Common use of Terminate the Lease Clause in Contracts

Terminate the Lease. Terminate this Lease by giving Tenant written notice thereof, in which event, Tenant shall pay to Landlord the sum of (1) all Rent accrued hereunder through the date of termination, (2) all amounts due under Section 20.2, and (3) an amount equal to (i) the total Rent that Tenant would have been required to pay for the remainder of the Term discounted to present value at a per annum rate equal to the “Prime Rate” as published on the date this Lease is terminated by The Wall Street Journal in its listing of “Money Rates”, minus (ii) that portion of fair rental value of the Premises for the residue of the Term that Landlord will have the benefit of, taking into to consideration marketing time, improvement time, whether Landlord has alternative space available (Landlord not being obligated to lease the Premises before leasing other available space), customary rental abatement concessions, and other relevant factors (Tenant shall have the burden of proof with respect to the fair rental value of the Premises for such time period); or

Terminate the Lease. Terminate this Lease by giving Tenant written notice thereof, in which event, Tenant shall pay to Landlord the sum of (1) all Rent accrued hereunder through the date of termination, (2) all other amounts due under Section 20.2this Lease, and (3) an amount equal to (i) the total Rent that Tenant would have been required to pay for the remainder of the Term then in effect term of this Lease discounted to present value at a per annum rate equal to the “Prime Rate” as published on the date this Lease is terminated by The Wall Street Journal Journal, Southwest Edition, in its listing of “Money Rates”, minus (ii) that portion of the then present fair rental value of the Premises for the residue of the Term that Landlord will have the benefit ofsuch period, similarly discounted, taking into to consideration marketing time, improvement time, whether Landlord has alternative space available in the Building (Landlord not being obligated to lease the Premises before leasing other available space), customary rental abatement concessions, and other relevant factors (factors. Tenant shall have the burden of proof with respect to the fair rental value of the Premises for such time period); or.

Terminate the Lease. Terminate this Lease by giving Tenant written notice thereof, in which event, Tenant shall pay to Landlord the sum of (1) all Rent accrued hereunder through the date of termination, (2) all amounts due under Section 20.2, and (3) an amount equal to (i) the total Rent that Tenant would have been required to pay for the remainder of the Term Term, discounted to present value at a per annum rate equal to the “Prime Rate” as published on the date this Lease is terminated by The Wall Street Journal Journal, Southwest Edition, in its listing of “Money Rates”, minus (ii) that portion of the present fair rental value of the Premises for the residue of the Term that Landlord will have the benefit ofof (similarly discounted), taking into to consideration marketing time, improvement time, whether Landlord has alternative space available (Landlord not being obligated to lease the Premises before leasing other available space), customary rental abatement concessions, and other relevant factors (Tenant shall have the burden of proof with respect to the fair rental value of the Premises for such time period); or