Cap. 16 Art. 1569Cessation of lease upon happening of resolutive condition,

(1) A contract of letting and hiring shall also be dissolved upon the fulfilment of a condition under which ipso jure the dissolution of the contract was expressly covenanted, saving any action for damages which may be competent to the covenantee according to law.

(2) If the dissolution of the contract is covenanted in the event of either of the parties failing to perform that which he has promised, the dissolution shall take effect only from the day on which the covenantee shall have, by means of a judicial act, given notice to the covenantor of his intention to avail himself of the covenant.

(3) In the cases referred to in this article, no time for clearing the delay can be granted to the party in default.