Common use of Damages for Default Clause in Contracts

Damages for Default. Whether or not Landlord retakes possession or relets the Premises, Landlord may recover all damages caused by the default (including but not limited to unpaid rent, attorneys’ fees relating to the default, and costs of reletting). Landlord may xxx periodically to recover damages as they accrue during the remainder of the lease term without barring a later action for further damages. Landlord may at any time bring an action for accrued damages plus damages for the remaining lease term equal to the difference between the rent specified in this Lease and the reasonable rental value of the Premises for the remainder of the term, discounted to the time of judgment at the rate of six percent (6%) per annum.

Appears in 2 contracts

Samples: Commercial Office Lease, Commercial Office Lease (Galena Biopharma, Inc.)

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Damages for Default. Whether or not Landlord retakes possession or relets the Leased Premises, Landlord may recover all damages caused by the default (including default, including, but not limited to to, unpaid rent, attorneys’ fees relating to the default, and costs of reletting). Landlord may xxx sue periodically to recover damages as they accrue during the remainder of the lease term Term without barring a later action for further damages. Landlord may at any time bring an action for accrued damages plus damages for the remaining lease term equal to the difference between the rent specified in this Lease and the reasonable rental value of the Leased Premises for the remainder of the term, discounted to the time of judgment at the rate of six percent (6%) 1% per annumannum over the discount rate of the Federal Reserve Bank of New York as of the date of such judgment.

Appears in 2 contracts

Samples: Service Garage Lease, Office Lease Agreement

Damages for Default. Whether or not Landlord retakes possession or relets the PremisesProperty, Landlord may recover all damages caused by the default (including including, but not limited to to, unpaid rent, attorneys' fees relating to the default, and costs of relettingreletting reasonably incurred by Landlord). Landlord may xxx sue periodically to recover damages as damagex xs they accrue during the remainder of the lease Lease term without barring a later action for further damages. Landlord may at any time bring an action for accrued damages plus damages for the remaining lease Lease term equal to the difference between the rent specified in this Lease and the reasonable rental value of the Premises Property for the remainder of the term, discounted to the time of judgment at the rate of six nine percent (69%) per annum.

Appears in 1 contract

Samples: Warehouse Lease (Columbia Sportswear Co)

Damages for Default. Whether or not Landlord retakes possession or relets the PremisesProperty, Landlord may recover all damages caused by the default (including including, but not limited to to, unpaid rent, attorneys' fees relating to the default, and costs of relettingreletting reasonably incurred by Landlord). Landlord may xxx sue periodically to recover damages as xx they accrue during the remainder of the lease Lease term without barring a later action for further damages. Landlord may at any time bring an action for accrued damages plus damages for the remaining lease Lease term equal to the difference between the rent specified in this Lease and the reasonable rental value of the Premises Property for the remainder of the term, discounted to the time of judgment at the rate of six nine percent (69%) per annum.

Appears in 1 contract

Samples: Office Lease (Columbia Sportswear Co)

Damages for Default. Whether or not Landlord retakes possession or relets the Leased Premises, Landlord may recover all damages caused by the default (including but not limited to unpaid rent, attorneys’ attorney’s fees relating to the default, and costs of reletting). Landlord may xxx periodically to recover damages as they accrue during the remainder of the lease Lease term without barring a later action for further damages. Upon the occurrence of a payment default, Landlord may at any time bring an action for accrued damages plus damages for the remaining lease Lease term equal to the difference between the rent specified in this Lease and the reasonable rental value of the Leased Premises for the remainder of the term, discounted to the time of judgment at the rate of six seven percent (67%) per annum.

Appears in 1 contract

Samples: Commercial Lease (HouseValues, Inc.)

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Damages for Default. Whether or not Landlord retakes possession or relets the Premises, Landlord may recover all damages caused by the default (including but not limited to unpaid rent, attorneys' fees relating to the default, and costs of reletting). Landlord may xxx periodically to recover damages as they accrue during the remainder of the lease term without barring a later action for further damages. Landlord may at any time bring an action for accrued damages plus damages for the remaining lease term equal to the difference between the rent specified in this Lease and the reasonable rental value of the Premises for the remainder of the term, discounted to the time of judgment at the rate of six nine percent (69%) per annum.

Appears in 1 contract

Samples: Commercial Lease (Metro One Telecommunications Inc)

Damages for Default. Whether or not Landlord retakes possession or relets the PremisesProperty, Landlord may recover all damages caused by the default (including but not limited to unpaid rent, attorneys' fees relating to the default, and costs of reletting). Landlord may xxx periodically to recover damages as they accrue during the remainder of the lease term without barring a later action for further damages. Landlord may at any time bring an action for accrued damages plus damages for the remaining lease term equal to the difference between the rent specified in this Lease and the reasonable rental value of the Premises Property for the remainder of the term, discounted to the time of judgment at the rate of six percent NINE PERCENT (69%) per annum.

Appears in 1 contract

Samples: Retail Lease Agreement (National Vision Inc)

Damages for Default. Whether or not Landlord retakes possession or relets the Leased Premises, Landlord may recover all damages caused by the default (including including, but not limited to unpaid rent, attorneys’ attorney's fees relating to the default, and costs of reletting). Landlord may xxx sue periodically to recover damages as they accrue during the remainder of the lease Lease term without barring a later action for further damages. Upon the occurrence of a payment default, Landlord may at any time bring an action for accrued damages plus damages for the remaining lease term Lease Term equal to the difference between the rent specified in this Lease and the reasonable rental value of the Leased Premises for the remainder of the termTerm, discounted to the time of judgment at the rate of six three percent (63%) per annum.

Appears in 1 contract

Samples: Commercial Lease (Mechanical Technology Inc)

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