Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that the Extended Term provided herein shall be deemed not to represent any of Tenant's three (3) options to extend the Lease Term as provided in Section 2.2 of the Lease. Accordingly, Landlord and Tenant acknowledge and agree that Tenant shall continue to have the three (3) options to extend the Lease Term, each for a period of five (5) years, in accordance with, and pursuant to the terms of, Section 2.2
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Samples: Lease (Vical Inc)
Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that notwithstanding the extension of the Lease Term for the Third Extended Term provided herein Term, Tenant shall be deemed not continue to represent any of Tenant's three have one (31) options option to further extend the Lease Term as provided pursuant to the same terms set forth in Section 2.2 of the Original Lease. Accordingly, Landlord and Tenant acknowledge and agree provided that Tenant the Option Term shall continue to have the three (3) options to extend the Lease Term, each be for a period of one (1) year (as opposed to five (5) years, years as set forth in accordance with, and pursuant to Section 3.2 of the terms of, Section 2.2Third Amendment).
Appears in 1 contract
Samples: Lease (Avinger Inc)
Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that the Extended Term provided herein shall be deemed not to represent any the first of Tenant's three ’s two (32) options to extend the Lease Term as provided in Section 2.2 of the Original Lease. Accordingly, Landlord and Tenant acknowledge and agree that effective as of the date of this Second Amendment, Tenant shall continue to have only one (1) option to extend the Lease Term for a period of three (3) options to extend the Lease Term, each for a period of five (5) years, years in accordance with, and pursuant to the terms of, Section 2.22.2 of the Original Lease.
Appears in 1 contract
Samples: Lease (Avinger Inc)
Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that the Extended Term provided herein shall not be deemed not to represent any of Tenant's three (3) options option to extend the Lease Term as provided in Section 2.2 of the Original Lease. Accordingly, Landlord and Tenant acknowledge and agree that accordingly Tenant shall continue to have the three one (31) options option to extend the Lease Term, each for a period of five (5) years, Term in accordance with, and pursuant to the terms of, Section 2.22.2 of the Original Lease; provided that effective as of the date of this Second Amendment such option to extend the Lease Term shall be for five (5) years (as opposed to three (3) years as presently set forth in the Lease).
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Samples: Lease (VistaGen Therapeutics, Inc.)
Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that notwithstanding the extension of the Lease for the Extended Term provided herein herein, Tenant shall be deemed not continue to represent any of Tenant's three have one (31) options option to extend the Lease Term as provided in Section 2.2 for a period of the Lease. Accordingly, Landlord and Tenant acknowledge and agree that Tenant shall continue to have the three (3) options to extend the Lease Term, each for a period of five (5) years, years in accordance with, and pursuant to the terms of, Section 2.22.2 of the Lease, provided that references therein to the expiration of the Lease Term shall be deemed to refer to the expiration of the Extended Term.
Appears in 1 contract
Samples: Office Lease (Aadi Bioscience, Inc.)