Termination on destruction Sample Clauses

Termination on destruction. If an Insurance Event damages or destroys so as to render the Premises or those areas which the Tenant enjoys rights pursuant to the terms of this Lease substantially unfit for use and occupation or renders them inaccessible and they have not been reinstated and made accessible then:
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Termination on destruction. 8.3.1 If the Premises are at any time during the Term destroyed or substantially damaged by any of the Insured Risks so as to be unfit for occupation and use and the Premises have not been rebuilt or reinstated or made fit for occupation and use within nine months after the date of destruction or damage then the Landlord may serve not less than three months’ notice in writing to determine this Lease such notice to expire not earlier than one year after the date of the destruction or damage and if upon the expiration of such notice the Premises remain unfit for occupation this Lease shall absolutely determine but without prejudice to any antecedent right or claim arising under this Lease and still subsisting at the date of such notice
Termination on destruction. If the Premises are materially damaged or destroyed, as determined by Strata Corporation in its absolute discretion, this Sublease will terminate and Tenant will immediately deliver vacant possession of the Premises to Landlord.
Termination on destruction. If the Premises are totally destroyed, then either party may terminate this Lease by giving one month's notice to the other.
Termination on destruction. (A) If an Insurance Event damages or destroys the whole or substantially the whole of the Premises or renders them inaccessible and: they have not been reinstated and made accessible within three (3) years and six (6) months of its occurrence then if the Landlord or the Tenant serves not less than six months' prior written notice on the other, this Lease shall end on the date the notice takes effect; or they have not been reinstated and made accessible within four years of its occurrence then if the Landlord or the Tenant serves written notice on the other, this Lease shall end on the date the notice takes effect; unless in either case clauses 2.3(B) or 2.3(B) apply, and the Landlord shall be entitled to retain for its own benefit all insurance moneys received or receivable under any policy of insurance maintained by it.
Termination on destruction. If through any cause whatsoever the Premises or the Building shall be so destroyed or damaged as to be unfit for occupation or use without substantial rebuilding the Landlord may in lieu of rebuilding or reinstating elect to treat this Lease as at an end and re-enter upon the Premises on giving to the Tenant not less than one month’s notice in writing Provided that such determination shall be without prejudice to any existing rights and liabilities of the parties under this Lease
Termination on destruction. Subject to the terms and conditions set forth in Section 5.03, the DDA [or Trustee] may terminate this Development Agreement, upon thirty (30) days' prior written notice to Developer, upon the Event of Total Loss of the Project and the determination by the DDA not to repair or reconstruct the Project pursuant to the terms of the Indenture.
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Related to Termination on destruction

  • Termination on Notice The Province may terminate the Agreement at any time without liability, penalty, or costs upon giving at least 30 days’ Notice to the Recipient.

  • Termination on Death This Occupation Right Agreement shall terminate upon the death of the Resident, or, where two Residents have jointly signed this Occupation Right Agreement, upon the death of the surviving Resident. No notice of termination is required if the reason for termination is because the last surviving Resident has died.

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

  • Term and Termination of the Agreement 15.1. Term and duration of the Agreement The Standard Transmission Agreement shall enter into force on the Start Date of this Standard Transmission Agreement and shall be effective for an undetermined term.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

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