Termination of Lease definition

Termination of Lease means the Termination of Lease dated June 25, 1997, terminating the Existing Lease.
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Termination of Lease. The lease shall terminate without further consideration and without notice on the date stipulated herein, and occupation of the leased premises by the tenant after that date shall not have the effect of extending the term of the lease of renewing the lease, for any period of time, by tacit agreement or otherwise. In such event, the LL may, at its option, elect to treat the tenant as one who is occupying the leased premises against the wishes of the LL, and the LL may exercise all recourses available in law to evict the tenant and claim damages from the tenant, or the LL may elect, at its option, to construe such holding over as a tenancy from moth to month, subject to all the terms and conditions of this lease, save as to its duration and save that the monthly rental payable pursuant to Article 4 hereof shall be three (3) times the monthly rental payable pursuant to the said article in the preceding year.”
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Termination of Lease means termination by effluxion of time, determination by notice to quit, by forfeiture or in any other way what­ soever, and " terminates " has a corresponding meaning.
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Examples of Termination of Lease in a sentence

  • A Notice of Termination of Lease and an Eviction notice shall expire only on a regular business day.

  • If appropriate, both parties will, at the request of either, execute, acknowledge and deliver a Notice of Lease and a Notice of Termination of Lease Term, each in recordable form.

  • This Notice may expire concurrently with the Notice of Termination of Lease.

  • In the event that Tenant shall fail to pay all or any part of the rent within seven (7) days of its due date, the LHA may declare the unpaid rent delinquent and issue a Notice of Termination of Lease which may include a Notice to Quit.

  • If Tenant elects not to extend the Term of this Lease then, prior to the expiration date, Tenant shall, at the request of Landlord, provide to Landlord a Termination of Lease in recordable form.

  • If a Lessee changes the lock, and does not furnish the Lessor with a key within 48 hours, the Lessor may terminate the tenancy with a seven (7) day Notice of Termination of Lease.

  • Termination of Lease AgreementIf the Lessee shall fail to comply with the lease agreement, the lessor shall have the right to terminate the lease agreement and claim for damages.

  • Should a participant notify the Authority that they wish to vacate a unit before the end of an assisted lease, the participant may only move with continued assistance if they provide the Authority with sufficient documentation demonstrating a Mutual Termination of Lease tenancy with the landlord.

  • An Ordinance Approving and Authorizing Execution of the Agreement for Termination of Lease (Cunningham Children’s Home, 1301 S.

  • Landlord is authorized to record the Notice of Termination of Lease upon the expiration or earlier termination of this Lease.


More Definitions of Termination of Lease

Termination of Lease shall have the meaning set forth in Section 2.5(b)(xi).
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Termination of Lease means that certain Termination of Lease and Grant of Easements to be entered into as of the Closing Date between the City and Purchaser, relating to the termination of the Lease.
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Termination of Lease the thirty-first (31st) day of March, 2004.
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Termination of Lease. Surrender Obligations"). Landlord shall retain Tenant's full Security Deposit of $420,940.80 as partial payment to be applied to the Termination Fee, and, upon Tenant's execution of this Amendment No. 4, Tenant shall pay to Landlord the remaining balance of $4,130,646.40 in the form of a wire transfer to Landlord's bank pursuant to wire instructions to be provided to Tenant. Said Termination Fee must be received by Landlord's bank no later than 5:30 p.m. DST on Friday, October 22, 2004.
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Related to Termination of Lease

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Master Lease This Schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CHEMDEX CORPORATION COMDISCO, INC. AS LESSEE AS LESSOR By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx ------------------- --------------------- Title: CEO Title: SR VP ----------------- ------------------- Date: Date: ----------------- ------------------- EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller at the Closing with respect to each parcel of Leased Real Property listed on Section 3.16(b) of the Disclosure Schedule, in a form to be mutually agreed by the Seller and the Purchaser.

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Memorandum of Lease means a memorandum of this Lease, in recordable form, setting forth the following provisions of this Lease: (a) all information any Law requires;

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Original Lease shall have the meaning given such term in the recitals to this Agreement.

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • this Lease means the relevant portion of Articles 1 through 29 of this Office Lease to which this Tenant Work Letter is attached as EXHIBIT B and of which this Tenant Work Letter forms a part, and all references in this Tenant Work Letter to sections of "this Tenant Work Letter" shall mean the relevant portion of Sections 1 through 7 of this Tenant Work Letter.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Rental agreement or "lease agreement" means all agreements, written or oral, and valid rules and

  • Assignment of Leases and Rents means the Assignment of Leases and Rents, executed by Borrower for the benefit of Lender, and pertaining to leases of space in the Project.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.