Lease Term Extension Sample Clauses

Lease Term Extension. The term of the Lease is hereby extended for a period of 65 months, commencing on March 1, 2009 (the “Commencement Date”), and expiring on July 31, 2014 (the “Extended Term”).
AutoNDA by SimpleDocs
Lease Term Extension. Provided Tenant is not in default under the terms and conditions of the Lease, Tenant may negotiate an extension of the Lease for five (5) additional years. The rental rate and other material terms and conditions are subject to renegotiations under the then prevailing market. Tenant shall notify Landlord in writing, not more than six (6) months nor less than four (4) months prior to the lease expiration of its desire to extend the Lease. If Landlord and Tenant are unable to agree on the final lease extension rental rate, or other material terms and conditions of the lease extension, then the Lease shall terminate as scheduled, and Tenant shall have no further right to the Leased Premises.
Lease Term Extension. This Lease Extension shall extend the Lease such that it terminates at noon April 30, 2023. The provisions of this Lease Extension shall supersede any conflicting provisions of the Lease and shall not affect any other provisions.
Lease Term Extension. The Lease Term is hereby extended for approximately thirty-six (36) months and the Expiration Date is hereby amended to mean December 31, 2017. The period from December 28, 2014 through the new Expiration Date is referred to herein as the “Extension Term.”
Lease Term Extension. The Landlord and Tenant hereby agree to extend the term of the Lease for an additional extension term of forty-two (42) months, commencing April 1, 2004, and ending September 30, 2007 (the “Lease Term Extension”).
Lease Term Extension. The initial term of this Lease (“Initial Term”) shall commence as of the Effective Date and shall expire at midnight on January 31, 2026 (“Expiration Date”), unless terminated sooner as provided in this Lease and as may be extended as provided herein. The time period during which this Lease shall actually be in effect, including any Extension Term, is referred to herein as the “Lease Term.” Unless this Lease has expired or has been sooner terminated, or an Event of Default has occurred and is continuing at the time any extension option is exercised, Lessee shall have the right and option (each, an “Extension Option”) to extend the Initial Term for the Property for six (6) additional successive periods of five (5) years each (each, an “Extension Term”), pursuant to the terms and conditions of this Lease then in effect. Lessee may only exercise the Extension Options by giving written notice thereof to Lessor of its election to do so first, no later than one hundred twenty (120) days prior to the Expiration Date and one hundred twenty (120) days prior to the immediately preceding Extension Term, as the case may be. If written notice of the exercise of any Extension Option is not received by Lessor by the applicable dates described above, then this Lease shall terminate on the last day of the Initial Term or, if applicable, the last day of the Extension Term then in effect. Upon the request of Lessor or Lessee, the parties hereto will, at the expense of Lessee, execute and exchange an instrument in recordable form setting forth the extension of the Lease Term in accordance with this Section 3.
Lease Term Extension. The five year two month Lease Term as established in Paragraph 4 of this Lease may be extended, at option of Lessee, for two additional five (5) year terms, provided Lessee exercises such option at least four (4) months prior to then current expiration date established per terms of provisions of Paragraph 4 and this Paragraph 1 of the First Lease Addition, and further provided Lessee is then occupying said demised premises and is not then in default in the performance of any of the provisions of this Lease.
AutoNDA by SimpleDocs
Lease Term Extension. The Term of the Lease is hereby amended to extend the expiration date of December 31, 2023 by a fifteen (15) year period to December 31, 2038 (the period from January 1, 2024 through December 31, 2038 being the “Fourth Amendment Extension Period”). The Parties acknowledge and agree that the Fourth Amendment Extension Period constitutes an “Extension Period” under the Lease unless the context clearly requires otherwise (e.g., the Original Lease refers to a first, second or third Extension Period); provided however that in no event shall the Fourth Amendment Extension Period constitute an Extension Period for purposes of Section 4.D of Base Lease.
Lease Term Extension. The term of the Lease, which is scheduled to expire on December 31, 1997, is hereby extended for a period of one (1) year, which term shall end on December 31, 1998, both inclusive. The word "term" where used in the Lease shall mean the duration of the Lease, as extended by this Agreement.
Lease Term Extension. Tenant and Landlord agree to extend the term of Tenant's Lease of Suite 600 of Xxxxx Xxxx Plaza consisting of 52,199 square feet for an additional period of three (3) years and three (3) months. The extended term will commence April 1, 2003 and will end June 30, 2006.
Time is Money Join Law Insider Premium to draft better contracts faster.