Common use of Tenant’s Partial Termination Option Clause in Contracts

Tenant’s Partial Termination Option. Provided Tenant fully and completely satisfies each of the conditions set forth in this Section 2.2, Tenant shall have the one-time option (“Termination Option”) to terminate Tenant’s lease of Building III (or terminate any contiguous full floor increment leased by Tenant in Building III) effective as of the date set forth in Tenant’s Termination Notice (the “Termination Date”), but no later than July 31, 2022 (the “Outside Termination Date”).

Appears in 2 contracts

Sources: Lease (Freenome Holdings, Inc.), Lease (Freenome Holdings, Inc.)