Common use of Termination of the Lease Agreement Clause in Contracts

Termination of the Lease Agreement. If either Party terminates the Lease Agreement prior to the expiration of the Lease Term without the consent from the other Party, the Party that terminates the Lease Agreement shall pay damages to the other Party to compensate for such Party’s actual loss. The amount of damages shall include, but not be limited to, the reasonable profits, out-of-pocket costs, legal service fees, Court fees, arbitration fees, accounting fees and removal or relocation fees.

Appears in 5 contracts

Samples: Lease Agreement (Diodes Inc /Del/), Lease Agreement (Diodes Inc /Del/), Lease Agreement (Diodes Inc /Del/)

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Termination of the Lease Agreement. 11.1. If either Party terminates the Lease Agreement prior to the expiration of the Lease Term Period without the consent from the other Party, the Party that terminates the Lease Agreement shall pay damages to the other Party to compensate for such Party’s actual loss. The amount of damages shall include, but not be limited to, the reasonable profits, out-of-pocket costs, legal service fees, Court court fees, arbitration fees, accounting fees and removal or relocation fees.

Appears in 2 contracts

Samples: Building Lease Agreement (Diodes Inc /Del/), Building Lease Agreement (Diodes Inc /Del/)

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Termination of the Lease Agreement. 7.1 If either Party terminates the Lease Agreement prior to the expiration of the Lease Term Periods without the consent from the other Party, the Party that terminates the Lease Agreement shall pay damages to the other Party to compensate for such Party’s actual loss. The amount of damages shall include, but not be limited to, the reasonable profits, out-of-pocket costs, legal service fees, Court fees, arbitration fees, accounting fees and removal or relocation fees.

Appears in 1 contract

Samples: Lease Agreement (Diodes Inc /Del/)

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