EARLY TERMINATION CLAUSE Sample Clauses

EARLY TERMINATION CLAUSE. Tenant may, upon 45 days’ written notice to Landlord, terminate this lease provided that the Tenant pays a termination charge equal to 1 months’ Rent plus $50 for every month remaining on the lease or the maximum allowable by law, whichever is less. Termination will be effective as of the last day of the calendar month following the end of the 45 day notice period. Termination charge will be in addition to all rent due up to the termination day.
AutoNDA by SimpleDocs
EARLY TERMINATION CLAUSE. If Owner terminates the management agreement before the end of a lease or an extension thereof, the Owner shall be obligated to pay the Agent at once two times the yearly commissions on the lease plus all commissions due and unpaid at that time and all monies of any nature expended by the Agent on the Owner’s behalf. The security deposit will be released upon a properly signed and executed release agreement entered into by the tenant, Owner and Agent in form and language approved by the Agent. Owner may prematurely terminate this agreement if Agent fails to rent the property within four months of the date hereof, provided that Owner pays Agent for all accumulated charges.
EARLY TERMINATION CLAUSE. The Landlord will have the right, at any time after the 78th month of the Term including any further extension or renewal thereof, to terminate this Lease on 18 months’ written notice (the “Termination Notice”) to the Tenant, for any reason. For clarity the Termination cannot be effective sooner than the end of 96th month from the Commencement Date. The Tenant estimates that it will spend up to $2,500,000 to complete the improvements described below (the “Tenant Improvements”). The actual bona fide, out-of-pocket third party costs incurred by the Tenant in order to complete the Tenant Improvements are referred to herein as the “Tenant Costs” and for purposes of this section will be capped at $2,500,000 and will be amortized over 10 years on a straight line basis. In the event the Landlord exercises its right to terminate the Lease pursuant to this Section and the Lease terminates effective after the end of the seventh lease year, the Landlord will reimburse the Tenant an amount equal to the unamortized Tenant Costs in the year in which the Lease terminates multiplied by the percentage set out across from such year in the table below: Lease Year in Which Termination Date Occurs Percentage of Unamortized TI Costs 8 30% 9 20% 10 10% Within 30 days of opening for business, the Tenant will provide to the Landlord documentation and receipts that confirm the actual amount of the Tenant Costs and evidence that such costs have been paid. The Tenant acknowledges and agrees that in no event will more than $2,500,000 of Tenant Costs be amortized pursuant to this section in order to calculate any amount to be reimbursed by the Landlord to the Tenant. For greater certainty, in the event the Tenant Costs are less than $2,500,000, the lesser amount will be used for purposes of such calculation. 198581-366084 C-2 VDO_DOCS #1438539 v. 2 Tenant Improvements: [REDACTED]
EARLY TERMINATION CLAUSE. LESSEE shall have the option to terminate this lease, by giving written notice of that intention and identifying the early termination date to LESSOR at least 90 days prior.
EARLY TERMINATION CLAUSE. Beginning November 1, 2017, Tenant has unilateral right to cancel the lease at any time by proving Landlord with a six (6) month written notice. The early termination notice and payments thereon are acknowledged by both parties, as the entire amount due and, upon payment of all amounts due, Tenant is absolved from the obligations outlined in this document and by reference, in the lease agreement dated May 21, 2007, and addendum thereto dated October 12, 2007. All other terms, covenants and conditions of the Lease shall remain in full force and in effect. In the event of any conflicts between the terms and conditions of the Lease and the terms and conditions of this Lease Amendment, the terms and conditions of this Lease Amendment shall prevail.
EARLY TERMINATION CLAUSE. In case of lack of fulfillment by one of the parties of his obligations to the stated conditions in this agreement, this agreement might be terminated by the initiative of the other party. However, the termination cannot take effect until after the expiration of a delay of 30 days prior to which the other party had received a notice addressed by registered mail with an acknowledgment of receipt requesting him to fulfill or respect his obligations without having obtained any results. Nevertheless, the termination could be effective without prior notice where the non-respected obligation can no longer be fulfilled by the Athlete, notably in the following cases : - if the « Athlete » ceases to faithfully practice his sports , - if the « Athlete » is disqualified because of doping, or use of substances not compatible with the fair practice of his sports , - if the Athlete has made a false declaration or warranty - if the « Athlete » is disqualified because he does not respect sporting rules set up and applicable to him in the performance of his sport In the case of an early termination on the part of the « Athlete » or because of a fault on his part (as for instance in case of doping), or in case of death, « Salomon » will not be obliged to pay the entire lump sum due for the current season. In the other case of termination, the portion of the lump sum due on the date of termination will be calculated on a prorata temporis. Salomon is authorized to use all promotional or other materials up to exhaustion and for specific videos or materials used without notion of stocks or quantity for six months after the end of the contractual year in course of performance at the time of termination.
EARLY TERMINATION CLAUSE. If you decide to terminate your contract early outside of any instant termination clause in these terms and conditions there will be a 50% of expected remaining contract revenue due with a 30 day notice in writing. General Provisions In regards to the production of the chosen Services, Time is not of the essence. The Services will be provided within a reasonable time frame as defined above. Nothing in this Agreement creates any relationship of partnership or agency between the parties. If a provision is invalid or unenforceable it is to be read down or severed to the extent necessary without affecting the validity or enforceability of the remaining provisions. Each party must at its own expense do everything reasonably necessary to give full effect to this Agreement and the events contemplated by it. This Agreement and the Scope together form the entire agreement between the parties about its subject matter and supersedes all other representations, arrangements or agreements. Except as expressly set out in this Agreement or the Scope, no party has relied on any representation made by or on behalf of the other. Unless otherwise expressly stated in the Contract, no waiver or relaxation in whole or in part of any of the terms and conditions of the Contract will be binding on the Supplier unless in writing and signed on by a Director of the Supplier. Any such waiver or relaxation shall be limited to the term or condition and occasion in question. A party will not be responsible for a failure to comply with its obligations under this Agreement to the extent that its failure is caused by an event beyond the control of that party (“Force Majeure”) provided that the party so affected keeps the other party closely informed and uses reasonable endeavours to rectify the situation. Without limiting any other right to terminate under this Agreement, if Force Majeure affects a party’s performance under this Agreement for a period of more than 30 consecutive days, the other party may immediately terminate this Agreement by written notice. All recurring services such as SEO, Social Media & PPC will continue after the initial term on a month by month basis unless cancelled by the client in accordance with our standard terms and conditions & those Terms & Conditions outlined on the cancellation form. Clients must provide a minimum of 30 days notice in writing to xxxxxxxx@xxx.xxx.xx & the other email addresses listed on the cancellation form. Non-payment of invoices can resu...
EARLY TERMINATION CLAUSE. 6.5 Tenant Installation by tenant
EARLY TERMINATION CLAUSE. This Agreement may be terminated upon thirty (30) days’ written notice to either party without penalty of fee in the following instances:
EARLY TERMINATION CLAUSE. Unless modified by an addendum, if you: