Option to Extend Term. Landlord grants to Tenant two (2) options to extend the Lease Term ("Extension Option") for a period of five (5) years for each ("Option Term"), subject to the conditions described in this Section 2.5.
Appears in 2 contracts
Samples: Sample Lease, Sample Lease
Option to Extend Term. Landlord grants to Tenant two (2) options to extend the Lease Term ("each, an Extension Option") for a period of five (5) years for (each ("an Option Term")) each, subject to the conditions described in this Section 2.5. Tenant shall have no other right to extend the term beyond the last Option Term.
Appears in 2 contracts
Samples: Office Lease (National Information Group), Office Lease (National Insurance Group /Ca/)
Option to Extend Term. Landlord grants to Tenant two (2) options the option to extend the Lease Term ("Extension Option") for a one period of five (5) years for each Lease Years ("Option Term"), subject to the conditions described in this Section 2.54.5. Tenant shall have no other right to extend the term beyond the Option Term.
Appears in 1 contract
Samples: Agreement (Starent Networks, Corp.)
Option to Extend Term. Landlord grants to Tenant two (2) options 1 option to extend the Lease Term ("Extension Option") the initial Term of the Lease for a 1 period of five (5) 5 years for each ("Option Term"), subject to the conditions described in this Section 2.5herein below. Tenant shall have no other right to extend the Term beyond the Option Term.
Appears in 1 contract
Option to Extend Term. Landlord hereby grants to Tenant two one (21) options option to extend the initial Lease Term ("Extension Option") for a period of five (5) years for each (the "Option Extended Term"), subject to on the conditions described in this Section 2.5.following terms and conditions:
Appears in 1 contract
Samples: Net Lease Agreement (Integrated Device Technology Inc)
Option to Extend Term. Landlord grants to Tenant two one (21) options option to extend the Term of this Lease for a sixty (60) month period (the “Option”) commencing upon the expiration of the initial Term ("Extension Option") for a period or upon the expiration of five (5) years for each ("the preceding Option Term"if any), subject to upon each of the following conditions described in this Section 2.5.and terms:
Appears in 1 contract
Samples: Lease Agreement (Garden Fresh Restaurant Corp /De/)
Option to Extend Term. Landlord grants to Tenant two (2) options to extend the Lease Term ("Extension Option"Options) for a period of five (5) years for each ("Option Term"), subject to the conditions described in this Section 2.516.
Appears in 1 contract
Samples: Lease Agreement (Ultra Pac Inc)
Option to Extend Term. Landlord grants to Tenant two one (21) options option to extend the Lease Term ("Extension Option") for a period of five (5) years for each ("Option Term"), subject to the conditions described in this Section 2.5section 3.5. Tenant shall have no other right to extend the term beyond the Option Term.
Appears in 1 contract
Option to Extend Term. Landlord grants to Tenant two (2) options the option to extend the Lease Term ("Extension Option") for a one period of five (5) years for each Lease Years ("Option Term"), subject to the conditions described in this Section 2.54.5. Tenant shall have no other right to extend the term beyond the Option Term.
Appears in 1 contract
Option to Extend Term. Landlord grants to Tenant two (2) consecutive options to extend the Lease Term ("Extension Option") for a period of five (5) years for each ("Option Term"), subject to the conditions described in this Section 2.5. The Extension Options must be exercised by Tenant, if at all, only at the time and in the manner provided in this Section 2.5.
Appears in 1 contract
Samples: Leasehold Improvement Agreement
