Common use of Continuation After Default Clause in Contracts

Continuation After Default. Notwithstanding the occurrence and continuance of a Tenant Event of Default, this Lease shall continue in effect as long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all of its rights and remedies under this Lease, including the right to recover Rent as the same becomes due hereunder. Acts of maintenance or preservation or efforts to relet the Premises or the appointment of a receiver upon initiative of Landlord to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession. If any fixture, equipment, improvement, installation or appurtenance shall be required to be removed from the Premises and/or the Building by Tenant pursuant to the terms of this Lease, then (in addition to all other rights and remedies) Landlord may, to the extent that Tenant fails to remove the same as required herein promptly following any notice of termination from Landlord, at its election by written notice to Tenant deem that the same has been abandoned by Tenant to Landlord. Following any such notice of abandonment, Landlord may remove and store the same and restore the Premises to the condition required at termination of the Lease as provided herein at the reasonable expense of Tenant, which shall be Additional Rent hereunder to be paid within ten (10) days after written notice to Tenant of such expense.

Continuation After Default. Notwithstanding the occurrence and continuance of a Tenant If any Event of DefaultDefault occurs, this Lease shall continue in effect as so long as Landlord does not terminate Tenant’s right this Lease pursuant to possessionSection 13.2.1 above, and Landlord may enforce all of its rights and remedies under this Lease, including the right to recover Rent as it becomes due. Landlord, without terminating this Lease, may exercise all of the same becomes rights and remedies of a landlord under any applicable Laws. Landlord may enter the Premises and relet it, or any part of it, to third parties for Tenant’s account, and any rent received in excess of the Rent due hereunderhereunder shall belong to Landlord. Tenant shall be liable to Landlord for all costs Landlord incurs in reletting the Premises, including, without limitation, brokers’ commissions, legal fees, expenses of cleaning and redecorating or remodeling the Premises. Reletting may be for a period shorter or longer than the remaining Term of this Lease. Tenant shall pay to Landlord the Rent and other sums due under this Lease on the dates the Rent is due, less the actual rent Landlord receives from any reletting. Acts of maintenance or maintenance, preservation or efforts to relet lease the Premises or the appointment of a receiver upon initiative application of Landlord to protect Landlord’s interest under this Lease shall not constitute a termination of an election to terminate Tenant’s right to possession. If any fixture, equipment, improvement, installation or appurtenance shall be required to be removed from the Premises and/or the Building by Tenant pursuant to the terms of this Lease, then (in addition to all other rights and remedies) Landlord may, to the extent that Tenant fails to remove the same as required herein promptly following any notice of termination from Landlord, at its election by written notice to Tenant deem that the same has been abandoned by Tenant to Landlord. Following any such notice of abandonment, Landlord may remove and store the same and restore the Premises to the condition required at termination of the Lease as provided herein at the reasonable expense of Tenant, which shall be Additional Rent hereunder to be paid within ten (10) days after written notice to Tenant of such expense.