Third Extension Term definition

Third Extension Term shall have the meaning set forth in Section 2.3.3(b) below.

Third Extension Term has the meaning set forth in Section 2.5(B).

Third Extension Term. Defined in Section 3.07(a).

Examples of Third Extension Term in a sentence

• Lessor shall continue to hold the Security Deposit during the remainder of the initial term and during the Third Extension Term pursuant to Paragraph 7 of the Lease.

• The Scheduled Maturity Date, as the same may be extended for the First Extension Term, the Second Extension Term, or the Third Extension Term (subject to the terms and conditions of Section 2.5(B) of the Mezzanine Loan Agreement), or such other date on which the final payment of the Debt becomes due hereunder or under the Mezzanine Loan Agreement or the other Mezzanine Loan Documents, whether at such stated maturity date, by acceleration, or otherwise, shall be referred to herein as the "MATURITY DATE".

• Base Rent during the Third Extension Term shall be One and 95/100 Dollars ($1.95) per square foot of Rentable Area of the Premises per month; provided, however, that Tenant’s obligation to pay Base Rent during the first (1st) month of the Third Extension Term (the “Base Rent Abatement Period”) shall be abated.

• The Third Extension Term shall be upon all of the same terms and conditions of the Lease, except that the Monthly Base Rent payable by Lessee to Lessor during the Third Extension Term shall be as set forth in Paragraph 3 hereof.

• On each anniversary of the Third Extension Term Commencement Date during the Third Extension Term, the Base Rent shall increase by three percent (3%) over the Base Rent of the previous Lease Year.

• Buyer shall have the option to approve or reject any or all of the items on Seller’s list, as determined in its discretion on or before the first day of the Second Extension Term or the Third Extension Term, as applicable.

• In addition to the Monthly Base Rent payable by Lessee pursuant to Paragraph 3 above, Lessee shall pay to Lessor during the Third Extension Term, as Additional Rent, Operating Expenses and Taxes pursuant to Paragraph 5 of the Lease.

• During the Third Extension Term (including, without limitation, during the Base Rent Abatement Period), Tenant shall continue to pay (a) Tenant’s Pro Rata Share of Operating Expenses, (b) the Property Management Fee and (c) any other amounts set forth in the Amended Lease.

• The period commencing on January 20, 2013 and ending on the Term Expiration Date shall be referred to herein as the “Third Extension Term.” The term “Term”, as used in the Amended Lease, shall refer to the Term as extended by the Third Extension Term.

• Except as modified herein, the Company and Consultant agree that all of the provisions of the Agreement, the Extension and the Second Extension are incorporated herein and shall apply to the Consultancy during the Third Extension Term with the same force and effect as if forth herein.

More Definitions of Third Extension Term

Third Extension Term means the period beginning on the end of the Second Extension Term and ending on the [***] thereof.

Third Extension Term is defined in Section 2.03(c).

Third Extension Term is defined in Section 2.4(d) hereof.

Third Extension Term means the time period commencing on the day after the Second Extended Maturity Date and ending on the Third Extended Maturity Date.