Common use of Right to Relet Clause in Contracts

Right to Relet. If the Landlord re-enters the Premises, it may, at its option and without terminating the Tenant’s rights, make alterations and repairs to facilitate reletting and relet the Premises, or any part, as the Tenant’s agent for such period of time and at such rent and on such other terms and the Landlord wishes. Upon reletting, all rent and monies received by the Landlord shall be applied, first, to the payment of indebtedness other than rent due from the Tenant to the Landlord, second to the payment of costs and expenses of the reletting including brokerage, legal and repair expenses, and third to the payment of rent due and unpaid under this Lease. The residue, if any, shall be applied to the payment of future rent as it becomes due and payable. If at any time the rent received from the reletting is less than the rent to be paid under this Lease, the Tenant shall pay the deficiency to the Landlord to be calculated and paid monthly.

Right to Relet. (a) If the Landlord re-enters the Premisesenters, it may, may at its option and option, without terminating the Tenant’s rights, make alterations and repairs to facilitate reletting reletting, and relet the Premises, or any part, as the Tenant’s agent for such period of time and at such rent and on such other terms and as the Landlord wishes. . (b) Upon reletting, all rent and monies received by the Landlord shall will be applied, first, first to the payment of indebtedness other than rent due from the Tenant to the Landlord, second to the payment of costs and expenses of the reletting including brokerage, legal legal, and repair expenses, and third to the payment of rent due and unpaid under this Lease. The residue, if any, shall will be applied to the payment of future rent as it becomes due and payable. . (c) If at any time the rent received from the reletting is less than the rent to be paid under this Lease, the Tenant shall will pay the deficiency to the Landlord to be calculated and paid monthly.

Right to Relet. (a) If the Landlord re-enters the Premisesenters, it may, may at its option and option, without terminating the Tenant’s rights, make alterations and repairs to facilitate reletting reletting, and relet the Premises, or any part, as the Tenant’s agent for such period of time and at such rent and on such other terms and as the Landlord wishes. . (b) Upon reletting, all rent and monies received by the Landlord shall will be applied, first, first to the payment of indebtedness other than rent due from the Tenant to the Landlord, second to the payment of costs and expenses of the reletting including excluding brokerage, legal and repair expenses, and third to the payment of rent due and unpaid under this Lease. The residue, if any, shall will be applied to the payment of future rent as it becomes due and payable. . (c) If at any time the rent received from the reletting is less than the rent to be paid under this Lease, the Tenant shall will pay the deficiency to the Landlord to be calculated and paid monthly.