Examples of Termination Notice in a sentence
Any further delay in Final Completion resulting from Unavoidable Delays that occur after the 2.06 Termination Notice is sent will not be counted against the 90 days to achieve Final Completion.
In such an event, this Agreement shall terminate on the date of such Termination Notice.
If Buyer fails to deliver a Termination Notice or Acceptance Notice (as defined below) to Seller on or before the expiration of the Due Diligence Period, then Buyer shall be deemed to have elected to terminate this Agreement and the Deposit shall be immediately returned to Buyer.
Buyer’s delivery (or deemed delivery) of a Termination Notice to Seller with respect to the Property shall constitute Buyer’s election to terminate this Agreement with respect to the Property as provided above in this Paragraph 5.F.
Such 2.06 Termination Notice must be provided not less than 90 days prior to the Outside Final Completion Date in order to allow Tenant to complete the Initial Construction Work by the Outside Final Completion Date, or in the event such 2.06 Termination Notice is sent on any date thereafter (i.e., less than 90 days prior to the Outside Final Completion Date), Tenant will have 90 days from the date of such 2.06 Termination Notice to achieve Final Completion.