Common use of Terms of Extension Clause in Contracts

Terms of Extension. In the event the applicable option is exercised in a timely fashion, the Lease shall be extended for the term of the applicable extension period upon all of the terms and conditions of this Lease.

Appears in 3 contracts

Samples: Iv Lease (Jazz Semiconductor Inc), Iv Lease (Jazz Semiconductor Inc), Jazz Semiconductor Inc

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Terms of Extension. In the event the applicable option is exercised in a timely fashion, the Lease shall be extended for the term of the applicable extension period upon all of the terms and conditions of this Lease.. ARTICLE 16

Appears in 1 contract

Samples: Jazz Semiconductor Inc

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