The “ Term ” of this Lease is the Initial Term plus all Renewal Terms, and a “ Lease Year ” is the twelve month period commencing on January 1 of each year of the Term; provided, however, the first Lease Year shall commence on January 22, 2015 and end on January 31, 2016, The “ Initial Term ” commences on January 22, 2015 and ends on January 31, 2030, and may be extended for four (4) separate “ Renewal Terms ” of five (5) years each if: (a) at least twelve (12), but not more than fifteen (15) months prior to the end of the then current Term, Tenant delivers to Landlord a “ Renewal Notice ” that it desires to exercise its right to extend this Lease for one (1) Renewal Term; and (b) there is no Event of Default on the date Landlord receives the Renewal Notice (the “ Exercise Date ”) or on the last day of the then current Term.