Common use of Extension Right Clause in Contracts

Extension Right. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 5 years (an “Extension Term”) on the same terms and conditions as this Lease (other than with respect to Base Rent and the Work Letter) by giving Landlord written notice of its election to exercise the Extension Right at least 9 months prior to the expiration of the Base Term of the Lease.

Appears in 1 contract

Sources: Lease Agreement (Revolution Medicines, Inc.)

Extension Right. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 5 years (an the “Extension Term”) on the same terms and conditions as this Lease (other than with respect to Base Rent and the Work Letter) by giving Landlord written notice of its election to exercise the Extension Right at least 9 12 months but no earlier than 15 months prior to the expiration of the Base Term of the Lease.

Appears in 1 contract

Sources: Lease Agreement (Relay Therapeutics, Inc.)

Extension Right. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 5 years (an “Extension Term”) on the same terms and conditions as this Lease (other than with respect to Base Rent and the Work Letter) by giving Landlord written notice of its election to exercise the Extension Right at least 9 months prior and no earlier than 12 months prior to the expiration of the Base Term of the Lease.

Appears in 1 contract

Sources: Lease Agreement (Elan Corp PLC)

Extension Right. Tenant shall have 1 the right (an “Extension Right”) to extend the term of this Lease for 5 years (an “Extension Term”) on the same terms and conditions as this Lease (other than with respect to Base Rent and the Work LetterRent) by giving Landlord written notice of its election to exercise the Extension Right at least 9 months prior prior, and no earlier than 12 months prior, to the expiration of the Base Term of the this Lease.

Appears in 1 contract

Sources: Lease Agreement (Genvec Inc)

Extension Right. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 5 years (an the “Extension Term”) on the same terms and conditions as this Lease (other than with respect to Base Rent and the Work Letter) by giving Landlord written notice of its election to exercise the Extension Right at least 9 months prior to the expiration of the Base Term of the Lease.. ***Confidential Treatment Requested*** 38 ***Text Omitted and Filed Separately with the Securities and Exchange Commission Confidential Treatment Requested Under

Appears in 1 contract

Sources: Lease Agreement