Common use of User Right to Terminate Clause in Contracts

User Right to Terminate. If the Property is Materially destroyed, User will have an option to immediately terminate this Agreement by written notice to Tenant. Upon the exercise of such an option, this Agreement will terminate and User will pay all Rent and its Proportionate Share of other charges then due hereunder, equitably apportioned to the date of such termination.

Appears in 14 contracts

Samples: Shared Warehouse Agreement, Shared Warehouse Agreement (Kraft Foods Group, Inc.), Shared Warehouse Agreement (Kraft Foods Group, Inc.)

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