Right of Landlord to Terminate Sample Clauses

Right of Landlord to Terminate. If Tenant fails to achieve or satisfy any of the milestones specified in Section 4.1(b) as of the date required for achievement or satisfaction under Section 4.1(b), then Landlord may thereafter provide written notice of such failure to Tenant describing the milestone which Tenant so failed to achieve or satisfy. If Tenant fails to satisfy or achieve such milestone within one hundred twenty (120) days following receipt of such notice from Landlord, Landlord may terminate this Lease by written notice to Tenant given following such one hundred twenty (120) day period but before the date such milestone is achieved or satisfied. The foregoing notwithstanding, for purposes of this Section 5.1, none of the dates set forth in Section 4.1(b) for achievement of satisfaction of the specific milestones described therein, nor the Predevelopment Period Expiration Date, shall be postponed or extended by any Delay.
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Right of Landlord to Terminate. 12.01 If during the term of this lease or any renewal thereof the Landlord elects to completely demolish the building or to take down the building for the purpose of rebuilding the Landlord and Tenant hereby agree that the Landlord shall have the right, notwithstanding anything herein contained, to terminate this lease by giving notice in writing to the Tenant as provided for in paragraph 20. The Tenant hereby agrees to vacate the Demised Premises within one hundred and eighty (180) days after receipt of the said notice, and the Landlord hereby agrees that Minimum Rent payable for the Demised Premises after the said notice has been given shall be reduced by fifty percent (50%)
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Right of Landlord to Terminate. In addition to its other rights under this Lease, and without in any way limiting such rights, upon receipt of any notice of a Transfer, or upon any such Transfer without the Landlord's consent, the Landlord may terminate this Lease. The Landlord may exercise its right to terminate this Lease upon sixty (60) days prior written notice after receipt of the notice required by Section 8.2 or at any time after a Transfer which is made without such notice. The foregoing provisions of this Section 8.4 do not apply to any Transfer for which this Lease provides that no consent of the Landlord is necessary.
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Right of Landlord to Terminate. 8.4 Notwithstanding anything to the contrary herein contained, upon the Landlord receiving a request from the Tenant to consent to a Transfer, the Landlord shall have the right to terminate this Lease with respect to the portion of the Demised Premises which is the subject of the Transfer, such right to be exercised by written notice within 15 days of the Landlord receiving all of the information required pursuant to paragraph 8.1. Should the Landlord exercise its right of termination as aforesaid, the Tenant shall have a further period of 15 days from receipt of the Landlord's notice to withdraw its request for consent to the Transfer, failing which this Lease shall terminate with respect to the portion of the Demised Premises which is the subject of the Transfer as of the date set out in the Landlord's notice of termination (which shall be not less than 30 nor more than 60 days from the date of such notice), and the Tenant shall pay Rent to the date of termination for such portion of the Demised Premises, following which this Lease shall cease with respect to such portion and all obligations hereunder (save such as have arisen prior to the date of termination) shall cease.
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Related to Right of Landlord to Terminate

  • RIGHT OF LANDLORD TO PERFORM All covenants and agreements to be performed by Tenant under any of the terms of this Lease shall be performed by Tenant at Tenant's sole cost and expense and without any abatement of rent. If Tenant shall fail to pay any sum of money, other than rent, required to be paid by it hereunder or shall fail to perform any other act on its part to be performed hereunder, and such failure shall continue beyond any applicable cure period set forth in this Lease, Landlord may, but shall not be obligated to, without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such other act on Tenant's part to be made or performed as is in this Lease provided. All sums so paid by Landlord and all reasonable incidental costs, together with interest thereon at the rate of ten percent (10%) per annum from the date of such payment by Landlord, shall be payable to Landlord on demand and Tenant covenants to pay any such sums, and Landlord shall have (in addition to any other right or remedy of Landlord) the same rights and remedies in the event of the nonpayment thereof by Tenant as in the case of default by Tenant in the payment of the rent.

  • Landlord’s Right to Terminate Landlord shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Tenant of a written notice of election to terminate within thirty days after the date of such damage or destruction:

  • Tenant’s Right to Terminate If the Leased Premises, the Building or the Outside Area are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to this Article, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be complete. Tenant shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

  • Liability of Landlord 29.1 It is expressly understood and agreed that the obligations of Landlord under this Lease shall be binding upon Landlord and its successors and assigns and any future owner of the Project only with respect to events occurring during its and their respective ownership of the Project. In addition, Tenant agrees to look solely to Landlord’s interest in the Project for recovery of any judgment against Landlord arising in connection with this Lease, it being agreed that neither Landlord nor any successor or assign of Landlord nor any future owner of the Project, nor any partner, shareholder, member, or officer of any of the foregoing shall ever be personally liable for any such judgment. The limitations of liability contained in this Section 29.1 shall inure to the benefit of Landlord’s and the Landlord Parties’ present and future partners, beneficiaries, officers, directors, trustees, shareholders, agents and employees, and their respective partners, heirs, successors and assigns. Under no circumstances shall any present or future partner of Landlord (if Landlord is a partnership), or trustee or beneficiary (if Landlord or any partner of Landlord is a trust), have any liability for the performance of Landlord’s obligations under this Lease. Notwithstanding any contrary provision herein, neither Landlord nor the Landlord Parties shall be liable under any circumstances for any indirect or consequential damages or any injury or damage to, or interference with, Tenant’s business, including but not limited to, loss of profits, loss of rents or other revenues, loss of business opportunity, loss of goodwill or loss of use, in each case, however occurring.

  • LANDLORD'S RIGHT OF ACCESS Landlord shall have the right with reasonable prior notice to Tenant and at times reasonably convenient to Landlord and Tenant, and accompanied by a representative of Tenant to make access available to prospective or existing mortgagees or purchasers of any part of the Shopping Center or to inspect the Premises to determine if repairs are required. If repairs are required to be made by Tenant pursuant to the terms hereof, Landlord may by notice demand that Tenant make the same forthwith, and if Tenant refuses or neglects to commence such repairs and complete the same with reasonable dispatch, after such demand, Landlord may (but shall not be required to do so) make or cause such repairs to be made (at such times and in such manner as to minimize any interference with Tenant's business operations in the Premises), and the Landlord shall not be responsible for any loss or damage to Tenant's business by reason thereof except if such loss or damage arises out of the negligence of Landlord as provided herein. If Landlord makes or causes such repairs to be made, Tenant agrees that it will forthwith, on demand, pay to Landlord the reasonable cost thereof, and if it shall default in such payment, Landlord shall have the remedies provided for the non-payment of rent or other charges payable hereunder. Likewise, if any repairs are required to be made by Landlord under the terms of this Lease, and it fails or refuses to make such repairs, within a reasonable time after notice from Tenant of the need for such repairs, then Tenant shall have the right to make such required repairs in which event Landlord agrees that it will on demand pay to the Tenant the cost thereof. In the event of an emergency where something is required to be done forthwith in order to avoid damage, either party shall have the foregoing right of self-help without the requirement of formal notice; however, this emergency right as well as the foregoing right of self-help shall be carefully and judiciously exercised by either party, it being understood and agreed that wherever possible, the party initially responsible for taking such action should be given sufficient opportunity so to do in order to avoid any conflict with respect to whether or not self-help should have been invoked or with respect to the reasonableness of the expenses thus incurred.

  • Termination by Lessor Lessor may terminate the lease at any time if any of the following shall happen:

  • NON-LIABILITY OF LANDLORD Except in the event of negligence of Landlord, its agents, employees or contractors, Landlord shall not be liable for any loss or damage for failure to furnish heat, air conditioning, electricity, elevator service, water, sprinkler system or janitorial service. Landlord shall not be liable for personal injury, death or any damage from any cause about the Premises or the Building except if caused by Landlord's gross negligence.

  • Licensee’s Right to Terminate Licensee may, at its option, without prejudice to any other remedies it may have, terminate this agreement by giving written notice of such termination to Licensor as follows: (a) immediately, in the event that Licensor abandons the Licensed Marks or otherwise ceases to support the Licensed Marks in Licensor's business; or (b) immediately in the event of the occurrence of a Bankruptcy with respect to Licensor; or (c) immediately in the event of an occurrence of termination pursuant to Section 13.2(d).

  • Release of Landlord If, during the term of this Lease, Landlord shall sell its interest in the Building or Complex of which the Leased Premises form a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease, except those already accrued.

  • Right to Terminate Either Party may unilaterally terminate this Annex by providing thirty (30) calendar days written notice to the other Party.

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