Common use of Extension Rights Clause in Contracts

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 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 3 contracts

Samples: Lease Agreement (Kala Pharmaceuticals, Inc.), Lease Agreement (Kala Pharmaceuticals, Inc.), Lease Agreement (Kala Pharmaceuticals, Inc.)

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Extension Rights. Tenant shall have 1 right 2 consecutive rights (each, an “Extension Right”) to extend the term of this Lease for 2 5 years each (each, 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 each Extension Right at least 9 months prior prior, and no earlier than 12 months prior, to the expiration of the Base Term of the LeaseLease or the expiration of any prior Extension Term.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement (Gossamer Bio, Inc.), Lease Agreement (Gossamer Bio, Inc.)

Extension Rights. Tenant shall have 1 right 2 consecutive rights (each, an “Extension Right”) to extend the term of this Lease for 2 5 years each (each, 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 each Extension Right at least 9 12 months prior to the expiration of the Base Term of the LeaseLease or the expiration of any prior Extension Term.

Appears in 3 contracts

Samples: Lease Agreement (Translate Bio, Inc.), Lease Agreement (Optimer Pharmaceuticals Inc), Lease Agreement (Verenium Corp)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 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 3 contracts

Samples: Lease Agreement (Yumanity Therapeutics, Inc.), Lease Agreement (Heat Biologics, Inc.), Lease Agreement (Heat Biologics, Inc.)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 3 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 to the expiration of the Base Term of the Lease.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement (Twist Bioscience Corp), Lease Agreement (Twist Bioscience Corp)

Extension Rights. Tenant shall have 1 right 2 consecutive rights (each, an “Extension Right”) to extend the term of this Lease for 2 5 years each (each, 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 each Extension Right at least 9 months prior prior, and no earlier than 12 months prior, to the expiration of the Base Term of this Lease or the Leaseexpiration of the prior Extension Term.

Appears in 3 contracts

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

Extension Rights. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this the Lease for 2 3 years (an the “Extension Term”) on the same terms and conditions as this the 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 prior, and no earlier than 12 months prior, to the expiration of the Base Term of the Lease.

Appears in 2 contracts

Samples: Lease Agreement (Corvus Pharmaceuticals, Inc.), Lease Agreement (Corvus Pharmaceuticals, Inc.)

Extension Rights. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 2 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 prior to the expiration of the Base Term of the Lease.

Appears in 2 contracts

Samples: Lease Agreement (Vividion Therapeutics, Inc.), Lease Agreement (ONCOSEC MEDICAL Inc)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 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 each Extension Right at least 9 months prior prior, and no earlier than 15 months prior, to the expiration of the Base Term of the LeaseLease or the expiration of any prior Extension Term.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Ligand Pharmaceuticals Inc)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 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 prior, and no earlier than 12 months prior, to the expiration of the Base Term of the Lease.

Appears in 2 contracts

Samples: Lease Agreement (CytomX Therapeutics, Inc.), Lease Agreement (CytomX Therapeutics, Inc.)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 3 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 (“Extension 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 2 contracts

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

Extension Rights. Tenant shall have 1 right 2 consecutive rights (each, an “Extension Right”) to extend the term of this Lease for 2 years 36 months each (each, 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 each Extension Right at least 9 12 months prior prior, and no earlier than 15 months prior, to the expiration of the Base Term of this Lease or the Leaseexpiration of the prior Extension Term.

Appears in 2 contracts

Samples: Lease Agreement (CARGO Therapeutics, Inc.), Lease Agreement (CARGO Therapeutics, Inc.)

Extension Rights. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 2 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 LetterRent) by giving Landlord written notice of its election to exercise the Extension Right at least 9 12 months prior to the expiration of the Base Term of the Lease.

Appears in 2 contracts

Samples: Lease Agreement (Vir Biotechnology, Inc.), Lease Agreement (Vir Biotechnology, Inc.)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 3 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 such Extension Right at least 9 months prior prior, and no earlier than 12 months prior, to the expiration of the Base Term of the Lease.

Appears in 2 contracts

Samples: Lease Agreement (Adaptive Insights Inc), Lease Agreement (Adaptive Insights Inc)

Extension Rights. Tenant shall have 1 right 2 rights (each, an “Extension Right”) to extend the term of this Lease for 2 3 years each (each, 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 (“Election Notice”) of its election to exercise the each Extension Right at least 9 12 months prior to the expiration of the Base Term of the LeaseLease or the expiration of the prior Extension Term.

Appears in 2 contracts

Samples: Lease Agreement (Twist Bioscience Corp), Lease Agreement (Twist Bioscience Corp)

Extension Rights. Tenant shall have 1 right 2 consecutive rights (each, an “Extension Right”) to extend the term of this Lease for 2 years 1 year each (each, 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 each Extension Right at least 6 months prior, and no earlier than 9 months prior prior, to the expiration of the Base Term of the LeaseLease or the expiration of any prior Extension Term.

Appears in 2 contracts

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

Extension Rights. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 2 years 36 months (an the “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

Samples: Lease Agreement (ONCOSEC MEDICAL Inc)

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Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this the Lease for 2 years through April 30, 2018 (an “Extension Term”) on the same terms and conditions as this the Lease (other than with respect to Base Rent and the or any 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

Samples: License Agreement (Eleven Biotherapeutics, Inc.)

Extension Rights. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 2 years (an the “Extension Term”) on the same terms and conditions as this Lease (other than with respect to Base Rent and Rent, the Work LetterLetter and any tenant improvement allowances) 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

Samples: Lease Agreement (Calithera Biosciences, Inc.)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 years (an “Extension Term”) on the same terms and conditions as this Lease (other than with respect to Base Rent and the Work LetterLetter attached hereto as Exhibit C) by giving Landlord written notice of its election to exercise the Extension Right at least 9 10 months prior to the expiration of the Base Term of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Eloxx Pharmaceuticals, Inc.)

Extension Rights. Tenant shall have 1 the right (an “the "Extension Right") to extend the term of this Lease for 2 years one (an “1) year (the "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 such Extension Right at least 9 six (6) months prior to the expiration of the Base Term of the Lease. Base Rent during the Extension Term shall be payable at the rate of $43.00 per rentable square foot of the Premises.

Appears in 1 contract

Samples: Lease Agreement (Sirtris Pharmaceuticals, Inc.)

Extension Rights. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 2 years year (an the “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 each 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

Samples: Lease Agreement (Graphite Bio, Inc.)

Extension Rights. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 2 10 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 (the “Exercise Notice”) of its election to exercise the Extension Right at least 9 12 months prior to the expiration of the Base Term of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Singular Genomics Systems, Inc.)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease with respect to the Long-Term Premises only for 2 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 prior, and no earlier than 12 months prior, to the expiration of the Base Term of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Nurix Therapeutics, Inc.)

Extension Rights. Tenant shall have 1 right (an “Extension Right”) to extend the term of this Lease for 2 3 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 to the expiration of the Base Term of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Pharmathene, Inc)

Extension Rights. Tenant shall have 1 [***] consecutive right (an "Extension Right") to extend the term of this Lease for 2 [***] 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 such Extension Right at least 9 [***] months prior to the expiration of the Base Term of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Cartesian Therapeutics, Inc.)

Extension Rights. Tenant shall have 1 right (an "Extension Right") to extend the term of this Lease for 2 3 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 prior, and no earlier than 12 months prior, to the expiration of the Base Term of the Lease.

Appears in 1 contract

Samples: Lease Agreement (BioCardia, Inc.)

Extension Rights. Tenant shall have 1 right (an the “Extension Right”) to extend the term of this Lease for 2 3 years (an the “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 each Extension Right at least 9 months prior to the expiration of the Base Term of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Immune Design Corp.)

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