Demolition Notice Clause Samples
Demolition Notice. If the Lessor gives a Demolition Notice to the Lessee:
(a) the Lessee must give vacant possession of the Leased Area to the Lessor on the Demolition Date in the condition that would be required under this Agreement if such date were the Terminating Date; and
(b) this Agreement will terminate on the Demolition Date and the Lessee will not be entitled to make a Claim against the Lessor as a consequence of the giving of the Demolition Notice.
Demolition Notice. It is agreed that at any time during the terms of this lease, Lessor, (Landlord) shall have the right to terminate this lease if it or it's assignees, grantees or any successor in interest should desire to demolish the building containing the demised premises. Termination shall be made by delivering written notice to Lessee of such intention to demolish, which notice shall require Lessee to vacate said premises no sooner than ninety (90) days from the date of said notice. Lessor or it's assignees, grantees or any successor in interest may commence the demolition of said building at any time subsequent to the date Lessee is required to vacate the premises.