Lease Termination Option definition

Lease Termination Option means the option of an Eligible Lessee to have the
Sample 1Sample 2Sample 3
Lease Termination Option shall have the meaning set forth in Section 2.9.
Sample 1

Examples of Lease Termination Option in a sentence

  • Chamas, A., Pham, H., T., M., Jähne, M., Hettwer, K., Gehrmann, L., Türk, J., Uhlig, S., Simon, K., Baronian, K., Kunze, G.

  • Claimants who have elected the Buyback or Lease Termination Option will be able to schedule online, or by telephone, an appointment with Volkswagen to take their Eligible Vehicles to their preferred Volkswagen or Audi Dealer for the settlement.

  • In addition to certain sexual behaviors, child sexual abuse has a number of characteristics.

  • The Dealer’s journey in the Buyback/Early Lease Termination Option is outlined in the graphic below.

  • Provide grout complying with ASTM C-94, and consisting of one part Portland cement, 2-1/2 parts sand, two parts 1/2" aggregate and adequate water to produce a concrete of approximately five inches slump.

  • The Employment Court in the Postal Workers Union case recognised that there was nothing in s 67C(2)(a) of the Act that suggested that the quantum of each (agreed and guaranteed hours) could not be the same.

  • Michel Suignard: We can go with the current information; by default we can use the source for the new character from IRG database.

  • Notwithstanding anything to the contrary set forth in this Section, if it is determined after Commission Approval of the imposition of Expenses to tenants of the Building and/or the Facility that Tenant's Proportionate Share of Expenses would exceed thirty percent (30%) of the Base Rent then payable by Tenant, then provided that there is no uncured Event of Default, then Tenant shall have the option to terminate this Lease ("Termination Option") in accordance with the terms and conditions of this Section.

  • WHEREAS, LATAM Parent, with the consent of the 1801 Lessor and the Security Agent, has decided to exercise the 1801 Lease Termination Option with respect to the 1801 Lease Agreement (the “ 1801 Lease Termination Agreement”).4 3 A copy of the 1825 Lease Termination Agreement is attached hereto as Exhibit 1.

Related to Lease Termination Option

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Renewal Option has the meaning set forth in §12.1.

  • Lease Termination Date means the last day of the Lease Term.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Early Termination Conditions means the types of conditions listed in Schedule A.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Compensation Options has the meaning ascribed thereto on the face page of this Agreement;

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Option to Extend has the meaning given that term in Section 2.13.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).