TO EXTEND Sample Clauses
The "To Extend" clause allows one or both parties to prolong the duration of an agreement beyond its original term. Typically, this clause outlines the conditions under which an extension can be requested, such as providing written notice within a specified timeframe before the contract expires, and may specify whether the extension is automatic or requires mutual consent. Its core practical function is to provide flexibility and continuity in contractual relationships, ensuring that parties can maintain their arrangement without renegotiating a new contract from scratch.
POPULAR SAMPLE Copied 2 times
TO EXTEND. TENANT, AS IS MORE PARTICULARLY DESCRIBED HEREINAFTER IN THIS ITEM 47., SHALL HAVE TWO (2) SEPARATE AND CONSECUTIVE OPTIONS TO EXTEND THE INITIAL TERM OF THIS LEASE. THE SECOND OPTION MAY NOT BE EXERCISED IF THE FIRST OPTION IS NOT DULY AND TIMELY EXERCISED. PROVIDED (BUT NOT OTHERWISE) TENANT IS NOT THEN (I.E., EITHER ON THE DAY TENANT GIVES LANDLORD THE WRITTEN NOTICE THE SUBJECT OF THIS SECOND PARAGRAPH OF THIS ITEM 47. OR ON THE DAY THE FIRST EXTENSION TERM IS TO BEGIN, OR AT ANY TIME BETWEEN THOSE TWO TIMES) IN UNCURED (I.E., BEYOND ANY APPLICABLE CURATIVE PERIOD FOLLOWING DUE NOTICE) DEFAULT OF THIS LEASE, AND FURTHER PROVIDED (BUT NOT OTHERWISE) TENANT NOT FEWER THAN SIX (6) MONTHS, AND NOT MORE THAN NINE (9) MONTHS, TIME BEING ABSOLUTELY OF THE ESSENCE, PRIOR TO THE EXPIRATION OF THE LEASE TERM GIVES LANDLORD WRITTEN NOTICE OF TENANT'S ELECTION TO EXERCISE SUCH FIRST EXTENSION OPTION, TENANT SHALL BE ENTITLED TO EXTEND THE TERM OF THIS LEASE FOR A PERIOD OF THREE (3) YEARS ("THE FIRST EXTENSION TERM"), SUCH FIRST EXTENSION TERM TO BEGIN THE DAY IMMEDIATELY FOLLOWING THE EXPIRATION OF THE LEASE TERM AND END EXACTLY THREE (3) YEARS LATER. IF TENANT EXERCISES SUCH FIRST OPTION TO EXTEND, ALL OF THE NON-MONETARY TERMS AND CONDITIONS SET FORTH IN THIS LEASE SHALL BE APPLICABLE DURING SUCH FIRST EXTENSION TERM, EXCEPT, SUBJECT TO THE CONTENTS OF THE IMMEDIATELY FOLLOWING PARAGRAPH, TENANT SHALL HAVE NO FURTHER RIGHTS OR OPTIONS TO EXTEND. THE RENT AND ADDITIONAL RENT TO BE PAID BY TENANT TO LANDLORD DURING SUCH FIRST EXTENSION TERM SHALL BE ADJUSTED TO 95% OF THE "FAIR MARKET RENTAL RATE" (AS HEREUNDER IN THIS ITEM 47. DEFINED). PROVIDED (BUT NOT OTHERWISE) TENANT IS NOT THEN (I.E., EITHER ON THE DAY TENANT GIVES LANDLORD THE WRITTEN NOTICE THE SUBJECT OF THIS THIRD PARAGRAPH OF THIS ITEM 47. OR ON THE DAY THE SECOND EXTENSION TERM IS TO BEGIN, OR AT ANY TIME BETWEEN THOSE TWO TIMES) IN UNCURED (I.E., BEYOND ANY APPLICABLE CURATIVE PERIOD FOLLOWING DUE NOTICE) DEFAULT OF THIS LEASE, AND FURTHER PROVIDED (BUT NOT OTHERWISE) TENANT NOT FEWER THAN SIX (6) MONTHS, AND NOT MORE THAN NINE (9) MONTHS, TIME BEING ABSOLUTELY OF THE ESSENCE, PRIOR TO THE EXPIRATION OF THE FIRST EXTENSION TERM GIVES LANDLORD WRITTEN NOTICE OF TENANT'S ELECTION TO EXERCISE SUCH SECOND EXTENSION OPTION, TENANT SHALL BE ENTITLED TO FURTHER EXTEND THE TERM OF THIS LEASE FOR A PERIOD OF THREE (3) YEARS ("THE SECOND EXTENSION TERM"), SUCH SECOND EXTENSION TERM TO BEGIN THE DAY IMMEDIATEL...
TO EXTEND. STANDARD LEASE ADDENDUM
TO EXTEND. Lessor hereby grants to Lessee the option to extend the term of this Lease for 1 additional 36 month period(s) commencing when the prior term expires upon each and all of the following terms and conditions:
TO EXTEND. ▇▇▇▇▇ OF OPTION(S). Tenant shall have the right, at its option, to extend the Lease for two (2) period(s) of five (5) years each ("EXTENDED TERM(S)") on an "as is" basis commencing at the expiration of the previous Term, provided that at the time of exercise and at the time of commencement of each Extended Term, Tenant is not in default beyond any applicable cure period under this Lease. Upon commencement of each renewal option term, Landlord shall extend to Tenant a refurbishment allowance in the amount of five dollars ($5.00) per rentable square foot, which allowance shall be reflected in the determination of the Fair Market Rental Value.
TO EXTEND. Lessor hereby grants to Lessee the option to extend the term of this Lease for two additional period(s) the first option period being for three, years, followed by the second option period being for two years, commencing when the prior term expires upon each and all of the following terms and conditions:
TO EXTEND. NOTICE: These forms are often modified to meet changing requirements of law and industry needs. Always write or call to make sure you are utilizing the most current form: American Industrial Real Estate Association, 345 South Fi▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇-▇, ▇▇▇ Angeles, CA 90071. (213) 687-8777. ▇▇▇ ▇▇. (▇13) 687-8616 PAGE 2 Initials _______ ______ EXHIBIT "B" LESSEE'S WORK 9/11/97 # Description UOM Qty Cost Remarks -- ----------- --- ----- ------- ------- 1 Carpeting & Coving, SY 357 6,009 New 2 Ceiling, Tiles, New SF 2,237 3,042 Second Look "8" or "32" (Front Offices) 3 Ceiling Tiles, SF 4,918 1,967 Resurface/Reorganize 4 Concrete - Strip & Clear SF 3,733 1,725 Coat 6 Lighting, Diffusers 2x4, EA 166 708 New 7 Lighting, Diffusers & EA 9 270 Bulbs, 8' 8 Lighting, New Bulbs 4' EA 420 1,270 10 Paint - Exterior LT 1 2,800 11 Paint - Interior LT 1 5,650 12 Parking - Repair, Slurry SF 13,400 2,600 & Stripe 13 Tile, Vinyl, New with SF 1,290 3,070 Coving 15 Wall, Open-Up - Service EA 1 250 16 Wall, Open-Up - EA 1 250 Assembly 17 Landscape, Clean-up & LT 1 1000 Owner to resod Trim Trees 18 Door, Hall Exit EA 1 745 19 Locate Fire Extinguisher EA 1 150 in Wall 20 Install Mirror in Men's LT 1 100 Bathroom 21 Install Windows in 4 EA 4 425 doors 22 Signage EA 1 600 23 Window Coverings (New EA 1 1,800 & Clean)
TO EXTEND. Provided that the Lease has not been extended pursuant to Paragraph 54(C) of the Lease, in which case this Paragraph shall be of no force or effect, Lessor hereby grants to Lessee the option to extend the term of this Lease for 1 additional 60 month period(s) commencing when the prior term expires upon each and all of the following terms and conditions:
TO EXTEND. Lessee acknowledges and agrees that Lessee does not have any right to extend the lease term, except as set forth in the attached Paragraph 63. Any other Options (including but not limited to the one described in Section 9 of the First Amendment, and as attached to the First Amendment and numbered Paragraph 14) shall be deemed deleted.
TO EXTEND. Lessor hereby grants to Lessee the option to extend the term of this Lease for additional 60 month period(s) commencing when the prior term expires upon each and all of the following terms and conditions: (i) Lessee gives to Lessor. and Lessor actually receives on a date which is prior to the date that the option period would commence (if exercised) by at least 6 and not more than 12 months, a written notice of the exercise of the option(s) to extend this Lease for said additional term(s), time being of essence. If said notification of the exercise of said option(s) is (are) not so given and received, the option(s) shall automatically expire, said option(s) may (if more than one) only be exercised consecutively, (ii) The provisions of paragraph 39. including the provision relating to default of Lessee set forth in paragraph 39.4 of this Lease are conditions of this Option, (iii) All of the terms and conditions of this Lease except where specifically modified by this option shall apply: (
TO EXTEND. ADDENDUM TO STANDARD LEASE Dated May 25, 1993 -----------------------------------------------------------