Early Termination by Xxxxxx. Xxxxxx may terminate this Agreement by giving to Arcadia sixty (60) days prior written notice if:
Early Termination by Xxxxxx. [Select Section A. or B. below. The section not marked shall not be a part of this Lease.]
Early Termination by Xxxxxx. Notwithstanding any other provision of this Lease, Lessee shall have the right to terminate this Lease, with or without cause, upon not less than one
Early Termination by Xxxxxx. If Tenant terminates the lease early without all conditions of the Lease #23 being met, Xxxxxx agrees to pay the sum of two (2) months’ rent to cover additional expenses and allow time for Landlord to acquire a new tenant.
Early Termination by Xxxxxx. Tenant shall have the right to termination the Lease early upon not less than sixty (60) days’ written notice to Landlord. Tenant must not be in default of this Lease at the time such notice is given, and Tenant shall use the Notice to Vacate form attached as an addendum to this Lease. In addition to payment of any Rent or Additional Rent due at the time of such notice, Tenant shall pay as liquidated damages one and a half times the amount of a monthly installment of Rent plus a $300.00 administrative fee (the “Tenant Early Termination Fees”). The Tenant Early Termination Fees are a reasonable pre-estimate of Landlord’s additional expenses for unanticipated vacancies, turnkey expenses, and re-letting costs, and are acknowledged and affirmed by the Landlord and Tenant to not be a penalty. The Tenant Early Termination Fees must be received within one (1) day of sending of such notice. The termination date (“Termination Date”) shall be sixty (60) days after the last day of the month in which such notice is given and shall end on the last day of the month. Tenant must continue to pay Rent and any Additional Rent on time and in full for the months prior to the Termination Date. Notwithstanding the foregoing, if Tenant exercises the right of termination herein, Tenant shall not be relieved of any responsibilities and obligations regarding damage to Premises. Tenant may also not apply the Security Deposit to the payment of any of Tenant’s financial obligations set forth herein.
Early Termination by Xxxxxx. Notwithstanding the rights described above in Section A, Tenant shall have the right to terminate this Agreement if Tenant's program suffers a fifteen percent (15%) or greater drop in enrollment in its transitional kindergarten (TK) program in any school year. To exercise this right, Tenant must provide written notice by November 1 for an effective date of termination of June 30 of the following calendar year. If Tenant's TK enrollment stabilizes after notice of termination has been provided, Tenant shall have the right to rescind its termination notice on or before March 1 of the following calendar year and continue its tenancy per the Agreement. Any termination notice given under this Section shall require Tenant's documentation of the drop in its TK enrollment.
Early Termination by Xxxxxx. 21.1 Lessee shall have the option to terminate this lease, for any reason, after the seventh month of the lease term by providing thirty (30) days prior written notice to Lessor, and an Early Termination Fee equal to two months' rent together with any outstanding Rent or other amounts owed to Lessor pursuant to the terms of the lease. Failure to pay all amounts owed will result in the full term of the lease becoming due and payable.
Early Termination by Xxxxxx. After the Initial Term, Tenant may terminate this Lease without cause by giving written notice to Landlord at least twenty (20) days before the end of the month. After giving such notice, Tenant will pay Rent until the Premises are vacated, or through the end of the month in which the notice is given, whichever is later. In the event that Xxxxxx fails to give such notice to Landlord or fails to return the keys by the end of the month, Tenant will be liable for Rent for the following month or until the unit is re-rented, whichever comes first.
Early Termination by Xxxxxx. At any time prior to the end of the Term, Lender may terminate this Agreement and request early repayment upon notice to the Borrower via the Xxxxxxx Platform (the “Early Termination Provision”) after the Early Termination Notice Period (as defined in Exhibit A). Upon exercise of the Early Termination Provision, the Principal Amount of the Loan then outstanding, together with any interest accrued thereon due and payable through the end of the Early Termination Notice Period, shall be due and payable by Borrower to Lender.
Early Termination by Xxxxxx. Lessee may terminate this Lease Agreement prior to expiration for whatsoever reason.
