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. 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 Xxxxxx’s interest in the Premises.
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.
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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
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
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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. MONTHLY RENT
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Lessee Right to Terminate. Lessee may terminate the Lease as follows:
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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.

  • Tenant’s Right to Terminate If the Leased Premises, the Building or the Outside Area are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to this Article, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be complete. Tenant 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 Landlord of a written notice of election to terminate within seven days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

  • 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 If either Party (the “Breaching Party”) (a) fails to pay any amount when due under the terms of this Agreement or fails to comply with or perform, in any material respect, any of the other terms or conditions of this 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 (the “Non-Breaching Party”) shall have the right, without prejudice to any other right or remedy and after giving five (5) Days’ written prior notice to the Breaching 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, subject to Sections 21.3 and 21.4 of this Agreement. Subject to compliance with Section 22.1 of this Agreement, if applicable, the Non-Breaching Party shall also have the right to pursue any and all rights it may have against the Breaching Party under applicable law, subject to other applicable terms and conditions of this Agreement (including, without limitation, any applicable limitations on liability contained herein).

  • Option to Terminate The Client and Contractor shall: (check one) ☐ - Have the option to terminate this Agreement at any time by providing days’ written notice. ☐ - Not have the option to terminate this Agreement unless there is reasonable cause, as defined in Section VII.

  • Right to Terminate Following Event of Default If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If, however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8).

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