Common use of Redevelopment Clause in Contracts

Redevelopment. To cancel this Lease at any time by giving Tenant at least twelve (12) months' prior written notice from the first day of any calendar month but only in the event Landlord intends to demolish the Building or intends to permit a major alteration to the Building, which in the judgment of Landlord requires vacancy of the Building.

Appears in 2 contracts

Sources: Lease (Visualant Inc), Office Lease (Cost U Less Inc)