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An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
A magistrate ruled in Olentangy Commons' favor, writing that the CARES Act only requires that 30 days elapse before a tenant is set out as opposed to requiring a 30-day notice to vacate. The trial ...
The town of Wrightsville Beach served lease termination notice to the Wrightsville Beach Museum's Ewing-Bordeaux Cottage location Friday, March 22.
Leases typically also have a 30- to 90-day cancellation period when the cellular provider has the right to terminate the lease within 30 to 90 days of giving notice to the landowner. This specific portion of a telecom lease is due to recent mergers in the industry, which render some towers useless. [17]
A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
On October 29, 2022, J Centre Mall's management sent out a notice of pre-termination of lease contract to its tenants and indicating its closure on January 31, 2023. The mall's closure was attributed to difficulties stemming from the COVID-19 pandemic in the Philippines , where many brick-and-mortar stores faced stiff competition from online ...
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