Early Termination Rights definition
Examples of Early Termination Rights in a sentence
If a Force Majeure Event occurs that reduces the Peak Demand Reduction of the System and Licensee determines the System cannot, within the period allowed in Section 16.4 (Licensee Early Termination Rights), be restored to a capacity sufficient to satisfy its obligations under this Agreement, Licensee shall give Trustees written notice of such determination as soon as possible.
Any Contraction Rights under this Article XI, including Relocation Rights, Early Termination Rights and Termination Rights, that remain unexercised on the last day of the Initial Term shall automatically, and without further action of Landlord or Tenant, become null and void, and Tenant shall have no Contraction Rights during any Renewal Term.
Tenant’s Contraction Rights Exercise Notice for Early Termination Rights shall only be effective if accompanied by a payment in the amount of the Early Termination Fee for the Contraction Premises identified in such notice.
We may both give you notice and offer you Early Termination Rights as explained in clause 47.
Section 2.2(o)(i) Real Property Liens and Ownership Section 2.2(o)(i)(F) Liens on Equity Interests Section 2.2(o)(ii) Contracts for Sale, Acquisition, or Transfer, and Development and Construction Contracts Section 2.2(o)(iii) Agreements of Sale, Option Agreements, Rights of First Offer, Rights of First Refusal, and Early Termination Rights.
If a Force Majeure Event occurs that reduces the EEP of the System and Licensee determines the System cannot, within the period allowed in Section 16.4 (Licensee Early Termination Rights), be restored to a capacity sufficient to satisfy its obligations under this Agreement, Licensee shall give Trustees written notice of such determination as soon as possible.
EARLY TERMINATION 19 Section 8.01 Early Termination Rights 19 Section 8.02 Remedies in the Event of Termination 20 Section 8.03 Return of Information and Materials 23 ARTICLE 9.
Maintenance of Material Agreements, Intellectual Property, Etc....6162 Section 8.17.
The Companies Service Recipient: EPS End Date: September 15, 2008 Early Termination Rights: Parent may terminate, with respect to some or all of these services, by giving at least 60 calendar days advanced written notice to Master LLC.
First States and Bank of America acknowledge and agree that the Early Termination Rights remaining after the date hereof are 197,205 square feet of Net Rentable Area, and that Bank of America may not exercise such Early Termination Rights until after the expiration of the third Lease Year all as set forth in Section 11.4 of the Lease.