Common use of Options to Renew Clause in Contracts

Options to Renew. (a) Subject to the conditions hereinafter set forth, Tenant is hereby granted options (individually, a “Renewal Option” and, collectively, the “Renewal Options”) to renew the Term with respect to all, or any portion of, the Leased Premises as then demised hereunder for six (6) successive periods of five (5) years each (individually, a “Renewal Term” and collectively the “Renewal Terms”); provided that the Term shall not extend, for any portion of the Leased Premises, beyond the Outside Expiration Date.

Appears in 5 contracts

Samples: And Attornment Agreement (KBS Real Estate Investment Trust, Inc.), And Attornment Agreement (Gramercy Capital Corp), And Attornment Agreement (KBS Real Estate Investment Trust, Inc.)

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