Examples of Renewal Notice Date in a sentence
If Lessor and Lessee are unable to agree upon the Agreed FMV Rent on or prior to the Renewal Notice Date, then the first day of the Renewal Term shall be an Adjustment Date and Base Rent (including its Minimum Rent component) for each year of the Renewal Term, including the first year of the Renewal Term, shall be adjusted in the same manner, using the same methodology, as Base Rent (including its Minimum Rent component) was adjusted during the Initial Term.
Commencement Date: (Section 2.1) Renewal Options: ( ) consecutive periods of ( ) years each Renewal Notice Date: Select: 30, 60 or 90 days prior to end of Initial Term Leasehold Improvements: (if applicab le) See Section 1.2 See Exhibit B (please attach detailed description) Build-Out Allowance: (if applicable) $ .
If Tenant does not deliver the Fair Market Rent Determination Notice on or before the Renewal Notice Date, Tenant will be deemed to have decided not to exercise the Renewal Option and the Lease will expire at the end of the Initial Term.
As part of the Business Take On process set forth in this Section 1, CPA Global will provide Customer with a Service Guide setting forth the key dates related to the Services, including the Renewal Notice Date, Last Date for Abandonment and Invoice Date.
Should Tenant not provide Landlord with written notice of its desire to exercise any Renewal Option by the applicable Renewal Notice Date, all Renewal Options shall automatically terminate.