Fourth Renewal Term definition

Fourth Renewal Term is defined in Paraxxxxx 0X xx this Lease.

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Fourth Renewal Term. As a condition to the right to renew the Third Renewal Term (for years nine and 10) of the License (the “Fourth Renewal Term”), VIASPACE shall have achieved during the Third Renewal Term the following milestones as a condition to any such renewal:

Fourth Renewal Term means July 1, 2024 to June 30, 2025.

Examples of Fourth Renewal Term in a sentence

• Tenant acknowledges that if Tenant does not elect to exercise its options to extend the Term of the Master Lease for the Fourth Renewal Term or the Fifth Renewal Term, Landlord will need to sell the Leased Properties or find a new operator to lease the Leased Properties.

• Pursuant to Section 1 of the Contract, this Fourth Renewal Term and any subsequent renewals, shall be subject to all specifications and terms and conditions of the Contract, the OAG Certification Agreement, and the Incorporated Documents as defined in Section 2 therein.

• Base Rent for the Fourth Renewal Term and the Fifth Renewal Term, if applicable, shall be the fair market value base rent as negotiated in the future by Landlord and Tenant.

• Pursuant to the Fifth Amendment, the Fourth Renewal Term expires on June 30, 2017.

• The assumption of a unique investor is therefore immaterial for the results in this setting.

• Upon execution of this Fifth Amendment to Office Building Lease, Tenant shall deposit with Landlord the additional sum of Two Thousand, Nine Hundred Eight-Four and 15/100 Dollars ($2,984.15), so that such sum, together with the original Security Deposit, shall equal the Base Rent due for the last month of the Fourth Renewal Term and such original Security Deposit together with the additional amount shall be considered the “Security Deposit” and shall be subject to Article 5 of the Original Lease.

• As of the Fourth Renewal Term Commencement Date, Tenant’s Base Year for the Existing Premises and the Second Expansion Premises shall be adjusted to 2012.

• From and after the Fourth Renewal Term Commencement Date, each and every reference in the Lease and in this Amendment to “Premises” shall be and mean the Existing Premises, the Second Expansion Premises and the Third Expansion Premises, collectively.

• For Employees who meet the qualifications of the Family and Medical Leave Act (FMLA): Leave may be designated by the employee and/or the Employer as leave under FMLA.

• On and after the Fourth Renewal Term Commencement Date, all of the terms and provisions of the Lease, as amended hereby, shall apply to both the Existing Premises, the Second Expansion Premises and the Third Expansion Premises.

More Definitions of Fourth Renewal Term

Fourth Renewal Term shall have the meaning set forth in Section 3.2 of this Lease.

Fourth Renewal Term as defined in Section 33.1(a).

Fourth Renewal Term means the term as specified in section 5.6;