Common use of Continuing Liability Clause in Contracts

Continuing Liability. Tenant shall, with respect to all periods of time up to and including the expiration of the Term (or what would have been the expiration date in the absence of default or breach) remain liable to Landlord as follows: (i) In the event of termination of this Lease on account of Tenant's default or breach, Tenant shall remain liable to Landlord for damages equal to the rent payable under this Lease by Tenant as if this Lease were still in effect, less the net proceeds of any reletting after deducting all costs incident thereto (including without limitation all repossession costs, brokerage and management commissions, operating and legal expenses and fees, alteration costs and expenses of preparation for reletting) and to the extent such damages shall not have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), such damages shall be payable to Landlord, at Landlord's option, monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine. (ii) In the event and so long as this Lease shall not have been terminated after default or breach by Tenant, the rent payable under this Lease shall be reduced by the net proceeds of any reletting by Landlord (after deducting all costs incident thereto as above set forth) and by any portion of the Accelerated Rent Component paid by Tenant to Landlord (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), and any amount due to Landlord shall be payable monthly, at Landlord's option, upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine.

Continuing Liability. Tenant shall, with respect to all periods of time up to and including the expiration of the Term term of this Lease (or what would have been the expiration date in the absence of default or breach) remain liable to Landlord as follows: (i) In the event of termination of this Lease on account of Tenant's default or breachan Event of Default, Tenant shall remain liable to Landlord for damages equal to the rent and other charges payable under this Lease by Tenant as if this Lease were still in effect, less the net proceeds of any reletting after deducting all costs incident thereto (including without limitation all repossession costs, brokerage and management commissionscommission, operating and legal expenses and fees, alteration costs and expenses of preparation for reletting, and interest relating thereto) and to the extent such damages shall not have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), such damages shall be payable to Landlord, at Landlord's option, Landlord monthly upon presentation to Tenant of a ▇bill ▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine. (ii) In the event and so long as this Lease shall not have been terminated after default or breach by Tenantan Event of Default, the rent and all other charges payable under this Lease shall be reduced by the net proceeds of any reletting by Landlord (after deducting all costs incident thereto as above set forth) and by any portion of the Accelerated Rent Component paid by Tenant to Landlord (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component)Landlord, and any amount due to Landlord shall be payable monthly, at Landlord's option, monthly upon presentation to Tenant of a ▇bill ▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine.

Continuing Liability. Tenant shall, with respect to all periods of time up to and including the expiration of the Term term of this Lease (or what would have been the expiration date in the absence of default or breach) remain liable to Landlord as follows: (i) In the event of termination of this Lease on account of Tenant's default or breachan Event of Default, Tenant shall remain liable to Landlord for damages equal to the rent and other charges payable under this Lease by Tenant as if this Lease were still in effect, less the net proceeds of any reletting after deducting all costs incident thereto (including without limitation all repossession costs, any brokerage and management commissions, operating and legal expenses and fees, alteration costs and expenses of preparation for reletting, and interest relating thereto) and to the extent such damages shall not have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), such damages shall be payable to Landlord, at Landlord's option, Landlord monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine. (ii) In the event and so long as this Lease shall not have been terminated after default or breach by Tenantan Event of Default, the rent and all other charges payable under this Lease shall be reduced by the net proceeds of any reletting by Landlord (after deducting all costs incident thereto as above set forth) and by any portion of the Accelerated Rent Component paid by Tenant to Landlord (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component)Landlord, and any amount due to Landlord shall be payable monthly, at Landlord's option, monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine.

Continuing Liability. Tenant shall, with respect to all periods of time up to and including the expiration of the Term term of this Lease (or what would have been the expiration date in the absence of default or breach) remain liable to Landlord as follows: (iA) In the event of termination of this Lease on account of Tenant's default or breachan Event of Default, Tenant shall remain liable to Landlord for damages equal to the rent and other charges payable under this Lease by Tenant as if this Lease were still in effect, less the net proceeds of any reletting after deducting all costs incident thereto (including without limitation all repossession costs, brokerage and management commissionscommission, operating and legal expenses and fees, alteration costs and expenses of preparation for reletting, and interest relating thereto) and to the extent such damages shall not have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), such damages shall be payable to Landlord, at Landlord's option, Landlord monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine. (iiB) In the event and so long as this Lease shall not have been terminated after default or breach by Tenantan Event of Default, the rent and all other charges payable under this Lease shall be reduced by the net proceeds of any reletting by Landlord (after deducting all costs incident thereto as above set forth) and by any portion of the Accelerated Rent Component paid by Tenant to Landlord (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component)Landlord, and any amount due to Landlord shall be payable monthly, at Landlord's option, monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine.

Continuing Liability. No expiration or termination of the Term pursuant to Section 15.2 (iii) or by operation of law or otherwise, no repossession of the Leased Premises or any part thereof pursuant to Section 15.3 or otherwise, and no reletting of the Leased Premises or any part thereof pursuant to Section 15.4, shall relieve Tenant shallof any of its liabilities and obligations hereunder, with respect all of which shall survive such expiration, termination, repossession or reletting. In the event of any expiration or termination of this Lease or any repossession of the Leased Premises or any part thereof by reason of a Default, where Landlord has not elected to accelerate Rent pursuant to Section 15.2 (i), Tenant shall pay to Landlord the Rent (including Taxes and Expenses), and all periods of time up other sums required to be paid by Tenant hereunder to and including the expiration date of such expiration, termination or repossession; and, thereafter, Tenant shall, until the Term (or end of what would have been the expiration date of the Term in the absence of default such expiration, termination or breach) remain repossession, and whether or not the Leased Premises or any part thereof shall have been relet, be liable to Landlord for, and shall pay to Landlord, as follows: liquidated and agreed current damages, the Rent (i) In the event of termination of this Lease on account of Tenant's default or breachincluding Taxes and Expenses), and all other sums which would have been payable by Tenant shall remain liable to Landlord for damages equal to the rent payable under this Lease by Tenant as if this Lease were still in effectthe absence of such expiration, termination or repossession, less the net proceeds proceeds, if any, of any reletting effected for the account of Tenant pursuant to Section 15.4, after deducting from such proceeds all costs incident thereto of Landlord's expenses in connection with such reletting (including including, without limitation limitation, all related repossession costs, brokerage and management commissions, operating and legal expenses and expenses, attorneys' fees, employees' expenses, alteration and redecoration costs and expenses of preparation for reletting) and ). Tenant shall pay such current damages to Landlord on the extent such damages shall not days on which the Rent would have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), such damages shall be payable to Landlord, at Landlord's option, monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine. (ii) In the event and so long as this Lease shall not have been terminated after default or breach by Tenant, the rent payable under this Lease shall be reduced by in the net proceeds absence of any reletting by Landlord (after deducting all costs incident thereto as above set forth) and by any portion of the Accelerated Rent Component paid by Tenant to Landlord (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component)such expiration, termination or repossession, and any amount due to Landlord shall be payable monthly, at Landlord's option, upon presentation entitled to recover the same from Tenant of a ▇▇▇▇ for the amount due, or at on each such other intervals or times as Landlord shall determineday.

Continuing Liability. Tenant shall, with respect to all -------------------- periods of time up to and including the expiration of the Term term of this Lease (or what would have been the expiration date in the absence of default or breach) remain liable to Landlord as follows: (i) In the event of termination of this Lease on account of Tenant's default or breachan Event of Default and provided Landlord does not elect to collect the Accelerated Rent Component, Tenant shall remain liable to Landlord for damages equal to the rent and other charges payable under this Lease by Tenant as if this Lease were still in effect, less the net proceeds of any reletting after deducting all costs incident thereto (including without limitation all repossession costs, brokerage and management commissionscommission, operating and legal expenses and fees, alteration costs [where appropriate, amortized or chargeable only for the remaining term] and expenses the reasonable costs of preparation for reletting, and interest relating thereto) and, regardless of Landlord's election to collect the Accelerated Rent Component, Tenant shall remain liable to Landlord for any legal expenses and fees (as well as other costs attributable solely to Tenant's default and which would not have been incurred by Landlord in the normal course of business as a result of entering into a new lease transaction with respect to the Demised Premises) to the extent such damages shall fees and costs are not have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), such damages . Such costs or expenses shall be payable to Landlord, at Landlord's option, Landlord monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine. (ii) In the event and so long as this Lease shall not have been terminated after default or breach by Tenantan Event of Default, the rent and all other charges payable under this Lease shall be reduced by the net proceeds of any reletting by Landlord (after deducting all reasonable costs incident thereto as above set forth) and by any portion of the Accelerated Rent Component paid by Tenant to Landlord (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component)Landlord, and any amount due to Landlord shall be payable monthly, at Landlord's option, monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine.

Continuing Liability. Notwithstanding any assignment or subletting, Tenant shall, with respect to all periods of time up to and including the expiration of the Term (or what would have been the expiration date in the absence of default or breach) remain liable to Landlord as follows: (i) In the event of termination of this Lease on account any guarantor of Tenant's default or breach, Tenant shall remain liable to Landlord for damages equal to the rent payable under this Lease by Tenant as if this Lease were still in effect, less the net proceeds of any reletting after deducting all costs incident thereto (including without limitation all repossession costs, brokerage and management commissions, operating and legal expenses and fees, alteration costs and expenses of preparation for reletting) and to the extent such damages shall not have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), such damages shall be payable to Landlord, at Landlord's option, monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine. (ii) In the event and so long as this Lease shall not have been terminated after default or breach by Tenant, the rent payable obligations under this Lease shall be reduced at all times remain fully responsible and liable for the payment of Rent herein specified and for compliance with all of its other obligations under this Lease (even if future assignments and sublettings occur subsequent to the assignment or subletting by Tenant, and regardless of whether or not Landlord's approval has been obtained for such future assignments and sublettings). Moreover, in the event that the rental due and payable by a sublessee (or a combination of the rental payable under such sublease plus any bonus or other consideration therefor or incident thereto) exceeds the Rent payable under this Lease, or if with respect to a permitted assignment, permitted license or other transfer by Tenant permitted by Landlord, the consideration payable to Tenant by the net proceeds assignee, licensee, leased departments, or other transferee exceeds the Rent payable under this Lease, then Tenant shall be obligated to pay Landlord all such excess rental and other excess consideration within ten (10) days following receipt thereof by Tenant from such sublessee, assignee, licensee or other transferee, as the case may be. Finally, in any event of assignment or subletting it is understood and agreed that all rentals paid to Tenant by an assignee or sublessee shall be received by Tenant in trust for Landlord, to be forwarded immediately to Landlord without offset or reduction of any reletting kind; or upon election by Landlord (after deducting all costs incident thereto as above set forth) and by any portion of the Accelerated Rent Component Landlord, such rentals shall be paid by Tenant directly to Landlord as specified in Section 4.1 of this Lease (but without prejudice to the right of Landlord be applied as a credit and offset to demand and receive the Accelerated Tenant's Rent Componentobligations), and any amount due to Landlord shall be payable monthly, at Landlord's option, upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine.

Continuing Liability. Tenant shall, with respect to all periods of time up to and including the expiration of the Term term of this Lease (or what would have been the expiration date in the absence of default or breach) remain liable to Landlord as follows: (i) In the event of termination of this Lease on account of Tenant's default or breachan Event of Default, Tenant shall remain liable to Landlord for damages equal to the rent and other charges payable under this Lease by Tenant as if this Lease were still in effect, less the net proceeds of any reletting after deducting all costs incident thereto (including without limitation all repossession costs, brokerage and management commissionscommission, operating and legal expenses and fees, alteration costs and expenses of preparation for reletting, and interest relating thereto) and to the extent such damages shall not have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component), such damages shall be payable to Landlord, at Landlord's option, Landlord monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine. (ii) In the event and so long as this Lease shall not have been terminated after default or breach by Tenantan Event of Default, the rent and all other charges payable under this Lease shall be reduced by the net proceeds of any reletting by Landlord (after deducting all costs incident thereto as above set forth) and by any portion of the Accelerated Rent Component paid by Tenant to Landlord (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Component)Landlord, and any amount due to Landlord shall be payable monthly, at Landlord's option, monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine.

Continuing Liability. Tenant shall, with respect to all periods -------------------- of time up to and including the expiration of the Term term of this Lease (or what would have been the expiration date in the absence of default or breach) remain liable to Landlord as follows: (i) In the event of termination of this Lease on account of Tenant's default or breach, Tenant shall remain liable to Landlord for damages equal to the rent and other charges payable under this Lease by Tenant as if this Lease were still in effect, less the net proceeds of any reletting after deducting all costs incident thereto (including without limitation all repossession costs, brokerage and management commissions, operating and legal expenses and fees, alteration costs and expenses of preparation for reletting) and to the extent such damages shall not have been recovered by Landlord by virtue of payment by Tenant of the Accelerated Rent Recovery Component (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Recovery Component), such damages shall be payable to Landlord, at Landlord's option, monthly upon presentation to Tenant of a ▇▇▇▇ for the amount due, due or at such other intervals or times as Landlord shall determine. (ii) In the event and so long as this Lease shall not have been terminated after default or breach by Tenant, the rent and all other charges payable under this Lease shall be reduced by the net proceeds of any reletting by Landlord (after deducting all costs incident thereto as above set forth) and by any portion of the Accelerated Rent Recovery Component paid by Tenant to Landlord (but without prejudice to the right of Landlord to demand and receive the Accelerated Rent Recovery Component), and any amount due to Landlord shall be payable monthly, at Landlord's option, upon presentation to Tenant of a ▇▇▇▇ for the amount due, or at such other intervals or times as Landlord shall determine.