Common use of Termination for Non-Commencement Clause in Contracts

Termination for Non-Commencement. Notwithstanding the foregoing, in the event that Delivery of the Premises has not occurred within one month after the Commencement Date set forth in Section 1 then for a period of ten (10) days after the expiration of such one-month period either party not in default hereunder may cancel and terminate this Lease, without any liability to the other party, upon written notice to the other party; and provided further, however, that if such written notice of termination is not delivered by either party within the ten-day period, the foregoing right to terminate this Lease shall itself terminate and be of no further force or effect.

Appears in 1 contract

Samples: Redline Performance Products Inc

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Termination for Non-Commencement. Notwithstanding the foregoing, in the event that Delivery of the Premises has not occurred within one month six (6) months after the Commencement Date set forth in Section 1 1.6(a), then for a period of ten (10) days after the expiration of such one-month six (6)-month period either party not in default hereunder may cancel and terminate this Lease, without any liability to the other party, upon written notice to the other party; and provided further, however, that if such written notice of termination is not delivered by either party within the ten-day ten (10)-day period, the foregoing right to terminate this Lease shall itself terminate and be of no further force or effect.

Appears in 1 contract

Samples: Industrial Lease (ONCOSEC MEDICAL Inc)

Termination for Non-Commencement. Notwithstanding the foregoing, in the event that Delivery of the Premises has not occurred within one month six months after the Commencement Date set forth in Section 1 1.6(a), then for a period of ten thirty (1030) days after the expiration of such one-six month period either party not in default hereunder may cancel and terminate this Lease, without any liability to the other party, upon written notice to the other party; and provided furtherprovided, however, that if such written notice of termination is not delivered by either party within the ten30-day period, the foregoing right to terminate this Lease shall itself terminate and be of no further force or effect.

Appears in 1 contract

Samples: Alphatec Holdings, Inc.

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Termination for Non-Commencement. Notwithstanding the foregoing, in the event that Delivery of the Premises has not occurred within one month six months after the Commencement Date set forth in Section 1 1.5(a), then for a period of ten (10) days after the expiration of such onesix-month period either party not in default hereunder may cancel and terminate this Lease, without any liability to the other party, upon written notice to the other party; and provided further, however, that if such written notice of termination is not delivered by either party within the ten-day period, the foregoing right to terminate this Lease shall itself terminate and be of no further force or effect.

Appears in 1 contract

Samples: Lease (Sports Arenas Inc)

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