Common use of Termination of Lease or Possession Clause in Contracts

Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 12 contracts

Samples: Office Lease (Xedar Corp), Lease (Microvision Inc), Lease (Concur Technologies Inc)

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Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's ’s possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's ’s sole cost, remove any of Tenant's ’s signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 5 contracts

Samples: Sublease Agreement, Lease (Wageworks, Inc.), Commercial Sublease Agreement (CreditCards.com, Inc.)

Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's ’s possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises in accordance with applicable laws and may, at Tenant's ’s sole cost, remove any of Tenant's ’s signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 3 contracts

Samples: Sublease Agreement (Juno Therapeutics, Inc.), Lease (Juno Therapeutics, Inc.), Lease (Juno Therapeutics, Inc.)

Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's ’s possession of the Leased Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Leased Premises and deliver possession to Landlord, and Landlord may repossess the Leased Premises and may, at Tenant's ’s sole cost, remove any of Tenant's ’s signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 2 contracts

Samples: Office Lease (Shattuck Labs, Inc.), Office Lease (Amplify Snack Brands, INC)

Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of all or any portion of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 2 contracts

Samples: Lease (Corillian Corp), Lease (Corillian Corp)

Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's Tenants possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, may remove any of Tenant's ’s signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 2 contracts

Samples: Lease (Federal Home Loan Bank of Chicago), Lease (Federal Home Loan Bank of Chicago)

Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.either

Appears in 1 contract

Samples: Success Bancshares Inc

Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, may remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 1 contract

Samples: Lease (Florsheim Shoe Co /De/)

Termination of Lease or Possession. If Tenant defaults, ----------------------------------- Landlord may elect by notice to Tenant given at any time before Tenant shall have cured the default either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 1 contract

Samples: Lease (Saflink Corp)

Termination of Lease or Possession. If Tenant defaults, then Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 1 contract

Samples: Lease Agreement (Icos Corp / De)

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Termination of Lease or Possession. If Tenant defaultsan Event of Default occurs, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's ’s possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's ’s sole cost, remove any of Tenant's ’s signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 1 contract

Samples: Lease (Time Warner Telecom Inc)

Termination of Lease or Possession. If Tenant defaultsdefault, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 1 contract

Samples: Lease (Calibrus, Inc.)

Termination of Lease or Possession. If Tenant defaults, Landlord ---------------------------------- may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, may remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 1 contract

Samples: Lease (Focal Communications Corp)

Termination of Lease or Possession. If Tenant defaultsdefaults as defined ----------------------------------- in Section 12 above, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant.

Appears in 1 contract

Samples: Lease (Watchguard Technologies Inc)

Termination of Lease or Possession. If Tenant defaults, Landlord may elect by notice to Tenant either to terminate this Lease or to terminate Tenant's possession of the Premises without terminating this Lease. In either case, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord may repossess the Premises and may, at Tenant's sole cost, remove any of Tenant's signs and any of its other property, without relinquishing its right to receive Rent or any other right against Tenant. Ownership of Tenant's property shall remain with the Tenant.

Appears in 1 contract

Samples: Office Lease Agreement (Ready Mix, Inc.)

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