TERM - OPTION TO RENEW. (a) The Term of this Agreement starts on the Commencement Date and expires on the date stipulated on the Information Page.
TERM - OPTION TO RENEW. 5. Employees
TERM - OPTION TO RENEW. (a) The initial term of this Lease shall be for three (3) years, beginning July 15, 1998 and continuing until July 14, 2001, unless earlier terminated as provided in paragraph 3 below.
TERM - OPTION TO RENEW. Landlord leases the Premises to Tenant and Tenant hires and takes the Premises from Landlord, for a term of five (5) Lease Years commencing on the first day of October, 2006 (the “Lease Commencement Date”) and expiring at midnight on the last day of the 60th month thereafter unless sooner terminated pursuant to the terms hereof. Tenant may at Tenant’s option, with one hundred eighty (180) days prior written notice to Landlord, terminate this Lease prior to its termination date, subject to Tenant’s payment to Landlord of a early termination fee equal to the present value of the remaining rental payments due to Landlord net of Tenant’s actual paid moving expenses. “
TERM - OPTION TO RENEW. This Contract is effective on the date it has been signed by all parties and all required State of Oregon approvals have been obtained (“Effective Date”). Unless terminated earlier in accordance with its terms, the initial term of this Contract is for four years from the Effective Date and expires on July 1, 2019. The parties may agree to extend the term of this Contract for additional one- or two-year periods, for a total term not-to- exceed ten (10) years. Contract termination shall not extinguish or prejudice OPERS’ right to enforce this Contract with respect to any default by Contractor that has not been cured.
TERM - OPTION TO RENEW. This Price Agreement is effective on the date it has been signed by all parties and all required State of Oregon approvals have been obtained (“Effective Date”). This Price Agreement expires on _______________________ or the date Consultant has completed all Services in accordance with the requirements of this Price Agreement or any Work Order Contract issued hereunder, as determined by ODOC. The Parties may extend the term of this Price Agreement, upon written notice given to the other party at least thirty (30) days prior to the end of the then current term, for additional terms.
TERM - OPTION TO RENEW. The term of this Lease shall commence on the Commencement Date and end the last day of the 204th full calendar month following the Commencement Date. Provided that this Lease has not been terminated as a result of condemnation or casualty as set forth in Sections 15 and 16 hereof, and further provided that there is no uncured Event of Default at the time of exercise of the First Option or Second Option, as such terms are defined herein, Tenant may extend the initial Term of this Lease for a renewal period of five (5) years (“First Option”) and if the First Option is exercised, a second renewal period of five years thereafter (“Second Option”). To exercise the First Option or Second Option, Tenant must serve written notice to Landlord not less than 12 months before the scheduled expiration of the initial Term or First Option, as the case may be. The renewal period shall be deemed part of the Term and shall be on the same terms and conditions as set forth in this Lease, except the Basic Rent for the First Option or Second Option, as the case may be, will be the “Prevailing Market Rent” as defined and computed in accordance with Exhibit B attached hereto.
TERM - OPTION TO RENEW. The term of the Lease shall be for a period of ten (10) years beginning on the first day of the month fol1owing the Commencement Date as hereinafter defined in paragraph 6. If the Lessee is not in default hereunder the Lessee shall have the option to renew and extend the term of this Lease for two (2) additional terms of five (5) years each. Each such For ease of reference, the original and any extended term of this Lease is herein referred to as the "Lease Term."
TERM - OPTION TO RENEW. This Agreement shall become effective on the date first above written and shall expire on October 1, 2009, unless sooner terminated or renewed as hereinafter provided (the “Term”).
TERM - OPTION TO RENEW. (a) The Term of this License shall be for a period of five (5) years, commencing as of January 1, 2023, and ending December 31, 2027 (the “Term”). Each calendar year shall constitute one License Year.
