Common use of Tenant’s Termination of Lease Clause in Contracts

Tenant’s Termination of Lease. 17.1 If the Tenant does not wish to renew the tenancy of the Site for the following Term, the Tenant shall notify the Landlord no later 30 days before the Termination Date. In such event, the Tenant must remove the Tenant Chattels from the Site by no later than the Termination Date. Until the Termination Date, and subject to the written approval of the Landlord, Tenant Improvements may be sold by the Tenant to a new Tenant acceptable to the Landlord in its sole unfettered discretion. It is the current Tenant’s sole responsibility to provide the new Tenant’s contact information (name(s), address, email address and phone number(s)) to the Landlord. If the Landlord does not provide such approval, then the Tenant must remove the Tenant Improvements and the Site must be restored by the Tenant to its natural ground state. Up to the Termination Date, the Landlord may provide contact information for the Tenant to any parties interested in acquiring the Tenant Improvements. Any Tenant’s Improvements and Tenant Chattels not sold or removed by the Termination Date shall be deemed abandoned by the Tenant and shall become the property of the Landlord without any claim thereon by the Tenant and the Tenant agrees that it shall take all necessary steps to legally transfer ownership of the Tenant Chattels to the Landlord.

Tenant’s Termination of Lease. 17.1 If the Tenant does not wish to renew the tenancy of the Site for the following Term, the Tenant shall notify the Landlord of that no later 30 days before than March 1 preceding the Termination Date. In such event, event the Tenant must remove the Tenant Chattels from the Site by no later than the Termination DateDate (March 31). Until the Termination Date, and subject to the written approval of the Landlord, Tenant Improvements may be sold by the Tenant to a new Tenant acceptable to the Landlord in its sole unfettered discretion. It is the current Tenant’s sole responsibility to provide the new Tenant’s contact information (name(s), address, email address and phone number(s)) to the Landlord. If the Landlord does not provide such approval, approval then the Tenant must remove the Tenant Improvements and the Site must be restored by the Tenant to its natural ground state. Up to the Termination Date, the Landlord may provide contact information for the Tenant to any parties interested in acquiring the Tenant Improvements. Any Tenant’s Improvements and Tenant Chattels not sold or removed by the Termination Date shall be deemed abandoned by the Tenant and shall become the property of the Landlord without any claim thereon by the Tenant and the Tenant agrees that it shall take all necessary steps to legally transfer ownership of the Tenant Chattels to the Landlord.

Tenant’s Termination of Lease. 17.1 If the Tenant does not wish to renew the tenancy of the Site for the following Term, the Tenant shall notify the Landlord of that no later 30 days before than March 1 preceding the Termination Date. In such event, event the Tenant must remove the Tenant Chattels from the Site by no later than the Termination DateDate (March 31). Until the Termination Date, and subject to the written approval of the Landlord, Tenant Improvements may be sold by the Tenant to a new Tenant acceptable to the Landlord in its sole unfettered discretion. It is the current Tenant’s sole responsibility to provide the new Tenant’s contact information (name(s), address, email address and phone number(s)) to the Landlord. If the Landlord does not provide such approval, then the Tenant must remove the Tenant Improvements and the Site must be restored by the Tenant to its natural ground state. Up to the Termination Date, the Landlord may provide contact information for the Tenant to any parties interested in acquiring the Tenant Improvements. Any Tenant’s Improvements and Tenant Chattels not sold or removed by the Termination Date shall be deemed abandoned by the Tenant and shall become the property of the Landlord without any claim thereon by the Tenant and the Tenant agrees that it shall take all necessary steps to legally transfer ownership of the Tenant Chattels to the Landlord.