Common use of Extension Term Clause in Contracts

Extension Term. The Term of the Lease is hereby extended for sixty (60) months and, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing on January 15, 2018 (the “Extension Term Commencement Date”) and ending on the Term Expiration Date shall be referred to herein as the “Extension Term.”

Appears in 2 contracts

Samples: Lease (Halozyme Therapeutics Inc), Lease (Halozyme Therapeutics Inc)

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Extension Term. The Term of the Lease is hereby extended for sixty thirty-six (6036) months and, therefore, the Term Expiration Date is hereby amended to mean January 14September 10, 20232016. The period commencing on January 15September 11, 2018 (the “Extension Term Commencement Date”) 2013 and ending on the Term Expiration Date shall be referred to herein as the “Extension Term.”

Appears in 2 contracts

Samples: Lease (Ardelyx, Inc.), Lease (Ardelyx, Inc.)

Extension Term. The Term of the Lease is hereby for the Premises shall be extended for sixty by sixty-five (6065) months and, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing on January 15March 1, 2018 2020 (the “Extension Term Commencement Date”) ), and ending expiring on the Term Expiration Date shall be referred to herein as the July 31, 2025 (“Extension Term”). Upon the Effective Date hereof, all references in the Lease to the "Expiration Date" shall mean July 31, 2025.

Appears in 1 contract

Samples: Lease (KBS Real Estate Investment Trust II, Inc.)

Extension Term. The Term of the Lease is hereby extended for sixty sixty-five (6065) months and, therefore, the Term Expiration Date is hereby amended to mean January 14August 31, 20232024. The Notwithstanding that, prior to this Amendment, the Term of the Existing Lease was scheduled to expire on March 31, 2019, the period commencing on January 15September 1, 2018 2017 (the “Extension Term Commencement Date”) and ending on the Term Expiration Date shall be referred to herein as the “Extension Term.”

Appears in 1 contract

Samples: Lease (Zosano Pharma Corp)

Extension Term. The Lease Term of with respect to the Lease Existing Premises is hereby extended for a period of sixty (60) months and, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing on January 15, 2018 (the “Extension Term”), so as to expire on January 31, 2012 (“Extension Term Commencement Expiration Date”) ), unless sooner terminated or extended pursuant to the Lease or this Agreement. Except as expressly set forth herein, all of the terms and ending on conditions of the Term Expiration Date Lease shall be referred apply to herein as the Existing Premises during the Extension Term.

Appears in 1 contract

Samples: Lease (Entravision Communications Corp)

Extension Term. The Term As of the Effective Date, the term of the Lease is hereby shall be extended for sixty five (6065) months and("Extension Term"), therefore, the Term Expiration Date is hereby amended to mean January commencing on September 14, 2023. The period commencing on January 15, 2018 2003 (the “"Extension Term Commencement Date") and ending expiring on the Term February 13, 2009 ("Extension Expiration Date Date"). Tenant shall be referred deemed to herein as have exercised its "Option to Renew" set forth in Article 51 of the “Extension TermLease and Tenant acknowledges and agrees that Tenant does not have any further options to renew or extend the term of the Lease.

Appears in 1 contract

Samples: Letter Agreement (Accpac International Inc)

Extension Term. The Term term of the Lease is hereby extended with respect to the Renewal Premises only for sixty (60) a period of sixteen years and five months and, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing on January 15, 2018 (the "Extension Term") from January 1, 2004 (the "Extension Term Commencement Date") and ending on through the Term Expiration Date shall be referred to herein as the “Extension TermDate, which is hereby extended until May 31, 2020.

Appears in 1 contract

Samples: Ninth Amendment of Lease and Extension Agreement (Dow Jones & Co Inc)

Extension Term. The Term term of the Lease is hereby extended for sixty five (605) months andyears, thereforeending on September 30, 2013 (the Term Expiration Date is hereby amended to mean January 14, 2023Date”). The period commencing on January 15from October 1, 2018 (2008, through the “Extension Term Commencement Date”) and ending on the Term Expiration Date shall be referred to herein as the “Extension Term.” Nothing in this Section 2 shall affect Tenant’s right to exercise the Extension Options under the Lease.

Appears in 1 contract

Samples: Industrial Lease (BioMed Realty Trust Inc)

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Extension Term. The Upon the occurrence of the Effective Date, the Term of shall be extended until February 28, 2021 (the “Extension Term”). From and after the Effective Date, all references in the Lease to “Expiration Date” shall mean and refer to February 28, 2021. Tenant has no remaining renewal options under the Lease, and the Option to Extend the Lease Term under Addendum 1 to the Lease is hereby extended for sixty (60) months and, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing on January 15, 2018 (the “Extension Term Commencement Date”) and ending on the Term Expiration Date shall be referred to herein as the “Extension Termdeleted.

Appears in 1 contract

Samples: To Lease Agreement (Abaxis Inc)

Extension Term. The Term of the Lease is hereby extended for sixty a period of sixty-five (6065) months andmonths, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing on January 15June 1, 2018 2004 and ending on October 31, 2009 (the “Extension Term”). The word “Term,” as used in the Lease, shall mean the initial Term Commencement Date”) and ending on the Term Expiration Date shall be referred to herein as the “Extension Term.

Appears in 1 contract

Samples: Lease (Rae Systems Inc)

Extension Term. The Term of the Lease Term, which is currently scheduled to expire on August 31, 2022, is hereby extended for sixty an additional period of sixteen (6016) months and, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing on January 15September 1, 2018 2022 (the “Extension Term Commencement Date”) and ending continuing through and expiring on the Term Expiration Date shall be referred to herein as December 31, 2023 (such period, the “Extension Term”), upon and subject to all of the existing terms of the Lease, as amended by this First Amendment.

Appears in 1 contract

Samples: Office Lease (Xencor Inc)

Extension Term. The Term term of the Lease is hereby extended for sixty to June 30, 2026 (60the “Expiration Date”) months and, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing beginning on January 15July 1, 2018 2023 (the “Extension Term Commencement Date”) and ending as of Midnight on the Term Expiration Date shall be is sometime referred to herein as the “Extension Term.”

Appears in 1 contract

Samples: Lease (Savara Inc)

Extension Term. The Term of the Lease Lease, which is currently scheduled to expire on March 31, 2017, is hereby extended for sixty (60) the duration of the Extension Term. being a period of 36 months and, therefore, the Term Expiration Date is hereby amended to mean January 14, 2023. The period commencing on January 15April 1, 2018 2017 (the “Extension Term Commencement Date”) and ending continuing through and expiring on March 31, 2020, upon and subject to all of the Term Expiration Date shall be referred to herein existing terms of the Lease, as the “Extension Termamended by this Fourth Amendment.

Appears in 1 contract

Samples: To Lease (Selecta Biosciences Inc)

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