Termination of Ownership. In the event tenant terminates membership in the Association, tenant shall have fifteen (15) days after closing of sale of property to remove item from the Storage Area. Failure to remove any item within fifteen days shall constitute a breach of contract and Landlord shall have the right to seek any and all remedial actions afforded by law to remove said item.
Termination of Ownership. An owner may terminate his/her/its ownership voluntarily at any time by written notice to the Cooperative. Ownership may be terminated involuntarily by the Board for cause after the owner is provided fair notice of the reasons for proposed termination and has had an opportunity to respond in person or in writing. Cause may include intentional or repeated violation of any provision of the Cooperative’s Bylaws or policies, actions that impede or will impede the Cooperative from accomplishing its purposes, actions or threats that adversely affect the interests of the Cooperative or its owners, willful obstruction of any lawful purpose or activity of the Cooperative, or breach of any contract with the Cooperative. Ownership is automatically terminated if an owner shall die or cease to exist.
