Renewal Option Period definition

Renewal Option Period. As defined in Section 19.1. Rent: Collectively, the Minimum Rent, Additional Charges and all other amounts payable under this Lease.
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Renewal Option Period has the meaning set forth in Section 4(A) of this Agreement.
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Renewal Option Period. As defined in Section 19.1. Portions of this exhibit that have been marked by [***] have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission. Rent: Collectively, the Minimum Rent, Additional Rent, Additional Charges and all other amounts payable under this Lease. Rent Year: (i) For Pools 1, 2 and 3, a Lease Year, (ii) for Pool 4, the first Rent Year shall be the period commencing on the Commencement Date and ending on October 31, 2018, and each subsequent Rent Year shall be the period of twelve (12) full calendar months after the last day of the prior Rent Year, (iii) for Pool 5, the first Rent Year shall be the period commencing on the Commencement Date and ending on March 31, 2018, and each subsequent Rent Year shall be the period of twelve (12) full calendar months after the last day of the prior Rent Year, (iv) for Pool 6, the first Rent Year shall be the period commencing on the Commencement Date and ending on September 30, 2018, and each subsequent Rent Year shall be the period of twelve (12) full calendar months after the last day of the prior Rent Year, (v) for the Austin Facility, the first Rent Year shall be the period commencing on the Commencement Date and ending on September 30, 2018, and each subsequent Rent Year shall be the period of twelve (12) full calendar months after the last day of the prior Rent Year, (vi) for the Greenwood Facility, the first Rent Year shall be the period commencing on the Commencement Date and ending on March 31, 2018, and each subsequent Rent Year shall be the period of twelve (12) full calendar months after the last day of the prior Rent Year, (vii) for the Oak Park Facility, the first Rent Year shall be the period commencing on the Commencement Date and ending on February 28, 2018, and each subsequent Rent Year shall be the period of twelve (12) full calendar months after the last day of the prior Rent Year, and (viii) for the Nashville Facility, the first Rent Year shall be the period commencing on the Commencement Date and ending on October 31, 2018, and each subsequent Rent Year shall be the period of twelve (12) full calendar months after the last day of the prior Rent Year, (ix) for Pool 9, the first Rent Year shall be the period commencing on the Commencement Date and ending on March 31, 2018, and each subsequent Rent Year shall be the period of twelve (12) full calendar months after the last day of the prior Rent Year, (x) for Pool 10,...
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Examples of Renewal Option Period in a sentence

  • In consideration of the extension of the Option pursuant to each Renewal Option Period, Lessee shall pay to Lessor the Option Extension Fee within thirty (30) days of the commencement of each Renewal Option Period.

  • Contract Year Annual Fixed Retainer Fee 1 $144,000.00 2 $144,000.00 3 $144,000.00 Renewal Option Period Annual Fixed Retainer Fee 1 $144,000.00 2 $144,000.00 Any travel costs will be paid in accordance with Exhibit B, Authority Policy P412, Travel, Business Development and Working Meals Expenses.

  • Renewal Option Period 1 January 1, 2022- December 31, 2022 Initial Contract Period January 1, 2020- December 31, 2021 BY SIGNING BELOW, THE PARTIES AGREE TO THE TERMS OF EXTENSION SET OUT HEREIN vendor Xxxxxxxx Building Maintenance, Inc.

  • Each Renewal Option Period shall commence the day immediately following the expiration of the Initial Term or previous Renewal Option Period, as applicable.

  • Square Foot Cost Year 1 $141,329.32 $1,695,951.78 $15.99 Year 2 $145,569.19 $1,746,830.33 $16.47 Year 3 $149,936.27 $1,799,235.24 $16.97 Year 4 $154,434.36 $1,853,212.30 $17.48 Year 5 $159,067.39 $1,908,808.67 $18.00 ADSLLP-00086836.8 Renewal Option Period Three (3).

  • This Modification 2 is issued to exercise Renewal Option Period 2 (Year 3), in accordance with Exhibit E-Revised- 1, Contractual Terms and Conditions, Section 4, OPTION TO EXTEND TERM, for the Contract Prices in Exhibit A-Pricing, Option Period 2 (Year 3) of Section 8, Item 1.

  • This Modification 1 is issued to exercise Renewal Option Period 1 (Year 2), in accordance with Exhibit E-Revised- 1, Contractual Terms and Conditions, Section 4, OPTION TO EXTEND TERM, for the Contract Prices in Exhibit A-Pricing, Option Period 1 (Year 2) of Section 7, Item 1.

  • Square Foot Cost Year 1 $121,911.91 $1,462,942.90 $13.80 Year 2 $125,569.27 $1,506,831.19 $14.21 Year 3 $129,336.34 $1,552,036.13 $14.64 Year 4 $133,216.43 $1,598,597.21 $15.07 Year 5 $137,212.93 $1,646,555.13 $15.53 Renewal Option Period Two (2).

  • This Modification 3 is issued to exercise Renewal Option Period 2 (Year 3), in accordance with Exhibit E-Revised- 1, Contractual Terms and Conditions, Section 4, OPTION TO EXTEND TERM, for the Contract Prices in Exhibit A-Revised-3-Pricing, Option Period 2 (Year 3) of Section 9, Items 5-8A.

  • In consideration of the extension of the Option pursuant to the Renewal Option Period, Lessee shall pay to Lessor the Option Extension Fee within thirty (30) days of the commencement of the Renewal Option Period.


More Definitions of Renewal Option Period

Renewal Option Period has the meaning given to that term in paragraph 1.1.4.1.
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Renewal Option Period has the meaning given to that term in Section 3.5 hereof.
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Renewal Option Period has the meaning given to that term in Section 3.5 hereof. “Rent” means all Fixed Rental.
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Related to Renewal Option Period

  • Renewal Option has the meaning set forth in §12.1.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Option Period means the period during which an Option may be exercised.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Option to Extend has the meaning given that term in Section 2.13.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Renewal Term has the meaning set forth in Section 2.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Renewal Notice As defined in Section 1.4(a).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Initial Term has the meaning set forth in Section 7.1.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Extension Term means the time period defined in §2.C.

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).