Lessor's Right to Terminate. Lessor shall have the right to terminate this Lease, pursuant to the following:
Lessor's Right to Terminate. The Lessor shall have the right to terminate this Agreement upon thirty (30) days prior written notice to the Lessee. If the Lessee fails to comply with any provision of this Agreement, the Borough may demand possession of the slip and the annual rent shall not be returned to Lessee.
Lessor's Right to Terminate. In the event of a Default by Lessee, Lessor shall have, in addition to any other remedies now or later available to Lessor hereunder or at law or equity, the right to terminate this Lease and Lessee's right to possession of the Premises by giving written notice of termination to Lessee, and Lessee shall in such event:
Lessor's Right to Terminate. Notwithstanding any contrary provision of this Article VIII, the Lessor has the option to terminate this Agreement and be relieved of the obligation to restore the Premises where all or substantially all of the Premises are substantially damaged or destroyed and such damage or destruction resulted from a cause not insured against by Sublessee and/or the Lessor nor required to be insured against by Sublessee and/or the Lessor under this Agreement.
Lessor's Right to Terminate. Without limiting the rights of Lessor in the event of a default by Lessee, Lessor shall at any time prior to acceptance of any Equipment have the right to terminate this Lease with respect to such Equipment if (a) there shall be an adverse change in Lessee's or any Guarantor's financial position or credit standing, or (b) Lessor otherwise in good xxxxx xxxxx itself insecure, or (c) such Equipment is not for any reason delivered to Lessee within 90 days or accepted by Lessee within 30 days after any estimated delivery date thereof specified in the Schedule describing such Equipment, or (d) Lessee rejects any Equipment in accordance with Paragraph 6 hereof. Upon any termination by Lessor pursuant to this Paragraph, Lessee shall forthwith reimburse to Lessor all sums paid by Lessor with respect to such Equipment and pay to Lessor all other sums then due hereunder; whereupon, if Lessee is not then in default and has then fully performed all of its obligations hereunder, Lessor will, upon request of Lessee, transfer to Lessee without warranty or recourse any rights that Lessor may then have with respect to such Equipment.
Lessor's Right to Terminate. If an Event of Default occurs the Lessor may terminate this Lease by:
Lessor's Right to Terminate. Lessee warrants and represents that it will use Premises in full compliance with state and local law. However, if at any time during the term of this Lease, Lessor receives written notice from a government official relating to any of the following “Early Termination Events”, due to Lessee’s presence in the Leased Premises: • Federal criminal prosecution for conspiracy to sell, produce, or transport an illegal drug or an impending federal RICO action; • Seizure of property under federal laws providing for forfeiture of assets by those involved in drug trafficking; • A substantiated “nuisance” claim for the smoke, odors, loiterers, or other marijuana related nuisance because of the Lessee’s Use. Enclosed: Exhibit A - Floor Plan Exhibit B - Legal Description Exhibit C – Holliston Tax Xxxx Exhibit D - Fair Market Value Exhibit E - Lessee Finish Work: Lessor Builds to Plans EXHIBIT D FAIR MARKET RENTAL VALUE Within a reasonable time after Lessor’s receipt of Lessee’s written notice of exercise of Lessee’s option to extend (which notice to extend must be received by Lessor prior to the deadline for same set forth herein), Lessor shall send written notice to Lessee of Lessor’s determination of the fair market rent during the option period. In the event Lessee does not accept Lessor’s determination of fair market rent, then Lessee shall deliver written notice of objection to Lessor within ten (10) days of Lessee’s receipt of Lessor’s notice of determination (the “Objection Period”). The failure of Lessee to deliver such written notice of objection to Lessor during the Objection Period shall be deemed acceptance by Lessee of Lessor’s determination of fair market rent. If the parties cannot agree within ten (10) days of Lessee’s written notice of objection (the “Negotiation Period”) on the fair market rental to be paid by the Lessee during any option period, the same shall be determined as follows:
Lessor's Right to Terminate a. The LESSOR shall have the right to terminate this agreement in its entirety immediately upon the happening of the following events:
Lessor's Right to Terminate. Lessor may elect to terminate this Lease, effective as of the date of the casualty, under the following circumstances:
Lessor's Right to Terminate. If, at any time during the term of this Lease (as extended, if applicable), the Lessor enters into a bona fide contract to sell the demised premises to a third party, then the Lessor shall have the option to terminate this Lease by giving at least sixty (60) days prior written notice to the Lessee by registered or certified mail, addressed to the demised premises. Immediately upon receipt of said notice, the Lessee shall begin the process of vacating the demised premises. If the Lessee decides to relocate its business to another location and such relocation cannot be accomplished within said sixty (60) day period, then the Lessor grants the Lessee an additional thirty (30) days in which to vacate the demised premises provided the Lessee is diligently pursuing relocation. After receipt of the notice herein provided, the parties agree that the fixed monthly Lease payments shall permanently; provided, however, that the Lessee shall still be responsible for the payment of all utilities and to otherwise keep the premises fully insured as hereinafter provided.
