Tenant Renewal Notice. Prior to the date that is twenty-one (21) months before the end of the Initial Term (the “Renewal Notice Date”), Tenant may exercise its Renewal Option if Tenant and Landlord agree in writing upon the Fair Market Rent for the Renewal Term (the “Agreed FMV Rent”).
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Samples: Purchase and Sale Agreement (Energy XXI LTD), Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.), Connection and Access Agreement (CorEnergy Infrastructure Trust, Inc.)
Tenant Renewal Notice. Prior to the date that is twenty-one (21) months before the end of the Initial Term (the ““ Renewal Notice DateDate ”), Tenant may exercise its Renewal Option if Tenant and Landlord agree in writing upon the Fair Market Rent for the Renewal Term (the ““ Agreed FMV RentRent ”).
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