Common use of Option to Extend Lease Term Clause in Contracts

Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that Tenant shall continue to have one (1) option to extend the Lease Term for a period of five (5) years in accordance with, and pursuant to the terms of, Section 2.2 of the Office Lease.

Appears in 4 contracts

Samples: Office Lease (Pulmonx Corp), Office Lease (Pulmonx Corp), Office Lease (Pulmonx Corp)

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Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that the Extended Term provided herein shall not be deemed to represent the Tenant’s option to extend the Lease Term as provided in Section 2.2 of the Lease, and that Tenant shall continue to have one (1) option to extend the Lease Term for a period of five (5) years in accordance with, and pursuant to to, the terms of, Section 2.2 of the Office Lease.

Appears in 1 contract

Samples: Lease (Revolution Medicines, Inc.)

Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that the Extended Term provided herein shall be deemed to represent the first of Tenant's two (2) options to extend the Lease Term as provided in Section 2.6 of the Original Lease, and that effective as of the date of this Fifth Amendment, Tenant shall continue to have only one (1) option to extend the Lease Term for a period of five (5) years in accordance with, and pursuant to the terms of, Section 2.2 2.6 of the Office Original Lease.

Appears in 1 contract

Samples: Rigel Pharmaceuticals Inc

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Option to Extend Lease Term. Landlord and Tenant acknowledge and agree that notwithstanding the extension of the Lease with respect to the 400 Premises for the Second Extended Term, Tenant shall continue to have one (1) option to further extend the Lease Term pursuant to the same terms set forth in Section 2.2 of the Original Lease, provided that the Option Term shall be for a period of five (5) years years. Any references in accordance with, and pursuant such Section 2.2 to the terms of, Section 2.2 of initial Lease Term shall be deemed to apply to the Office LeaseSecond Extended Term.

Appears in 1 contract

Samples: To Lease (Avinger Inc)

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