Common use of EARLY TERMINATION CLAUSE Clause in Contracts

EARLY TERMINATION CLAUSE. Tenant may, upon 30 days' written notice to Landlord, terminate this lease provided that the Tenant pays a termination charge equal to 2 months' rent or the maximum allowable by law, whichever is less. Termination will be effective as of the last day of the calendar month following the end of the 30 day notice period. Termination charge will be in addition to all rent due up to the termination day. ________ (Tenant’s Initials) Extenuating circumstances will be considered for a 1 month termination charge.

Appears in 1 contract

Samples: Real Estate Lease Agreement

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EARLY TERMINATION CLAUSE. Tenant may, upon 30 45 days' written notice to Landlord, terminate this lease provided that the Tenant pays a termination charge equal to 2 1 months' rent ’ Rent plus $50 for every month remaining on the lease or the maximum allowable by law, whichever is less. Termination will be effective as of the last day of the calendar month following the end of the 30 45 day notice period. Termination charge will be in addition to all rent due up to the termination day. ________ (Tenant’s Initials) Extenuating circumstances will be considered for a 1 month termination charge.

Appears in 1 contract

Samples: Residential Lease Agreement

EARLY TERMINATION CLAUSE. Tenant may, upon 30 days' written notice to Landlord, terminate this lease lease, provided that the Tenant pays a termination charge equal to 2 1 months' rent or the maximum allowable by law, whichever is less. Termination will be effective as of the last day of the calendar month following the end of the 30 day notice period. Termination charge will be in addition to all rent due up to the termination day. ________ (Tenant’s Initials) Extenuating circumstances will be considered for a 1 month termination charge.

Appears in 1 contract

Samples: Apartment Lease

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EARLY TERMINATION CLAUSE. Tenant may, upon 30 days' written notice to Landlord, terminate this lease provided that the Tenant pays a termination charge equal to 2 months' 3 months rent or the maximum allowable by law, whichever is less. Termination will be effective as of the last day of the calendar month following the end of the 30 day notice period. Termination charge will be in addition to all rent due up to the termination day. ________ (Tenant’s Initials) Extenuating circumstances will be considered for a 1 month termination charge.

Appears in 1 contract

Samples: Lease Agreement

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