Early Cancellation Rights Clause Samples
The Early Cancellation Rights clause grants one or both parties the ability to terminate an agreement before its scheduled end date under specified conditions. Typically, this clause outlines the procedures for providing notice, any required penalties or fees, and the circumstances that justify early termination, such as breach of contract or changes in business needs. Its core function is to provide flexibility and risk management by allowing parties to exit the agreement if continuing becomes impractical or undesirable.
Early Cancellation Rights. None during first five (5) years, thereafter at Mortgagor's discretion. Upon request by Mortgagee, Mortgagor shall promptly furnish to Mortgagee a written statement containing the names and mailing addresses of all lessees of the Premises or of any portion thereof, the terms of their respective leases, the space occupied and the rentals payable thereunder and copies of their respective leases and shall cooperate in effecting delivery of notice of this covenant to each affected lessee.
Early Cancellation Rights a. You have the right to cancel this Agreement in relation to any (or all) of the Services within 14 days without giving any reason. The cancellation period will expire 14 days from the date the order for services has been place in respect of each Service you have requested.