Renewal Option definition

Renewal Option has the meaning set forth in §12.1.

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Renewal Option is defined in Section 4.3.

Renewal Option is defined in Section 19.1(a) of the Lease.

Examples of Renewal Option in a sentence

• For avoidance of doubt, the Renewal Option described in Section 3 of Exhibit G to the Original Lease, and as amended by Section 8 of the First Amendment, will apply to the Current Premises, as expanded by the addition of the Suite 1400 Expansion Space.

• For avoidance of doubt, the Renewal Option described in Section 3 of Exhibit G to the Lease will apply to the Current Premises, as expanded by the addition of the Expansion Space.

• Tenant shall execute and return the Renewal Amendment to Landlord within fifteen (15) business days after ▇▇▇▇▇▇’s receipt of same, but an otherwise valid exercise of the Renewal Option shall be fully effective whether or not the Renewal Amendment is executed.

• If Tenant is entitled to and properly exercises the Renewal Option, Landlord shall prepare an amendment (the “Renewal Amendment”) to reflect changes in the Base Rent, Base Year, term, termination date and other appropriate terms.

More Definitions of Renewal Option

Renewal Option shall have the meaning set forth in Section 42.1.

Renewal Option has the meaning given in Section 25.1(a).

Renewal Option. Defined in Section 37.A hereof.

Renewal Option shall have the meaning specified in Section 21.1 of the Lease.

Renewal Option means each of the options to allow the Term of this Lease to be extended for a Renewal Term, as more particularly described in Section 2.2 of this Lease.

Renewal Option. As defined in Section 1.3(b).

Renewal Option means a provision under which the service provider has a legally enforceable right to renew the contract. Thus, for example, a provision under which a contract is automatically renewed for one-year periods absent cancellation by either party is not a renewal option, even if it is expected to be renewed.