Vacate Period definition
Examples of Vacate Period in a sentence
If Seller fails to notify Purchaser prior to the expiration of the Vacate Period of Seller’s election to add Vacate Space as Leased Premises under the Master Lease Agreement, Seller shall be deemed to have elected to vacate such Vacate Space prior to the expiration of the Vacate Period.
If Level 3 is not able to provide such six-month Vacate Period, Level 3 will provide as much Vacate Period as Level 3 is legally able to provide.
Unless Seller makes a timely election to add the Vacate Space as Lease Premises under the Master Lease Agreement, Purchaser may terminate Seller’s right to possess and occupy the Vacate Space at any time following the expiration of the Vacate Period and thereafter pursue actions at law or in equity to recover immediate possession the Vacate Space.