Renewal Options. The Lessee shall: (check one) ☐ - Have the option to renew this Agreement by providing at least (#) days’ notice before any ending termination date. The Lessee shall have (#) renewal period(s) as follows: 1st Renewal Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) 2nd Renewal Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) The Initial Term and any renewal periods shall be referred to as the "Term.” ☐ - Not have the option to renew this Agreement.
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Samples: Wisconsin Commercial Lease Agreement, Idaho Commercial Lease Agreement, California Commercial Lease Agreement
Renewal Options. The Lessee shall: (check one) ☐ - Not have the option to renew this Agreement. ☐ - Have the option to renew this Agreement by providing at least (#) days’ notice before any ending termination date. The Lessee shall have (#) _ renewal period(s) as follows: 1st Renewal Period: • From _ , 20_ (mm/dd/yyyy)_, to _ (mm/dd/yyyy), 20____. • Monthly Rent: _ _ Dollars ($ _) 2nd Renewal Period: • From _ , 20_ (mm/dd/yyyy)_, to _ (mm/dd/yyyy), 20_ _. • Monthly Rent: _ _ Dollars ($ _) The Initial Term and any renewal periods shall be referred to as the "Term".” ☐ - Not have the option to renew this Agreement.
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