PAYMENT OF FUTURE RENT. If Tenant is in default of any provision of this Agreement, then in addition to any other rights and remedies that Broker may have, Broker may at Broker's sole discretion and option, either terminate this Lease, or from time to time without terminating this Lease, re-enter and retake possession of the Premises, with legal proceedings as provided for by law, and terminate Tenant's right to possession, and re-let the Premises for such terms and at such rentals as Broker in Broker's sole discretion may deem advisable, with the option to make alterations and repairs to said Tenant shall be liable for the cost of all the alterations and repairs, which are reasonably necessary to re-rent the Premises, and the re-letting fee set forth in paragraph 3.6. If Broker does not terminate this Agreement, upon re-letting, all rent and other sums received by Broker from such re-letting, shall be applied, first to the payment of any monetary obligation due under the terms of this Agreement other than monthly rental installments, second, to the re-letting costs, third, to past due monthly rent installments, with the remainder, if any, to be held by the Broker and applied as payments of future rents as the same become due and payable under this Agreement. No such re-entry or re-taking possession of the Premises by Broker, including but not limited to, re-taking of the Premises, by abandonment, voluntary surrender of the Premises by Tenant, or the institution of forcible entry and detainer proceedings or other legal proceedings against Tenant, shall be construed as an election on the part of Broker to terminate this Lease unless written notice of such intention be given to Tenant, or unless determination hereof be decreed by a Court of competent jurisdiction. Even though Broker may re-let the Premises without terminating this Agreement, Broker may at any time thereafter elect to terminate this Lease for any previous breach. Should Broker at any time expressly opt to terminate this Lease for any breach, in addition to any other remedy Broker may have, Broker may recover from Tenant damages Broker may incur by reason of such breach, including the costs of recovering the Premises, including any reasonable attorney's fees and costs. If Tenant defaults, Broker agrees to exercise customary diligence to re-let the Premises to minimize damages and will credit all subsequent rent received from subsequent Tenants against Tenant's liability for past due, and future rent, and other sums d...
PAYMENT OF FUTURE RENT. In the event of the failure of the Resident to pay any rents or other monetary obligations due hereunder, the Agent, besides other rights and remedies he may have, at his option, may either terminate this lease or from time to time without terminating this lease relet the Premises. Upon such reletting, all rentals and other sums received by the Agent from such reletting, shall be applied first to the payment of debt other than rent due to Agent; second to costs and expenses for reletting; third to past due rent, with the resident, if any, to be held by the Agent and applied as payment of future rent as the same became due and payable hereunder. No such re-entry or retaking possession of said Premises by the Agent shall be construed as an election on his part to terminate this lease unless written notice of such intention be given to the Resident or unless the termination hereof be decreed by a Court of competent jurisdiction.
PAYMENT OF FUTURE RENT. In the event that Resident shall be in default of the payment of rent or any other term or covenant of this lease agreement, Landlord may make such demand of Resident as required by law and proceed with legal action to regain possession of the premises and to dispossess Resident, all without terminating Resident's obligations under this lease agreement including but not limited to the obligation to pay future rent. If Landlord regains possession of the premises pursuant to this paragraph, Landlord shall use reasonable efforts to rent the premises and shall apply any rent received first to costs to recover possession and restore the premises to rentable condition and then to sums due by Resident pursuant to this lease agreement. By initialing below, you acknowledge and agree to the terms in Section 1. X Initial Here
PAYMENT OF FUTURE RENT. If Tenant is in default of any provision of this Agreement, then in addition to any other rights and remedies that Landlord may have, at Landlord's sole discretion and option, either terminate this Lease, or from time to time without terminating this Lease, re- enter and retake possession of the Premises, with legal proceedings as provided for by law, and terminate Xxxxxx's right to possession, and re-let the Premises for such terms and at such rentals as Landlord in Landlord's sole discretion may deem advisable, with the option to make alterations and repairs to said Premises. Tenant shall be liable for the cost of all the alterations and repairs, which are reasonably necessary to re-rent the Premises and the re-letting fee set forth herein. If Landlord does not terminate this Agreement, upon re-letting, all rent and other sums received by Landlord from such re-letting, shall be applied, first to the payment of any monetary obligation due under the terms of this Agreement other than monthly rental installments, second, to the re-letting costs, third, to past due monthly rent installments, with the remainder, if any, to be held by the Landlord and applied as payments of future rents as the same become due and payable under this Agreement.
PAYMENT OF FUTURE RENT. In the event that Tenant shall be in default of the payment of rent or any other term or covenant of this Rental Agreement, Landlord may make such demand of Tenant as required by law and proceed with legal action to regain possession of the premises and to dispossess Tenant, all without terminating Tenant’s obligations under this Rental Agreement. If Landlord regains possession of the premises pursuant to this paragraph, Landlord shall use reasonable efforts to rent the premises and shall apply any rent received first to costs to recover possession and restore the premises to rentable condition and then to sums due by Tenant pursuant to this Rental Agreement. Lease Agreement - (Date From – Date To)
