Lessor’s Right of Early Termination Sample Clauses

Lessor’s Right of Early Termination. A new clause 18.4 shall be inserted immediately after Clause 18.3 of the Hotel Management Agreement as follows: “The Lessor shall have the right to terminate this Agreement (as amended, supplemented or extended from time to time) at any time during the Operating Term by giving six (6) months’ prior written notice to the Hotel Manager provided the Lessor pays the Hotel Manager an amount equal to the Management Fee payable for three Fiscal Years or the remainder of the Operating Term, whichever is shorter. On the expiration of such notice this Agreement shall absolutely determine but without prejudice to the rights and remedies of any Party against another in respect of any antecedent claim or breach of any of the obligations herein.”
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Lessor’s Right of Early Termination. For the avoidance of doubt, Clause 15.2 of the Lease Agreement shall remain in full force and effect and such that the Lessor shall have the right to terminate the Lease Agreement as varied and supplemented by this Deed at any time during the Renewed Term by giving six (6) months’ prior written notice to the Lessee but without compensation interest or costs paid by the Lessor to the Lessee and the Lessee shall not have any claim whatsoever against the Lessor for such early determination of the Lease Agreement as varied and supplemented by this Deed. On the expiration of such notice the Lease Agreement as varied and supplemented by this Deed shall absolutely determine but without prejudice to the rights and remedies of either party against the other in respect of any antecedent claim or breach of any of the obligations herein.
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Related to Lessor’s Right of Early Termination

  • Early Termination Charges A-48 If this Agreement is terminated prior to its End Date pursuant to Clauses 42A-42, 43(a) or A- 43(c), the Home Customer shall pay to the Company an Early Termination Charge equivalent to (Termination Rate x Unexpired Months) where:

  • EARLY TERMINATIONS The Student may be released from this agreement for:

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • Lease Termination Except as provided in this Section 9.04, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition as existed on the date Tenant first occupied the Premises, (whether pursuant to this Lease or an earlier lease), subject to reasonable wear and tear. All Alterations shall become a part of the Premises and shall become the property of Landlord upon the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to Tenant, require Tenant to remove some or all of Tenant’s Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant’s sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such items (“Abandoned Items”) or repair such damage promptly after the expiration or earlier termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. Tenant agrees to indemnify Landlord for any and all loss, cost, damage, liability or expense as incurred (including but not limited to reasonable attorneys’ fees and legal costs) arising out of or related to any claim, suit or judgment brought by or in favor of any person or persons for damage, loss or expense which arises out of, is occasioned by or is in any way attributable to the Abandoned Items. Notwithstanding the foregoing to the contrary, in the event that Landlord gives its consent, pursuant to the provisions of Section 9.01 of this Lease, to allow Tenant to make an Alteration in the Premises, Landlord agrees, upon Tenant’s written request, to notify Tenant in writing at the time of the giving of such consent whether Landlord will require Tenant, at Tenant’s cost, to remove such Alteration at the end of the Lease Term.

  • Contract Remedies and Early Termination 15 9.1 CONTRACT REMEDIES 15 9.2 TERMINATION FOR CONVENIENCE 16 9.3 TERMINATION FOR CAUSE 16 9.4 COSTS 16

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows:

  • Early Termination of Agreement (a) The City and the Contractor, by mutual written agreement, may terminate this Agreement at any time.

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement:

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • Early Termination Fee After this contract goes into effect, if you terminate this contract for any reason, or switch your service to a different electricity generation supplier or default service supplier prior to the end of the contract term, you will be responsible for paying XOOM Energy an early termination fee in the amount of $500. This Early Termination Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electric power to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses.

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