First Renewal Notice definition

First Renewal Notice shall have the meaning given to such term in Paragraph 3(b).
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First Renewal Notice defined in Section 12.
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Examples of First Renewal Notice in a sentence

  • Tenant shall have the option (the "First Renewal Option") of extending the Term of the Lease for one (1) additional term of five (5) years (the "First Renewal Term") by notifying (the "First Renewal Notice") Landlord in writing of its intention to exercise the First Renewal Option no later than one (1) year prior to the expiration of the original Term (the "Primary Term").

  • After receipt by Landlord of Tenant's First Renewal Notice or Second Renewal Notice, as applicable, Landlord and Tenant will have a period of twenty (20) days within which to agree on the Fair Market Rent for each twelve (12) month period occurring during the First Renewal Term and the Second Renewal Term (as applicable).

  • Si Wei from China Agriculture Univer- sity elaborated on food security and soybean trade, Dr. Felicitas Schneider from Thünen- Institute for Market-analysis spoke about international initiatives for avoiding food loss and waste.Prof.

  • Such facilities are not intended to include typesetting, photo-engraving, electrotyping, and stereotyping of industrial type printing establishments.

  • Brekoulakis (eds), Arbitrability - International and Comparative Perspectives, Alphen aan den Rijn, Kluwer Law International, 2009 p3 (on arbitrability, which is usually interpreted to form a part of the general concept of "public policy", cf.

  • Landlord shall, within five (5) days of receipt of Tenant’s First Renewal Notice, deliver a Lease amendment solely documenting the new terms for the First Renewal Option as set forth above.

  • If Tenant shall fail to deliver to Landlord the First Renewal Notice or the Second Renewal Notice exactly as and when required under this Section, the Renewal Options shall terminate immediately and shall have no further force or effect.

  • Upon Landlord’s receipt of the First Renewal Notice, Landlord shall lease to Tenant the Premises for an extended renewal term (the “First Renewal Term”) of sixty (60) months in the then-current “AS IS WHERE IS” with all faults condition, and Landlord shall not provide to Tenant any allowances or other tenant inducements in association with the First Renewal Term.

  • Landlord, at its option, may render the First Renewal Notice null and void upon notice thereof to Tenant if, at the time that Landlord receives the same, Tenant shall be in material default under this Lease beyond any applicable notice and/or cure period.

  • Landlord, at its option, by notice to Tenant given no later than ten (10) Business Days after Landlord's receipt of the First Renewal Notice, may render the First Renewal Notice null and void if, at the time that Landlord receives the same, an Event of Default shall have occurred and is then continuing.

Related to First Renewal Notice

  • Renewal Notice As defined in Section 1.4(a).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Renewal Option has the meaning set forth in §12.1.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Second Notice has the meaning set forth in Section 6.2(ii)(b) hereof.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Notice of Renewal has the meaning specified in Section 2.01(b).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • ROFO Notice is defined in Section 6.2(a).

  • Extension Notice has the meaning specified in Section 308.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Initial Notice shall have the meaning set forth in Section 7.1.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Mediation Notice is defined in Section 6.2(b).

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).