Common use of Mitigation by Lessor Clause in Contracts

Mitigation by Lessor. Upon eviction or voluntary vacation of the leased premises by Lessee without the lease being terminated by Lessor, Lessor shall make reasonable efforts to relet the leased premises. After deduction of reasonable expenses incurred by Lessor, Lessee shall receive credit for any rentals received by Lessor through reletting the leased premises during the remainder of the lease term or renewal or extension period. Such deductible expenses may include real estate commissions, attorney's fees, and all other expenses in connection with reletting. Lawsuit to collect amounts due by Lessee under this lease may be brought from time to time on one or more occasions without the necessity of Lessor's waiting until the expiration of the lease term. If judgment for accelerated rents is recovered, Lessor shall give credit against such judgment for subsequent payments made by Lessee and subsequent rentals received by Lessor from other tenants of Lessee's office space, less lawful deductions and expenses of reletting.

Appears in 3 contracts

Samples: Office Lease (Deja Com Inc), One Ecommerce Corp, One Ecommerce Corp

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Mitigation by Lessor. Upon eviction or voluntary vacation of the leased premises by Lessee without the lease being terminated by Lessor, Lessor shall make reasonable efforts to relet the leased premises. After deduction of reasonable expenses incurred by Lessor, Lessee shall receive credit for any rentals received by Lessor through reletting the leased premises during the of the remainder of the lease term or renewal or extension period. Such deductible expenses may include real estate commissions, attorney's fees, and all other expenses in connection with reletting. Lawsuit to collect amounts due by Lessee under this lease may be brought from time to time on one or more occasions without the necessity of Lessor's waiting until the expiration of the lease term. If judgment for accelerated rents is recovered, Lessor shall give credit against such judgment for subsequent payments made by Lessee and subsequent rentals received by Lessor from other tenants of Lessee's office space, less lawful deductions and expenses of reletting.

Appears in 1 contract

Samples: Office Lease (Synplicity Inc)

Mitigation by Lessor. Upon eviction or voluntary vacation of the leased premises Leased Premises by Lessee without the lease Lease being terminated by Lessor, Lessor shall make reasonable efforts to relet the leased premisesLeased Premises. After deduction of reasonable expenses incurred by Lessor, Lessee shall receive credit for any rentals Rent received by Lessor through reletting the leased premises Leased Premises during the remainder of the lease term Lease Term or renewal or extension period. Such deductible expenses may include real estate commissions, attorney's ’s fees, and all other expenses in connection with reletting. Lawsuit to collect amounts due by Lessee under this lease Lease may be brought from time to time on one or more occasions without the necessity of Lessor's ’s waiting until the expiration of the lease termLease Term. If judgment for accelerated rents Rents is recovered, Lessor shall give credit against such judgment for subsequent payments made by Lessee and subsequent rentals Rent received by Lessor from other tenants of Lessee's office spacethe Leased Premises, less lawful deductions and expenses of reletting.

Appears in 1 contract

Samples: Lease Agreement (Pain Therapeutics Inc)

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Mitigation by Lessor. Upon eviction or voluntary vacation of the leased premises Leased Premises by Lessee without the lease Lease being terminated by Lessor, Lessor shall will make reasonable efforts to relet the leased premisesLeased Premises. After deduction of reasonable expenses incurred by Lessor, Lessee shall will receive credit for any rentals received by Lessor through reletting the leased premises Leased Premises during the remainder of the lease Lease term or renewal or extension period. Such deductible expenses may include real estate leasing commissions, attorney's fees, and all other reasonable expenses in connection with reletting. Lawsuit Lawsuits to collect amounts due by Lessee under this lease Lease may be brought from time to time on one or more occasions without the necessity of Lessor's waiting until the expiration of the lease Lease term. If judgment for accelerated rents is recovered, Lessor shall will give credit against such judgment for subsequent payments made by Lessee and subsequent rentals received by Lessor from other tenants of Lessee's office spacethe Leased Premises, less lawful deductions and expenses of relettingreletting that have not been paid by Lessee.

Appears in 1 contract

Samples: Lease Agreement (Micro Media Solutions Inc)

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