Common use of Agreed Final Damages Clause in Contracts

Agreed Final Damages. If Landlord so elects, Tenant shall pay Landlord, on demand, as liquidated, agreed final damages, the Rent and all other charges which would have been payable by Tenant from the date of such demand to the date when this Lease would have expired if it had not been terminated as aforesaid, minus the fair rental value of the Demised Premises for the same period. Upon payment of such liquidated and agreed final damages, Tenant shall be under no further liability with respect to the period after the date of such demand.

Appears in 1 contract

Samples: Lease Agreement (American Drug Co)

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Agreed Final Damages. If Landlord so elects, Tenant shall pay Landlord, on demand, as liquidated, liquidated and agreed final damages, the Rent and all other charges which would have been payable by Tenant from the date of such demand to the date when this Lease would have expired if it had not been terminated as aforesaid, minus the fair rental value of the Demised Premises for the same periodperiod with such sums discounted to present value. Upon payment of such liquidated and agreed final damages, Tenant shall be under no further liability with respect to the period after the date of such demand.

Appears in 1 contract

Samples: Lease Agreement (Immunomedics Inc)

Agreed Final Damages. If Landlord so elects, Tenant shall pay Landlord, on demand, as liquidated, liquidated and agreed final damages, the Rent and all other charges which would have been payable by Tenant from the date of such demand to the date when this Lease would have expired if it had not been terminated as aforesaid, minus the fair rental value of the Demised Premises for the same period. Upon payment of such liquidated and agreed final damages, Tenant shall be under no further liability with respect to the period after the date of such demand.

Appears in 1 contract

Samples: Lease (Authentidate Holding Corp)

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Agreed Final Damages. If Landlord so elects, Tenant shall pay Landlord, on demand, as liquidated, liquidated and agreed final damages, the Rent and all other charges which would have been payable by Tenant from the date of such demand to the date when this Lease would have expired if it had not been terminated as aforesaid, minus the fair rental value of the Demised Premises for the same period. , discounted to present worth at the rate of four (4%) percent per annum.. Upon payment of such liquidated and agreed final damages, Tenant shall be under no further liability with respect to the period after the date of such demand.

Appears in 1 contract

Samples: Lease Agreement (Coty Inc /)

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