Common use of DEFAULT AND RE-ENTRY Clause in Contracts

DEFAULT AND RE-ENTRY. If Lessee fails to pay rent when due; if Lessee fails to perform any other obligations under this agreement within ten (10) days after receiving written notice of the default from Lessor; if Lessee makes any assignment for the benefit of creditors or a receiver is appointed for Lessee or its property; or if any proceedings are instituted by or against Lessee for bankruptcy (including reorganization) or under any insolvency laws, Lessor may terminate this Lease, re-enter the Premises, and seek to relet the Premises on terms set by Lessor in its sole discretion. Notwithstanding re-entry by Lessor, Lessee shall continue to be liable to Lessor for rent owed under this Lease and for any rent deficiency that results from reletting the Premises during the term of this Lease. Notwithstanding any reletting without termination, Lessor may at any time elect to terminate this Lease for any default by Lessee by giving Lessee written notice of the termination. In addition to Lessor’s other rights and remedies as stated in this Lease, and without waiving any of those rights, or if Lessee defaults in the performance of any of its obligations under this Lease, Lessor may cure defaults and shall not be responsible to Lessee for any loss or damage that is caused by that action. Lessee shall pay to Lessor, upon demand, the Lessor’s costs for curing any defaults, as additional rent under this lease.

DEFAULT AND RE-ENTRY. If Lessee fails to pay rent when due; if Lessee fails to perform any other obligations under this agreement within ten (10) days after receiving written notice of the default from Lessor; if Lessee makes any assignment for the benefit of creditors or a receiver is appointed for Lessee or its property; or if any proceedings are instituted by or against Lessee for bankruptcy (including reorganization) or under any insolvency laws, Lessor may terminate this Lease, re-enter the Premises, and seek to relet the Premises on terms set by Lessor in its sole discretion. Notwithstanding re-entry by Lessor, Lessee shall continue to be liable to Lessor for rent owed under this Lease and for any rent deficiency that results from reletting the Premises during the term of this Lease. Notwithstanding any reletting without termination, Lessor may at any time elect to terminate this Lease for any default by Lessee by giving Lessee written notice of the termination. In addition to LessorXxxxxx’s other rights and remedies as stated in this Lease, and without waiving any of those rights, or if Lessee defaults in the performance of any of its obligations under this Lease, Lessor may cure defaults and shall not be responsible to Lessee for any loss or damage that is caused by that action. Lessee shall pay to Lessor, upon demand, the Lessor’s costs for curing any defaults, as additional rent under this lease.

DEFAULT AND RE-ENTRY. If Lessee the lessee fails to pay rent when due; if Lessee due or fails to perform any other obligations under this agreement within ten (10) 10 days after receiving written notice of the default from Lessorthe lessor; if Lessee the lessee makes any assignment for the benefit of creditors or a receiver is appointed for Lessee the lessee or its property; or if any proceedings are instituted by or against Lessee the lessee for bankruptcy (including reorganization) or under any insolvency laws, Lessor the lessor may terminate this Leaselease, re-enter the Premisespremises, and seek to relet the Premises premises on whatever terms set by Lessor in its sole discretionthe lessor deems advisable. Notwithstanding re-entry by Lessorthe lessor, Lessee the lessee shall continue to be liable to Lessor the lessor for rent owed under this Lease lease and for any rent deficiency that results from reletting the Premises premises during the term of this Leaselease. Notwithstanding any reletting without termination, Lessor the lessor may at any time elect to terminate this Lease lease for any default by Lessee the lessee by giving Lessee the lessee written notice of the termination. In addition to Lessor’s the lessor's other rights and remedies as stated in this Leaselease, and without waiving Waiving any of those rights, if the lessor deems necessary any repairs that the lessee is required to make or if Lessee the lessee defaults in the performance of any of its obligations under this Leaselease, Lessor the lessor may make repairs or cure defaults and shall not be responsible to Lessee the lessee for any loss or damage that is caused by that action. Lessee The lessee shall immediately pay to Lessorthe lessor, upon demandon remand, the Lessor’s lessor's costs for curing any defaults, as additional rent under this lease.