Termination Agreement
Termination
On the expiration of this agreement or immediately in the event of a breach by you of any term of this agreement you will:
leave the Co-Working Space with all furniture equipment and fittings in a good and substantial state of repair and condition ; and
Return all keys and access Fobs.
Any belongings left in the Co-Working Space after termination of this Agreement may be disposed of by us at your expense and with without responsibility to you.
Termination Immediately
We may terminate this agreement immediately if (a) you breach any of the terms of this agreement (including failure to pay the Fee [or the cost of any Services] when due (b) you become insolvent or bankrupt or unable to pay your debts as they become due or being a company if you enter into liquidation whether compulsory or voluntary or have an administration order made in respect of your business or a receiver is appointed over your business (c) you enter into any arrangement or composition for the benefit of the your creditors or shall suffer any distress or execution to be levied on the your goods (d) your conduct is in our opinion inconsistent with typical office use. Termination of this agreement by shall be without prejudice to any rights or remedies which may then have accrued to us against you in respect of any antecedent breach of any of the conditions contained in this agreement and the obligation by you to continue to pay the Fee and charges for the Services for the remainder of the term that would have prevailed if it had not been terminated.
Automatic Renewal
This agreement lasts for the Initial Period and will then be extended automatically for successive periods equal to the Initial Period unless terminated in accordance with clause 20.The fees due on any renewal will be at the then applicable rate for the number of Authorised Users on the relevant plan.
Notice to Terminate
Either you or we can terminate this agreement at the end of the Initial Period or at the end of any extension or renewal term by giving at least one months’ prior notice to the other. For the avoidance of doubt this agreement will not end at the expiration of the Initial Period unless the said one months’ notice is provided. If you do not wish for an agreement to renew then you can cancel it easily with effect from the end date stated in the agreement, or at the end of any extension or renewal period, by giving us prior notice. Notice must be given by email.
The notice periods required are as follows:
Notice Period
Month-to-Month no less than 1 month’s notice from the 1st day of any calendar month
3 months no less than 2 months’ notice prior to the end of the period of occupation
More than 3 months no less than 3 months’ notice prior to the end of the period of occupation
If the Center is no longer available.
In the event that we are permanently unable to provide the services and accommodation at the Center stated in an agreement, we will offer you accommodation in an alternative Centers. In the unlikely event we are unable to find an alternative accommodation that is acceptable to you, your agreement will end and you will only have to pay monthly fees up to that date and for any additional services you have used.