Common use of Landlord’s Termination Right Clause in Contracts

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 5 contracts

Samples: Lease (Durata Therapeutics, Inc.), Lease (Xstelos Holdings, Inc.), Lease (BTHC VII Inc)

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Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice may give to Tenant, within 60 sixty (60) days following the date upon which Landlord receives notice of the Taking of that all or a portion of the Real Property, the Building or the PremisesPremises has been acquired or condemned, terminate a notice of termination of this LeaseLease as of a date set forth therein, provided that Landlord elects to terminate leases which date shall not be earlier than the thirtieth (including this Lease30th) affecting at least 50% day following delivery of the rentable area such notice of the Buildingtermination.

Appears in 2 contracts

Samples: Lease Agreement (Premier Research Worldwide LTD), Lease Agreement (Eresearchtechnology Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice may give to Tenant, ---------------------------- within 60 sixty (60) days following the date upon which Landlord receives notice of the Taking of that all or a portion of the Real Property, the Building or the PremisesPremises has been acquired or condemned, terminate a notice of termination of this Lease, provided that Landlord elects Lease with respect to terminate leases (including this Lease) affecting at least 50% such portion of the rentable area of the BuildingPremises acquired or condemned.

Appears in 2 contracts

Samples: Lease (Portal Software Inc), Lease (Portal Software Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord maymay terminate this Lease, by notice to Tenant, within 60 sixty (60) days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building Building, or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 2 contracts

Samples: Lease (Pegasystems Inc), Lease (Pegasystems Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a material portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 2 contracts

Samples: Lease (Engage Technologies Inc), Lease (Cmgi Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this LeaseAmended and Restated Lease as of the date immediately prior to the date of vesting of title, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 2 contracts

Samples: Lease (Marchex Inc), Lease (Marchex Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice may give to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of that all or a portion of the Real Property, the Building or the PremisesPremises has been acquired or condemned, terminate a notice of termination of this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% 50 percent of the rentable area of the BuildingBuilding (excluding any rentable area leased by Landlord or its affiliates).

Appears in 2 contracts

Samples: Agreement (Imanage Inc), Agreement (Imanage Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 5075% of the rentable area of the Building.

Appears in 2 contracts

Samples: Lease (PMC Sierra Inc), Lease (Franklin Resources Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50100% of the rentable area of the office space in the Building.

Appears in 1 contract

Samples: Sublease (K12 Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided . Landlord agrees that Landlord elects it will not discriminate against Tenant vis a vis other tenants in the Building with similar premises in electing to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 1 contract

Samples: Lease (Affirmative Insurance Holdings Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 sixty (60) days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate (as a result of such taking) leases (including this Lease) affecting at least fifty percent (50% %) of the rentable area portion of the BuildingBuilding occupied for office purposes immediately prior to such taking.

Appears in 1 contract

Samples: Lease (Convio, Inc.)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice may give to Tenant, within 60 sixty (60) days following the date upon which Landlord receives notice of the Taking of that all or a portion of the Real Property, the Building or the PremisesReal Property has been acquired or condemned, terminate a notice of termination of this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least fifty percent (50% %) of the rentable area of the BuildingBuilding (excluding any rentable area leased by Landlord or its Affiliates).

Appears in 1 contract

Samples: Of Lease (Pzena Investment Management, Inc.)

Landlord’s Termination Right. Whether or not Regardless of whether the Premises are affected, Landlord may, by notice to Tenant, within 60 sixty (60) days following the date upon which Landlord receives notice of the a Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.. (d)

Appears in 1 contract

Samples: Office Lease (1stdibs.com, Inc.)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 thirty (30) days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real PropertyProject, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 1 contract

Samples: Lease (Mindspeed Technologies, Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this LeaseLease effective as of the date of the vesting of title, provided that that, if no portion of the Premises is taken, Landlord may terminate this Lease only if Landlord elects to terminate leases (including this Lease) affecting at least 50% of all the rentable area of the high-rise portion of the Building.

Appears in 1 contract

Samples: Agreement of Sublease (Sunrun Inc.)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 sixty (60) days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 1 contract

Samples: Lease (Cereplast Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.. (d)

Appears in 1 contract

Samples: Lease Agreement

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Landlord’s Termination Right. Whether or not the Premises are affected, Landlord maymay terminate this Lease, by notice to Tenant, within 60 sixty (60) days following the date upon which Landlord receives notice of any such Taking, provided that, concurrent therewith, the Taking of all or a portion leases of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases tenants (including this LeaseTenant) affecting at least occupying in the aggregate not less than fifty percent (50% %) of the rentable area of the Buildingoffice space in the Building are terminated.

Appears in 1 contract

Samples: Lease (Centessa Pharmaceuticals PLC)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by may give to Tenant a notice to Tenant, of termination of this Lease within 60 days following the date upon which Landlord receives notice of the Taking of that (i) all or a portion of the Real Property, Property or the Building or the Premises, terminate this Lease, (provided that Landlord elects to terminate leases (including this Lease) affecting at least 5025% of the rentable area of the Building) or (ii) all or a portion of the Premises has been acquired or condemned.

Appears in 1 contract

Samples: Martha Stewart Living Omnimedia Inc

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a material portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 1 contract

Samples: Lease (Inphi Corp)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice may give to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of that all or a portion of the Real Property, the Building or the PremisesReal Property has been acquired or condemned, terminate a notice of termination of this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the BuildingBuilding (excluding any rentable area leased by Landlord or its Affiliates).

Appears in 1 contract

Samples: Lease (Sports Club Co Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 sixty (60) days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real PropertyProject, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least fifty percent (50% %) of the rentable area portion of the BuildingBuilding occupied for office purposes immediately prior to such taking.

Appears in 1 contract

Samples: Deed of Lease (FBR & Co.)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 sixty (60) days following the date upon which Landlord Xxxxxxxx receives notice of the Taking of all or a portion of the Real PropertyProject, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least fifty percent (50% %) of the rentable area portion of the BuildingBuilding occupied for office purposes immediately prior to such taking.

Appears in 1 contract

Samples: Deed of Lease (Carlyle Group L.P.)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 1 contract

Samples: Lease (Achieve Life Sciences, Inc.)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a substantial portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 1 contract

Samples: Lease (DemandTec, Inc.)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Project, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

Appears in 1 contract

Samples: Lease (E2open Inc)

Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Complex, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting aggregating at least 50% of the rentable area portion of the BuildingBuilding occupied for office purposes immediately prior to such Taking.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Philadelphia Consolidated Holding Corp)

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