Break Clauses Sample Clauses
A break clause is a contractual provision that allows one or both parties to terminate the agreement early, before the scheduled end date, under specified conditions. Typically, the clause outlines the notice period required and any procedures or penalties associated with exercising the right to break the contract. Its core practical function is to provide flexibility and manage risk for parties who may need to exit the agreement due to changing circumstances, thereby preventing unwanted long-term commitments.
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Break Clauses. 14.1 Notwithstanding any other provision of this agreement if the provisions of clause 11.7 continue to apply in relation to the Birmingham Property on or after the date which is twelve months from the date hereof Elcom shall be entitled to exercise the break clause set out in clause 8 of the Birmingham Lease.
14.2 Notwithstanding any other provision of this agreement if the provisions of clause 11.7 continue to apply in relation to the Bedford Avenue Property on or after the date which is twelve months from the date hereof Elcom shall be entitled to exercise the break clause set out in clause 8 of the Bedford Avenue Lease.
14.3 Subject to clauses 14.1 and 14.2 above Elcom agrees that neither it nor its successors in title shall transfer, assign, surrender or otherwise dispose of any Property or exercise any break option in relation to any lease affecting the Properties pending completion of any assurance and/or underletting of the relevant Property pursuant to clause 14.3 of this Agreement and shall indemnify Newco against all loss, damage, liability, claims, costs, demands and expenses suffered by Newco as a result of the breach of this clause 14.3.
Break Clauses. The Tenant may terminate this lease by a serving a Break Notice on the Landlord at least 3 months before the Break Date specified in the Break Notice, which shall be no earlier than the 1st anniversary of the term of the lease.
Break Clauses. 1.1 The Tenant agrees that the Landlord has the right to terminate the Tenancy after the end of the first six months of the Term but no later than the end of the seventh month of the Term by giving to the Tenant not less than two months’ prior notice in writing by sending a Section 21 Notice to end the Tenancy. If the Landlord does not give notice to expire prior to the end of the first seven months of the Term it is agreed between the parties that the Landlord will be bound for the whole of the fixed Term which expires on the Tenancy End Date shown in the Particulars.
1.2 The Landlord agrees that the Tenant has the right to terminate the Tenancy after the end of the first six months of the Term but no later than the end of the seventh month of the Term by giving to the Landlord not less than two months’ prior notice in writing to end the Tenancy. If the Tenant does not give notice to expire prior to the end of the first seven months of the Term it is agreed between the parties that the Tenant will be bound for the whole of the fixed Term which expires on the Tenancy End Date shown in the Particulars.
1.3 When the notice period expires the Agreement shall cease. This does not affect the right of either the Landlord or the Tenant to pursue their legal remedies against the other for any existing breach of any rights under the Agreement.
Break Clauses. If there’s a break clause in the tenancy agreement, your landlord can give you notice after this. However, your landlord doesn’t have a guaranteed right to possession during the first 6 months of the tenancy.
Break Clauses. 8 If the Student wishes to terminate this agreement the Student must give notice in writing by email to ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇ prior to the collection of the Student’s keys that the Student no longer wishes to take up its accommodation. If such notice is given prior to the Student’s collection of the keys to his/her accommodation, this agreement shall be terminated, any Deposit the Student has paid shall be refunded and the University will not be required to provide the Student with accommodation. If no notice is given, or notice if given after the Student has collected his/her keys to the accommodation this agreement will remain binding on the Student and the Student will be responsible for the Rent for the whole Residence Period, even if the Student does not move into the Accommodation.
Break Clauses. A tenant’s option to determine the lease on 29th September 2019, on providing a minimum of 6 months` notice.
Break Clauses. If You wish to cancel the Licence Agreement You must give us notice in writing by email to ▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇.▇▇.▇▇ by 4pm 20th August 2020 stating that You no longer wish to take up your accommodation. If such notice is given by 4pm 20th August 2020, the Licence Agreement shall be cancelled, any Deposit You have paid to Us shall be refunded and the University will not be required to provide You with accommodation. If no notice is given the Licence Agreement will be binding on You and You will be responsible for Accommodation Fees for the whole Period of Occupancy, even if you do not move into the Accommodation.
Break Clauses. The Landlord and Tenant may terminate the lease on 1 months' notice at any time but will be able to remain in occupation for up to 5 months after the termination date by way of a tenancy at will to meet all obligations under the Contract.