Common use of Reletting of Premises Clause in Contracts

Reletting of Premises. In the event of any termination of this Lease and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds in connection with such reletting or collection of rents therefrom. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises for any period, to any Tenant and for any use or purpose.

Appears in 3 contracts

Samples: Lease Agreement (Rules-Based Medicine Inc), Lease Agreement (Advanced Energy Industries Inc), Lease Agreement (Advanced Energy Industries Inc)

AutoNDA by SimpleDocs

Reletting of Premises. In the event of any termination of this Lease --------------------- and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds in connection with such reletting or collection of rents therefrom. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises Premises, for any period, to any Tenant tenant and for any use or purpose.

Appears in 2 contracts

Samples: Lease Agreement (Active Power Inc), Lease Agreement (Clearcommerce Corp)

Reletting of Premises. In the event of any termination of this Lease and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds in connection with such reletting or collection of rents therefrom. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises Premises, for any period, to any Tenant tenant and for any use or purpose.

Appears in 2 contracts

Samples: Lease Agreement (DJO Finance LLC), Lease Agreement (Tanisys Technology Inc)

Reletting of Premises. In the event of any termination of this Lease --------------------- and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds in connection with such reletting or collection of rents therefrom. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed Owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises Premises, for any period, to any Tenant tenant and for any use or purpose.

Appears in 1 contract

Samples: Lease Agreement (Asyst Technologies Inc /Ca/)

Reletting of Premises. In the event of any termination of this Lease --------------------- and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds undesirable, in connection with such reletting or collection of rents therefromits reasonable business judgment. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises Premises, for any period, to any Tenant tenant and for any use or purpose.

Appears in 1 contract

Samples: Lease Agreement (Luminex Corp)

Reletting of Premises. In the event of any termination of this Lease and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds in connection with such reletting or collection of rents therefrom. therefrom Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed hereunder for the period of such reletting. Landlord may relet the whole or Or any portion of the Premises Premises, for any period, to any Tenant tenant and for any use or purpose.

Appears in 1 contract

Samples: Lease Agreement (Metrowerks Inc /Tx/)

Reletting of Premises. In the event of any termination of this Lease and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds in connection with such reletting or collection of rents therefromthere from. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises Premises, for any period, to any Tenant tenant and for any use or purpose.

Appears in 1 contract

Samples: Lease Agreement (Infiniti Solutions LTD)

AutoNDA by SimpleDocs

Reletting of Premises. In the event of any termination of this Lease and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds in connection with such reletting or collection of rents therefrom. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental and other amounts owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises for any period, to any Tenant and for any use or purpose.

Appears in 1 contract

Samples: Lease Agreement (Xetel Corp)

Reletting of Premises. In the event of any termination of this Lease and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord reasonably deems undesirable or to expend any funds in connection with such reletting or collection of rents therefrom. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises Premises, for any period, to any Tenant tenant and for any use or purpose.

Appears in 1 contract

Samples: Lease Agreement (Photon Dynamics Inc)

Reletting of Premises. In the event of any termination of this Lease and/or repossession of the Premises for an Event of Default, Landlord shall use reasonable diligent efforts to relet the Premises and to collect rental after reletting, with no obligation to accept any lessee that Landlord deems undesirable or to expend any funds in connection with such reletting or collection of rents therefrom. Tenant shall not be entitled to credit for or reimbursement of any proceeds of such reletting in excess of the rental owed hereunder for the period of such reletting. Landlord may relet the whole or any portion of the Premises Premises, for any period, to any Tenant tenant and for any use or purpose.

Appears in 1 contract

Samples: Lease Agreement (Staktek Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.