Common use of Multiple Options Clause in Contracts

Multiple Options. In the event that Subtenant has any multiple Options to extend or renew this Sublease, a later Option cannot be exercised unless the prior Options have been validly exercised.

Appears in 5 contracts

Sources: Sublease (Ariba Inc), Sublease Commencement Date Agreement (Interwoven Inc), Sublease (Netscreen Technologies Inc)

Multiple Options. In the event that Subtenant Sublessee has any multiple Options to extend or renew this Sublease, a later Option cannot be exercised unless the prior Options have been validly exercised.

Appears in 1 contract

Sources: Sublease (Virgin Galactic Holdings, Inc)