Common use of Option to Expand Clause in Contracts

Option to Expand. Upon providing written notice to the Landlord no later than May 31, 2011, the Tenant shall have the option to lease the entire 3rd floor of the building on the same terms and conditions as the Leased Premises, subject to para 13. The third (3rd) floor of the Building shall be leased to the Tenant on an “as-is, where-is” basis and the Landlord will not be required to complete the Landlord’s Work attached hereto as Schedule “B”.”

Appears in 3 contracts

Samples: Lease Extension and Modification Agreement (Xenon Pharmaceuticals Inc.), Lease Extension and Modification Agreement (Xenon Pharmaceuticals Inc.), Lease Extension and Modification Agreement (Xenon Pharmaceuticals Inc.)

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Option to Expand. Upon providing written notice to the Landlord no later than May August 31, 2011, the Tenant shall have the option to lease the entire 3rd floor of the building on the same terms and conditions as the Leased Premises, subject to para pars 13. The third (3rd) floor of the Building shall be leased to the Tenant on an “as-is, where-is” basis and the Landlord will not be required to complete the Landlord’s Work attached hereto as Schedule “B”.”

Appears in 3 contracts

Samples: Lease Extension and Modification Agreement (Xenon Pharmaceuticals Inc.), Lease Extension and Modification Agreement (Xenon Pharmaceuticals Inc.), Lease Extension and Modification Agreement (Xenon Pharmaceuticals Inc.)

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