Common use of Early Termination Option Clause in Contracts

Early Termination Option. Tenant shall have an option to terminate this Lease prior to the expiration of the Primary Lease Term at any time after April 30, 2012. Tenant shall provide written notice to Landlord of its intention to exercise such early termination option at least 60 days prior to the requested termination date and, with the written notice, Tenant shall pay a termination fee representing liquidated damages to the Landlord of Fifty Thousand U.S. Dollars ($50,000).

Early Termination Option. Tenant shall have an option the right to terminate this Lease prior to at the expiration end of twenty-four (24) months after the Primary Lease Term at any time after April 30, 2012. Tenant shall provide Commencement Date by providing written notice to the Landlord by the end of its intention to exercise such early termination option at least 60 days prior to the requested termination date and, twenty-first (21st) month after the Commencement Date along with the written notice, Tenant shall pay payment of a fixed termination fee representing liquidated damages to the Landlord of Fifty Thousand U.S. Dollars twenty thousand dollars ($50,00020,000).

Early Termination Option. Tenant shall have an option to may terminate this Lease prior to at the expiration end of the Primary Lease fourth 12-month period of the Initial Term at any time after April 30, 2012. Tenant shall provide written notice to Landlord of its intention to exercise such early termination option upon at least 60 180 days prior to the requested termination date and, with the written notice; provided however, Tenant shall pay a to Landlord $125,661.50 on the early termination fee representing liquidated damages to the Landlord of Fifty Thousand U.S. Dollars ($50,000)date.