Common use of Tenant’s Option Notice Clause in Contracts

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty (420) days nor less than three hundred sixty-five (365) days prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 2 contracts

Samples: Lease Agreement (Abaxis Inc), Lease Agreement (Abaxis Inc)

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Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four two hundred twenty ten (420210) days nor less than three one hundred sixty-five twenty (365120) days prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 2 contracts

Samples: Lease Agreement (Nuance Communications), Lease Agreement (Nuance Communications)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty twelve (42012) days months nor less than three hundred sixty-five nine (3659) days months prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 2 contracts

Samples: And Attornment Agreement, Lease Agreement (Restoration Robotics Inc)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four three hundred twenty sixty (420360) days nor less than three two hundred sixty-five forty (365240) days prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 2 contracts

Samples: Lease Agreement (GigOptix, Inc.), Lease Agreement (Endwave Corp)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty (420) days nor less than three hundred sixty-five (365) days nor less than two hundred forty (240) days prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 2 contracts

Samples: Industrial Lease (InvenSense Inc), Industrial Lease (Foxhollow Technologies, Inc.)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty (420) days nor less than three hundred sixty-five (365) days nor less than two hundred seventy (270) days prior to the end of the initial term of the LeaseExtended Term, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease Extended Term shall be further extended for the Additional Extended Term.

Appears in 1 contract

Samples: First Amendment to Lease Agreement (Tivo Inc)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty twelve (42012) days months nor less than three hundred sixty-five nine (3659) days months prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 1 contract

Samples: Omneon Video Networks, Inc.

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty twelve (42012) days months nor less than three hundred sixty-five nine (3659) days months prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 1 contract

Samples: D Lease (Harmonic Inc)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this the Option (the "Option Notice"). If Landlord does not receive the an Option Notice from Tenant on a date which is neither more than four hundred twenty fifteen (42015) days months nor less than three hundred sixty-five twelve (36512) days months prior to the end of the initial term of the LeaseLease Expiration Date, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this the Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 Section 2.2.5 below, the initial term of the Lease Term shall be extended for the Extended Term.

Appears in 1 contract

Samples: Office Lease (Castlight Health, Inc.)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four three hundred twenty ninety (420390) days nor less than three hundred sixty-five sixty (365360) days prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 1 contract

Samples: Office Lease (Cafepress Inc.)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty (420) days nor less than three hundred sixty-five (365) days nor less than one hundred eighty (180) days prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 1 contract

Samples: Lease Agreement (Vnus Medical Technologies Inc)

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Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty eighteen (42018) days months nor less than three hundred sixty-five twelve (36512) days months prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 1 contract

Samples: Industrial Lease (Mips Technologies Inc)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this the Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty (420) days nor no less than three two hundred sixty-five seventy (365270) days prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 1 contract

Samples: Lease Agreement (Synplicity Inc)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this the Option (the "Option Notice"). If Landlord does not receive the an Option Notice from Tenant on a date which is neither more than four hundred twenty twelve (42012) days months nor less than three hundred sixty-five nine (3659) days months prior to the end of the initial term of the LeaseLease Expiration Date, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this the Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 2.2.5 below, the initial term of the Lease Term shall be extended for the Extended Term.

Appears in 1 contract

Samples: Office Lease (Forrester Research, Inc.)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty (420) days nor less than three hundred sixty-five (365) days nor less than two hundred seventy (270) days prior to the end of the initial term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease shall be extended for the Extended Term.

Appears in 1 contract

Samples: Lease Agreement (New Focus Inc)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty fifteen (42015) days months nor less than three hundred sixty-five twelve (36512) days months prior to the end of the initial term Term of the Lease, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 Section 25.5 below, the initial term Term of the Lease shall be extended for the Optional Extended Term.

Appears in 1 contract

Samples: First Amendment to Office Lease (PDF Solutions Inc)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a by that date which is neither more than four hundred twenty (420) days nor less than three hundred sixty-five (365) days nor less than two hundred forty (240) days prior to the end of the initial term of the LeaseInitial Lease Term, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the Tenant's proper exercise of this OptionOption and, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Initial Lease Term shall be extended for the Extended Term.

Appears in 1 contract

Samples: Lease Agreement (Infiniti Solutions LTD)

Tenant’s Option Notice. Tenant shall have the right to deliver written notice to Landlord of its intent to exercise this Option (the "Option Notice"). If Landlord does not receive the Option Notice from Tenant on a date which is neither more than four hundred twenty Two Hundred Seventy (420270) days nor less than three hundred sixty-five One Hundred Eighty (365180) days prior to the end of the initial term of the LeaseExtended Term, all rights under this Option shall automatically terminate and shall be of no further force or effect. Upon the proper exercise of this Option, subject to the provisions, limitations and conditions set forth in Paragraph 5 below, the initial term of the Lease Extended Term shall be extended for the Second Extended Term.

Appears in 1 contract

Samples: Lease Agreement (Synplicity Inc)

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