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

LESSOR'S RIGHT TO RELET. 26. Lessor and Lessee mutually covenant and agree that upon the occurrence of any Event of Default (as hereinafter defined) by Lessee in any of the terms or covenants of this Lease or in the event the Leased 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 rent so provided for and that received through reletting, including, but not limited to, brokerage and real estate commission or fees and the cost of renovating, altering and decorating for a new occupant. Nothing herein shall be construed as in any way denying Lessor the right, in the event of abandonment of said 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. HOLDING OVER

LESSOR'S RIGHT TO RELET. 26. Lessor and Lessee mutually covenant and agree that upon 30.1 In the occurrence event of any Event of Default (as hereinafter defined) default by Lessee in any of the terms or covenants Covenants of this Lease or in the event the Leased Premises are abandoned by LesseeLessee without legal justification, Lessor shall have the right, but not the obligation, make reasonable attempts to relet same for so much of the remainder of the Term term provided for herein, herein as Lessor shall determine in its discretion; and if the rent received through such 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, and in addition thereto, shall pay all reasonable expenses incurred in connection with any such reletting, including, but not limited to, brokerage and real estate commission or fees and leasing commissions, the cost of renovatingremoving and storing Lessee's or other occupant's property, altering and decorating for a new occupantLessor's legal fees. Nothing herein shall be construed as in any way denying Lessor the right, right in the event of abandonment of said Premises or other breach of this Lease Agreement 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 Agreement and any and all damages which Lessor suffers thereby. HOLDING OVERIn no event shall Lessee be entitled to any excess of the rent obtained by reletting over and above the rent herein reserved. Action to collect amounts due by Lessee as provided in this Article 31 may be brought from time to time, on one or more occasions, without the necessity of Lessor's waiting until expiration of the Lease term.

LESSOR'S RIGHT TO RELET. 263. Lessor and Lessee mutually covenant and agree that upon The Lease Premises will not be considered abandoned as long as rent is being paid. In the occurrence event of any Event of Default (as hereinafter defined) default by Lessee in any of the terms or covenants of this Lease or in the event the Leased Premises are abandoned by Lessee, Lessor shall have the right, but not the obligationobligations, to relet same for the remainder of the Term term provided for herein, ; and if the rent received through such reletting does not at least equal the rent provided for herein, Lessee shall pay and satisfy the any deficiency between the amount of the rent so provided for and that received through reletting, and, in addition thereto, shall pay all reasonable expenses incurred in connection with any such reletting, including, but not limited to, brokerage and real estate commission or fees and the reasonable cost of renovating, altering and decorating for a new occupant. Nothing herein shall be construed as in any way denying Lessor the right, right in the event of abandonment of said Premises or premises of other breach of this Lease agreement by Lessee, to treat the same as an entire breach and at Lessor's option to terminate this Lease and/or immediately seek recovery xxx for the entire breach of this Lease agreement and any and all damages which Lessor suffers thereby. HOLDING OVER.