Common use of Tenant Termination Clause in Contracts

Tenant Termination. Tenant shall have the right to terminate this Agreement, without paying any fee or penalty, when and if one of the following events occur (hereinafter collectively referred to as “Management Company Default”), after which Tenant shall have the right – but not the obligation – to declare a termination of this Agreement in accordance with the termination protocols set forth below:

Appears in 9 contracts

Samples: Management Services Agreement (CNL Healthcare Properties, Inc.), Management Services Agreement (CNL Healthcare Properties, Inc.), Management Services Agreement (CNL Healthcare Properties, Inc.)

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Tenant Termination. Tenant shall have the right to terminate this Agreement, without paying any termination fee or penalty, when and if one of the following events occur (hereinafter collectively referred to as “Management Company Default”), after which Tenant shall have the right – right, but not the obligation – obligation, to declare a termination of this Agreement in accordance with the termination protocols set forth below:

Appears in 3 contracts

Samples: Management Services Agreement (CNL Healthcare Properties, Inc.), Management Services Agreement (CNL Healthcare Properties, Inc.), Management Services Agreement (CNL Healthcare Properties, Inc.)

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Tenant Termination. Tenant shall have the right to terminate this Agreement, without paying any fee or penalty, when and if one or more of the following events occur (hereinafter collectively referred to as “Management Company Default”), after which Tenant shall have the right – right, but not the obligation – obligation, to declare a termination of this Agreement in accordance with the termination protocols set forth below:

Appears in 2 contracts

Samples: Management Services Agreement (CNL Healthcare Properties II, Inc.), Management Services Agreement (CNL Healthcare Properties II, Inc.)

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