Common use of Options to Terminate Clause in Contracts

Options to Terminate. The Partnership shall have, if not in default hereunder, the option to cancel or terminate this Lease Agreement at any time after full payment of the Bonds by giving the Issuer notice in writing of such termination and such termination shall forthwith become effective.

Appears in 1 contract

Sources: Lease Agreement (Cavalier Homes Inc)

Options to Terminate. The Partnership Corporation shall have, if not in default hereunder, the option to cancel or terminate this Lease Agreement at any time after full payment of the Bonds Bond by giving the Issuer notice in writing of such termination and such termination shall forthwith become effective.

Appears in 1 contract

Sources: Lease Agreement (Cavalier Homes Inc)