Common use of Non-Approval Clause in Contracts

Non-Approval. In the event that any application necessary under Subsection 3(a) above is rejected or any certificate, permit, license or approval issued to Tenant is canceled, denied, expires, lapses or is otherwise withdrawn or terminated by government authority so that Tenant, in its sole discretion, will be unable to use the Leased Premises for its intended purposes, or if an interference or engineering study, whether conducted pursuant to Subsections 3(b) and 3(c) above or otherwise, should indicate, in Tenant’s sole discretion, that the Leased Premises are unsatisfactory for Tenant’s intended use, Tenant shall have the right to terminate this Sublease and no further rent shall be due following the Termination Date. Notice of Tenant’s exercise of its right to terminate pursuant to this Subsection shall be given to Landlord in writing as provided in accordance with Section 25, Notices, of this Sublease. Except as required under Subsection 15(d) below, upon such termination, this Sublease shall become null and void and the parties shall have no further obligation to each other.

Appears in 1 contract

Sources: Site Sublease Agreement

Non-Approval. In the event that any application necessary under Subsection 3(a4(a) above is rejected or any certificate, permit, license or approval issued to Tenant is canceled, denied, expires, lapses or is otherwise withdrawn or terminated by government authority so that Tenant, in its sole discretion, will be unable to use the Leased Premises for its intended purposes, or if an interference or engineering study, whether conducted pursuant to Subsections 3(b4(b) and 3(c4(c) above or otherwise, should indicate, in Tenant’s sole discretion, that the Leased Premises are unsatisfactory for Tenant’s intended use, Tenant shall have the right to terminate this Sublease and no further rent Rent shall be due following the Termination Datetermination date. Notice of Tenant’s exercise of its right to terminate pursuant to this Subsection shall be given to Landlord in writing as provided in accordance with Section 2527, Notices, of this Sublease. Except as required under Subsection 15(d) belowotherwise stated in this Sublease, upon such termination, this Sublease shall become null and void and the parties shall have no further obligation to each other.

Appears in 1 contract

Sources: Site Sublease Agreement