Extension of the Lease. 5.1 At the expiration of the term of the lease, Party B shall have the right of first refusal to extend the lease upon the same condition.
Extension of the Lease. After the expiration of the first five year lease term ("Initial Term"), DCH WIC may extend this Lease under all the conditions and terms of this Lease, for an additional five year term by giving Nueces County written notice by certified mail to Nueces County Courthouse, 000 Xxxxxxx, Xxxxxx Xxxxxxx, Xxxxx 00000, ninety (90) days prior to the expiration of the lease term.
Extension of the Lease. (A) Subject to that stated in subclauses (B) - (D) hereunder, the Lessee is entitled to extend the Lease for an Additional Lease Period, provided that it shall notify the Lessor, within the last twelve months of the end of the Period of the Lease, of its desire to extend it. The Lease Conditions during the Additional Lease Period shall be as is customary at that time for real-estate leasing of the leasehold type by the Lessor in the vicinity of the Leasehold and for the Purpose of this Leasehold, and taking into account that the Lessee paid for construction of the structures.
Extension of the Lease. The Lease shall be extended through January 31, 2017.
Extension of the Lease. The Lease for the Total Space shall be extended through January 31, 2017.
Extension of the Lease. (a) Subject to the provisions of subsections (b)-(d) hereunder, the Lessee shall be entitled to extend the lease for an additional term of forty nine (49) years, provided that it shall notify the Lessor of its wish to extend the same within the last 12 months prior to expiration of the Term of the Lease; the terms and conditions of the lease during the Additional Term of Lease shall be as customary at that time with respect to land of the type of the Leased Premises leased by the Lessor in the area of the Leased Premises, and for the purpose of such lease, and taking into account that the Lessee had paid for the Initials: R.G., O.B. [ Letterhead of the Israel Land Administration ] construction of the Buildings.
Extension of the Lease. A. Subject to the provisions of paragraphs (B) through (D) hereinbelow, the Lessee is entitled to an extension of the Lease Period by an additional period of forty-nine (49) years on the condition that the Lessee shall have notified the Lessor to this effect within the last 12 months preceding the expiry of the Lease Period. The conditions of the lease during the additional Lease Period shall be as applied at the time by the Lessor with regard to the lease of land comparable to the Premises in the area of the Premises and for the same purpose, taking into account that the Lessee shall have paid for the construction of the Buildings.
Extension of the Lease. The rents of the extension are identified as those of the period closing and under the conditions of article 5/Special Conditions. It will be therefore established on a monthly basis- it falls to the Lessee to define with the supplier the following conditions regarding material; at issue is the period of extension and under reserve of notification made in the conditions of Article 8.2. The Lessee has the faculty to restore the equipment according to the modalities of Article 9.
Extension of the Lease. In the event that the Lessee will inform the Lessor in writing at least seven months before the expiry date of the Lease Agreement about the intention of the prolongation of the Lease Agreement and The Lessor approve such prolongation within 30 days in written, this Lease Agreement will be extended for a duration agreed upon by both parties on the same terms and conditions, which will be binding in the last month of the Lease Period, in particular in respect of the Basic Rent and Service Charges (taking into account the valorisation and provided that the Lessee will not be obliged to carry out any fit out works in the Property.)
Extension of the Lease. 4. (a) The term of the lease as set forth in Article 3 may be extended for successive additional periods of one year each, but not beyond October 31, «Expiration_Date», with prior written approval of the Bureau of Reclamation: provided, that the lease may be extended for additional successive periods of one year each for 1) up to five years from the above date if the lessee has achieved organic status as provided in Article 4(b); 2) up to three years from the above date for an approved summer flood fallow program as provided in Article 4(c), 3) up to one year from the above date if the lessee has an approved fall flooding program as provided in Article 4(d), or 4) up to ten crop years for laser leveling as provided in Article 4(e). The Bureau of Reclamation may condition its approval of the lease extension on acceptance of new or modified terms and conditions of the Lease. If an extension is approved, an advance payment as stated per Article 2 for the succeeding lease year must be paid in full and received no later than the date specified on the xxxx of collection evidencing approval to extend the lease (usually by January 15th). Receipt of the advance payment per Article 2 is lessee's agreement to the terms and conditions in any lease extension.
