Common use of LESSOR'S REMEDIES UPON DEFAULT Clause in Contracts

LESSOR'S REMEDIES UPON DEFAULT. 21.1 In the event of any Event of Default on the part of Lessee, Lessor may, if it so elects, upon written notice to Lessee of such election, forthwith terminate this Lease and Lessee's right to possession of the Demised Premises, or, at the option of the Lessor, terminate Lessee's right to possession of the Demised Premises without terminating this Lease. Upon any such termination of this Lease, or upon any such termination of Lessee's right to possession without termination of this Lease, Lessee shall vacate the Demised Premises immediately, and shall quietly and peaceably deliver possession thereof to the Lessor, and Lessee hereby grants to the Lessor full and free license to enter into and upon the Demised Premises in such event with or without process of law and to repossess the Demised Premises and Personal Property as the Lessor's former estate. In the event of any such termination of this Lease, the Lessor shall again have possession and enjoyment of the Demised Premises and Personal Property to the extent as if this Lease had not been made, and thereupon this Lease and everything herein contained on the part of Lessee to be done and performed shall cease and terminate, all, however, without prejudice to and without relinquishing the rights of the Lessor to Rent (which, upon such termination of this Lease and entry of Lessor upon the Demised Premises, shall, in any event, be the right to receive Rent due up to the time of such entry) or any other right given to the Lessor hereunder or by operation of law.

Appears in 6 contracts

Samples: Lease Agreement (Sun Healthcare Group Inc), Lease Agreement (Sun Healthcare Group Inc), Lease Agreement (Sun Healthcare Group Inc)

AutoNDA by SimpleDocs

LESSOR'S REMEDIES UPON DEFAULT. 21.1 In the event of any Event of Default on the part of Lessee, Lessor may, if it so elects, with or without any demand whatsoever upon written notice to Lessee of such electionLessee, forthwith either to (i) terminate this Lease and Lessee's ’s right to possession of the Demised Premises, or, at the option of the Lessor, ; or (ii) terminate Lessee's ’s right to possession of the Demised Premises without terminating this Lease. Upon any such termination of this Lease, or upon any such termination of Lessee's ’s right to possession without termination of this Lease, Lessee shall vacate the Demised Premises immediately, and shall quietly and peaceably deliver possession thereof to the Lessor, and Lessee hereby grants to the Lessor full and free license to enter into and upon the Demised Premises in such event with or without process of law and to repossess the Demised Premises and the related Personal Property as the Lessor's ’s former estate. In the event of any such termination of this Lease, the Lessor shall again have possession and enjoyment of the Demised Premises subject to such termination and the related Personal Property to the extent and as if this Lease had not been made, and thereupon this Lease the lease of the Demised Premises and everything herein contained on the part of Lessee to be done and performed in connection therewith shall cease and terminate, all, however, without prejudice to and without relinquishing the rights of the Lessor to Rent (which, upon such termination of this Lease and entry of Lessor upon the Demised PremisesPremises or any portion thereof, shall, in any event, be the right to receive Rent due up to the time of such entry) or any other right given to the Lessor hereunder or by operation of law.

Appears in 2 contracts

Samples: Master Lease (Assisted 4 Living, Inc.), Master Lease (Assisted 4 Living, Inc.)

LESSOR'S REMEDIES UPON DEFAULT. 21.1 In the event of any Event of Default on the part of Lessee, Lessor may, if it so elects, upon twenty (20) days prior written notice to Lessee of such election, and with or without any demand whatsoever upon Lessee, forthwith terminate this Lease and Lessee's right to possession of the Demised PremisesLeased Property, or, at the option of the Lessor, terminate Lessee's right to possession of the Demised Premises Leased Property without terminating this Lease. Upon any such termination of this Lease, or upon any such termination of Lessee's right to possession without termination of this Lease, Lessee shall vacate the Demised Premises immediately, and shall quietly and peaceably deliver possession thereof to the Lessor, and Lessee hereby grants to the Lessor full and free license to enter into and upon the Demised Premises in such event with or without process of law and to repossess the Demised Premises and Personal Property as the Lessor's former estate. In the event of any such termination of this Lease, the Lessor shall again have possession and enjoyment of the Demised Premises and Personal Property to the extent as if this Lease had not been made, and thereupon this Lease and everything herein contained on the part of Lessee to be done and performed shall cease and terminate, all, however, without prejudice to and without relinquishing the rights of the Lessor to Rent rent (which, upon such termination of this Lease and entry of Lessor upon the Demised Premises, shall, in any event, be the right to receive Rent rent due up to the time of such entry) or any other right given to the Lessor hereunder or by operation of law.

Appears in 1 contract

Samples: Lease Agreement (LTC Healthcare Inc)

LESSOR'S REMEDIES UPON DEFAULT. 21.1 In the event of any Event of Default on the part of Lessee, Lessor may, if it so elects, upon ten (10) days prior written notice to Lessee of such election, and with or without any demand whatsoever upon Lessee, forthwith terminate this Lease and Lessee's right to possession of the Demised Premises, or, at the option of the Lessor, terminate Lessee's right to possession of the Demised Premises without terminating this Lease. Upon any such termination of this Lease, or upon any such termination of Lessee's right to possession without termination of this Lease, Lessee shall vacate the Demised Premises immediately, and shall quietly and peaceably deliver possession thereof to the Lessor, and Lessee hereby grants to the Lessor full and free license to enter into and upon the Demised Premises in such event with or without process of law and to repossess the Demised Premises and Personal Property as the Lessor's former estate. In the event of any such termination of this Lease, the Lessor shall again have possession and enjoyment of the Demised Premises and Personal Property to the extent as if this Lease had not been made, and thereupon this Lease and everything herein contained on the part of Lessee to be done and performed shall cease and terminate, all, however, without prejudice to and without relinquishing the rights of the Lessor to Rent (which, upon such termination of this Lease and entry of Lessor upon the Demised Premises, shall, in any event, be the right to receive Rent due up to the time of such entry) or any other right given to the Lessor hereunder or by operation of law.

Appears in 1 contract

Samples: Lease Agreement (Sun Healthcare Group Inc)

LESSOR'S REMEDIES UPON DEFAULT. 21.1 In the event of any Event of Default on the part of Lessee, Lessor may, if it so elects, upon ten (10) days prior written notice to Lessee of such election, and with or without any demand whatsoever upon Lessee, forthwith terminate this Lease Sub-Sublease and Lessee's right to possession of the Demised Premises, or, at the option of the Lessor, terminate Lessee's right to possession of the Demised Premises without terminating this LeaseSub-Sublease. Upon any such termination of this LeaseSub-Sublease, or upon any such termination of Lessee's right to possession without termination of this LeaseSub-Sublease, Lessee shall vacate the Demised Premises immediately, and shall quietly and peaceably deliver possession thereof to the Lessor, and Lessee hereby grants to the Lessor full and free license to enter into and upon the Demised Premises in such event with or without process of law and to repossess the Demised Premises and Personal Property as the Lessor's former estate. In the event of any such termination of this LeaseSub-Sublease, the Lessor shall again have possession and enjoyment of the Demised Premises and Personal Property to the extent as if this Lease Sub-Sublease had not been made, and thereupon this Lease Sub-Sublease and everything herein contained on the part of Lessee to be done and performed shall cease and terminate, all, however, without prejudice to and without relinquishing the rights of the Lessor to Rent (which, upon such termination of this Lease Sub-Sublease and entry of Lessor upon the Demised Premises, shall, in any event, be the right to receive Rent due up to the time of such entry) or any other right given to the Lessor hereunder or by operation of law.

Appears in 1 contract

Samples: Sub Sublease Agreement (Sun Healthcare Group Inc)

AutoNDA by SimpleDocs

LESSOR'S REMEDIES UPON DEFAULT. 21.1 In the event of any Event of Default on the part of Lessee, Lessor may, if it so elects, upon written notice to Lessee of such election, forthwith terminate this Lease and Lessee's right to possession of the Demised Premises, or, at the option of the Lessor, terminate Lessee's right to possession of the Demised Premises without terminating this Lease. Upon any such termination of this Lease, or upon any such termination of Lessee's right to possession without termination of this Lease, Lessee shall vacate the Demised Premises immediately, and shall quietly and peaceably deliver possession thereof to the Lessor, and Lessee hereby grants to the Lessor full and free license to enter into and upon the Demised Premises in such event with or without process of law and to repossess the Demised Premises and Personal Property as the Lessor's former estate. In the event of any such termination of this Lease, the Lessor shall again have possession and enjoyment of the Demised Premises and Personal Property to the extent as if this Lease had not been made, and thereupon this Lease and everything herein contained on the part of Lessee to be done and performed shall cease and terminate, all, however, without prejudice to and without relinquishing the rights of the Lessor to Rent (which, upon such termination of this Lease and entry of Lessor upon the Demised Premises, shall, in any event, be the right to receive Rent due up to the time of such entry) or any other right given to the Lessor hereunder or by operation of law.. 21.2 In the event of any Event of Default and Lessor's election either to terminate this Lease or to terminate Lessee's right to possession of the Demised Premises, then all licenses, certifications, permits and authorizations issued by any governmental agency, body or authority in connection with or relating to the Demised Premises and the nursing home operated thereon shall be deemed to be assigned to Lessor, to the extent permitted by law. Lessor shall also have the right to continue to utilize the telephone number and name (other than the name "Sunrise Healthcare" or similar name) used by Lessee in connection with the operation of the nursing home located on the Demised Premises. This Lease shall be deemed and construed as an assignment for purposes of vesting in Lessor, all right, title and interest in and to: (i) all licenses, certifications, permits and authorizations obtained in connection with the operation of the nursing home located on the Demised Premises; and (ii) the name and telephone number used in connection with the operation of the nursing home located on the Demised Premises (other than the name "Sunrise Healthcare" or similar name). Lessee hereby agrees to take such other action and execute such other 16

Appears in 1 contract

Samples: 3 Lease Agreement (Sun Healthcare Group Inc)

LESSOR'S REMEDIES UPON DEFAULT. 21.1 In the event of any Event of Default on the part of Lessee, Lessor may, if it so elects, and with or without any further demand whatsoever upon written notice to Lessee of such electionLessee, forthwith terminate this Lease and Lessee's right to possession of the Demised PremisesLeased Property, or, at the option of the Lessor, terminate Lessee's right to possession of the Demised Premises Leased Property without terminating this Lease. Upon any such termination of this Lease, or upon any such termination of Lessee's right to possession without termination of this Lease, Lessee shall vacate the Demised Premises immediately, and shall quietly and peaceably deliver possession thereof to the Lessor, and Lessee hereby grants to the Lessor full and free license to enter into and upon the Demised Premises in such event with or without process of law and to repossess the Demised Premises and Personal Property as the Lessor's former estate. In the event of any such termination of this Lease, the Lessor shall again have possession and enjoyment of the Demised Premises and Personal Property to the extent as if this Lease had not been made, and thereupon this Lease and everything herein contained on the part of Lessee to be done and performed shall cease and terminate, all, however, without prejudice to and without relinquishing the rights of the Lessor to Rent rent (which, upon such termination of this Lease and entry of Lessor upon the Demised Premises, shall, in any event, be the right to receive Rent rent due up to the time of such entry) or any other right given to the Lessor hereunder or by operation of law.

Appears in 1 contract

Samples: Lease Agreement (LTC Healthcare Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.