Tenant's Right to Cancel. At any time during the term hereof, Tenant, upon at least six (6) months prior written notice to Landlord, may elect to cancel and terminate this Lease and the term and estate hereby granted as of the date set forth in said notice by Tenant to Landlord (hereinafter referred to as the "Termination Date"). In the event (a) Tenant shall vacate and surrender the premises on or before the Termination Date and Tenant shall not otherwise be in default of any of the covenants, agreements, terms, provisions and conditions of this Lease on its part to be kept, observed and performed hereunder and (b) Landlord shall have re-let the premise for a term commencing on the date immediately following the Termination Date, Landlord shall return to Tenant the $ referred to in Article 1 hereof; provided, however, if, on the Termination Date, Landlord shall not have re-let the premises, Landlord shall be entitled to retain said $ until such time as Landlord shall have re-let the premises and at the time of such re-letting, Landlord shall only be obligated to return to Tenant an amount equal to $ less $ for each calendar month or part thereof occurring immediately after the expiration of the Termination Date during which Landlord did not re-let the premises.
Tenant's Right to Cancel. Once this Agreement is signed, the Tenant will not have the right, for whatever reason, to cancel the Tenancy. The Landlord or Management Company will consider releasing the Tenant from this obligation if a suitable replacement is found who would commit to an Assured Shorthold Tenancy Agreement on the Room under the same terms. Any communication to this effect must be made in writing to the Management Company’s Head Office Address at 00 Xxxxxx Xxxx Xxxxxxxxx XX0 0XX.
Tenant's Right to Cancel. If the Tenant wishes to cancel this Agreement prior to the Termination Date, in terms of his right to do so as granted by the Consumer Protection Act, the Tenant shall give the Landlord at least 20 (twenty) Business Days written notice of Should any dispute arise as a result of this Agreement the Parties agree to the jurisdiction of the Stellenbosch Magistrate’s Court.
Tenant's Right to Cancel. At any time during the term hereof, Tenant, upon at least six
Tenant's Right to Cancel. If the Tenant wishes to cancel this Agreement prior to the Termination Date, in terms of his right to do so as granted by the Consumer Protection Act, the Tenant shall give the Landlord at least 20 (twenty) Business Days written notice of its intention to do so. In the event of such a requested cancellation, the Tenant will remain liable for the Rental Amount together with any other amounts due to the Landlord up to the cancellation date, plus a reasonable cancellation penalty based on, amongst other factors, the Rental Amount payable, the remaining duration of the Agreement and the prospect for re-letting. The Parties agree that if a suitable replacement tenant is not procured to replace the tenant prior to the cancellation date, the Landlord shall be entitled to charge a minimum cancellation penalty equal to 3 (three) months’ rent plus an administration fee of R1,000. Should any dispute arise as a result of this Agreement the Parties agree to the jurisdiction of the Stellenbosch Magistrate’s Court.
Tenant's Right to Cancel. Once an agreement is signed, the Tenant will not have the right, for whatever reason, to cancel the Tenancy together with the associated costs and obligations. CityBlock would consider releasing the Tenant from this obligation if a suitable replacement is found who would commit to an Assured Shorthold Tenancy Agreement on the Room under the same terms. Any communication to this effect must be made in writing to our Head Office Address at 00 Xxxxxx Xxxx Xxxxxxxxx XX0 0XX.
Tenant's Right to Cancel. (a) Notwithstanding anything to the contrary herein, Tenant shall have the right and option to cancel this lease, subject to the conditions described below in paragraph 70(b) provided that the Tenant shall serve a written notice to such effect upon Landlord by certified mail, return receipt requested not less than sixty (60) days before the proposed date of cancellation ("Effective Date"). If Tenant shall exercise such option, this lease and the term hereof shall expire and terminate on such Effective Date with the same effect as if that were the date originally set forth herein for the expiration of the term hereof, and Tenant shall vacate and surrender the demised premises to Landlord, in the manner and condition required by this lease, on or before such date as if such date were the date originally set forth herein for the expiration of the term hereof.
(b) The above described right of cancellation shall be effective and binding on Landlord if and only if:
(i) such notice is sent by the Tenant named herein, such right being personal to such Tenant and not transferable to any assignee or subtenant.
(ii) Tenant shall not be in default under any of the terms, covenants, conditions, and provisions of this lease at the time of any such notice or on the Effective Date, beyond applicable notice and grace period, if any.
(iii) Tenant shall remit to Landlord, simultaneous with its delivery of the aforesaid notice, a lump sum payment equal to all Rent and Additional Rent due under the Lease through the expiration of the Term and Tenant shall thereafter remit to Landlord, on an as accrued basis, all real estate taxes and insurance premiums relating to the demised premises during the remainder of the Term provided Landlord continues to own the premises. Except as provided in this paragraph 70 and in paragraph 64(c), if applicable, following the Effective Date, Tenant shall have no other or further obligations with respect to the Lease or the demised premises.
(c) If and only if, Landlord lets the Premises to another tenant for all or a portion of the remaining Term of this Lease, and provided Tenant has remitted to Landlord all of the sums required under the terms of this paragraph "70", then within thirty (30) days of the end of this Lease (without taking into consideration, for purposes of setting this date, Tenants prior cancellation) Landlord shall remit to Tenant, after deducting all "reletting" expenses, the aggregate amount of any base rent and additional re...
Tenant's Right to Cancel. A tenant will be entitled to exit from this lease if:
18.3.1. The tenant has given the landlord not less than 1 (one) calendar month’s written notice of termination of the lease and has found a replacement tenant (to the reasonable satisfaction of the landlord) which replacement tenant has signed a lease with the landlord in respect of the unit, provided further that the rentals of the tenant exiting from the lease are fully paid up, up to and including the date of termination of the lease as well as any other amount which may be due by the tenant. Under the said circumstances the exiting tenant will forfeit his deposit. The tenant’s right so to exit from the lease without prejudice to the landlord’s claim for any damages done to the premises.
18.3.2. The tenant has given 1 (one calendar month’s written notice of termination of the lease to the landlord and such period coincides with the end of a semester. Notwithstanding, the deposit will be forfeit. The tenant’s rights so to exit from the lease will be without prejudice to the landlord’s claim for any damages done to the prem- ises.
Tenant's Right to Cancel. ADJACENT LEASES............................. 20 Condemnation......................................................... 20
Tenant's Right to Cancel. If Landlord has not delivered possession of substantially all the Premises to Tenant by February 28, 1993, Tenant may at any time thereafter until such possession is delivered send Landlord notice of Tenant's intent to cancel this Lease (the "Termination Intent Notice"). If Landlord has not delivered possession as aforesaid within ten (10) days after receiving the Termination Intent Notice, Tenant may at any time thereafter until such possession is delivered elect to terminate this Lease by notice to Landlord so stating (the "Termination Notice"). Such termination shall be effective on the later of 1) the date stated in the Termination Notice or 2) the date Tenant vacates all the portions of the Premises accepted by Tenant, but such termination shall not be effective unless Tenant so vacates within ten (10) days of the Termination Notice.
