First Renewal Term Expiration Date definition
Examples of First Renewal Term Expiration Date in a sentence
Lessee and Lessor acknowledge and agree that Lessee exercised the first All Facilities Option pursuant to the Third Amendment such that, as of the date of this Amendment, the Expiration Date of the current Term of this Lease for all of the Facilities, including the Texas Facilities, is the First Renewal Term Expiration Date of September 30, 2018.
The Initial Term Expiration Date, the First Renewal Term Expiration Date or the Second Renewal Term Expiration Date, as applicable.
Section 33.2 (a) Provided that all of the conditions precedent set forth in this Article 33 are fully satisfied, Tenant may elect to lease the Premises (or the Renewable Portion) for the applicable Renewal Term by delivering notice to Landlord (the “Renewal Notice”), which is no later than the date (the “Outside Exercise Date”) which is twenty (20) months prior to (i) the Expiration Date of the initial Term of this Lease or (ii) the First Renewal Term Expiration Date, as the case may be.
The Second Renewal Term shall commence (the “Second Renewal Term Commencement Date”) on the day after the First Renewal Term Expiration Date and shall terminate on the fifth (5th) anniversary of the First Renewal Term Expiration Date (the “Second Renewal Term Expiration Date”).
The First Renewal Term shall commence on the date immediately following the Expiration Date (the "First Renewal Term Commencement Date") and shall terminate on the fifth (5th) anniversary of the Expiration Date (the "First Renewal Term Expiration Date").
Tenant must give notice to Landlord of its intention to also renew the term of this Lease for the Second Renewal Term no later than the date which is one (1) year prior to the First Renewal Term Expiration Date.
If Tenant fails to provide Landlord with the Second Option Notice on or before the date that is nine (9) months prior to the First Renewal Term Expiration Date, time being of the essence hereunder, said option to extend the Term for the Second Renewal Term shall terminate and be of no further force or effect and Tenant shall have no further right to extend or renew this Lease.
The Renewal Options shall be exercisable by Notice (in either case, the “Renewal Notice”) to Landlord given not later than eighteen (18) months prior to the Fixed Expiration Date (with respect to the First Renewal Option) or the First Renewal Term Expiration Date (with respect to the Second Renewal Option).
The Second Renewal Term shall commence on the day immediately after the First Renewal Term Expiration Date (the “Second Renewal Term Commencement Date”) and shall terminate at 11:59 p.m. on the fifth (5th) anniversary of the First Renewal Term Expiration Date.
The Second Renewal Term shall commence on the date immediately following the First Renewal Term Expiration Date (the "Second Renewal Term Commencement Date") and shall terminate on the fifth (5th) anniversary of the First Renewal Term Expiration Date (the "Second Renewal Term Expiration Date").