Example ContractsClausesexpansion termVariants
Expansion Term
Expansion Term contract clause examples

Expansion Space Term. On the Expansion Date, the Expansion Space shall be added as part of the Premises for all purposes, except as set forth herein, including the payment of Additional Rent. The Term of the Lease with respect to the Expansion Space shall commence on the Expansion Date and shall be coterminous with the Term of the Lease for the Original Premises and shall therefore expire on March 31, 2020, unless sooner terminated or extended pursuant to the terms of the Lease.

Term for Expansion Space. The term for the Expansion Space shall commence upon August 1, 2013 (the “Expansion Date”) and shall expire, without the necessity of any notice from either party, on April 30, 2018. Upon the Expansion Date, the Expansion Space shall be considered a part of the Premises for all purposes, except Base Rental shall be payable for the Expansion Space as set forth herein.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.