Mutual Break Clause Clause Samples
A Mutual Break Clause is a contractual provision that allows either party to terminate the agreement before its scheduled end date, typically by providing advance written notice. In practice, this means both parties have equal rights to end the contract early, often after a minimum period has elapsed, by following the specified notice procedure. The core function of this clause is to provide flexibility and balance, enabling both sides to exit the arrangement if circumstances change or if the contract is no longer beneficial, thereby reducing long-term risk and commitment.
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Mutual Break Clause. The Initial Term of this tenancy agreement may be terminated by either party giving the other at least two months' notice in writing, such notice not to expire until at least 6 months after the start of the Term. A notice served by the Landlord under section 21 of the Housing ▇▇▇ ▇▇▇▇ shall be sufficient notice under this clause. The Tenant is obliged to pay rent up to and including the termination date, so if the tenancy is terminated on a date which is not the last day of a rental period, the rent due for any incomplete rental periods will be apportioned accordingly.
Mutual Break Clause. Any time after 4 months from the start of the Tenancy Agreement either party can exercise the break clause by giving two months notice in writing to the other party. This means that the earliest time that the tenancy can be ended by this clause is after the expiry of 6 months from the commencement of the Term.
Mutual Break Clause. It is hereby agreed and understood that any time after five months following the commencement of the initial fixed term of this tenancy the Tenant may invoke this break clause by providing a minimum of one calendar month’s written notice to the Landlord such notice to expire on or after 20th December 2023. It is further agreed that any time after four months following the commencement of the initial fixed term of this tenancy the Landlord may invoke this break clause by providing a minimum of two calendar months’ written notice to the Tenant such notice to expire on or after 20th December 2023. At the end of such notice the tenancy shall end and all obligations and responsibilities shall cease; subject nevertheless to any claim by either party against the other in respect of any breach of any of the terms and conditions of the agreement. Parking The property is offered without parking. The Tenant (and any occupiers of the Apartment from time to time for so long as they occupy the Premises) shall not apply for or obtain or be entitled to a permit to park a vehicle in a place designated by an order under Section 45(2) of the Road Traffic Regulation Act 1984 for the use of residents in a locality of the Estate (unless the Tenant (or occupier as the case may be) is the holder of a disabled persons badge issued pursuant to section 21 of the Chronically Sick and Disabled Persons Act 1970).
Mutual Break Clause. Any time after four months of the initial fixed Term of this tenancy (or after a similar period following a fixed Term extension to the original tenancy) either party may invoke this break clause by providing a minimum of two months written notice to the other (such notice to expire on the last day of a rental period of the tenancy). At the end of such notice the tenancy shall end and all obligations and responsibilities shall cease; subject nevertheless to any claim by either party against the other in respect of any breach of any of the terms and conditions of the agreement.
Mutual Break Clause. The Tenant may terminate this Sublease on or at any time after the expiry of the second year of the Term by serving written notice on the Landlord specifying the date of termination ("Break Date") not less than 6 months prior to the Break Date. ("Tenant Break Notice")
Mutual Break Clause. Any time after four months of the initial fixed Term of this tenancy (or after a similar period following a fixed Term extension to the original tenancy) either party may invoke this break clause by providing a minimum of two months written notice to the other (such notice to expire on the last day of a rental period of the tenancy). At the end of such notice the tenancy shall end and all obligations and responsibilities shall cease; subject nevertheless to any claim by either party against the other in respect of any breach of any of the terms and conditions of the agreement. The following clauses set out the ways in which this agreement may be brought to an end by either party. In addition, these clauses set out the procedures which the Tenant or Landlord shall use when the tenancy is brought to an end.
Mutual Break Clause. Upon the expiry of correctly served notice under this clause, the tenancy shall end and all obligations and responsibilities of both parties shall cease; subject nevertheless to any claim by either party against the other in respect of any breach of any of the terms and conditions of the agreement. At any time following the expiry of six (06) months from the commencement date of this tenancy we may terminate the tenancy using this break clause by providing a minimum of two (02) calendar months written notice to you. We must give this notice to you in the form of a Section 21 Notice and this notice may be served by our Agent on our behalf. At any time following the expiry of six (06) months from the commencement date of this tenancy, you may terminate the tenancy using this break clause by providing a minimum of two (02) calendar months written notice to us or to our Agent. You must give this notice in writing in its original form (i.e. on paper, not via electronic mail or by fax) and it must be signed and dated by all tenants named in this agreement. Note: This notice from you shall have no effect if, at the expiry of the notice: (i) you owe rent or any other money legally due to us in respect of your tenancy; (ii) you fail to give up vacant possession of the whole property, leaving behind subsisting occupiers, at the expiry of your notice.