EARLY TERMINATION OF LEASE. If the tenant moves out before the lease is over they automatically forfeit their security deposit. The tenant will be responsible for paying the full rent for the month they are moving in, as well as the next months rent. Tenants must allow access to the property within the last 30 days of their move out for showings and inspections.
EARLY TERMINATION OF LEASE. 6. If any housemate wishes to be released from their portion of the lease:
EARLY TERMINATION OF LEASE. Tenant anticipates that its business operation may grow during the Renewal Term and such growth could require Tenant to need additional space. In the event Tenant notifies Landlord in writing, requesting additional space consisting of 11,837 contiguous square feet or more and Landlord is unable to accommodate Tenant’s expansion requirements within one of the following buildings: Inglewood Tech Center 1, 2, 3, 4, or 5, Tenant shall have the right to terminate the Lease at the end of the Fourth Rental Year of the Renewal Term, provided Tenant is not in default of any term, covenant or condition of the Lease. Tenant shall exercise the right granted herein by delivering written notice to Landlord of its intention to terminate twelve (12) months prior to the date Tenant intends to terminate. Failure by Tenant to deliver such written notice within the time period stipulated herein shall constitute a waiver of tenant’s right of termination. If Tenant elects to terminate the Lease as provided herein, Tenant shall pay to Landlord as Additional Rent, an early termination fee in an amount equal to due unamortized costs of the Tenant Improvements, which sum shall be calculated on a straight-line basis over the Renewal Term; plus (i) that portion of the broker’s commission due for the remainder of the Renewal Term (based upon a total broker’s commission of $70,038.33), and (ii) an amount equal to three (3) months of the Annual Basic Rent for the Fifth Rental Year of the Renewal term. Upon receipt of Tenant’s notice exercising its right to terminate, Landlord will notify Tenant of the exact amount of termination fee due. Tenant shall have fifteen (15) days from the date of such notice to pay the specified termination fee. If such termination fee is not paid to Landlord within said fifteen day period, Tenant’s notice exercising its right to terminate the Lease shall be deemed void and inoperative. If this Lease is terminated as provided herein, the parties agree to execute an instrument which confirms and effects a release and surrender of all right title and interest in and to the Premises pursuant to the terms of the Lease and otherwise.
EARLY TERMINATION OF LEASE. The lease terminates early if:EARLY TERMINATION OF LEASE. 1. Party A gives Party B the right to, by 31st March 2020, decide whether to continue performing this Contract after 31st March 2021. Should Party B choose not to continue this Lease, then it shall give six months written notice to Party A. Party A shall not make a claim on Party B for breach of contract on the basis of the early termination.
EARLY TERMINATION OF LEASE. In the event either Party breaches the terms or covenants of this Lease, the non-breaching Party shall send notice of the breach. The breaching Party has 7 days to cure the breach. If a cure is not accomplished within 7 days, the non- breaching Party may terminate this Lease by providing written notice of the same. The non-breaching Party shall remain obligated under the terms of this Lease, on a pro-rata basis through the effective date of termination.
EARLY TERMINATION OF LEASE. Lessee acknowledges there is no right to early termination of this Lease Agreement and neither Lessee nor Lessee’s Guarantor shall be released from this Lease for any reason.
EARLY TERMINATION OF LEASE. Lessee agrees and understands that the sale of or transfer of the ownership of the premises by the Lessor to another owner during the term of the lease will result in the termination of this lease in its entirety. Lessee holds Lessor harmless for any loss, whether direct or indirect, due to the early termination of this lease as a result of the sale of the premises.
EARLY TERMINATION OF LEASE. Notwithstanding any other provisions of this Lease, it is agreed between the Tenant and the Landlord that in the event the Landlord contracts with a client for the sale or lease of any of the property identified within the Lease, in conjunction with an Economic Development Project, the Landlord shall have the option of terminating this lease under the following conditions:
EARLY TERMINATION OF LEASE. Since early termination of this lease would cause financial loss to Landlord, Landlord will release Tenant from the terms of this lease only under the following conditions: 1). Tenant agrees to forfeit any security deposit held by Landlord to cover Landlord’s expense in seeking another tenant. 2).Tenant continues to pay the monthly rent payments to Landlord until the start date of a new Tenant’s lease, if Landlord fills the vacancy. 3). This lease shall remain in effect, with its original terms and conditions until said new Tenant’s lease date. Landlord agrees to make diligent effort to find another tenant for the premises by advertising the vacancy continuously in a local newspaper and placing a “For Rent” sign outside the apartment. Failure of Tenant to abide by these terms will constitute a breaking of the lease by Tenant, with consequences as noted in the section above.