Third Extension Option definition

Third Extension Option shall have the meaning set forth in Section 5(a).

Third Extension Option. 2.7.1 “Transfer” – 4.2.3

Third Extension Option. 2.7.1 “Transfer” - 4.2 “Transfer and Assumption” - 7.1.2 “Transferee Borrower” - 7.1.2 “Underwriter Group” - 9.2(b) “Updated Information” - 9.1(b)(i)

Examples of Third Extension Option in a sentence

• In the event Mezzanine Borrower shall have exercised the Second Extension Option, Mezzanine Borrower shall have the option (the Third Extension Option), by irrevocable written notice (the Third Extension Notice) delivered to Mezzanine Lender no later than thirty (30) days prior to the Second Extended Maturity Date, to extend the Second Extended Maturity Date to November 12, 2012 (the Third Extended Maturity Date).

• In the event Borrower shall have exercised the Second Extension Option, Borrower shall have the option (the Third Extension Option), by irrevocable written notice (the Third Extension Notice) delivered to Lender no later than thirty (30) days prior to the Second Extended Maturity Date, to extend the Second Extended Maturity Date to November 12, 2012 (the Third Extended Maturity Date).

• Lessee shall have an additional right to extend the Term for one three (3) month period from the then applicable Scheduled Expiry Date in accordance with the terms and conditions set forth in this Section 2.3 (the “Fourth Extension Option,” and together with the First Extension Option, Second Extension Option and Third Extension Option, the “Extension Options”).

• Section 6.2 (Third Extension Option) of the Second Amendment is hereby deleted in its entirety and is of no further force or effect.

• If Tenant timely and properly exercises its Second Extension Option, the Lease Term shall be extended for the Second Extension Period upon all of the terms and conditions set forth in the Lease, as amended, except that the Base Rent for the Second Extension Period shall be as provided in Section 51.3(a) and Tenant shall have no further options to extend the Lease Term except for the Third Extension Option.

More Definitions of Third Extension Option

Third Extension Option. 2.7.1 “Transfer” - 4.2 “Transferee Borrower” - 7.1(a) “TRS Lessee” -7.1(e) “Underperforming Replacement” - 4.14.2(c) “Underwriter Group” - 9.2(b) “Updated Information” - 9.1(b)(i)

Third Extension Option. 2.7.1 “Transfer” - 4.2 “Transferee Borrower” - 7.1(a)

Third Extension Option. 2.7.1 “Transfer” - 4.2 “Underwriter Group” - 9.2(b) “Updated Information” - 9.1(b)(i)

Third Extension Option. The meaning specified in Section 2.7.”

Third Extension Option. As defined in Section 5.3 of this Agreement.

Third Extension Option has the meaning given to that term in paragraph (c)(ii) of Clause 7.2 (Extension Options).

Third Extension Option shall have the meaning set forth in SECTION 5(a).