Common use of Sale and Reletting Clause in Contracts

Sale and Reletting. Upon the Landlord becoming entitled to re-enter the Premises under any of the provisions of this Lease, the Landlord, in addition to all other rights and remedies, may enter the Premises as the agent of the Tenant either by force or otherwise, without being liable for any prosecution therefor and relet the Premises as the agent of the Tenant, and receive all rent therefor. The Landlord may also, as agent of the Tenant, take possession of any business and trade fixtures of the Tenant and any goods and property whatsoever on the Premises, sell them at public or private sale without notice and apply the proceeds of such sale and any rent derived from reletting the Premises, after deducting its costs of conducting such sale and its costs of reletting, in payment of the Rent due under this Lease, and the Tenant will be liable to the Landlord for any deficiency.

Appears in 3 contracts

Samples: Industrial Lease, Very Good Food Co Inc., Industrial Lease

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Sale and Reletting. Upon the Landlord landlord becoming entitled to re-enter upon the Premises premises under any of the provisions of this Lease, lease the Landlordlandlord, in addition to all other rights and remedies, may shall have the right to enter the Premises premises as the agent of the Tenant tenant either by force or otherwise, without being liable for any prosecution therefor thereof and to relet the Premises premises as the agent of the Tenanttenant, and to receive all rent therefor. The Landlord may also, and as agent of the Tenant, tenant to take possession of any business and trade fixtures and improvements of the Tenant tenant and any goods good and property whatsoever on the Premises, premises and sell them the same at public or private sale without notice and to apply the proceeds of such sale and any rent derived from reletting the Premises, after deducting its costs of conducting such sale and its costs of relettingpremises, in payment of the Rent rent due under this Leaselease, and the Tenant will tenant shall be liable to the Landlord landlord for any deficiency.

Appears in 2 contracts

Samples: Lease Agreement, Bi-Optic Ventures Inc

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