Options to Renew. 2 option(s) to renew, each for a term of five (5) years etc. First Month's Prepaid Rent: $99,792.00 Tenant's Security Deposit: $130,032.00

Options to Renew. 1 option to renew for a term of five (5) years.

Options to Renew. Two (2) two five (5) year options pursuant to the provisions of Exhibit "H" attached hereto.

Examples of Options to Renew in a sentence

If Tenant fails to validly exercise an Option to Renew, the Tenant shall be deemed, for all legal purposes, to have renounced to exercise all Options to Renew which have not yet been exercised, and these Options to Renew together with the provisions of this Section shall ipso facto become null and void and of no further effect, and the Lease shall terminate at the expiry date of the then current Term, without any rights or recourses whatsoever of the Tenant against the Landlord related thereto.
A Cost Proposal must be submitted for each contract year and any Options to Renew.
The term of this Agreement shall commence on the date first written above and shall end 1 year thereafter, with 4 one-year Options to Renew at the sole discretion of the Authority, subject to the other provisions of this Agreement.
The Town reserves the right to exercise its option to extend the Contract for up to ninety (90) calendar days beyond the original Contract period, inclusive of any Options to Renew exercised by the Town.
The hours of operation and service frequency for the UPRR Rail Alternative are assumed to be the same as the current Red Line.

More Definitions of Options to Renew

Options to Renew. Tenant shall have two 3-year options to renew its Lease at a rate to be negotiated. Renewal terms shall commence June 1, 2007 and June 1, 2010. Tenant must advise Landlord of its intention to exercise its option to renew not later than December 1, 2006 for the first option, and December 1, 2009 for the second renewal period. Rental rate shall be negotiated between the parties to reflect the then prevailing market rate. In the event the parties are unable to negotiate an agreed rental rate by February 1, 2007 for the first renewal period, and February 1, 2010 for the second renewal period, the MAI appraisal firm of Schenberger, Taylor, XxXxxxxxx & Xxxxxx, or its successor firm, shall be retained by both parties to set the rental rate. In the event

Options to Renew. Two (2) option(s) to renew, each for a term of five (5) years at 95% of Fair Market Value. Partial First Month's Prepaid Rent: $50,000, with credit given for $25,000 paid to Landlord by Tenant prior to execution of this Lease (to be applied to the first month in which Base Monthly Rent is due)

Options to Renew. One (1) option to renew for a term of five (5) years. First Month's Prepaid Rent: $26,129.03 [plus estimated triple-net expenses] (prorated) Tenant's Security Deposit: $202,500.00 Late Charge Amount: Five Percent (5%) of the Delinquent Amount Tenant's Required Liability Coverage: $3,000,000 Combined Single Limit Tenant's Broker(s): Cxxxxxx & Wakefield Landlord's Broker(s): BT Commercial Property: That certain real property situated in the City of Santa County of Santa Cxxxx, State of California as presently improved with one (1) building(the "Building"), which real property is shown on the Site Plan attached as Exhibit "A" and is commonly known as or otherwise described as follows: 2000 Xxxxxxxxx Xxxxx, Xxxxx Xxxxx, Xxxxxxxxxx.

Options to Renew. One (1) option to renew for a term of five (5) years. First Month's Prepaid Rent: $26,129.03 [plus estimated triple-net expenses] (prorated) Tenant's Security Deposit: $202,500.00 Late Charge Amount: Five Percent (5%) of the Delinquent Amount Tenant's Required Liability Coverage: $3,000,000 Combined Single Limit Tenant's Broker(s): Cushman & Wakefield Landlord's Broxxx(x): BT Commercial Property: That certain real property situated in the City of Santa Clara, County of Santa Clara, Stxxx xf California as pxxxxxtly improved with one (1) building(the "Building"), which real property is shown on the Site Plan attached hereto as Exhibit "A" and is commonly known as or otherwise described as follows: 2525 Augustine Drive, Santa Clara, Xxxxxxxxxx.

Options to Renew. N/A FIRST MONTH'S PREPAID RENT: $26,605, plus the sum of $2,504 as estimated triple net expenses.

Options to Renew. Two option(s) to renew, each for a term of five (5) years. First Month's Prepaid Rent $146,414.55 [plus estimated Operating Expenses] and Operating Expenses:

Options to Renew. Two (2) options to renew, each for a term of thirty-six (36) months. Prepaid Rent: $61,921.00, to be applied to the payment of Base Monthly Rent as set forth in Paragraph 3.6 of this Lease. Letter of Credit: $266,260.00 Tenant’s Broker: CB Xxxxxxx Xxxxx Property: That certain real property situated in the City of Sunnyvale, County of Santa Xxxxx, State of California, as presently improved with two (2) buildings, which real property is legally described on Exhibit “A” and is commonly known as Bordeaux Centre, including the Building and that certain other building commonly known as 0000 Xxxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxxxx (the “Adjacent Building”). Building: That certain building on the Property in which the Leased Premises are located commonly known as 1376 Xxxxxxxx Xxxxx, Xxxxxxxxx,