Common use of Planning Application Submission End Date Clause in Contracts

Planning Application Submission End Date. Where no Planning Application has been validated by the Local Planning Authority through its planning portal by [appropriate early termination date to be inserted] (or such later date as the parties may agree) the Landlord may terminate this Agreement by giving written notice to the Tenant but without prejudice to the rights and remedies of either Party in relation to any breach or non-performance of this Agreement by the other. [Note: This is an early termination date allowing the Landlord to bring this Agreement to an end speedily where no Planning Application has been validated by the Tenant within a suitable time frame (for example 6 months). The appropriate period will be scheme specific and will be decided by the Landlord on a case by case basis. This will be decided once the Tenant’s bid is accepted.]