Common use of CONFESSION OF JUDGEMENT Clause in Contracts

CONFESSION OF JUDGEMENT. If rent and/or any charges hereby reserved as rent shall remain unpaid for a period of forty five (45) days when the same ought to be paid, Lessee hereby empowers any Prothonotary, Clerk of Court or attorney of any Court of Record to appear for Lessee in any and all actions which may be brought for rent and/or the charges, payments, costs and expenses reserved as rent, or agreed to be paid by the Lessee and/or to sign for Lessee an agreement for entering in any competent Court an amicable action or actions for the recovery of rent or other charges, payments, costs and expenses, and in said suits or in said amicable action or actions to confess judgement against Lessee for all or any part of the rent specified in this lease and then against Lessee for all or any part of the rent specified in this lease and then unpaid including, at Lessor's option, the rent for the entire unexpired balance of the term of this lease, and/or other charges, payments, costs and expenses reserved as rent or agreed to be paid by the Lessee, and for interest and costs together with any attorney's commission of 15%. Such authority shall not be exhausted by one exercise thereof, but judgement may be confessed as aforesaid from time to time as often as any of said rent and/or other charges, payments, costs and expenses, reserved as rent shall fall due or be in arrears, and such powers may be exercised as well after the expiration of the original term and/or during any extension or renewal of this Lease.

CONFESSION OF JUDGEMENT. 18. If rent and/or any charges hereby reserved as rent shall remain unpaid for a period of forty five (45) days on any day when the same ought to should be paid, paid Lessee hereby empowers any Prothonotary, Clerk of Court Prothonotary or attorney of any Court of Record to appear for Lessee in any and all actions which may be brought for rent and/or the charges, payments, costs and expenses reserved as rent, or agreed to be paid by the Lessee and/or to sign for Lessee an agreement for entering in any competent Court an amicable action or actions for the recovery of rent or other charges, payments, costs and charges or expenses, and in said suits or in said amicable action or actions to confess judgement against Lessee for all or any part of the rent specified in this lease and then judgment against Lessee for all or any part of the rent specified in this lease and then unpaid including, at Lessor's option, the rent for the entire unexpired balance of the term of this lease, and/or other charges, payments, costs and expenses reserved as rent or agreed to be paid by the Lessee, and for interest and costs together with any an attorney's commission of 15%. Such authority shall not be exhausted by one exercise thereof, but judgement judgment may be confessed as aforesaid from time to time as often as any of said rent and/or other charges, payments, costs and expenses, charges reserved as rent shall fall due or be in arrears, and such powers may be exercised as well after the expiration of the original term and/or during any extension or renewal of this Leaselease.

CONFESSION OF JUDGEMENT. If rent and/or any charges hereby reserved as rent shall remain unpaid for a period of forty five (45) days on any day when the same ought to be paid, Lessee hereby empowers any Prothonotary, Prothonotary Clerk of Court or attorney of any Court of Record to appear for Lessee in any and all actions which may be brought for rent and/or the charges, payments, costs and expenses reserved as rent, or agreed to be paid by the Lessee and/or to sign for Lessee an agreement for entering in any competent Court an amicable action or actions actions, for the recovery of rent or other charges, payments, costs and expenses, expenses and in said suits or in said amicable action or actions to confess judgement against Lessee for all or any part of the rent specified in this lease and then against Lessee for all or any part of the rent specified in this lease and then unpaid including, at LessorLandlord's option, the rent for the entire unexpired expired balance of for the term of this lease, lease and/or other charges, payments, costs costs, and expenses reserved as rent or agreed to be paid by the Lessee, Lessee and for interest and costs together with any an attorney's commission of 15five (5%) percent. Such authority shall not be exhausted by one exercise thereof, but judgement may be confessed as aforesaid from time to time as often as any of said rent and/or other charges, payments, costs and expenses, reserved as rent shall fall due or be in arrears, arrears and such powers may be exercised as well after the expiration of the original term and/or during any extension or renewal of this Leaselease.

CONFESSION OF JUDGEMENT. If rent and/or any charges hereby reserved as rent shall remain unpaid for a period of forty five (45) days on any day when the same ought to be paid, Lessee hereby empowers any ProthonotaryPro- thonotary, Clerk of Court or attorney of any Court of Record to appear for Lessee in any and all actions which may be brought for rent and/or the charges, payments, costs Costs and expenses reserved as rent, or agreed to be paid by the Lessee and/or to sign for Lessee an agreement for entering in any competent Court an amicable action or actions for the recovery of rent or other charges, payments, costs and expenses, and in said suits Suits or in said amicable action or actions to confess judgement against Lessee for all or any part of the rent specified in this lease and then judgment against Lessee for all or any part of the rent specified in this lease and then unpaid including, at Lessor's option, the rent for the entire unexpired balance of the term of this lease, and/or other charges, payments, costs and expenses reserved as rent or agreed to be paid by the Lessee, and for interest and costs together with any attorney's commission of 155%. Such authority shall not be exhausted by one exercise thereof, but judgement judgment may be confessed as aforesaid from time to time as often as any of said rent and/or other charges, payments, costs and expenses, reserved as rent shall fall due or be in arrears, and such powers may be exercised as well after the expiration of the original term and/or during any extension or renewal of this Leaselease.