Common use of Renewal Right Clause in Contracts

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option (as hereinafter defined) and at the commencement of the Renewal Term (as hereinafter defined): (i) this Lease shall not have been terminated; (ii) an Event of Default shall not have occurred under this Lease beyond any notice or grace period; and Tenant shall have the option (the “Renewal Option”) to extend the term of this Lease for an additional five (5) year period (the “Renewal Term”), to commence on September 1, 2023. (b) The Renewal Option shall be exercised with respect to all of the Demised Premises only and shall be exercisable by Tenant giving written notice to Landlord (the “Renewal Notice”) at least six (6) months before the last day of the Term. Time shall be of the essence as to Tenant’s giving of the Renewal Notice. If Tenant fails to timely exercise the Renewal Option, Tenant shall have no option to renew this Lease beyond the expiration of the Term. (a) The Renewal Term shall be upon all of the terms and conditions set forth in this Lease. except that: (i) Tenant shall accept the Demised Premises in their “as is” condition at the commencement of the Renewal Term, and Landlord shall not be required to perform any work at the Demised Premises, or render any services to make the Demised Premises ready for Tenant’s use and occupancy or provide any abatement of Fixed Rent or Additional Rent, in each case with respect to the Renewal Term; (ii) Fixed Rent shall be in the amount as set forth in Section 9.3; and (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Renewal Term.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option (as hereinafter defined) and at the commencement of the Renewal Term (as hereinafter defined): (i) this Lease shall not have been terminated; , (ii) an Event of Default Tenant shall not have occurred be in default under this Lease after notice and beyond any notice or all applicable grace period; periods and (iii) Tenant shall occupy at least 50% of the Premises, Tenant shall have the option (the “"Renewal Option”") to extend the term of this Lease for for, at Tenant's option, either an additional five (5) 5 year period or an additional 10 year period (the “"Renewal Term”"), to commence on September 1, 2023at the expiration of the initial Term. (b) The Renewal Option shall be exercised with respect to to, at Tenant's option, (i) the entire Premises, (ii) all of space then included in the Demised Premises only and located on floors 7 through 15 or (iii) all space then included in the Premises and located on floors 15 through 22 (the "Renewal Premises"), and shall be exercisable by Tenant giving written notice to Landlord (the “"Renewal Notice”") at least six (6) 18 months before the last day of the initial Term. Tenant shall specify in the Renewal Notice the duration of the Renewal Term and the space to be included in the Renewal Premises. Time shall be is of the essence as with respect to Tenant’s the giving of the Renewal Notice. If Tenant fails to timely exercise the Renewal Option, Tenant shall have no option to renew this Lease beyond the expiration of the Term. (a) The Renewal Term shall be upon all of the terms and conditions set forth in this Lease. except that: (i) Tenant shall accept the Demised Premises in their “as is” condition at the commencement of the Renewal Term, and Landlord shall not be required to perform any work at the Demised Premises, or render any services to make the Demised Premises ready for Tenant’s use and occupancy or provide any abatement of Fixed Rent or Additional Rent, in each case with respect to the Renewal Term; (ii) Fixed Rent shall be in the amount as set forth in Section 9.3; and (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Renewal Term.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option (as hereinafter defined) and at the commencement of the Renewal Term (as hereinafter defined): (i) this Lease shall not have been terminated; (ii) an Event of Default shall not have occurred under this Lease beyond any notice or grace period; and Tenant shall have is granted the option (the “Renewal Option”) to extend the term Lease Term for the entire Leased Premises for one (1) period of this Lease for an additional five two (52) year period years (the “Renewal Term”), to commence on September 1, 2023. (b) The Renewal Option shall be exercised with respect to all of the Demised Premises only and shall be exercisable by Tenant giving written notice to Landlord (the “Renewal Notice”) at least six (6) months before the last day of the Term. Time shall be of the essence as to Tenant’s giving of the Renewal Notice. If Tenant fails to timely exercise the Renewal Option, Tenant shall have no option to renew this Lease beyond the expiration of the Term. provided (a) The Renewal Term shall be upon all no event of default by Tenant exists at the time of exercise of the terms and conditions set forth in this Lease. except that: (i) Tenant shall accept the Demised Premises in their “as is” condition option or at the commencement of the Renewal Term, (b) Tenant gives written notice of its exercise of the Renewal Option on or before March 31, 2017, time being of the essence, and Landlord shall (c) there has not be required to perform any work at been an assignment, sublease or other transfer of the Demised Premises, or render any services to make the Demised Leased Premises ready for by Tenant’s use and occupancy or provide any abatement of Fixed Rent or Additional Rent, in each case with respect to . During the Renewal Term; , the terms and conditions governing the Lease shall remain the same except that (i) Tenant shall have no further right of renewal after the Renewal Term prescribed above; (ii) Fixed Rent for the Leased Premises shall be in the amount as set forth in Section 9.3; and 4 of this Amendment, (iii) the Leased Premises shall be leased in its then “as-is,” “where-is” condition, and (iv) Tenant shall is not entitled to any improvement allowance, rental abatement or any other tenant concessions. The Renewal Option set forth in this Amendment is the only renewal right or option applicable to the Lease; all other renewal rights or options have no option to renew this Lease beyond either lapsed or are hereby nullified and deleted from the expiration of the Renewal TermLease.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option (as hereinafter defined) and at the commencement of the Renewal Term (as hereinafter defined): (i) this Lease shall not have been terminated; , (ii) an Event of Default Tenant shall not be in default under this Lease, (iii) Tenant shall occupy the entire Premises and (iv) Tenant shall not have occurred under assigned this Lease beyond any notice or grace period; and during the initial Term, Tenant shall have the option (the “Renewal Option”) to extend the term of this Lease for an additional five (5) 5 year period (the “Renewal Term”), to commence on September 1, 2023at the expiration of the initial Term. (b) The Renewal Option shall be exercised with respect to all of the Demised entire Premises only and shall be exercisable by Tenant T▇▇▇▇▇ giving written notice to Landlord (the “Renewal Notice”) at least six (6) 18 months before the last day of the initial Term. Time shall be is of the essence as with respect to Tenant’s the giving of the Renewal Notice. If Tenant fails to timely exercise the Renewal Option, Tenant shall have no option to renew this Lease beyond the expiration of the Term. (ac) The Anything in this Lease to the contrary notwithstanding, the provisions of this Section 9.01 granting to Tenant the Renewal Term Option shall be upon all null and void and of no force or effect if the terms and conditions set forth in original named Tenant hereunder is no longer the Tenant under this Lease. except that: (i) Tenant shall accept the Demised Premises in their “as is” condition at the commencement of the Renewal Term, and Landlord shall not be required to perform any work at the Demised Premises, or render any services to make the Demised Premises ready for Tenant’s use and occupancy or provide any abatement of Fixed Rent or Additional Rent, in each case with respect to the Renewal Term; (ii) Fixed Rent shall be in the amount as set forth in Section 9.3; and (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Renewal Term.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option (as hereinafter defined) and at the commencement of the Renewal Term (as hereinafter defined): (i) this Lease shall not have been terminated; , (ii) an no Event of Default is continuing and (iii) Tenant shall not have occurred under this Lease beyond any notice or grace period; and occupy at least 85% of the Renewal Premises, Tenant shall have the option (the “Renewal Option”) to extend the term of this Lease for an additional five (5) 5 year period (the “Renewal Term”), to commence on September 1, 2023at the expiration of the initial Term. (b) The Renewal Option shall be exercised with respect to all either (i) the entire Premises or (ii) a contiguous block of full floors which includes at least 2 full floors starting with, at Tenant’s option, either the lowest floor or the highest floor of the Demised largest contiguous block of full floors then constituting the Premises only (the space as to which Tenant exercises a Renewal Option is called the “Renewal Premises”) and shall be exercisable by Tenant giving written notice to Landlord (the “Renewal Notice”) at least six (6) 15 months before the last day of the initial Term. Time Tenant shall specify in the Renewal Notice the space to be included in the Renewal Premises (failing which the Renewal Premises shall be deemed to be the entire then Premises). Time is of the essence as with respect to Tenant’s the giving of the Renewal Notice. If Tenant fails to timely exercise the Renewal Option, Tenant shall have no option to renew this Lease beyond the expiration of the Term. (a) The Renewal Term shall be upon all of the terms and conditions set forth in this Lease. except that: (i) Tenant shall accept the Demised Premises in their “as is” condition at the commencement of the Renewal Term, and Landlord shall not be required to perform any work at the Demised Premises, or render any services to make the Demised Premises ready for Tenant’s use and occupancy or provide any abatement of Fixed Rent or Additional Rent, in each case with respect to the Renewal Term; (ii) Fixed Rent shall be in the amount as set forth in Section 9.3; and (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Renewal Term.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option (as hereinafter defined) and at the commencement of the Renewal Term (as hereinafter defined): (i) this Lease shall not have been terminated; (ii) an Event of Default shall not have occurred under this Lease beyond any notice or grace period; and Tenant shall have the option (the “Renewal Option”) to extend the term of this Lease for an additional five (5) year period (the “Renewal Term”), to commence on September 1, 2023. (b) The Renewal Option shall be exercised with respect to all of the Demised Premises only and shall be exercisable by Tenant giving written notice to Landlord (the “Renewal Notice”) at least six (6) months before the last day of the Term. Time shall be of the essence as to Tenant’s giving of the Renewal Notice. If Tenant fails to timely exercise the Renewal Option, Tenant shall have no option to renew this Lease beyond the expiration of the Term. (a) The Renewal Term shall be upon all of the terms and conditions set forth in this Lease. , except that: (i) Tenant shall accept the Demised Premises in their “as is” condition at the commencement of the Renewal Term, and Landlord shall not be required to perform any work at the Demised Premises, or render any services to make the Demised Premises ready for Tenant’s use and occupancy or provide any abatement of Fixed Rent or Additional Rent, in each case with respect to the Renewal Term; (ii) Fixed Rent shall be he in the amount as set forth in Section 9.3; and (iii) Tenant shall have no option to renew this Lease beyond the expiration of the Renewal Term.

Renewal Right. (a) Provided that on Landlord hereby grants to Tenant the date Tenant exercises the Renewal Option (as hereinafter defined) and right, exercisable at the commencement of the Renewal Term (as hereinafter defined): (i) this Lease shall not have been terminated; (ii) an Event of Default shall not have occurred under this Lease beyond any notice or grace period; and Tenant shall have the option (the “Renewal Option”) Tenant’s option, to extend renew the term of this Lease for an additional one (1) successive term of five (5) year period years. If exercised, and if the conditions applicable thereto have been satisfied, the renewal term of this Lease (the “Renewal Term”)) shall commence immediately following the end of the initial Lease Term provided in Section 1.8 of this Lease. The right of renewal herein granted to Tenant is personal to Tenant (and may not be exercised by any assignee of Tenant) and shall be subject to, to commence on September 1, 2023. (b) The Renewal Option and shall be exercised in accordance with, the following terms and conditions: (a) Tenant shall exercise its right of renewal with respect to all of the Demised Premises only and shall be exercisable Renewal Term by Tenant giving Landlord irrevocable written notice to Landlord (the “Renewal Notice”) at least six thereof not later than eighteen (618) months before the last day of the Term. Time shall be of the essence as prior to Tenant’s giving of the Renewal Notice. If Tenant fails to timely exercise the Renewal Option, Tenant shall have no option to renew this Lease beyond the expiration of the Termterm of this Lease. (ab) The Renewal Term shall be upon all of the All terms and conditions set forth in of this Lease. except that: (i) Tenant , including without limitation, all provisions governing the payment of Additional Rent, shall accept the Demised Premises remain in their “as is” condition at the commencement of full force and effect during the Renewal Term, and Landlord shall not be required to perform any work at except that the Demised Premises, or render any services to make the Demised Premises ready for Tenant’s use and occupancy or provide any abatement of Fixed Rent or Additional Rent, in each case with respect to the Renewal Term; (ii) Fixed Monthly Base Rent shall be in equal the amount as set forth in Section 9.3; and greater of (iiii) Tenant shall have no option to renew this Lease beyond the expiration of the Renewal Term.Monthly