Common use of Extension of Initial Term Clause in Contracts

Extension of Initial Term. (a) The initial term of the Lease is hereby extended for a period of thirty-six (36) calendar months and seventeen (17) days commencing on March 15, 2005 and ending on April 30, 2008 (the “Extension Term”). The 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 Extension Term shall be as set forth in Paragraph 3 hereof.

Appears in 1 contract

Samples: Lease Extension Agreement (Depomed Inc)

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Extension of Initial Term. (a) The initial term of the Lease is hereby extended for a period of thirty-six fourteen (3614) calendar months and seventeen (17) days commencing on March 15May 1, 2005 2008 and ending on April June 30, 2008 2009 (the “Second Extension Term”). The Second 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 Second Extension Term shall be as set forth in Paragraph 3 hereof.

Appears in 1 contract

Samples: Second Lease Extension Agreement (Depomed Inc)

Extension of Initial Term. (a) The initial term of the Lease is hereby extended for a period of thirty-six fourteen (3614) calendar months and seventeen (17) days commencing on March 15May 1, 2005 2008 and ending on April June 30, 2008 2009 (the “Extension Term”). The 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 Extension Term shall be as set forth in Paragraph 3 hereof.

Appears in 1 contract

Samples: Lease Extension Agreement (Depomed Inc)

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Extension of Initial Term. (a) The initial term of the Lease is hereby extended for a period of thirty-six one (3631) calendar months and seventeen (17) days commencing on March 15July 1, 2005 2009 and ending on April 30January 31, 2008 2012 (the “First Extension Term”). The First 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 First Extension Term shall be as set forth in Paragraph 3 hereof.

Appears in 1 contract

Samples: First Lease Extension Agreement (Depomed Inc)

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