BREAK CLAUSE Sample Clauses

A break clause is a contractual provision that allows one or both parties to terminate the agreement before its scheduled end date, typically after a specified minimum period. In practice, this clause sets out the conditions under which early termination can occur, such as providing advance written notice or meeting certain requirements, and is commonly found in lease agreements or long-term contracts. The core function of a break clause is to provide flexibility, enabling parties to exit the contract if circumstances change, thereby reducing long-term risk and commitment.
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BREAK CLAUSE. The Tenant may end the Term on [any][the] Break Date by giving the Landlord formal notice of not less than [LENGTH] months’ [specifying the Break Date]82 following which the Term will end on that Break Date[.][ if:83] [on the Break Date the Main Rent due on or before that Break Date and any VAT payable upon it has been paid in full; [and] on the Break Date the whole of the Premises are given back to the Landlord free of the Tenant’s occupation and the occupation of any other lawful occupier and without any continuing underleases[.][; and] [the Tenant has, on or before the Break Date, paid to the Landlord an amount equal to [insert figure/proportion of the Main Rent] (plus any VAT payable on that amount).]]
BREAK CLAUSE. IF YOU HAVE OPTED FOR A FIXED TERM CONTRACT YOU WILL NOT HAVE THE DETAILS OF A BREAK CLAUSE NOTED IN YOUR PARTICULARS. 5.1. The Landlord shall be entitled to serve upon the Tenant Statutory Notice of not less than two calendar months to break this tenancy. Such Notice: 5.1.1. Shall be at least 2 months’ notice to break this Tenancy 5.1.2. Shall not expire before the end of the «D0000_401C_0#Landlord_notice_take_effect» month of the term 5.1.3. Shall, notwithstanding any other provision contained in this Tenancy Agreement be given and shall be effective if it expires on the last day of any rental period of the Tenancy and be served in writing 5.1.4. Shall be served in accordance with the Terms of the Tenancy Agreement 5.2. The Tenant shall be entitled to terminate this Tenancy by giving not less than two calendar months’ notice to break this tenancy provided that such Notice: 5.2.1. Provided that they are not in material breach of the terms of this Agreement, may give the Landlord at least 2 months’ written notice to break this Tenancy 5.2.2. Shall not expire before the end of the «D0000_407C_0#Tenant_notice_take_effect_(» month of the term 5.2.3. Shall, notwithstanding any other provision contained in this Tenancy Agreement be given and shall be effective if it expires on the last day of any rental period of the Tenancy and be served in writing 5.2.4. Shall be served in accordance with the Terms of the Tenancy Agreement The Tenant agrees that should a Notice of termination be issued, such Notice cannot be rescinded
BREAK CLAUSE. IF YOU HAVE OPTED FOR A FIXED TERM CONTRACT YOU WILL NOT HAVE THE DETAILS OF A BREAK CLAUSE NOTED IN YOUR PARTICULARS. 5.1. The Landlord shall be entitled to serve upon the Tenant Statutory Notice of not less than two calendar months to break this tenancy. Such Notice: 5.1.1. Shall be at least 2 months’ notice to break this Tenancy 5.1.2. Shall not expire before the end of the «D0000_401C_0#Landlord_notice_take_effect» month of the term 5.
BREAK CLAUSE. Notwithstanding anything to the contrary hereinbefore contained, either party shall be entitled to terminate this Agreement earlier than as herein provided, by serving not less than 1 months’ written notice or by paying 1 months’ Rent in lieu to the Landlord / Tenant / other party.
BREAK CLAUSE. If You wish to cancel the Licence Agreement You must give us notice in writing by email to ▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇.▇▇.▇▇ by 31 August 2021 stating that You no longer wish to take up your accommodation. If such notice is given by 31 August 2021 the Licence Agreement shall be cancelled, any Deposit You have paid to Us shall be refunded and the University will not be required to provide You with accommodation. If no notice is given the Licence Agreement will be binding on You and You will be responsible for Accommodation Fees for the whole Period of Occupancy, even if you do not move into the Accommodation.
BREAK CLAUSE. 50.1 Where stipulated in the Contract Particulars, the Council shall have the right to terminate the Contract at any time by giving written notice (of not less than the period specified in the Contract Particulars) to the Supplier 50.2 Where the Council exercises its right to terminate the Contract under clause 50.1, the Supplier shall only be entitled to payment for Services duly rendered up to the date of termination and the Council shall incur no liability to the Supplier in respect of any other losses whatsoever whether: 50.2.1 loss of future profits; 50.2.2 redundancy or Sub-Contractor breakage costs; or 50.2.3 any other costs whatsoever incurred by the Supplier as a consequence of such termination.
BREAK CLAUSE. 8.1 Either the Landlord or the Tenant may terminate the Contractual Term on or at any time after the Break Date , by giving not less than six (6) months’ previous notice in writing to the other party; 8.2 Any notice given by the Tenant shall operate to terminate the Contractual Term only if: 8.2.1 The Principal Rent reserved by this lease has been paid by the time of such termination; and 8.2.2 the Tenant yields up the Property free from any subleases and other third party occupational interests on termination; 8.3 Upon termination the Contractual Term shall cease but without prejudice to any claim in respect of any prior breach of the obligations contained in this lease; 8.4 If this Lease is terminated in accordance with this clause 8 the Landlord shall promptly reimburse the Tenant in respect of any sums received which relate to a period following termination of this Lease. 8.5 Time shall be of the essence for the purposes of this Clause.
BREAK CLAUSE. 2.5.1 This agreement creates a single tenancy that starts with a fixed element and then becomes periodic. This would normally guarantee both parties the rights and obligations for the fixed term and a minimum of one period. The following two clauses allow either party to terminate the agreement earlier than that date, but not before the end of the fixed term (the date quoted in 1.6.1 as “to and including (date)”). 2.5.2 The Landlord may bring the tenancy to an end at, or at any time after, the expiry of the fixed term by giving to the Tenant at least two months’ written notice stating that the Landlord requires possession of the Property. A notice under section 21 of the Housing Act 1988 will suffice to implement this sub-clause. 2.5.3 The Tenant may bring the tenancy to an end at, or at any time after, the expiry of the fixed term by giving to the Landlord at least one month’s written notice stating that the Tenant wishes to vacate the Property. A letter will suffice to implement this sub-clause. While the tenancy is periodic the one month’s written notice must expire the day before a Rent Due Date.
BREAK CLAUSE. The Tenant may end the Term on [any][the] Break Date by giving the Landlord formal notice of not less than [LENGTH] months’ [specifying the Break Date]92 following which the Term will end on that Break Date[.][ if:93] [on the Break Date the Main Rent due on or before that Break Date and any VAT payable upon it has been paid in full; [and] on the Break date the Premises are free of the Tenant’s occupation and the occupation of any other lawful occupier and there are no continuing underleases[.][; and] [the Tenant has, on or before the Break Date, paid to the Landlord an amount equal to [insert figure/proportion of the Main Rent] (plus any VAT payable on that amount).]]
BREAK CLAUSE. 8.1 If the 95 Lease shall not have been granted or required to have been granted pursuant to the Agreement for Lease prior to the last date for such notice to be given by the Tenant under this sub-clause 8.1 the Tenant may terminate the Contractual Term on Break Date 1 by giving to the Landlord not less than six (6) months’ previous notice in writing PROVIDED THAT if the 95 Lease shall have been granted or required to have been granted pursuant to the Agreement for Lease prior to the last date for such notice to be given by the Tenant then any such notice given by the Tenant shall be of no effect and the Contractual Term shall not end on Break Date 1; 8.2 The Tenant may terminate the Contractual Term on Break Date 2 or Break Date 3 or Break Date 4 by giving to the Landlord not less than six (6) months’ previous notice in writing; 8.3 Any notice given by the Tenant shall operate to terminate the Contractual Term only if: 8.3.1 the Principal Rent reserved by this lease has been paid by the time of such termination; and 8.3.2 the Tenant yields up the Property free from any subleases and other third party occupational interests on termination; 8.4 Upon termination the Contractual Term shall cease but without prejudice to any claim in respect of any prior breach of the obligations contained in this lease; 8.5 If: 8.5.1 the 95 Lease shall not have been granted or required to have been granted pursuant to the Agreement for Lease prior to the last date for notice to be given by the Tenant under sub-clause 8.1; and 8.5.2 the Tenant shall not give such notice under sub-clause 8.1 to terminate the Contractual Term on Break Date 1; then the Principal Rent shall be suspended from and including the date falling immediately after Break Date 1 for a period of one hundred and ninety (190) days, after which period the Tenant’s obligation to pay the Principal Rent shall resume; 8.6 If the Tenant does not terminate the Contractual Term on Break Date 2 the Principal Rent shall be suspended from and including the date falling immediately after Break Date 2 for a period of one hundred and ninety (190) days, after which period the Tenant’s obligation to pay the Principal Rent shall resume; 8.7 If the Tenant terminates this lease in accordance with this clause 8 the Landlord shall promptly reimburse the Tenant in respect of any sums received under this lease which relate to a period following termination of this lease. 8.8 Time shall be of the essence for the purposes of this Clau...