Term Expiration Date. The term (“Term”) of this Lease shall commence on the Phase One Commencement Date and shall continue in full force and effect for a term of six (6) years from the Phase One Rent Commencement Date (the “Expiration Date”), unless otherwise extended or sooner terminated in accordance with the provisions of this Lease. The Term of this Lease relating to the Phase Two Premises shall end on the same date as the end of the Term for the Phase One Premises, regardless of the Phase Two Commencement Date.
Appears in 2 contracts
Sources: Standard Industrial Lease Agreement, Standard Industrial Lease (Wells Real Estate Investment Trust Ii Inc)