Common use of Condition of Premises for the Extended Terms Clause in Contracts

Condition of Premises for the Extended Terms. If Tenant timely and properly exercises this Option, in strict accordance with the terms contained herein: (1) Tenant shall accept the Leased Premises in its then “As-Is” condition and, accordingly, (2) Landlord shall not be required to perform any additional improvements to the Leased Premises

Appears in 3 contracts

Samples: Lease Agreement (Dermira, Inc.), Lease Agreement (Dermira, Inc.), Lease Agreement (Dermira, Inc.)

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Condition of Premises for the Extended Terms. If Tenant timely and properly exercises this Option, the Extension Option in strict accordance with the terms contained herein: (1) Tenant shall accept the Leased Premises in its then “As-Is” condition andsubject to Landlord’s repair, accordinglyreplacement, and maintenance obligations under the Lease, and (2) Landlord shall not be required to perform any additional improvements to the Leased Premises.

Appears in 1 contract

Samples: To Lease (Dermira, Inc.)

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