Tenant’s Right to Terminate Lease. If the Premises is damaged or destroyed to the extent that the Premises cannot be substantially repaired or restored by Landlord within three hundred sixty-five (365) days after the Casualty Discovery Date, Tenant may terminate this Lease immediately upon notice thereof to Landlord, which notice shall be given, if at all, not later than fifteen (15) days after Landlord notifies Tenant of Landlord's estimate of the period of time required to repair such damage or destruction.
Tenant’s Right to Terminate Lease. Notwithstanding anything to the contrary contained in Paragraph 9(b) above, if Landlord fails to deliver possession of the Premises to Tenant on or before November 1, 2000 for reasons other than Force Majeure Events and Tenant Delays (as such terms are hereinafter defined), then Tenant shall have the right, as its sole and absolute remedy for such failure, to terminate this Lease by written notice to Landlord given not later than November 5, 2000. If Tenant fails to deliver such notice to Landlord on or before such date, then this Lease shall remain in full force and effect and Tenant’s rights under this Paragraph 9(c) shall terminate. As used herein, “Force Majeure Events” means strikes, embargoes, governmental regulations, acts of God, war, civil commotion or other strife, and other events beyond the reasonable control of Landlord; and “Tenant Delays” means any delays caused by Tenant or Tenant’s Agents (as hereinafter defined).
Tenant’s Right to Terminate Lease. Provided that Tenant is not in Default under the Lease beyond any applicable notice and cure period when Tenant sends Landlord the Expansion Space Notice Request, defined in this Paragraph 16, Tenant may give Landlord written notice no earlier than June 1, 2016 and no later than January 31, 2017 requesting the right to Lease not more than 12,000 additional rentable square feet of’ Expansion Space in the Building through August 31, 2018 (the “Expansion Space Notice Request”). Within sixty (60) days after receipt of the Expansion Space Notice Request, Landlord shall either notify Tenant in writing that subject to reaching agreement on the Base Rent and other terms for the Expansion Space to be added to the Premises by an amendment to the Lease that Landlord can accommodate Tenant’s request for the Expansion Space, or Landlord shall notify Tenant in writing that Landlord cannot accommodate Tenant’s request for Expansion Space (“Landlord’s Declination Notice”). If Landlord gives Tenant Landlord’s Declination Notice then, within fifteen (15) business days after Tenant’s receipt of Landlord’s Declination Notice, Tenant shall have the right to give Landlord written notice terminating the Lease effective on August 31, 2017 (the “Lease Termination Notice”). If Tenant fails to timely deliver the Lease Termination Notice to Landlord, the Lease shall remain in full force and effect through the Expiration Date.
Tenant’s Right to Terminate Lease. If the Premises are not --------------------------------- restored within one hundred eighty (180) days after the date of damage or destruction, Tenant shall have the right to terminate this Lease.
Tenant’s Right to Terminate Lease. 43.01 Tenant shall have the option (hereinafter referred to as “Tenant’s Option to Terminate”) to terminate the Lease effective on the day which is the first anniversary of the Commencement Date by giving LANDLORD WRITTEN NOTICE, NO LATER THAN 60 DAYS before the expiration of the first (1st) anniversary year of the Commencement Date (“The Termination Notice Date”). If Tenant fails to EXERCISE this right ON OR BEFORE THE TERMINATION NOTICE DATE. Tenant’s Option to Terminate shall be null and void.
Tenant’s Right to Terminate Lease. Notwithstanding anything to the contrary in the Lease or this Work Agreement, if Landlord fails to Substantially Complete the Tenant Improvements by January 31, 2000, and such failure is attributable solely to acts within Landlord's reasonable control, Tenant may terminate this Lease upon ten (10) days' notice to Landlord given at any time after January 31, 2000 but before the Tenant Improvements are Substantially Completed. EXHIBIT C DECLARATION BY LANDLORD AND TENANT THIS DECLARATION is hereby attached to and made a part of the Lease dated ________, 1999 (the "Lease"), between ENTERPRISE CENTER LIMITED PARTNERSHIP NUMBER TWO, a Virginia limited partnership ("Landlord") and CROSXXXXX.XXX, XXC. a Delaware corporation ("Tenant"). All terms used in this Declaration have the same meaning as they have in the Lease.
1. Landlord and Tenant do hereby declare that possession of the Premises was accepted by Tenant on
2. As of the date hereof the Lease is in full force and effect, and Landlord has fulfilled all of its obligations under the Lease required to be fulfilled by Landlord on or prior to said date;
3. The Commencement Date is hereby established to be _______________; and
4. The Expiration Date is hereby established to be ________________, unless the Lease is sooner terminated pursuant to any provisions thereof. LANDLORD: ATTEST/WITNESS: ENTERPRISE CENTER LIMITED PARTNERSHIP NUMBER TWO, a Virginia limited partnership By: ELV/ENTERPRISE II, INC., a Delaware corporation, its general partner By: ------------------------- ------------------------------(Seal) Name: Scotx X. Xxxxxxx, Xxce President -------------------- TENANT: ATTEST/WITNESS: CROSXXXXX.XXX, XXC. By: ------------------------- --------------------------------(Seal) Name: Name: -------------------- -------------------------------------- Title: -------------------------------------- EXHIBIT D RULES AND REGULATIONS The following rules and regulations have been formulated for the safety and well-being of all the tenants of the Building and the Complex and become effective upon occupancy. Strict adherence to these rules and regulations is necessary, to guarantee that each and every tenant will enjoy a safe and unannoyed occupancy. Any repeated or continuing violation of these rules and regulations by Tenant after notice from Landlord, shall be sufficient cause for termination of this Lease at the option of Landlord. Landlord may, upon request by any tenant, waive the compliance by such tenant of any of t...
Tenant’s Right to Terminate Lease. Tenant shall have the right --------------------------------- to terminate this Lease if, and only if, Tenant fulfills all of the following conditions:
(a) Tenant sends or delivers to Landlord a written notice signed by Tenant exercising this right to terminate, and Landlord receives the notice no earlier than 30 months after the Lease Commencement Date and no later than 31 months after the Lease Commencement Date.
(b) No earlier than 42 months after the Lease Commencement Date and no later than 42 months and five calendar days after the Lease Commencement Date, (i) Tenant pays to Landlord, and Landlord receives from Tenant, the sum of $200,000, in the form of a cashier's check and (ii) Tenant vacates at least one-half of the Premises.
(c) Tenant vacates the remainder of the Premises no earlier than 48 months after the Lease Commencement Date and no later than 48 months and five calendar days after the Lease Commencement Date.
(d) When it vacates the Premises, Tenant is not in default of any provision of this Lease, including the payment of Rent. Upon the occurrence of the Commencement Date, the parties will execute and deliver a certificate in the form of Exhibit G attached hereto stating and acknowledging the specific dates described in the Section 3.1 above. Time is of the essence in the fulfillment of the foregoing conditions. If Tenant fails to fulfill any of the foregoing conditions, Tenant's right to terminate shall automatically and irrevocably cease. Except as set forth in this Section or as otherwise expressly provided in this Lease, Tenant shall have no right to terminate the Lease before the Lease Expiration Date.
Tenant’s Right to Terminate Lease. Tenant may elect to terminate this Lease upon written notice to Landlord in the event that Landlord fails to (1) cause the foundation for the Building to be constructed and installed on or before July 26, 1993, (2) cause the Building frame and roof to be constructed and
Tenant’s Right to Terminate Lease. (a) Subject to Paragraph 8.3(b) below, if for any reason Landlord fails to complete the milestones set forth below (each, a "MILESTONE") on or before the outside date for performance specified below (each, a "MILESTONE DATE"), then Tenant shall have the right, as its sole and exclusive remedy for such failure, to terminate this Lease by written notice given to Landlord on or before the tenth (10th) day after the applicable Milestone Date. In the event Tenant has the right and fails to deliver a termination notice to Landlord in a timely manner as provided herein, then Tenant shall be deemed to have waived its right to terminate this Lease with respect to the applicable Milestone and this Lease shall continue in full force and effect. The Milestones and Milestone Dates are as follows:
Tenant’s Right to Terminate Lease. 31 32 TENANT'S OPTION TO EXTEND TERM........................... 32 33
