Common use of Right to Cancel Lease Clause in Contracts

Right to Cancel Lease. Subject to Paragraph 7 hereof, Landlord reserves in all respects the right to cancel or terminate the Lease, for nonpayment of rent or otherwise, whether or not Agent is in possession of the Premises.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Horizon Lines, Inc.), Security and Pledge Agreement (Horizon Lines, Inc.), Security and Pledge Agreement (Horizon Lines, Inc.)

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Right to Cancel Lease. Subject to Paragraph 7 hereof, the Landlord reserves in all respects the right to cancel or terminate the Lease, for nonpayment of rent or otherwise, whether or not Agent the Lender is in possession of the Premises.

Appears in 1 contract

Samples: Office Lease (Cost U Less Inc)

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