Common use of Landlord’s Option to Terminate Clause in Contracts

Landlord’s Option to Terminate. Landlord may, at its option, terminate this Lease by giving Tenant notice to that effect within ninety (90) days after the Date of Taking; and

Landlord’s Option to Terminate. In the event of a Default, Landlord may, at its will have the option, upon seven (7) days written notice to Tenant, but not less than any required statutory period of notice, to terminate this Lease, and in the event such notice is given, this Lease by giving will come to an end and expire upon the expiration of such notice period, but Tenant notice to that effect within ninety (90) days after the Date of Taking; andwill remain liable for damages as provided herein.

Landlord’s Option to Terminate. If the taking is material and Landlord determines to demolish the Building or re-develop the Project, Landlord may, at its option, terminate this Lease by giving Tenant notice to that effect within ninety (90) days after the Date of Taking; and

Landlord’s Option to Terminate. If a material portion of the Building or Land is so taken, Landlord may, at its option, terminate this Lease by giving Tenant notice to that effect within ninety (90) days after the Date of Taking, provided Landlord terminates the leases of all other similarly situated tenants in the Building; and