Landlord’s right to cancel Sample Clauses

Landlord’s right to cancel. If the Tenant fails to pay any amount due by it in terms of this Agreement on the due date thereof or commits any other material breach of this Agreement, and fails to make such payment or to remedy such breach within a period of 10 (ten) Business Days after receipt of written notice to that effect, the Landlord shall be entitled to, without further notice to the Tenant, cancel this Agreement without prejudice to any claim of any nature whatsoever which it may have against the Tenant as a result thereof.
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Landlord’s right to cancel. Upon receipt of such request and the required information from the Tenant, the Landlord shall have the right, exercisable in writing within thirty (30) days after such receipt, to cancel and terminate this Lease if the request is to assign this Lease or to sublet all of the Leased Premises, or, if the request is to sublet a portion of the Leased Premises only, to cancel and terminate this Lease with respect to such portion, in each case as of the date set forth in the Landlord's notice of exercise of right ("Landlord's notice of termination"), which shall be neither less than sixty (60) days nor more than one hundred and twenty (120) days following the delivery of the Landlord's notice of termination. If the Landlord shall exercise such right, the Tenant shall surrender possession of the entire Leased Premises or the portion which is the subject of the right, as the case may be, on the date set forth in the Landlord's notice of termination in accordance with the provisions of this Lease relating to the surrender of the Leased Premises at the expiration of the Term. If this Lease shall be cancelled as to a portion of the Leased Premises only, the rent payable by the Tenant under this Lease shall be abated proportionately. In the event that the Landlord shall not exercise the right to cancel this Lease, then the Landlord's consent to any such request to assign or sublet shall not be unreasonably withheld.
Landlord’s right to cancel. If with regard to damage to the Relevant Space: (i) more than forty percent (40%) of the Building is damaged; (ii) any secured lender of the Landlord and Building shall not allow adequate insurance proceeds for repair and restoration; (iii) the damage is not covered by Landlord’s insurance; or (iv) the Lease is in the last 12 months of the Term; then Landlord may cancel this Lease by giving notice to Tenant within 30 days after Landlord knows of the event which gives Landlord the right to cancel, which notice shall specify the cancellation date, which shall be at least 30 but not more than 60 days after the date notice is given.
Landlord’s right to cancel. If, with regard to damage to the Relevant Space: (i) the damage is not covered by insurance required to be maintained by Landlord or Tenant (as the case may be) hereunder and Landlord actually elects not to rebuild; or (ii) this Lease is in the last twenty-four (24) months of the Lease Term and Tenant has not exercised any renewal option that would extend the Lease Term beyond the then-current Lease Term, then Landlord may terminate this Lease by giving written notice of such decision to Tenant within thirty (30) days after Landlord knows of the event which gives Landlord the right to terminate, which notice shall specify the termination date, which shall be at least thirty (30) but not more than sixty (60) days after the date the termination notice is given.
Landlord’s right to cancel. It is hereby agreed that in the event Landlord, or Landlord’s successor in interest, decides at any time to sell or demolish the Building, then Landlord or said successor may terminate this Lease by giving Tenant not less than six (6) months prior written notice of said termination. Said notice shall specify the date of termination, which date may be on any day of the month. Tenant shall vacate the Promises on or before the termination date; provided, however, that Rent shall be owed and paid up to and including the termination date. In the event this Lease Is terminated by Landlord as provided in this Article 36, and provided that Tenant shall not be in default of any of the covenants, terms and conditions in this Lease contained, and shall vacate the Premises on or before the termination date, Tenant shall be entitled to receive from Landlord one hundred percent (100%) of that unamortized portion of Tenant’s Improvements made during the term hereof, depreciated on a straight-line basis not to exceed five (5) years. Tenant hereby releases and forever discharges Landlord, and indemnifies and, holds Landlord harmless, from and against any and all claims arising from such termination of the Lease pursuant to this Article 36.
Landlord’s right to cancel. Landlord may cancel this Lease by written notice to Tenant within a reasonable time after (a) the commencement of a case in bankruptcy, or under the laws of any state, naming Tenant as the debtor or (b) Tenant’s making an assignment or any other arrangement for the benefit of creditors under any state statute. Neither Tenant nor any person claiming through or under Tenant, or by reason of any statute or order of court, shall thereafter be entitled to possession of the Premises but shall forthwith quit and surrender the Premises. If this Lease shall be assigned in accordance with its terms, the provisions of this Article shall be applicable only to the party then owning Tenant’s interest in this Lease.
Landlord’s right to cancel. If (i) the premises shall be totally damaged or rendered wholly untenable by fire or other casualty, or (ii) the Building or more than fifty (50%) percent of the other Buildings which then comprise the Commercial Center shall be so damaged by fire or other casualty that substantial alteration or reconstruction of the building or such other buildings shall, in Landlord's opinion, be required (whether or not the premises shall have been damaged by such fire or other casualty) , or (iii) the Premises are damaged in whole or in part as a result of a risk which is not covered by the insurance maintained by Landlord, or (iv) the Premises are damaged in whole or in part during the last eighteen (18) months of the Term, or (v) the Buildings or the Common Areas are damaged (whether or not the Premises are damaged) to such an extent that the Commercial Center cannot in Landlord's judgment be operated as an integral facility, then in any such events, Landlord may, at its option, terminate this Lease by giving Tenant thirty (30) days' notice of such termination, which notice shall be given within sixty (60) days after the date of such damage. If such notice of termination shall be given, this Lease shall terminate as of the date provided in such notice of termination (whether or not the Term shall have commenced) with the same effect as if that were the Expiration Date, and the Minimum Rent and additional rent shall be apportioned as of such date of damage or destruction. If, at any time prior to Landlord giving Tenant the aforesaid notice of termination or commencing the repair and restoration pursuant to this Article, as the case may be, the holder of a mortgage on all or part of the Commercial Center takes possession of the Building through foreclosure or otherwise, such holder or person shall have a further period of sixty (60) days from the date of so taking possession to terminate this Lease by written notice of Termination.
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Landlord’s right to cancel. 34 Section 9.10 Landlord’s Right to Conduct Events at the Premises 34 Section 9.11 Scheduling 35 Section 9.12 Concessions 37 Section 9.13 Pier 57; Other Surrounding Areas 38 Section 9.14 Requirements for Conduct of Business 40 Section 9.15 Unlawful Use and Prohibited Use 41 Section 9.16 Vehicles 42 Section 9.17 Exclusive Rights 42 Section 9.18 Esplanade 42 ARTICLE 10 RIGHT OF ENTRY 43 Section 10.01 Landlord’s Entry 43 Section 10.02 Non-Interference 43 ARTICLE 11 INSURANCE INDEMNIFICATION 43 Section 11.01 Tenant’s Insurance and Indemnity 43 Section 11.02 Landlord Insurance 45 Section 11.03 General Insurance Requirements 47 Section 11.04 General Insurance Provisions 48 Section 11.05 Evidence of Insurance 50 Section 11.06 Compliance with Policy Requirements 50 Section 11.07 Separate Insurance 50 Section 11.08 Excess and/or Master or Umbrella Policies 50 Section 11.09 Annual Aggregates 50 Section 11.10 Other Insurance Not Required Under this Lease 50 Section 11.11 Modification by Insurer 50 Section 11.12 Insurance in Addition to Article 17 51 ARTICLE 12 DAMAGE, DESTRUCTION AND RESTORATION 51 Section 12.01 Notice 51 Section 12.02 Casualty Restoration 51 Section 12.03 Reimbursement of Expenses and Application of Insurance Proceeds 54 Section 12.04 Effect of Casualty on this Lease 54 ARTICLE 13 CONDEMNATION 55 Section 13.01 Continuation of Lease; Termination 55 Section 13.02 Tenant’s Restoration 56 Section 13.03 Governmental Action 56 Section 13.04 Condemnation Restoration Procedure 57 Section 13.05 Collection of Awards 57 Section 13.06 Tenant’s Right to Excess Award 57 Section 13.07 Tenant’s Appearance at Condemnation Proceedings 57 Section 13.08 Tenant’s Right to Terminate 57 Section 13.09 Tenant’s Costs 58 ARTICLE 14 ASSIGNMENT 58 Section 14.01 Assignment 58
Landlord’s right to cancel. Landlord expressly reserves the right, acting reasonably and in good faith and with as much advance notice to Xxxxxx as practicable in the circumstances, to require Tenant to cancel any Permitted Event, solely in cases of‌

Related to Landlord’s right to cancel

  • Landlord’s Right to Cure If Landlord breaches any of its obligations under this Lease, Tenant shall notify Landlord in writing and shall take no action respecting such breach so long as Landlord promptly begins to cure the breach and diligently pursues such cure to its completion. Landlord may cure any default by Tenant; any expenses incurred shall become Additional Rent due from Tenant on demand by Landlord.

  • Landlord’s Right to Enter Landlord and its agents shall have the right to enter the Leased Premises during normal business hours after giving Tenant reasonable notice and subject to Tenant’s reasonable security measures for the purpose of (i) inspecting the same; (ii) showing the Leased Premises to prospective purchasers, mortgagees or tenants; (iii) making necessary alterations, additions or repairs; and (iv) performing any of Tenant’s obligations when Tenant has failed to do so. Landlord shall have the right to enter the Leased Premises during normal business hours (or as otherwise agreed), subject to Tenant’s reasonable security measures, for purposes of supplying any maintenance or services agreed to be supplied by Landlord. Landlord shall have the right to enter the Outside Areas during normal business hours for purposes of (i) inspecting the exterior of the Building and the Outside Areas; (ii) posting notices of nonresponsibility (and for such purposes Tenant shall provide Landlord at least thirty days’ prior written notice of any work to be performed on the Leased Premises); and (iii) supplying any services to be provided by Landlord. Any entry into the Leased Premises or the Outside Areas obtained by Landlord in accordance with this paragraph shall not under any circumstances be construed or deemed to be a forcible or unlawful entry into, or a detainer of, the Leased Premises, or an eviction, actual or constructive of Tenant from the Leased Premises or any portion thereof.

  • Landlord’s Rights Landlord, Agent and their respective agents, employees and representatives shall have the right to enter and/or pass through the Premises at any time or times upon reasonable prior notice (except in the event of emergency): (a) to examine and inspect the Premises and to show them to actual and prospective lenders, prospective purchasers or mortgagees of the Property or providers of capital to Landlord and its affiliates; and (b) to make such repairs, alterations, additions and improvements in or to all or any portion of either or both of the Premises and the Property, or the Property’s facilities and equipment as Landlord is required or desires to make. Landlord and Agent shall be allowed to take all materials into and upon the Premises that may be required in connection with any repairs, alterations, additions or improvements, without any liability to Tenant and without any reduction or modification of Tenant’s covenants and obligations hereunder; provided, however, that Landlord shall use reasonable efforts to limit interference with Tenant’s business operations and Tenant’s occupancy and use of the Premises. During the period of six months prior to the Expiration Date (or at any time, if Tenant has vacated or abandoned the Premises or is otherwise in default under this Lease), Landlord and its agents may exhibit the Premises to prospective tenants. Additionally, Landlord and Agent shall have the following rights with respect to the Premises, exercisable without notice to Tenant, without liability to Tenant, and without being deemed an eviction or disturbance of Tenant’s use or possession of the Premises or giving rise to any claim for setoff or abatement of Rent: (i) to designate and approve, prior to installation, all types of signs; (ii) to have pass keys, access cards, or both, to the Premises; and (iii) to decorate, remodel, repair, alter or otherwise prepare the Premises for reoccupancy at any time after Tenant vacates or abandons the Premises for more than 30 consecutive days or without notice to Landlord of Tenant’s intention to reoccupy the Premises.

  • LANDLORD'S RIGHT OF ENTRY Landlord shall be allowed access to the premises, at any reasonable hour for the purpose of examining or exhibiting of same, and for making such repairs or alterations either as Landlord may deem necessary or appropriate or as Tenant may request. Tenants are not allowed to interfere with showings as this is a direct violation of your lease. In the City of Urbana Landlord will give tenants 24 hours notice. While not required in Champaign, Landlord will make reasonable effort to give tenant advance notice and may provide this notice through phone, email, verbal or posting notice. In cases of emergency repairs or due to complaints, Landlord may have to enter the premises with no formal notice.

  • Landlord’s Right to Terminate Landlord shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Tenant of a written notice of election to terminate within thirty days after the date of such damage or destruction:

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