BREACH OF LEASE BY TENANT Sample Clauses

BREACH OF LEASE BY TENANT. If the Tenant fails to make any payment of rent or part thereof within five (5) days of the date it was due, or if the Tenant, or any one of the Tenants, if more than one, does not abide by or comply with any other part of this agreement, and if the Tenant does not correct the violation or comply within two (2) days after notice by the Landlord, or if a petition in bankruptcy is filed by or against the Tenant or any one of the individual tenants if more than one, or if any Tenant makes a general assignment for the benefit of creditors, then the Landlord may at its option end this lease on three (3) days written notice to the Tenant, after which three days this lease agreement shall automatically terminate and the Landlord may immediately re-enter and repossess the premises without further notice to the Tenant. The Tenant agrees in such case to vacate the premises at the end of said three-day period. The Tenant hereby authorizes any and all eviction proceedings by the Landlord against him without notice if the premises are not vacated by the end of said three-day period. Even though the lease has thus been ended, the Tenant shall remain liable to the Landlord for the total rent set forth in this agreement. However, the Landlord shall have the right to re-rent the premises to other tenants for whatever term and rent which to the Landlord seem reasonable. If the premises are so rerented, the rent collected for the unused part of the term of this lease shall be used first for expenses of the Landlord in re-entering, repossessing, and re-renting the premises, and any surplus or deficiency remaining to be subtracted from or added to the amounts owed by the Tenant to the Landlord under this agreement.
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BREACH OF LEASE BY TENANT. If the Tenant fails to make any payment of rent or any part thereof within five (5) days of the date it was due, or if the Tenant or any one of the Tenants, if more than one, does not abide by or comply with any other part of this Lease, and if the Tenant does not correct the violation or comply within two (2) days after notice by the Landlord, then in any one of such events, the Landlord may at its option end this lease on three (3) days written notice to the Tenant, after which three
Sample 1

Related to BREACH OF LEASE BY TENANT

  • Indemnity by Tenant To the extent permitted by Law, Tenant hereby indemnifies, and agrees to protect, defend and hold the Indemnitees harmless, against any and all actions, claims, demands, liability, costs and expenses, including attorneys’ fees and expenses for the defense thereof, arising from Tenant’s occupancy of the Premises, from the undertaking of any Tenant Additions or repairs to the Premises, from the conduct of Tenant’s business on the Premises, or from any breach or default on the part of Tenant in the performance of any covenant or agreement on the part of Tenant to be performed pursuant to the terms of this Lease, or from any willful act or negligence of Tenant, its agents, contractors, servants, employees, customers or invitees, in or about the Premises or the Property or any part of either. In case of any action or proceeding brought against the Indemnitees by reason of any such claim, upon notice from Landlord, Tenant covenants to defend such action or proceeding by counsel chosen by Landlord, in Landlord’s sole discretion. Landlord reserves the right to settle, compromise or dispose of any and all actions, claims and demands related to the foregoing indemnity. The foregoing indemnity shall not operate to relieve Indemnitees of liability to the extent such liability is caused by the willful and wrongful act of Indemnitees. Further, the foregoing indemnity is subject to and shall not diminish any waivers in effect in accordance with Section 16.04 by Landlord or its insurers to the extent of amounts, if any, paid to Landlord under its “All-Risks” property insurance.

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