Common use of Options to Terminate Clause in Contracts

Options to Terminate. If the Building or a substantial part of it (whether including the Premises or not) is destroyed or damaged by an Insured Risk this Lease may be terminated by the Landlord giving to the Tenant (within 12 months after such destruction or damage) not less than six months’ notice.

Appears in 2 contracts

Sources: Lease Agreement (Orchard Rx LTD), Lease Agreement (Orchard Rx LTD)