Option to Extend Term. Landlord grants to Tenant two (2) options to extend the Lease Term (each, an Extension Option) for a period of five (5) years (each an Option Term) each, subject to the conditions described in this Section 2.5. Tenant shall have no other right to extend the term beyond the last Option Term.
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Samples: Office Lease (National Insurance Group /Ca/), Office Lease (National Information Group)
Option to Extend Term. Landlord grants to Tenant two (2) options to extend the Lease Term (each, an "Extension Option") for a period of five (5) years for each (each an "Option Term) each"), subject to the conditions described in this Section 2.5. Tenant shall have no other right to extend the term beyond the last Option Term.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Option to Extend Term. Landlord hereby grants to Tenant two (2) options the option to extend the term of the Lease Term for five (each, an Extension Option5) for a period additional periods of five (5) years each (each an "Option Term) eachTerms"), subject to the conditions described in this Section 2.5. Tenant shall have no other right to extend the term beyond the last Option Term.following conditions:
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Option to Extend Term. Landlord grants to Tenant two (2) options the option to extend the Lease Term (each, an Extension Option) for a one period of five (5) years Lease Years (each an Option Term) each), subject to the conditions described in this Section 2.54.5. Tenant shall have no other right to extend the term beyond the last Option Term.
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Option to Extend Term. Landlord grants to Tenant two one (21) options option to extend the Lease Term (each, an Extension Option) for a period of five (5) years (each an Option Term) each), subject to the conditions described in this Section 2.5section 3.5. Tenant shall have no other right to extend the term beyond the last Option Term.
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Samples: Office Lease (Quokka Sports Inc)
Option to Extend Term. Landlord grants to Tenant two (2) consecutive options to extend the Lease Term (each, an "Extension Option") for a period of five (5) years each (each an "Option Term) each"), subject to the conditions described in this Section 2.5. Tenant shall have no other right to extend The Extension Options must be exercised by Tenant, if at all, only at the term beyond time and in the last Option Termmanner provided in this Section 2.5.
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Samples: Office Lease
Option to Extend Term. Landlord grants to Tenant two (2) options 1 option to extend ("Extension Option") the initial Term of the Lease Term (each, an Extension Option) for a 1 period of five (5) 5 years (each an "Option Term) each"), subject to the conditions described in this Section 2.5herein below. Tenant shall have no other right to extend the term Term beyond the last Option Term.
Appears in 1 contract
Samples: Industrial/Commercial Lease Agreement (Directed Electronics, Inc.)
Option to Extend Term. Landlord grants to Tenant two (2) options to extend the Lease Term (each, an Extension OptionOptions) for a period of five (5) years each (each an Option Term) each), subject to the conditions described in this Section 2.5. Tenant shall have no other right to extend the term beyond the last Option Term16.
Appears in 1 contract
Samples: Lease Agreement (Ultra Pac Inc)
Option to Extend Term. Landlord grants to Tenant two (2) options the option to extend the Lease Term (each, an "Extension Option") for a one period of five (5) years Lease Years (each an Option Term) each), subject to the conditions described in this Section 2.54.5. Tenant shall have no other right to extend the term beyond the last Option Term.
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