RELETTING BY LANDLORD. Landlord, as Tenant’s agent, without terminating this Lease, upon Tenant’s breaching this contract, may, at Landlord’s option, enter upon and rent the Premises at the best price obtainable by reasonable effort, without advertisement and by private negotiations and for any term Landlord deems proper. Tenant shall be liable to Landlord for the deficiency, if any, between Tenant’s rent hereunder and the price obtained by Landlord on reletting.
RELETTING BY LANDLORD. At any time, or from time to time after any such expiration or termination, Landlord may relet the Demised Premises, or any portion thereof, in the name of Landlord or otherwise, for such term or terms (which may be greater or less than the period which would otherwise have constituted the balance of the Term) and on such conditions (which may include concessions or free rent) as Landlord, in its sole and absolute discretion, may determine and may collect and receive the rents therefor. Landlord shall in no way be responsible or liable for any failure to relet the Demised Premises, or any part thereof, or for any failure to collect any rent due upon any such reletting. Landlord agrees to use reasonable good faith efforts to relet the Demised Premises to mitigate damages.
RELETTING BY LANDLORD. Should Tenant default in the rent payment or if premises are deserted or vacated, the Landlord may relet the premises as the agent of the Tenant, and receive the rent therefor, upon such terms as shall be satisfactory to the landlord, and all rights of the Tenant to repossess the premises under this lease shall be forfeited. Such re-entry by the Landlord shall not operate to release the Tenant from any rent to be paid or covenants to be performed hereunder during the full term of this lease.
RELETTING BY LANDLORD. If, after an Event of Default, Landlord has the right to but has not elected to terminate this Lease, Landlord may, subject to the Notice and Cure Requirement, as Tenant's agent, without terminating this Lease, enter upon and exercise good faith efforts to rent the Premises at the best price obtainable by reasonable effort, for the remainder of the term hereof. Tenant shall be liable to Landlord for the present value of any deficiency between rent due hereunder and the rent received by Landlord upon reletting. For purposes of computing the "present value of any deficiency" in accordance with the provisions of this paragraph, the parties agree to utilize a discount rate equal to the then prevailing prime rate of interest charged by leading money center banks as published in "THE WALL STREET JOURNAL".
RELETTING BY LANDLORD. If, after an Event of Default, Landlord has not elected to terminate this Lease, Landlord, at Landlord's sole option, may as Tenant's agent, without terminating this Lease, enter upon and rent the Premises for any term Landlord deems proper. Tenant shall be liable to Landlord for the present value of any deficiency between rent due hereunder and the rent received by Landlord upon reletting. For purposes of computing the "present value of any deficiency" in accordance with the provisions of this paragraph, the parties agree to utilize a discount rate equal to the then prevailing prime rate of interest charged by leading money center banks as published in "THE WALL STREET JOURNAL".
RELETTING BY LANDLORD. Tenant hereby appoints Landlord as Tenant's attorney-in-fact for the purpose of reletting the Premises. Landlord is entitled to all rents from any reletting of the Premises for Tenant's account, and Tenant will pay the following amounts on the due date specified in the Lease:
RELETTING BY LANDLORD. Landlord, without terminating this Lease, upon Tenant breaching this Lease (but only after the expiration of any cure period provided for herein) may at Landlord's option enter upon and, using reasonable efforts to do so, rent Premises at the best price obtainable by reasonable effort, without advertisement and by private negotiations and on such other terms as may be commercially reasonable and for any term Landlord deems proper. Tenant shall be liable to Landlord for the deficiency, if any, between Tenant's rent hereunder and the price obtained by Landlord on reletting.
RELETTING BY LANDLORD. Landlord as Tenant's agent, without termination of this lease, upon Tenant's breaching any of the terms of this contract, may at the Landlord's option, enter upon and rent said premises at the best price obtainable by reasonable effort without advertisement or private negotiations and for any term Landlord deems proper. Tenant shall be liable to Landlord for the deficiency, if any, between Tenant's rent hereunder and the price obtained by Landlord on re-letting. In case this lease is terminated and/or Tenant is dispossessed from the Premises on account of Tenant's default hereunder, Landlord agrees to use good-faith, commercially reasonable efforts to re-let same and to otherwise mitigate damages. Paragraph 5 Collection by an attorney ------------------------------------- If any rent owing under this lease is collected by or through an attorney at law, Tenant agrees to pay ten (10%) percent thereof as attorney's fees. Tenant waives all right to homestead and exemptions which he or any member of his family or other person may have under any law as against any obligations arising under this lease, and Tenant hereby assigns to Landlord his homestead and exemption.
RELETTING BY LANDLORD. Landlord may relet for a shorter or longer period of time than the Lease Term and make any necessary repairs or alterations. Landlord may relet on any reasonable terms including a reasonable amount of free rent.
RELETTING BY LANDLORD. Should Tenant vacate the leased premises without rent being paid in full for the entire lease term or renewal or extension period, Landlord shall use diligence to relet and Tenant shall be charged for costs of reletting regardless of whether or not reletting attempts are successful. It is in the mutual benefit of both Tenant and Landlord to stipulate in advance the costs of reletting because it is difficult to evaluate such costs as inconvenience, paper work, advertising, showing leased premises, air conditioning and utilities for showing, checking prospects, administrative and office overhead, and locator service fees (all of which may vary greatly). Therefore, it is agreed that costs of reletting shall be a liquidate sum as stipulated in Paragraph 4, regardless of whether the actual costs are greater or lesser. This amount shall be in addition to past due rentals, future rentals and any and all charges for cleaning, repairing, repainting or other sums due under this agreement and the foregoing shall not waive or diminish the Landlord’s right to recover such additional amounts. All subsequent rentals received shall be credited against Tenant’s liability or future rentals.
