Common use of Early Exercise of Renewal Option Clause in Contracts

Early Exercise of Renewal Option. (a) If Lessee expects to make Investments to the Leased Facility and one of the following conditions (each, an "Early Renewal Condition") has been satisfied, then Lessee may in accordance with this Section 14.3 exercise its option to renew this Facility Lease early:

Appears in 2 contracts

Samples: Washington I Facility Lease Agreement (Wisconsin Electric Power Co), Facility Lease Agreement (Wisconsin Electric Power Co)

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Early Exercise of Renewal Option. (a) If Lessee expects to make Investments to the Leased Unit 2 Facility and one of the following conditions (each, an "Early Renewal Condition") has been satisfied, then Lessee may in accordance with this Section 14.3 exercise its option to renew this Facility Lease early:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Wisconsin Energy Corp)

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Early Exercise of Renewal Option. (a) If Lessee expects to make Investments to the Leased Unit 1 Facility and one of the following conditions (each, an "Early Renewal Condition") has been satisfied, then Lessee may in accordance with this Section 14.3 exercise its option to renew this Facility Lease early:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Wisconsin Energy Corp)

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