Common use of Right to Relet Clause in Contracts

Right to Relet. (a) If the Landlord re-enters, as provided in this Lease, it may at its option, without terminating the Tenant's rights under this Lease, make alterations and repairs considered by the Landlord necessary to facilitate a reletting, and relet the Premises or any part thereof as agent of the Tenant for such period of time and at such rent and upon such other terms and conditions as the Landlord in its discretion considers advisable. (b) Upon each reletting all rent and other monies received by the Landlord from the reletting will be applied, first to the payment of indebtedness other than Rent due hereunder from the Tenant to the Landlord, secondly to the payment of costs and expenses of the reletting including brokerage fees and legal fees and costs of the alterations and repairs, and third to the payment of Rent due and unpaid under this Lease. The residue, if any, will be held by the Landlord and applied in payment of future rent as it becomes due and payable. (c) If the rent received from the reletting during a month is less than the Rent to be paid during that month by the Tenant, the Tenant will pay the deficiency to the Landlord. The deficiency will be calculated and paid monthly.

Right to Relet. (a) If the Landlord re-enters, as provided in this Lease, it may at its option, without terminating the Tenant's ’s rights under this Lease, make alterations and repairs considered by the Landlord necessary to facilitate a reletting, and relet the Premises or any part thereof as agent of the Tenant for such period of time and at such rent and upon such other terms and conditions as the Landlord in its discretion considers advisable. (b) Upon each reletting all rent and other monies received by the Landlord from the reletting will be applied, first to the payment of indebtedness other than Rent due hereunder from the Tenant to the Landlord, secondly to the payment of costs and expenses of the reletting including brokerage fees and legal fees and costs of the alterations and repairs, and third to the payment of Rent due and unpaid under this Lease. The residue, if any, will be held by the Landlord and applied in payment of future rent as it becomes due and payable. (c) If the rent received from the reletting during a month is less than the Rent to be paid during that month by the Tenant, the Tenant will pay the deficiency to the Landlord. The deficiency will be calculated and paid monthly.

Right to Relet. (a) If the Landlord Lessor re-entersenters the Premises as above provided, as provided in this Leaseor if it takes possession pursuant to legal proceedings or otherwise, it may at its optioneither terminate this Lease or it may. from time to time, without terminating the Tenant's rights under this Lease, make such alterations and repairs considered by as it deems advisable to relet the Landlord necessary to facilitate a relettingPremises, and relet the Premises or any part thereof as agent of the Tenant for such period of time term or terms (which may extend beyond the Lease Term) and at such rent rentals and upon such other terms and conditions as the Landlord Lessor in its sole discretion considers deems advisable. (b) Upon : upon each reletting such reletting, all rent and other monies rentals received by the Landlord from the reletting will Lessor therefrom shall be applied, first first, to the payment of any indebtedness other than Rent rent due hereunder from the Tenant to the LandlordLessor; second, secondly to the payment of pay any costs and expenses of the reletting reletting, including brokerage fees brokers’ and legal attorneys’ fees and costs of the alterations and repairs; third, to rent due hereunder. and third to the payment of Rent due and unpaid under this Lease. The residue, if any, will shall be held by the Landlord Lessor and applied in payment of future rent as it becomes due and payable. (c) hereunder. If the rent rentals received from the such reletting during a any month is are less than the Rent that to be paid during that month by the Tenant, the Tenant will hereunder. Tenant shall immediately pay the any such deficiency to Lessor. No re-entry or taking possession of the Landlord. The deficiency will Premises by Lessor shall be calculated and paid monthlyconstrued as an election to terminate this Lease unless a written notice of such termination is given by Lessor.

Right to Relet. (a) If the Landlord re-enters, as provided in this Lease, it may at its optionmay, without terminating the Tenant's rights under this Lease, make alterations and repairs considered by the Landlord necessary to facilitate a reletting, and relet the Premises or any part thereof as agent of the Tenant for such period of time and at such rent and upon such other terms and conditions as the Landlord in its discretion considers advisable. (b) Upon each reletting all rent and other monies received by the Landlord from the reletting will be applied, first to the payment of indebtedness other than Rent due hereunder from the Tenant to the Landlord, secondly to the payment of costs and expenses of the reletting including brokerage fees and legal fees and costs of the alterations and repairs, and third to the payment of Rent due and unpaid under this Lease. The residue, if any, will be held by the Landlord and applied in payment of future rent as it becomes due and payable. (c) If the rent received from the reletting during a month is less than the Rent to be paid during that month by the Tenant, the Tenant will pay the deficiency to the Landlord. The deficiency will be calculated and paid monthly.