Common use of Duration of Option Clause in Contracts

Duration of Option. The Option and all rights and privileges of Lessee hereunder shall be in force for the term of this Lease until the expiration of Lessee's right to possession.

Appears in 17 contracts

Sources: Net Lease Agreement (Aei Income & Growth Fund 25 LLC), Net Lease Agreement (Aei Real Estate Fund Xv LTD Partnership), Net Lease Agreement (Aei Real Estate Fund 85-a LTD Partnership)

Duration of Option. The Option and all rights and privileges of Lessee hereunder shall be in force for the term (including any exercised renewal options) of this Lease until the expiration of Lessee's right to possession.

Appears in 2 contracts

Sources: Net Lease Agreement (Aei Real Estate Fund Xvi LTD Partnership), Net Lease Agreement (Aei Real Estate Fund Xvii Limited Partnership)

Duration of Option. The Option and all rights and privileges of Lessee hereunder shall be in force for the term of this Lease (including any exercised renewal terms hereof) until the expiration of Lessee's right to possession.

Appears in 1 contract

Sources: Net Lease Agreement (Aei Real Estate Fund Xv LTD Partnership)