Common use of Tenant’s Option to Terminate Clause in Contracts

Tenant’s Option to Terminate. If the Repair Period Notice provided by Landlord indicates that the anticipated period for repairing the Casualty exceeds two-hundred and seventy (270) days, Tenant may elect to terminate this Lease by providing written notice ("Tenant's Termination Notice") to Landlord within thirty (30) days after receiving the Repair Period Notice. If Tenant does not elect to terminate within this thirty-day (30-day) period, Tenant shall be considered to have waived the option to terminate.

Appears in 2 contracts

Samples: Office Lease (National Insurance Group /Ca/), Office Lease (National Information Group)

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Tenant’s Option to Terminate. If the Repair Period Notice provided by Landlord indicates that the anticipated period for repairing the Casualty exceeds two-hundred and seventy (270) days, Tenant may elect to terminate this Lease by providing written notice ("Tenant's ’s Termination Notice") to Landlord within thirty ten (3010) days after receiving the Repair Period Notice. If Tenant does not elect to terminate within this thirtyten-day (3010-day) period, Tenant shall be considered to have waived the option to terminate.

Appears in 1 contract

Samples: Office Lease (Inpixon)

Tenant’s Option to Terminate. If the Repair Period Notice provided by Landlord indicates that the anticipated period for repairing the Casualty exceeds two-one hundred and seventy eighty (270180) days, Tenant may elect to terminate this Lease by providing written notice ("Tenant's Termination Notice") to Landlord within thirty ten (3010) days after receiving the Repair Period Notice. If Tenant does not elect to terminate within this thirty-ten (10) day (30-day) period, Tenant shall be considered to have waived the option to terminate.

Appears in 1 contract

Samples: Office Lease (Collateral Therapeutics Inc)

Tenant’s Option to Terminate. If the Repair Period Notice provided by Landlord indicates that the anticipated period for repairing the Casualty exceeds two-hundred and seventy (270) days, Tenant may elect to terminate this Lease by providing written notice ("Tenant's Termination Notice") to Landlord within thirty ten (3010) days after receiving the Repair Period Notice. If Tenant does not elect to terminate within this thirtyten-day (3010-day) period, Tenant shall be considered to have waived the option to terminate.

Appears in 1 contract

Samples: Office Lease (Quokka Sports Inc)

Tenant’s Option to Terminate. If the Repair Period Notice provided by Landlord indicates that the anticipated period for repairing the Casualty exceeds two-two hundred and seventy ten (270210) days, Tenant may elect to terminate this Lease by providing written notice ("Tenant's Termination Notice") to Landlord within thirty ten (3010) days after receiving the Repair Period Notice. If Tenant does not elect to terminate within this thirtyten-day (30-10 day) period, Tenant shall be considered to have waived the option to terminate.

Appears in 1 contract

Samples: Office Lease (Cayenta Inc)

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Tenant’s Option to Terminate. If the Repair Period Notice provided by Landlord indicates that the anticipated period for repairing the Casualty exceeds two-two hundred and seventy (270) days, Tenant may elect to terminate this Lease by providing written notice ("Tenant's Termination Notice") to Landlord within thirty ten (3010) days after receiving the Repair Period Notice. If Tenant does not elect to terminate within this thirty-ten day (30-10 day) period, Tenant shall be considered to have waived the option to terminate.. *SEE ADDENDUM

Appears in 1 contract

Samples: Office Lease (Acc Consumer Finance Corp)

Tenant’s Option to Terminate. If the Repair Period Notice provided by Landlord indicates that the anticipated period for repairing the Casualty exceeds two-two hundred and seventy ten (270210) days, Tenant may elect to terminate this Lease by providing written notice ("Tenant's ’s Termination Notice") to Landlord within thirty ten (3010) days after receiving the Repair Period Notice. If Tenant does not elect to terminate within this thirty-ten (10) day (30-day) period, Tenant shall be considered to have waived the option to terminate.

Appears in 1 contract

Samples: Sublease (Zogenix Inc)

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