Common use of Additional Premises Term Clause in Contracts

Additional Premises Term. Tenant shall lease the Additional Premises from Landlord for a period of forty-six (46) months (the “Additional Premises Term”) being coterminous with Tenant’s occupancy of the Original Premises. The Additional Premises Term shall commence on the Additional Premises Commencement Date and terminate, subject to Tenant’s Extension Option set forth in Section 32 of the Lease, on May 3 1, 2018, which date is the Expiration Date as set forth in the Lease.

Appears in 2 contracts

Sources: Lease Agreement (TELA Bio, Inc.), Lease Agreement (TELA Bio, Inc.)