Option of renewal. (a) If not more than six months or not less than three months prior to the expiration of the term of this lease (in which respect time shall be of the essence) the Lessee notifies the Lessor in writing that the Lessee wishes to take a renewal of this lease for further period set out in Item 5 of this Lease from that expiration, and if at that expiration the Lessee is not in default under this lease (or is in default but the default has been waived by the Lessor), the Lessor will at the cost of the Lessee grant to the Lessee and the Lessee will take a further lease of the premises for that further period upon the same terms and conditions (except as stated in this clause) as are contained in this lease except this renewal clause.
Option of renewal. Option to renew at the end of the Term for a further 5 years subject to the payment of the Renewal Fee by the Agreement Holder of $1000 plus GST. The Renewal Fee will increase 25% for each subsequent renewal. SCHEDULE of TGE WH St 1 Diesel Agreement Number: THIS AGREEMENT is made the day of 20 1. PARTICULARS OF THE Agreement HOLDER (name and address)
Option of renewal. 4.1 The Tenant shall have the right to renew this lease upon the terms and subject to the conditions set out below.
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Option of renewal. 6.01 If the Tenant shall be desirous of taking a tenancy of the Premises for a further term of years as mentioned in the said Third Schedule from the expiration of the term hereby created at the rent and on the terms and conditions hereinafter mentioned and shall, not less than three months before the expiration of the term hereby created give to the Landlord notice in writing of such his desire and if he shall have paid the Rent and shall have reasonably performed and observed the several stipulations herein contained and on his part to be performed and observed up to the termination of the tenancy hereby created then the Landlord will let the Premises to the Tenant for the said further term at the rent as mentioned in the said Third Schedule Subject in all other respects to the same stipulations as are herein contained except this Clause for renewal.
Option of renewal. (a) The Lessee, from the expiry of the Lease, is entitled to take a renewed lease of the Premises for the further term of years in item 4 of the Reference Schedule on the conditions of this part.
Option of renewal. (a) At the Tenant’s option, this Lease may be renewed on the Terminating Date for further periods of one (1) year.
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