Common use of Certain Damages Clause in Contracts

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.02, but on the contrary elects to take possession as provided in subsection (b) of Section 25.02, Tenant will pay to Landlord: (a) Base Monthly Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all Landlord’s reasonable expenses in connection with such reletting, including without limitation, all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 2 contracts

Samples: Office Lease Agreement, Office Lease Agreement (Acacia Communications, Inc.)

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Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (aSection 26.2(a) of Section 25.02above, but on the contrary contrary, elects to take possession as provided in subsection (b) of Section 25.0226.2(b), above, Tenant will pay to Landlord: (ai) Base Monthly Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less less; (bii) the net proceeds, if any, of any reletting re-letting of the Demised Premises after deducting all of Landlord’s reasonable expenses in connection with such relettingre-letting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such relettingre-letting. If, in connection with any relettingre-letting, the new lease term extends beyond the existing Term, or the premises covered by such new lease lease, include other premises not part of the Demised Premises, a fair apportionment of the rent received from for such reletting re-letting and the expenses incurred in connection with such reletting re-letting as provided in this Section will be made in determining the net proceeds from such relettingre-letting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, retaken and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 2 contracts

Samples: Office Lease (Go Daddy Group, Inc.), Office Lease (Go Daddy Group, Inc.)

Certain Damages. In the event that Landlord LANDLORD does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0218.2.1, but on the contrary elects to take possession as provided in subsection (b) of Section 25.0218.2.2, Tenant TENANT will pay to Landlord: (a) Base Monthly Rent LANDLORD monthly rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises premises after deducting all Landlord’s of LANDLORD'S reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease Lease term extends beyond the existing Termterm, or the premises covered by such new lease Lease include other premises not part of the Demised Premisespremises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new leaseLease. Tenant TENANT will pay such rent and other sums to Landlord LANDLORD monthly on the day on which the Base Monthly Rent monthly rent would have been payable under this Lease if possession had not been retaken, and Landlord LANDLORD will be entitled to receive such rent and other sums from Tenant TENANT on each such day.

Appears in 1 contract

Samples: Lease Agreement (Sportsnuts Com International Inc)

Certain Damages. In the event that If Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.02, but on the contrary elects to take possession as provided in subsection (b) of Section 25.0225.2.2 hereinabove, Tenant will shall pay to LandlordLandlord an amount equal to: (a) Base Monthly Rent, Additional Rent and other sums as provided in this Lease, Lease which would be payable under this Lease if such repossession had not occurred, less (b) the net proceedsproceeds (“Reletting Net Proceeds”), if any, of any reletting of the Demised Premises after deducting all of Landlord’s reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs and other expenses of preparation of the Premises for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will shall be made in determining the net proceeds from such relettingReletting Net Proceeds, and any rent concessions will shall be equally apportioned over the term of the new lease. Tenant will shall pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will shall be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Office Lease (Thayer Ventures Acquisition Corp)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0224(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0224(b), Tenant will pay to Landlord: (a) Base Landlord Monthly Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceedsproceeds (such payments of Monthly Rent balance or deficiency being made on the rent days herein specified), if any, of any reletting of the Demised Leased Premises after deducting all of Landlord’s reasonable expenses in connection arising from with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease Lease term extends beyond the existing Term, or the premises Leased Premises covered by such new lease include other subleased premises not part of the Demised Leased Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord Xxxxxxxx will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Sublease Agreement

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0224(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0224(b), Tenant will pay to Landlord: (a) Base Landlord Monthly Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceedsproceeds (such payments of Monthly Rent balance or deficiency being made on the rent days herein specified), if any, of any reletting of the Demised Leased Premises after deducting all of Landlord’s reasonable expenses in connection arising from with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease Lease term extends beyond the existing Term, or the premises Leased Premises covered by such new lease include other subleased premises not part of the Demised Leased Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Sublease Agreement

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.02Article 25.2(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.02Article 25.2(b), Tenant will pay to Landlord: (a) Base Landlord Monthly Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Lease Term, or the premises Premises covered by such new lease Lease include other premises Premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Office Lease (Vanguard Airlines Inc \De\)

Certain Damages. In the event that Landlord does not elect to terminate this Lease lease as permitted in subsection (a) of Section 25.02, but on the contrary instead elects to take possession as provided in subsection (b) of Section 25.02, Tenant will shall pay to Landlord: (a) Base Monthly Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Leased Premises after deducting all Landlord’s reasonable expenses in connection with such reletting, including including, without limitation, all reasonable repossession costs, brokerage commissions, reasonable attorneys’ feesfees and disbursements, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Leased Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will shall be made by Landlord in determining the net proceeds from such reletting, and any rent concessions will shall be equally apportioned over the term of the new lease. Tenant will shall pay such rent and other sums to Landlord monthly on the day date on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Lease (Mirion Technologies, Inc.)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0218.1(a), but on the contrary contrary, elects to take possession as provided in subsection (b) of Section 25.0218.1(b), Tenant will pay to Landlord: (a) Base Monthly Rent Minimum Rent, Additional Rent, and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting re-letting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such relettingre-letting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such relettingre-letting. If, in connection with any relettingre-letting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting re-letting as provided in this Section will be made in determining the net proceeds from such relettingre-letting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Minimum Rent would have been payable under this Lease if possession had not been retaken, retaken and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Lease Agreement (GrowGeneration Corp.)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0224.1(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0224.2(b), Tenant will shall pay to Landlord: (a) Base Monthly Landlord monthly Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such reletting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term terms extends beyond the existing Termterm, or the premises Premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section 24.3 will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will shall pay such rent and other sums to Landlord monthly on the day on which the Base Monthly monthly Rent would have been payable under this Lease if possession had not been retaken, and the Landlord will be entitled to receive such rent and other sums from Tenant on each such day. Landlord will attempt to mitigate damages arising from an Event of Default by making reasonable efforts to relet the Premises in whole or in part.

Appears in 1 contract

Samples: Lease Agreement (Software Spectrum Inc)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.02, but on the contrary elects to take possession as provided in subsection (b) of Section 25.02Lease, Tenant will pay to Landlord: (( a) Base Monthly Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting re-letting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such relettingre-letting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such relettingre-letting. If, in connection with any relettingre-letting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting re-letting as provided in this Section will be made in determining the net proceeds from such relettingre-letting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, retaken and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Scotts Liquid Gold Inc)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0217.2(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0217.2(b), Tenant will pay to Landlord: (a) Base Monthly Rent Landlord monthly rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease Lease term extends beyond the existing Termterm, or the premises Premises covered by such new lease include other premises Premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent monthly rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Commercial Lease (Freei Networks Inc)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0218.2, but on the contrary elects to take possession as provided in subsection (b) of Section 25.0218.2, Tenant will pay to Landlord: Landlord Rent (aincluding any Additional Rent) Base Monthly Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the scheduled expiration of the existing Term, or the premises Premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day days on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent Rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Lease Agreement (ACV Auctions Inc.)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (aSection 26.2(a) of Section 25.02above, but on the contrary contrary, elects to take possession as provided in subsection (b) of Section 25.0226.2(b), above, Tenant will pay to Landlord: (ai) Base Monthly Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less less; (bii) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such reletting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease lease, include other premises not part of the Demised Premises, a fair apportionment of the rent received from for such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, retaken and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Office Lease (Ryland Group Inc)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0228.2(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0228.2(b), Tenant will pay to Landlord: (a) Base Monthly Landlord Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the scheduled expiration of the existing Termterm, or the premises Premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day days on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent Rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Lease Agreement (Capstone Financial Group, Inc.)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0225.2(a), but on the contrary contrary, elects to take possession as provided in subsection (b) of Section 25.0225.2(b), Tenant will pay to Landlord: (a) Base Monthly Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such reletting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, retaken and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Office Lease (P F Changs China Bistro Inc)

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Certain Damages. In the event If that Landlord landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0225.2(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0225.2(b), Tenant tenant will pay to Landlord: (a) Base Monthly Rent landlord monthly rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises premises after deducting all Landlord’s of landlord's reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease Lease term extends beyond the existing Termterm, or the premises covered by such new lease Lease include other premises not part of the Demised Premisespremises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions concession will be equally apportioned over the term of the new leaseLease. Tenant will pay such rent and other sums to Landlord landlord monthly on the day on which the Base Monthly Rent monthly rent would have been payable under this Lease if possession had not been retaken, and Landlord landlord will be entitled to receive such rent and other sums from Tenant tenant on each such day.

Appears in 1 contract

Samples: Lease Agreement (Pc Tel Inc)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0224.1(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0224.2(b), Tenant will shall pay to Landlord: (a) Base Monthly Landlord monthly Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such reletting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term terms extends beyond the existing Termterm, or the premises Premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section 24.3 will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will shall pay such rent and other sums to Landlord monthly on the day on which the Base Monthly monthly Rent would have been bean payable under this Lease if possession had not been retaken, and the Landlord will be entitled to receive such rent and other sums from Tenant on each such day. Landlord will attempt to mitigate damages arising from an Event of Default by making reasonable efforts to relet the Premises in whole or in part.

Appears in 1 contract

Samples: Lease Agreement (Software Spectrum Inc)

Certain Damages. In the event that Landlord does not elect to terminate Terminate this Lease as permitted in subsection (a) of Section 25.0225.2(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0225.2(b), Tenant will pay to Landlord: (a) Base Landlord Monthly Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term Lease. Term extends beyond the existing Term, or the premises Premises covered by such new lease Lease include other premises Premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred occurred in connection with such reletting reletting, as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term Term of the new leaseLease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Office Lease (Eloquent Inc)

Certain Damages. In the event that If Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section section 25.02, but on the contrary elects to take possession as provided in subsection (b) of Section 25.02, Tenant will pay to Landlord: ; (a) Base Monthly Basic Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all Landlord’s 's reasonable and customary expenses in connection with such reletting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys’ attorney1 fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Basic Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Office Lease (Arbinet Thexchange Inc)

Certain Damages. In the event that If Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.02, but on the contrary elects to take possession as provided in subsection (b) of Section 25.02, Tenant will pay to Landlord: (a) Monthly Base Monthly Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all Landlord’s reasonable 's expenses in connection with such reletting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Monthly Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Business Center Lease (Ion Networks Inc)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0225.2(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0225.2(b), Tenant will pay to Landlord: (a) Base Monthly Rent Landlord monthly rent and other sums as provided promise in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s 's reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys' fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or to the premises Premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay w such rent and other sums to Landlord monthly on the day on which the Base Monthly Rent monthly rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Office Lease (Virage Logic Corp)

Certain Damages. In the event that If Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.02, but on the contrary elects to take possession as provided in subsection (b) of Section 25.02, Tenant will pay to Landlord: (a) Monthly Base Monthly Rent and other sums as provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting 'of the Demised Premises after deducting all Landlord’s reasonable 's expenses in connection with such reletting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys’ attorney's fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Monthly Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Lease Agreement (Fields Technologies Inc)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0225.2(a), but on the contrary elects to take possession as provided in subsection (b) of Section 25.0225.2(b), Tenant will pay to Landlord: (a) Base Monthly Landlord Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s reasonable expenses in connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises Premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent Rent and other sums to Landlord monthly on the day on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent Rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Lease (BioPlus Acquisition Corp.)

Certain Damages. In the event that If Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section section 25.02, but on the contrary elects to take possession as provided in subsection (b) of Section 25.02, Tenant will pay to Landlord: ; (a) Base Monthly Basic Rent and other sums as ----------------- /s/ [ILLEGIBLE]^^ ----------------- Initial Here provided in this Lease, which would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all Landlord’s reasonable 's expenses in connection with such reletting, including including, without limitation, all repossession costs, brokerage commissions, reasonable attorneys’ attorney' fees, expenses of employees, reasonable alteration and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the existing Term, or the premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will Will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day on which the Base Monthly Basic Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Office Lease (Inventa Technologies Inc)

Certain Damages. In the event that Landlord does not elect to terminate this Lease as permitted in subsection (a) of Section 25.0218.2, but on the contrary elects to take possession as provided in subsection (b) of Section 25.0218.2, Tenant will pay to Landlord: Landlord Rent (aincluding any Additional Rent) Base Monthly Rent and other sums as provided in this Lease, which Lease that would be payable under this Lease if such repossession had not occurred, less (b) the net proceeds, if any, of any reletting of the Demised Premises after deducting all of Landlord’s reasonable expenses in in, connection with such reletting, including without limitation, limitation all repossession costs, brokerage commissions, reasonable attorneys’ fees, expenses of employees, reasonable alteration and repair costs costs, and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond the scheduled expiration of the existing Term, or the premises Premises covered by such new lease include other premises not part of the Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection with such reletting as provided in this Section will be made in determining the net proceeds from such reletting, and any rent concessions will be equally apportioned over the term of the new lease. Tenant will pay such rent and other sums to Landlord monthly on the day days on which the Base Monthly Rent would have been payable under this Lease if possession had not been retaken, and Landlord will be entitled to receive such rent Rent and other sums from Tenant on each such day.

Appears in 1 contract

Samples: Lease Agreement (ACV Auctions Inc.)

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