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 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 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. 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
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. Tenant shall have the right, upon written notice to Landlord (the "Termination Notice"), to terminate the leasing of all or any part of the Demised Premises without penalty, effective as of June 15, 2007 and/or June 15, 2012. Any such Termination Notice shall be given to Landlord not less than nine months prior to the date upon which such termination is to be effective and shall, notwithstanding the foregoing, be for not less than all of the space leased by Tenant on the floor(s) on which Tenant desires to exercise such right to cancel, provided that in the event Tenant desires to terminate its leasing of space which is separate from and not contiguous with other space on the same floor, Tenant may do so, provided it terminates all contiguous space.
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.
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.
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.
