Common use of Mutual Cancellation Clause in Contracts

Mutual Cancellation. This Lease may be terminated as to all or part of the Parcel prior to the Expiration Date upon written agreement signed by both Lessor and Lessee. The agreement shall specify the terms and conditions of such a cancellation and may include but shall not be limited to an acceleration of the amortization of the improvements.

Appears in 1 contract

Sources: Commercial Lease (Nexthealth Inc)

Mutual Cancellation. This Lease may be terminated as to all or part of the Parcel prior to the Expiration Date expiration date upon written agreement signed by both Lessor and Lessee. The agreement shall specify the terms and conditions of such a cancellation and may include but shall not be limited to an acceleration of the amortization of the improvementscancellation.

Appears in 1 contract

Sources: Commercial Lease (Bowlin Travel Centers Inc)