Termination by the Lessor. In the event that the Lessee fails to pay consecutive instalment payments pursuant to Clause 3 within 15 days from the date such payment becomes due in accordance with the Payment Schedule and/or this Agreement through no fault of the Lessor, the Lessor shall be entitled to serve a default notice to Lessee demanding the payment of the outstanding amount. In case within the period of 15 days from the date of receipt of such notification the Lessee ignores such notice, it shall be deemed that Lessee is in default of this entire Agreement whereupon, the Lessor shall be immediately entitled without further notice to the Lessee to terminate this Agreement and confiscate all payments that the Lessee paid to the Lessor hereunder without any right of objection by the Lessee. The Lessor shall not be liable for any damage or expense that may incur and shall no longer be bound to lease of such Leased Property to the Lessee.
Termination by the Lessor. Upon the Lessee committing any Event of Default the Lessor may by giving written notice to the Lessee terminate this Lease.
Termination by the Lessor. Notwithstanding Section 4(a), but subject to Section 4(d), the Lessor may terminate this Agreement as to any Container by written notice effective upon delivery of the notice to Lessee (except that this Agreement shall automatically terminate without notice in the event of the occurrence under Section 4(c)(5) below), which notice may be given only in the event that:
Termination by the Lessor. Each of the following events shall constitute an “Event of Default” of the Lessee under this Agreement:
Termination by the Lessor. The landlord may terminate the contract any time before or after the beginning of the rental period if the tenant has not made the payment due at latest by Arrival Day..
Termination by the Lessor. In the event of the LESSEE’s failure to pay a single rent installment when due, or failure to pay any sum for which the LESSEE is responsible under the terms of this lease, or the LESSEE’s failure to execute any of the conditions of this lease, this financial lease shall be legally terminated, at the LESSOR’s discretion, one month after a simple formal notice has been served to pay or to execute or one month after an order to pay has been served on the LESSEE, without the need for a court ruling.
Termination by the Lessor i) If the Lessee commits a breach of any of the terms and conditions of the Lease, the Lessor may issue a notice in writing (the “Notice to Remedy”), calling upon the Lessee to remedy the breach within a period of 30 (thirty) days and if the breach is not so remedied within the said period, the Lessor may, notwithstanding the Lock- For athenahealth Technology Private Limited For RMZ INFOTECH PVT. LTD. Xxxxx Xxxxxxxx Managing Director Authorised Signatory in Period, issue a notice (the “Notice of Termination”) calling upon the Lessee to vacate the Premises within 30 days, immediately on expiry whereof, the Lease shall stand forfeited and the Lessor shall be entitled to re-enter the Premises and recover physical possession thereof.
Termination by the Lessor. The LESSOR shall have the right to terminate this Lease Deed, in the event that:
Termination by the Lessor. Without prejudice to the reasons that the relevant provisions of the Turkish Code of Obligations entitle the Lessor to evacuation by terminating the agreement, if the Lessee fails to pay the Rental Fee partially or completely on the payment day agreed in the agreement, late or incomplete payment (without prejudice to the Lessee’s set-off rights arising from the agreement). The Lessor shall notify the Lessee in writing of such delay and incomplete payments through a notary public and the Lessor may unilaterally terminate this agreement without paying any compensation if the failure is not remedied by the Lessee within 15 (fifteen) business days of the notification of the relevant failure.
Termination by the Lessor. The Lessee acknowledges that the Lessor will undertake a review of the transaction constituted by this Agreement and the other Lease Documents, (taking into account, but without limitation, the return to the Lessor from such transaction and the business, operations, prospects and creditworthiness of the Guarantor, the Lessee, each Payment Bank (including any proposed replacements) and any other Additional Security Provider). Such review shall be carried out during the period of three months commencing 1st July 2012 and if, following such review, the Lessor shall conclude in its absolute discretion (but acting in good faith) that it is not satisfied with such transaction and such factors taken into account or with the security for the actual and contingent obligations (for these purposes disregarding Clause 22.5.1) of the Lessee provided under the Lease Documents, the Lessor shall be entitled, by notice in writing given not later than 1st September 2012, to require the Lessee to serve a notice of voluntary termination in accordance with Clause 21.5(B), and the Lessee shall comply with any such requirement not later than one month after receipt of the notice from the Lessor.
