Common use of Term and Renewal Options Clause in Contracts

Term and Renewal Options. The Lease has an initial term of twenty (20) years, subject to extension (at Tenant’s option) as provided therein for two (2) successive additional periods of ten (10) years each.

Term and Renewal Options. The Lease has an initial term of twenty (20) years, subject to extension (at Tenant’s option) as provided therein for two (2( ) successive additional periods of ten (10( ) years each.

Term and Renewal Options. The Lease has an initial term of twenty ten (2010) years, subject to extension (at Tenant’s 's option) as provided therein for two four (24) successive additional periods of ten five (105) years each.

Term and Renewal Options. The Lease has an initial term of twenty fifteen (2015) years, subject to extension (at Tenant’s option) as provided therein for two (2) successive additional periods of ten (10) years each.

Term and Renewal Options. The Lease has an initial term of twenty (20) years, years following the Commencement Date (as defined in the Lease). The term is subject to extension (at Tenant’s optionoption (subject to the conditions therein set forth) as provided therein for two three (23) successive additional periods periods, the first of which is for a period of ten (10) years eachand the second and third of which are each for a period of five (5) years.