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.
Options to Extend. As defined in Section 10.12.
Options to Extend. As set forth in Section 3.03.

Examples of Options to Extend in a sentence

  • The term of this Contract will be Twenty-Four (24) Month Term & Supply Contract with Three (3) 12-Month Options to Extend, subject to available funding and Legislative approval.

  • Such Options to Extend shall be exercised by Tenant giving written notice to Landlord of its intention to exercise the Option to Extend no earlier than two (2) years prior to the expiration of the original Term or the Option Term then in effect (as applicable) and no later than one hundred and eighty (180) days prior to the expiration of the original Term or the Option Period then in effect (as applicable).

  • In the event that the Company fails to satisfy the criteria to meet a particular Milestone then, in addition to the payment of the Base Amount pursuant to the Agreement, and subject to the Options to Extend, a Supplemental Payment shall be made to the Agency as provided in Section 8.5 of the Agreement.

  • Any extended term of this Lease shall be on the same terms and conditions as the initial Term hereof, except as to the term thereof, the calculation of Rent and except that there shall be no other right to extend the Term beyond the five (5) years in the Options to Extend and Minimum Annual Rent shall be as set forth below.

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


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.
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.
Options to Extend. Tenant has two (2) Options to Extend the term of this Lease for a period of five (5) years each, as provided for in Section 25.
Options to Extend. One (1) five (5) year term PERMITTED USES: General office, research and development, laboratory and light manufacturing.
Options to Extend. Annual Renewal Option Based on TUP renewal.
Options to Extend. None PERMITTED USES: General office, research and development, laboratory and light manufacturing. PREMISES: Approximately 41,132 r.s.f. of space in the Building, as shown on EXHIBIT A.
Options to Extend. First option to extend term: 5 years beginning November 1, 2006 Last day to exercise option: October 31, 2005 Second option to extend: 5 years beginning November 1, 2011 Last day to exercise option: October 31, 2010 See Paragraph 2.02