Landlord Termination. In the event Landlord elects to terminate this Lease by reason of an Event of Default, then, notwithstanding such termination, Tenant shall be liable for and shall pay to Landlord, at the address specified for notice to Landlord herein, the sum of all Rent and other amounts payable to Landlord pursuant to the terms of this Lease which have accrued to date of such termination.
Landlord Termination. In the event that any portion of the Development (including the Building) shall be damaged to such an extent that Landlord, the Condominium Association or any of Landlord's lenders shall elect not to restore same, then Landlord shall have the right to terminate this Lease within ninety (90) days 40 following the date of the damage or destruction or, if applicable, within a reasonable time after Landlord shall have been notified of the Condominium Association's or lender's decision not to restore. Upon such termination of this Lease, the parties shall be released without further obligations to the other coincident with the surrender of possession of the Premises to Landlord, except for items which theretofore accrued and are then unpaid and any obligations specified in this Lease which are to survive the termination of this Lease. Subject to the rights of Landlord's lenders and/or the Condominium Association, Landlord shall not elect to terminate this Lease unless a material portion of the Development (i.e., more than twenty five percent (25%)) shall have been damaged. Landlord agrees that if (1) this Lease is terminated by Landlord pursuant to this Section 21.1(iii) and Landlord thereafter reconstructs, restores or repairs the Building or the Premises, (2) at the time of such casualty Tenant is then operating a Club (including support facilities) within at least seventy-five percent (75%) of the Premises, (3) at the time of such casualty no monetary Default (as defined herein) and/or material Default shall have occurred and be continuing under this Lease, (4) at the time of such casualty, the Unexpired Lease Term (as defined herein) is at least five (5) years or Tenant exercises an Option for an Option Period, regardless of whether Tenant then would otherwise have the right to exercise same, by delivering notice to Landlord simultaneously with the delivery to Landlord of the Tenant Acceptance Notice (as defined herein) subject to and in accordance with this Section 21.1(iii), (5) within one-hundred eighty (180) days following the termination of this Lease pursuant to this Section 21.1 (iii), Tenant shall deliver to Landlord a statement signed and certified by the chief financial officer of Tenant, if Tenant is a corporation, by a managing member, if Tenant is a limited liability company, or by the chief financial officer of a corporate general partner of Tenant, if Tenant is a partnership (such person, the "FINANCIAL OFFICER"), to be true and correct discl...
Landlord Termination. 9.2.1 The Landlord may terminate this Lease by serving not less than [3 months'] prior written notice on the Tenant in the event that:
Landlord Termination. Landlord may terminate the Lease upon twenty-four (24) months’ prior written notice to Tenant in the event Landlord determines in good faith that the Site is needed for public purpose.
Landlord Termination. Landlord may terminate this Agreement by giving the Tenant a written notice in accordance with NRS118A.
Landlord Termination. Notwithstanding Section 9.01 above, if the Building is destroyed by a casualty that is not covered by the insurance required to be carried by Landlord hereunder or, if covered, such insurance proceeds are insufficient to rebuild the Building, then, provided that Landlord complied with the insurance requirements under this Lease, Landlord may, by delivering written notice to Tenant within sixty (60) days after such casualty, terminate this Lease with respect to matters thereafter accruing.
Landlord Termination. The Landlord shall provide fourteen (14) days prior written notice of Lease termination to Tenant for non-payment of rent or thirty (30) days prior written notice including grounds for termination and shall inform Tenant of Tenant’s right to reply, to examine the Landlord’s documents directly relevant to the termination. If the Landlord has a grievance procedure, Tenant may request a grievance in accordance with any such current Tenant Grievance Procedure. Unless changed by HUD or changes in State law occur, upon which the Landlord will follow the new law, a fifteen (15) day notice shall be served prior to the commencement of an eviction action.
Landlord Termination. If the Building Permit is not issued on or before the expiration of the Building Permit Period (for purposes of this Section 2.5.1, Landlord may, at its option, elect not to extend the Building Permit Period by Tenant Delay), Landlord shall have the right to terminate this Lease by delivery of a notice of termination to Tenant at any time thereafter, and the lease termination date shall be the date that is ten days after Tenant's receipt of the termination notice. Notwithstanding the foregoing, if the Building Permit is issued at any point within the ten days after Tenant's receipt of the termination notice, the termination of this Lease shall be automatically null and void.
Landlord Termination. In the event of a Taking of (i) twenty five percent (25%) or more of the Building, or (ii) twenty five percent (25%) or more of the parking spaces on the Premises, then Landlord may, at any time either prior to or within sixty (60) days after the date the condemning authority takes possession of the applicable portion of the Building or parking spaces, as the case may be, elect to terminate this Lease by delivering a written termination notice to Tenant; provided, however, if Landlord elects to terminate this Lease solely on account of a Taking of parking spaces, Tenant shall have the right, by notice given to Landlord within ten (10) days after receipt of Landlord’s termination notice (a “Tenant’s Reinstatement Notice”), to elect, in its sole discretion, to accept a Limited Parking Space Abatement of Basic Rent as set forth in Section 18.6(b). If Tenant delivers a Tenant’s Reinstatement Notice, then Landlord’s termination notice shall automatically be deemed to be null and void and of no further force and effect and this Lease shall remain in full force and effect with Tenant accepting the Limited Parking Space Abatement.
Landlord Termination. Landlord and Tenant agree herein to modify Section 3.A. of the Lease to add the following sentence to the end of Section 3.A of the Lease: “Notwithstanding anything to the contrary contained herein, Landlord shall have the right to terminate this Lease at any time and for any reason, in Landlord’s sole discretion, by delivering ninety (90) days prior written notice to Tenant.”
