TO EXTEND. Lessor hereby grants to Lessee the option to extend the term of this Lease for 1 additional 36 month period(s) commencing when the prior term expires upon each and all of the following terms and conditions:
TO EXTEND x. XXXXX OF OPTION(S). Tenant shall have the right, at its option, to extend the Lease for two (2) period(s) of five (5) years each ("EXTENDED TERM(S)") on an "as is" basis commencing at the expiration of the previous Term, provided that at the time of exercise and at the time of commencement of each Extended Term, Tenant is not in default beyond any applicable cure period under this Lease. Upon commencement of each renewal option term, Landlord shall extend to Tenant a refurbishment allowance in the amount of five dollars ($5.00) per rentable square foot, which allowance shall be reflected in the determination of the Fair Market Rental Value.
TO EXTEND. Sublessor hereby grants to Sublessee the option to extend the term of this Sublease for One (1) additional Twenty (20) and one half (20.5) month period(s) commencing November 1,2020 through July 14, 2022 upon each and all of the following terms and conditions:(i) In order to exercise an option to extend, Sublessee must give written notice of such election to Sublessor and Sublessor must receive the same at least Six (6) months prior to the date that the option period would commence, time being of the essence. If proper notification of the exercise of an option is not given and/or received, such option shall automatically expire. Options (if there are more than one) may only be exercised consecutively.(ii)Except for the provisions of this Sublease granting an option or options to extend the term, all of the terms and conditions of this Sublease except where specifically modified by this option shall apply.(iii) This Option is personal to the original Sublessee, and cannot be assigned or exercised by anyone other than said original Sublessee and only while the original Sublessee is in full possession of the Premises and without the intention of thereafter assigning or subletting.(iv) The monthly rent for each month of the option period shall be calculated as follows, using the method(s) indicated below: (Check Method(s) to be Used and Fill in Appropriately). I Cost of Living Adjustments) (COLA) a. On (Fill in COLA Dates): the Base Rent shall be adjusted by the change, ifany, from the Base Month specified below, in the Consumer Price Index of the Bureau of Labor Statistics of the U.S. Department of Labor for (select one): CPI W (Urban Wage Earners and Clerical Workers) or CPI U (All Urban Consumers), for (Fill in Urban Area): All Items (1982-1984 = 100), herein referred to as "CPI". b. The monthly Base Rent payable in accordance with paragraph A.I.a. of this Addendum shall be calculated as follows: the Base Rent set forth in paragraph 1.5 of the attached Lease, shall be multiplied by a fraction the numerator of which shall be the CPI of the calendar 1 of 3 4828-56W-5711.v4
TO EXTEND. STANDARD LEASE ADDENDUM Dated October 24, 2002 By and Between (Lessor) Oscar and Xxxxx Xxxxxxxx (Lessee) Specialty Laboratories, Inc., A California Corporation Address of Premises: 0000 Xxxxxxxx Xxxxxx Xxxxx Xxxxxx, XX 00000 Paragraph 53
TO EXTEND. Lessor hereby grants to Lessee the option to extend the term of this Lease for two additional period(s) the first option period being for three, years, followed by the second option period being for two years, commencing when the prior term expires upon each and all of the following terms and conditions:
TO EXTEND. NOTICE: These forms are often modified to meet changing requirements of law and industry needs. Always write or call to make sure you are utilizing the most current form: American Industrial Real Estate Association, 300 Xxxxx Xxxxxxxx Xxxxxx, Suite M-1, Los Angeles, CA 90071. (000) 000-0000. Fax No. (000) 000-0000. 1991 American Industrial Real Estate Association.
TO EXTEND. Lessor hereby grants to Lessee an Option to extend the Term of this Lease for a term of two (2) years ( "Option Term"), subject to all terms and conditions set forth in this Lease except for Base Rent, which shall be determined as set forth in Paragraph 51.1. Lessee must exercise each Option on or before the date one hundred eighty (180) days prior to the expiration the initial Term or preceding Option Term, as the case may be, time expressly being declared of the essence.
TO EXTEND. Landlord hereby grants to Tenant the option to extend the term of this Lease for two (2) additional sixty (60) month period(s) commencing when the prior term expires upon each and all of the following terms and conditions.:
TO EXTEND. STANDARD LEASE ADDENDUM Dated: January 23, 2020 By and Between Lessor: 20321 Valencia, LLC a Deleware limited liability company Lessee: MatterHackers, Inc. a Deleware corporation Property Address: 20000 Xxxxxxxx Xxxxxx (xxxxxx xxxxxxx, xxxx, xxxxx, zip) Paragraph: 60
