No Option to Extend. Sublessee hereby acknowledges that: (i) the expiration date of the Master Lease is June 14, 2006, (ii) Sublessor has no option whatsoever to extend the Term of the Master Lease, and (iii) Sublessee must vacate the Subleased Premises fully and completely on or before June 14, 2006.
No Option to Extend. The parties acknowledge that Sublessee has no option to extend the Term of this Sublease.
No Option to Extend. Subtenant shall have no option to extend this Sublease.
No Option to Extend. The parties hereby acknowledge that the expiration date of the Master Lease is October 31, 2012 and that Sublessee has no option to extend the Term of this Sublease.
No Option to Extend. Notwithstanding anything to the contrary herein or in the Master Lease, Subtenant shall have no options or rights to extend the Term of this Sublease or expand the Subleased Premises.
No Option to Extend. The parties acknowledge that Sublessee has ------------------- no option to extend the Term of this Sublease.
No Option to Extend. There shall be no option to extend this agreement. Owner and Renter may, at Owner’s option, engage in negotiations for a new rental agreement for subsequent rental periods.
No Option to Extend. The parties hereby acknowledge that the expiration date of the Master Lease is March 31, 2018 and that Sublessee has no option to extend the Term of this Sublease. Sublessor shall use its best efforts to request Master Landlord grant Sublessee an option to renew. Provided that this Sublease has not been terminated due to a default by Sublessee, Sublessor waives any right it may have to extend the term of the Master Lease, including, without limitation, Sublessor’s extension option rights under Article 15 of the Master Lease.
No Option to Extend. The parties hereby acknowledge that the expiration date of the Master Lease is January 31, 2014 and that Sublessee has no option to extend the Term of this Sublease. Notwithstanding the foregoing, Sublessor acknowledges that Sublessee may pursue negotiations with Master Lessor for a direct lease with Master Lessor permitting Sublessee to extend its occupancy of the Subleased Premises for a term commencing immediately after the Expiration Date. If Sublessee enters into such an agreement with Master Lessor and Master Lessor expressly releases Sublessor in writing from all of its surrender obligations under the Master Lease with respect to the Subleased Premises, then Sublessor agrees that Sublessee will be excused from its obligation to surrender possession of the Subleased Premises on the Expiration Date. Notwithstanding the foregoing, Sublessee agrees that no such agreement with the Master Lessor will result in the termination of Sublessor’s existing expansion or extension options with respect to the Premises under the Master Lease other than extinguishing such extension rights with respect to the Subleased Premises. The parties acknowledge and agree that Master Lessor has no obligation to negotiate with Sublessee for or agree to any direct lease with Sublessee or to excuse Sublessor’s surrender obligations as described above.
No Option to Extend. Tenant shall not have the option to extend the Term beyond the expiration of the New Term and Section 4.03 of the Lease entitled “Option to Extend” is hereby deleted.
