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

LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. 16.1. If any Event of Default occurs, Landlord may, notwithstanding the fact that Landlord may have other remedies hereunder or at law or in equity, by notice to Tenant, designate a date, not less than five (5) days after the giving of such notice, on which this Lease shall terminate; and thereupon, on such date the Term of this Lease and the estate hereby granted shall expire and terminate with the same force and effect as if the date specified in such notice were the Termination Date and all rights of Tenant hereunder shall expire and terminate but Tenant shall remain liable as provided in this Lease, and Landlord shall have the right to remove all persons, goods, fixtures and chattels from the Premises, by reasonable force or otherwise, without liability or damages to Tenant.

Appears in 2 contracts

Samples: Agreement of Lease, Agreement of Lease (Aptalis Holdings Inc.)

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LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. 16.1. If any Event of Default occurs, Landlord may, notwithstanding the fact that Landlord may have other remedies hereunder or at law or in equity, by notice to Tenant, designate a date, not less than five fifteen (515) days after the giving of such notice, on which this Lease shall terminate; and thereupon, on such date the Term of this Lease and the estate hereby granted shall expire and terminate with the same force and effect as if the date specified in such notice were the Termination Date and all rights of Tenant hereunder shall expire and terminate but Tenant shall remain liable as provided in this Lease, and Landlord shall have the right to remove all persons, goods, fixtures and chattels from the Premises, by reasonable force or otherwise, without liability or damages to Tenant.

Appears in 1 contract

Samples: Agreement of Lease (Dendrite International Inc)

LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. 16.119.1. If any Event of Default occurs, Landlord may, notwithstanding the fact that Landlord may have other remedies hereunder or at law or in equity, by notice to Tenant, designate a date, not less than five (5) days after the giving of such notice, on which this Lease shall terminate; and thereupon, on such date the Term of this Lease and the estate hereby granted shall expire and terminate with the same force and effect as if the date specified in such notice were was the Termination Date Date, and all rights of Tenant hereunder shall expire and terminate but Tenant shall remain liable as provided in this Lease, and Landlord shall have the right to remove all persons, goods, fixtures fixtures, and chattels from the Premises, by reasonable force or otherwise, without liability or damages to Tenant.

Appears in 1 contract

Samples: Agreement of Lease (Chartwell International, Inc.)

LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. 16.119.1. If any Event of Default occurs, Landlord may, notwithstanding the fact that Landlord may have other remedies hereunder or at law or in equity, by notice to Tenant, designate a date, not less than five (5) days Business Days after the giving of such notice, on which this Lease shall terminate; and thereupon, on such date the Term of this Lease and the estate hereby granted shall expire and terminate with the same force and effect as if the date specified in such notice were was the Termination Date Date, and all rights of Tenant hereunder shall expire and terminate but Tenant shall remain liable as provided in this Lease, and Landlord shall have the right to remove all persons, goods, fixtures fixtures, and chattels from the Premises, by reasonable force or otherwise, without liability or damages to Tenant.

Appears in 1 contract

Samples: Agreement of Lease (Intercept Pharmaceuticals, Inc.)

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LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. 16.114.1. If any Event of Default occurs, Landlord may, notwithstanding the fact that Landlord may have other remedies hereunder or at law or in equity, by notice to Tenant, designate a date, not less than five (5) business days after the giving of such notice, on which this Lease shall terminate; and thereupon, on such date the Term of this Lease and the estate hereby granted shall expire and terminate with the same force and effect as if the date specified in such notice were the Termination Date and all rights of Tenant hereunder shall expire and terminate but Tenant shall remain liable as provided in this Lease, and Landlord shall have the right to remove all persons, goods, fixtures and chattels from the Premises, by reasonable force or otherwise, without liability or damages to Tenant. Tenant shall have right to Mediation as defined under Section 31.10 of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Asta Funding Inc)

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