Pacbrake Exhaust Brakes. Founded in 1964 by the Meneely family, Pacbrake has grown to become one of the most recognized leaders in engine, exhaust and combination brake manufacturing.
Notice Period: Most renewal clauses require the tenant to give written notice to the Landlord that they are exercising their right to the renewal option within a specified period of time, often 6 or 12 months prior to the expiration of the lease.
It was stipulated that the initial. three years of the lease shall be a 'lock-in-period'. However, an option was. given to the defendant to terminate the lease by giving a 90 days notice after. the lock-in-period of initial three years of the lease. 4 In furtherance of letter of intent dated 05.09.2007, a registered.