Option to Extend Lease Term. (a) Lessee is hereby granted and shall, if not then in default under this Lease, have an option to extend the term of this Lease for an additional twelve (12) months (the “Extended Term”) on the same terms, covenants, and conditions contained in this Lease, except that the rent to be paid by Lessee to Lessor shall be as identified in paragraph 3.2.
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Samples: Lease (Capricor Therapeutics, Inc.), Lease (Capricor Therapeutics, Inc.)
Option to Extend Lease Term. (a) Lessee is hereby granted and shall, if not then in default under this Lease, have an option to extend the term of this Lease for an additional twelve thirty (1230) months (the “Second Extended Term”) on the same terms, covenants, and conditions contained in this Lease, except that the rent to be paid by Lessee to Lessor shall be as identified in paragraph 3.23.b.3.3.
Appears in 1 contract
Samples: Lease (Capricor Therapeutics, Inc.)
Option to Extend Lease Term. (a) Lessee is hereby granted and shall, if not then in default under this Lease, have an option to extend the term of this Lease for an additional twelve (12) months (the “"Extended Term”") on the same terms, covenants, and conditions contained in this Lease, except that the rent to be paid by Lessee to Lessor shall be as identified in paragraph 3.2.
Appears in 1 contract
Option to Extend Lease Term. (a) Lessee is hereby granted and shall, if not then in default under this Lease, have an option to extend the term of this Lease for an additional twelve (12) months (period of ten years from the “Extended Term”) original expiration date of this Lease in successive periods of five years each on the same terms, covenants, covenants and conditions contained in this Lease, except provided however, that the minimum monthly rent to be paid by Lessee to Lessor shall be as identified agreed upon by Lessee and Lessor, or if the parties are unable to agree, fixed by appraisal in paragraph 3.2.the following matter:
Appears in 1 contract
Samples: American River Holdings
Option to Extend Lease Term. (a) Lessee is hereby granted and shall, if not then in default under this Lease, have an option to extend the term of this Lease for an additional twelve (12) months (the “"Extended Term”") on the same terms, covenants, and conditions contained in this Lease, except that the rent to be paid by Lessee to Lessor shall be as identified in paragraph 3.2.. *Confidential Treatment Requested
Appears in 1 contract
Samples: Lease (Capricor Therapeutics, Inc.)
