Common use of Election to Terminate Clause in Contracts

Election to Terminate. No such re-entry or taking possession of said Premises by Landlord shall be construed as an election on its part to terminate this Lease unless a written notice of such intention be given to Tenant or unless the termination thereof be decreed by a court of competent jurisdiction. Notwithstanding any such re-letting without termination, Landlord may, at any time thereafter, elect to terminate this Lease for such previous breach.

Appears in 3 contracts

Sources: Lease (Truett-Hurst, Inc.), Lease (Truett-Hurst, Inc.), Lease (Truett-Hurst, Inc.)

Election to Terminate. No such re-entry reentry or taking possession of said the Premises by Landlord pursuant to Section 16.03 shall be construed as an election on its part to terminate this Lease unless a written notice of such intention be given to Tenant or unless the termination thereof be decreed by a court of competent jurisdiction. Notwithstanding any such re-letting without termination, Landlord may, at any time thereafter, elect to terminate this Lease for such previous breach.

Appears in 2 contracts

Sources: Lease Agreement (Statmon Technologies Corp), Lease Agreement (Ultimate Sports Entertainment Inc)

Election to Terminate. No such re-entry or taking of possession of said the Premises by Landlord shall be construed as an election on its part to terminate this Lease unless a written notice of such intention be is given to Tenant or unless the termination thereof be is decreed by a court of competent jurisdiction. Notwithstanding any such re-letting without termination, Landlord may, at any time thereafter, elect to terminate this Lease for such previous breach.

Appears in 1 contract

Sources: Industrial Lease (Tenaya Therapeutics, Inc.)

Election to Terminate. No such re-entry or taking possession of said the --------------------- Premises by Landlord shall be construed as an election on its part to terminate this Lease unless a written notice of such intention be given to Tenant or unless the termination thereof be decreed by a court of competent jurisdiction. Notwithstanding any such re-letting without termination, Landlord may, at any time thereafter, elect to terminate this Lease for such previous breach.

Appears in 1 contract

Sources: Data Center Space Lease (Theglobe Com Inc)

Election to Terminate. No such re-entry reentry or taking possession of said the Premises by Landlord pursuant to Paragraph 17.3 shall be construed as an election on its part to terminate this Lease unless a written notice of such intention be given to Tenant or unless the termination thereof be decreed by a court of competent jurisdiction. Notwithstanding any such re-letting without termination, Landlord may, at any time thereafter, elect to terminate this Lease for such previous breach.

Appears in 1 contract

Sources: Standard Form Lease (Sports Club Co Inc)