Common use of Option Right Clause in Contracts

Option Right. Landlord hereby grants Tenant one (1) option to extend the initial Lease Term for the entire Premises for a period of five (5) years (the "Option Term"), which option shall be exercisable only by written Exercise Notice (as defined below) delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Notice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the Lease and Tenant has not been in default beyond the expiration of any applicable notice and cure period more than twice in any one Lease Year. Upon the proper exercise of such option to extend, and provided that, as of the end of the initial Lease Term, Tenant is not in default, as described above, under the Lease, the initial Lease Term shall be extended for the Option Term. The rights contained in this Article 30 shall be personal to the original Tenant executing the Lease and any Affiliate and may only be exercised by the original Tenant or Affiliate, as the case may be, (and not any other assignee, sublessee or other transferee of Tenant's interest in the Lease) if the original Tenant or Affiliate, as the case may be, occupies the entire Premises as of the date of the Exercise Notice.

Option Right. Landlord hereby grants the Original Tenant one and its Permitted Transferee Assignee, two (12) option options to extend the initial Lease Term for the entire Premises for Premises, each by a period of five (5) years (the "each, an “Option Term"”), which . Such option shall be exercisable only by written Exercise Notice (as that term is defined belowin Section 29.18 of this Lease) delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Notice, Tenant is not then in a state of uncured monetary or other material non-monetary default following the expiration of the applicable cure periods under the this Lease and Tenant has not been in default beyond the expiration of any applicable notice and cure period more than twice in any one Lease Yearperiod. Upon the proper exercise of such option to extend, and provided thatthe Lease Term (including the Lease Expiration Date), as of it applies to the end of the initial Lease Termentire Premises, Tenant is not in default, as described above, under the Lease, the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Tenant executing the Lease and any Affiliate and may only be exercised by the original Original Tenant or Affiliate, as the case may be, any Permitted Transferee Assignee (and not any other assignee, sublessee or other transferee of the Original Tenant's ’s interest in the this Lease) if the original Original Tenant or Affiliate, as the case may be, occupies the entire Premises as and/or its Permitted Transferee Assignee is in occupancy of at least sixty-seven percent (67%) of the date rentable square footage of the Exercise Noticeinitial Premises leased by Tenant under this Lease (subject to the last sentence of Section 14.4 below).

Option Right. Landlord hereby grants Tenant one two (12) option options to extend the initial Lease Term for the entire Premises for a period of five three (53) years each (the each, an "Option Term"), which option shall be exercisable only by written Exercise Notice (as defined below) delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Notice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the Lease and Tenant has not been in default beyond the expiration of any applicable notice and cure period more than twice in any one Lease Year. Upon the proper exercise of such option to extend, and provided that, as of the end of the initial Lease Term, Tenant is not in default, as described above, under the Lease, the initial Lease Term shall be extended for the applicable Option Term. Notwithstanding the foregoing, at Landlord's option. in addition to any other remedies available to Landlord under the Lease, at law and/or in equity, Tenant shall not have the right to extend the Lease Term for the applicable Option Term if as of the date of delivery of the Exercise Notice by Tenant, or as of the end of the Lease Term (or prior Option Term, if applicable), Tenant is in default under the Lease after expiration of any applicable notice and cure period. The rights contained in this Article 30 Extension Rider shall be personal to the original Original Tenant executing and any assignee that is an Affiliate of the Original Tenant's entire interest in the Lease and any Affiliate pursuant to Section 14.7 of the Lease and may only be exercised by the original Original Tenant or Affiliate, as the case may be, such assignee that is an Affiliate (and not any other assignee, sublessee or other transferee of the Original Tenant's interest in the Lease) if the original Original Tenant (or such assignee that is an Affiliate, as the case may be, ) occupies the entire Premises as of the date of the Exercise Notice.

Option Right. Landlord hereby grants Tenant one the Original Tenant, its Affiliates and any Permitted Assignee, two (12) option options to extend the initial Lease Term for the entire Premises for each by a period of five (5) years (the "each, an “Option Term"”), which . Such option shall be exercisable only by written Exercise Notice (as defined below) delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Notice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods Default under the this Lease and Tenant has not been in default (beyond the expiration of any applicable notice and cure period more than twice in any one Lease Yearperiods). Upon the proper exercise of such option to extend, and provided that, as of the end of the initial then applicable Lease Termterm, Tenant is not in defaultDefault under this Lease (beyond any applicable notice and cure periods), the Lease Term, as described aboveit applies to the entire Premises, under the Lease, the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Tenant executing the Lease and any Affiliate and may only be exercised by the original Tenant or AffiliateOriginal Tenant, as the case may be, its Affiliate and/or a Permitted Assignee (and not any other assignee, sublessee sublesee or other transferee of the Original Tenant's ’s interest in the this Lease) if the original Tenant or AffiliateOriginal Tenant, as the case may be, occupies its Affiliate and/or a Permitted Transferee either (i) is in occupancy of the entire then-existing Premises, or (ii) retains the absolute right, and confirms in writing concurrently with Exercise Notice its intent, to occupy the entire then-existing Premises as of throughout the date of the Exercise Noticeapplicable Option Term.

Option Right. Landlord hereby grants the Tenant one originally named in this Lease (1the "Original Tenant") option and its "Permitted Transferee," as that term is set forth in Section 14.8 of this Lease, two (2) options to extend the initial Lease Term for the entire Premises for Premises, each by a period of five (5) years (the each, an "Option Term"), which . Such option shall be exercisable only by written Exercise Notice (as defined below) delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Notice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods Default under the this Lease and Tenant has not been in default (beyond the expiration of any applicable notice and cure period more than twice in any one Lease Yearperiods). Upon the proper exercise of such option to extend, and provided that, as of the end of the initial then applicable Lease Termterm, Tenant is not in defaultDefault under this Lease (beyond any applicable notice and cure periods), the Lease Term, as described aboveit applies to the entire Premises, under the Lease, the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Tenant executing the Lease and any Affiliate and may only be exercised by the original Original Tenant or Affiliate, as the case may be, its Permitted Transferee (and not any other assignee, sublessee sublesee or other transferee of the Original Tenant's interest in the this Lease) if the original Original Tenant or Affiliate, as the case may be, occupies the entire Premises as and/or its Permitted Transferee is in occupancy of no less than forty-five thousand (45,000) Rentable Square Feet of the date of the Exercise NoticeBuilding.

Option Right. Landlord hereby grants the Tenant named in this Lease (the "Original Tenant"), one (1) option to extend ("Extension Option") the initial Lease Term for the entire Premises for a period of five (5) years (the "Option Term"), which option shall be exercisable only by written Exercise Notice (as defined below) notice delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Noticenotice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the Lease and Tenant has not been in default this Lease, beyond the expiration of any applicable notice and cure period periods, and Tenant has not previously been in default under this Lease, beyond any applicable notice and cure periods, more than twice in any one Lease Yearonce. Upon the proper exercise of such option to extendExtension Option, and provided that, at Landlord's option, as of the end of the initial Lease Term, Tenant is not in defaultdefault under this Lease, beyond any applicable notice and cure periods, and Tenant has not previously been in default under this Lease, beyond any applicable notice and cure periods, more than once, the Lease Term, as described aboveit applies to the Premises, under the Lease, the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Original Tenant executing the Lease and any Affiliate and may only be exercised by the original Original Tenant or Affiliate, as the case may be, (and not any other assignee, sublessee or other transferee of Tenant's interest in the this Lease) if the original Original Tenant or Affiliate, as the case may be, occupies the entire Premises as of the date of the Exercise NoticePremises.

Option Right. Landlord hereby grants the Original Tenant, any assignee of Tenant permitted under Article 14 of this Lease, and any "Affiliate" (as that term is defined in Section 14.8 below) (collectively, the "RIGHT HOLDERS"), one (1) option to extend the initial Lease Term for the entire Premises for a period of five (5) years (the "Option Term"OPTION TERM" ), which option shall be exercisable only by written Exercise Notice (as defined below) notice delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Noticenotice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods Default under the this Lease and Tenant has not been in default beyond the expiration of any applicable notice and cure period more than twice in any one Lease Yearperiods set forth herein. Upon the proper exercise of such option to extend, and provided that, at Landlord's option, as of the end of the initial Lease Term, Tenant is not in default, as described above, under Term or the Lease, the initial Lease Term shall be extended for the first Option Term. The rights contained in this Article 30 shall be personal to the original Tenant executing the Lease and any Affiliate and may only be exercised by the original Tenant or Affiliate, as the case may be, Tenant is not in Default under this Lease beyond any applicable notice and cure periods set forth herein, the Lease Term, as it applies to the Premises, shall be extended for a period of five (5) years. The rights contained in this Section 2.2 shall be personal to the Right Holders, and may only be exercised by such Right Holders (and not any other assignee, sublessee or other transferee of Tenant's interest in the this Lease) if such entities collectively occupy the original Tenant or Affiliate, as the case may be, occupies the entire Premises as not less than fifty percent (50%) of the date of the Exercise NoticePremises.

Option Right. Landlord hereby grants the Tenant named in this Lease (the "Original Tenant"), one (1) option to extend the initial Lease Term for the entire Premises for a period of five three (53) years (the "Option Term"), which option shall be exercisable only by written Exercise Notice (as defined below) notice delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Noticenotice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the Lease and Tenant has not been in default beyond the this Lease, after expiration of any applicable notice and cure period periods, and Tenant has not previously been in default under this Lease more than twice in once, after expiration of any one Lease Yearapplicable notice and cure periods,. Upon the proper exercise of each such option to extend, and provided that, at Landlord's option, as of the end of the initial Lease Term, Tenant is not in defaultdefault under this Lease, after expiration of any applicable notice and cure periods, and Tenant has not previously been in default under this Lease more than once, after expiration of any applicable notice and cure periods, the Lease Term, as described aboveit applies to the Premises, under the Lease, the initial Lease Term shall be extended for the Option Terma period of three (3) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Original Tenant executing the Lease and any Affiliate and may only be exercised by the original Original Tenant or Affiliate, as the case may be, (and not any other assignee, sublessee or other transferee of Tenant's interest in the this Lease) if the original Original Tenant or Affiliate, as the case may be, occupies the entire Premises as of the date of the Exercise NoticePremises.

Option Right. Landlord hereby grants Tenant one (1) option to extend the initial Lease Term for the entire Premises for a period of five three (53) years (the "Option Term"), which option shall be exercisable only by written Exercise Notice (as defined below) delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Notice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the Lease and Tenant has not been in default beyond the expiration of any applicable notice and cure period more than twice in any one Lease Year. Upon the proper exercise of such option to extend, and provided thatthe Lease Term shall be extended for the Option Term. Notwithstanding the foregoing, at Landlord's option, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Tenant shall not have the right to extend the Lease Term for the Option Term if as of the date of delivery of the Exercise Notice by Tenant, or as of the end of the initial Lease Term, Tenant is not in default, as described above, monetary or material non-monetary default under this Lease after the Lease, the initial Lease Term shall be extended for the Option Termexpiration of any applicable notice and cure period. The rights contained in this Article 30 Extension Rider shall be personal to the original Tenant (and any Permitted Transferee, as such capitalized term is defined in Article 14 of the Lease) executing the Lease and any Affiliate and may only be exercised by the original Tenant or Affiliate, as the case may be, (and not any other assignee, sublessee or other transferee of Tenant's interest in the Lease, except a Permitted Transferee) if the original Tenant (or Affiliate, as the case may be, any Permitted Transferee) occupies the entire Premises as of the date of the Exercise Notice.

Option Right. Landlord hereby grants Tenant one (1) option to extend the initial Lease Term for the entire Premises for a period of five (5) years (the "Option Term"), which option shall be exercisable only by written Exercise Notice (as defined below) delivered by Tenant to Landlord as provided below. Notwithstanding the foregoing, provided thatat Landlord's option, in addition to any other remedies available to Landlord under this Lease, Tenant shall not have the right to extend the Lease Term for the Option Term if as of the date of delivery of such the Exercise NoticeNotice by Tenant, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the Lease and Tenant has not been in default beyond the expiration of any applicable notice and cure period more than twice in any one Lease Year. Upon the proper exercise of such option to extend, and provided that, as of the end of the initial Lease Term, Tenant is not in default, as described above, default under this Lease and the Leasecure period therefore has expired. Upon the proper exercise of such option to extend, the initial Lease Term shall be extended for the Option Term. The rights contained in this Article 30 Extension Rider shall be personal to the original Tenant executing the Lease and any Affiliate to which Tenant's entire interest in this Lease has been assigned pursuant to Section 14.7 of the Lease, and may only be exercised by the original Tenant or Affiliatesuch Affiliate assignee, as the case may be, be (and not any other assignee, sublessee or other transferee of Tenant's interest in the Lease) if the original Tenant or Affiliatesuch Affiliate assignee, as the case may be, occupies the entire Premises as of the date of the Exercise Notice.

Option Right. Landlord hereby grants to the originally named Tenant one herein (1the “Original Tenant”) option and any “Permitted Transferee”, or their respective “Affiliates” as those terms are defined in Section 14.8 of the Lease, two (2) options to extend the initial Lease Term for the entire Premises for a period of five (5) years each (the "each, an “Option Term"”), which . The option to extend shall be exercisable only by written Exercise Notice (as defined below) notice delivered by Tenant to Landlord as provided in Section 1.3, below, provided that, as of the date of delivery of such Exercise Noticenotice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the this Lease and Tenant has not been in default (beyond the expiration of any applicable notice and cure period more than twice expressly set forth in any one Lease Yearthis Lease). Upon the proper exercise of such the option to extend, and provided that, at Landlord’s option, as of the end of the initial Lease Term or Option Term, as applicable, Tenant is not in default, as described above, default under this Lease (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease), the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 1 shall be personal to the original Original Tenant executing the Lease and any Permitted Transferee or Affiliate and may only be exercised by the original Tenant or Affiliate, as the case may be, such entity (and not any other assignee, assignee or sublessee or other transferee “Transferee,” as that term is defined in Section 14.1, below, of Tenant's ’s interest in the this Lease) if the original Tenant or Affiliate, as the case may be, such entity occupies the entire Premises as Premises. In the event that Tenant fails to timely and appropriately exercise its option to extend in accordance with the terms of this Section 1, then the date option to extend granted to Tenant pursuant to the terms of the Exercise Noticethis Section 1 shall automatically terminate and shall be of no further force or effect.

Option Right. Landlord hereby grants Tenant one the Original Tenant, its Affiliates and any permitted assignee of the Original Tenant's interest in this Lease pursuant to Article 14 of this Lease (1a "Permitted Assignee"), two (2) option options to extend the initial Lease Term for the entire Premises for each by a period of five (5) years (the each, an "Option Term"), which option . Such options shall be exercisable only by written Exercise Notice (as defined below) delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Notice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods Default under the this Lease and Tenant has not been in default (beyond the expiration of any applicable notice and cure period more than twice in any one Lease Yearperiods). Upon the proper exercise of such an option to extend, and provided that, as of the end of the initial then applicable Lease Termterm, Tenant is not in defaultDefault under this Lease (beyond any applicable notice and cure periods), the Lease Term, as described aboveit applies to the entire Premises, under the Lease, the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Tenant executing the Lease and any Affiliate and may only be exercised by the original Original Tenant or Affiliate, as the case may be, its Affiliate (and not any other assignee, sublessee or other transferee of the Original Tenant's interest in the this Lease) if the original Original Tenant or Affiliate, as the case may be, occupies and/or its Affiliate is in possession of the entire Premises as of the date of the Exercise Noticethen-existing Premises.

Option Right. Landlord hereby grants the Original Tenant, any assignee of Tenant one permitted under Article 14 of this Lease, and any “Affiliate” (1as that term is defined in Section 14.8 below) option (collectively, the “Right Holders”), two (2) options to extend the initial Lease Term for the entire Premises for a period of five (5) years each (the "each an “Option Term"” and collectively, the “Option Terms”), which option options shall be exercisable only by written Exercise Notice (as defined below) notice delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Noticenotice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods Default under the this Lease and Tenant has not been in default beyond the expiration of any applicable notice and cure period more than twice in any one Lease Yearperiods set forth herein. Upon the proper exercise of each such option to extend, and provided that, as of the end of the initial Lease Term, Tenant is not in default, as described above, under Term or the Lease, the initial Lease Term shall be extended for the first Option Term. The rights contained in this Article 30 shall be personal to the original Tenant executing the Lease and any Affiliate and may only be exercised by the original Tenant or Affiliate, as the case may be, Tenant is not in Default under this Lease beyond any applicable notice and cure periods set forth herein, the Lease Term, as it applies to the Premises, shall be extended for a period of five (5) years. The rights contained in this Section 2.2 shall be personal to the Right Holders, and may only be exercised by such Right Holders (and not any other assignee, sublessee or other transferee of Tenant's ’s interest in the this Lease) if the original Tenant or Affiliate, as the case may be, occupies the entire Premises as such entities occupy at least one (1) full floor of the date of the Exercise NoticePremises.

Option Right. Landlord hereby grants the Tenant named in this Lease (the “Original Tenant”) or any assignee permitted pursuant to the terms of Section 14.8 of this Lease (a “Permitted Assignee”) one (1) option to extend the initial Lease Term for the entire Premises for a period of five (5) years (the "“Option Term"”), which option shall be exercisable only by written Exercise Notice (as defined below) notice delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Noticenotice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the this Lease and Tenant has not been in default beyond after the expiration of any applicable notice and cure period more than twice in any one Lease Yearperiod. Upon the proper exercise of such option to extend, and provided that, at Landlord’s option, as of the end of the initial Lease Term, Tenant is not in defaultdefault under this Lease after the expiration of any applicable notice and cure period, the Lease Term, as described aboveit applies to the Premises, under the Lease, the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Original Tenant executing or a Permitted Assignee, as the Lease and any Affiliate case may be, and may only be exercised by the original Original Tenant or Affiliatea Permitted Assignee, as the case may be, be (and not any other assignee, or any sublessee or other transferee of Tenant's ’s interest in the this Lease) if the original Original Tenant or Affiliatea Permitted Assignee, as the case may be, occupies the entire Premises as of the date of the Exercise NoticePremises.

Option Right. Landlord hereby grants to the originally named Tenant herein (the “Original Tenant”) and any “Permitted Assignee”, as that term is defined in Section 14.8 below, one (1) option to extend the initial Lease Term for the entire Premises for a period of five (5) years (the "“Option Term"”), which . The option to extend shall be exercisable only by written Exercise Notice (as defined below) notice delivered by Tenant to Landlord as provided in Section 2.2.3, below, provided that, as of the date of delivery of such Exercise Noticenotice, (i) Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the this Lease and Tenant has not been in default (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease), and (ii) Tenant has not sublet (excluding any subleases pursuant to Section 14.8 of this Lease, below) more than twice in any one Lease Yearfifty percent (50%) of the Premises. Upon the proper exercise of such the option to extend, and provided that, as of the end of the initial Lease Term, Tenant is not in default, as described above, under the Lease, the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Original Tenant executing the Lease and any Affiliate Permitted Assignee and may only be exercised by the original Original Tenant or Affiliate, as the case may be, a Permitted Assignee (and not any other assignee, assignee or sublessee or other transferee “Transferee,” as that term is defined in Section 14.1, below, of Tenant's ’s interest in this Lease). In the Lease) if event that Tenant fails to timely and appropriately exercise its option to extend in accordance with the original terms of this Section 2.2, then the option to extend granted to Tenant pursuant to the terms of this Section 2.2 shall automatically terminate and shall be of no further force or Affiliate, as the case may be, occupies the entire Premises as of the date of the Exercise Noticeeffect.

Option Right. Landlord hereby grants the originally named Tenant herein (“Original Tenant”), or an “Affiliate,” as that term is defined in Section 14.7, below, of the Original Tenant, one (1) option to extend the initial Lease Term for the entire Premises for a period of five (5) years (the "“Option Term"”), which option shall be exercisable only by written Exercise Notice (as defined below) notice delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such Exercise Noticenotice, Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the this Lease and Tenant has not previously been in default beyond under this Lease after the expiration of any applicable notice and cure period more than twice in any one Lease Yearperiods. Upon the proper exercise of such option to extend, and provided that, as of the end of the initial Lease Term, Tenant is not in defaultdefault under this Lease and Tenant has not previously been in default under this Lease after the expiration of any applicable notice and cure periods, the Lease Term, as described aboveit applies to the Premises, under the Lease, the initial Lease Term shall be extended for the Option Terma period of five (5) years. The rights contained in this Article 30 Section 2.2 shall be personal to the original Original Tenant executing the Lease and any Affiliate and may only be exercised by the original Original Tenant or Affiliate, as the case may be, an Affiliate of Original Tenant (and not any other assignee, sublessee or other transferee of Tenant's ’s interest in the this Lease) if the original Original Tenant or Affiliate, as the case may be, an Affiliate of Original Tenant occupies the entire Premises as of the date of the Exercise NoticePremises.

Option Right. Landlord hereby grants Tenant one two (12) option options to extend the initial Lease Term for the entire Premises for a period of five (5) years each (the "each, an “Option Term"”), which option options shall be exercisable only by written Exercise Notice (as defined below) delivered by Tenant to Landlord as provided below. Upon the proper exercise of an option to extend, provided thatthe Lease Term shall be extended for the applicable Option Term. Notwithstanding the foregoing, at Landlord’s option, in addition to any other remedies available to Landlord under the Lease, at law and/or in equity, Tenant shall not have the right to extend the Lease Term for the applicable Option Term if as of the date of delivery of such the Exercise NoticeNotice by Tenant, or as of the end of the Lease Term (or prior Option Term, if applicable), Tenant is not in a state of uncured monetary or other default following the expiration of the applicable cure periods under the Lease and Tenant has not been in default beyond the after expiration of any applicable notice and cure period more than twice in any one Lease Year. Upon the proper exercise of such option to extend, and provided that, as of the end of the initial Lease Term, Tenant is not in default, as described above, under the Lease, the initial Lease Term shall be extended for the Option Termperiod. The rights contained in this Article 30 Extension Rider shall be personal to the original Original Tenant executing the Lease and any Affiliate of Original Tenant to which Original Tenant’s entire interest in the Lease has been assigned pursuant to Section 14.7 of the Lease and may only be exercised by the original Original Tenant or Affiliatesuch Affiliate assignee, as the case may be, be (and not any other assignee, sublessee or other transferee of the Original Tenant's ’s interest in the Lease) if the original Original Tenant or Affiliatesuch Affiliate assignee, as the case may be, occupies the entire Premises as of the date of the Exercise Notice.