Common use of Damages Upon Repossession Clause in Contracts

Damages Upon Repossession. If Landlord repossesses the Premises without ------------------------- terminating this Lease, Tenant, at Landlord's option, shall be liable for and shall pay Landlord on demand all rental and other payments owed to Landlord hereunder, accrued to the date of such repossession, plus all amounts required to be paid by Tenant to Landlord until the date of expiration of the term as stated in Paragraph 1, diminished by all amounts actually received by Landlord through reletting the Premises during such remaining term (but only to the extent of the rent herein reserved). Actions to collect amounts due by Tenant to Landlord under this paragraph may be brought from time to time, on one or more occasions, without the necessity of Landlord's waiting until expiration of the Lease term.

Appears in 2 contracts

Samples: Lease Agreement (Active Power Inc), Lease Agreement (Clearcommerce Corp)

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Damages Upon Repossession. If Landlord repossesses the Premises without ------------------------- terminating this Lease, Tenant, at Landlord's ’s option, shall be liable for and shall pay Landlord on demand all rental and other payments owed to Landlord hereunder, accrued to the date of such repossession, plus all amounts required to be paid by Tenant to Landlord until the date of expiration of the term as stated in Paragraph 1, diminished by all amounts actually received by Landlord through reletting the Premises during such remaining term (but only to the extent of the rent herein reserved). Actions to collect amounts due by Tenant to Landlord under this paragraph may be brought from time to time, on one or more occasions, without the necessity of Landlord's ’s waiting until expiration of the Lease term.

Appears in 2 contracts

Samples: Lease Agreement (DJO Finance LLC), Lease Agreement (Rules-Based Medicine Inc)

Damages Upon Repossession. If Landlord repossesses the Premises ------------------------- without ------------------------- terminating this Lease, Tenant, at Landlord's option, shall be liable for and shall pay Landlord on demand all rental and other payments owed to Landlord hereunder, accrued to the date of such repossession, plus and shall additionally timely pay as they accrue all amounts required to be paid by Tenant under this Lease to Landlord until the date of expiration of the term as stated in Paragraph 1, diminished by all amounts actually received by Landlord through reletting the Premises during such remaining term (but only to the extent of the rent herein reserved). Actions to collect amounts due by Tenant to Landlord under this paragraph may be brought from time to time, on one or more occasions, without the necessity of Landlord's waiting until expiration of the Lease term.

Appears in 1 contract

Samples: Lease Agreement (Luminex Corp)

Damages Upon Repossession. If Landlord repossesses the Premises ------------------------- without ------------------------- terminating this Lease, Tenant, at Landlord's option, shall be liable for and shall pay Landlord on demand all rental and other payments owed to Landlord hereunder, accrued to the date of such repossession, plus all amounts required to be paid by Tenant to Landlord until the date of expiration of the term as stated in Paragraph 1, diminished by all amounts actually received by Landlord through reletting the Premises during such remaining term (but only to the extent of the rent herein reserved). Actions to collect amounts due by Tenant to Landlord under this paragraph may be brought from time to time, on one or more occasions, without the necessity of Landlord's waiting until expiration of the Lease term.

Appears in 1 contract

Samples: Lease Agreement (Active Power Inc)

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Damages Upon Repossession. If Landlord repossesses the Premises without ------------------------- terminating this Lease, . Tenant, at Landlord's ’s option, shall be liable for and shall pay Landlord on demand all rental and other payments owed to Landlord hereunder, accrued to the date of such repossession, plus and shall additionally timely pay as they accrue all amounts required to be paid by Tenant under the Lease to Landlord until the date of expiration of the term Term as stated in Paragraph 1I, diminished by all amounts actually received by Landlord through reletting the Premises during such remaining term Term (but only to the extent of the rent herein reserved). Actions to collect amounts due by Tenant to Landlord under this paragraph may be brought from time to time, on one or more occasions, without the necessity of Landlord's ’s waiting until expiration of the Lease termTerm.

Appears in 1 contract

Samples: Lease Agreement (Staktek Holdings Inc)

Damages Upon Repossession. If Landlord repossesses the Premises ------------------------- without ------------------------- terminating this Lease, Tenant, at Landlord's option, shall be liable for and shall pay Landlord on demand all rental and other payments owed to Landlord hereunder, accrued to the date of such repossession, plus all amounts required to be paid by Tenant to Landlord until the date of expiration of the term as stated in Paragraph 1, diminished reduced by all amounts actually received by Landlord through reletting the Premises Premises, during such remaining term (but only to the extent of the rent herein reserved). Actions to collect amounts due by Tenant to Landlord under this paragraph may be brought from time to time, on one or more occasions, without the necessity of Landlord's waiting until expiration of the Lease term.

Appears in 1 contract

Samples: Lease Agreement (Asyst Technologies Inc /Ca/)

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