Sublessee’s right to Terminate Sample Clauses

Sublessee’s right to Terminate. Notwithstanding anything in this Article 12 to the contrary, Sublessee may elect to terminate this Lease if:
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Sublessee’s right to Terminate. Sublessee shall have the same rights to terminate this Sublease as Sublessor would have under the Dominant Lease for Landlord's acts or omissions as are specified in the Dominant Lease or as otherwise provided to Sublessor by Law.
Sublessee’s right to Terminate. Subject to the later terms hereof, Sublessee shall have the right to terminate this Sublease following the destruction of the Premises (or damage to the Premises so extensive as to reasonably prevent Sublessee's use, occupancy and enjoyment of the Premises or the normal conduct of Sublessee's business therein) if any of the following occurs: (i) the Premises cannot, with reasonable diligence, be fully repaired by Sublessor within one hundred eighty (180) days after the date of such Casualty, as determined by Sublessor's Architect as set forth in Section 12.7; or (ii) the damage or destruction occurs during the last twelve (12) months of the Term and cannot, with reasonable diligence, be fully repaired by Sublessor within ninety (90) days after the date of such Casualty, as determined by Sublessor's Architect as set forth in Section 12.7. Notwithstanding the foregoing, Sublessee shall not have the right to terminate under this Section 12.3 if an Event of Default has occurred and is continuing at the time of such Casualty or at the time of exercising the right to terminate. If Sublessee elects to terminate this Sublease pursuant to this Section 12.3, Sublessee shall give Sublessor Notice of its election to terminate within ten (10) days after the later of the date of such damage or destruction or the date Sublessee receives notice from Sublessor's Architect as set forth in Section 12.7 that the Premises cannot be fully repaired within the time periods as set forth above, and this Sublease shall terminate upon Sublessor's receipt of such Notice (unless the Premises have become entirely or substantially entirely uninhabitable for the normal conduct of Sublessee's business therein, in which case this Sublease shall terminate upon the date of the Casualty.)
Sublessee’s right to Terminate. In the event of any damage to or destruction of the Premises, Sublessee shall have the independent right to terminate this Sublease if (i) the damage or destruction is so extensive as to substantially prevent the use and occupancy of the Premises for the purposes expressed herein and (ii) the Premises cannot, with reasonable diligence, be fully restored by the Master Landlord (or by Sublessor, if applicable) within one hundred twenty (120) days after the date of damage or destruction, as certified in writing by Sublessee’s architect, structural engineer or general contractor. If Sublessee elects to terminate this Sublease pursuant to this Section 11.2, Sublessee shall give Sublessor notice of its election to terminate and certification within thirty (30) days after the date of such damage or destruction, and this Sublease shall thereupon terminate thirty (30) days after the date Sublessee gives notice of its election. In the event of such termination, Sublessee shall not be entitled to any compensation or damages from Sublessor for loss of the use of the Premises, loss of Sublessee’s personal property, or other damage or inconvenience occasioned by damage or destruction of the Premises, including, but not limited to, general and consequential damages. Notwithstanding the foregoing, Sublessee shall not have the right to terminate under this Section 11.2 if the damage or destruction was caused, in whole or in part, by the act or omission of Sublessee or Sublessee’s agents, representatives or employees.

Related to Sublessee’s right to Terminate

  • 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:

  • 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:

  • 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).

  • Right to Terminate Notwithstanding anything to the contrary set forth in this Agreement, this Agreement may be terminated and the transactions contemplated herein abandoned at any time prior to the Closing:

  • Executive’s Right to Terminate Notwithstanding the provisions of paragraph 2.1, Executive shall have the right to terminate his employment under this Agreement for any of the following reasons:

  • Purchaser’s Right to Terminate Anything in any of the Transaction Documents to the contrary notwithstanding, each Purchaser has the right to demand and receive back from the Company such Purchaser’s Subscription Amount at any time until a Closing takes place in connection with such Subscription Amount. UNDER NO CIRCUMSTANCES WILL THE PURCHASER’S SUBSCRIPTION AMOUNT BE DELIVERED TO OR UNDER THE CONTROL OR AUTHORITY OF ANY PLACEMENT AGENT OR BROKER INCLUDING BUT NOT LIMITED TO PALLADIUM CAPITAL ADVISORS, LLC.

  • Company’s Right to Terminate Notwithstanding the provisions of Section 3.1, Company shall have the right to terminate Executive’s employment under this Agreement at any time for any of the following reasons:

  • Mortgagee's Right to Perform If Mortgagor fails to perform any of the covenants or agreements of Mortgagor contained herein, within the applicable grace period, if any, provided for in the Credit Agreement, Mortgagee, without waiving or releasing Mortgagor from any obligation or default under this Mortgage may, (but shall be under no obligation to) at any time upon delivery of written notice to Mortgagor pay or perform the same, and the amount or cost thereof, with interest at the Default Rate, shall be due on demand from Mortgagor to Mortgagee and the same shall be secured by this Mortgage and shall be a lien on the Mortgaged Property prior to any right, title to, interest in, or claim upon the Mortgaged Property attaching subsequent to the lien of this Mortgage. No payment or advance of money by Mortgagee under this Section shall be deemed or construed to cure Mortgagor’s default or waive any right or remedy of Mortgagee.

  • Employee’s Right to Terminate for Convenience In addition to Employee’s right to terminate Employee’s employment for Good Reason, Employee shall have the right to terminate Employee’s employment with the Company for convenience at any time and for any other reason, or no reason at all, upon thirty (30) days’ advance written notice to the Company; provided, however, that if Employee has provided notice to the Company of Employee’s termination of employment, the Company may determine, in its sole discretion, that such termination shall be effective on any date prior to the effective date of termination provided in such notice (and, if such earlier date is so required, then it shall not change the basis for Employee’s termination of employment nor be construed or interpreted as a termination of employment pursuant to Section 7(b)).

  • Reservation of Right to Terminate Relationship Nothing contained in this Agreement shall restrict the right of the Company to terminate the relationship of the Optionee at any time, with or without cause. The termination of the relationship of the Optionee by the Company, regardless of the reason therefor, shall have the results provided for in Sections 3 and 4 of this Agreement.

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