Common use of Lessor's Option Clause in Contracts

Lessor's Option. If the rents remain unpaid for twenty (20) days after the due date or if Lessee is in default of any of the terms or conditions stated herein, Lessor shall have the right to declare the Lease forfeited, and upon written notice, Lessor may re-enter and take possession of the Premises and remove all persons and property therefrom. Lessor, may at his option, re-let the Premises without prejudice to ▇▇▇▇▇▇'s remedies for collection of rents, or damages incurred by ▇▇▇▇▇▇. It is understood and agreed that each and all of the remedies given Lessor under this Lease are cumulative and that the exercise of one right or remedy by Lessor shall not impair its right to any other remedy.

Appears in 3 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Lessor's Option. If the rents remain unpaid for twenty (20) days after the due date or if Lessee is in default of any of the terms or conditions stated hereinherein for twenty (20) days after being given written notice by ▇▇▇▇▇▇, Lessor shall have the right to declare the Lease forfeited, and upon written notice, Lessor may re-enter and take possession of the Premises and remove all persons and property therefrom. LessorLessor may, may at his option, re-let the Premises without prejudice to ▇▇▇▇▇▇'s remedies for collection of rents, rents or damages incurred by ▇▇▇▇▇▇. It is understood and agreed that each and all of the remedies given Lessor under this Lease are cumulative and that the exercise of one right or remedy by Lessor shall not impair its right to any other remedy.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Lessor's Option. If the rents remain unpaid for twenty (20) days after the due date or if Lessee is in default of any of the terms or conditions stated herein, Lessor shall have the right to declare the Lease forfeited, and upon written notice, Lessor may re-enter and take possession of the Premises and remove all persons and property therefrom. Lessor, may at his option, re-re- let the Premises without prejudice to ▇▇▇▇▇▇'s remedies for collection of rents, or damages incurred by ▇▇▇▇▇▇. It is understood and agreed that each and all of the remedies given Lessor under this Lease are cumulative and that the exercise of one right or remedy by Lessor shall not impair its right to any other remedy.

Appears in 2 contracts

Sources: Commercial Lease Agreement, Lease Agreement

Lessor's Option. If the rents remain unpaid for twenty (20) days after the due date or if Lessee is in default of any of the terms or conditions stated herein, Lessor shall have the right to declare the Lease forfeited, and upon written notice, Lessor may re-enter and take possession of the County As Lessee 420 440 May Avenue 0000033 Premises and remove all persons and property therefrom. Lessor, may at his option, re-re- let the Premises without prejudice to ▇▇▇▇▇▇'s remedies for collection of rents, or damages incurred by ▇▇▇▇▇▇. It is understood and agreed that each and all of the remedies given Lessor under this Lease are cumulative and that the exercise of one right or remedy by Lessor shall not impair its right to any other remedy.

Appears in 1 contract

Sources: Commercial Lease Agreement

Lessor's Option. If the rents remain unpaid for twenty (20) days after the due date or if Lessee is in default of any of the terms or conditions stated herein, Lessor shall have the right to declare the Lease forfeited, and upon written notice, Lessor may re-enter and take possession of the Premises and remove all persons and property therefrom. Lessor, may at his option, re-let the Premises without prejudice to ▇▇▇▇▇▇'s remedies for collection of rents, or damages incurred by ▇▇▇▇▇▇. It is understood and agreed that each and all of the remedies given Lessor under this Lease are cumulative and that the exercise of one right or remedy by Lessor shall not impair its right to any other remedy.

Appears in 1 contract

Sources: Lease Agreement

Lessor's Option. If the rents remain unpaid for twenty (20) days after the due date or if Lessee is in default of any of the terms or conditions stated herein, Lessor shall have the right to declare the Lease forfeited, and upon written notice, Lessor may re-enter and take possession of the Premises and remove all persons and property therefrom. Lessor, may at his option, re-let the Premises without prejudice to ▇▇▇▇▇▇'s remedies for collection of rents, or damages incurred by ▇▇▇▇▇▇. It is understood and agreed that each and all of the remedies given Lessor under this Lease are cumulative and that the exercise of one right or remedy by Lessor shall not impair its right to any other remedy.

Appears in 1 contract

Sources: Lease Agreement