Tenants Rights to Terminate Sample Clauses

Tenants Rights to Terminate. Notwithstanding anything to the contrary elsewhere in this Paragraph 12, in the event either the Premises or Building is damaged or destroyed by fire or other casualty, and (a) Landlord’s Restoration Period Estimate indicates that the restoration obligations of Landlord described above cannot reasonably be completed within the period of two hundred seventy (270) days following the date of such casualty as reasonably determined by Landlord, or (b) if Landlord undertakes such restoration and subsequently fails to complete the same within two hundred seventy (270) days following the date of the casualty, then in any of such events Tenant may terminate this Lease by delivering written notice thereof to Landlord within twenty-one (21) days following receipt by Tenant of Landlord’s estimated timeline to complete repairs if the termination relates to (a) above, or within twenty-one (21) days following Landlord’s failure to timely complete the repairs if the termination relates to (b) above (unless Landlord actually completes such repairs within twenty-one (21) days after receipt of Tenant’s notice of termination).
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Tenants Rights to Terminate. Following a Major Casualty, Tenant shall have the right to terminate this Lease upon written notice to Landlord within thirty (30) days after the date Landlord delivers the Damage Report to Tenant. If Landlord undertakes the repairs required to be made by Landlord hereunder and fails to Substantially Complete same within sixty (60) days beyond the Estimated Restoration Date, then and in such event Tenant shall have the option to terminate this Lease upon written notice to Landlord at any time following expiration of said 60-day period, which termination shall be effective as of the thirtieth (30th) day following the receipt by Landlord of such notice unless Landlord has Substantially Completed the repairs by said thirtieth (30th) day. Tenant shall have the right to terminate this Lease within thirty (30) days after receipt of an Insufficient Insurance Proceeds Notice unless Landlord has agreed to fully comply with its restoration obligations hereunder notwithstanding the unavailability of insurance proceeds. In addition, Tenant, by notice to Landlord within thirty (30) days after the date of the Casualty, shall have the right to terminate this Lease if: (a) a Minor Casualty has occurred and there are fewer than two (2) years of the Term remaining on the date of the Casualty; or (b) a material uninsured loss to the improvements that Tenant is required to repair hereunder occurs and same is not the result of Tenant's breach of its insurance obligations in this Lease.
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Tenants Rights to Terminate 
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Related to Tenants Rights to Terminate

  • Tenant’s Right to Terminate If the Leased Premises, the Building or the Outside Area are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to this Article, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be complete. Tenant shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

  • Landlord’s Right to Terminate Landlord shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Tenant of a written notice of election to terminate within thirty days after the date of such damage or destruction:

  • Option to Terminate The Client and Contractor shall: (check one) ☐ - Have the option to terminate this Agreement at any time by providing days’ written notice. ☐ - Not have the option to terminate this Agreement unless there is reasonable cause, as defined in Section VII.

  • Licensee’s Right to Terminate Licensee may, at its option, without prejudice to any other remedies it may have, terminate this agreement by giving written notice of such termination to Licensor as follows: (a) immediately, in the event that Licensor abandons the Licensed Marks or otherwise ceases to support the Licensed Marks in Licensor's business; or (b) immediately in the event of the occurrence of a Bankruptcy with respect to Licensor; or (c) immediately in the event of an occurrence of termination pursuant to Section 13.2(d).

  • Tenant’s Rights If a material portion of the Premises is damaged by Casualty such that Tenant is prevented from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Casualty and Landlord estimates that the damage caused thereby cannot be repaired within one hundred eighty (180) days after the commencement of repairs (the “Repair Period”), then Tenant may terminate this Lease by delivering written notice to Landlord of its election to terminate within thirty (30) days after the Damage Notice has been delivered to Tenant.

  • Executive’s Right to Terminate Notwithstanding the provisions of paragraph 2.1, Executive shall have the right to terminate his employment under this Agreement for any of the following reasons:

  • Our Right to Terminate We may terminate this Client Agreement and close your Account and any Position at any time by giving you thirty (30) days’ written notice. This right is in addition to any other rights to terminate this Client Agreement or close your Account that we may have under this Client Agreement.

  • OPTION TO TERMINATE AGREEMENT In the event that any payment otherwise due from the Applicant to the District under Article IV, Article V, or Article VI of this Agreement with respect to a Tax Year is subject to reduction in accordance with the provisions of Section 7.1, then the Applicant shall have the option to terminate this Agreement. The Applicant may exercise such option to terminate this Agreement by notifying the District of its election in writing not later than the July 31 of the year following the Tax Year with respect to which a reduction under Section 7.1 is applicable. Any termination of this Agreement under the foregoing provisions of this Section 7.2 shall be effective immediately prior to the second Tax Year next following the Tax Year in which the reduction giving rise to the option occurred.

  • Right to Terminate Either Party may unilaterally terminate this Annex by providing thirty (30) calendar days written notice to the other Party.

  • Your Right to Terminate You may also terminate this Client Agreement or close your Account at any time by giving us written notice. Your Account will be closed as soon as reasonably practicable after we have received notice, all open Contracts are closed, Orders are cancelled, and all of your obligations are discharged.

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