Extension Option Exercise Date definition
Examples of Extension Option Exercise Date in a sentence
In the event that Tenant fails to deliver Tenant’s Extension Notice to Landlord on or before the Extension Option Exercise Date, Tenant shall be deemed to have irrevocably waived its Extension Option hereunder, and this Section 31 shall become null and void and of no further force or effect.
In the event that ▇▇▇▇▇▇ fails to deliver the Extension Notice to Landlord by each applicable Extension Option Exercise Date, Tenant shall be deemed to have irrevocably waived the Extension Option hereunder, and the same shall be and become null, void, and of no further force or effect, time being of the essence in the delivery of Tenant’s Extension Notice hereunder.
In the event that Tenant fails to deliver Tenant’s Extension Notice to Landlord on or before the Extension Option Exercise Date, Tenant shall be deemed to have irrevocably waived its Extension Option hereunder, and this Section 63 shall become null and void and of no further force or effect.
Upon not less than thirty (30) days’ written request from Tenant, Landlord shall advise Tenant in writing (“Landlord’s Notice”), and at least thirty (30) days prior to the Extension Option Exercise Date, of the Market Rental Rate at which Landlord is prepared to offer the Premises to Tenant for the Extended Term.