Tenant's Right to Cancel Sample Clauses
The Tenant's Right to Cancel clause grants the tenant the ability to terminate the lease agreement under certain specified conditions. Typically, this clause outlines the process the tenant must follow to provide notice of cancellation, any required notice period, and whether any penalties or fees apply. For example, a tenant may be allowed to cancel the lease early due to job relocation or other significant life changes, provided they give 30 days' written notice and pay a set fee. The core function of this clause is to provide tenants with flexibility and a clear, fair process for ending their lease early, thereby reducing uncertainty and potential disputes.
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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. 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. 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 ▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇.
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 ▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇.
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. (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. If the Tenant wishes to vacate the Room before the end of the Term the Tenant is not released from its obligations under this Agreement by such vacating. The Tenant will only be released from its obligations upon the Landlord (at its absolute discretion) entering into a replacement tenancy of the Room to a new tenant absolutely acceptable to the Landlord and subject to the Landlord being paid an Early Termination Fee of £100.00 (to cover the Landlord’s or Management Company’s reasonable costs) by the Tenant being released. Any communication to this effect must be made in writing to the Management Company’s Head Office Address at ▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇.
Tenant's Right to Cancel. Tenant is hereby given the right to cancel this lease and to vacate the building on August 31, 2000 by giving the Landlord prior written notice by certified or registered mail or overnight delivery service not later than August 31, 1999 and paying to Landlord, simultaneously with the giving of such notice, the sum of $275,000 and an additional payment of $275,000 on or before July 15, 2000.
Tenant's Right to Cancel. If the Premises shall be totally damaged or rendered wholly untenantable by fire or other casualty, and either of the following (a) or (b) occurs: (a) Landlord has not commenced the making of the required repairs within ninety (90) days after the date on which Landlord shall have obtained all required governmental permits and approvals in connection with such repairs and restoration and all insurance proceeds with respect to any such event; or (b) Landlord has not completed the making of the required repairs and substantially restored and rebuilt the Premises and/or access thereto within nine (9) months from the date of such damage or destruction, and such additional time after such date (but in no event to exceed three months), as shall be equal to the aggregate period Landlord may have been delayed in doing so by unavoidable delays (as set forth in Article 25 hereof), including without limitation the period of delay in connection with obtaining all required governmental permits and approvals or adjustment of insurance, then Tenant, in either such event, may serve notice on Landlord of its intention to terminate this Lease, and, if within thirty (30) days thereafter Landlord shall not have completed the making of the required repairs and substantially restored and rebuilt the Premises, this Lease shall terminate on the expiration of such thirty (30) days period as if such termination date were the Expiration Date. Subject to Section 17.03, Landlord shall diligently proceed to obtain all such permits, approvals and insurance proceeds.
