Common use of Termination by Government Clause in Contracts

Termination by Government. a) The GOVERNMENT shall have the right to terminate this LEASE in part or whole, at any time, without prior notice, and regardless of any lack of breach by LESSEE of any of the terms and conditions of this LEASE. In the event of termination for any reason not involving a breach by XXXXXX of the terms and conditions of the LEASE the GOVERNMENT shall make an equitable adjustment of any advance rentals paid by the LESSEE hereunder. If the GOVERNMENT's use of the LEASED PROPERTY does not require immediate possession thereof, LESSEE shall be permitted, within such time as the Real Estate Contracting Officer shall prescribe to harvest, gather and remove from the LEASED PROPERTY such crops as can be so harvested and removed, but if the GOVERNMENT's requirements necessitate immediate repossession of the LEASED PROPERTY, so as to preclude LESSEE from such harvesting and removal of any growing or matured corps. LESSEE hereby specifically releases, remises, and forever discharges the GOVERNMENT from any and all liability or claims of loss or damage of any nature arising out of such termination and repossession, including, but not limited to destruction of, diminution in value of, or inability to harvest any growing crops.

Appears in 2 contracts

Samples: imlive.s3.amazonaws.com, imlive.s3.amazonaws.com

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Termination by Government. a) The GOVERNMENT shall have the right to terminate this LEASE in part or whole, at any time, without prior notice, and regardless of any lack of breach by LESSEE of any of the terms and conditions of this LEASE. In the event of termination for any reason not involving a breach by XXXXXX LESSEE of the terms and conditions of the LEASE the GOVERNMENT shall make an equitable adjustment of any advance rentals paid by the LESSEE hereunder. If the GOVERNMENT's use of the LEASED PROPERTY does not require immediate possession thereof, LESSEE shall be permitted, within such time as the Real Estate Contracting Officer shall prescribe to harvest, gather and remove from the LEASED PROPERTY such crops as can be so harvested and removed, but if the GOVERNMENT's requirements necessitate immediate repossession of the LEASED PROPERTY, so as to preclude LESSEE from such harvesting and removal of any growing or matured corps. LESSEE hereby specifically releases, remises, and forever discharges the GOVERNMENT from any and all liability or claims of loss or damage of any nature arising out of such termination and repossession, including, but not limited to destruction of, diminution in value of, or inability to harvest any growing crops.

Appears in 1 contract

Samples: imlive.s3.amazonaws.com

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Termination by Government. a) The GOVERNMENT shall have the right to terminate this LEASE in part or wholeLEASE, at any time, without prior notice, and regardless of any lack of breach by LESSEE of any of the terms and conditions of this LEASE. In the event of termination for any reason not involving a breach by XXXXXX LESSEE of the terms and conditions of the LEASE LEASE, the GOVERNMENT shall make an equitable adjustment of any advance rentals paid by the LESSEE hereunder. If the GOVERNMENT's use of the LEASED PROPERTY does not require immediate possession thereof, LESSEE shall be permitted, within such time as the Real Estate Contracting Officer shall prescribe to harvest, gather and remove from the LEASED PROPERTY such crops as can be so harvested and removed. However, but if the GOVERNMENT's 'S requirements necessitate immediate repossession of the LEASED PROPERTY, so as to preclude LESSEE shall be precluded from such harvesting and removal of any growing or matured corpscrops. LESSEE hereby specifically releases, remises, and forever discharges the GOVERNMENT from any and all liability or claims of loss or damage of any nature arising out of such termination and repossession, including, but not limited to destruction of, diminution in value of, or inability to harvest any growing crops, and/or death or diminution of value of any livestock of LESSEE.

Appears in 1 contract

Samples: imlive.s3.amazonaws.com

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