Cancellation and Forfeiture. The Option shall be cancelled and shall be null and void, and the Optionee shall forfeit all rights pursuant to the Option, (i) if the Optionee does not execute and return this Agreement to the Company within sixty (60) days of the Grant Date, (ii) unless otherwise agreed to in writing by the Board, upon the Optionee’s bankruptcy, and (iii) upon the Optionee’s attempted assignment or transfer of the Option in violation of Section 8.
Cancellation and Forfeiture. (A) The Lease, if in good standing, may be canceled in whole or in part, at any time, upon mutual written agreement by the Lessee and City.
(B) City may cancel the Lease if it is used for any unlawful purpose.
(C) If the Lessee shall default in the performance or observance of any of the Lease terms, covenants or stipulations thereto, or of the regulations now or hereafter in force, or any of the provisions of this code, and should the default continue for thirty calendar days after service of written notice by the city and borough without remedy by the Lessee of the conditions warranting default, the city and borough may subject the Lessee to appropriate legal action including, but not limited to, forfeiture of the Lease. No improvements may be removed by the Lessee or other person during any time the Lessee is in default.
(D) Failure to make substantial use of the land, consistent with the proposed use, within one year shall in the discretion of City with the approval of the assembly constitute grounds for cancellation.
Cancellation and Forfeiture. LESSEE may cancel this Lease within twenty-one (21) days after LESSEE has signed such Lease, but in no event after LESSEE takes possession of the premises or within thirty (30) days prior to the commencement of the term of this Lease, by providing written notice to the LESSOR signed by all LESSEE’S. LESSOR agrees to return all moneys upon receipt of such notice, except for up to one-half (1/2) of one month’s rent equivalent, which LESSOR may retain as a re-rental and forfeiture charge. In the event LESSOR finds that any of the representations and warranties made by LESSEES in their lease application are false, LESSOR at its option may terminate this Lease Agreement.
Cancellation and Forfeiture. (a) The lease, if in good standing, may be cancelled in whole or in part, at any time, upon mutual written agreement by Xxxxxx and City.
(b) City may cancel the lease if it is used for any unlawful purpose.
(c) If Lessee shall default in the performance or observance of any of the lease terms, covenants or stipulations thereto, or of the regulations now or hereafter in force, or service of written notice by City without remedy by Lessee of the conditions warranting default, City may subject Lessee to appropriate legal action including, but not limited to, forfeiture of the lease. No improvements may be removed by Lessee or other person during any time Lessee is in default.
(d) Failure to make substantial use of the land, consistent with the proposed use, within one year shall in the discretion of City with approval of the Assembly constitute grounds for default.
Cancellation and Forfeiture. When, in the opinion of the Secretary, the lessee has violated any of the terms and conditions of the lease or of the applicable regulations, the lessee shall be served with a written notice setting forth the alleged violations and allowing him 30 days from the date of said notice to show cause why the lease should not be cancelled. If it is determined that the violation may be corrected and the lessee agrees to take the necessary corrective actions, he may be given a reasonable period of time (which, with regard to any payment of money due under this lease shall not be more than 60 days) to carry out such measures, or he may request a hearing within the 30 days after the date of the notice. If it is determined, following the hearing, that the violation may be corrected, and the lessee agrees to take the necessary corrective action, the Secretary may permit the lessee to take such corrective action, in which case he will establish a reasonable period of time (which, with regard to any payment of money due under this lease shall not be more than 60 days) to carry out such measures. The time granted for correcting violations shall not serve to extend or continue tribal leases beyond the primary term. If the lessee fails to show cause why the lease should not be cancelled or fails to take corrective measures to cure the default within the specified period of time granted, the Secretary shall serve written notice to the lessee that the lease is null and void, and the lessor shall then be entitled and authorized to take immediate possession of the premises. 27.
Cancellation and Forfeiture. If your Premier subscription is canceled or terminated, any remaining credits will be forfeited.
Cancellation and Forfeiture. If your Premier subscription is canceled or terminated, continued access to WorthPoint Price Guide Premium will be at the sole discretion of WorthPoint.
Cancellation and Forfeiture. Resident and/or landlord may cancel this Lease within five (5) days after Resident has signed such Lease, but in no event within ninety (90) days prior to the commencement of the term of this Lease by providing written notice to the Landlord signed by all Residents. Landlord agrees to return all monies upon receipt of such notice, except for up to one-half (½) of one month's rent equivalent which the Landlord may retain as a re-rental and forfeiture charge as liquidated damages. In the event Landlord finds that any of the representations and warranties made in Resident’s application for rental are false, Landlord, at its option, may terminate this Lease Agreement.
Cancellation and Forfeiture. Any Unit not vested pursuant to Section 2 above that remains unvested on the date of Participant’s termination of employment (after taking into account any applicable acceleration of vesting of Units pursuant to Section 2(b) above) shall thereupon be cancelled and forfeited to the Company and shall terminate immediately.
Cancellation and Forfeiture. TENANT may cancel this Lease within twenty-one (21) days after TENANT has signed such Lease but in no event after TENANT takes possession of the premises or within thirty (30) days prior to the commencement of the term of this LEASE, In the event LANDLORD finds that any of the representations and warranties made by TENANT in their Lease application are false, LANDLORD at its option may terminate this Lease Agreement.
