Lease Extension definition

Lease Extension means extension of the expiration date of a lease to provide for continued occupancy on a short term basis.
Sample 1Sample 2Sample 3
Lease Extension means extending the term of an existing lease.
Sample 1Sample 2Sample 3
Lease Extension at least 5 years prior to the end of the initial term, the Trust may elect to extend the term of the Prepaid Residential Lease for a minimum of 25 years and during such extension term each Owner will pay its proportionate share of the fair market rent relating to the Project Site (not including the Project building).
Sample 1Sample 2

Examples of Lease Extension in a sentence

  • The French Master Lease Extension Agreement shall become effective on the date stated therein (subject to the deemed extension provision in this Sub-Clause 3.1(e) (Extension/Renewal of Term)).

  • In the event LANDLORD agrees to any lease with a contracted term over 1 year, an additional Lease Extension fee of $300 is due upon execution above and beyond Leasing or Renewal Fee.

  • Any party delivering an executed counterpart of this First Lease Extension and Amending Agreement by facsimile or by electronic transmission shall, if requested, also deliver an originally executed counterpart within seven (7) days of the facsimile or electronic transmission.

  • Step 4 – Receive the Signed Lease Extension The agreement is in effect after you and the tenant sign the lease extension.

  • Agent shall promptly deliver to Lessor and each Participant three (3) copies of each Lease Extension Request received by Agent.


More Definitions of Lease Extension

Lease Extension shall be deleted and amended to read: LEASE EXTENSION If this Lease shall not have been terminated pursuant to any provisions hereof, then Tenant may, at Tenant's option, extend the term of this Lease for one (1) successive additional term of 35 XEROX Amendment to Lease June 1, 1994 page two three (3) years, commencing on the expiration of the original term, or the immediately preceding additional term as the case may be. Tenant may exercise such option by giving Landlord written notice at least six (6) months prior to the expiration of the original term, as the case may be and in the event Tenant has elected to exercise its option to lease additional space pursuant to Paragraph 25, the option provided for herein shall include such additional space. Upon the giving by Tenant to Landlord of such written notice the compliance by Tenant with the foregoing provisions of this Paragraph 16, this Lease shall be deemed to be automatically extended upon all the covenants, agreements, terms provisions and conditions, set forth in this Lease, except rental which: (a) During the extension option shall be limited to the base rent then in effect in the last year of the initial extended Lease term, and (b) Upon execution of this extension option, Landlord shall repaint the Demised premises with two (2) coats of prime quality paint; repainting shall be performed in a workmanlike manner with a minimum of interference with Tenant's normal business operations and replace all carpeting, with quality comparable to the initial installation, in the Demised premises and in any adjoining lobby/reception area, and except for such terms and conditions as shall be applicable during any additional term in connection with this Paragraph 16. If Tenant fails or omits to so give to Landlord the first written notice referred to above, it shall be deemed, without further notice and without further agreement between the parties hereto, that Tenant elected not to exercise the options granted Tenant pursuant to this Paragraph 16, to extend the term of this lease for additional periods.
Sample 1
Lease Extension is defined in Section 14.18 of the Participation Agreement.
Sample 1
Lease Extension means extension of the expiration date of a lease to provide for
Sample 1
Lease Extension is defined in Section 7.15(b).
Sample 1
Lease Extension shall have the meaning provided in Section 2.16(a) of the Participation Agreement.
Sample 1
Lease Extension. 4421 McLeod NE Albuquerque, NM Lessor: Don W McLeod McLeod Business Xxxxxxxxxx Lessee: North Star Research Xxxx. Xxxxxrx Xxxxr Original Lease: August 1, 1995 Extension Terms: 3 yexxx $00,000.00 early buy out by lessee Monthly Rates: 9/1/98--8/31/99 $4,320.70 9/1/99--8/31/2000 $4,450.32 9/1/2000--8/31/2001 $4,583.82 Lessor to pay $14,000.00 for carpet & VCT All other terms to be same as original lease dated August 1, 1995 /s/ Don W. McLeod 8/17/98 /s/ Richard J Adler ------------------------- --------------------------- McLeod Business Properties (lessor) North Star Research (lessee) 0001 JEFFERSON N.E. ALBUQUERQUE, NEW MEXICO 87109 (505) 883-5969 XXXXXX XXXXXXXX XXXXERTIES July 20,2001
Sample 1
Lease Extension shall have the meaning provided in Section 2.16(a) of the Participation Agreement. “Lease Extension Term” shall have the meaning provided in Section 2.16(a) of the Participation Agreement. “Lease Guaranty” shall mean that certain Guaranty, dated as of the Closing Date, from the Guarantor to the Beneficiaries (as defined therein), made in connection with the Overall Transaction. “Lease Supplement” shall mean each supplement to the Lease Agreement in the form attached to the Lease Agreement as Exhibit A thereto, delivered on the Base Term Commencement Date pursuant to Section 3.1 of the Participation Agreement. “Lease Term” shall have the meaning provided in Section 2.2 of the Lease.
Sample 1