Common use of First Renewal Option Clause in Contracts

First Renewal Option. Tenant shall have an option (the "First -------------------- Renewal Option") to renew the Term with respect to all or a portion of the Premises demised under or pursuant to this Lease as of the expiration date of the Initial Term (subject to Section 32D), for one additional term (the "First Renewal Term") of five years, upon the following terms and conditions:

Appears in 1 contract

Samples: Lease Agreement (Wells Real Estate Investment Trust Inc)

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First Renewal Option. Tenant shall have an the option (hereinafter referred to as the "First -------------------- Renewal Option") to renew the Initial Term with respect to for all or a portion of the Premises demised under or pursuant to this Lease as of the expiration date of the Initial Term (subject to Section 32D)Term, for one (1) additional term period of five (5) years (hereinafter referred to as the "First Renewal Term") of five years, upon the following terms and conditions:

Appears in 1 contract

Samples: Industrial Building Lease (Factory Card & Party Outlet Corp)

First Renewal Option. Tenant shall have an the option (hereinafter referred to as the "First -------------------- Renewal Option") to renew the Initial Term with respect to for all or a portion of the Premises demised under or pursuant to this Lease as of the expiration date of the Initial Term (subject to Section 32D)Term, for one (1) additional term period of five (5) years (hereinafter referred to as the "First Renewal Term") of five years, upon the following terms and conditions:

Appears in 1 contract

Samples: Factory Card Outlet Corp

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First Renewal Option. Tenant shall have an the option -------------------- (the "First -------------------- Renewal Option") to renew the Initial Term with respect to for all or a portion of the Premises demised under or pursuant to this Lease as of the expiration date of the Initial Term (subject to Section 32D)Term, for one (1) additional term period of five (the 5) years ("First Renewal Term") of five years, upon the following terms and conditions:

Appears in 1 contract

Samples: Lease (Exodus Communications Inc)

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