Common use of Termination by Lessee and Quitclaim Deed Clause in Contracts

Termination by Lessee and Quitclaim Deed. Lessee may at any time terminate this Agreement by giving thirty (30) days advanced notice to Owner. If Lessee terminates this Agreement, Lessee shall perform all obligations and pay all payments which accrue or become due before or after the termination date. On Lessee’s termination of this Agreement, Owner shall have the right to execute and record Exhibit F, Notice of Termination of Lease and Purchase Option and/or Owner may request and Lessee shall execute and deliver to Owner a Release and Termination document for this Agreement in a form acceptable to Owner for recording which shall transfer any and all Lessee’s right, title and interest in the Property to Owner.

Termination by Lessee and Quitclaim Deed. Lessee may at any time terminate this Agreement by giving thirty (30) days written advanced notice to Owner. If Lessee terminates this Agreement, Lessee shall perform all obligations and pay all payments which accrue or become due before or after the termination date. On Lessee’s termination of this Agreement, Owner shall have the right to execute and record Exhibit F, a Notice of Termination of Exploration and Mining Lease and with Option to Purchase Option and/or Owner may request Agreement substantially in the form of Exhibit F hereto, and Lessee shall execute and deliver to Owner a Termination and Release and Termination document for this Agreement in a form acceptable to Owner for recording which shall include the transfer any and all Lessee’s right, title and interest in the Property to Owner.

Termination by Lessee and Quitclaim Deed. Lessee may at any time terminate this Agreement by giving thirty (30) days advanced notice to OwnerLessor. If Lessee terminates this Agreement, Lessee shall perform all obligations and pay all payments which accrue or become due before or after the termination date. On Lessee’s 's termination of this Agreement, Owner Lessor shall have the right to execute and record Exhibit F, Notice of Termination of Lease and Purchase Option and/or Owner Lessor may request and Lessee shall execute and deliver to Owner Lessor a Release and Termination document for this Agreement in a form acceptable to Owner Lessor for recording which shall transfer any and all Lessee’s 's right, title and interest in the Property to OwnerLessor.