Second Renewal Notice definition

Second Renewal Notice shall have the meaning as set out in Clause 9.3.4.
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Second Renewal Notice has the meaning set forth in Section 10(b) of this Sublease.
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Second Renewal Notice defined in Section 13.
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Examples of Second Renewal Notice in a sentence

  • Landlord shall, within five (5) days of receipt of Tenant’s Second Renewal Notice, deliver a Lease amendment solely documenting the new terms for the Second Renewal Option as set forth above.

  • In the event Tenant fails to deliver the First Renewal Notice or Second Renewal Notice, as the case may be, within the time periods set forth above, time being of the essence with respect to Tenant’s exercise thereof, Tenant’s right to extend the term hereof shall automatically terminate, be null and void, and be of no further force and effect.

  • If the Second Renewal Notice is for less than the entire Premises then leased by Tenant, Tenant shall include in its Second Renewal Notice a description of the approximate size and location of the space Tenant proposes to return to Landlord.

  • Tenant shall have the option (the “Second Renewal Option”) to extend the Term of this Lease as to the Second Renewal Premises for either five (5) years or ten (10) years at Tenant’s election (such election to be made and set forth in the Second Renewal Notice) commencing upon the expiration of the First Renewal Term (the “Second Renewal Term”).

  • Landlord's within ten (10) days of receipt of Tenant's First or Second Renewal Notice, as the case may be, shall deliver to Tenant a written notice of Landlord's determination of the Market Based Rental Rate ("LANDLORD'S OFFER").

  • If Tenant fails to give Tenant’s Notice or to rescind Tenant’s Second Renewal Notice within such fifteen (15) day period, then Tenant shall be deemed to have accepted Landlord’s Determination.

  • Within fifteen (15) days following receipt by Landlord of the Second Renewal Notice, Landlord shall deliver written notice to Tenant (the “Rent Notice”) of Landlord’s determination of the Fair Market Rate for the Premises applicable to the Second Renewal Term (“Landlord’s Determination”).

  • Time is of the essence with respect to the giving of a Pre-Exercise Estimate Request, 144 if Tenant chooses to make such request, and nothing contained in this Section 33.04 shall be deemed to extend or affect the date by which Tenant is required to give the First Renewal Notice or the Second Renewal Notice.

  • TIME SHALL BE OF THE ESSENCE with respect to the giving of the Second Renewal Notice by Tenant to Landlord.

  • If Tenant shall fail to deliver to Landlord the First Renewal Notice or the Second Renewal Notice exactly as and when required under this Section, the Renewal Options shall terminate immediately and shall have no further force or effect.

Related to Second Renewal Notice

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

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

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

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

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

  • Notice of Renewal has the meaning specified in Section 2.01(b).

  • Extension Notice has the meaning specified in Section 308.

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

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

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

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

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

  • Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.

  • Non-Renewal shall have the meaning set forth in Paragraph 2(b) hereof.

  • Commencement Notice means a written notice, given by any Secured Party to the other Secured Parties in accordance with the notice provisions set forth in the Securities Purchase Agreement, pursuant to which such Secured Party notifies the other Secured Parties of the existence of one or more Events of Default and of such Secured Party’s intent to commence the exercise of one or more of the remedies provided for under this Agreement with respect to all or any portion of the Collateral as a consequence thereof, which notice shall incorporate a reasonably detailed description of each Event of Default then existing and of the remedial action proposed to be taken.

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

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Notice of Extension has the meaning specified in Section 2.20.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • 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;

  • Mediation Notice is defined in Section 6.2(b).

  • 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.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.