Termination of Existing Lease Sample Clauses

Termination of Existing Lease. Effective as the date of this Lease, the Existing Lease is terminated in its entirety and of no further force or effect.
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Termination of Existing Lease. It is understood that Tenant is presently leasing ® the Premises from Landlord pursuant to an existing lease dated March 23, 1994, which lease was amended by a First ® Amendment to Lease dated January 14, 1997 (as amended, the “Existing Lease”). The parties agree that the Term of ® the Existing Lease shall expire by its terms on the day preceding the Commencement Date of this Lease. Any advance ® rental paid by Tenant under the Existing Lease shall be rebated by Landlord or applied to the rent due hereunder. LANDLORD: TENANT: THE IRVINE COMPANY SUNPOWER, INC., a California corporation By: /s/ Xxxxxx X. Xxxxxxxx By: /s/ Xxxxxxx Xxxxxxx Xxxxxx X. Xxxxxxxx, Xx., President Name: Xxxxxxx Xxxxxxx Irvine Industrial Company, Title: President a division of The Irvine Company By: /s/ Xxxxx Xxxxxxxx By: Xxxxx X. Xxxxxxxx Assistant Secretary Name: Title: [DRAWING OF PREMISES] EXHIBIT A [DRAWING OF PREMISES] EXHIBIT A-1 EXHIBIT B THE IRVINE COMPANY – INVESTMENT PROPERTIES GROUP HAZARDOUS MATERIAL SURVEY FORM The purpose of this form is to obtain information regarding the use of hazardous substances on Investment Properties Group (“IPG”) property. Prospective tenants and contractors should answer the questions in light of their proposed activities on the premises. Existing tenants and contractors should answer the questions as they relate to ongoing activities on the premises and should update any information previously submitted. If additional space is needed to answer the questions, you may attach separate sheets of paper to this form. When completed, the form should be sent to the following address: INSIGNIA/ESG OF CALIFORNIA, INC. 0 Xxx, Xxxxx 000 Xxxxxx, XX 00000 Your cooperation in this matter is appreciated. If you have any questions, please call your property manager at (000) 000-0000 for assistance.
Termination of Existing Lease. Landlord and Tenant acknowledge and agree that Landlord and Tenant are parties to that certain Lease Agreement dated as of October 19, 2001 (as amended, the “Existing Lease”). The parties hereto acknowledge and agree that, notwithstanding any provision to the contrary set forth in the Existing Lease, the Existing Lease is currently in full force and effect, has continued in full force and effect without interruption since the date Tenant initially took occupancy of the Premises under the Existing Lease and that Tenant currently occupies the Premises pursuant to the terms thereof. In addition, notwithstanding to the contrary contained in the Existing Lease, effective as of 11:59 p.m. (Central Time) on the date immediately preceding the Lease Commencement Date (the “Existing Lease Termination Date”) the Existing Lease shall be terminated and of no further force or effect and Landlord and Tenant’s rights and obligations with respect to the Premises arising or accruing thereafter shall be as set forth in this Lease; provided, however, that Landlord and Tenant shall remain liable under the terms of the Existing Lease with respect to (i) any obligations which specifically survive the term of the Existing Lease and (ii) for the performance of all of their respective obligations under the Existing Lease accruing prior to the Existing Lease Termination Date, including, without limitation, with respect to any liability arising on or before such date related to Tenant’s use, occupancy or control of the Premises during the term of the Existing Lease (including, without limitation, with respect to hazardous materials brought onto or about the Premises or permitted or suffered to be brought onto or about the Premises by Tenant or anyone for whom Tenant may be liable and Tenant’s obligation to pay Landlord any amounts due under the Existing Lease).
Termination of Existing Lease. Tenant leases the eleventh floor and a portion of the third floor pursuant to an existing lease entered into by Landlord's predecessor in interest as previously amended. Effective upon the Commencement Date, the existing lease shall automatically terminate, except for Tenant's obligations thereunder that expressly survive such termination or Tenant's obligations thereunder that have not been, but should have been, performed prior to the Commencement Date.
Termination of Existing Lease. Effective as of 11:59 p.m. on the day immediately preceding the Commencement Date, that certain Lease Agreement (the "Existing Lease") by and between Landlord and Tenant, dated November 30, 1992 relating to a portion of the Leased Property, shall terminate and be of no further force or effect. Provided, however, in the event this Lease becomes null and void for any reason prior to the Commencement Date, the Existing Lease shall not be terminated and shall remain enforceable in accordance with its terms to the same extent and effect as if this Lease had never been executed and delivered in the first instance.
Termination of Existing Lease. The parties hereby acknowledge that Tenant is presently in occupancy of an existing building at 000 Xxxxxxxxxxx Xxxx in a separate portion of the Project (the “Existing Premises”) pursuant to that certain Lease (the “Existing Lease”) dated November 1, 1993 by and between The Six-Pac, A Joint Venture, as landlord, and Cypress Coast Bank, as tenant. Tenant may continue in occupancy under the Existing Lease so long as the same is permitted by applicable governmental authorities during the performance of Landlord’s Work. In addition, the parties hereby agree that, in consideration of Tenant’s agreement to perform its obligations under this Lease (including, without limitation, Tenant’s obligations for performance of Tenant’s Work pursuant to Exhibit C attached hereto). Tenant shall be entitled to a conditional abatement of its obligation for payment of base rent under the Existing Lease (provided that nothing contained herein shall entitle Tenant to any abatement of Tenant’s obligations under the Existing Lease for payment of additional rent, amounts with respect to taxes, insurance, utilities, maintenance, other reimbursable costs or other charges, as applicable under the Existing Lease), accruing with respect to the period following Landlord’s acquisition of title to the Project until the Commencement Date not to exceed a maximum aggregate abatement of Fifty Thousand Dollars ($50,000.00) (after which maximum aggregate abatement, if applicable, Tenant shall resume payment of base rent under the Existing Lease); provided that if this Lease is hereafter terminated due to Tenant’s default hereunder, then, in addition to all other rights and remedies of Landlord as set forth in this Lease, the entire amount of rent so conditionally abated shall be immediately due and payable from Tenant to Landlord. Tenant shall have sixty (60) days following the Substantial Completion of the Premises within which to complete its relocation from the Existing Premises to the Premises (including, without limitation, the removal of all items of Tenant’s personal property from the Existing Premises) and within which to vacate and surrender the Existing Premises. Upon the expiration of such sixty (60) day period, the Existing Lease shall terminate and neither party thereto shall have any further liability or obligation thereunder (except for liabilities and obligations accruing under the Existing Lease through to such termination date and liabilities and obligations under the Existing...
Termination of Existing Lease. The document terminating the Existing Lease and related documents in the form set forth in Exhibit F attached hereto and made a part hereof.
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Termination of Existing Lease. Section 29.01. Landlord and Tenant acknowledge being parties to a certain Lease dated February 22, 1988, as amended by agreements dated June 19, 1989 and August 31, 1992 (collectively the “Existing Lease”) pursuant to which Landlord has leased the Premises to Tenant. Landlord and Tenant hereby agree to terminate and cancel the Existing Lease for all purposes effective June 30, 1993, with the same force and effect as if such date was the date set forth therein for the termination thereof.
Termination of Existing Lease. The Existing Lease is hereby rescinded and terminated effective as of midnight, August 31, 1986.
Termination of Existing Lease. (a) Landlord and Tenant are parties to a Lease Agreement dated December 1, 2001, as amended by Amendment to Lease Agreement dated February 25, 2004 (collectively, the "Existing Lease") with respect to premises containing approximately 2,045 rentable square feet in the Building (the "Existing Premises").
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