Lessee’s Right to Terminate Lease Sample Clauses

Lessee’s Right to Terminate Lease. (i) Notwithstanding any other provision of the Lease to the contrary, Lessee has the right and option to terminate the Ten-Year Extension Term (“Early Termination Right”), effective as of the last day of the sixtieth (60th) consecutive month of the Ten-Year Extension Term (“Early Termination Date”). Lessee shall exercise its Early Termination Right, if at all, by providing not less than sixty (60) days’ prior written notice of such election to terminate to Lessor. If Lessee exercises the Early Termination Right, then Lessee shall pay the Lease Termination Fee (as defined below) on or before the Early Termination Date. (ii) The Lease Termination Fee shall be equal to the sum of (a) the unamortized portion of the Additional Allowance as of the Early Termination Date; plus (b) reasonable attorney’s fees and unearned brokerage commissions paid by Lessor in connection with the early termination of the Lease.

Lessee’s Right to Terminate Lease. The Lessee may terminate this Lease by notice to the Lessor if: (a) the Lessor notifies the Lessee under clause 20.1(b) that the estimated time to rebuild the Building exceeds three (3) months from the date of the damage; (b) the Lessor gives a notice under clause 20.1(b) and the strata company does not restore or reinstate the Building or make the Premises fit for use by the Lessee within the estimated time and continues to fail to restore or reinstate the Premises or the Building so as to make the Premises fit for use within one (1) month after the Lessee gives to the Lessor a notice of intention to terminate this Lease; (c) the Lessor does not comply with clause 20.1; or (d) the Premises remain unfit for occupation and use for a period of at least three (3) months.

Lessee’s Right to Terminate Lease. Lessee shall have the right to terminate this Lease in the event that: (i) Hazardous Materials are found to exist in, under, on or about the Property which were not brought on to the Property by Lessee or any Related Person; or (ii) prior to the Rent commencement date, the Lessee shall have received a Phase I or Phase II environmental review, procured by the Lessee at its expense, identifying environmental concerns that were not created by Lessee or a Related Person and Lessee determines that such review is not satisfactory. For the purpose of this Section 11.4, Hazardous Materials shall not include any materials that are necessary for the conduct of Lessor’s operations on the Property provided such materials are maintained and disposed of in compliance with all Environmental Laws.

Lessee’s Right to Terminate Lease. Notwithstanding any provisions in this Lease to the contrary, Lessee shall have the right to terminate the Lease after December 31,1996 provided Lessee gives Lessor sixty (60) day prior written notice of Lessee's election to terminate the Lease. Lessee will be required to vacate no later than sixty (60) days from the date notice is given.

Lessee’s Right to Terminate Lease. The Lessee may terminate this Lease by notice to the Lessor if: (a) the Lessor notifies the Lessee under clause 20.1(b) that the estimated time to rebuild the Building exceeds three (3) months from the date of the damage; (REIWA LOGO) (C) COPYRIGHT REIWA 2004 02/04 R401 - Unauthorised copying prohibited (b) the Lessor gives a notice under clause 20.1 (b) and the strata company does not restore or reinstate the Building or make the Premises fit for use by the Lessee within the estimated time and continues to fail to restore or reinstate the Premises or the Building so as to make the Premises fit for use within one (1) month after the Lessee gives to the Lessor a notice of intention to terminate this Lease; (c) the Lessor does not comply with clause 20.1; or (d) the Premises remain unfit for occupation and use for a period of at least three (3) months.