Terminate this Lease Clause Samples
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Terminate this Lease. If Landlord terminates this Lease and thereafter restores the damage, tenant shall have the right to reinstate the Lease on its then existing terms for a minimum of a one year term. If Landlord does not give Tenant notice in writing within thirty (30) days from the destruction of the Premises of its election to either rebuild and restore them, or to terminate this Lease, Landlord shall be deemed to have elected to rebuild or restore them, in which event Landlord agrees, at its expense, promptly to rebuild or restore the Premises to their condition prior to the damage or destruction. Tenant shall be entitled to a reduction in rent from the date of the casualty and while such repair is being made in the proportion that the area of the Premises rendered not reasonably suitable for the conduct of Tenant’s business by such damage bears to the total area of the Premises. If the expected restoration time after the date of the casualty exceed 180 days or if Landlord does not complete the rebuilding or restoration within one hundred eighty (180) days following the date of destruction (such period of time to be extended for delays caused by the fault or neglect of Tenant or for not more than 30 days because of Acts of God, acts of public agencies, labor disputes, strikes, fires, freight embargoes, rainy or stormy weather, inability to obtain materials, supplies or fuels, acts of contractors or subcontractors, or delay of the contractors or subcontractors due to such causes or other contingencies beyond the control of Landlord), then Tenant shall have the right to terminate this Lease by giving fifteen (15) days prior written notice to Landlord. Notwithstanding anything herein to the contrary, Landlord’s obligation to rebuild or restore shall be limited to the building and interior improvements constructed by Landlord as they existed as of the commencement date of the Lease and shall not include restoration of Tenant’s trade fixtures, equipment, merchandise or any improvements, alterations or additions made by Tenant to the Premises. Unless this Lease is terminated pursuant to the foregoing provisions, this Lease shall remain in full force and effect. Tenant hereby expressly waives the provisions of Section 1932, Subdivision 2, and Section 1933, Subdivision 4 of the California Civil Code. In the event the destruction of the Premises is caused by Tenant, Tenant shall pay the deductible portion of Landlord’s insurance proceeds up to a maximum of $10,000.
Terminate this Lease. Landlord shall have the right to terminate this Lease by providing written notice to Tenant, repossess the Premises, and recover from Tenant a sum of money equal to any unpaid Rent and other amounts accrued hereunder to the date of termination.
Terminate this Lease. If Landlord does not give Tenant notice in writing within sixty (60) days from the destruction of the Premises of its election either to keep this Lease in full force and rebuild and restore the Premises, or to terminate this Lease, and provided that insurance proceeds actually available to Landlord for the purpose of restoring the Complex or the Premises are sufficient to rebuild or restore the Premises, then Landlord shall be deemed to have elected to rebuild or restore the
Terminate this Lease. Enter, with or without legal process, any premises where any Item(s) of Equipment is believed to be and take possession thereof (and Lessee hereby authorizes Lessor to do so).
Terminate this Lease. Terminate this Lease by giving Tenant written notice thereof, in which event, Tenant shall pay to Landlord the sum of (1) all Rent accrued hereunder through the date of termination, (2) all amounts due under Section 20.2, plus (3) an amount equal to (i) the total Rent that Tenant would have been required to pay for the remainder of the Term discounted to present value at a per annum rate equal to the “Prime Rate” as published on the date this Lease is terminated by The Wall Street Journal, Southwest Edition, in its listing of “Money Rates”, minus (ii) the then present fair rental value of the Premises for such period, similarly discounted; Landlord and Tenant agree that in no event shall Section 20.1.1(ii) herein be greater than seventy-five percent (75%) of Section 20.1.1(i) herein; or
Terminate this Lease. Do anything else permitted by law or in equity or exercise any other applicable remedy.
Terminate this Lease. Subject to the foregoing, Landlord shall have such rights and remedies for Tenant defaults as provided elsewhere in this Lease and at law and in equity, and all remedies shall be cumulative such that Landlord's exercise or failure to exercise any remedy shall not limit or prevent Landlord from exercising any other remedy available to Landlord. Notwithstanding the foregoing, Tenant may offset against any damages owed by Tenant to Landlord any amounts due or damages awarded or incurred pursuant to that certain Chilled Water Services Agreement between Landlord and Tenant, provided, however, that Tenant shall not offset any payment of Base Rent unless amounts payable under the Chilled Water Services Agreement are at least thirty (30) days past due.
Terminate this Lease. Lessee may terminate this Lease by giving Lessor written notice thereof, in which event this Lease and the leasehold estate hereby created and all interest of Lessee and all parties claiming by, through or under Lessee shall automatically terminate upon the effective date of such notice and, except for the obligations of the parties which survive closing and ▇▇▇▇▇▇’s rights under b. below (which shall survive termination), the parties shall have no further rights or obligations hereunder; or
Terminate this Lease. If Lessee shall fail to immediately surrender the Leased Premises after termination, Lessor may enter upon and take possession of the Leased Premises and expel Lessee and its effects without being liable to prosecution or any claim for damages to Lessee arising therefrom.