Damages Upon Termination. In the event of any such Event of Default and the subsequent termination of this Lease by Landlord, Landlord shall be entitled to recover from Tenant (a) all Base Rent and Additional Rent accruing up to the time of such termination, (b) all damages to the Building and the Premises, or other damages (including consequential damages) sustained by Landlord as a result of Tenant's default and the breach of this Lease, and (c) liquidated damages equal to the Base Rent and Additional Rent reserved for the balance of the term of this Lease less an amount determined based upon one of the following which Landlord may elect, in Landlord's sole discretion: (i) the rentals which Landlord is able to actually obtain, or which any tenant or tenants have agreed to pay, during the balance of the term of this Lease, which rentals or agreed rentals shall be presumed to represent the fair rental value of the Premises, or (ii) the fair rental value of the Premises for the balance of the term hereof, determined by any other reasonable method, in Landlord's sole discretion.
Appears in 4 contracts
Samples: Office Lease (Infinity Property & Casualty Corp), Office Lease (Infinity Property & Casualty Corp), Office Lease (Infinity Property & Casualty Corp)
