2Substantial Completion Date Termination Right Sample Clauses
2Substantial Completion Date Termination Right. Further, if the Substantial Completion Date has not occurred by the earlier of the date that is two hundred ten (210) days immediately following the Permit Delivery Date (the "Substantial Completion Termination Date"), subject to extension by virtue of force majeure, and any Tenant Delays, Tenant shall have the right to terminate this Lease by written notice to Landlord ("Substantial Completion Termination Notice") effective upon the date occurring five (5) business days following receipt by Landlord of the Substantial Completion Termination Notice (the "Termination Effective Date"), in which event, Landlord shall return any prepaid rent and the Security Deposit forthwith to Tenant. Should the Substantial Completion Date occur prior to Tenant's exercise of the foregoing termination right, however, such termination right shall, in such event, expire and be of no further force or effect upon such occurrence of the Substantial Completion Date (provided that Tenant shall be entitled to receive all of the Late Delivery Date Abatement). If Tenant delivers a Substantial Completion Termination Notice to Landlord, then Landlord shall have the right to suspend the occurrence of the Termination Effective Date for a period ending thirty (30) days after the Termination Effective Date by delivering written notice to Tenant, prior to the Termination Effective Date, that, in Landlord's reasonable, good faith judgment, the Substantial Completion Date will occur within thirty (30) days after the Termination Effective Date. If the Substantial Completion Date is satisfied within such thirty (30) day suspension period, then the Substantial Completion Termination Notice shall be of no force or effect, but if the Substantial Completion Date does not occur within such thirty (30) day suspension period, then this Lease shall terminate upon the expiration of such thirty (30) day suspension period. The Termination Effective Date shall be extended to the extent of any force majeure, and any Tenant Delays. Upon any termination as set forth in this Section 5.3.2, Landlord and Tenant shall be released from any and all liability to each other resulting under this Lease. Tenant's rights to the Late Delivery Abatement and the right to terminate this Lease, as set forth in Section 5.3.1 above and this Section 5.3.2, shall be Tenant's sole and exclusive remedies at law or in equity for the failure of the Substantial Completion Date to occur prior to or after any particular date.
