Termination of Possession definition

Termination of Possession for the interpretation of this Article 11.7, shall mean the date on which the Lease actually ends, even if this falls before the contractual date of expiry hereof.
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Examples of Termination of Possession in a sentence

  • Furthermore, as part of the notice of Termination of Possession or by separate notice at any time after Termination of Possession, Landlord may accelerate Rent owing under this Lease for the remainder of the Term.

  • REMOVAL OF PERSONAL PROPERTY 6 22.1 Right 6 22.2. Repairs 7 22.3 Early Termination of Possession 7 23.

  • Furthermore, as part of the notice of Termination of Possession, or by separate notice at any time after Termination of Possession, Sublandlord may accelerate Rent owing under this Sublease for the remainder of the Term.

  • Following Termination of Possession, (i) Tenant will have no further right to possess the Premises (even if Tenant cures all Events of Default) and (ii) Landlord may relet the Premises in Tenant’s name on terms acceptable to Landlord in its sole discretion (and Tenant appoints Landlord as its agent for this purpose).

  • Furthermore, following Termination of Possession and acceleration of Rent by Sublandlord, Subtenant will pay to Sublandlord the present value, discounted at the Discount Rate, of the difference between (i) the aggregate Base Rent and Additional Rent for the balance of the Term and (ii) the Fair Market Value Amount.

  • Landlord may also terminate this Lease at any time after a Termination of Possession.

  • Furthermore, following Termination of Possession, Tenant will pay Rent to Landlord monthly as it accrues, through the date that Landlord accelerates Rent (the “Rent Acceleration Date”).

  • Furthermore, following Termination of Possession, if Sublandlord has not accelerated Rent, Subtenant will pay Rent to Sublandlord each month as it accrues.

  • Sublandlord may also terminate this Sublease at any time after a Termination of Possession.