Landlord's Rights upon Default Sample Clauses

Landlord's Rights upon Default. In the event of any breach of this lease by the Tenant, which shall not have been cured within TEN (10) DAYS, then the Landlord, besides other rights or remedies it may have, shall have the immediate right of reentry and may remove all persons and property from the Leased Premises; such property may be removed and stored in a public warehouse or elsewhere at the cost of, and for the account of, the Tenant. If the Landlord elects to reenter as herein provided, or should it take possession pursuant to any notice provided for by law, it may either terminate this Lease or may, from time to time, without terminating this lease, relet the Leased Premises or any part thereof, for such term or terms and at such rental or rentals and upon such other terms and conditions as the Landlord in Landlord's own discretion may deem advisable. Should rentals received from such reletting during any month be less than that agreed to be paid during the month by the Tenant hereunder, the Tenant shall pay such deficiency to the Landlord monthly. The Tenant shall also pay to the Landlord, as soon as ascertained, the cost and expenses incurred by the Landlord in such reletting.
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Landlord's Rights upon Default. Upon the occurrence of any of the Events of Default described in Article 13 hereof, in addition to any other rights or remedies available to Landlord under this Lease, Landlord shall have the right to present the Letter of Credit for payment by the issuing bank and the proceeds thereof shall be due and payable to Landlord in accordance with the terms hereof and the Letter of Credit. Tenant agrees that Landlord may, without waiving any of Landlord’s other rights and remedies under this Lease upon the occurrence of any of the Events of Default, apply the Security Deposit to remedy any failure by Tenant to perform any of the terms, covenants or conditions to be performed by Tenant under this Lease and to compensate Landlord for any damages incurred as a result of any such Event of Default. If Landlord uses any portion of the Security Deposit to cure any Event of Default by Tenant hereunder, Tenant shall forthwith replenish the Security Deposit to the original amount within ten (10) business days following written notice from Landlord in the manner directed by Landlord in such notice (which may be in the form of a new or amended Letter of Credit, or in the form of a cash payment). If Tenant fails to restore the full amount of the Security Deposit within such 10-business-day period, then the amount of such deficiency shall be subject to the charges described in Section 4.5. During any period that Landlord is holding the Security Deposit in the form of cash, Landlord shall not be required to keep the Security Deposit separate from its general funds, and Tenant shall not be entitled to interest on any such deposit.
Landlord's Rights upon Default. Upon the occurrence of an Event of Default, the Landlord may exercise any or all of its rights under this Lease, in addition to those it may have at law or in equity.
Landlord's Rights upon Default. In the event of the failure of Tenant to pay rent or any other amount due under the terms of this Lease as herein provided or upon the breach of any other condition, term or covenant herein contained on the part of Tenant to be kept and performed, each term, condition and covenant hereof being a material part of the consideration for Landlord’s entry into this Lease, Landlord may, at his option, five (5) days after Tenant’s receipt of written notice cure said breach after the giving of any required notice and the expiration of any applicable cure or grace period,
Landlord's Rights upon Default. In the event of any breach of this lease by the Tenant, which shall not have been cured within TEN (10) DAYS of written notice, then the Landlord, besides other rights or remedies it may have, shall have the immediate right of reentry and may remove all persons and property form the Leased Premises; such property may be removed and stored in a public warehouse or elsewhere at the cost of, and for the account of, the Tenant. If the Landlord elects to reenter as herein provided, or should it take possession pursuant to any notice provided for by law, it may either terminate this Lease or may, from time to time, without terminating this lease, relet the Leased Premises or any part thereof, for such term or terms and at such rental or rentals and upon such other terms and conditions as the Landlord in Landlord’s own discretion may deem advisable. Should rentals received from such reletting during any month be less than that agreed to be paid during the month by the Tenant hereunder, the Tenant shall pay such deficiency to the Landlord monthly. The Tenant shall also pay to the Landlord, as soon as ascertained, the cost and expenses incurred by the Landlord in such reletting. Landlord shall also have the right to possession of the Lease Premises and to terminate this Lease if Tenant fails (1) on more than three (3) occasions during any lease year to pay a monthly installment of Annual Rent or any additional rent on the date it is due; or (2) to provide, on the commencement date of the term of this Commercial Lease or at least thirty (30) days before the expiration of any policy previously furnished hereunder, the insurance policies required of Tenant under this Commercial Lease. The ten (10) day cure period described above does not apply to the foregoing provision of this paragraph. In addition to the foregoing Landlord shall also have all other rights and remedies that are available at law or in equity. If Landord takes any measure to enforce the provisions of the Commercial Lease, whether or not Landlord institutes any litigation in connection therewith, Tenant shall be liable, as additional rent payable within thirty (30) days after notice from Landlord, for all attorney fees incurred by Landlord in connection therewith. TENANT WAIVES ALL RIGHT TO A NOTICE TO QUIT.
Landlord's Rights upon Default. If any Event of Default occurs, Landlord, in addition to all other rights or remedies it may have under this Lease or in law or in equity, shall have the immediate right to enter the Premises and take possession thereof and of all improvements thereon and may remove all persons and property from the Premises by force, summary action, or otherwise, and such property may be removed and stored in a public warehouse or elsewhere at the cost of and for the account of Tenant, all without service of notice or resort to legal process, and without being deemed guilty of trespass or becoming liable for any loss or damage which may be occasioned thereby. Tenant agrees that Tenant shall have no further claim under this Lease and shall quit and deliver up the possession of the Premises, including all improvements to the Premises, when this Lease terminates by limitation or in any other manner provided for herein.
Landlord's Rights upon Default. A. Upon a Default the Landlord may, at its option, and in addition to such other rights and remedies as the Landlord may have at law or in equity, at any time after such occurrence:
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Landlord's Rights upon Default. (a) This Lease and the term and estate hereby granted are subject to the limitation that whenever an uncured Event of Default shall have occurred, Landlord may, at Landlord’s election and without notice or resort to legal process, with or without declaring this Lease ended, re-enter and take possession of the Premises immediately and remove all persons and their property therefrom and store such property in a public warehouse or elsewhere at the cost of and for the account of Tenant, and do such further acts as may be necessary and advisable to recover immediate possession of the Premises, without being deemed guilty in any manner of trespass and without releasing Tenant from its obligation to pay the Fixed Rent and Additional Payments reserved hereunder, and Tenant shall indemnify Landlord against and shall reimburse Landlord for, all loss of rent and other damages and expenses which Landlord may incur by reason of Tenant’s default, including but not limited to brokerage commissions, advertising expenses, and reasonable legal expenses.
Landlord's Rights upon Default. (a) Each of the following events, at the option of Lessor, shall constitute a default and breach of this Lease by Lessee: (i) if Lessee shall fail to pay Lessor any rent or any other amount due under this Lease, within five (5) days after the due date therefor; (ii) if Lessee shall fail to perform or comply with any of the other terms or conditions of this Lease within ten (10) days after notice by Lessor to Lessee specifying the term or condition to be performed or complied with; (iii) if any proceedings are commenced by or against Lessee in any court under any bankruptcy or insolvency act or statute, or for the appointment of a trustee or receiver of Lessee's property; or (iv) if the Leased Premises shall be deserted or vacated for more than five (5) days. In the event of any default hereunder, Lessor may, at any time thereafter and without notice (and without prejudice to any other remedy available to Lessor), pursue any one or more of the following remedies:
Landlord's Rights upon Default. In the event Tenant fails to pay any rental or other charges due hereunder, or in the event Tenant fails to perform any other of the terms, conditions or covenants of this Lease to be observed or performed by Tenant, or if Tenant shall abandon the Leased Premises, or permit this Lease to be taken under any writ of execution, each of said events shall constitute a default of Tenant. Tenant shall have thirty (30) days after written notice of default, other than any default in the payment of any monetary obligations, within which to cure the same or failing to cure, the Landlord, besides other rights or remedies it may have, shall have any and all ofthe following rights:
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