Common use of LESSOR'S RIGHT TO RELET Clause in Contracts

LESSOR'S RIGHT TO RELET. In the event of default by Lessee in any of the terms or covenants of this Lease or in the event the Premises are abandoned by Lessee, Lessor shall have the right, but not the obligation, to relet same for the remainder of the term provided for herein, and if the rent received through reletting does not at least equal the rent provided for herein, Lessee shall pay and satisfy the deficiency between the amount of the rent so provided for and that received through reletting, including, but not limited to, the cost of renovating, altering, and decorating for a new occupant as well as any leasing commissions incurred in connection therewith. Nothing herein shall be construed as in any way denying Lessor the right, in the event of abandonment of the Premises or other breach of this Lease by Lessee, to treat the same as an entire breach, and at Lessor's option to terminate this Lease and/or immediately seek recovery for the entire breach of this Lease and any and all damages which Lessor suffers thereby. Tenant Initials ___________ Landlord Initials___________

LESSOR'S RIGHT TO RELET. In the event of default by Lessee in any of the terms or covenants of this Lease lease or in the event the Premises are abandoned or vacated for thirty (30) consecutive days by Lessee, Lessor and Lessee mutually covenant and agree that Lessor shall have the right, but not the obligation, to relet same for the remainder of the term provided for herein, and if the rent received through reletting does not at least equal the rent provided for herein, Lessee shall pay and satisfy the deficiency between the amount of the rent so provided for and that received through reletting, including, but not limited to, the REASONABLE cost of reletting and related commissions, renovating, altering, altering and decorating for a new occupant as well as any leasing commissions incurred in connection therewithoccupant. Nothing herein shall be construed as in any way denying Lessor the right, in the event of abandonment of the Premises or other breach of this Lease lease by Lessee, to treat the same as an entire breach, breach and at Lessor's option to terminate this Lease lease and/or immediately seek recovery for the entire breach of this Lease lease and any and all damages which Lessor suffers thereby. Tenant Initials ___________ Landlord Initials___________; HOWEVER, LESSOR SHALL USE REASONABLE EFFORTS TO MITIGATE DAMAGES IN SUCH EVENT, INCLUDING ATTEMPTING TO RELET THE PREMISES.

LESSOR'S RIGHT TO RELET. In the event of default by Lessee in any of the terms or covenants of this Lease lease or in the event the Premises are abandoned (and Lessee failed to pay rent therefore) or vacated for thirty (30) consecutive days by Lessee, Lessor and Lessee mutually covenant and agree that Lessor shall have the right, but not the obligation, to relet same for the remainder of the term provided for herein, and if the rent received through reletting does not at least equal the rent provided for herein, Lessee shall pay and satisfy the deficiency between the amount of the rent so provided for and that received through reletting, including, but not limited to, the cost of reletting and related commissions, renovating, altering, altering and decorating for a new occupant as well as any leasing commissions incurred in connection therewithoccupant. Nothing herein shall be construed as in any way denying Lessor the right, in the event of abandonment of the Premises or other breach of this Lease lease by Lessee, to treat the same as an entire breach, breach and at Lessor's ’s option to terminate this Lease and/or immediately seek recovery for the entire breach of this Lease and any and all damages which Lessor suffers thereby. Tenant Initials ___________ Landlord Initials___________.

LESSOR'S RIGHT TO RELET. In the event of default by Lessee in any of the terms or covenants of this Lease or in the event the Premises are abandoned by Lessee, Lessor shall have the right, but not the obligation, to relet same for the remainder of the term provided for herein, and if the rent received through reletting does not at least equal the rent provided for herein, Lessee shall pay and satisfy the deficiency between the amount of the rent so provided for and that received through reletting, including, but not limited to, the cost of renovating, altering, and decorating for a new occupant as well as any leasing commissions incurred in connection therewith. Nothing herein shall be construed as in any way denying Lessor the right, in the event of abandonment of the Premises or other breach of this Lease by Lessee, to treat the same as an entire breach, and at Lessor's option to terminate this Lease and/or immediately seek recovery for the entire breach of this Lease and any and all damages which Lessor suffers thereby. Tenant Initials ___________ Landlord Initials___________.