Common use of Promise Clause in Contracts

Promise. Lessee promises not to terminate the Agreement before it expires unless there is force majeure or serious breach of Agreement by the lessor. If the Agreement is terminated or is impossible to perform due to lessee’s fault, lessor is entitled to confiscate the deposit money and require lessee to pay the rents and other fees which is due on the original terminating date.

Appears in 3 contracts

Sources: Lease Agreement (Tom Online Inc), Lease Agreement (Tom Online Inc), Lease Agreement (Tom Online Inc)