Common use of Landlord’s Option to Terminate Clause in Contracts

Landlord’s Option to Terminate. In the event of a Default, Landlord will have the option, upon seven (7) days written notice to Tenant, but not less than any required statutory period of notice, to terminate this Lease, and in the event such notice is given, this Lease will come to an end and expire upon the expiration of such notice period, but Tenant will remain liable for damages as provided herein.

Appears in 3 contracts

Sources: Gross Lease Agreement, Gross Lease Agreement, Gross Lease Agreement

Landlord’s Option to Terminate. In the event of a DefaultLandlord may, Landlord will have the at its option, upon seven terminate this Lease by giving Tenant notice to that effect within ninety (790) days written notice to Tenant, but not less than any required statutory period after the Date of notice, to terminate this Lease, and in the event such notice is given, this Lease will come to an end and expire upon the expiration of such notice period, but Tenant will remain liable for damages as provided herein.Taking; and

Appears in 2 contracts

Sources: Office Lease Agreement (ACON S2 Acquisition Corp.), Lease Agreement (Ampio Pharmaceuticals, Inc.)