Right of Tenant to Terminate Sample Clauses

Right of Tenant to Terminate. If it is determined in good faith by Tenant that the development of the Premises as provided in this Lease is not feasible or that environmental considerations make it undesirable to proceed, Tenant may terminate this Lease effective upon written notice to Landlord given as soon as reasonably feasible after such determination but in no event less than ninety (90) days prior to the Predevelopment Period Expiration Date. In the event Tenant so elects to terminate this Lease, Tenant shall to the extent requested by Landlord in writing cause the following documents to be executed and acknowledged (as appropriate), and delivered to Landlord as of the date of termination (in addition to the documents described in Section 5.5): (i) an assignment and assumption agreement with respect to any or all Master Developer Subleases and any or all ENAs, Development Agreements and other contracts Tenant has entered into with such Master Developer (whereby Tenant assigns its rights under such contracts to Landlord and Landlord assumes Tenant’s obligations under such contracts after the effective date of such assignment and assumption agreement for the benefit of both the counterparty and Tenant); (ii) an assignment and assumption agreement with respect to any or all Undeveloped Area Subleases and Residential Facility Subleases and any or all other contracts Tenant has entered into with the Sublessee under any such Sublease (whereby Tenant assigns its rights under such contracts to Landlord and Landlord assumes Tenant’s obligations under such contracts after the effective date of such assignment and assumption agreement for the benefit of both the counterparty and Tenant); and (iii) an assignment with respect to Xxxxxx’s right, title and interest to and in all designs and other work product associated with development of the Premises (whereby Tenant assigns its rights under such designs and other work product to Landlord). Landlord shall execute and acknowledge (as appropriate) such of the foregoing documents as require Xxxxxxxx’s execution thereof, and deliver the same to Tenant.
Sample 1
AutoNDA by SimpleDocs

Related to Right of Tenant to Terminate

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

  • Our Right to Terminate We may terminate this Client Agreement and close your Account and any Position at any time by giving you thirty (30) days’ written notice. This right is in addition to any other rights to terminate this Client Agreement or close your Account that we may have under this Client Agreement.

  • Termination of Tenancy Any termination of the lease must also comply with all applicable state or local laws, ordinances, regulations, or similar requirements, including as may be applicable emergency orders restricting evictions during declared emergencies or disasters; and Owner/Representative Initials: Tenant Initials:

  • Termination by Tenant In the event that the destruction to the Premises cannot be restored as required herein under applicable laws and regulations within two hundred seventy (270) days of the damage or casualty, notwithstanding the availability of insurance proceeds, Tenant shall have the right to terminate this Lease by giving the Landlord notice thereof within thirty (30) days of date of the occurrence of such casualty specifying the date of termination which shall not be less than thirty (30) days nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent, reduced by any proportionate reduction in Rent as provided for in Section 18.1 above, shall be paid to the date of such termination.

  • Effect of Breach and Right to Terminate Lease A breach of this Lease Addendum shall give each party all the rights contained herein, as well as the rights in the Lease. A material breach of this Addendum shall be a material breach of the lease and grounds for immediate termination of the Lease by the Landlord.

  • TERMINATION BY LANDLORD If the Resident fails to adhere to the Community Standards and House Rules, or fails to perform and observe any of the terms or conditions of this Residence Agreement, the Landlord, at its option and in its sole discretion, may terminate the Term created by this Residence Agreement upon giving the Resident written notice of the Landlord’s intention to do so, to take effect within no less than forty-eight (48) hours from receipt of a Notice to Vacate from the Landlord. Notwithstanding the foregoing, a Resident may be immediately evicted from the Premises and Residence for reasons including but not limited to assault of any kind, any offence resulting in a criminal charge, any destruction of property, or if the Resident is deemed a safety concern for the community. The Resident is liable to pay all legal costs incurred by the Landlord in enforcing the provisions of this Residence Agreement including obtaining possession of the Premises.

  • Option to Terminate The Client and Contractor shall: (check one) ☐ - Have the option to terminate this Agreement at any time by providing days’ written notice. ☐ - Not have the option to terminate this Agreement unless there is reasonable cause, as defined in Section VII.

  • Your Right to Terminate You may also terminate this Client Agreement or close your Account at any time by giving us written notice. Your Account will be closed as soon as reasonably practicable after we have received notice, all open Contracts are closed, Orders are cancelled, and all of your obligations are discharged.

  • Contractor’s Right to Terminate for Cause Contractor may terminate this Contract immediately upon written notice to Agency, or at such later date as Contractor may establish in such notice, if Agency is in default under Section 14.4.

  • Notice of Intention to Terminate 94) The Secretary of State may at any time give written notice of his intention to terminate this Agreement where the Chief Inspector gives notice to the Academy Trust in accordance with section 13(3) of the Education Xxx 0000 stating that in the Chief Inspector’s opinion –

Time is Money Join Law Insider Premium to draft better contracts faster.