Common use of Early Termination by Lessor Clause in Contracts

Early Termination by Lessor. Should this Agreement terminate by the action of the Lessor, for reasons other than event of default by Lessee, prior to the expiration of the Term, including option periods, the Lessor shall reimburse Lessee an amount (the “Unamortized Investment”) equal to the product of (i) Lessee’s Investment, as that term is defined in Section 16(C) of this Agreement, which shall be agreed to promptly after the Commencement Date by the parties and (ii) a fraction, the numerator of which will be the number of complete months remaining until the completion of the year of the Term on the date of termination and the denominator will be months.

Early Termination by Lessor. Should this Agreement terminate by the action of the Lessor, for reasons other than event of default by Lessee, prior to the expiration of the Term, including option periods, the Lessor shall reimburse Lessee an amount (the “Unamortized Investment”) equal to the product of (i) Lessee’s Investment, as that term is defined in Section 16(C) of this Agreement, which shall be agreed to promptly after the Commencement Date by the parties and (ii) a fraction, the numerator of which will be the number of complete months remaining until the completion of the year Initial Term of the Term Lease on the date of termination and the denominator will be 420 months.

Early Termination by Lessor. Should this Agreement terminate by the action of the Lessor, for reasons other than event of default by LesseeXxxxxx, prior to the expiration of the Term, including option periods, the Lessor shall reimburse Lessee an amount (the “Unamortized Investment”) equal to the product of (i) Lessee’s Investment, as that term is defined in Section 16(C) of this Agreement, which shall be agreed to promptly after the Commencement Date by the parties and (ii) a fraction, the numerator of which will be the number of complete months remaining until the completion of the year Initial Term of the Term Lease on the date of termination and the denominator will be 420 months.

Early Termination by Lessor. Should this Agreement terminate by the action of the Lessor, for reasons other than event of default by LesseeXxxxxx, prior to the expiration of the Term, including option periods, the Lessor shall reimburse Lessee an amount (the “Unamortized Investment”) equal to the product of (i) Lessee’s Investment, as that term is defined in Section 16(C) of this Agreement, which shall be agreed to promptly after the Commencement Date by the parties and (ii) a fraction, the numerator of which will be the number of complete months remaining until the completion of the year of the Term on the date of termination and the denominator will be months.