Common use of OPTION TO EXTEND THE TERM Clause in Contracts

OPTION TO EXTEND THE TERM. The parties hereby acknowledge and agree that Tenant did exercise the Option to Extend the Term of the Lease in accordance with the terms and conditions set forth in Addendum 1 of the Lease. Tenant further acknowledges and agrees that the Option to Extend the Lease as set forth in Addendum 1 is of no further force and effect, and Tenant does not have any additional rights under the Lease to further extend the Term of the Lease.

Appears in 2 contracts

Samples: To Lease Agreement (Pacific Biosciences of California Inc), Second Amendment (Brocade Communications Systems Inc)

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OPTION TO EXTEND THE TERM. The parties hereby acknowledge and agree that Tenant did exercise the Option to Extend the Term of the Lease in accordance with the terms and conditions provisions set forth in Addendum 1 Section 3.2 of the Lease. Tenant further acknowledges and agrees that the Option to Extend the Lease as set forth in Addendum 1 Section 3.2 is of no further force and effect, and Tenant does not have any additional rights under the Lease to further extend the Term of the Lease.

Appears in 2 contracts

Samples: Lease Agreement (Ase Test LTD), Lease Agreement (Advanced Semiconductor Engineering Inc)

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OPTION TO EXTEND THE TERM. The parties hereby acknowledge and agree that Tenant did exercise the Option to Extend the Term of the Lease in accordance with the terms and conditions set forth in Addendum 1 Section 1.2 of the LeaseSecond Amendment to Lease Agreement. Tenant further acknowledges and agrees that the Option to Extend the Lease as set forth in Addendum 1 Section 1.2 of the Second Amendment to Lease Agreement is of no further force and effect, and Tenant does not have any additional rights under the Lease to further extend the Term of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Symantec Corp)

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