Common use of Abandonment of Premises Clause in Contracts

Abandonment of Premises. If the property becomes vacant during the term of this lease, and if at the time of the vacancy Tenant are in default in the payment of any installment of rent, then the rent for the entire term shall become at once due and payable and Landlord may proceed to collect rent for said entire premises, with or without process of law, to take possession thereof, to remove any and all property there from and store as required by law, to lease the premises as agent of Tenant, and to apply the proceeds received from such letting toward the payment of Tenant' rent under this lease; such re-entry and re-letting shall not discharge Tenant from liability for rent, nor from any other obligation under the terms of this lease.

Abandonment of Premises. If the property becomes vacant during the term of this lease, and if if, at either the time of the vacancy Tenant or any time thereafter, Tenants are in default in the payment of any installment of rent, then the rent for the entire term shall become at once due and payable and Landlord may proceed to collect rent for said entire premises, with or without process of law, to take possession thereof, to remove any and all property there from and store as required by lawtherefrom, to lease the premises as agent of TenantTenants, and to apply the proceeds received from such letting toward the payment of TenantTenants' rent under this lease; such . Such re-entry and re-letting shall not discharge Tenant Tenants from liability for rent, nor from any other obligation under the terms of this lease.

Abandonment of Premises. If the property becomes vacant during the term of this lease, and if at the time of the vacancy Tenant Tenants are in default in the payment of any installment of rent, then the rent for the entire term shall become at once due and payable and Landlord may proceed to collect rent for said entire premises, with or without process of law, to take possession thereof, to remove any and all property there from and store as required by lawfrom, to lease the premises as agent of Tenant, and to apply the proceeds received from such letting toward the payment of Tenant' 's rent under this lease; such re-entry and re-letting shall not discharge Tenant from liability for rent, nor from any other obligation under the terms of this lease.