Common use of Conditions to Exercise of Option Clause in Contracts

Conditions to Exercise of Option. Provided that Tenant is not in Default under this Lease at the time of exercise of the option to extend or at the commencement of the extension term, Tenant shall have the right to extend the Term of this Lease for an additional period of one (1) year (“Extension Term”) commencing upon January 1, 2008.

Appears in 1 contract

Sources: Office Lease Agreement (Corcept Therapeutics Inc)

Conditions to Exercise of Option. Provided that Tenant is not in Default under this Lease at the time of exercise of the option to extend or at the commencement of the extension term, Tenant shall have the right to extend the Term of this Lease for an additional period of one (1) year three years (“Extension Term”) commencing upon January April 1, 20082019.

Appears in 1 contract

Sources: Office Lease Agreement (Corcept Therapeutics Inc)

Conditions to Exercise of Option. Provided that Tenant is not in Default under this Lease at the time of exercise of the option to extend or at the commencement of the extension term, Tenant shall have the right to extend the Term of this Lease for an additional period of one two (12) year years (“Extension Term”) commencing upon January 1on July 13, 20082014.

Appears in 1 contract

Sources: Office Lease Agreement (Geron Corp)

Conditions to Exercise of Option. Provided that Tenant is not in Default under this Lease at the time of exercise of the option to extend or at the commencement of the extension term, Tenant shall have the right to extend the Term of this Lease for an additional period of one two (12) year years (“Extension Term”) commencing upon January on August 1, 20082014.

Appears in 1 contract

Sources: Office Lease Agreement (Geron Corp)