Common use of COMMENCEMENT AND TERM OF LEASE Clause in Contracts

COMMENCEMENT AND TERM OF LEASE. The initial term of this Lease shall be for a period of three years commencing on December 15th, 1998. The lease will terminate on the last day of the 36th month after the Lease commencement date, unless extended by the exercise of the option herein set forth. Any holding over with the consent of the Landlord after the original term, if not extended, of the Lease or after any renewal term shall be deemed a month-to-month tenancy, terminable upon thirty days notice, subject to the other terms of this lease.

COMMENCEMENT AND TERM OF LEASE. The initial term of this Lease shall be for a period of three 3 years commencing and commence on December 15thMay 1, 19982018 and end April 30, 2021. The lease will terminate on the last may be terminated by Landlord or Tenant upon 120 day written notice. Except as specifically provided herein, all terms and conditions of the 36th month after Agreement shall remain in full force and effect, without waiver or modification. This Amendment and the Lease commencement date, unless extended by the exercise of the option herein set forth. Any holding over with the consent of the Landlord after the original term, if not extended, of the Lease or after any renewal term Agreement shall be deemed a month-to-month tenancy, terminable upon thirty days notice, subject to the other terms of this leaseread together as one document.