Common use of Termination of Possession Clause in Contracts

Termination of Possession. If Lessee is in default as defined in subparagraph (a) above and if Lessee remains in default for 3 days after Lessor gives notice of such default to Lessee, or if Lessee abandons the leased premises, Lessor may (with or without demand for performance) terminate Lessee's right of possession by giving one day's written notice to vacate; and Lessor shall be entitled to immediate possession without termination of Lessee's obligations under the lease. Lessor's repossession shall not be considered an election to terminate this lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall not preclude other Lessor remedies under this lease or other laws.

Appears in 5 contracts

Samples: Lease Agreement (Sonim Technologies Inc), Office Lease (Mission Critical Software Inc), Lease Agreement (Crossroads Systems Inc)

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Termination of Possession. If Lessee is in default as defined in subparagraph (a) above and if Lessee remains in default for 3 4 days after Lessor gives notice of such default to Lessee, or if Lessee abandons the leased premisesLeased Premises, Lessor may (with or without demand for performance) terminate Lessee's ’s right of possession by giving one day's ’s written notice to vacate; and Lessor shall be entitled to immediate possession without termination of Lessee's ’s obligations under the leaseLease. Lessor's ’s repossession shall not be considered an election to terminate this lease Lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall not preclude other Lessor remedies under this lease Lease or other laws.

Appears in 1 contract

Samples: Office Lease (NightHawk Radiology Holdings Inc)

Termination of Possession. If Lessee is in default as defined in subparagraph (a) above and if Lessee remains in default for 3 three (3) business days after Lessor gives notice of such default to Lessee, or if Lessee abandons the leased premisesLeased Premises without prior written approval of Lessor, Lessor may (with or without demand for performance) terminate Lessee's ’s right of possession by giving one (1) day's ’s written notice to vacate; and Lessor shall be entitled to immediate possession without termination of Lessee's ’s obligations under the leaseLease. Lessor's ’s repossession shall not be considered an election to terminate this lease Lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall not preclude other Lessor remedies under this lease Lease or other laws.

Appears in 1 contract

Samples: Lease Agreement (Pain Therapeutics Inc)

Termination of Possession. If Lessee is in default as defined in subparagraph (a) above and if Lessee remains in default for 3 three (3) days after Lessor gives notice of such default to Lessee, or if Lessee abandons the leased premisesLeased Premises, Lessor may (with or without demand for performance) terminate Lessee's right of possession by giving one day's written notice to vacate; and Lessor shall be entitled to immediate possession without termination of Lessee's obligations under the lease. Lessor's repossession shall not be considered an election to terminate this lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall not preclude other Lessor remedies under this lease or other laws.

Appears in 1 contract

Samples: Office Lease (Medical Science Systems Inc)

Termination of Possession. If Lessee is in default as defined in subparagraph (a) above and if Lessee remains in default for 3 10 days after Lessor gives notice of such default to Lessee, or if Lessee abandons the leased premises, Lessor may (with or without demand for performance) terminate Lessee's right of possession by giving one day's written notice to vacate; and Lessor shall be entitled to immediate possession without termination of Lessee's obligations under the lease. Lessor's repossession shall not be considered an election to terminate this lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall not preclude other Lessor remedies under this lease or other laws.

Appears in 1 contract

Samples: Office Lease (Deja Com Inc)

Termination of Possession. If Lessee is in default as defined in subparagraph (a) above pursuant to the terms of Paragraph 19.1, and if Lessee remains in default for 3 Three (3) days after Lessor gives written notice of such default to Lessee, or if Lessee abandons the leased premisesLeased Premises, Lessor may (with or without demand for performance) terminate Lessee's right of possession by giving one One (1) day's written notice to vacate; and Lessor shall be entitled to immediate possession without termination of Lessee's obligations under the leaseLease. Lessor's repossession shall not be considered an election to terminate this lease Lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall not preclude other Lessor Lessor's remedies under this lease of lock change, utilities termination, or other lawsrights and remedies of Lessor.

Appears in 1 contract

Samples: Office Lease

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Termination of Possession. If Lessee is in default as defined in subparagraph (a) above and if Lessee remains in default for 3 days after Lessor gives notice of such default to Lessee, or if Lessee abandons the leased premises, Lessor may (with or without demand for performance) terminate Lessee's ’s right of possession by giving one day's ’s written notice to vacate; and Lessor shall be entitled to immediate possession without termination of Lessee's ’s obligations under the lease. Lessor's ’s repossession shall not be considered an election to terminate this lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall not preclude other Lessor remedies under this lease or other laws.

Appears in 1 contract

Samples: Lease Agreement (Savara Inc)

Termination of Possession. If Lessee is in default as defined in subparagraph (aa.) above and if Lessee remains in default for 3 5 days after Lessor gives notice of such default to Lessee, or if Lessee abandons the leased premisesLeased Premises, Lessor may (with or without demand for performance) terminate Lessee's right of possession by giving one day's written notice to vacate; and Lessor shall will be entitled to immediate possession without termination of Lessee's obligations under the leaseLease. Lessor's repossession shall will not be considered an election to terminate this lease Lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall will not preclude other Lessor remedies under this lease Lease or other laws.

Appears in 1 contract

Samples: Lease Agreement (Micro Media Solutions Inc)

Termination of Possession. If Lessee is in default as defined in subparagraph (a) above and if Lessee remains in default for 3 days after Lessor gives notice of such default to Lessee, or if Lessee abandons the leased premises, Lessor may (with or without demand for performance) terminate Lessee's right of possession by giving one five (5) business day's written notice to vacate; and Lessor shall be entitled to immediate possession without termination of LesseeXxxxxx's obligations under the lease. Lessor's repossession shall not be considered an election to terminate this lease unless written notice of such intention to terminate is given to Lessee by Lessor. Repossession may be by voluntary agreement or by eviction lawsuit. Commencement of an eviction lawsuit shall not preclude other Lessor remedies under this lease or other laws.

Appears in 1 contract

Samples: Lease Agreement (Vignette Corp)

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