Early termination provision Clause Samples

Early termination provision. If ENCINO OFFICE PLAZA - EXECUTIVE SUITES should fall below 30% occupancy during the term of this Lease, Landlord hereby reserves the right to terminate this Lease upon thirty days (30) written notice to Tenant, provided that all such leases relating to the tenants of ENCINO OFFICE PLAZA - EXECUTIVE SUITES are terminated concurrently with the termination of this Lease.

Early termination provision. If the Subtenant choses to terminate the lease agreement he/she will give the Sublessor a written notice no less than 30 days prior to termination date, agrees to forfeit his/her security deposit and is subject to a $150.00 early termination fee. Fees may be waived if Subtenant is able to replace his/her membership with an equal or greater membership level member.

Early termination provision. Provided no Event of Default has occurred under the Lease, upon thirty (30) days prior written notice to Lessor, Lessee may early terminate this Schedule at any time during the Initial Period of the Schedule by paying to Lessor the present value of the outstanding balance due under the Lease (the sum of all outstanding Initial period payments owed discounted at nine percent (9%), in addition to all taxes and other amounts due under the Lease, including but not limited to sales and use tax, property tax, late charges, and any and all other sums due) plus a prepayment penalty of three percent (3%) during years one, two or three, a two percent (2%) prepayment penalty during year four, and a one percent (1%) prepayment penalty during year five.

Early termination provision. LICENSEE will have the right at any time after January 31, 2005 to terminate the Agreement early without penalty so long as LICENSEE provides LICENSOR with at least one hundred and twenty days prior written notice. However, if the termination date will end during the months of October, November, or December, LICENSEE agrees to provide LICENSOR with at least one hundred and eighty days' prior written notice.

Early termination provision. For purposes of this Schedule only, and provided no Event of Default has occurred under the Lease, Lessee may early terminate this Schedule at any time prior to twenty-four (24) months after the Commencement Date, upon thirty (30) days prior written notice to Lessor by paying to Lessor the present value of the remaining Base Period Monthly Rental payments plus the Renewal Period payments, discounted at 7% (plus all applicable taxes and other amounts due under the Lease, including but not limited to sales and use tax, property tax, late charges, and any and all other sums due) after which all of Lessor’s rights title and interest shall be transferred to the Lessee (the “Early Termination Payments”).

Early termination provision. Without limiting the provisions in Section 13.1 of this Agreement, the Superintendent may terminate this Employment AGREEMENT and the Assistant Superintendent of Curriculum, Instruction and Assessment’s employment at any time by providing the Assistant Superintendent of Curriculum, Instruction and Assessment with at least ninety (90) calendar days written notice. The Assistant Superintendent of Curriculum, Instruction and Assessment may request to use his accrued vacation days prior to his separation from employment and/or the Superintendent may schedule the Assistant Superintendent of Curriculum, Instruction and Assessment for vacation days prior to his final day of employment.

Early termination provision. Only in the event that Tenant no longer has the NASA "Flight Crew Systems Development Contract" (FCSDC) or its equivalent being more fully described in Exhibit "C" attached hereto ("NASA Related Contract"), Tenant shall have the right after five (5) years from the date of commencement of the NASA Related Contract, but not less than fifty-two (52) months from the Lease Commencement Date, to wholly (but not partially) terminate this Lease with no further rental payments or obligations, after first giving four (4) months prior written notice to Landlord ("First Right to Terminate"). Similarly, if Tenant no longer has the NASA Related Contract or its equivalent, Tenant shall also have the right after eight (8) years from the date of commencement of the NASA Related Contract, to wholly (but not partially) terminate this Lease with no further rental payments or obligations, after first giving four (4) months prior written notice to Landlord ("Second Right to Terminate").