Termination Option Date definition

Termination Option Date means the date that Tenant is permitted to terminate this Lease under the deeds of trust referenced in this Section 2.1.
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Termination Option Date is defined in Section 5.3.
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Termination Option Date is defined in paragraph 3.2.6 of Schedule 20 (TUPE).
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Examples of Termination Option Date in a sentence

  • Tenant shall not be entitled to terminate the Lease for any delay in completion of the Premises prior to the Termination Option Date.

  • After the earlier to occur of the expiration of the Initial Lease Term or the Termination Option Date, should the Premises be Damaged, Tenant may elect either to terminate this Lease or request that Landlord restore the Premises by delivery of written notice to Landlord within thirty (30) days after the casualty event giving rise to the Damage.

  • Programmer must provide Wink with notice of Programmer's decision to terminate at least 30 days prior to the each Termination Option Date.

  • Notwithstanding anything to the contrary contained in this Article 21, if Tenant has not exercised the Contingency Termination Option as provided in Section 2.4 above and provided further that no Default of Tenant has occurred and is continuing on the Termination Option Date, the amount of the Security Deposit for the Premises shall be reduced to $61,548.12.

  • Obligations of a nature that would survive the expiration of the Term of this Lease as provided herein shall survive the Termination Option Date to the extent that such obligations accrued prior to the Termination Option Date.

  • If Substantial Completion of the Improvements has not occurred on or before the date which is three (3) months following the Scheduled Improvement Completion Date, as hereinafter defined (the "Termination Option Date"), Tenant shall have the option to terminate this Lease by the delivery to Landlord of written notice within ten (10) days after the Termination Option Date or any one month anniversary of the Termination Option Date until Substantial Completion of the Improvements occurs.

  • Upon the Termination Option Date, the fixed rent, Landlord’s Extension Contribution and Tenant’s Area shall be appropriately reduced to reflect the termination of the Lease in respect of the Terminated Premises (and Landlord shall have no obligation to perform any Extension Work or Expansion Extension Work, as applicable, in the Terminated Premises).

  • The Credit Agreement referenced in the prec▇▇▇▇▇ sentence shall hereinafter be referred to as the "WLV Credit Agreement." "Termination Option Date" shall mean the date that Tenant is permitted to terminate this Lease under the deeds of trust referenced in this Section 2.1.

  • If Substantial Completion of the Improvements has not occurred on or before the date which is two (2) months following the Scheduled Improvement Completion Date, as hereinafter defined (the “Termination Option Date”), Tenant shall have the option to terminate this Lease by the delivery to Landlord of written notice within ten (10) days after the Termination Option Date or any one month anniversary of the Termination Option Date until Substantial Completion of the Improvements occurs.

  • Each successive termination right will expire upon the earlier of (i) 15 days after the respective Termination Option Date, or (ii) the date Client notifies Inovalon of its desire to continue with the Services contemplated herein.

Related to Termination Option Date

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.