Lessor's Rights and Remedies Sample Clauses

Lessor's Rights and Remedies. After the default of Lessee, and on notice from Lessor that Lessee is in default, Lessor shall have the following options:
AutoNDA by SimpleDocs
Lessor's Rights and Remedies. In case of an Event of Default by Lessee under the Lease, Lessor will have the right to exercise any one or more of the following remedies:
Lessor's Rights and Remedies. If the Lessee defaults, and if a notice of default is given as specified in Article 15 and the default remains uncorrected for ten (10) business days, Lessor may exercise any one or more of the following remedies:
Lessor's Rights and Remedies. Upon any event of default and a failure by Lessee to cure the payment of money within fifteen (15) days or to cure other defaults within thirty (30) days after the giving of written notice thereof by Lessor to Lessee, Lessor, at its option and without further demand or notice, shall have the following rights and remedies: (a) allow Lessee to remain in possession and institute proceedings for the collection of all overdue rental, together with costs of collection and reasonable attorneys' fees, all without relief from valuation or appraisement laws; or (b) prohibit in any lawful manner Lessee's access to and use of the Leased Property until any default by Lessee under this Lease has been cured; or (c) retake possession of the Leased Property, terminate this Lease and relet the Leased Property to a third party or third parties and institute proceeding for the collection of a sum equal to the cost of recovering possession and the unpaid rent due on the date of default,; or (d) perform any covenant or obligation of Lessee and charge all amounts paid by Lessor, together with interest thereon at the prime interest rate plus 600 basis points to a maximum of ten percent (10%) per annum, to Lessee; or (e) retake possession of the Leased Property, without terminating this Lease, make alterations and repairs reasonably necessary for reletting the Leased Property and relet the same or any part thereof for such term or terms (which may extend beyond the term of this Lease) at such rental and upon such terms and conditions as Lessor in it reasonable discretion deems advisable; or (I) pursue any other remedy available at law or in equity. No reentry onto or taking possession of the Leased Property, notwithstanding any provision of this Lease to the contrary, shall be construed as an election of Lessor to terminate this Lease unless Lessor gives written notice of termination to Lessee. Notwithstanding any reletting without termination, Lessor may at any time thereafter elect to terminate this Lease for Lessee's previous default. Lessee shall not be in default with respect to a nonmonetary breach if such defaults cannot reasonably be cured within thirty (30) days so long as Lessee commences to cure such breach within such thirty (30) day period and continues in good faith and with diligence to complete such cure. Lessor shall have a duty to use reasonable efforts to relet the Leased Property. All rights and remedies of the Lessor herein specified are cumulative and are in ...
Lessor's Rights and Remedies. Upon Xxxxxx’s default, the balance of all unpaid Base Rent, other charges owed by Xxxxxx are deemed payable immediately, Lessor being entitled to the balance due together with interest at the rate of 5% percent per month from the date payment is past due to the date payment by Xxxxxx. Lessee will reimburse Lessor for all costs and expenses, including reasonable attorneys’ fees, incurred to collect monies due, and enforce Xxxxxx’s rights and remedies herein, together with interest at the rate of 5% percent per month from the date incurred. The remedies of Lessor will be cumulative to the extent permitted by law, and may be exercised partially, concurrently, or separately. The exercise of one remedy will not be deemed to preclude the exercise of any other. No failure of delay by Lessor to exercise any remedy or right under this Contract will operate as a waiver in any respect. Acceptance by Lessor of rent or other payments made by Xxxxxx after default will not be deemed a waiver if Xxxxxx’s rights and remedies arising from Xxxxxx’s default.
Lessor's Rights and Remedies. Upon the default by Lessee as provided above, Lessor shall have the following rights and remedies:
Lessor's Rights and Remedies. Lessor may terminate this lease for any reason upon one hundred eighty (180) days written notice to Lessee. Such notice of termination shall not constitute a breach of this lease and Lessor shall not be liable in damages therefore. This lease agreement may be terminated by the Lessor upon ninety (90) days written notice in the event of material breach by the Lessee of the terms and conditions stated herein. Material breach includes, but is not limited to, situations in which Lessee's interest, or any part of its interest, in this Lease is assigned or transferred, either voluntarily or by operation of law, except with Lessor's consent, or any other violation of the Covenants of Lessee specified herein. Lessee shall be in default under this Lease if Lessee fails to observe or perform any of the provisions of this Lease (other than the payment of money) to be observed or performed by Lessee where such failure shall continue for a period of thirty (30) days after receipt of written notice thereof from Lessor to Lessee; provided, however, that if the nature of Lessee’s default is such that more than thirty
AutoNDA by SimpleDocs

Related to Lessor's Rights and Remedies

  • Banks Rights and Remedies 8.1 Upon the occurrence of an Event of Default by Borrower under this Agreement, Bank may, at its election, without notice of its election and without demand, do any one or more of the following, all of which are authorized by Borrower:

  • Waivers, Rights and Remedies Except as expressly provided in this Agreement, no failure or delay by any party in exercising any right or remedy relating to this Agreement or any of the Transaction Documents shall affect or operate as a waiver or variation of that right or remedy or preclude its exercise at any subsequent time. No single or partial exercise of any such right or remedy shall preclude any further exercise of it or the exercise of any other remedy.

  • Lenders Rights and Remedies Subject to my right to notice of default and right to cure the default(s), to the extent required by law, if an Event of Default occurs, Lender has the following rights and remedies (“Rights and Remedies”), subject to applicable law:

  • Secured Party’s Rights and Remedies If at any time (1) an Event of Default or Specified Condition with respect to the Pledgor has occurred and is continuing or (2) an Early Termination Date has occurred or been designated as the result of an Event of Default or Specified Condition with respect to the Pledgor, then, unless the Pledgor has paid in full all of its Obligations that are then due, the Secured Party may exercise one or more of the following rights and remedies:

  • Rights and Remedies When an Event of Default occurs and continues Bank may, without notice or demand, do any or all of the following:

  • Default Rights and Remedies If an Event of Default exists, the Agent shall have the following rights and remedies:

  • Grants, Rights and Remedies This IP Security Agreement has been entered into in conjunction with the provisions of the Security Agreement. Each Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Collateral Agent with respect to the Collateral are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated herein by reference as if fully set forth herein.

  • Other Rights and Remedies Lender shall have all the rights and remedies of a secured creditor under the provisions of the Uniform Commercial Code, as may be amended from time to time. In addition, Lender shall have and may exercise any or all other rights and remedies it may have available at law, in equity, or otherwise.

  • No Waiver, Rights and Remedies No failure on the part of the Administrative Agent or any Secured Party or any assignee of any Secured Party to exercise, and no delay in exercising, any right or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right or remedy hereunder preclude any other or further exercise thereof or the exercise of any other right. The rights and remedies herein provided are cumulative and not exclusive of any rights and remedies provided by law.

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