Lease Extension definition

Lease Extension means extension of the expiration date of a lease to provide for continued occupancy on a short term basis.
Lease Extension means extending the term of an existing lease.
Lease Extension at least 5 years prior to the end of the initial term, the Trust may elect to extend the term of the Prepaid Residential Lease for a minimum of 25 years and during such extension term each Owner will pay its proportionate share of the fair market rent relating to the Project Site (not including the Project building).

Examples of Lease Extension in a sentence

  • Likewise, any work performed under a Lease extension granted by the City may not be counted as ACDBE or DBE participation.

  • Indicate the code that describes the reason the lease was modi- fied during the reporting period.(2) Lease extension.

  • Lease extension: Variable If your existing lease has less than 80 years remaining, your buyer may have difficulty obtaining a mortgage and could request a lease extension.

  • Any proposed terms for the 34 year Ground Lease extension should be included in the Ground Rent Offer.

  • The Tenant agrees to furnish a receipted water xxxx for the above premises to Landlord/Agent at termination of the Lease, extension or renewals thereof.


More Definitions of Lease Extension

Lease Extension has the meaning set forth in Section 5.8.
Lease Extension shall have the meaning provided in Section 2.16(a) of the Participation Agreement. “Lease Extension Term” shall have the meaning provided in Section 2.16(a) of the Participation Agreement. “Lease Guaranty” shall mean that certain Guaranty, dated as of the Closing Date, from the Guarantor to the Beneficiaries (as defined therein), made in connection with the Overall Transaction. “Lease Supplement” shall mean each supplement to the Lease Agreement in the form attached to the Lease Agreement as Exhibit A thereto, delivered on the Base Term Commencement Date pursuant to Section 3.1 of the Participation Agreement. “Lease Term” shall have the meaning provided in Section 2.2 of the Lease.
Lease Extension means the Lease Extension between Brial and Krysxxx xx the form attached as Exhibit F.
Lease Extension shall be deleted and amended to read: LEASE EXTENSION If this Lease shall not have been terminated pursuant to any provisions hereof, then Tenant may, at Tenant's option, extend the term of this Lease for one (1) successive additional term of 35 XEROX Amendment to Lease June 1, 1994 page two three (3) years, commencing on the expiration of the original term, or the immediately preceding additional term as the case may be. Tenant may exercise such option by giving Landlord written notice at least six (6) months prior to the expiration of the original term, as the case may be and in the event Tenant has elected to exercise its option to lease additional space pursuant to Paragraph 25, the option provided for herein shall include such additional space. Upon the giving by Tenant to Landlord of such written notice the compliance by Tenant with the foregoing provisions of this Paragraph 16, this Lease shall be deemed to be automatically extended upon all the covenants, agreements, terms provisions and conditions, set forth in this Lease, except rental which:
Lease Extension is defined in Section 14.18 of the Participation Agreement.
Lease Extension shall have the meaning provided in Section 2.16(a) of the Participation Agreement.
Lease Extension means have the meaning set forth in Section 27.01 hereof. “Lease Extension Amendment” shall have the meaning set forth in Section 27.03(c)hereof.