Common use of Remedies Upon Tenant's Default Clause in Contracts

Remedies Upon Tenant's Default. If there should occur any default on the part of the Tenant in performance of any conditions and covenants herein contained, or if during the term hereof, the premises or any part thereof shall be or become abandoned or deserted, vacated or vacant or should the Tenant be evicted by summary proceedings or otherwise, the Landlord, in addition to any other remedies herein contained or as may be permitted by law, may re-enter the premises for Landlord's benefit; and as agent for the Tenant or otherwise, relet the premises and receive the rents therefor and apply the same, first to the payment of such expenses, reasonable attorney fees and costs as the Landlord may have been put to in re-entering and repossessing the premises and in making such repairs and alterations as may be necessary; and second, to the payment of such rents due hereunder. The Tenant shall remain liable for such rents as may be in arrears and also the rents as may accrue subsequent to the re-entry by the Landlord, to the extent of the difference between the rents reserved hereunder and the rents, if any, received by the Landlord during the remainder of the unexpired term hereof, after deducting the

Appears in 1 contract

Samples: Commercial Lease (Transworld Home Healthcare Inc)

AutoNDA by SimpleDocs

Remedies Upon Tenant's Default. If there should occur any default on the part of the Tenant in the performance of any conditions and covenants herein containedcontained beyond any cure period, or if during the term hereof, the premises or any part thereof shall be or become abandoned or deserted, vacated or vacant or should the Tenant be evicted by summary proceedings or otherwise, the Landlord, in addition to any other remedies herein contained or as may be permitted by law, may either by force or otherwise, without being liable for prosecution therefor, or for damages, re-enter the said premises for Landlord's benefitand the same have and again possess and enjoy; and as agent for the Tenant or otherwise, relet re-let the premises and receive the rents therefor therefore and apply the same, first to the payment of such expenses, reasonable attorney fees and costs costs, as the Landlord may have been put to in re-entering and repossessing repossessing, the premises same and in making such repairs and alterations as may be necessary; and second, second to the payment of such the rents due hereunder. The Tenant shall remain liable for such rents as may be in arrears and also the rents as may accrue subsequent to the re-entry reentry by the Landlord, to the extent of the difference between the rents reserved hereunder and the rents, if any, received by the Landlord during the remainder of the unexpired term hereof, after deducting thethe aforementioned expenses, fees and costs; the same to be paid as such deficiencies arise and are ascertained each month. Any non-monetary defaults shall require 30 days' notice to Tenant of Tenant's right to cure which right shall continue so long as Tenant is diligently pursuing the cure. Landlord shall also only be allowed possession of the property in accordance with the law of New Jersey.

Appears in 1 contract

Samples: Lease Agreement (Yardville National Bancorp)

Remedies Upon Tenant's Default. If there should occur any default on the part of the Tenant in the performance of any conditions and covenants herein containedcontained beyond any cure period, or if during the term hereof, the premises or any part thereof shall be or become abandoned or deserted, vacated or vacant or should the Tenant be evicted by summary proceedings or otherwise, the Landlord, in addition to any other remedies herein contained or as may be permitted by law, may either by force or otherwise, without being liable for prosecution therefor, or for damages, re-enter the said premises for Landlord's benefitand the same have and again possess and enjoy; and as agent for the Tenant or otherwise, relet re-let the premises and receive the rents therefor therefore and apply the same, first to the payment of such expenses, reasonable attorney fees and costs costs, as the Landlord may have been put to in re-entering and repossessing repossessing, the premises same and in making such repairs and alterations as may be necessary; and second, second to the payment of such the rents due hereunder. The Tenant shall remain liable for such rents as may be in arrears and also the rents as may accrue subsequent to the re-entry reentry by the Landlord, to the extent of the difference between the rents reserved hereunder and the rents, if any, received by the Landlord during the remainder of the unexpired term hereof, after deducting thethe aforementioned expenses, fees and costs; the same to be paid as such deficiencies arise and are ascertained each month. Any non-monetary defaults shall require 30 days’ notice to Tenant of Tenant’s right to cure which right shall continue so long as Tenant is diligently pursuing the cure. Landlord shall also only be allowed possession of the property in accordance with the law of New Jersey.

Appears in 1 contract

Samples: Yardville National Bancorp

AutoNDA by SimpleDocs

Remedies Upon Tenant's Default. 17th: If there should occur any default on the part of the Tenant in the performance of any conditions and covenants convenants herein contained, or if during the term hereof, hereof the premises or any part thereof shall be or become abandoned or deserted, vacated or vacant vacant, or should the Tenant be evicted by summary proceedings or otherwise, the Landlord, in addition to any other remedies herein contained or as may be permitted by law, may either by force or otherwise, without being liable for prosecution therefor, or for damages, re-enter the said premises for Landlord's benefitand the same have and again possess and enjoy; and as agent for the Tenant or otherwise, relet re-let the premises and receive the rents therefor and apply the same, first to the payment of such expenses, reasonable attorney fees and costs costs, as the Landlord may have been put to in re-entering and repossessing the premises and in making such repairs and alterations as may be necessary; and second, to the payment of such rents due hereunder. The same Tenant shall remain liable for such rents as may be in arrears and also the rents as may accrue subsequent to the re-entry by the Landlord, to the extent of the difference between the rents reserved hereunder and the rents, if any, received by the Landlord during the remainder of the unexpired term hereof, after deducting thethe aforementioned expenses, fees and costs; the same to be paid as such deficiencies arise and are ascertained each month. Termination of Default

Appears in 1 contract

Samples: Lease Agreement (Able Energy Inc)

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