Extension Term definition

Extension Term means the time period defined in §2.C.

Extension Term shall have the meaning set forth in Section 2(b).

Extension Term means the time period defined in §2.C

Examples of Extension Term in a sentence

• Whereas Tenant is currently in Second Extension Term without any obligation on the part of Landlord to perform any additions, alterations, or demolition in the Premises.

• During the First Extension Term, Tenant shall continue to pay Additional Rent and all others amounts (other than Monthly Base Rent) in accordance with the terms of the Lease, except the “Controllable CAM Charges” provision in Section 3 of Exhibit “C” to the Lease shall be deemed deleted from the Lease.

• The Second Extension Term shall be upon all of the same terms and conditions of the Lease in effect immediately preceding the Second Extension Term Commencement Date, except as set forth in this Amendment.

• If this Participating Addendum approaches the end of its Initial Term, or any Extension Term then in place, the State, at its discretion, upon written notice to Contractor’s primary contact listed in §5 of the Participating Addendum and in accordance with §5 of this Participating Addendum, may unilaterally extend such Initial Term or Extension Term for a period not to exceed 2 months (an “End of Term Extension”), regardless of whether additional Extension Terms are available or not.

• The Term of the Lease is hereby extended for an additional period of one hundred eight (108) months (the "Second Extension Term"), commencing on January 1, 2026 (the "Second Extension Term Commencement Date") and expiring on December 31, 2034 (the "Second Extension Term Expiration Date"), unless sooner terminated in accordance with the Lease.

More Definitions of Extension Term

Extension Term means the period of time by which the Grant Expiration Date is extended by the State through delivery of an updated Grant Award Letter

Extension Term has the meaning set forth in Section 3.02.

Extension Term has the meaning set forth in Section 2.1.

Extension Term has the meaning set forth in Section 4.2.

Extension Term shall have the meaning set forth in Section 8.1.2.

Extension Term means the period of time by which the Grant Expiration Date is extended by the State through delivery of an updated Grant Award Letter, an amendment, or an Option Letter.

Extension Term is defined in Section 3.1(b).