Common use of Damages Upon Default Clause in Contracts

Damages Upon Default. If Landlord elects to terminate this Lease by reason of an Event of Default, then, notwithstanding such termination, Landlord may hold Tenant liable for all rental and other indebtedness accrued to the date of such termination, plus, at Landlord’s election, either:

Appears in 5 contracts

Samples: Datacenter Lease (Endurance International Group Holdings, Inc.), Certain Defined Terms (Carbonite Inc), Turn Key Datacenter Lease (Carbonite Inc)

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Damages Upon Default. If Landlord elects to terminate this Lease by reason of an Event of Default, then, notwithstanding such termination, Landlord may hold Tenant liable for all rental and other indebtedness accrued to the date of such termination, plus, at LandlordXxxxxxxx’s election, either:either (to the extent permitted by Applicable Law):

Appears in 1 contract

Samples: Datacenter Lease (Carbonite Inc)

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