Common use of Extension Options Clause in Contracts

Extension Options. Tenant, at its option, may extend the Term of the Lease for two (2) consecutive periods of five (5) years each, subject to the terms and conditions of the Lease.

Appears in 2 contracts

Samples: Lease Agreement (Gsi Technology Inc), Lease Agreement (Gsi Technology Inc)

AutoNDA by SimpleDocs

Extension Options. Tenant, at its option, may Tenant shall have the right to extend the Term of the this Lease for two one (21) consecutive periods additional period of five (5) years each, subject to (the terms and conditions of the Lease“Extension Term”).

Appears in 2 contracts

Samples: Retail Lease Agreement (Obagi Medical Products, Inc.), Retail Lease Agreement (Obagi Medical Products, Inc.)

Extension Options. Tenant, at its option, may extend the Term of the Lease for Tenant shall have two (2) consecutive periods options to extend the Initial Term of the Lease, each for a successive extension period of five (5) years eachyears, subject to and in accordance with the terms and conditions of the Leaseset forth in Exhibit D-1.

Appears in 2 contracts

Samples: Cerevel Therapeutics Holdings, Inc., TripAdvisor, Inc.

Extension Options. Tenant, at its option, may Tenant shall have two (2) options to extend the Term of the Lease for two (2) consecutive periods an additional period of five (5) years each, subject each pursuant to the terms and conditions of the Leaseset forth in Section 30.1.

Appears in 2 contracts

Samples: Aecom Technology Corp, Office Lease (Aecom Merger Corp)

Extension Options. Tenant, at its option, may Tenant is hereby granted the following options to extend the Lease Term of (each an “Extension Option”) with respect to the Lease for Leased Premises, in “as-is” condition: two (2) consecutive additional periods of five (5) years eachyears, subject to and one (1) additional period ending on the date that is 359 months after the Effective Date (each an “Extension Term”), on the following terms and conditions of the Lease.conditions:

Appears in 1 contract

Samples: Lease Agreement (Ansys Inc)

Extension Options. Tenant, at its option, may (a) Landlord hereby grants to Tenant the option to extend the Term term of the this Lease for two (2) consecutive periods successive terms of five (5) years each (each, subject to a "Fixed Rate Extension Term"), with each such Fixed Rate Extension Term commencing on the terms and conditions date that is the day after the expiration of the LeaseBase Term or the preceding Fixed Rate Extension Term, as the case may be.

Appears in 1 contract

Samples: Sublease Agreement (Nalco Energy Services Equatorial Guinea LLC)

Extension Options. Tenant, at its The Lease grants to Tenant the right and option, may subject to certain conditions, to extend the initial Term of the Lease for two (2) consecutive additional periods of five (5) years each, subject to the terms Lease Years each and conditions one additional period of the Leasefour (4) Lease Years and eleven (11) months.

Appears in 1 contract

Samples: Asset Purchase Agreement (DineEquity, Inc)

AutoNDA by SimpleDocs

Extension Options. Tenant, at its option, may Tenant is hereby granted one (1) additional option to extend the Lease Term for a period of five (5) years, resulting in Tenant having the ability, pursuant to Section 4.1 of the Lease, to extend the Lease Term for two three (23) consecutive additional periods of five (5) years eacheach following the Initial Lease Term Expiration Date, subject to all the terms and conditions provisions of the Lease.

Appears in 1 contract

Samples: Quidel Corp /De/

Extension Options. Tenant, at its option, may extend the Term of the Lease for Tenant has two (2) consecutive periods of options to extend the Lease Term for five (5) years each, subject to the terms and conditions of the Lease.

Appears in 1 contract

Samples: Assignment and Amendment Agreement (Lexicon Genetics Inc/Tx)

Extension Options. Tenant, at its option, may Tenant has four (4) options to extend the Term term of the Lease for two four (24) consecutive additional periods of five (5) years each, subject to in accordance with the terms and conditions of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Lincoln Educational Services Corp)

Extension Options. TenantSubject to the conditions, at its optionlimitations and exceptions set forth in the Lease, may Tenant shall have the option to extend the Term of the Lease for up to two (2) consecutive periods of five (5) years each, subject to the terms and conditions of the Lease.

Appears in 1 contract

Samples: Lease (Kingsway Financial Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.