Common use of Term of the Lease Clause in Contracts

Term of the Lease. The term of the lease shall be effective as of the date of execution of the lease and until October 31st, 2015 (the 'Lease Term'). An automatic five year extension under the same terms will be available at Tenant's option, subject to a notice accepting the automatic extension by Tenant to Landlord, at least three (3) months prior to the termination of the current Lease Term, with additional extensions of the term, if any, by mutual written agreement of both parties."

Appears in 3 contracts

Samples: Lease Agreement (Establishment Labs Holdings Inc.), Lease Agreement (Establishment Labs Holdings Inc.), Lease Agreement (Establishment Labs Holdings Inc.)

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Term of the Lease. The term of the lease shall be effective as of the date of execution of the lease and until October 31st, 2015 2010 (the 'Lease Term'), commencing on the Date of execution of the Lease. An automatic five year six month extension under the same terms will be available at Tenant's option, subject to a notice accepting the automatic extension by Tenant to Landlord, at least three ninety (390) months calendar days prior to the termination of the current Lease Term, with additional extensions of the term, if any, by mutual written agreement of both parties."

Appears in 3 contracts

Samples: Lease Agreement (Establishment Labs Holdings Inc.), Lease Agreement (Establishment Labs Holdings Inc.), Lease Agreement (Establishment Labs Holdings Inc.)

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