Common use of Lessor’s Right to Terminate Lease Clause in Contracts

Lessor’s Right to Terminate Lease. If the Lessee fails to pay the Lease Rent for consecutive months or violates any of the terms stated herein and does not remedy such breach within days of receiving written notice / intimation in that behalf from the Lessor, the Lessor shall be entitled to terminate the Lease executed on expiry of such notice period and as a result of that the said Lease shall automatically come to end and the Lessor shall become entitled to take the possession back from the Lessee on “as it was where it was basis” without giving any prior intimation to the Lessee and the said action of Lessor shall be binding to the Lessee and the Lessee shall not claim for any rights or damages against the Lessor for any of its belongings, goods, movables, furniture, fixture, interior, business loss etc. Further the Lessor shall also be entitled for and entitled to claim for the due amounts / arrears with 18% interest from the Lessee. Further the Lessor shall become entitled to sale / dispose off all or any of the belongings, goods, movables, furniture, fixture, interior of the Lessee that remain in the said property in custody of the Lessor to recover the out-standings towards the agreed amounts payable by the Lessee under the said agreement.

Lessor’s Right to Terminate Lease. If the Lessee fails to comply with any of the material provisions of this Lease, other than the covenant to pay rent or materially fails to comply with any duties imposed on Lessee by statute, and the noncompliance continues for seven (7) days after delivery of written notice by the Lessor to Lessee specifying the noncompliance and indicating the intention of Lessor to terminate the Lease by reason thereof, the Lessor may terminate the Lease. If the Lessee fails to pay rent when due and the Lease Rent default continues for consecutive months three (3) days after delivery of written demand by Lessor for payment of the rent or violates possession of the premises, Lessor may terminate the Lease. Furthermore, in the case of failure by the Lessee to pay the rent, or additional rent, or any part thereof when due, or the failure to comply with any of the terms stated herein and does not remedy such breach within days conditions of receiving written notice / intimation in that behalf from the Lessorthis Lease, the Lessor shall be entitled may, in addition to terminate any other remedies above provided or given it by law, continue this Lease and recover damages for such failure; or it may elect, within thirty (30) days after discovery of such failure, to enter and take possession of said premises for said breach, and may declare this Lease at an end, in which event the Lessee agrees to surrender peaceable possession of said premises to the Lessor; and the failure to consider the Lease executed on expiry forfeited for one failure or breach shall not be a waiver of such notice period and as the Lessor’s right to declare the Lease forfeited for any subsequent breach, this right being a result continuing one. (a) Lessee acknowledges that this unit is currently the subject of that the said Lease shall automatically come to end mortgage foreclosure proceedings, and the Lessor shall become entitled to take the possession back from the Lessee on “as it was where it was basis” without giving any parties have agreed that either party may terminate this Lease based upon sixty (60) days prior intimation written notice to the Lessee and the said action of Lessor shall be binding to the Lessee and the Lessee shall not claim for any rights or damages against the Lessor for any of its belongings, goods, movables, furniture, fixture, interior, business loss etc. Further the Lessor shall also be entitled for and entitled to claim for the due amounts / arrears with 18% interest from the Lessee. Further the Lessor shall become entitled to sale / dispose off all or any of the belongings, goods, movables, furniture, fixture, interior of the Lessee that remain in the said property in custody of the Lessor to recover the out-standings towards the agreed amounts payable by the Lessee under the said agreementother party.