EARLY TERMINATION PROVISION Sample Clauses

EARLY TERMINATION PROVISION. If ENCINO OFFICE PLAZA - EXECUTIVE SUITES should fall below 30% occupancy during the term of this Lease, Landlord hereby reserves the right to terminate this Lease upon thirty days (30) written notice to Tenant, provided that all such leases relating to the tenants of ENCINO OFFICE PLAZA - EXECUTIVE SUITES are terminated concurrently with the termination of this Lease.
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EARLY TERMINATION PROVISION. Without limiting the provisions in Section 13.1 of this Agreement, the Superintendent may terminate this Employment AGREEMENT and the Assistant Superintendent of Curriculum, Instruction and Assessment’s employment at any time by providing the Assistant Superintendent of Curriculum, Instruction and Assessment with at least ninety (90) calendar days written notice. The Assistant Superintendent of Curriculum, Instruction and Assessment may request to use his accrued vacation days prior to his separation from employment and/or the Superintendent may schedule the Assistant Superintendent of Curriculum, Instruction and Assessment for vacation days prior to his final day of employment.
EARLY TERMINATION PROVISION. For purposes of this Schedule only, and provided no Event of Default has occurred under the Lease, Lessee may early terminate this Schedule at any time prior to twenty-four (24) months after the Commencement Date, upon thirty (30) days prior written notice to Lessor by paying to Lessor the present value of the remaining Base Period Monthly Rental payments plus the Renewal Period payments, discounted at 7% (plus all applicable taxes and other amounts due under the Lease, including but not limited to sales and use tax, property tax, late charges, and any and all other sums due) after which all of Lessor’s rights title and interest shall be transferred to the Lessee (the “Early Termination Payments”).
EARLY TERMINATION PROVISION. LICENSEE will have the right at any time after January 31, 2005 to terminate the Agreement early without penalty so long as LICENSEE provides LICENSOR with at least one hundred and twenty days prior written notice. However, if the termination date will end during the months of October, November, or December, LICENSEE agrees to provide LICENSOR with at least one hundred and eighty days' prior written notice.
EARLY TERMINATION PROVISION. Only in the event that Tenant no longer has the NASA "Flight Crew Systems Development Contract" (FCSDC) or its equivalent being more fully described in Exhibit "C" attached hereto ("NASA Related Contract"), Tenant shall have the right after five (5) years from the date of commencement of the NASA Related Contract, but not less than fifty-two (52) months from the Lease Commencement Date, to wholly (but not partially) terminate this Lease with no further rental payments or obligations, after first giving four (4) months prior written notice to Landlord ("First Right to Terminate"). Similarly, if Tenant no longer has the NASA Related Contract or its equivalent, Tenant shall also have the right after eight (8) years from the date of commencement of the NASA Related Contract, to wholly (but not partially) terminate this Lease with no further rental payments or obligations, after first giving four (4) months prior written notice to Landlord ("Second Right to Terminate").
EARLY TERMINATION PROVISION. Provided no Event of Default has occurred under the Lease, upon thirty (30) days prior written notice to Lessor, Lessee may early terminate this Schedule at any time during the Initial Period of the Schedule by paying to Lessor the present value of the outstanding balance due under the Lease (the sum of all outstanding Initial period payments owed discounted at nine percent (9%), in addition to all taxes and other amounts due under the Lease, including but not limited to sales and use tax, property tax, late charges, and any and all other sums due) plus a prepayment penalty of three percent (3%) during years one, two or three, a two percent (2%) prepayment penalty during year four, and a one percent (1%) prepayment penalty during year five.
EARLY TERMINATION PROVISION please check the appropriate box: For this lease, the Lessor(s) and Lessee shall have the option of terminating the lease each year provided written notice is given to the other party and to the Department. The lease may be terminated by either party prior to the irrigation season by December 1st of the year prior to which the lease will be terminated. (See early termination fees.) After the notice is provided, the Department will issue a written Order to cancel the transfer and restore the appropriation to original purpose and location of use. No water may be diverted under the appropriation until such Order is issued. For this lease, the Lessor and Lessee shall not have the option of terminating the lease, without consent by all parties to the lease.
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EARLY TERMINATION PROVISION. If the Subtenant choses to terminate the lease agreement he/she will give the Sublessor a written notice no less than 30 days prior to termination date, agrees to forfeit his/her security deposit and is subject to a $150.00 early termination fee. Fees may be waived if Subtenant is able to replace his/her membership with an equal or greater membership level member.

Related to EARLY TERMINATION PROVISION

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • Early Termination of Agreement (a) The City and the Contractor, by mutual written agreement, may terminate this Agreement at any time.

  • Early Termination of Option The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • the termination of the Participant’s employment or services as provided in Section 5.6 of the Plan, or • the termination of the Option pursuant to Section 7.3 of the Plan.

  • Early Termination Notice If the Corporate Taxpayer chooses to exercise its right of early termination under Section 4.1 above, the Corporate Taxpayer shall deliver to the Agent notice of such intention to exercise such right (the “Early Termination Notice”). Upon delivery of the Early Termination Notice or the occurrence of an event described in Section 4.2 or Section 4.3(a), the Corporate Taxpayer shall deliver (i) a schedule showing in reasonable detail the calculation of the Early Termination Payment (the “Early Termination Schedule”) and (ii) any other work papers related to the calculation of the Early Termination Payment reasonably requested by the Agent. In addition, the Corporate Taxpayer shall allow the Agent reasonable access at no cost to the appropriate representatives of the Corporate Taxpayer in connection with a review of such Early Termination Schedule; provided that, in the event of a dispute governed by Section 7.9 or Section 7.10, any such costs shall be borne as set forth in such sections. The Early Termination Schedule shall become final and binding on all parties thirty (30) calendar days from the first date on which the Agent has received such Schedule or amendment thereto unless (x) the Agent, within thirty (30) calendar days after receiving the Early Termination Schedule, provides the Corporate Taxpayer with notice of a material objection to such Schedule made in good faith (“Material Objection Notice”) or (y) the Agent provides a written waiver of such right of a Material Objection Notice within the period described in clause (x) above, in which case such Schedule becomes binding on the date the waiver from the Agent has been received by the Corporate Taxpayer (the “Early Termination Effective Date”). If the Corporate Taxpayer and the Agent, for any reason, are unable to successfully resolve the issues raised in such notice within thirty (30) calendar days after receipt by the Corporate Taxpayer of the Material Objection Notice, the Corporate Taxpayer and the Agent shall employ the Reconciliation Procedures under Section 7.10 or Resolution of Disputes Procedures under Section 7.9, as applicable.

  • Termination Provisions In this Agreement:

  • Early Termination Right Tenant shall have the right, subject to the provisions of this Section 39, to terminate this Lease (“Termination Right”) with respect to the entire Premises only as of July 31, 2021 (“Early Termination Date”), so long as Tenant delivers to Landlord (i) a written notice (“Termination Notice”), of its election to exercise its Termination Right no less than 12 months in advance of the Early Termination Date, and (ii) concurrent with Tenant’s delivery of the Termination Notice to Landlord, an early termination payment equal to the sum of (1) the unamortized amount of the Tenant Improvement Allowance actually disbursed by Landlord as of the Early Termination Date with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (2) all of the unamortized leasing commissions paid by Landlord in connection with this Lease as of the Early Termination Date, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (3) the unamortized amount as of the Early Termination Date of the Additional Tenant Improvement Allowance actually disbursed by Landlord to Tenant, if any, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (4) the unamortized amount of the Base Rent that would have been payable during the Abatement Period had such amounts not been abated, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, and (5) an amount equal to 4 months of Base Rent that would have been payable for the 4 months immediately following the Early Termination Date (collectively, the “Early Termination Payment”). If Tenant timely and properly exercises the Termination Right, Tenant shall vacate the Premises and deliver possession thereof to Landlord in the condition required by the terms of this Lease on or before the Early Termination Date and Tenant shall have no further obligations under this Lease except for those accruing prior to the Early Termination Date and those which, pursuant to the terms of this Lease, survive the expiration or early termination of this Lease. If Tenant does not deliver to Landlord the Termination Notice and the Early Termination Payment within the time period provided in this paragraph, Tenant shall be deemed to have waived its Termination Right and the provisions of this Section 39 shall have no further force or effect.

  • Early Termination of Services Termination at any time upon 90 days’ prior written notice. Notwithstanding the second sentence of Section 4(b) of the Agreement, individual Services within this Schedule may be terminated on a per country basis without all other Services being simultaneously terminated. Following the written notice period and coinciding with the early termination by the Recipient of any Service(s) in this Schedule, Early Termination Fees equal to 75% of the monthly cost of such terminated Services shall be charged to Recipient monthly until the earlier of (i) three (3) months after termination or (ii) the expiration of the Term of this Schedule.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination Fee After this contract goes into effect, if you terminate this contract for any reason, or switch your service to a different electricity generation supplier or default service supplier prior to the end of the contract term, you will be responsible for paying XOOM Energy an early termination fee in the amount of $500. This Early Termination Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electric power to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses.

  • Early Termination Benefit If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

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