Common use of Landlord’s Termination Rights Clause in Contracts

Landlord’s Termination Rights. Landlord may terminate this Lease upon thirty (30) days’ prior written notice to Tenant if: (i) any material portion of the Building or any material means of access thereto is taken; (ii) more than thirty-five percent (35%) of the Building is damaged by Casualty; or (iii) if the estimated time to complete restoration exceeds one (1) year from the date on which Landlord receives all required permits for such restoration.

Appears in 2 contracts

Samples: Sublease (Praxis Precision Medicines, Inc.), Sublease (Praxis Precision Medicines, Inc.)

AutoNDA by SimpleDocs

Landlord’s Termination Rights. Landlord may terminate this Lease upon thirty (30) days’ prior written notice to Tenant if: if (i) any material portion of the Building or any material means of access thereto is taken; ; (ii) more than thirty-five percent (35%) of the Building is damaged by Casualty; or or (iii) if the estimated time to complete restoration exceeds one (1) year 270 days from the date on which Landlord receives all required permits for such restoration.

Appears in 1 contract

Samples: Lease Agreement (Quanterix Corp)

Landlord’s Termination Rights. Landlord may terminate this Lease upon thirty (30) days’ prior written notice to Tenant if: (i) any material portion of the Building or any material means of access thereto is takensubject to a Taking; (ii) more than thirty-five percent (35%) of the Building is damaged by Casualty; or (iii) if the estimated time to complete restoration exceeds one (1) year from the date on which Landlord receives all required permits for such restoration.

Appears in 1 contract

Samples: Consent to Sublease (Compass Therapeutics, Inc.)

Landlord’s Termination Rights. Landlord may terminate this Lease upon thirty (30) days’ prior written notice to Tenant if: (i) any material portion of the Building or any material means of access thereto is taken;; Casualty; or (ii) more than thirty-five percent (35%) of the Building is damaged by Casualty; orby (iii) if the estimated time to complete restoration exceeds one (1) year from the date on which Landlord receives all required permits for such restoration.

Appears in 1 contract

Samples: Lease Agreement (Dicerna Pharmaceuticals Inc)

Landlord’s Termination Rights. Landlord may terminate this Lease upon thirty (30) days’ prior written notice to Tenant if: (i) any material portion more than thirty-five percent (35%) of the Building or any material means of access thereto is taken;; or (ii) more than thirty-five percent (35%) of the Building is damaged by Casualty; or (iii) if the estimated time to complete restoration exceeds one (1) year from the date on which Landlord receives all required permits for such restoration.

Appears in 1 contract

Samples: Consent to Sublease (Aveo Pharmaceuticals Inc)

Landlord’s Termination Rights. Landlord may terminate this Lease upon thirty (30) days’ prior written notice to Tenant if: (i) any material portion of the Building or any material means of access thereto is taken; (ii) more than thirty-five percent (35%) of the Building is damaged by Casualty; or (iii) if the estimated time to complete restoration exceeds one nine (19) year months from the date on which Landlord receives all required permits for such restoration.

Appears in 1 contract

Samples: Lease Agreement (Black Diamond Therapeutics, Inc.)

AutoNDA by SimpleDocs

Landlord’s Termination Rights. Landlord may terminate this Lease upon thirty (30) days’ prior written notice to Tenant if: (i) any material portion of the Building or any material means of access thereto is taken; (ii) more than thirty-five fifty percent (3550%) of the Building is damaged by Casualty; or (iii) if the estimated time to complete restoration exceeds one (1) year from the date on which Landlord receives all required permits for such restoration.

Appears in 1 contract

Samples: Lease Agreement (Intellia Therapeutics, Inc.)

Landlord’s Termination Rights. Landlord may terminate this the Lease upon thirty (30) days' prior written notice to Tenant ifTenant: (i) if the cost to repair the Premises or Building in the event of a Casualty or Taking exceeds $750,000 or the same is not covered by insurance maintained by Landlord; (ii) if any material portion of the Building or any material means of access thereto is taken;subject to a Taking; or (iiiii) if more than thirtytwenty-five percent (3525%) of the Building is damaged by any Casualty; or (iii) if the estimated time to complete restoration exceeds one (1) year from the date on which Landlord receives all required permits for such restoration.

Appears in 1 contract

Samples: Lease Agreement (Tolerrx Inc)

Landlord’s Termination Rights. Landlord may terminate this Lease upon thirty (30) days’ prior written notice to Tenant if: if (i) any material portion of the Building or any material means of access thereto is taken; subject to a Taking; or (ii) more than thirty-five percent (35%) of the Building is damaged by Casualty; or (iii) if the estimated time to complete restoration exceeds one (1) year from the date on which Landlord receives all required permits for such restoration.

Appears in 1 contract

Samples: Lease Agreement (Theseus Pharmaceuticals, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!