Common use of Renewal Rights Clause in Contracts

Renewal Rights. A. This Lease may be renewed at the option of the Government for nine (9) additional one-year terms, and the Government shall pay the Lessor annual rental of $ [Insert Amount] (note: also state amount in words) at the rate of $ [Insert Amount] (note: also state amount in words) per calendar month in arrears; provided, written notice is provided to the Lessor at least 30 days before the end of the original Lease term or any extension thereof. In no event shall the Lease term be extended beyond [Insert Day, Month, Year]. All other terms and conditions of this Lease, as same may have been amended, shall remain in full force and effect during any renewal term.

Renewal Rights. A. This Lease may be renewed at the option of the Government for nine (9) [Insert Number] additional one-year terms, and the Government shall pay the Lessor annual rental of $ $[Insert Amount] (note: also state amount in words) at the rate of $ $[Insert Amount] (note: also state amount in words) per calendar month in arrears; provided, written notice is provided to the Lessor at least 30 [Insert Number] days before the end of the original Lease term or any extension thereof. In no event shall the Lease term be extended beyond [Insert Day, Month, Year]. All other terms and conditions of this Lease, as same may have been amended, shall remain in full force and effect during any renewal term.