Common use of Tenant’s Right to Terminate Clause in Contracts

Tenant’s Right to Terminate. Tenant shall have the right to terminate this Lease following damage to or destruction of all or a substantial portion of the Premises if the Premises are destroyed or damaged during the last twenty-four (24) months of the Term or any Extension, which termination shall be deemed to constitute a Termination Condition.

Appears in 9 contracts

Samples: Lease Agreement (Ascend Wellness Holdings, LLC), Lease Agreement (Ascend Wellness Holdings, LLC), Lease Agreement (Ascend Wellness Holdings, LLC)

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Tenant’s Right to Terminate. Tenant shall have the right to terminate this Lease following damage to or destruction of all or a substantial portion of the Premises if the Premises are destroyed or damaged during the last twenty-four twelve (2412) months of the Term or any ExtensionTerm, which termination shall be deemed to constitute a Termination Condition.

Appears in 5 contracts

Samples: Lease Agreement (Innovative Industrial Properties Inc), Lease Agreement (Innovative Industrial Properties Inc), Lease Agreement (Innovative Industrial Properties Inc)

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Tenant’s Right to Terminate. Tenant shall have the right to terminate this Lease following damage to or destruction of all or a substantial portion of the Premises if the Premises are destroyed or damaged during the last twenty-four (24) months of the Term or any ExtensionTerm, which termination shall be deemed to constitute a Termination Condition.

Appears in 2 contracts

Samples: Lease Agreement (Innovative Industrial Properties Inc), Purchase and Sale Agreement and Joint Escrow Instructions (Innovative Industrial Properties Inc)

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