Lessee Right to Terminate Sample Clauses

Lessee Right to Terminate. In the event the terms and conditions of this Agreement, including the rentals, fees and charges payable hereunder, have been substantially modified pursuant to Sub-Article 18.02 (Adjustment of Terms and Conditions) above, the Lessee, at any time within one (1) year following the effective date of such modification may terminate this Agreement by giving ninety days written notice to the County, without liability by any party to any other party.
Sample 1
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Lessee Right to Terminate. Lessee shall have the right to terminate this Lease on the fifth anniversary of the Commencement Date and on each five year anniversary thereafter by providing the Town written notice, delivered at least ninety (90) days prior to such anniversary date of its intention to terminate. Lessee’s termination under this Section 1(b) shall not relieve Lessee of the obligation to remove its equipment and to restore the Premises to their original condition, except reasonable wear and tear and loss due to casualty.
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Lessee Right to Terminate. Lessor's Architect and Lessee shall ------------------------- work diligently to obtain a preliminary cost estimate for the Improvement Costs. The estimates shall be reduced to writing and initialed by Lessor and Lessee. The preliminary estimates shall include (i) a preliminary estimate of the "hard costs" for the Tenant Improvements, (ii) a preliminary estimate of the "soft costs" for the Tenant Improvements and (iii) a preliminary estimate of all other costs included in the definition of Improvement Costs for the Tenant Improvements. If the preliminary estimate exceeds nine hundred thousand dollars ($900,000), Lessee shall have the right to terminate this Lease by written notice to Lessor within three business days after receipt of the preliminary estimate. If Lessee elects to terminate this Lease, Lessor promptly shall return Lessee's Security Deposit and first month's rent.
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Lessee Right to Terminate. Lessee may terminate the Lease as follows: (i) if Lessee is unable to obtain or maintain any required governmental permits or approvals to initially construct, and operate, the Project, which permits or approvals shall be received no later than 60 days after the Effective Date, upon sixty (60) days prior written notice to County; (ii) at Lessee’s discretion and convenience, subsequent to the first ten (10) years of the Term, upon not less than twelve (12) months’ prior written notice to County; and (iii) upon County’s breach of material terms after opportunity to cure, upon ninety (90) days’ prior written notice. In the event of termination pursuant to either Section 24.1 or Section 24.2 or expiration of the Term, Lessee shall remove all its equipment within sixty (60) days of said date at Lessee’s sole cost and expense.
Sample 1
Lessee Right to Terminate. Notwithstanding anything herein to the contrary, Lessee shall have the right at any time during the Term to terminate this Agreement by delivering written notice to the City of its desire to terminate this Agreement, and identifying the date on which the Agreement shall terminate, which date shall be not less than thirty (30) days following the date of the termination notice.
Sample 1
Lessee Right to Terminate. If Lessor tails to commence grading at the Premises by February 28, 2000, Lessee shall have the right, but not the obligation, to cancel this Lease by providing written notice to Lessor.
Sample 1
Lessee Right to Terminate. Lessee shall have the right to terminate this Agreement as to all or any part of the Premises at any time prior to the Operating Rent Commencement Date and prior to the Construction Commencement Date and without cause, and may terminate this Agreement by delivering written notice (email acceptable) to Lessor of its intention to terminate this Agreement. The termination of the Agreement shall be effective within 2 business days after Xxxxxx’s receipt of such written notice.
Sample 1
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Lessee Right to Terminate. Lessee shall have the right to terminate this Lease without cause with respect to the Property at any time prior to commencing construction on such Property by delivering written notice to Owner of such termination. If terminated, Lessee will cause to be recorded in the Official Records of the County of White Pine, State of Nevada, a release of all of Lessee’s rights, title and interest to the property within sixty (60) days of such Notice of Termination.
Sample 1
Lessee Right to Terminate. Notwithstanding any provision of this Agreement to the contrary, Lessee shall have the option to terminate this Agreement if the entirety of the improvements situated on the Premises or at least sixty percent (60%) thereof are substantially damaged or destroyed (“Destruction Event”), provided that the such damage or destruction resulted from a cause not insured against by Lessee. Lessee’s right to terminate this Agreement pursuant to the foregoing shall be subject to each and all of the following conditions: (i) no more than one hundred twenty (120) days following the Destruction Event, Lessee shall notify Lessor in writing of Lessee’s election to terminate this Agreement; (ii) no more than sixty (60) days following the giving of the notice required by (i) or such longer time as may be reasonable under the circumstances, Lessee shall, at Lessee’s expense remove all debris and other rubble from the Premises, secure the Premises against trespassers, and at Lessor’s election, remove all remaining improvements from the Premises; and (iii) no more than thirty (30) days following Lessee’s termination notice, Lessee shall deliver to Lessor a quitclaim deed to the Premises in recordable form, in form and content satisfactory to Lessor and with such other documentation as may be reasonably requested by Lessor or any title company on behalf of Lessor, terminating Lessee’s interest in the Premises.
Sample 1

Related to Lessee Right to Terminate

  • Right to Terminate Either Party may unilaterally terminate this Annex by providing thirty (30) calendar days written notice to the other Party.

  • Our Right to Terminate We may terminate this Agreement and close your account at any time by giving you 30 days’ written notice; this right is in addition to any other rights to terminate this Agreement or close your account that we may have under this Agreement.

  • Tenant’s Right to Terminate Tenant shall have the right to terminate this Lease following a Casualty if any of the following occurs: (i) Landlord’s Architect determines (which determination shall be made and forwarded to Tenant promptly after such Casualty) that the Premises cannot, with reasonable diligence, be repaired by Landlord to a substantially similar condition as existed prior to such Casualty (or cannot be safely repaired because of the presence of hazardous factors, including, but not limited to, Hazardous Materials, earthquake faults and other similar dangers) within 360 days after the date of such Casualty and the Casualty materially adversely impacts Tenant’s use of a material portion of the Premises, or (ii) the Premises is destroyed or materially damaged during the last twelve (12) months of the Lease Term and Landlord’s Architect determines (which determination shall be made and forwarded to Tenant promptly after such Casualty) that such damage will require more than sixty (60) days to repair, or (iii) the Premises are not actually repaired by Landlord to a substantially similar condition as existed prior to such Casualty within 380 days following such Casualty and the Casualty materially adversely impacts Tenant’s use of a material portion of the Premises. If Tenant elects to terminate this Lease following a Casualty pursuant to this Section 7.3, Tenant shall give Landlord written notice of its election to terminate within thirty (30) days after receipt of Landlord’s Architect’s determination (or within 30 days of the applicable restoration period should Landlord fail to complete repairs during such period), and this Lease shall terminate as of the date of such notice of election to terminate.

  • Landlord’s Right to Terminate Landlord shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised by delivery to Tenant of a written notice of election to terminate within forty-five (45) days after the date of such damage: A. The Project is damaged by an Insured Peril to such an extent that the estimated cost to restore exceeds ten percent (10%) of the then actual replacement cost thereof, or the Building in which the Premises is located is damaged to such an extent that the estimated cost to restore exceeds twenty-five percent (25%) of the then actual replacement cost thereof; B. Either the Project or the Building is damaged by an Uninsured Peril to such an extent that the estimated cost to restore exceeds two percent (2%) of the then actual replacement cost of the Building; C. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term to such an extent that the estimated cost to restore equals or exceeds an amount equal to six (6) times the Base Monthly Rent then due; or D. Either the Project or the Building is damaged by any peril and, because of the Laws then in force, (i) cannot be restored at reasonable cost to substantially the same condition in which it was prior to such damage, or (ii) cannot be used for the same use being made thereof before such damage if restored as required by this Article. E. As used herein, the following terms shall have the following meanings: (i) the term “Insured Peril” shall mean a peril actually insured against for which the insurance proceeds actually received by Landlord (and which are not required to be paid to any Lender) are sufficient (except for any “deductible” amount specified by such insurance) to restore the Project under then existing Laws to the condition existing immediately prior to the damage; and (ii) the term “Uninsured Peril” shall mean any peril which is not an Insured Peril. Notwithstanding the foregoing, if the “deductible” for earthquake or flood insurance exceeds two percent (2%) of the replacement cost of the improvements insured, such peril shall, at Landlord’s election, be deemed an “Uninsured Peril” for purposes of this Lease.

  • Your Right to Terminate You may also terminate this Client Agreement or close your Account at any time by giving us written notice. Your Account will be closed as soon as reasonably practicable after we have received notice, all open Positions are closed, Orders are cancelled, and all of your obligations are discharged.

  • Licensee’s Right to Terminate Licensee may, at its option, without prejudice to any other remedies it may have, terminate this agreement by giving written notice of such termination to Licensor as follows: (a) immediately, in the event that Licensor abandons the Licensed Marks or otherwise ceases to support the Licensed Marks in Licensor's business; or (b) immediately in the event of the occurrence of a Bankruptcy with respect to Licensor; or (c) immediately in the event of an occurrence of termination pursuant to Section 13.2(d).

  • Right to Terminate Agreement 21.1 Notwithstanding any other provision of this Agreement, if either Party (a) fails to comply with any of the material terms or conditions of the Agreement; (b) sells or transfers all or substantially all of its assets; (c) enters into any voluntary or involuntary bankruptcy proceeding or receivership; or (d) makes a general assignment for the benefit of its creditors, then the other Party shall have the right, without prejudice to any other right or remedy and after giving five (5) Days’ written prior notice to the other Party and a reasonable opportunity for cure (not to exceed thirty (30) days in the case of a failure to pay amounts when due), to terminate this Agreement, in whole or in part, and thereupon each Party shall immediately discontinue its performance hereunder to the extent feasible and make every reasonable effort to procure cancellation of existing commitments, orders and contracts upon terms that are reasonably expected to minimize all associated costs. However, nothing herein will restrict Company’s ability to complete aspects of the Work that Company must reasonably complete in order return its facilities and the Sites to a configuration in compliance with Good Utility Practice and all applicable laws, codes, regulations and standards. 21.2 If the event of any early termination or cancellation of the Work as contemplated in this Agreement, Customer shall pay Company the Company Reimbursable Costs for: a. all Work completed on or before the effective date of termination or cancellation; b. other costs reasonably incurred by Company in connection with the Work prior to Company’s receipt of the termination or cancellation notice for materials, equipment, tools, construction equipment and machinery, engineering and other items, materials, assets or services which cannot reasonably be avoided, mitigated or cancelled; c. costs reasonably incurred to unwind Work performed prior to Company’s receipt of the termination or cancellation notice to the extent reasonably necessary to return Company’s facilities and the Sites to a configuration in compliance with Good Utility Practice and all applicable laws, codes, regulations and standards, including, without limitation, applicable North American Electric Reliability Council and Northeast Power Coordinating Council protection; and d. reasonable demobilization expenses incurred by Company which cannot be reasonably avoided or mitigated.

  • Executive’s Right to Terminate Notwithstanding the provisions of paragraph 2.1, Executive shall have the right to terminate his employment under this Agreement for any of the following reasons:

  • Right to Terminate Sale In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

  • Option to Terminate The Client and Contractor shall: (check one)

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