Common use of LEASE TERMS CO-TERMINOUS Clause in Contracts

LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Lease, Landlord and Tenant are also executing an amendment no. 1 dated September 9, 1999 to existing Lease Agreement dated May 26, 1998 (hereinafter referred to as the "Existing Lease") affecting property located at 1200 Xxxxxx Xxxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxx xxx (ii) it is the intention of the parties that the term of this Lease be co-terminous with the term of the Existing Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the Existing Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leases.

LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this LeaseAmendment, Landlord and Tenant are also executing an amendment no. 1 dated September 9, 1999 to existing Lease Agreement dated May 26April 8, 1998 1999 (hereinafter referred to as the "Existing New Lease") affecting adjacent property located at 1200 Xxxxxx 0000 Xxxxx Xxxxxxx Xxxxxxx, Xxxxxxx XxxxXxxxx Xxxxx, Xxxxxxxxxx xxx and (ii) it is the intention of the parties that the term of this Lease be co-terminous coterminous with the term of the Existing New Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the Existing New Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leases.

LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this LeaseAmendment No. 1, Landlord and Tenant are also executing an amendment no. 1 a lease agreement dated September 920, 1999 to existing Lease Agreement dated May 26, 1998 (hereinafter referred to as the "Existing New Premises Lease") affecting property located at 1200 3200 Xxxxxx Xxxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxx xxx (ii) it is the intention of the parties that the term of this Lease be co-terminous with the term of the Existing New Premises Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the Existing New Premises Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leases.

LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Lease, Landlord and Tenant are also executing an amendment noAmendment No. 1 I dated September 9November 7, 1999 1997 to existing Lease Agreement dated May 26July 19, 1998 1995 (hereinafter referred to as the "Existing Lease") affecting property located at 1200 Xxxxxx Xxxxxxx3393 Xxxxxxxx Xxxxx, Xxxxxxx XxxxXxxxx 000, Xxxxx Xxxxx, Xxxxxxxxxx xxx (ii) it is the intention of the parties that the term Term of this Lease be co-terminous with the term of the Existing Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the date terms and conditions stated under Paragraph 22 19 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the Existing Lease, Lease unless Landlord elects, at its sole and absolute discretion, to terminate both of the leases.

LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Lease, Landlord and Tenant are also executing an amendment noAmendment No. 1 2 dated September 9December 3, 1999 1998 to existing Lease Agreement dated May 26September 14, 1998 1994 (hereinafter referred to as the "Existing Lease") affecting adjacent property located at 1200 Xxxxxx Xxxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxx xxx and (ii) it is the intention of the parties that the term Term of this Lease be co-terminous coterminous with the term Term of the Existing Lease Leases such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the Existing Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leasesExisting Lease.

LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with the execution of this Lease, Landlord and Tenant are also executing an amendment no. 1 Amendment dated September 9April 8, 1999 to existing Lease Agreement dated May 26January 23, 1998 1996 (hereinafter referred to as the "Existing Lease") affecting ad jacent property located at 1200 0000 Xxxxxx Xxxxxxx, Xxxxxxx Xxxx Xxxx, Xxxxxxxxxx xxx Xxxxx Xxxxx, Xxxxxxxxxx, and (ii) it is the intention of the parties that the term of this Lease be co-terminous with the term of the Existing Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 "Destruction" or Paragraph 25 "Eminent Domain" shall not result in a termination of the said Existing Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leases.

LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with Tenant is currently ------------------------ occupying, as an assignee, a portion of the execution of this Leasebuilding in which the Premises are located at 000 X. Xxxxx Xxxxxx under a separate lease agreement dated January 22, Landlord and Tenant are also executing an amendment no. 1 dated September 9, 1999 to existing Lease Agreement dated May 26, 1998 1993 (hereinafter referred to as the "Existing Lease") affecting property located at 1200 Xxxxxx Xxxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxx xxx and (ii) it is the intention of the parties that the term Term of this Lease be co-terminous with the term of the Existing Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 19 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 21 "Destruction" or Paragraph 25 22 "Eminent Domain" shall not result in a termination of the Existing Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leasesExisting Lease.

LEASE TERMS CO-TERMINOUS. It is acknowledged that (i) concurrently with ------------------------ the execution of this LeaseAmendment No.4, Landlord and Tenant are also executing an amendment no. 1 a lease agreement dated September 9November 17, 1999 to existing Lease Agreement dated May 261995 for premises located at 000 Xxxxx Avenue, 1998 Sunnyvale, California (hereinafter referred to as the "Existing New Lease") affecting property located at 1200 Xxxxxx Xxxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxx xxx which premises are adjacent to the Premises leased hereunder and (ii) it is the intention of the parties that the term Term of this Lease be co-terminous with the term of the Existing New Lease such that the terms of both leases expire on the same date; provided, however, the termination of this Lease resulting from the terms and conditions stated under Paragraph 22 19 "Bankruptcy and Default" (subject to Landlord's option as stated in the respective leases' "Cross Default" Paragraph) or Paragraph 24 21 "Destruction" or Paragraph 25 22 "Eminent Domain" shall not result in a termination of the Existing New Lease, unless Landlord elects, at its sole and absolute discretion, to terminate both of the leasesNew Lease.