Common use of Landlord’s Options Clause in Contracts

Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent as it becomes due under the Lease; or (ii) terminate Tenant’s right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project is located in which event Landlord may, but shall be under no obligation to do so (except to the extent required by the laws of the State in which the Project is located), relet the Premises for the account of Tenant for such Rent and upon such Terms as shall be satisfactory to Landlord. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s expense. Tenant shall also be responsible for Rent for the period that the Premises are vacant and all costs of re-letting, including, without limitation, brokerage commissions and attorneys’ fees. Tenant shall be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 2 contracts

Samples: Office Lease (Ameriquest, Inc.), Office Lease (Ameriquest, Inc.)

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Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s 's right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent rent as it becomes due under the Lease; or (ii) terminate Tenant’s 's right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in of Florida, without demand or notice of any kind to Tenant except that which the Project is located required by Florida law and its requirements of legal process, in which event Landlord may, but shall be under no obligation use commercially reasonable efforts to do so (except to the extent required by the laws of the State in which the Project is located), relet the Premises for the account of Tenant for such Rent rent and upon such Terms terms as shall be satisfactory to Landlordreasonable. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s 's expense, provided that the same are justified by the economics of the replacement lease in Landlord's reasonable determination. Tenant shall also be responsible for Rent rent for the period that the Premises are vacant and all costs of re-letting, including, including without limitation, brokerage commissions and attorneys' fees. Tenant shall also be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Office Lease (Mackenzie Investment Management Inc)

Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Terminate Tenant’s 's right to possession, and Landlord may tnay enforce all its rights and remedies under the Lease, including the right to recover the Rent all rent as it becomes becotnes due under the Lease; or (ii) terminate Terminate Tenant’s 's right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project Building is located located, without demand or notice of any kind to Tenant, in which event Landlord mayinay, but shall be under no obligation to do so (except to the extent unless required by the laws of the State in which the Project Building is located), relet the Premises for the account of Tenant for such Rent rent and upon such Terms terms as shall be satisfactory to Landlord. For the purpose of any such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may inay be necessary or convenient, at Tenant’s 's expense. Tenant shall also be responsible for Rent rent for the period that the Premises are vacant and all costs of reofr"e-letting, including, without limitation, brokerage commissions conunissions and attorneys' fees. Tenant shall be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term of this Lease. If said breach of the Lease continuescontint1es, Landlord may, at any time tiine thereafter, elect to terminate Terminate the Lease; or (iiiM) exercise any and or all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Lease Agreement (AL International, Inc.)

Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent rent as it becomes due under the Lease; or (ii) terminate Tenant’s right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project Property is located located, without demand or notice of any kind to Tenant, in which event Landlord may, but shall be under no obligation use commercially reasonable efforts to do so (except to the extent required by the laws of the State in which the Project is located), relet the Premises for the account of Tenant for such Rent rent and upon such Terms terms as shall be satisfactory to Landlord. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s expense. Tenant shall also be responsible for Rent rent for the period that the Premises are vacant and all costs of re-letting, including, without limitation, reasonable brokerage commissions and attorneys’ fees. Tenant shall be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Lease (Adma Biologics, Inc.)

Landlord’s Options. In the event of any breach of this Lease by Tenant, Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under the this Lease, including the right to recover the Rent as it becomes due under the Leasedue; or (ii) terminate Tenant’s right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project is located in which event Landlord may, but shall be under no obligation to do so (except to the extent required by the laws of the State in which the Project is located), relet the Premises for the account of Tenant for such Rent rent and upon such Terms terms as shall be satisfactory to Landlord; and (iii) exercise any and all other rights and remedies available to Landlord at law or in equity. For purpose of such reletting In the event that Landlord elects to relet: (i) Landlord is hereby authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s expense. , (ii) Tenant shall also be responsible for Rent for the period that the Premises are vacant and for all costs of re-letting, including, without limitation, brokerage commissions and attorneys’ fees. , and (iii) Tenant shall be liable for any deficiency of such rental below the total rental Rent and all other payments herein provided for the unexpired balance of the Term of this Lease. If said breach of the Lease continues, Landlord may, at (or any time thereafter, elect to terminate the Lease; extension or (iii) exercise any and all other rights and remedies available to Landlord at law or in equityrenewal thereof).

Appears in 1 contract

Samples: Office Lease (Feel the World, Inc.)

Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s 's right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent rent as it becomes due under the Lease; or (ii) terminate Tenant’s 's right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project is located located, without demand or notice of any kind to Tenant, in which event Landlord may, but shall be under no obligation to do so (except to the extent required by the laws of the State in which the Project is located), relet the Premises for the account of Tenant for such Rent rent and upon such Terms terms as shall be satisfactory to Landlord. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s 's expense. Tenant shall also be responsible for Rent rent for the period that the Premises are vacant and all costs of re-letting, including, without limitation, brokerage commissions and attorneys' fees. Tenant shall be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Industrial Lease (PishPosh, Inc.)

Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent rent as it becomes due under the Lease; or (ii) terminate Tenant’s right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project is located located, without demand or notice of any kind to Tenant, in which event Landlord may, but shall be under no obligation to do so (except to the extent required by the laws of the State in which the Project is located), relet the Premises for the account of Tenant for such Rent rent and upon such Terms terms as shall be satisfactory to Landlord. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenientto relet the Premises , at Tenant’s expense. Tenant shall also be responsible for Rent rent for the period that the Premises are vacant and all costs of re-letting, including, without limitation, brokerage commissions and reasonable attorneys’ fees. Tenant shall be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Office Lease (Sento Corp)

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Landlord’s Options. Landlord may, in the alternative, : (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s 's right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent as it becomes due under the Lease; or or (ii) terminate Tenant’s 's right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project is located in which event Landlord may, but shall be under no obligation to do so (except to the extent required by the laws of the State in which the Project is located), relet the Premises for the account of Tenant for such Rent and upon such Terms terms as shall be satisfactory to Landlord. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s 's expense. Tenant shall also be responsible for Rent for the period that the Premises are vacant and all costs of re-letting, including, without limitation, brokerage commissions and attorneys' fees. Tenant shall be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Office Lease Agreement (Zhone Technologies Inc)

Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s 's right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent as it becomes due under the Lease; or (ii) terminate Tenant’s 's right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project is located in which event Landlord may, but shall be under no obligation to do so (except to the extent required by the laws of the State in which the Project is located), relet the Premises for the account of Tenant for such Rent and upon such Terms terms as shall be satisfactory to Landlord. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s 's expense. Tenant shall also be responsible for Rent for the period that the Premises are vacant and all costs of re-letting, including, without limitation, brokerage commissions and attorneys' fees. Tenant shall be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Office Lease Agreement

Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s Tenant`s right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent rent as it becomes due under the Lease; or (ii) terminate Tenant’s 's right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project is located of Florida, without demand or notice of any kind to Tenant, in which event Landlord may, but shall be under no obligation to do so (except to the extent required by the laws of the State in which the Project is locatedof Florida ), relet the Premises for the account of Tenant for such Rent rent and upon such Terms terms as shall be satisfactory to Landlord. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s 's expense. Tenant shall xxxXx also be responsible for Rent rent for the period that the Premises are vacant and all costs of re-letting, including, including without limitation, brokerage commissions and attorneys' fees. Tenant shall also be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Office Lease (Starmedia Network Inc)

Landlord’s Options. Landlord may, in the alternative, (i) continue this Lease in effect, as long as Landlord does not terminate Tenant’s Tenant`s right to possession, and Landlord may enforce all its rights and remedies under the Lease, including the right to recover the Rent rent as it becomes due under the Lease; or (ii) terminate Tenant’s 's right of possession (but not this Lease) and repossess the Premises pursuant to the laws of the State in which the Project is located of Florida, without demand or notice of any kind to Tenant, in which event Landlord may, but shall be under no obligation to do so (except to the extent required by the laws of the State in which the Project is locatedof Florida ), relet the Premises for the account of Tenant for such Rent rent and upon such Terms terms as shall be satisfactory to Landlord. For purpose of such reletting Landlord is authorized by Tenant to decorate or to make any repairs, changes, alterations or additions in or to the Premises that may be necessary or convenient, at Tenant’s 's expense. Tenant shall also be responsible for Rent rent for the period that the Premises are vacant and all costs 32 of re-letting, including, including without limitation, brokerage commissions and attorneys' fees. Tenant shall also be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the Term term of this Lease. If said breach of the Lease continues, Landlord may, at any time thereafter, elect to terminate the Lease; or (iii) exercise any and all other rights and remedies available to Landlord at law or in equity.

Appears in 1 contract

Samples: Office Lease (Starmedia Network Inc)

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