Common use of Option Right Clause in Contracts

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "Original Tenant") one (1) option to extend the Lease term for a period of five, (5) years an ("Option Term"), which option shall, be exercisable only by written notice delivered by Tenant to Landlord set forth below. The rights contained in this Article 31 shall be personal to the original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, occupies at least fifty-one percent (51%) of the entire Premises.

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "Original Tenant") one (1) option ("Option") to extend the Lease term Term for the entire Premises for a period of five, five (5) years (an ("Option Term"), which option shall, Option shall be exercisable only by written notice delivered by Tenant to Landlord set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant's Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "Original TenantORIGINAL TENANT") one (1) option ("OPTION") to extend the Lease term Term for the entire Premises for a period of five, three (53) years (an ("Option TermOPTION TERM"), which option shall, shall be exercisable only by written notice delivered by Tenant to Landlord set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant's Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "Original TenantORIGINAL TENANT") one (1) option ("OPTION") to extend the Lease term Term for a period of five, three (53) years an ("Option TermOPTION TERM"), which option shall, shall be exercisable only by written notice delivered by 31 Tenant to Landlord set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant's Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "Original Tenant") one (1) option (the "Option") to extend the Lease term Term for a period of five, three (53) years an (the "Option Term"), which option shall, Option shall be exercisable only by written notice delivered by Tenant to Landlord as set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant's Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "Original Tenant") one (1) option (the "Option") to extend the Lease term Term for the entire Premises for a period of five, five (5) years an (the "Option Term"), which option shall, Option shall be exercisable only by written notice delivered by Tenant to Landlord as set forth below. The rights contained in this Article 31 Section 32 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant's Acceptance (as defined in Section 32C below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "“Original Tenant"”) one One (1) option (“Option”) to extend the Lease term Term for a period of five, either three (3) or five (5) years an ("the “Option Term"”) (to be determined by Tenant in its sole discretion), which option shall, Option shall be exercisable only by written notice delivered by Tenant to Landlord as set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's ’s interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant’s Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "“Original Tenant"”) one ( ) option(s) (1“Options”) option to extend the Lease term Term for the entire Premises for a period of five, (5( ) years [each] (each, an ("“Option Term"”), which option shall, Option(s) shall be exercisable only by written notice delivered by Tenant to Landlord as set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's ’s interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant’s Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "“Original Tenant"”) one (1) option (each an “Option”) to extend the Lease term Term for the entire Premises for a period of five, five (5) years an ("the “Option Term"”), which option shall, Option shall be exercisable only by written notice delivered by Tenant to Landlord as set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee sub lessee or other transferee of the Original Tenant's ’s interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant’s Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "Original Tenant") one (1) option (the "Option") to extend the Lease term Term for the entire Premises for a period of five, five (5) years an (the "Option Term"), which option shall, Option shall be exercisable only by written notice delivered by Tenant to Landlord as set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant's Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees ------------ (the "Original Tenant") one (1) option ("Option") to extend the Lease term Term for the entire Premises for a period of five, three (53) years (an ("Option Term"), which option shall, shall be exercisable only by written notice delivered by Tenant to Landlord set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's Tenant `s interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant's Acceptance (as defined in Section 31(c) below).

Option Right. Landlord hereby grants the Tenant named in this Lease and any Permitted Transferees (the "Original Tenant") one (1) option ("Option") to extend the Lease term initial Term for a period of five, five (5) years an ("Option Term"), which option shall, Option shall be exercisable only by written notice delivered by Tenant to Landlord as set forth below. The rights contained in this Article 31 shall be personal to the original Original Tenant and may only be exercised by the Original Tenant and any Permitted Transferees (and not any assignee, sublessee or other transferee of the Original Tenant's interest in this Lease, excepting a Permitted Transferee) if the Original Tenant, Tenant occupies at least fifty-one percent (51%) the entire Premises as of the entire Premisesdate of Tenant's Acceptance (as defined in Section 31(c) below).