Common use of Prior Termination Clause in Contracts

Prior Termination. a) If, during the term of this lease, the LESSOR, through the Department of Environmental Management, determines that the leased Premises are desired by the LESSOR for an alternative public use, and upon written notice given six (6) months in advance by the LESSOR to the LESSEE to vacate, this lease shall be terminated and thereupon declared at an end; and both the LESSOR and the LESSEE shall be fully released and discharged of all of the terms, covenants, and conditions of this lease provided the LESSEE has paid the LESSOR all accrued rental and other charges that may be due under this provision during the term of this lease; and in the event a portion of the demised premises is so desired, all terms, covenants, and conditions of this lease shall remain in full force and effect, except that the LESSOR shall prorate the annual rental for each remaining year of the lease to compensate for the acreage taken; and except that LESSEE shall be entitled to enter upon the demised premises to harvest and remove any crops within 6 months of such termination. b) In the event the LESSEE shall fail to pay the rent or in the case of failure on the part of the LESSEE to perform and adhere to all of the covenants and agreements contained in this lease, and such failure shall continue for more than fifteen (15) days or longer than is reasonably necessary and requisite to correct the failure, after written notice has been given by the LESSOR to the LESSEE specifying the existence and nature of the default, the LESSOR shall be at the liberty to enter upon and take immediate possession of the leased premises and declare this lease at an end.

Prior Termination. a) If, during the term of this lease, the LESSOR, LESSOR through the its Department of Environmental Management, determines that the leased Premises Premises, or any part thereof, are desired by the LESSOR for an alternative alternate public use, and upon written notice given six (6) months in advance by the LESSOR to the LESSEE to vacate, this lease shall be terminated and thereupon declared at an end; , to the extent of the Premises is so desired, and in the event the entire Premises is so desired, both the LESSOR and the LESSEE shall be fully released and discharged of all and any of the terms, covenants, covenants and conditions of this lease lease, provided the LESSEE has paid to the LESSOR all accrued rental and other charges that may be due under this provision during the term of this lease; , and in the event a portion of the demised premises Premises is so desired, all terms, covenants, and conditions of this lease shall remain in full force and effect, except that the LESSOR shall prorate the annual rental for each remaining year of the lease to compensate for the acreage portion taken; . a) In the event that any portion of the Premises on which there is an existing building is terminated, and except that the termination is so substantial as to prevent the LESSEE from maintaining its retail or related businesses on the Premises, LESSEE shall have the right to terminate this lease in its entirety. In such event, LESSEE shall be entitled to enter upon receive from LESSOR for any such termination such sums as are necessary to compensate it for the demised premises to harvest and remove any crops within 6 months loss of such terminationthe existing buildings on the Premises, which sums shall not exceed the actual costs which would be incurred by ▇▇▇▇▇▇ in constructing or replacing the buildings on the Premises. b) In the event the LESSEE shall fail to pay the quarterly installment of rent within fifteen (15) days subsequent to the first business day of each and every quarter (and it shall not be required that any demand be made for same), or in the case of failure on the part of the LESSEE to perform and adhere to all of the covenants and agreements contained in this lease, and such failure shall continue for more than fifteen (15) days or longer than is reasonably necessary and requisite to correct the failure, after written notice has been given by the LESSOR to the LESSEE specifying the existence and nature of the default, the LESSOR shall be at the liberty to enter upon and take immediate possession of the leased premises Premises and declare this lease at an end.