Common use of PERIOD OF LEASE Clause in Contracts

PERIOD OF LEASE. 10.1 This Lease Agreement shall endure for the Initial Period; 10.2 Notwithstanding the foregoing, and provided that the Lessee, during the Lease Agreement duly abides by the terms and conditions hereof and all its obligations arising to it by virtue of its ownership of a Platinum Share, the Constitution, the Platinum Shareholder Agreement and the Wilderness Agreement, and the Building at the time of exercise of the option has been refurbished so as to render it in a good state of repair and in a condition approved by the Aesthetics Committee, the Lessee shall have the option to renew this lease for the Option Period provided that the Lessee exercises the option by informing the Lessor in writing of its intention to exercise the option not later than 12 calendar months prior to the expiry of the Initial Period, which option shall be deemed to have been exercised on the same terms and conditions of this Lease Agreement.

PERIOD OF LEASE. 10.1 This Lease Agreement shall endure for the Initial Period; 10.2 Notwithstanding the foregoing, and provided that the Lessee, during the Lease Agreement duly abides by the terms and conditions hereof and all its obligations arising to it by virtue of its ownership of a Platinum the Diamond Share, the Constitution, the Platinum Diamond Shareholder Agreement and the Wilderness Agreement, and the Building at the time of exercise of the option has been refurbished so as to render it in a good state of repair and in a condition approved by the Aesthetics Committee, the Lessee shall have the option to renew this lease for the Option Period provided that the Lessee exercises the option by informing the Lessor in writing of its intention to exercise the option not later than 12 calendar months prior to the expiry of the Initial Period, which option shall be deemed to have been exercised on the same terms and conditions of this Lease Agreement.Initial

PERIOD OF LEASE. 10.1 7.1. This Lease Agreement shall endure for the Initial Period;. 10.2 7.2. Notwithstanding the foregoing, and provided that the Lessee, during the Lease currency of the Agreement duly abides by the terms and conditions hereof and all its obligations arising to it by virtue of its ownership of a the Platinum ShareShares, the Constitution, Constitution the Platinum Shareholder Rights Agreement and the Wilderness Agreement, and the Building at the time of exercise of the option has been refurbished so as to render it in a good state of repair and in a condition approved by the Aesthetics Committee, the Lessee shall have the option to renew this lease for the Option Period provided that the Lessee exercises the option by informing the Lessor in writing of its intention to exercise the option not later than 12 calendar months prior to the expiry of the Initial Period, which option shall be deemed to have been exercised on the same terms and conditions of this Lease Agreement.