Common use of OPTION TO EXTEND TERM OF LEASE Clause in Contracts

OPTION TO EXTEND TERM OF LEASE. Lessee is hereby granted the option to extend the term of this Lease for two (2) additional successive periods of three (3) years each. The options shall be exercised by the delivery of written notice to Lessor no earlier than two hundred seventy (270) days and no later than one hundred eighty (180) days prior to the expiration of the lease term then in effect. Any extensions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in accordance with Paragraph B(2) below. Lessee's right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph 39 of this Lease.

Appears in 3 contracts

Samples: Lease (Qad Inc), Lease (Qad Inc), Qad Inc

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OPTION TO EXTEND TERM OF LEASE. Lessee is hereby granted the option to extend the term of this Lease for two (2) additional successive periods of three two (32) years each. The options shall be exercised by the delivery of written notice to Lessor no earlier than two hundred seventy (270) days and no later than one hundred eighty (180) days prior to the expiration of the lease term then in effect. Any extensions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in accordance with Paragraph B(2) below. Lessee's right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph 39 of this Lease.

Appears in 2 contracts

Samples: Lease (Qad Inc), Lease (Qad Inc)

OPTION TO EXTEND TERM OF LEASE. Lessee is hereby granted the option to extend the term of this Lease for two three (23) additional successive periods of three one (31) years each. The options shall be exercised by the delivery of written notice to Lessor no earlier than two hundred seventy (270) days and no later than one hundred eighty (180) days prior to the expiration of the lease term then in effect. Any extensions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in accordance with Paragraph B(2) below. Lessee's right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph 39 of this Lease.

Appears in 2 contracts

Samples: Lease (Qad Inc), Lease (Qad Inc)

OPTION TO EXTEND TERM OF LEASE. Lessee is hereby granted the option to extend the term of this Lease for two (2of N/A ( ) additional successive periods of three (3N/A ( ) years each. The options shall be exercised by the delivery of written notice to Lessor no earlier than two hundred seventy (270) days and an no later than one hundred eighty (180) days prior to the expiration of the lease term then in effect. Any extensions extentions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in I accordance with Paragraph paragraph B(2) below. Lessee's right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph paragraph 39 of this Lease.

Appears in 1 contract

Samples: Industrial Lease (Valueclick Inc/Ca)

OPTION TO EXTEND TERM OF LEASE. Lessee is hereby granted the option to extend the term of this Lease for two (2N/A ( ) additional successive periods of three (3N/A ( ) years each. The options shall be exercised by the delivery of written notice to Lessor no earlier than two hundred seventy (270) days and no later than one hundred eighty (180) days prior to the expiration of the lease term then in effect. Any extensions extentions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in accordance with Paragraph B(2) below. Lessee's ’s right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph 39 of this Lease.

Appears in 1 contract

Samples: Guaranty (Inamed Corp)

OPTION TO EXTEND TERM OF LEASE. Lessee is hereby granted the option to extend the term of this Lease for two (2) additional successive periods of three two (32) years each. The options shall be exercised by the delivery of written notice to Lessor no earlier than two hundred seventy (270) days and no later than one hundred eighty (180) days prior to the expiration of the lease term then in effect. Any extensions extentions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in accordance with Paragraph B(2) below. Lessee's ’s right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph 39 of this Lease.

Appears in 1 contract

Samples: Inamed Corp

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OPTION TO EXTEND TERM OF LEASE. Lessee is hereby granted the option to extend the term of this Lease for two (2) additional successive periods of three (3) years each. The options shall be exercised by the delivery of written notice to Lessor no earlier than two hundred seventy (270) days and no later than one hundred eighty (180) days prior to the expiration of the lease term then in effect. Any extensions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in accordance with Paragraph B(2) below. Lessee's .’s right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph 39 of this Lease.

Appears in 1 contract

Samples: Inamed Corp

OPTION TO EXTEND TERM OF LEASE. Lessee Lease is hereby granted the option to extend the term of this Lease for two (2) additional successive periods period of three (3) years each. The options shall be exercised by the delivery of written notice to Lessor no earlier than two hundred seventy (270) days and no later than one hundred eighty (180) days prior to the expiration of the lease term then in effect. Any extensions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in accordance with Paragraph B(2) below. Lessee's ’s right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph 39 of this Lease.

Appears in 1 contract

Samples: Inamed Corp

OPTION TO EXTEND TERM OF LEASE. Lessee is hereby granted the option to extend the term of this Lease for two (2) additional successive periods of three five (35) years eacheach (each such period referred to as an "Extension Period"). The options shall be exercised by the delivery of written notice to Lessor no earlier than two three hundred seventy sixty five (270365) days and no later than one two hundred eighty seventy (180270) days prior to the expiration of the lease term then in effect. Any extensions granted hereunder shall be on the same terms and conditions applicable to the initial term except as to rent, which shall be increased in accordance with Paragraph B(2) 52 below. Lessee's right to exercise the options granted herein is subject to the terms and conditions set forth in Paragraph paragraph 39 of this Lease.

Appears in 1 contract

Samples: Qad Inc

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