Common use of Expiration and Termination of Lease Clause in Contracts

Expiration and Termination of Lease. (a) If any Event of Default (other than a Bankruptcy Default or Leasing Default) shall occur, the FCRHA (subject to Section 24.14 below) may, at any time thereafter, at its option, give notice to Tenant stating that this Lease and the Term shall expire and terminate on the date specified in such notice, which date shall be not less than twenty (20) Business Days after the giving of such notice, and if, on the date specified in such notice, Tenant shall have failed to cure the breach which was the basis for the Event of Default, then this Lease and the Term and all rights of Tenant under this Lease shall expire and terminate as of the date on which the Event of Default described in clause (i) above occurred or the date specified in the notice given pursuant to clause (ii) above, as the case may be, were the date herein definitely fixed for the expiration of the Term and Tenant immediately shall quit and surrender the Premises.

Appears in 7 contracts

Samples: www.fairfaxcounty.gov, www.fairfaxcounty.gov, www.fairfaxcounty.gov

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Expiration and Termination of Lease. (a) If any Event of Default (other than a Bankruptcy Default or Leasing Default) shall occur, the FCRHA Landlord (subject to Section 24.14 below) may, at any time thereafter, at its option, give notice to Tenant stating that this Lease and the Term shall expire and terminate on the date specified in such notice, which date shall be not less than twenty (20) Business Days days after the giving of such notice, and if, on the date specified in such notice, Tenant shall have failed to cure the breach which was the basis for the Event of Default, then this Lease and the Term and all rights of Tenant under this Lease shall expire and terminate as of the date on which the Event of Default described in clause (i) above occurred or the date specified in the notice given pursuant to clause (ii) above, as the case may be, were the date herein definitely fixed for the expiration of the Term and Tenant immediately shall quit and surrender the Premises.

Appears in 4 contracts

Samples: www.fairfaxcounty.gov, www.fairfaxcounty.gov, www.fairfaxcounty.gov

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Expiration and Termination of Lease. (a) If any Event of Default (other than a Bankruptcy Default or Leasing Default) shall occur, the FCRHA Landlord (subject to Section 24.14 below) may, at any time thereafter, at its option, give notice to Tenant stating that this Lease and the Term shall expire and terminate on the date specified in such notice, which date shall be not less than twenty (20) Business Days days after the giving of such notice, and if, on the date specified in such notice, Tenant shall have failed to cure the breach which was the basis for the Event of Default, then this Lease and the Term and all rights of Tenant under this Lease shall expire and terminate as of the date on which the Event of Default described in clause (i) above occurred or the date specified in the notice given pursuant to clause (ii) above, as the case may be, were the date herein definitely fixed for the expiration of the Term and Tenant immediately shall quit and surrender the Premises.

Appears in 2 contracts

Samples: Deed of Lease, Deed of Lease

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