Right of Renewal Sample Clauses

Right of Renewal. 5.1 Practitioner will be entitled to renew the agreement by notice in writing to the Performer given by not later than thirty (30) days prior to the expiry date to the current exposure of renewal period, failing which such rights shall cease subject to the provisions in clause 5.3.
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Right of Renewal. Lessee, at its option, may extend and renew the term of this Lease for up to two (2) additional (but consecutive) five (5)- year terms (First term: January 1, 2033 through December 31, 2037); Second term: January 1, 2038 through December 31, 2042) commencing, if at all, at the expiration of the term immediately preceding such option term, upon all the same terms and conditions as set forth herein (excluding any right of renewal other than such two (2) additional five (5)-year terms) and with the rental increases as hereinafter provided. Such option(s) shall be exercised (if at all) by Lessee delivering written notice of such exercise to Lessor at least six (6) months before the expiration of the term which would immediately precede such option five (5)-year term, as set forth herein, at the address designated below. Upon the delivery of such notice to Lessor at the address below, at least six (6) months before the expiration of the term which immediately precedes such five-year option term, this Lease shall be extended for such additional five (5)-year option term upon all the terms and conditions (excluding any right of further renewals other than as expressly set forth herein) and with the rental increases set forth herein without the necessity of execution of any further instrument or document; provided, further (and separate and apart from Lessor's right to otherwise terminate this Lease as provided herein), that if at either the date of expiration of the term immediately preceding such potential option term, or the date upon which Lessee exercises such option to extend, Lessee is in default in the performance of any of the terms and conditions of this Lease, the extension of the term shall, at Lessor's sole option, be voidable by Lessor. Failure of Lessee to give written notice to Lessor, at least six months before the expiration of the then-existing term, shall result in the loss by Lessee of all rights of renewal as set forth herein and shall therefore result in the termination of this Lease at the end of its original term or if such renewal right was timely exercised by Lessee, as set forth herein, this Lease shall then terminate at the end of the five-year term for which such timely renewal notice was given (unless, however, this Lease was otherwise terminated by Lessee as provided hereunder). The following hypothetical example is hereby given:
Right of Renewal. 4.1 The Lessee shall, if applicable, as indicated in item 6(b) of the Schedule, and provided the Lessee is not in breach of any of the terms of this Lease at the time, be entitled to renew this Lease for the Period set out in item 6(b) of the Schedule ("the Renewal Period") on the same terms and conditions as herein contained, save that the rental for the Renewal Period shall be as set out in item 7(b) of the Schedule and that there shall be no further right of renewal.
Right of Renewal. 4.1 If there is a right of renewal provided for in Section D of Schedule 1 the Director-General may renew the Term for a further period by giving the Manager at least three month’s written notice before the end of the Term, providing that the Manager is not in breach of this Agreement. The Manager is to advise the Director-General within 2 months of receiving such Notice in writing (delivered or sent by mail, fax or e- mail) that it wishes to renew this Agreement.
Right of Renewal. Provided this Lease is not in default, the Tenant is granted a right of renewal of this Lease as follows: At the option of the Tenant, the Term of this Lease may be extended for two (2) renewal period(s) of three (3) years and two (2) years respectively, each by written notice to the Landlord at least six (6) months prior to the expiration of the Term, or any renewal Term thereof, as the Lease may be. Upon valid exercise of any such rights of renewal, the terms of this Lease shall remain in full force and effect except that Basic Rent shall be as stipulated in Section 5.03 and the Term shall include the exercised renewal term.
Right of Renewal. 12.1 If the Lessee: • Has given to the Lessor written notice to renew the lease at least three calendar months before the end of the term (time being of the essence); and • Is not at the date of the giving of such notice and at the renewal date in breach of this lease then the Lessor will grant a new lease for a further term in accordance with the Schedule to this lease from the renewal date as follows:
Right of Renewal. Provided the Lessee is not in default of this Lease the Lessee shall be entitled to
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Right of Renewal. 1. Throughout the term of this Contract, where Party B intends to renew the lease of the Premises upon expiry of the lease term, Party B shall give an irrevocable written notice to Party A three months prior to the expiration of the lease term. If Party B has given a written notice, but does not renew the lease according to the written notice following the expiration of the original lease contract, Party B shall pay Party A the liquidated damages being equal to twice the monthly rent plus property management fee.
Right of Renewal. The Publishers shall have the right to renew the term of the Services as provided in this Agreement.
Right of Renewal. 17.1 The Publishers shall have the right to renew the term of the Services by notice in writing to HealthGate to be given on or before 30 September 1999. If the Publishers exercise their right to renew, the term of the Services shall be extended by one further year, up to and including 28
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