Common use of Lump-sum Damage Payment Clause in Contracts

Lump-sum Damage Payment. At any time after such expiration or sooner termination of this Lease as provided herein or pursuant to law, whether or not Lessor shall have recovered any amounts under Section 7.02(b), Lessor shall be entitled to recover from Lessee and Lessee shall pay to Lessor, on demand, as and for liquidated and agreed final damages for Lessee's default, an amount equal to the sum of the following, as of the date of such payment by Lessee:

Appears in 4 contracts

Samples: Lease Agreement (Manchester Technologies Inc), Lease Agreement (Point 360), Lease Agreement (Manchester Technologies Inc)

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Lump-sum Damage Payment. At any time after such expiration or sooner termination of this Lease as provided herein or pursuant to law, whether or not Lessor shall have recovered any amounts under Section 7.02(b), Lessor shall be entitled to recover from Lessee and Lessee shall pay to Lessor, on demand, as and for liquidated and agreed final damages for Lessee's ’s default, an amount equal to the sum of the following, as of the date of such payment by Lessee:

Appears in 1 contract

Samples: Lease Agreement (Inamed Corp)

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Lump-sum Damage Payment. At any time after such expiration or sooner termination of this Lease as provided herein or pursuant to lawlaw and good faith efforts by Lessor to relet the Premises, whether or not Lessor shall have recovered any amounts under Section 7.02(b), Lessor shall be entitled to recover from Lessee and Lessee shall pay to Lessor, on demand, as and for liquidated and agreed final damages for Lessee's ’s default, an amount equal to the sum of the following, as of the date of such payment by Lessee:

Appears in 1 contract

Samples: Lease Agreement (National American University Holdings, Inc.)

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