First Renewal Notice definition

First Renewal Notice shall have the meaning given to such term in Paragraph 3(b).
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First Renewal Notice defined in Section 12.
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Examples of First Renewal Notice in a sentence

  • Time is of the essence with respect to the giving of the First Renewal Notice.

  • If Tenant shall send the First Renewal Notice within the time and in the manner herein provided, this Lease shall be deemed renewed for the First Renewal Term upon the terms, covenants and conditions in this Lease contained, with the exception of Fixed Rent.

  • Tenant shall specify in the First Renewal Notice whether Tenant elects the Ten Year Renewal Term or the First Five Year Renewal Term (failing which Tenant shall have been deemed to have elected the Ten Year Renewal Term).

  • If Tenant shall fail to deliver to Landlord the First Renewal Notice or the Second Renewal Notice exactly as and when required under this Section, the Renewal Options shall terminate immediately and shall have no further force or effect.

  • Significant events subsequent to June 30, 2009 are described in Note 13 to our unaudited condensed consolidated financial statements included elsewhere herein.

  • The First Renewal Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the First Renewal Notice, and Tenant shall execute and return the First Renewal Amendment to Landlord within 15 days after Tenant’s receipt of same.

  • Landlord shall, within five (5) days of receipt of Tenant’s First Renewal Notice, deliver a Lease amendment solely documenting the new terms for the First Renewal Option as set forth above.

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  • Provided Tenant exercises its first option to renew the Term, notice of the exercise of the second Renewal Term shall be given by Tenant to Landlord in writing (the “Second Renewal Notice” and with the First Renewal Notice, each a “Renewal Notice”) no earlier than December 31, 2030 nor later than December 31, 2031 (the “Second Notice Date” and with the First Notice Date, each a “Notice Date”).

  • The Landlord and the Tenant covenant and agree that upon receipt of the First Renewal Notice by the Landlord, the Tenant shall be obligated to lease the Premises from the Landlord and the Landlord shall be obligated to lease the Premises to the Tenant on the terms and conditions set forth in this paragraph 7.34.

Related to First Renewal Notice

  • Renewal Notice As defined in Section 1.4(a).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Renewal Option has the meaning set forth in §12.1.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Second Notice means notice to the Class in a form to be approved by the Court, which shall substantially be in accordance with the notice at Schedule “E”.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Notice of Renewal has the meaning specified in Section 2.01(b).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • ROFO Notice is defined in Section 6.2(a).

  • Extension Notice has the meaning specified in Section 308.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Initial Notice shall have the meaning set forth in Section 7.1.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Mediation Notice is defined in Section 6.2(b).

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).