Common use of Terms of Renewed Lease Clause in Contracts

Terms of Renewed Lease. The renewed lease will be on the same terms as this lease but will exclude this present term for renewal unless further Renewal Term(s) are specified in the first schedule. If so, the renewed lease will contain rights to renew for those further Renewal Term(s) to the same effect as clauses 2.1 – 2.5 (inclusive). The Term will never expire later than the Final Expiry Date.

Appears in 7 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Terms of Renewed Lease. The renewed lease will be on the same terms as this lease but will exclude this present term for renewal unless further Renewal Term(s) are specified in the first scheduleSchedule 1. If so, the renewed lease will contain rights to renew for those further Renewal Term(s) to the same effect as clauses 2.1 – 2.5 (inclusive). The Term will never expire later than the Final Expiry Date.

Appears in 1 contract

Samples: Lease Agreement

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Terms of Renewed Lease. The renewed lease will be on the same terms as this lease but will exclude this present term for renewal unless further Renewal Term(s) are specified in the first schedule. If so, the renewed lease will contain rights to renew for those further Renewal Term(s) to the same effect as clauses 2.1 – 2.5 (inclusive). The Term will never expire later than the Final Expiry Date.Renewal

Appears in 1 contract

Samples: Ground Lease

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