Renewal Option Notice Date definition

Renewal Option Notice Date means, with respect to any Renewal Option, the date on which Tenant sends Tenant’s Renewal Notice to Landlord as provided in Section 1.4.
Sample 1Sample 2Sample 3

Examples of Renewal Option Notice Date in a sentence

  • Within seventy-five (75) days following the Renewal Option Notice Date (or, if later, within fifteen (15) days following the date on which either Landlord or Tenant notifies the other party in writing that such notifying party desires to have the Annual Basic Rent for a Renewal Term determined by appraisal), Landlord and Tenant shall each select and engage an Appraiser to determine the Fair Market Rental Value of the Renewal Premises.

  • Within seventy-five (75) days following the Renewal Option Notice Date (or, if later, within fifteen (15) days following the date on which either Landlord or Tenant notifies the other party in writing that such notifying party desires to have the annual Basic Rent for a Renewal Term determined by appraisal), Landlord and Tenant shall each select and engage an Appraiser to determine the Fair Market Rental Value of the Renewal Properties.

  • Within seventy-five (75) days following the Renewal Option Notice Date for the applicable Extended Renewal Term (or, if later, within fifteen (15) days following the date on which either Landlord or Tenant notifies the other party in writing that such notifying party desires to have the Annual Basic Rent for a Extended Renewal Term determined by appraisal), Landlord and Tenant shall each select and engage an Appraiser to determine the Fair Market Rental Value of the Renewal Premises.

  • So long as no default or Event of Default shall have occurred and be continuing on the Renewal Option Notice Date, as defined below, or on the last day of the Primary Term or, with respect to the second Renewal Term, on the last day of the initial Renewal Term, Lessee shall have the option to extend and renew the Term of this Lease with respect to all but not less than all of the Premises for a Renewal Term (each, a "Renewal Option").

  • If Tenant is considering exercising a Renewal Option, Tenant shall notify Landlord of such interest by delivering written notice to Landlord on a date not more than eighteen (18) months nor less than twelve (12) months prior to the expiration of the Initial Term or the immediately preceding Renewal Term, as the case may be (hereinafter referred to as the "Renewal Option Notice Date"), designating the length or lengths of Renewal Terms being considered by Tenant.

  • Tenant shall make such election by irrevocable written notice to Landlord on or before June 30, 2009 (the "Initial Renewal Option Notice Date").

  • Lessee shall make such election by irrevocable written notice to Lessor on or before six (6) months prior to the expiration of the Primary Term or the initial Renewal Term, as the case may be (each, a "Renewal Option Notice Date").

  • On or before the date thirty (30) days following receipt of the Renewal Option Notice Date, Landlord shall deliver to Tenant a notice ("LANDLORD'S RENEWAL NOTICE") of Landlord's reasonable good faith estimate of the Market Rate for the Leased Premises for such Renewal Terms.

  • Tenant shall make such election by irrevocable written notice to Landlord on or before June 30, 2014 (the "Second Renewal Option Notice Date").

  • On or before the date thirty (30) days following receipt of the Renewal Option Notice Date, Landlord shall deliver to Tenant a notice ("Landlord's Renewal Notice") of Landlord's reasonable good faith estimate of the Market Rate for the Leased Premises for such Renewal Terms.

Related to Renewal Option Notice Date

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Renewal Option has the meaning set forth in §12.1.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Purchase Option Notice As defined in Section 3.18(e).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Transfer Notice Date has the meaning given to it in Section 2.06.

  • Extension Notice has the meaning specified in Section 308.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Renewal Notice As defined in Section 1.4(a).

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Put Notice Date means the Trading Day, as set forth below, immediately following the day on which the Investor receives a Put Notice, however a Put Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 9:00 am Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 9:00 am Eastern Time on a Trading Day. No Put Notice may be deemed delivered on a day that is not a Trading Day.

  • Option to Extend has the meaning given that term in Section 2.13.

  • Notice Date has the meaning specified in Section 2.15(b).

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).