Common use of Continuation After Default Clause in Contracts

Continuation After Default. Even though Lessee has breached this Lease and abandoned the Premises, this Lease shall continue in effect for so long as Lessor does not terminate Lessee's right to possession, and Lessor may enforce all its rights and remedies under this Lease, including the right to recover the rental as it becomes due under this Lease. Acts of maintenance or preservation of efforts to relet the Premises or the appointment of a receiver upon the initiative of Lessor to protect Lessor interest under this Lease shall not constitute a termination of Lessee's right to possession.

Appears in 2 contracts

Samples: Lease (Inventa Technologies Inc), Office Lease Standard Agreement (Gymboree Corp)

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Continuation After Default. Even though Lessee has breached this Lease and abandoned the Premisespremises, this Lease shall continue in effect for so long as Lessor does not terminate LesseeXxxxxx's right to possession, and Lessor may enforce all its rights and remedies under this Lease, including the right to recover the rental as it becomes due under this Lease. Acts of maintenance or preservation of or efforts to relet the Premises premises or the appointment of a receiver upon the initiative of Lessor Xxxxxx to protect Lessor Xxxxxx's interest under this Lease shall not constitute a termination of LesseeXxxxxx's right to possession.

Appears in 1 contract

Samples: Inhale Therapeutic Systems Inc

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Continuation After Default. Even though Lessee has breached this Lease and abandoned the PremisesPremises without payment of rent, this Lease shall continue in effect for so long as Lessor does not terminate Lessee's right to possession, and Lessor may enforce all its rights and remedies under this Lease, including the right to recover the rental as it becomes due under this Lease. Acts of maintenance or preservation of or efforts to relet the Premises or the appointment of a receiver upon the initiative of Lessor to protect Lessor Lessor's interest under this Lease shall not constitute a termination of Lessee's right to possession.

Appears in 1 contract

Samples: Office Lease (Medicalogic Inc)

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