Abandonment of Use Sample Clauses

Abandonment of Use. Subject to Force Majeure (as such term is defined herein), except during construction of the Initial Improvements and thereafter during reasonable periods of repair, remodeling and/or restoration, Tenant covenants and agrees to continuously and uninterruptedly use the Premises for the Permitted Uses. If the Premises shall be abandoned, deserted, or vacated by the Tenant (such decision to abandon, desert or vacate or discontinue construction or operation of the facilities located on the Premises shall be referred to as a decision to “Discontinue Operations”), Landlord shall have the right to terminate the Lease and recover exclusive possession of the Premises by written notice to Tenant. In the event Landlord exercises its right to terminate the Lease under this Section 8.2, the Lease shall terminate as of the date that is sixty (60) days after the date of Xxxxxxxx’s notice to Tenant thereof, and Xxxxxx’s liability with respect to the Lease shall terminate as of such date.
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Abandonment of Use. Subject to Force Majeure, except during construction of the Initial Improvements and thereafter during reasonable periods of repair, remodeling and/or restoration, Tenant covenants and agrees to continuously and uninterruptedly use the Premises (other than Olympia Drive) for the Permitted Uses. If the Premises (other than the Excluded Areas) shall be abandoned, deserted, or vacated by the Tenant (such decision to abandon, desert or vacate or discontinue construction or operation of the Units and other facilities located on the Premises (other than the Excluded Areas) shall be referred to as a decision to “Discontinue Operations”), or if fewer than fifty percent (50%) of the Units located on the Premises (other than Olympia Drive) are leased and occupied in accordance with Section 6.1 for a period of one hundred eighty (180) consecutive days or for more than one hundred eighty (180) days in any calendar year for any reason (except for Force Majeure), Landlord shall have the right to terminate the Lease and recover exclusive possession of the Premises by written notice to Tenant, subject to the rights of notice and cure for the Permitted Institutional Mortgagees and any Investor as provided for in Section 14.2(c) herein. In the event Landlord exercises its right to terminate the Lease under this Section 9.2, the Lease shall terminate as of the date that is ninety (90) days after the date of Landlord’s notice to Tenant thereof, and Tenant’s rights with respect to the Lease shall terminate as of such date, unless within such ninety (90) day period, more than sixty-five percent (65%) of the Units are leased and occupied in accordance with Section 6.1 (in which event such termination notice shall have no effect).
Sample 1
Abandonment of Use. A person who has abandoned commercial use (that qualifies under this section) of subject matter may not rely on activities performed before the date of such abandonment in establishing a defense under this section with respect to actions taken on or after the date of such abandon- ment.
Sample 1
Abandonment of Use. Subject to Force Majeure, except during construction of the Improvements and thereafter during reasonable periods of repair, remodeling and/or restoration, Tenant covenants and agrees to continuously and uninterruptedly use the Premises for the Permitted Uses. If no __________ are conducted for a period of _________, or Tenant is dissolved or merges or consolidates, or the Premises shall be abandoned, deserted, or vacated by the Tenant (such decision to abandon, desert or vacate or discontinue construction or operation of the facilities located on the Premises shall be referred to as a decision to “Discontinue Operations”), the Town shall have the right to terminate the Lease and recover exclusive possession of the Premises by written notice to Tenant. In the event the Town exercises its right to terminate the Lease under this Section 8.2, the Lease shall terminate as of the date that is sixty (60) days after the date of the Town’s notice to Tenant thereof, and Tenant’s liability with respect to the Lease shall terminate as of such date, unless within such sixty (60) day period the Town in its sole discretion rescinds such exercise by notice to Tenant in writing.
Sample 1
Abandonment of Use. Subject to Unavoidable Delays and, except during permitting and timely acquisition or construction of the Improvements, and thereafter during reasonable periods of repair, remodeling and/or restoration, Tenant covenants and agrees to use the Sublease Premises in compliance with an Approved D&O Plan exclusively for the Permitted Uses, failing which, the Town shall have the right, subject to the rights of the Permitted Mortgagees set forth in this Section 6.3, to terminate this Sublease by written notice to Xxxxxx, as provided in Article 15, and recover exclusive possession of the Sublease Premises. In the event the Town exercises its right to terminate the Sublease under this Section 6.3, the Sublease shall terminate sixty (60) days after the date of the Town's notice to Tenant thereof, unless within such sixty (60) day period, the Sublease Premises are used and occupied as required by this Article and any default is cured. Each Permitted Institutional Mortgagee shall have the same rights to cure as set forth in Article 15.2(c) and (d).
Sample 1
Abandonment of Use. Subject to Unavoidable Delays and, except during selection of a developer-operator sub-tenant, permitting and timely construction of the Facility and Improvements and thereafter during reasonable periods of repair, remodeling and/or restoration, Tenant covenants and agrees to continuously and uninterruptedly use the Premises for the Permitted Uses. If at any time after completion of permanent financing with a Permitted Institutional Mortgagee, the Premises shall be abandoned, deserted, or vacated by the Tenant (such decision to abandon, desert, vacate or discontinue construction or operation, the facilities located on the Premises shall be referred to as a decision to “Discontinue Operations.” The Town shall have the right, subject to the rights of the Permitted Institutional Mortgagees set forth in this Section 7.2, to terminate the Lease by written notice to Tenant, as provided in Article 10.2, and recover exclusive possession of the Premises. In the event the Town exercises its right to terminate the Lease under this Section 7.2, the Lease shall terminate sixty (60) days after the date of the Town’s notice to Tenant thereof, unless within such sixty (60) day period, the Premises are leased and occupied in accordance with Section 7.1. Each Permitted Institutional Mortgagee shall have the same rights to cure as set forth in Article 10.2(c) and (d).
Sample 1
Abandonment of Use. In the event that the Business ceases doing business for 90 consecutive days on the Property at any time during the term of this Agreement beginning on the Commencement Day, the Village shall have no further obligations under this Agreement and this Agreement shall be terminated, unless the 90 day period is extended by action of the Corporate Authorities of the Village; provided, however, that the refund obligations of Subsection 4.F shall survive any termination under this Subsection 4.G.
Sample 1
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Abandonment of Use. Subject to Force Majeure, except during construction of the Initial Improvements and therter during reasonable periods of repair, remodeling and/or restoration, Tenant covenants and agrees to continuously and uninterruptedly use the Premises for the Permitted Uses. If the Premises shall be abandoned, deserted, or vacated by the Tenant (such decision to abandon, desert or vacate or discontinue construction or operation of the facilities located on the Premises shall be referred to as a decision to “Discontinue Operations”), or if less than percent ( %) of the rental units located on the Premises are leased and occupied in accordance with Section 8.for a period of one hundred eighty (180) consecutive days or for more than one hundred eighty (180) days in any calendar year for any reason, the Landlord shall have the right to terminate the Lease and recover exclusive possession of the Premises by written notice to Tenant. In the event the Landlord exercises its right to terminate the Lease under this Section 8.02, the Lease shall terminate as of the date that is sixty (60) days after the date of the Landlord’s notice to Tenant thereof, and Tenant’s liability with respect to the Lease shall terminate as of such date, unless within such sixty (60) day period, more than percent ( %) of the rental units located on the Premises are leased and occupied in accordance with Section 8.1 (in which event such termination notice shall have no effect).
Sample 1

Related to Abandonment of Use

  • ABANDONMENT If at any time during the term of this Agreement Tenant abandons the Premises or any part thereof, Landlord may, at Landlord's option, obtain possession of the Premises in the manner provided by law, and without becoming liable to Tenant for damages or for any payment of any kind whatever. Landlord may, at Landlord's discretion, as agent for Tenant, relet the Premises, or any part thereof, for the whole or any part thereof, for the whole or any part of the then unexpired term, and may receive and collect all rent payable by virtue of such reletting, and, at Landlord's option, hold Tenant liable for any difference between the rent that would have been payable under this Agreement during the balance of the unexpired term, if this Agreement had continued in force, and the net rent for such period realized by Landlord by means of such reletting. If Landlord's right of reentry is exercised following abandonment of the Premises by Tenant, then Landlord shall consider any personal property belonging to Tenant and left on the Premises to also have been abandoned, in which case Landlord may dispose of all such personal property in any manner Landlord shall deem proper and Landlord is hereby relieved of all liability for doing so.

  • Abandonment of Property We need not accept any property abandoned by an "insured".

  • Abandonment of Position An employee who fails to report for duty for three (3) consecutive working days without informing the Employer of the reason for her absence will be presumed to have abandoned her position. An employee shall be afforded the opportunity within ten (10) working days to rebut such presumption and demonstrate that there were reasonable grounds for not informing the Employer.

  • Abandonment or Default If Provider abandons work or defaults on the Contract, the GLO may terminate the Contract without notice. Provider will not be considered in any re-solicitation of the services described herein and may not be considered in future solicitations for similar services, unless the specification or scope of work changes significantly. The GLO will determine the period of suspension based on the seriousness of the abandonment or default.

  • Termination of Use These terms and Your access to Our Website may be terminated by Us (at Our sole discretion) at any time without notice or any requirement to give You a reason why. In the event of termination under this clause We shall have no liability to You whatsoever (including for any consequential or direct loss You may suffer).

  • Termination or Abandonment Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated and abandoned at any time prior to the Effective Time, whether before or after any approval of the matters presented in connection with the Merger by the stockholders of the Company:

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