What is an acceleration clause in a commercial lease

What is an acceleration clause in a commercial lease

Q.

What is an acceleration clause in a commercial lease?

A.

An acceleration clause in a commercial lease is a provision which says: if the tenant leaves early or needs to be terminated for cause, that tenant owes the landlord in damages for the remainder of the term. So if there’s 13 months left in the term, the landlord can seek right now that full amount that’s left on the lease.