Common use of Tenant Termination Clause in Contracts

Tenant Termination. Provided no Event of Default shall exist on the fourth anniversary of the Commencement Date, Tenant shall have the right to elect to terminate this Lease. Such election, if made by Tenant, shall be delivered to Landlord in writing prior to the fourth anniversary of the Commencement Date and shall be effective on the fifth anniversary of the Commencement Date. Such election, once made by Tenant by delivery of notice, as aforesaid, shall be irrevocable. If such election is not, or may not be, made, as aforesaid, Tenant shall have no further rights under this Section.