Common use of Lease Termination Clause in Contracts

Lease Termination. In the event that Landlord elects to terminate the Lease and Tenant’s right of possession of the Premises, then Landlord may recover from Tenant the following: (i) the worth at the time of award of any unpaid Rent which had been earned at the time of such termination; plus (ii) the worth at the time of award of the amount by which the unpaid Rent which would have been earned after termination until the time of award exceeds the amount of such Rent loss Tenant proves could have been reasonably avoided; plus (iii) the worth at the time of award of the amount by which the unpaid Rent for the balance of the Term after the time of award exceeds the amount of such Rent loss that Tenant proves could have been reasonably avoided; plus (iv) any other amount necessary to compensate Landlord for all the detriment proximately caused by Tenant’s failure to perform its obligations under this Lease or which in the ordinary course of events would be likely to result therefrom including, without limitation, the unamortized portion of the Tenant Work Allowance amortized over the Term together with Default Interest and the costs or expenses as Landlord may incur or anticipate in connection with re-entering, ejecting, removing, dispossessing, cleaning, reletting, altering, repairing, marketing, redecorating, subdividing, or otherwise preparing the Premises for reletting, including brokerage and attorneys’ fees and court costs; and (v) at Landlord’s election, such other amounts in addition to or in lieu of the foregoing as may be permitted from time to time by the Applicable Law.

Lease Termination. In the event that If this Lease is terminated by Landlord, Landlord elects shall be entitled to terminate the Lease and Tenant’s right of possession of the Premises, then Landlord may recover from Tenant all Rent accrued and unpaid for the following: period up to and including such termination date, as well as all other additional sums payable by Tenant, or for which Tenant is liable or for which Tenant has agreed to indemnify Landlord under any of the provisions of this Lease, which may be then owing and unpaid, and all costs and expenses, including without limitation court costs and attorneys’ fees incurred by Landlord in the enforcement of its rights and remedies hereunder, and, in addition, Landlord shall be entitled to recover as damages for loss of the bargain and not as a penalty (i) the worth at the time of award unamortized portion of any unpaid Rent concessions offered by Landlord to Tenant in connection with this Lease, including without limitation Landlord’s contribution to the cost of tenant improvements and alterations, if any, installed by either Landlord or Tenant pursuant to this Lease or any work letter in connection with this Lease, (ii) the aggregate sum which had been earned at the time of such termination; plus (ii) termination represents the worth at the time of award excess, if any, of the amount by which present value of the unpaid Rent aggregate rents which would have been earned payable after the termination until date had this Lease not been terminated, including, without limitation, Base Rent at the time annual rate or respective annual rates for the remainder of award exceeds the Term provided for in this Lease and the amount of such projected by Landlord to represent Additional Rent loss Tenant proves could have been reasonably avoided; plus (iii) for the worth at the time of award remainder of the amount by which Term over the unpaid Rent then present value of the then aggregate fair rent value of the Premises for the balance of the Term after Term, such present worth to be computed in each case on the time basis of award exceeds a ten percent (10%) per annum discount from the amount of respective dates upon which such Rent loss that Tenant proves could Rents would have been reasonably avoided; plus payable hereunder had this Lease not been terminated, and (iviii) any other amount necessary to compensate Landlord for all the detriment proximately caused by Tenant’s failure to perform its obligations under this Lease or which damages in the ordinary course of events would be likely to result therefrom including, without limitation, the unamortized portion of the Tenant Work Allowance amortized over the Term together with Default Interest and the costs or expenses as Landlord may incur or anticipate in connection with re-entering, ejecting, removing, dispossessing, cleaning, reletting, altering, repairing, marketing, redecorating, subdividing, or otherwise preparing the Premises for relettingaddition thereto, including brokerage and without limitation reasonable attorneys’ fees and court costs; and (v) at Landlord’s election, such other amounts in addition to or in lieu which Landlord sustains as a result of the foregoing as may be permitted from time to time by breach of any of the Applicable Lawcovenants of this Lease other than for the payment of Rent.

Lease Termination. In the event that Landlord elects to terminate the Lease and Tenant’s right of possession of the Premises, then Landlord may recover from Tenant the following: (i) the worth at the time of award of any unpaid Rent which had been earned at the time of such termination; plus (ii) the worth at the time of award of the amount by which the unpaid Rent which would have been earned after termination until the time of award exceeds the amount of such Rent loss Tenant proves could have been reasonably avoided; plus (iii) the worth at the time of award of the amount by which the unpaid Rent for the balance of the Term after the time of award exceeds the amount of such Rent loss that Tenant proves could have been reasonably avoided; plus (iv) any other amount necessary to compensate Landlord for all the detriment proximately caused by Tenant’s failure to perform its his obligations under this Lease or which in the ordinary course of events would be likely to result therefrom including, without limitation, the unamortized portion of the Tenant Work Improvement Allowance amortized over the Initial Term together with Interest pursuant to Section 21.6 of the Lease, Default Interest and the costs or expenses as Landlord may incur or anticipate in connection with re-entering, ejecting, removing, dispossessing, cleaning, reletting, altering, repairing, marketing, redecorating, subdividing, or otherwise preparing the Premises for reletting, including brokerage and attorneys’ fees and court costs; and (v) at Landlord’s election, such other amounts in addition to or in lieu of the foregoing as may be permitted from time to time by the Applicable LawLaw in the State.

Lease Termination. In the event that Should Landlord elects elect to terminate this Lease pursuant to the Lease and Tenant’s right provisions of possession of the Premisessubparagraphs (a) or (c) above, then Landlord may recover from Tenant as damages the following: : (i) the The worth at the time of the award of any unpaid Rent rent and other charges which had been earned at the time of such termination; plus plus (ii) the The worth at the time of the award of the amount by which the unpaid Rent rent and other charges which would have been earned after termination until the time of the award exceeds the amount of such Rent the loss Tenant proves could have been reasonably avoided; plus (iii) the worth at the time of award of the amount by which the unpaid Rent for the balance of the Term after the time of award exceeds the amount of such Rent loss rental and other charges that Tenant proves could have been reasonably avoided; plus plus (iii) The worth at the time of the award of the amount by which the unpaid rent and other charges for the balance of the Lease Term after the time of the award exceeds the amount of the loss of such rental and other charges that Tenant proves could have been reasonably avoided; plus (iv) any Any other amount necessary to compensate Landlord for all of the detriment proximately caused by Tenant’s 's failure to perform its obligations under this Lease or which in the ordinary course of events things would be likely to result therefrom including, without limitationbut not limited to, the unamortized portion of the Tenant Work Allowance amortized over the Term together with Default Interest and the any costs or expenses as incurred by Landlord may incur in (A) retaking possession of the Premises, including reasonable attorneys' fees thereof; (B) maintaining or anticipate in connection with re-entering, ejecting, removing, dispossessing, cleaning, reletting, altering, repairing, marketing, redecorating, subdividing, or otherwise preserving the Premises after such default; (C) preparing the Premises for relettingreletting to a new tenant, including brokerage and attorneys’ fees and court costsrepairs or alterations to the Premises for such reletting; (D) leasing commissions; and (E) any other costs necessary or appropriate to relet the Premises; plus (v) at At Landlord’s 's election, such other amounts in addition to or in lieu of the foregoing as may be permitted from time to time by the Applicable Lawapplicable California law.