OTHER REMEDIES OF LESSOR Sample Clauses

OTHER REMEDIES OF LESSOR. (a) In addition to the legal remedies of Lessor herein referred to, if an Event of Default occurs, Lessor shall have all other legal and equitable remedies for the enforcement of the provisions of this Agreement available hereunder, at law and/or in equity.
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OTHER REMEDIES OF LESSOR. In addition to the legal remedies of Lessor herein referred to, if an Event of Default occurs, Lessor shall have all other legal and equitable remedies for the enforcement of the provisions of this Agreement available hereunder, at law and/or in equity. After an Event of Default, this Agreement shall continue in effect so long as Lessor does not terminate this Agreement, and, while such Event of Default exists, Lessor may enforce its rights and remedies hereunder, including the right to recover Rent and/or other monetary consideration accruing to the Sponsoring University or College under this Agreement from Lessee as it becomes due hereunder and, subject to the rights of any Leasehold Mortgagee, from any subcontractors. In such event, (i) Lessee shall be deemed to have assigned to Lessor Lessee’s right to collect and receive rent and other payments from any subtenants and (ii) Lessor shall apply any such rents and other payments to the discharge of Lessee’s obligations under any such sublease or subleases. After an Event of Default (other than with respect to payment of monthly Base Rent), Lessor may, without waiving Xxxxxx's performance of its obligations hereunder, make the defaulted payment or perform such act on Xxxxxx's behalf. All costs incurred by Lessor in taking such action shall be deemed Additional Rent and/or other monetary consideration due under this Agreement and shall be paid to Lessor on demand. Lessee shall reimburse Lessor for all expenses incurred by Xxxxxx (including reasonable attorneys' fees and disbursements), by reason of any breach by Xxxxxx, or its agents, servants or employees, of any covenant or provision of this Agreement.
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OTHER REMEDIES OF LESSOR. If default shall be made in the performance of any covenant required by this lease to be performed by Lessee, Lessor may, at Lessor's election, perform the same for the account and at the expense of Lessee, after giving notice to Lessee of his intention to do so. If Lessor at any time is compelled to pay, or elects to pay, any sum of money, or do any act which will require the payment of any sum of money, by reason of the failure of Lessee to comply with any provision hereof, or, if Lessor is compelled to incur any expense, including reasonable counsel fees in instituting, prosecuting or defending any action or proceeding occasioned by reason of any default of Lessee hereunder, the sum or sums so paid by Lessor shall be due from Lessee to Lessor as additional rent by the 10th day of the month following the incurring of such expense, together with interest at the rate of eight percent (8%) per annum.
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Related to OTHER REMEDIES OF LESSOR

  • Other Remedies Except as otherwise provided herein, any and all remedies herein expressly conferred upon a party will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by law or equity upon such party, and the exercise by a party of any one remedy will not preclude the exercise of any other remedy.

  • Remedies of the Bank Section 5.01. Pursuant to Section 6.02 (p) of the General Conditions, the following additional events are specified:

  • Limitation Remedies and Damages Neither Party shall be liable to the other for any consequential, indirect or special damages to persons or property whether arising in tort, contract or otherwise, by reason of this Agreement or any services performed or undertaken to be performed hereunder.

  • Limitation of Remedies and Damages In the event there is any dispute under this Agreement, the aggrieved party shall not be entitled to exemplary or punitive damages so that the aggrieved party’s remedy in connection with any action arising under or in any way related to this Agreement shall be limited to a breach of contract action and any damages in connection therewith are limited to actual and direct damages, except that CDF may seek equitable relief in connection with any judicial repossession of, or temporary restraining order with respect to, the Collateral.

  • REMEDIES OF THE PARTIES A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS may declare the entire balance immediately due and payable. Thereafter this agreement may be foreclosed in equity and the Court may appoint a receiver.

  • Waiver; Remedies Cumulative The rights and remedies of the parties to this Agreement are cumulative and not alternative. Neither any failure nor any delay by any party in exercising any right, power or privilege under this Agreement or any of the documents referred to in this Agreement will operate as a waiver of such right, power or privilege, and no single or partial exercise of any such right, power or privilege will preclude any other or further exercise of such right, power or privilege or the exercise of any other right, power or privilege. To the maximum extent permitted by applicable law, (a) no claim or right arising out of this Agreement or any of the documents referred to in this Agreement can be discharged by one party, in whole or in part, by a waiver or renunciation of the claim or right unless in writing signed by the other party; (b) no waiver that may be given by a party will be applicable except in the specific instance for which it is given; and (c) no notice to or demand on one party will be deemed to be a waiver of any obligation of that party or of the right of the party giving such notice or demand to take further action without notice or demand as provided in this Agreement or the documents referred to in this Agreement.

  • Waiver; Remedies No failure on the part of Purchaser to exercise, and no delay in exercising, any right under this Guaranty shall operate as a waiver, nor shall any single or partial exercise of any right under this Guaranty preclude any other or further exercise of any other right. The remedies provided in this Guaranty are cumulative and not exclusive of any remedies provided by law or equity. In the event that Merchant fails to perform any obligation under the Agreement, Purchaser may enforce its rights under this Guaranty without first seeking to obtain performance for such default from Merchant or any other guarantor.

  • Remedies for Default (a) Enterprise Services’ rights to suspend and terminate Contractor’s rights under this Master Contract are in addition to all other available remedies.

  • Waivers and Remedies The waiver by any of the parties hereto of any other party's prompt and complete performance, or breach or violation, of any provision of this Agreement shall not operate nor be construed as a waiver of any subsequent breach or violation, and the waiver by any of the parties hereto to exercise any right or remedy which it may possess hereunder shall not operate nor be construed as a bar to the exercise of such right or remedy by such party upon the occurrence of any subsequent breach or violation.

  • No Waiver; Remedies Cumulative No failure or delay on the part of any Agent or any Lender in the exercise of any power, right or privilege hereunder or under any other Credit Document shall impair such power, right or privilege or be construed to be a waiver of any default or acquiescence therein, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other power, right or privilege. The rights, powers and remedies given to each Agent and each Lender hereby are cumulative and shall be in addition to and independent of all rights, powers and remedies existing by virtue of any statute or rule of law or in any of the other Credit Documents. Any forbearance or failure to exercise, and any delay in exercising, any right, power or remedy hereunder shall not impair any such right, power or remedy or be construed to be a waiver thereof, nor shall it preclude the further exercise of any such right, power or remedy.

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