Option for Early Termination a. Landlord hereby grants to Tenant the option to terminate this Lease at the end of month thirty-six (36) of the Term, upon the terms and conditions contained in this Lease and each and all of the following terms and conditions:
Option for Early Termination. Each Party will have an annual option to terminate the Agreement, on January 1 of each year beginning January 1, 2020, for a termination date effective June 30 of the year in which the notice is given. If notice is timely provided by either Party, the Parties agree to meet and discuss, through the Technical Advisory Group whether amendment of the agreement in lieu of termination can address Parties’ concerns with continuation of the Agreement and the Recycled Water Advisory Committee shall be provided with an opportunity to make a recommendation to the Parties’ governing bodies with respect to termination.
Option for Early Termination. Tenant shall have the right and option to terminate the Lease Term early, with such termination to be effective at any time after the June 29, 2008. Such option shall be exercised by Tenant giving written notice of Tenant's election to terminate early and setting forth a new Expiration Date, which new Expiration Date shall not be earlier than June 29, 2008. Such notice must be given to Landlord not later than 9 months prior to such new Expiration Date. If Tenant gives such notice, Tenant shall pay, as a termination fee the sum of $465,000.00 on the new Expiration Date.
Option for Early Termination. So long as Tenant is not in default hereof effective as of the end of the 38th month of the Lease Term, Tenant shall be entitled to the one time right to cancel this lease provided Tenant has given Landlord written notice of the exercise of this option on or before the end of the 35th month of the Lease Term and Tenant has made a simultaneous cash payment of an early termination cancellation charge. An early termination-cancellation charge calculated in accordance with Exhibit "F" attached hereto and incorporated herein by reference shall be assessed for the recovery of the unamortized Tenant improvements and unrealized rental. This early termination charge shall in no way relieve Tenant of the responsibility to Landlord to leave the Demised Premises in good condition and order, less normal wear and tear, and clean and free from trash and debris.
Option for Early Termination. 38. Tenant shall have the option to terminate its tenancy effective as of December 30, 2019 (i.e. the end of the sixth (6th) month of the original term of this Lease) provided that Tenant has notified Landlord in writing (in accordance with Section 40 hereof) and Landlord has received such Notice at least two (2) months prior (i.e. on or before October 30, 2019), and further provided that Tenant shall not default pursuant to the terms of this Lease.
Option for Early Termination. Provided this Lease is then in full force and effect and Tenant is not in default of this Lease (beyond any applicable notice and cure period), Landlord hereby grants Tenant a one time right to terminate this Lease after the 74/th/ full calendar month of the Lease term, provided that: (i) Tenant notifies Landlord in writing no more than 15 months and no less than 12 months prior to the end of the 74th full calendar month of the Lease term of Tenant's desire to terminate this Lease under the terms of this paragraph; and (ii) concurrently with the aforementioned notice pays to Landlord a termination fee of Five Hundred Thousand Dollars and 00/100 ($500,000.00).
Option for Early Termination. (i) Provided that Tenant is not in default in the performance or observance of any of its obligations pursuant to this Lease beyond the expiration of any applicable notice and cure periods, Tenant shall have the one (1) time right to terminate this Lease by sending Landlord written notice of Tenant’s election to terminate the Lease following the expiration of the seventh (7th) Lease Year. Tenant shall send Landlord notice of its intent to termination the Lease not less than six (6) months prior to the expiration of the seventh (7th) Lease Year (the “Termination Notice”), TIME BEING OF THE ESSENCE. The termination date shall be the expiration of the seventh (7th) Lease Year (the “Early Termination Date”) and Tenant shall continue to pay all Rent and other sums due under the Lease up and through the Early Termination Date. Tenant’s termination right is further contingent upon receipt of payment and satisfaction in full of the following: an amount equal to the Landlord’s unamortized Transaction Costs to be paid within ten (10) days following Tenant’s receipt of Landlord’s statement of the amount of the Unamortized Transaction Costs. The failure to satisfy in full the aforesaid conditions strictly in accordance with the preceding sentence shall render the Termination Notice of no force or effect. “
Option for Early Termination. Either party may terminate this Lease without cause.
Option for Early Termination. The Company shall have the option to terminate this Connection Agreement in the initial stage of the Works in advance of the procurement by Gas Networks Ireland of any equipment or associated materials required for the Connection Facilities or the Works (the “Procurement”). For the avoidance of doubt this includes any time in advance of when Gas Networks Ireland has placed any verbal or written orders or executed any contracts regarding the Procurement. The Company may terminate this Connection Agreement under this Clause 15.8 by serving not less than 15 Business Days’ written notice on GNI. This Connection Agreement shall then end provided that the Company has paid to GNI: the Development and Construction Costs incurred up to the date on which this Connection Agreement terminates under this Clause; and all costs which arise out of the termination of this Connection Agreement including (i) all non-recoverable cancellation charges and internal Gas Networks Ireland costs and (ii) all costs associated with termination of any contracts and arrangements referable to the Works, in each case, irrespective of whether such costs are incurred before or after termination of this Connection Agreement. DISPUTE RESOLUTIOn
