TENANT’S BREAK CLAUSE Sample Clauses

TENANT’S BREAK CLAUSE. 3.1 The Tenant may serve a notice on the Landlord indicating its desire to terminate this lease at any time on not less than three months' prior written notice ("Termination Notice"). 3.2 If at the date specified by the Tenant in a Termination Notice ("Termination Date"), the Tenant has: 3.2.1 paid all sums due from it under this lease for the part of the Term up to and including the Termination Date (insofar as they are then ascertainable and have previously been demanded by the Landlord); and 3.2.2 ceased to occupy the Property and determined any interest deriving out of this lease, then: 3.2.3 this lease will determine on the Termination Date but this will not affect the rights of any party for any prior breach of an obligation in this lease; and 3.2.4 the Landlord will repay the Tenant any amounts paid to it by the Tenant before the Termination Date which relate to a period after the Termination Date but the Landlord may deduct from those amounts a sum that it properly believes covers sums due to it under this lease in arrear where such sums are not then ascertainable. 3.3 The Landlord may waive any of the pre-conditions set out in paragraph 3.2.1 and 3.2.2 of this part 8 of schedule 3 at any time before the Termination Date by written notice to the Tenant.

TENANT’S BREAK CLAUSE. 8.1 In this clause the “Termination Date” is the fifth anniversary of the date of this Underlease 8.2 Subject to the pre-conditions in clause 8.3 being satisfied on the Termination Date the Tenant may terminate the Term on the Termination Date by giving the Landlord not less than six months’ written notice specifying the Termination Date following which the Term will then terminate on the Termination Date but without prejudice to any claim by a party in respect of any antecedent breach of any obligation of any other party under this Underlease 8.3 The pre-conditions are that:- 8.3.1 the Yearly Rent due up to and including the Termination Date has been paid in full; and 8.3.2 vacant possession of the whole of the Premises is given to the Landlord 8.4 The Landlord may waive the pre-condition in clause 8.3.1 at any time before the Termination Date by written notice to the Tenant 8.5 If any Rents have been paid by the Tenant in relation to the period falling after the Termination Date they will be refunded by the Landlord to the Tenant within twenty-one days of the Termination Date and each of the Rents to be refunded will be apportioned at the Termination Date in accordance with the following formula:- where:-

TENANT’S BREAK CLAUSE. 2.1. The Landlord agrees that the Tenant has the right to terminate the Tenancy on or after the first <<insert period>> by giving the Landlord not less than <<insert period>> prior notice in writing to be served by first class post or hand delivery to the address specified in clause 5.1 of Schedule 2 of the Tenancy Agreement to end the Tenancy. When the notice period expires the Tenancy Agreement shall cease. This Notice does not affect the rights of either the Landlord or the Tenant to pursue their legal remedies against the other for any existing breach of any rights under the Agreement.

TENANT’S BREAK CLAUSE. The Tenant shall have the right to terminate the tenancy at the end of the first six month period by giving to the Landlord not less than 60 clear days notice in writing to that effect and upon the expiration of such Notice this Agreement and everything herein contained shall cease and be void subject nevertheless to the right of the parties in respect of any antecedent breach of any of the covenants herein contained. The period of 60 days notice must expire at the end of a period of the tenancy being the ……………….(date)… of the month. (Clauses 1.21 and 1.22 must be included together)

TENANT’S BREAK CLAUSE. The Landlord agrees that the Tenant has the right to terminate the Tenancy on or after the first six months by giving the Landlord not less than two months prior notice in writing to be served by first class post or hand delivery to the address specified in clause 1.4. or if documents are served by electronic service to the e mail address of the Landlord or the Agent, to end the Tenancy.

TENANT’S BREAK CLAUSE. In this clause "DETERMINATION DATE" means 1 September 2013.

TENANT’S BREAK CLAUSE. The Tenant will have the right to break the lease at the end of the 5th year of the term and every 5 years thereafter. To exercise the right to break the Tenant must give the Landlord 6 months' prior written notice. The break right is conditional on the Tenant returning the Property free of occupational interests and charges and in accordance with the repairing obligations under the lease. 16. Maintenance 16.1 The Tenant will contribute towards its shared use of the access, Landlord car park and enhanced sports pitch. The amount will be calculated as a fair proportion of the total maintenance expenditure based on usage 16.2 An appropriate annual maintenance cap to be agreed, to include if appropriate a sinking fund

TENANT’S BREAK CLAUSE. 11.1 If the Tenant wishes to determine this Lease on the Tenant’s Break Date and the Tenant gives to the Landlord notice in writing to that effect such notice to be received by the Landlord not later than six months before the Tenant’s Break Date (as to which time shall be of the essence) and if on the Tenant’s Break Date: 11.1.1 there are no arrears of the Basic Rent; and 11.1.2 the Tenant delivers up possession of the Property free from occupation by any third parties and without any subsisting underleases then this Lease shall determine and the Term shall end on the Tenant’s Break Date but without prejudice to the rights and remedies of the Landlord in respect of any antecedent breach non-observance or non-performance of any of the Tenant’s covenants or the conditions contained in this Lease. 11.2 The conditions in this clause 11 are for the benefit of the Landlord. If such notice is given but any such condition is not satisfied the Landlord may in its absolute discretion elect that such notice shall nevertheless have effect (without prejudice to any other rights of the Landlord). 11.3 If this Lease ends on the Break Date, the Landlord is to repay to the Tenant within ten working days after the Break Date any part of the Basic Rent that has been paid by the Tenant in advance under the Lease that relates to the period after (but not including) the Break Date.

TENANT’S BREAK CLAUSE. The Tenant may determine this Lease at any time after the third anniversary of the commencement of this Lease by giving not less than 6 months prior written notice and upon the expiration of such notice the Term shall cease and determine without prejudice to the rights of either party against the other in respect of any antecedent breach of covenants. Termination by the Tenant is conditional upon: 8.8.1 The Tenant having paid the rents reserved by this lease in this lease up to the date of expiry of the notice and; 8.8.2 On expiry of the notice the Tenant delivering up to the Landlord the whole of the Property with vacant possession