Common use of Right to Extend Term Clause in Contracts

Right to Extend Term. Section 39 of the Lease is hereby deleted in its entirety, and Tenant acknowledges and agrees that Tenant has no further right under the Lease to extend the Term.

Appears in 2 contracts

Sources: Property Lease Agreement (Avigen Inc \De), Lease Agreement (SGX Pharmaceuticals, Inc.)

Right to Extend Term. Section 39 35 of the Lease is hereby deleted in its entirety, and Tenant acknowledges and agrees that Tenant has no further right under the Lease to extend the Term.

Appears in 1 contract

Sources: Asset Purchase Agreement (Forbes Medi-Tech Inc.)