Common use of Right to Self Help; Interest on Overdue Rent Clause in Contracts

Right to Self Help; Interest on Overdue Rent. If an Event of Default occurs, Landlord has the right, but not the obligation, to enter the Premises and to perform any obligation of Tenant under this Lease notwithstanding the fact that no specific provision for substituted performance by Landlord is made in this Lease. In performing the obligation, Landlord may make any payment of money or perform any other act. The total of (i) all sums paid by Landlord (ii) interest (at the rate of 1-1/2 % per month or the highest rate permitted by law, whichever is less) on such sums plus all Rent not paid when due and (iii) all expenses in connection with the performance of the obligation by Landlord, will be deemed to the Rent under this Lease and payable to Landlord on demand. Landlord may exercise its rights under this Section 21.05 without waiving any other of its rights or releasing Tenant from any of its obligations under this Lease.

Right to Self Help; Interest on Overdue Rent. ‌ If an Event of Default occurs, Landlord has the right, but not the obligation, to enter the Premises and to perform any obligation of Tenant under this Lease notwithstanding the fact that no specific provision for substituted performance by Landlord Xxxxxxxx is made in this Lease. In performing the obligation, Landlord may make any payment of money or perform any other act. The total of (i) all sums paid by Landlord Landlord, (ii) interest (at the rate of 1-1/2 1/2% per month or the highest rate permitted by law, whichever is less) on such sums plus all Rent not paid when due due, and (iii) all expenses in connection with the performance of the obligation by Landlord, will be deemed to the be Rent under this Lease and payable to Landlord on demand. Landlord may exercise its rights under this Section 21.05 20.6 without waiving any other of its rights or releasing Tenant from any of its obligations under this Lease.

Right to Self Help; Interest on Overdue Rent. If an Event of Default occurs, Landlord has the right, but not the obligation, to enter the Premises and to perform any obligation of Tenant under this Lease notwithstanding the fact that no specific provision for substituted performance by Landlord is made in this Lease. In performing the obligation, Landlord may make any payment of money or perform any other act. The total of (i) all sums paid by Landlord (ii) interest (at the rate of 1-1/2 1/2% per month or the highest rate permitted by law, whichever is less) on such sums plus all Rent not paid when due and (iii) all expenses in connection with the performance of the obligation by Landlord, will be deemed to the be Rent under this Lease and payable to Landlord on demand. Landlord may exercise its rights under this Section 21.05 without waiving any other of its rights or releasing Tenant from any of its obligations under this Lease.

Right to Self Help; Interest on Overdue Rent. If an Event of -------------------------------------------- Default occurs, Landlord has the right, but not the obligation, to enter the Premises and to perform any obligation of Tenant under this Lease notwithstanding the fact that no specific provision for such substituted performance by Landlord is made in this Lease. In performing the such obligation, Landlord may make any payment of money or perform any other act. The total of (i) all sums paid by Landlord (ii) interest (at the rate of 1-1/2 1 1/2% per month or the highest rate permitted by law, whichever is less) on such sums plus all Rent not paid when due and (iii) all expenses in connection with the performance of the obligation by Landlord, will be deemed to the be Rent under this Lease and payable to Landlord on demand. Landlord may exercise its the foregoing rights under this Section 21.05 without waiving any other of its rights or releasing Tenant from any of its obligations under this Lease.