Options to Extend definition

Options to Extend. Two (2) Options to Extend the Term of this Lease for successive periods of ten (10) years each, in accordance with Section 10.12 hereof.
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Options to Extend. As defined in Section 10.12.
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Options to Extend. As set forth in Section 3.03.
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Examples of Options to Extend in a sentence

  • If Tenant either fails or elects not to exercise the Option to Extend by not timely giving its Election Notice, then the Option to Extend shall be null and void, including, if more than one Option is granted, the then applicable Option to Extend and all further Options to Extend.

  • Tenant may only exercise the Options to Extend with respect to the entire Premises.

  • Unless Lessor otherwise agrees in writing, any purported assignment of the Lease by Lessee or any purported sublease by Lessee of any part of the Premises after the date Lessee purportedly exercised the Second Options to Extend and before commencement of the Second Extension Period shall automatically and retroactively cause said exercise to become null and void and of no force or effect, in which event the term of this Lease shall terminate and expire on November 30, 2005.

  • If notice of exercise of any Option to Extend is not timely given, all further Options to Extend shall automatically expire.

  • Tenant may only exercise the Options to Extend with respect to the entire Premises (including the Expansion Spaces).


More Definitions of Options to Extend

Options to Extend. – means the First Option to Extend, the Second Option to Extend and/or the Third Option to Extend, as applicable. “Original Loan Agreement” – shall have the meaning given to such term in the Recitals.
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Options to Extend. As defined in Section 10.12. ORDER OF CONDITIONS: Order of Conditions issued July 12, 1999 by the City of Cambridge Conservation Commission.
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Options to Extend means two (2) six-month options to extend the term of this Sublease on the same terms and conditions as the Initial Term, as defined in Section 2.2 below.
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Options to Extend means two (2) additional terms of five (5) years each.
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Options to Extend. Two Options to Extend for 5 years each OPTION RENT: Fair Market Value, not less than prior month's Base Rent, except as modified by Article 10 INITIAL BASE RENT: $177,400 per month ANNUAL RENT ADJUSTMENT: 4% over previous Lease year's Base Rent LIABILITY INSURANCE: Five Million Dollars ($5,000,000) SECURITY DEPOSIT: Letter of Credit for Three Million Dollars ($3,000,000.00)
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Options to Extend. Tenant has one (1) three (3)-year options to extend the term of the lease subject to the terms of paragraph 28, "Options".
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Options to Extend. One extension for sixty (60) months. Second extension for sixty (60) months.
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