Common use of Tenant’s Termination Rights Clause in Contracts

Tenant’s Termination Rights. If Landlord elects to repair, reconstruct and restore pursuant to Subparagraph 20(b)(i) hereinabove, and if Landlord's contractor estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three hundred sixty-five (365) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore.

Appears in 5 contracts

Samples: Office Building Lease (Supergen Inc), Lease Agreement (Illumina Inc), Office Building Lease (Virtual Mortgage Network Inc)

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Tenant’s Termination Rights. If Landlord elects to repair, reconstruct and restore pursuant to Subparagraph 20(b)(isubparagraph 17.2 (i) hereinabove, and if Landlord's contractor estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three hundred sixty-five (365) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore.

Appears in 1 contract

Samples: Single Tenant Lease (Illumina Inc)

Tenant’s Termination Rights. If Landlord elects to repair, reconstruct and restore pursuant to Subparagraph subparagraph 20(b)(i) hereinabove, and if Landlord's contractor estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three two hundred sixty-five seventy (365270) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore.

Appears in 1 contract

Samples: Office Building Lease (Ryland Group Inc)

Tenant’s Termination Rights. If Landlord elects to repair, reconstruct and restore pursuant to Subparagraph 20(b)(i) hereinabove, and if Landlord's contractor estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three two hundred sixtytwenty-five (365225) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore.

Appears in 1 contract

Samples: Office Building Lease (California First National Bancorp)

Tenant’s Termination Rights. If Landlord elects to repair, --------------------------- reconstruct and restore pursuant to Subparagraph Subsection 20(b)(i) hereinabove), and if Landlord's contractor estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three one hundred sixty-five eighty (365180) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore. Said termination shall be effective as of the date of substantial destruction.

Appears in 1 contract

Samples: Sublease Agreement (Auto by Tel Corp)

Tenant’s Termination Rights. If Landlord elects to repair, reconstruct and restore pursuant to Subparagraph 20(b)(i) hereinaboveabove, and if Landlord's contractor estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three hundred sixty-five (365300) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore.

Appears in 1 contract

Samples: Office Building Lease (Interplay Entertainment Corp)

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Tenant’s Termination Rights. If Landlord elects to repair, reconstruct and restore pursuant to Subparagraph 20(b)(i15(b)(i) hereinabove, and if Landlord's contractor estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three two hundred sixty-five ten (365210) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore.

Appears in 1 contract

Samples: Real Estate Lease (General Devices Inc)

Tenant’s Termination Rights. If Landlord elects to repair, reconstruct and restore pursuant to Subparagraph 20(b)(i) hereinabove, and if Landlord's contractor reasonable estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three one hundred sixty-five twenty (365120) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore.

Appears in 1 contract

Samples: Office Building Lease (Alliance Bancshares California)

Tenant’s Termination Rights. If Landlord elects to repair, reconstruct and restore pursuant to Subparagraph 20(b)(i) hereinabove, and if Landlord's ’s contractor estimates that as a result of such damage, Tenant cannot be given reasonable use of and access to the Premises within three two hundred sixty-five forty (365240) days after the date of such damage, then Tenant may terminate this Lease effective upon delivery of written notice to Landlord within ten (10) days after Landlord delivers notice to Tenant of its election to so repair, reconstruct or restore.

Appears in 1 contract

Samples: Office Building Lease (Monolithic System Technology Inc)

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