OPTION TO DETERMINE. If upon the expiry of a period of one (1) year commencing as from the date of the damage or destruction rebuilding or reinstatement shall not have been commenced either the Lessee or the Manager (as the case may be) may by notice served on the other at any time within twelve (12) months thereafter invoke the provisions of paragraph 8 but only: where the commencement of such rebuilding or reinstatement has been prevented by Supervening Events; where the Supervening Events still subsist; and where the Lessee or the Manager has used all reasonable efforts to remove the Supervening Events.
OPTION TO DETERMINE. 6.8.1 If the Tenant
OPTION TO DETERMINE. 5.1 If the Premises (or any part) or any part of the Common Parts or External Areas required for the use of the Premises and the exercise of the rights granted to the Tenant in accordance with this Lease, are destroyed or damaged by an Insured Risk and the Landlord has not commenced rebuilding or reinstating the Premises and/or any such Common Parts and/or External Areas within two years of the damage or destruction occurring for any reason beyond the control of the Landlord either the Landlord or the Tenant may terminate this Lease with immediate effect by giving to the other written notice to that effect at any time after the expiry of the period of 2 years,
OPTION TO DETERMINE. 6.10.1 In case of damage to or destruction of the Premises or any part thereof by an Insured Risk, Tenant will promptly give written notice thereof to Landlord. Within twenty (20) days after the date Tenant has knowledge of such damage or destruction by an Insured Risk, Tenant shall provide Landlord with a written certification of the time period within which the Premises can be restored (the "Repair Estimate"). The Repair Estimate shall be subject to Landlord's approval, which approval shall not be unreasonably withheld, conditioned or delayed. If Landlord and Tenant cannot agree on the Repair Estimate, they shall submit the dispute to arbitration in accordance with Schedule 3 ("Arbitration"). If the Premises can be restored within 365 days after the date of such fire or other casualty (as set forth in the Repair Estimate, if approved by Landlord), Tenant shall promptly restore the Property in accordance with this Lease. If such restoration is anticipated to take more than 365 days to complete after the date of such damage or destruction by an Insured Risk (as set forth in the Repair Estimate if approved by Landlord), Tenant may terminate this Lease by providing written notice thereof to Landlord within sixty (60) days after Landlord's approval of Tenant's Repair Estimate.
OPTION TO DETERMINE. If the Tenant shall desire to terminate the Term and to quit the Premises on the date 29th September 1998 and shall give to the Landlord not less than twelve months previous notice in writing to that effect (in respect of which notice time shall be of the essence) then upon the expiration of such notice the term of years created by this underlease shall forthwith cease and determine but without prejudice to any remedy of either party against the other in respect of any antecedent claims or breach of covenant contained in this Lease and the Tenant shall deliver up vacant possession of the Premises
OPTION TO DETERMINE. 8.1 The Landlord may in the event it identifies suitable alternative accommodation for the Tenant within the Lakes Estate area of Bletchley terminate this lease at any time by giving the Tenant not less than six (6) months prior written notice (“Break Notice”) to that effect provide always that termination will not affect any rights or remedies available to either party for any prior breach of any of the covenants of this lease by the other. THE COMMON SEAL of THE ) COUNCILOF THE BOROUGH ) OF XXXXXX XXXXXX ) was hereto affixed in the presence of:- ) Authorised Signatory EXECUTED as a DEED by ) BLETCHLEY AND FENNY STRATFORD TOWN COUNCIL ) acting by two Councillors in ) the presence of the Clerk :- ) ………………………………………………. Councillor ……………………………………………….. Councillor
OPTION TO DETERMINE. If the Tenant shall desire to determine this Lease on the first anniversary of the commencement of the Term or at any time thereafter during the Term (the “Break Date”) and shall give not less than 6 months written notice of such desire to the Landlord and shall have paid Rent and all other sums due form the Tenant to the Landlord under the terms of this Lease up to the Break Date and shall on the Break Date give vacant possession of the Property to the Landlord then at the expiration of the said 6 month written notice period this Lease and everything herein contained shall cease and determine but without prejudice to any claim by the Landlord or the Tenant in respect of any antecedent breach of any covenant condition or agreement herein contained.
OPTION TO DETERMINE. If the Premises or the Building shall be so damaged or destroyed by any of the Insured Risks as to render them substantially unfit for use and occupation or inaccessible and if the Superior Landlord does not reinstate or rebuild them at the end of 4 years and 11 months from the date of damage or destruction, then the Landlord or the Tenant may at any time thereafter determine this Lease by giving to the other not less than 1 month’s written notice to be given at any time but such determination shall be without prejudice to any claim which the Landlord may have against the Tenant or any Guarantor or which the Tenant may have against the Landlord for any previous breach of covenant or sum previously accrued due.
OPTION TO DETERMINE. 7.7.1 The Tenant may terminate the Contractual Term on the date (“the Break Date”) at the end of the fifth year of the Contractual Term by giving to the Landlord not less than six months’ previous notice in writing (a “Break Notice”) expiring on the Break Date;
OPTION TO DETERMINE. 10.1 If the Tenant wishes to determine this Lease at the expiration of the tenth or fifteenth years of the Term (each of which such dates is hereinafter called ‘Termination Date’) and shall give to the Landlord not less than nine months prior notice in writing expiring on a Termination Date and shall in respect of the period up to the time of determination pay the rents reserved by this Lease (provided in the case of any sums due other than the yearly rent the Tenant shall have received a written demand for the same not less than fourteen days prior to the relevant Termination Date) then without limiting clause 10.2 upon the expiry of such notice the Term shall immediately cease and determine but without prejudice to the rights of either party in respect of any antecedent claim or breach of covenant
