Common use of Cancellation of the Contract Clause in Contracts

Cancellation of the Contract. If the Tenant fails to pay the following and, in spite of the Landlord’s due notice, does not fulfill Tenant’s obligations within a certain period, the Landlord can cancel the Contract. Rent as specified in Article 4, Paragraph 1; Common service fees as specified in Article 5, Paragraph 2; and Expenses for which the Tenant is liable as specified in Article 9, Paragraph 1. If the Tenant does not adhere to any of the following rules, the Landlord presses the Tenant to perform its obligations within a reasonable period of time and the Tenant fails to do so within that period of time, and the Landlord therefore is unable to continue the Contract, then the Landlord can cancel the Contract. To use the Property only as a residence as stated in Article 3; Rules specified in Article 8 (not including those specified in Paragraph 3 of that Article related to the acts described under items 6-8 of Table 1) Other rules for the Tenant to observe as specified in the Contract. If either the Landlord or the Tenant meets any of the descriptions below, then the other party may cancel the Contract without prior notice. When it is clear that the party has violated the pledges under the subparagraphs of Article 7, Paragraph 1 When it or its directors qualify as antisocial forces after conclusion of the Contract If either the Tenant has violated any of the rules under Article 7, Paragraph 2 or has committed any of the acts listed under items 6-8 of Table 1, then the Tenant may cancel the Contract without prior notice.