Common use of Extension Rent Clause in Contracts

Extension Rent. All of the terms, provisions, covenants, and conditions of this Lease shall continue to apply during the Extension Period, except that the Annual Base Rent shall be the fair market rent being paid in the vicinity of the Premises in Cambridge, Massachusetts, for leases with five-year terms commencing as of the beginning of the Extension Period, for space comparable to the Premises, used for the Permitted Uses and with rights and obligations comparable to those of Tenant under this Lease (the "Extension Rent").

Extension Rent. All of the terms, provisions, covenants, and conditions of this Lease shall continue to apply during the Extension Period, except that the Annual Base Rent shall be the fair market rent being paid in the vicinity of the Premises in Cambridge, Massachusetts, for leases with five-year terms commencing 12 as of the beginning of the Extension Period, for space comparable to the Premises, used for the Permitted Uses and with rights and obligations comparable to those of Tenant under this Lease (the "Extension Rent").