Common use of Termination by Developer Clause in Contracts

Termination by Developer. Developer may terminate this ------------------------ Lease in the event Developer is unable to secure an extended coverage leasehold policy of title insurance, within ninety (90) days following execution of this Lease containing only those exceptions approved by Developer, provided, however, that Developer shall have first given Landlord sixty (60) days notice of its intention to terminate during which time Landlord shall have an opportunity to cure the deficiency.

Appears in 2 contracts

Sources: Lease Agreement (Kilroy Realty Corp), Lease Agreement (Kilroy Realty Corp)

Termination by Developer. Developer may terminate this ------------------------ Lease in the event Developer is unable to secure an extended coverage leasehold policy of title insurance, within ninety (90) days following execution of this Lease containing only those exceptions approved by be Developer, provided, however, that Developer shall have first given Landlord sixty (60) days notice of its intention to terminate during which time Landlord shall have an opportunity to cure the deficiency.

Appears in 1 contract

Sources: Lease Agreement (Kilroy Realty Corp)