Common use of Discontinued Operations Clause in Contracts

Discontinued Operations. In the event Tenant shall at any time during the term of this Lease discontinue its business operations in the Premises Building for a period of sixty (60) days or longer, and the reason for Tenant's discontinuation of business is not due to (a) the repairing or remodeling of the Premises Building, (b) a casualty loss, (c) union or labor difficulties, or (d) any other reason beyond the reasonable control of Tenant [financial ability excluded], then Landlord may (but shall not be obligated to) terminate this Lease by giving Tenant written notice of Landlord's election to so terminate the Lease (a "Termination Notice"). Any such Termination Notice shall set forth a date (the "Termination Date") not less than thirty (30) days nor more than one hundred twenty (120) days after the date of the Termination Notice. Tenant may void the Termination Notice by (A) within ten (10) days following Tenant's receipt of the Termination Notice, notifying Landlord in writing of Tenant's intent to promptly recommence its business operations in the Premises Building, and (B) recommencing its business operations in the Premises Building within thirty (30) days following its receipt of Landlord's Termination Notice. Unless Tenant shall so effectively void the Termination Notice, this Lease shall terminate as of the Termination Date as if such date were the date originally fixed herein for the termination of this Lease.