Common use of LANDLORD'S RIGHTS UPON TENANT'S DEFAULT Clause in Contracts

LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. If an Event of Default occurs with respect to this Lease, Landlord may terminate this Lease by giving Tenant Notice, whereupon as provided herein, the Term of this Lease shall terminate and all rights of Tenant hereunder shall cease. The Notice provided for herein shall be in lieu of, and not in addition to, any notice required by the laws of the respective States in which the Leased Properties are located as a condition to bringing an action for possession of any of the Leased Properties or to recover damages under this Lease. In addition thereto, Landlord shall have all rights at law and in equity available as a result of Tenant's breach.

LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. If an Event of Default occurs with respect to this Lease, Landlord may terminate this Lease by giving Tenant Notice, whereupon as provided herein, the Term of this Lease shall terminate and all rights of Tenant hereunder shall cease. The Notice provided for herein shall be in lieu of, and not in addition to, any notice required by the laws of the respective States in which the Leased Properties are located State of Idaho as a condition to bringing an action for possession of any of the Leased Properties Property or to recover damages under this Lease. In addition thereto, Landlord shall have all rights at law and in equity available as a result of Tenant's breach.