Renewal Term

Example Definitions of "Renewal Term"
Renewal Term. Has the meaning in Clause 19.2.
Renewal Term. Two (2), three (3) year options to renew at the lesser of the (i) then escalated Base Annual Rate, or (ii) ninety five (95%) percent of the then current market rental rate for comparable laboratory space in downtown Durham, as reasonably determined by Landlord.
Renewal Term. Up to three additional 2-year terms following the Initial Term, each such additional term to begin automatically unless either party provides written notice of non-renewal at least 180 days prior to the end of the then-current term.
Renewal Term. The meaning set forth in Section ‎6.2
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