Common use of Option to Extend Lease Term Clause in Contracts

Option to Extend Lease Term. Provided Tenant is not in default of any material term, covenant or condition of this Lease after the expiration of any applicable notice and/or cure period, Tenant shall have the option to extend the Initial Term of this Lease for one (1) additional period of five (5) years (the “Renewal Term”) to commence immediately upon the expiration of the Initial Term.

Option to Extend Lease Term. Provided Tenant is not in default of any material term, covenant or condition of this Lease after the expiration of beyond any applicable notice and/or and cure period, Tenant shall have the option to extend the Initial Term of this Lease for one the entire Premises for three (13) additional period periods of five (5) years each (the “Renewal Term”) to commence immediately upon the expiration of the Initial Term, the First Renewal Term and the Second Renewal Term, as applicable.

Option to Extend Lease Term. Provided Tenant is not in default of any material term, covenant or condition of this Lease after the expiration of any applicable notice and/or cure periodLease, Tenant shall have the option to extend the Initial Term of this Lease for one two (12) additional period periods of five (5) years each (the “First Renewal Term”, the “Second Renewal Term” or collectively the “Renewal Terms”) to commence immediately upon the expiration of the Initial Term or the First Renewal Term, as applicable.

Option to Extend Lease Term. Provided Tenant is not in default of any material term, covenant or condition of this Lease after the expiration of any applicable notice and/or cure periodLease, Tenant shall have the option to extend the Initial Term of this Lease for one (1) additional period of five three (53) years (the “"Renewal Term”") to commence immediately upon the expiration of the Initial Term.

Option to Extend Lease Term. Provided Tenant is not in default of any material term, covenant or condition of this Lease after the expiration of any beyond all applicable notice and/or cure periodperiods, Tenant shall have the option to extend the Initial Term of this Lease for one two (12) additional period periods of five (5) years each (the “First Renewal Term”, the “Second Renewal Term” or collectively the “Renewal Terms”) to commence immediately upon the expiration of the Initial Term or the First Renewal Term, as applicable.

Option to Extend Lease Term. Provided Tenant is not in default of any material term, covenant or condition of this Lease after the expiration of any applicable notice and/or cure periodLease, Tenant shall have the option to extend the Initial Term of this Lease for one (1) additional period of five (5) years (the “"Renewal Term”") to commence immediately upon the expiration of the Initial Term.