Common use of Lease Termination Fee Clause in Contracts

Lease Termination Fee. Before giving the Termination Notice, Tenant shall give Landlord a preliminary notice stating Tenant's intention to exercise the right to terminate and the proposed Lease Termination Date. Within thirty (30) days after receiving the preliminary notice from Tenant, Landlord shall notify Tenant of the amount of the Lease Termination Fee based on the appropriate Lease Termination Date set forth in Tenant's notice. The Lease Termination Fee shall be equal to the "Unamortized Value as of the Lease Termination Date" of the "Lease Concessions," as defined in this Subsection 2.6.3.2.

Appears in 2 contracts

Samples: Sample Lease, Sample Lease

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Lease Termination Fee. Before giving the Termination Notice, Tenant shall give Landlord a preliminary notice stating Tenant's ’s intention to exercise the right to terminate and the proposed Lease Termination Date. Within thirty (30) days after receiving the preliminary notice from Tenant, Landlord shall notify Tenant of the amount of the Lease Termination Fee based on the appropriate Lease Termination Date set forth in Tenant's ’s notice. The Lease Termination Fee shall be equal to the "Unamortized Value as Value” of the Lease Termination Date" of the "Lease Concessions," as defined in this Subsection 2.6.3.22.6.2.2.

Appears in 1 contract

Samples: Leasehold Improvement Agreement

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Lease Termination Fee. Before giving the Termination Notice, Tenant shall give Landlord a preliminary notice stating TenantXxxxxx's intention to exercise the right to terminate and the proposed Lease Termination Date. Within thirty (30) days after receiving the preliminary notice from Tenant, Landlord shall notify Tenant of the amount of the Lease Termination Fee based on the appropriate Lease Termination Date set forth in Tenant's notice. The Lease Termination Fee shall be equal to the "Unamortized Value as of the Lease Termination Date" of the "Lease Concessions," as defined in this Subsection 2.6.3.2.

Appears in 1 contract

Samples: Sample Lease

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