Common use of Extension Rights Clause in Contracts

Extension Rights. Tenant shall, subject to all of the provisions of this Paragraph 3.2 (including all subparagraphs hereof), have the option to extend the Lease Term (the “Option to Extend”) for one (1) additional term(s) of five (5) years (the “Extension Term”), provided Tenant is in occupancy of not less than 75% of the Premises at the time of exercise of the Option to Extend and Tenant gives Landlord written notice via overnight nationally-recognized courier (such as FedEx or UPS), with signature acknowledgement by recipient required, of its election to exercise the Option to Extend no less than 9 months and no more than 12 months prior to the then applicable Expiration Date. Such notice will constitute Tenant’s irrevocable election to exercise the Option to Extend and may not subsequently be revoked by Tenant except as provided below. Time is of the essence with respect to the timing of such requirement to give notice to Landlord.

Extension Rights. Tenant shall, subject to all of the provisions of this Paragraph 3.2 (including all subparagraphs hereof), have the option to extend the Lease Term (the “Option to Extend”) for one (1) additional term(s) of five two (52) years (the “Extension Term”), provided Tenant is in occupancy of not less than 7590% of the Premises at the time of exercise of the Option to Extend and Tenant gives Landlord written notice via overnight nationally-recognized courier (such as FedEx or UPS), with signature acknowledgement by recipient required, of its election to exercise the Option to Extend no less than 9 nine (9) months and no more than 12 twelve (12) months prior to the then applicable Expiration DateDate of the Term. Such notice will constitute Tenant’s 's irrevocable election to exercise extend the Option to Extend Term and may not subsequently be revoked by Tenant except as provided below. Time is of the essence with respect to the timing of such requirement to give notice to Landlord.

Extension Rights. Tenant shall, subject to all of the provisions of this Paragraph 3.2 (including all subparagraphs hereof), have the option to extend the Lease Term (the “Option to Extend”) for one (1) additional term(s) term of five three (53) years (the “Extension Term”), provided Tenant is in occupancy of not less than 7550% of the Premises at the time of exercise of the Option to Extend and Tenant gives Landlord written notice via overnight nationally-recognized courier (such as FedEx or UPS), with signature acknowledgement by recipient required, of its election to exercise the Option to Extend no less than 9 nine (9) months and no more than 12 twelve (12) months prior to the then applicable Expiration DateDate of the Term. Such notice will constitute Tenant’s 's irrevocable election to exercise extend the Option to Extend Term and may not subsequently be revoked by Tenant except as provided below. Time is of the essence with respect to the timing of such requirement to give notice to Landlord.

Extension Rights. Tenant shall, subject to all of the provisions of this Paragraph 3.2 (including all subparagraphs hereof), have the one (1) option to extend the Lease Term (the “Option to Extend”) for one an additional term of three (1) additional term(s) of five (53) years (the “"Extension Term”"), provided Tenant or a Permitted Transferee is in occupancy of not less than 7590% of the Premises at the time of exercise of the Option to Extend and Tenant gives Landlord written notice via overnight nationally-recognized courier (such as FedEx or UPS), with signature acknowledgement by recipient required, of its election to exercise the such Option to Extend no less than 9 12 months and no more than 12 15 months prior to the then then-applicable Expiration DateDate of the Term. Such notice will constitute Tenant’s binding irrevocable election to exercise extend the Option Term pursuant to Extend this Paragraph 3.2 and may not subsequently be revoked by Tenant Xxxxxx except as provided below. Time is of the essence with respect to the timing of such requirement to give notice to Landlord.

Extension Rights. Tenant shall, subject to all of the provisions of this Paragraph 3.2 (including all subparagraphs hereof), have the option to extend the Lease Term (the “Option to Extend”) for one (1) additional term(s) term of five three (53) years (the “Extension Term”), provided Tenant is in occupancy of not less than 7550% of the Premises at the time of exercise of the Option to Extend and Tenant gives Landlord written notice via overnight nationally-recognized courier (such as FedEx or UPS), with signature acknowledgement by recipient required, of its election to exercise the Option to Extend no less than 9 nine (9) months and no more than 12 twelve (12) months prior to the then applicable Expiration DateDate of the Term. Such notice will constitute Tenant’s irrevocable election to exercise extend the Option to Extend Term and may not subsequently be revoked by Tenant except as provided below. Time is of the essence with respect to the timing of such requirement to give notice to Landlord.