Closure Order Sample Clauses
A Closure Order clause authorizes the temporary or permanent shutdown of a business, premises, or activity, typically by a governmental or regulatory authority. In practice, this clause outlines the conditions under which such an order may be issued, the process for notification, and the obligations of the affected party, such as ceasing operations or securing the premises. Its core function is to provide a clear legal mechanism for enforcing public safety, health, or regulatory compliance by enabling authorities to halt activities that pose risks or violate laws.
Closure Order. If at any time during the continuance of this Agreement, any governmental or competent authorities shall make a Closure Order in respect of the Building and/or the Premises (and the cause of the Closure Order is not attributable to any act or default or negligence of the Tenant) and the Premises is affected to the extent that the Premises or any part thereof shall be rendered inaccessible and/or unfit for use and occupation, then the rent hereby agreed to be paid or a part(s) thereof proportionate to the portion of the Premises affected by the Closure Order shall after the Closure Order comes into force, cease to be payable until the Closure Order is lifted and the Building, the Premises or the part damaged or demolished or the part with defect shall again be rendered accessible and fit for use and occupation or have been repaired restored or reinstated PROVIDED ALWAYS that the Landlord shall be under no obligation to take any action to facilitate or attain the lifting of the Closure Order or repair restore or reinstate the Building, the Premises or the part damaged or demolished or the part with defect if, in the absolute opinion of the Landlord (whose opinion shall be final and conclusive and binding on the Tenant), it is not reasonable economical or practicable so to do AND the Tenant shall not claim against the Landlord for damages compensation or otherwise in such event AND the date of expiration of the Term hereby granted shall not be postponed PROVIDED FURTHER that if the Closure Order shall last for more than two (2) months OR the Landlord elects not to or has not taken any action to facilitate or attain the lifting of the Closure Order or proceeded to repair restore or reinstate the Building, the Premises or the part demolished or the part with defect as aforesaid within two (2) months of the date the Closure Order comes into force then either the Landlord or the Tenant shall be entitled to terminate this Agreement on giving written notice thereof to the other but such termination shall not prejudice the Landlord’s rights and remedies in respect of rent arrears or any outstanding breaches by the Tenant of obligations agreements stipulations terms and conditions herein contained and on the Tenant’s part to be observed and performed and the Tenant shall not be entitled to any compensation for the earlier determination of this Agreement or any loss and/or damages sustained by the Tenant arising from or in connection with the earlier determination of ...