Common use of LOSS OR EXPENSE Clause in Contracts

LOSS OR EXPENSE. If the Landlord suffers or incurs any damage, loss or expense or is obliged to make payment for which the Tenant is liable hereunder by reason of the failure of the Tenant to observe and comply with any of the terms of this lease including solicitors fees where it shall be necessary for the Landlord to obtain the services of a solicitor for the purposes of collecting rent in arrears or enforcing the performance of any of the terms of this agreement then the Landlord shall have the right to add the cost or amount of any such damage, loss, expense or payment to the rental, any such amount shall immediately become due and payable and any such amount or cost, that is unpaid, shall bear interest at the rate of twenty­four (24) percent per annum. The Landlord shall have the right to pursue the Tenant to collect sums for the rental lease, or to defend the terms of this agreement and be entitled to its costs on a solicitor and client full indemnity basis.

LOSS OR EXPENSE. If the Landlord suffers or incurs any damage, loss loss, or expense or is obliged to make payment for which the Tenant is liable hereunder by reason because of the failure of the Tenant to observe and comply with any of the terms of this lease including solicitors fees where it shall be necessary for the Landlord to obtain the services of a solicitor for the purposes of collecting rent in arrears or enforcing the performance of any of the terms of this agreement then the Landlord shall have the right to add the cost or amount of any such damage, loss, expense or payment to the rental, any such amount shall immediately become due and payable and any such amount or cost, that is unpaid, shall bear interest at the rate of twenty­four twenty four (24) percent per annum. The Landlord shall have the right to pursue the Tenant to collect sums for the rental lease, or to defend the terms of this agreement and be entitled to its costs on a solicitor and client full indemnity basis.. Initial Initial Initial

LOSS OR EXPENSE. If the Landlord suffers or incurs any damage, loss or expense or is obliged to make payment for which the Tenant is liable hereunder by reason of the failure of the Tenant to observe and comply with any of the terms of this lease including reasonable solicitors fees where it shall be necessary for the Landlord to obtain the services of a solicitor for the purposes of collecting rent in arrears or enforcing the performance of any of the terms of this agreement then the Landlord shall have the right to add the cost or amount of any such damage, loss, expense or payment to the rental, any such amount shall immediately become due and payable and any such amount or cost, that is unpaid, shall bear interest at the rate of twenty­four twenty-four (24) percent per annum. The Any amounts owing to the Landlord shall have may be set-off against any amounts owing by the right Landlord to pursue the Tenant to collect sums for the rental lease, or to defend the terms of this agreement and be entitled to its costs on a solicitor and client full indemnity basisTenant.

LOSS OR EXPENSE. If the Landlord suffers or incurs any damage, loss or expense or is obliged to make payment for which the Tenant is liable hereunder by reason of the failure of the Tenant to observe and comply with any of the terms of this lease including solicitors fees where it shall be necessary for the Landlord to obtain the services of a solicitor for the purposes of collecting rent in arrears or enforcing the performance of any of the terms of this agreement then the Landlord shall have the right to add the cost or amount of any such damage, loss, expense or payment to the rental, any such amount shall immediately become due and payable and any such amount or cost, that is unpaid, shall bear interest at the rate of twenty­four twenty four (24) percent per annum. The Landlord shall have the right to pursue the Tenant to collect sums for the rental lease, or to defend the terms of this agreement and be entitled to its costs on a solicitor and client full indemnity basis.