Forfeiture of Lease Sample Clauses

Forfeiture of Lease. If the Lessee defaults and does not remedy the default when the Lessor requires it to do so, the Lessor may do any one or more of the following: (a) re-enter and take possession of the Premises and by notice to the Lessee, terminate this Lease; (b) by notice to the Lessee, convert the unexpired portion of the Term into a tenancy from month to month; (c) exercise any of its other legal rights; or (d) recover from the Lessee any loss suffered by the Lessor due to the Lessee's default.
AutoNDA by SimpleDocs
Forfeiture of Lease. If the Tenant defaults and does not remedy the default when the Landlord requires it to do so, the Landlord may do any one or more of the following: (a) re-enter and take possession of the Premises and by notice to the Tenant, terminate this Lease; (b) by notice to the Tenant, convert the unexpired portion of the Term into a tenancy from month to month; (c) exercise any of its other legal rights; or (d) recover from the Tenant any loss suffered by the Landlord due to the Tenant's default.
Forfeiture of Lease. If an event of default occurs the Landlord may, to the extent permitted by and having complied with the requirements imposed by Law and without prejudice to any other Claim which the Landlord has or may have against the Tenant or any other person, at any time re-enter the Premises or any part of it in the name of the whole at which time this Lease will be absolutely determined.
Forfeiture of Lease. 1. It is covenanted and agreed and made a condition of this lease that prompt payment or the rent reserved, including therein and as a part thereof royalties and all sums of money provided to be paid by the Lessee for taxes, levies, assessments, insurance premiums, and for any other purpose to or for the benefit of the Lessor, at the time and place and in the manner in this lease provided, is of the essence of this contract; that If any such rent or royalty or other sum of money to be paid to or for the benefit of Lessor by the Lessee ass aforesaid, or any part thereof, shall be due and unpaid for thirty (30) days after any such payment shall become due and written notice of default has been given to the Lessee by the Lessor; or If the Lessee shall wilfully conduct its mining operations in such manner as to cause waste to the leased premises of such character as not to be readily remedied by the payment of money and such methods of mining or conduct are continued for sixty (60) days after the Lessor has by writing demanded correction thereof, or if money damages shall be agreed upon by Lessee and Lessor and are not paid by the Lessee within sixty (60) days after the reaching of such agreement; or If the Lessee shall wilfully fail to give to Lessor such maps, statements, or other information reasonably desired by the Lessor and provided by this lease and agreement to be given by the Lessee to the Lessor, and shall continue in such failure for thirty (30) days after the Lessor in writing has requested the same to be furnished by the Lessee; or If the Lessee shall assign or sublet this lease or any part thereof or shall suffer the sale thereof under foreclosure or mortgage contrary to the provisions of Article XI hereof; or If the Lessee shall fail to comply with and perform the requirements of any award or arbitration made pursuant to the provisions of Article XVI hereof in respect of any matter for which this lease and agreement provides for such arbitration within thirty (30) days after such award or determination has become final; or If in respect of any dispute for which arbitration is provided by this lease and agreement the Lessor shall demand arbitration and the Lessee shall refuse to arbitrate or unreasonably fail to cooperate in bringing arbitration to a conclusion, or if neither the Lessor nor the Lessee shall demand arbitration, or if for any other reason, other than the fault of the Lessor, arbitration shall not be entered into or an award shall ...
Forfeiture of Lease. The City reserves the right to terminate and cancel this Agreement and all rights and privileges of the Lessee hereunder in the event that the Lessee: (i) violates any provision of this Agreement or any rule, order, or determination of the City Council made pursuant to this Agreement; or (ii) becomes insolvent, unable to pay its debts, or is adjudged to be bankrupt. Any termination and cancellation of the Lease by the City shall be by ordinance duly adopted only after 60 days' notice to the Lessee. Lessee shall be provided an opportunity to present information at an open public meeting before the City Council prior to any action by the City Council, including termination.
Forfeiture of Lease. (1) The Tenant will be in default and the Landlord may terminate this Lease by notice to the Tenant or re-entry if the Tenant does not comply with an essential term of this lease. (2) The Tenant will be in default and the Landlord may terminate this Lease by notice to the Tenant or re-entry if the Tenant does not comply with an obligation that is not an essential term and the failure to comply either (in the reasonable opinion of the Landlord): (a) cannot be remedied or compensated for; (b) can be remedied but is not remedied within a reasonable time after the landlord gives the Tenant notice to do so; or (c) cannot be remedied but can be compensated for and is not compensated for within a reasonable time after the Landlord gives the Tenant notice to do so.
Forfeiture of Lease. If Tenant(s) fails to pay rent, unpaid obligations, or any other sum required under this lease, when due, or if a health hazard or extensive and continuing physical injury to the premises exists, or if a Tenant, a member of the Tenant's household, or other persons under the Tenant's control has unlawfully manufactured, delivered, possessed with intent to deliver, or unlawfully possessed a controlled substance on the leased premises, Landlord may terminate the lease as provided by Statute. Tenant(s) shall be liable for all expenses incurred due to mitigation efforts including, but not limited to, a $250.00
AutoNDA by SimpleDocs
Forfeiture of Lease. Landlord may elect to terminate this lease by first providing written notice to the Tenant(s) and then only pursuant to the statutes of the State of Michigan and reenter and take possession when Tenant(s) falls to meet terms of this agreement. Landlord shall reenter and take possession only by lawful means pursuant to a court order or after the premises have been surrendered or abandoned by the Tenant(s) and shall not reenter by means of force, lockout or termination of essential services. In the event of recovery of the premises by the Landlord or early termination by tenant, the Landlord shall use his best efforts to rerent the premises on reasonable terms and Tenant(s) agrees to pay Landlord any difference between rent agreed upon herein and rent collected from rerental of premises for the remaining term of this lease. Tenant shall pay costs associated to rerenting the premises, including any realtor fees incurred by Landlord.
Forfeiture of Lease. If the rent hereby reserved or any part thereof shall remain unpaid for twenty-eight (28) days after becoming due (whether formally demanded or not) or if the tenant is in breach of any material agreements and covenants as contained in this lease the landlord may at any time thereafter re-enter the property or any part thereof in the name of the whole and thereupon this lease shall absolutely cease and determine subject to the tenant‟s right to claim relief from forfeiture.
Forfeiture of Lease. If an event of default occurs the Minister may, to the extent permitted by and having complied with the requirements imposed by Xxx and without prejudice to any other Claim which the Minister has or may have against the Tenant or any other person, at any time re-enter the Premises or any part of it in the name of the whole at which time this Lease will be absolutely determined. The right of re-entry for breach of any covenant or condition to which s 146(1) of the Property Law Act 1958 applies must not be exercised until the expiration of 14 days after the Minister has served on the Tenant the Notice required under that section. If the Tenant is in default under this Lease and fails to commence to rectify that default within 14 days of the Minister notifying the Tenant in writing of that default and requiring its rectification or, having commenced, fails to expeditiously complete that rectification within a reasonable time, the Minister may, but will not be obliged to, remedy at any time without further notice any default by the Tenant under this Lease. If the Minister so elects all reasonable Costs incurred by the Minister (including without limitation legal Costs and expenses) in remedying the default will constitute a liquidated debt and must be paid by the Tenant to the Minister on demand.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!