Common use of Options to Extend Lease Term Clause in Contracts

Options to Extend Lease Term. Lessee shall have the option pursuant to paragraph 3.2 to extend the term of this Lease for two (2) additional terms at Market Rate rent as set forth in paragraph 4.3 of this Lease. Paragraph 4.3 of Lease shall be amended to two (2) options.

Appears in 1 contract

Sources: Lease Agreement (Coast Bancorp)

Options to Extend Lease Term. Lessee shall have the option pursuant to paragraph 3.2 to extend the term of this Lease for two three (23) additional terms at Market Rate rent as set forth in paragraph 4.3 of this Lease. Paragraph 4.3 of Lease shall be amended to two (2) options.

Appears in 1 contract

Sources: Lease Agreement (Coast Bancorp)