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

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

Appears in 3 contracts

Samples: Lease (United Defense Lp), United Defense Lp, United Defense Lp

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Tenant’s Right to Terminate. If the Premises Improvements are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2Paragraph 14.B, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord Tenant may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty fifteen (3015) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

Appears in 2 contracts

Samples: Lease Agreement (Cybersource Corp), Lease Agreement (Microcide Pharmaceuticals Inc)

Tenant’s Right to Terminate. If the Leased Premises are damaged by any peril Peril not caused by Tenant, and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2section 11.2 of this Lease, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's ’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 30 days after Tenant receives from Landlord the Tenant’s receipt of Landlord’s contractor’s estimate of the time needed to complete such restoration:

Appears in 2 contracts

Samples: Acceptance Agreement (Nevro Corp), Acceptance Agreement (Nevro Corp)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's ’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 15 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 2 contracts

Samples: Acceptance Agreement (Nassda Corp), Lease (Concentric Medical Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph §11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's ’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty fifteen (3015) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Tenant Improvement Agreement (ALPHA & OMEGA SEMICONDUCTOR LTD)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's Xxxxxxxx’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) days after Tenant Xxxxxx receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Industrial Space Lease (Neophotonics Corp)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord andLandlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2paragraph11.2, then as soon as reasonably practicable, but in no event later than 45 days after the date of the damage, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 10 business days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Lease (New Focus Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty fifteen (3015) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Lease (Terayon Communication Systems)

Tenant’s Right to Terminate. If the Leased Premises are damaged by any peril Peril not caused by Tenant, and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2section 11.2 of this Lease, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's ’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 30 days after Tenant receives from Landlord the date of Landlord’s contractor’s estimate of the time needed to complete such restoration:

Appears in 1 contract

Samples: Acceptance Agreement (Sight Sciences, Inc.)

Tenant’s Right to Terminate. If the Premises Improvements are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2Paragraph 16(b), then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant 25 as to when the restoration work required of Landlord Tenant may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty fifteen (3015) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

Appears in 1 contract

Samples: Lease Agreement (Cisco Systems Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's ’s licensed architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty fifteen (3015) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Intevac Inc)

Tenant’s Right to Terminate. If the Premises Improvements are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2Paragraph 16.B, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty fifteen (3015) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

Appears in 1 contract

Samples: Mips Technologies Inc

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's Xxxxxxxx’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 15 days after Tenant Xxxxxx receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Acceptance Agreement (IDEAYA Biosciences, Inc.)

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Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph Paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty fifteen (3015) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Caliper Technologies Corp

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's ’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 30 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: By and Between (American Science & Engineering Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2P.11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right might to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 15 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Interior Improvement Agreement (Cylink Corp /Ca/)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2¶11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's ’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by be delivery to Landlord of a written notice of election to terminate within thirty (30) 15 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Sublease Agreement (Meru Networks Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph Paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 15 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Sublease Agreement (Tivo Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph Section 11.2, then as soon as reasonably practicablewithin sixty (60) days, Landlord shall furnish Tenant with the written opinion of Landlord's ’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) 15 business days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:.

Appears in 1 contract

Samples: Acceptance Agreement (Barracuda Networks Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to paragraph 11.2this Paragraph 17, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's ’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within thirty (30) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

Appears in 1 contract

Samples: Lease (Nuvelo Inc)

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