Common use of Continuing Liability After Termination Clause in Contracts

Continuing Liability After Termination. In the event this Lease is terminated on account of the occurrence of an event of default, Landlord will be entitled to recover against Xxxxxx as damages for loss of the bargain and not as a penalty: (a) The worth at the time of award of the unpaid Monthly Rent and other sums due hereunder that have been earned at the time of termination; and (b) The worth at the time of award of the amount by which the unpaid Monthly Rent and other sums due hereunder that would have been earned after termination until the time of award exceeds the amount of such rental loss that Xxxxxx proves could have been reasonably avoided by Landlord. The “worth at the time of award” of the amounts referred to in clauses (a) and (b) above is computed by adding interest at the per annum base interest rate of UMB Bank, Wichita, Kansas on the date on which this Lease is terminated from the date of termination until the time of the award.