Termination of Spectrum Lease Sample Clauses

The 'Termination of Spectrum Lease' clause defines the conditions under which a spectrum lease agreement can be ended by either party. Typically, this clause outlines specific events or breaches—such as non-payment, regulatory changes, or failure to comply with technical requirements—that may trigger termination. It may also specify notice periods and procedures for winding down operations or returning equipment. The core function of this clause is to provide a clear framework for ending the lease, thereby protecting both parties from ongoing obligations if the arrangement becomes untenable or if key terms are violated.
Termination of Spectrum Lease. The Spectrum Lease will terminate: (a) two months after Customer stops transmitting with FlexNet equipment manufactured by Sensus; (b) upon termination, revocation or expiration of the FCC License; (c) upon Customer’s breach of this Agreement; or (d) upon termination or expiration of this Agreement for any reason.
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Termination of Spectrum Lease. The Lease will terminate: (a) two months after Customer stops transmitting with FlexNet equipment manufactured by Sensus; (b) upon termination, revocation or expiration of the FCC License; (c) upon Customer’s breach of this Agreement; or (d) upon termination or expiration of this Agreement for any reason. In the event the Lease terminates pursuant to subsection (b) of this section, Sensus shall provide Customer with written notice in advance of such termination, but only to the extent that the FCC provides Sensus with advanced notice of any termination, revocation, or expiration of the FCC License.
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Termination of Spectrum Lease. The Lease will terminate: (a) two months after Customer stops transmitting with FlexNet equipment manufactured by Sensus; (b) upon termination, revocation or expiration of the FCC License; (c) upon Customer’s breach of the Contract, including this Lease; (d) upon termination or expiration of the Contract prior to the end of the Contract Term as provided by Section 2.4 of the Amendment to the Proposed Contract; (e) upon Customer failing to pay any Ongoing Fee when due or (f) upon the completion of the Closing of the sale of the Offered Licenses pursuant to Exhibit Y.
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Related to Termination of Spectrum Lease

  • Lease Termination Notwithstanding any other provisions in this Lease, this Lease will terminate and the Tenant must immediately vacate the Leased Premises upon: (i) The date on which the Tenant is no longer enrolled as a student in a course of full-time study at the University of Toronto Mississauga, provided that the Tenant shall be deemed to be enrolled as a student in a course of full-time study to the last day of the summer recess immediately following the completion by the Tenant of a scholastic year of full-time study. (ii) The Landlord and the Tenant agree that, once the Tenant ceases to be enrolled as a student in a course of full-time study at the University of Toronto Mississauga, the Tenant’s continued occupation of the Leased Premises constitutes a substantial interference with the Landlord’s lawful rights, privileges, and interests, and this is grounds for the Landlord to terminate the Lease. (iii) The provisions of this subparagraph 7(k) are strictly for the benefit of the Landlord. The Landlord may, in its sole discretion, elect to waive any or all provision(s) of this subparagraph 7(k) and require the Tenant to remain in occupation of the Leased Premises to the end of the term of the Lease. Alternatively, if the Landlord (at its sole discretion) elects to waive any or all provision(s) of this subparagraph 7(k), the Landlord and the Tenant may mutually agree to change the term of the Lease to require or allow the Tenant to remain in occupation of the Leased Premises until a mutually agreed upon date prior to the end of the term of the Lease. (iv) If either party has given notice to terminate this Lease pursuant to any provision herein, the Leased Premises may be shown to prospective Tenants between the hours of 8:00 am and 8:00 pm by the Landlord. Should the Tenant effectively deny the Landlord reasonable viewing rights. (v) In the event that the Tenant is obliged to vacate the Leased Premises on or before a certain date, and the Landlord enters into a tenancy agreement with a third party to lease the Premises herein described for any period thereafter, and the Tenant fails to vacate the Leased Premises on or before the due date, thereby causing the Landlord to be liable to such third party, then the Tenant will indemnify the Landlord for all losses suffered thereby, including, without limiting the generality of the foregoing, all legal costs incurred by the Landlord, such legal costs to be computed on a full indemnity basis.