Common use of Renewal Right Clause in Contracts

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option and at the commencement of the Renewal Term (i) this Lease shall not have been terminated and (ii) Tenant shall not be in default under this Lease beyond any applicable grace or cure periods, 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 at the expiration of the initial Term.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option and at the commencement of the Renewal Term (i) this Lease shall not have been terminated and terminated, (ii) Tenant no Event of Default shall not have occurred and be in default continuing under this Lease beyond any applicable grace or cure periodsand (iii) Tenant shall occupy the entire Premises, Tenant shall have the option (the "“Renewal Option"”) to extend the term of this Lease for an additional five (5) 10 year period (the "“Renewal Term"”), to commence at the expiration of the initial Term.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option and at the commencement of the Renewal Term (i) this Lease shall not have been terminated and terminated, (ii) no Event of Default is continuing and (iii) Tenant shall not be in default under this Lease beyond any applicable grace or cure periodsoccupy 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 at the expiration of the initial Term.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option and at the commencement of the Renewal Term (i) this the Lease shall not have been terminated and terminated, (ii) Tenant shall not be in default under this the Lease beyond any applicable grace or cure periodsand (iii) Tenant shall occupy at least 50% of the Demised Premises, Tenant shall have the option (the "“Renewal Option"”) to extend the term of this the Lease for an additional five (5) 5 year period (the "“Renewal Term"”), to commence at on the expiration of date immediately following the initial TermExpiration Date.

Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option and at the commencement of the Renewal Term (i) this Lease shall not have been terminated and terminated, (ii) Tenant shall not be in default under this Lease beyond any applicable grace and (iii) Tenant and/or a permitted subtenant or cure periodsassignee shall occupy the entire Premises, 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 at the expiration of the initial Term.