Common use of LESSOR'S RIGHT OF TERMINATION Clause in Contracts

LESSOR'S RIGHT OF TERMINATION. Lessor and Lessee agree that in the event Sellers, as defined in the Asset Purchase Agreement, exercise their rights under Section 8.3.7 of the Asset Purchase Agreement in the manner permitted by that section, Lessor may, in its sole discretion, terminate this Lease upon thirty (30) days advance written notice and, in such event, Lessee's right under Section 15 hereof shall not be applicable to such termination by Lessor.

Appears in 6 contracts

Samples: Master Equipment Lease (Wastequip Inc), Master Equipment Lease (Wastequip Inc), Master Equipment Lease (Wastequip Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.