Common use of Re-Entry Without Termination Clause in Contracts

Re-Entry Without Termination. Landlord may, at Landlord’s election, re-enter the Ground Leased Premises and any improvements thereon, and without terminating this Lease, at any time, relet the Ground Leased Premises and improvements, or any part(s) of them, for the account, and in the name of Tenant or otherwise, all upon commercially reasonable rates and terms determined by Landlord, without hereby obligating Landlord to relet the Ground Leased Premises and any improvements or make an effort to relet either or both of them in whole or in part, at any time. Any reletting may be for the remainder of the Term, or for any longer or shorter period. Landlord may execute any leases made under this provision either in Landlord’s name or in Tenant’s name, and Landlord shall be entitled to all rents from the use, operation or occupancy of the Ground Leased Premises or improvements, or both. Landlord shall have the further right, at Landlord’s option, to make such reasonable and necessary alterations, repairs, replacements and/or restorations which shall not operate or be construed to release Tenant from liability hereunder. Tenant shall nevertheless pay to Landlord on the due dates specified in this Ground Lease the equivalent of all sums required of Tenant under this Lease, plus Landlord’s expenses. No act by or on behalf of Landlord under this provision shall constitute a termination of this Ground Lease unless Landlord gives Tenant written notice of termination.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Health Management Associates Inc)

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Re-Entry Without Termination. If permitted under applicable law, Landlord may, at Landlord’s election, re-enter the Ground Leased Premises Premises, the MOB and any improvements thereon, and without terminating this Lease, at any time, relet the Ground Leased Premises and improvements, or any part(s) of them, for the account, and in the name of Tenant or otherwise, all upon commercially reasonable rates and terms determined by Landlord, without hereby obligating Landlord to relet the Ground Leased Premises and any improvements the MOB or make an effort to relet either or both of them in whole or in part, at any time. Any reletting may be for the remainder of the Term, the Extended Term(s) or for any longer or shorter period. Landlord may execute any leases made under this provision either in Landlord’s name or in Tenant’s name, and Landlord shall be entitled to all rents from the use, operation or occupancy of the Ground Leased Premises or improvements, or both. Landlord shall have the further right, at Landlord’s option, to make such reasonable and necessary alterations, repairs, replacements and/or restorations which shall not operate or be construed to release Tenant from liability hereunder. Tenant shall nevertheless pay to Landlord on the due dates specified in this Ground Lease the equivalent of all sums required of Tenant under this Lease, plus Landlord’s reasonable expenses. No act by or on behalf of Landlord under this provision shall constitute a termination of this Ground Lease unless Landlord gives Tenant written notice of termination. 13.2.3.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Physicians Realty Trust)

Re-Entry Without Termination. Landlord may, at Landlord’s election, re-enter may reenter the Ground Leased Premises and any improvements thereonand, and without terminating this Lease, at any time, time and from time to time relet the Ground Leased Premises and improvementsImprovements, or any part(s) part or parts of them, for the account, account and in the name of Tenant or otherwise, all upon commercially reasonable rates and terms determined by Landlord, without hereby obligating . Landlord to relet the Ground Leased Premises and any improvements or make an effort to relet either or both of them in whole or in partmay, at any timeXxxxxxxx’s election, eject all persons or eject some and not others or eject none. Any reletting may be for the remainder of the Term, term of the Lease or for any a longer or shorter periodterm. Landlord may execute any leases made under this provision either in Landlord’s name or in Tenant’s name, and Landlord shall be entitled to all rents from the use, operation operation, or occupancy of the Ground Leased Premises or improvements, Improvements or both. Landlord shall have the further right, at Landlord’s option, to make such reasonable and necessary alterations, repairs, replacements and/or restorations which shall not operate or be construed to release Tenant apply all rents from liability hereunderreletting as provided in Section 9.07 of this Lease. Tenant shall nevertheless pay to Landlord on the due dates specified in this Ground Lease Lease, the equivalent of all sums required of Tenant under this Lease, plus Landlord’s expenses, less the proceeds of any reletting. No act by or on behalf of Landlord under this provision shall constitute a termination of this Ground Lease unless Landlord gives Tenant written notice of termination.

Appears in 1 contract

Samples: Lease Agreement

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Re-Entry Without Termination. Landlord Lessor may, at Landlord’s Lessor's election, re-enter the Ground Leased Premises Premises, the MOB and any improvements thereon, and without terminating this Lease, at any time, relet the Ground Leased Premises and improvements, or any part(s) of them, for the account, and in the name of Tenant Lessee or otherwise, all upon commercially reasonable rates and terms determined by LandlordLessor, without hereby obligating Landlord Lessor to relet the Ground Leased Premises and any improvements the MOB or make an effort to relet either or both of them in whole or in part, at any time. Any reletting may be for the remainder of the Term, Term or for any longer or shorter period. Landlord Lessor may execute any leases made under this provision either in Landlord’s Lessor's name or in Tenant’s Lessee's name,, and Landlord Lessor shall be entitled to all rents from the use, operation or occupancy of the Ground Leased Premises or improvements, or both. Landlord Lessor shall have the further right, at Landlord’s Lessor's option, to make such reasonable and necessary alterations, repairs, replacements and/or restorations which shall not operate or be construed to release Tenant Lessee from liability hereunder. Tenant Lessee shall nevertheless pay to Landlord Lessor on the due dates specified in this Ground Lease the equivalent of all sums required of Tenant Lessee under this Lease, plus Landlord’s Lessor's expenses. No act by or on behalf of Landlord Lessor under this provision shall constitute a termination of this Ground Lease unless Landlord Lessor gives Tenant Lessee written notice of termination.

Appears in 1 contract

Samples: Escrow Agreement (Windrose Medical Properties Trust)

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