EARLY TERMINATION BY LESSEE. a. Lessee may terminate this Lease prior to expiration of the Term hereof upon the happening of one or more of the following events: (1) Assumption by the United States Government, or any authorized agency thereof, of the operation, control or use of the Premises, or any substantial part thereof, in such manner as to substantially restrict Lessee in its operations hereunder for a period of ninety (90) consecutive calendar days. (2) Issuance by a court of competent jurisdiction of a permanent injunction that in any way prevents or restrains use of the Premises in a manner substantially restricting Lessee's operations hereunder. (3) Default by County in the performance of any promise, term, condition or covenant required of it to be performed hereunder, provided County fails to cure such default within sixty (60) calendar days following receipt of written notice of such default from Lessee. However, if the nature of such default is such that it cannot reasonably be cured within such period, County shall be deemed to have cured such default if within such period County commences performance thereof and thereafter diligently prosecutes the same to completion. b. Early termination by Lessee pursuant to this section shall be upon not less than thirty (30) days advance written notice to the County, which notice shall state the basis of such termination and the effective date thereof. c. In the event of early termination by Lessee pursuant to this section, Lessee shall pay Rent to County, to and including the date of such termination, in accordance with Section 4.1
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Samples: Lease Agreement, Lease Agreement, Lease Agreement
EARLY TERMINATION BY LESSEE.
a. Lessee may terminate this Lease prior to expiration of the Term hereof upon the happening of one or more of the following events:
(1) : Assumption by the United States Government, or any authorized agency thereof, of the operation, control or use of the Premises, or any substantial part thereof, in such manner as to substantially restrict Lessee in its operations hereunder for a period of ninety (90) consecutive calendar days.
(2) . Issuance by a court of competent jurisdiction of a permanent injunction that in any way prevents or restrains use of the Premises in a manner substantially restricting Lessee's operations hereunder.
(3) . Default by County in the performance of any promise, term, condition or covenant required of it to be performed hereunder, provided County fails to cure such default within sixty (60) calendar days following receipt of written notice of such default from Lessee. However, if the nature of such default is such that it cannot reasonably be cured within such period, County shall be deemed to have cured such default if within such period County commences performance thereof and thereafter diligently prosecutes the same to completion.
b. . Early termination by Lessee pursuant to this section shall be upon not less than thirty (30) days advance written notice to the County, which notice shall state the basis of such termination and the effective date thereof.
c. In the event of early termination by Lessee pursuant to this section, Lessee shall pay Rent to County, to and including the date of such termination, in accordance with Section 4.1
Appears in 1 contract
Samples: Lease Agreement