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Option To Renew Lease Clause
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Instead upon giving written notice to Landlord by no later than February 1 2022 time being of the essence Tenant shall have the option to renew the Lease on either i a month to month basis not to exceed six 6 months after October 31 2022 with the Monthly Installment of Rent increased to 86 134 70 being 150 of the base rent payable
WHEREAS the parties seek to revise the Lease to i extend the term of the Lease through and including June 30 2018 and ii revise the Tenant s Option to Renew
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50 Option To Extend Lease Letter
50 Option To Extend Lease Letter
43 1Option to Extend Lease Term Tenant shall have the right to renew this Lease Option To Extend Lease for two 2 five 5 year periods each an Option To Extend Lease subject to the terms and conditions as set forth in this Section 43
A standard clause for inclusion in a lease where the tenant is to have an option to renew that lease from the end of its contractual term The option is not personal to the contracting tenant
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Download Commercial Lease Option To Renew For Free Page 7
Download Commercial Lease Option To Renew For Free Page 7
An Option to Renew clause allows a contract to be extended beyond its original term under specified conditions typically at the discretion of one or both parties It typically outlines the process for renewal including notification requirements and any changes to terms or pricing
It is common for landlords and tenants to include a renewal clause in a lease agreement Such a clause will mostly entitle a tenant to renew the term of the lease for a further term upon the
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Download Commercial Lease Option To Renew For Free Page 6
21 Unique Lease Renewal Letter To Tenant Template
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WHEREAS the parties seek to revise the Lease to i extend the term of the Lease through and including June 30 2018 and ii revise the Tenant s Option to Renew
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Provided that Lessee is not in default in the performance of this lease Lessee shall have the option to renew the lease for an additional term of twelve months commencing at the expiration of the initial lease term
WHEREAS the parties seek to revise the Lease to i extend the term of the Lease through and including June 30 2018 and ii revise the Tenant s Option to Renew
Provided that Lessee is not in default in the performance of this lease Lessee shall have the option to renew the lease for an additional term of twelve months commencing at the expiration of the initial lease term
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Option To Renew Commercial Lease Sample SignNow
Option To Renew Commercial Lease Sample SignNow
Lease Renewal Options