Rights to Renew Sample Clauses

Rights to Renew. Tenant shall have the right to renew this lease for three (3) successive periods of five (5) years each. In order to exercise any of these three (3) options, Tenant must provide written notice to Landlord at least six (6) months prior to the expiration date of the initial lease term or any renewal term. Each and every renewal option shall be effective for all space under lease by Tenant in Building 31 at the time the option is exercised. Each renewal period shall be governed by the same terms and conditions of this lease excepting Base Rental, as defined in Article 3 hereof, which shall be governed by the following schedule: