Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option and at the commencement of the Renewal Term (i) this Lease shall not have been terminated and (ii) Tenant shall not be in default under this Lease beyond any applicable grace or cure periods, Tenant shall have the option (the "Renewal Option") to extend the term of this Lease for an additional five (5) year period (the "Renewal Term"), to commence at the expiration of the initial Term.
Renewal Right. Tenant shall have the option to renew the term of this Lease for one (1) renewal period (hereafter the “Renewal Term”), having a term of one (1) to five (5) years commencing immediately following the expiration of the initial Lease Term, said Renewal Term to be upon all of the terms, conditions, covenants and provisions of this Lease. The failure of Tenant to exercise the option for the Renewal Term in the manner and within the time herein provided shall terminate the rights of Tenant with respect to such Renewal Term. Tenant’s right to exercise the option to renew the Lease Term will be subject to the following conditions:
Renewal Right. 9.1. (a) Provided that on the date Tenant exercises the Renewal Option (as hereinafter defined) and at the commencement of the Renewal Term (as hereinafter defined):
Renewal Right. Tenant is granted the option (the “Renewal Option”) to extend the Lease Term for the entire Leased Premises for one (1) period of two (2) years (the “Renewal Term”), provided (a) no event of default by Tenant exists at the time of exercise of the option or at the commencement of the Renewal Term, (b) Tenant gives written notice of its exercise of the Renewal Option on or before March 31, 2017, time being of the essence, and (c) there has not been an assignment, sublease or other transfer of the Leased Premises by Tenant. During the Renewal Term, the terms and conditions governing the Lease shall remain the same except that (i) Tenant shall have no further right of renewal after the Renewal Term prescribed above; (ii) Rent for the Leased Premises shall be as set forth in Section 4 of this Amendment, (iii) the Leased Premises shall be leased in its then “as-is,” “where-is” condition, and (iv) Tenant is not entitled to any improvement allowance, rental abatement or any other tenant concessions. The Renewal Option set forth in this Amendment is the only renewal right or option applicable to the Lease; all other renewal rights or options have either lapsed or are hereby nullified and deleted from the Lease.
Renewal Right. Tenant shall have the right to renew this Lease for a period of five (5) years, provided that no default has occurred under this Lease. To effect such renewal right, Tenant shall provide Landlord, at least 6 months prior to expiration of the Primary Term, written notice of Tenant's intent to renew.
Renewal Right. The Shipper shall have the right to renew this Agreement on the following terms and conditions:
Renewal Right. Provided the Lease is in full force and effect and Tenant is not in default beyond any applicable cure period under any of the other terms and conditions of the Lease at the time of either notification of renewal or commencement of the Renewal Term, then Tenant shall have one option to renew this Lease, for a term of five years, WITH RESPECT TO XXXXX 000, XXX XXXXX 000 ONLY, commencing on the Suite 500 Extended Term Expiration Date, and on the same terms and conditions set forth in the Lease, except as modified by the terms, convenants and conditions as set forth below:
Renewal Right. (a) Provided that on the date Tenant exercises the Renewal Option (i) this Lease has not been terminated, (ii) Tenant occupies at least 5 full floors of the Building and (iii) Landlord has not delivered to Tenant a notice electing to terminate this Lease in accordance with Section 6.05 which remains in effect, Tenant shall have the option (the “First Renewal Option”) to extend the initial Term of this Lease, at Tenant’s election, for either an additional (A) 10 year period (the “First Ten Year Renewal Term”) or (B) 5 year period (the “First Five Year Renewal Term”), to commence at the expiration of the initial Term.
Renewal Right. Landlord hereby grants to Tenant the right, exercisable at Tenant’s option, to renew the term of this Lease for one (1) successive term of five (5) years. If exercised, and if the conditions applicable thereto have been satisfied, the renewal term of this Lease (the “Renewal Term”) shall commence immediately following the end of the initial Lease Term provided in Section 1.8 of this Lease. The right of renewal herein granted to Tenant is personal to Tenant (and may not be exercised by any assignee of Tenant) and shall be subject to, and shall be exercised in accordance with, the following terms and conditions:
Renewal Right. Subject to the provisions of this Section 3.4, Tenant shall have one (1) option to extend the Term (the “Renewal Option”) for all of the Premises for a period of five (5) years (the “Renewal Term”), which option shall be exercisable by notice delivered by Tenant to Landlord as provided below. Upon the proper exercise of the Renewal Option, the initial Term shall be extended by the Renewal Term, subject to every term and condition of this Lease, except that the applicable “Renewal Rent,” as that term is defined in Paragraph (c) below, shall be determined as set forth in this Section 3.4.
