Right of Early Termination. Landlord grants to Tenant the right to terminate this Lease as of June 30, 2023 (the “Early Termination Date”), on the following conditions:
Right of Early Termination. The City may terminate this Agreement for convenience at any time upon not less than sixty (60) days written notice of its intention to terminate; EnviroCentre may terminate this Agreement for convenience at any time upon not less than sixty (60) days written notice of its intention to terminate; In the event of a termination notice being given by either party:
Right of Early Termination. Until the issuance of the Notice to Proceed, the Owner, without cause, shall have the right to terminate the Contract by giving notice of termination to the Contractor, which termination shall be effective, unless otherwise indicated in the notice, as of the date of receipt.
Right of Early Termination. Provided the Lessee is not and has not been in default under the terms and conditions of the Lease, it shall have a Right of Early Termination of this Lease. The notice may only be given after the Eighteenth (18th) month of the Term is completed. Lessee must advise Lessor of its intention to terminate with a Six (6) months written notice, failing which, the Right of Early Termination will be null and void. Therefore, the earliest date Lessee can move out of the Premises is June 30th, 2013.
Right of Early Termination. Article 7 of the First Addendum to the Lease - Additional Premises and Renewal of the Combined Premises dated January 19th, 2011 is hereby deleted.
Right of Early Termination. The effective term of this contract shall be compulsory for THE PROMISSOR and voluntary for THE EXPLORATION COMPANY, which in consequence, may terminate it at any time by giving THE PROMISSOR written notification thirty days prior to the termination date. Nevertheless, THE PROMISSOR shall also have the right to terminate this contract at any time when THE EXPLORATION COMPANY should fail to comply with any of the obligations agreed hereby.
Right of Early Termination. (A) Tenant shall have the right to cancel this Lease, effective on or after April 30, 2021 with nine (9) months prior written notice, accompanied by a bank check for the sum of the following: (i) the unamortized free fixed rent and OWNER’s Work; and (ii) an amount equal to six (6) months of the then escalated rent as specified in subparagraph 41(B) as of the date of the required notice, minus the electrical inclusion referenced in subparagraph 4l(E) hereof, as shown in Schedule “B” annexed hereto. Notice may not be given prior to July 31, 2020.
Right of Early Termination. The Tenant will have a unilateral right to terminate the Lease Agreement and vacate the Premises early by giving written notice to the Landlord, with effect from the day that falls three (3) years after the definitive start date, subject to 12 months’ notice being given. If this right of early termination is exercised, the Tenant will pay a one-off sum of SEK 13,000,000 in remuneration to the Landlord when returning the Premises. As this amount constitutes compensation, no VAT will be payable. Remuneration under this clause must be paid no later than 10 days after an approved exit inspection, but no earlier than five (5) days after the Exit Date. In the event of arrears in payment, interest will be charged according to Section 5 of the Swedish Interest Act until full payment has been made. The amount will be paid as a supplement to the last rent payment.
Right of Early Termination. If Landlord cancels or terminates the Master Services Agreement (or if Tenant terminates pursuant to a right of Tenant to terminate because Landlord is in default beyond applicable cure periods) and such cancellation or termination is effective prior to the Stated Expiration Date, then Tenant may elect either to (i) terminate this Lease; or (ii) remain in the Premises for the remainder of the initial Term. If Tenant elects to terminate, such election shall be exercised by written notice provided to Landlord not later than thirty (30) days following the date of such cancellation or termination of the Master Services Agreement. If Tenant elects to terminate this Lease, Tenant may also elect, within the same written notice, to holdover for a period not to exceed six (6) calendar months following the date of such termination. Upon such early termination, Landlord shall reimburse Tenant for the Base Rent allocable to the Initial Premises only for the portion of the initial Term of this Lease (up to the Stated Expiration Date) which remains following the date Tenant vacates the entire Premises, at the annual rate of [***]* per square foot discounted to net present value at the ninety (90) day LIBOR rate as of the date Tenant vacates the entire Premises. Such reimbursement of Base Rent shall be payable within ninety (90) days after (i) this Lease has terminated, or (ii) Tenant has vacated the Premises, whichever shall be later. If Tenant elects to holdover as provided above, and the holdover period extends beyond the Stated Expiration Date, then Tenant shall pay Base Rent during such extended period equal to the Market Rate determined in accordance with the provisions of Exhibit E only for the portion of such holdover period which extends beyond the Stated Expiration Date.
Right of Early Termination. In addition to the right to terminate this Agreement in the event of a default by the other party, University may, at any time during the Term of this Agreement, elect to terminate the Agreement without cause upon not less than one hundred eighty (180) days’ prior written notice to Licensee. In the event that the University exercises the right to terminate under this Section within the first five (5) years of the Initial Term, Licensee shall be entitled to receive from the University, within thirty (30) days after the effective date of such termination, a reimbursement payment in an amount equal to lesser of (i) the unamortized balance of Licensee’s documented cost of the permitted permanent improvements to the Premises paid by Licensee (as amortized on a straight-line basis beginning on the Commencement Date and over a -year useful life), or (ii) $ .
