Term; Option to Extend. Unless sooner terminated pursuant to the terms of this Agreement, the term of this Agreement shall commence on the Effective Date and shall continue until the later of (i) the third (3rd) anniversary of the Effective Date and (ii) the completion of all deliverables contemplated by the Project Plan and Exhibit B (such period during which this Agreement is in effect, the “Term”). The Parties may, by written agreement, extend the Term of this Agreement for an additional period of time.
Term; Option to Extend. This Ground Lease shall be for a term of thirty (30) years, commencing upon the Effective Date, (the “Term”). Ground Lessee shall have two consecutive options to extend Term each for an additional ten-years on the same terms and conditions contained herein (each an “Extension Option”). Ground Lessee shall give written notice to Ground Lessor and the College of its election to exercise an Extension Option, in writing, not fewer than thirty (30) days prior to expiration of the then-current Term.
Term; Option to Extend. Unless sooner terminated pursuant to the terms of this Agreement, the term of this Agreement shall commence on the Effective Date and shall continue [*] = Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. until the later of (i) the fifth anniversary of the Effective Date and (ii) the completion of all activities contemplated by the Project Plan and Exhibit B (such period during which this Agreement is in effect, the “Term”). The Parties may, by written agreement, extend the Term of this Agreement for an additional period of time.
Term; Option to Extend. The initial term of this Lease shall commence on July 1, 1989 or such earlier date as the parties shall mutually agree upon. This date shall hereinafter be referred to as the "Commencement Date." The initial term of this Lease shall end at midnight on June 30th, 1999. Upon the condition that there is no default by Tenant in the performance of any provision of this Lease, Tenant may extend the term of this Lease for one (1) additional period of ten (10) years. Tenant shall exercise this option for an extended term by notifying Landlord in writing at least one hundred and eighty (180) days prior to the expiration of the initial term. If Tenant exercises the option to extend the term of this Lease, all of the terms and conditions set forth in this Lease shall continue to apply during the extended term, except that there shall be no privilege to extend the term of this Lease for any period of time beyond the expiration of the extended term.
Term; Option to Extend. 2 4. POSSESSION....................................................... 4 5. RENT............................................................. 5
Term; Option to Extend. 6.1 The term of this Lease shall be for a period of six (6) years commencing on July 1, 2004, and terminating on June 30, 2010.
Term; Option to Extend. (a) The term of this Lease shall commence and, unless sooner terminated as hereinafter provided, shall end on the dates respectively specified in the Basic Lease Information. If Landlord shall permit Tenant to occupy the Premises prior to the date of term commencement, such occupancy shall be subject to all the terms of this Lease. If Landlord, for any reason whatsoever, cannot deliver possession of the Premises to Tenant on the date of term commencement, this Lease shall not be void or voidable, nor shall Landlord be liable to Tenant for any loss or damage resulting therefrom, but in that event, rental shall be waived for the period between commencement of the term and the time when Landlord delivers possession to Tenant. The date of term expiration shall be extended by the number of days of delay in delivery of possession and any additional period required so that it will expire on the last day of a calendar month, and the commencement and expiration dates shall be confirmed in a Verification Memorandum in the form of Exhibit B executed by Landlord and Tenant promptly following delivery of possession. Notwithstanding anything to the contrary contained herein, if Landlord has not delivered the Premises to Tenant on or before 15 days after Tenaxx xxxivers duly executed counterparts of this Lease to Landlord, then Tenant shall have the right within 10 days thereafter to cancel this Lease, and upon such cancellation, Landlord shall return all sums theretofore deposited by Tenant with Landlord, and neither party shall have any further liability to the other.
Term; Option to Extend. This Agreement will remain in effect until ACG Processes three million tons of Sand for GFES. GFES has the option to extend this Agreement for two additional three million tons of Processed Sand once ACG Processes the initial three million tons of Sand for GFES. GFES must make such election in writing to ACG on or before GFES’ consumption of 2.6 million tons of Sand.
Term; Option to Extend. Unless sooner terminated pursuant to the terms of ---------------------- this Agreement, the term of this Agreement (the "Term") shall commence on ---- the Effective Date and shall continue until December 31, 2005. The Parties may, by mutual written agreement, extend the Term of this Agreement for an additional year, and, in such case, the Term would be extended through December 31, 2006.
Term; Option to Extend. Unless sooner terminated pursuant to the terms of this Agreement, the term of this Agreement (the “Term”) shall commence on the Effective Date and shall continue until [*]. The Parties may, by mutual written agreement, extend the Term of this Agreement for an additional period of time.
