Common use of Repossession or Reletting Not a Termination Clause in Contracts

Repossession or Reletting Not a Termination. Lessor's Right to Terminate Not Forfeited. No re-entry, repossession, operation, or reletting of the demised premises or of fixtures and equipment shall be construed as an election by Lessor to terminate this Lease unless a written notice of such intention is given by Lessor to Lessee, and notwithstanding any such operation or reletting without terminating this Lease. Lessor may at any time thereafter elect to terminate this Lease in the event at such time Lessee remains at default hereunder.

Appears in 4 contracts

Samples: Lease Agreement (Moore Solutions Inc), Lease Agreement (Moore Solutions Inc), Lease Agreement (Moore Solutions Inc)

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