Sublandlord’s Remedies Sample Clauses

Sublandlord’s Remedies. If any Event of Default occurs, then Sublandlord shall have the right, at its election, to exercise any, some or all of the following remedies: (a) To terminate this Sublease, in which case Subtenant’s right to possession of the Subleased Premises will cease and this Sublease will be terminated as if the expiration of the term fixed in such notice were the end of the term. If this Sublease is terminated, Sublandlord will be entitled to recover from Subtenant (1) the unpaid rent that had been earned at the time of termination; (2) the amount by which the unpaid rent that would have been earned after termination until the time of award exceeds the amount of the rent loss that Subtenant proves could reasonably have been avoided; (3) the amount by which the unpaid rent for the balance of the term of this Sublease after the time of award exceeds the amount of the rent loss that Subtenant proves could reasonably be avoided; and (4) any other amount necessary to compensate Sublandlord for all the damages proximately caused by Subtenant’s failure to perform its obligations under this Sublease or that in the ordinary course of things would be likely to result from that failure. The amount referred to in clauses (1) and (2) is computed by allowing interest at the highest rate permitted by law. The amount referred to in clause (3) is computed by discounting the amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award. As used herein, “time of award” means when a decision is rendered by an arbitrator or court of competent jurisdiction. (b) To reenter and take possession of the Subleased Premises, expel Subtenant and remove the effects of Subtenant, in compliance with applicable laws, without being liable for prosecution, and without prejudice to any remedies for arrears of Monthly Rent or other amounts payable under this Sublease. In such case, Sublandlord may, without being obligated to and without terminating the Sublease, relet the Subleased Premises for the account of Subtenant on such conditions and terms as Sublandlord may determine, in its sole discretion, and Sublandlord may collect and receive the rent. Subtenant will pay to Sublandlord Monthly Rent and other sums as provided in this Sublease that would be payable under this Sublease if such repossession had not occurred, less the net proceeds, if any, of any reletting of the Subleased Premises after deducting all of Sublandlord’s reasonable expenses in connection with suc...
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Sublandlord’s Remedies. Sublandlord shall have the remedies set forth in the Master Lease as if Sublandlord is Master Landlord. These remedies are not exclusive; they are cumulative and in addition to any remedies now or later allowed by law.
Sublandlord’s Remedies. In the event of a breach or threatened breach by Subtenant of any of the covenants, agreements, terms or conditions which are contained herein or in the Prime Lease herein, Sublandlord, in addition to or, at its option, in lieu of, any or all other remedies provided for herein or in the Prime Lease, shall be entitled to enjoin such breach or threatened breach.
Sublandlord’s Remedies. Sublandlord shall have, on account of any Default by Subtenant, all of the rights and remedies set forth in the Master Lease as if Sublandlord is Master Landlord. These remedies are not exclusive; they are cumulative and in addition to any remedies now or later allowed by law. Subtenant hereby expressly waives any and all rights of redemption to which it may be entitled by or under any present or future laws in the event Sublandlord or Master Landlord shall obtain a judgment for possession of the Subleased Space.
Sublandlord’s Remedies. Upon the occurrence of an Event of Default, and at the sole option of Sublandlord, Sublandlord may exercise any or all of the rights and remedies contained in Sections 13.2 and 13.4 of the Lease with respect to a Default under the Lease, with all references to “Lessor” in such sections being deemed references to Sublandlord, with all references to “Lessee” in such sections being deemed references to Subtenant, and with all references to the “Premises” in such sections being deemed references to the Sublet Premises.
Sublandlord’s Remedies. Sublandlord’s rights and remedies shall be subject to the same notice and cure periods as are applicable under the Prime Lease, except that, where necessary to prevent a default by Sublandlord under the Prime Lease, Subtenant shall have no greater time period to cure a breach under the Sublease than the last day available to cure a breach under the Prime Lease. Notwithstanding the foregoing, in the event Sublandlord determines in its sole discretion that Subtenant will not or cannot cure a default under the Prime Lease caused by Subtenant, Sublandlord may, but is not obligated to, cure such default, after which, Subtenant shall reimburse and make whole Sublandlord for all costs and expenses (including reasonable attorney’s’ fees) incurred by Sublandlord in connection therewith within five (5) business days after written demand for reimbursement is made. In the event Subtenant shall be in default hereunder (or under the Prime Lease by extension of this Sublease), Sublandlord shall have all rights and remedies of the Prime Landlord under the Prime Lease against Subtenant concerning remedies for default, in addition to all other rights and remedies at law or in equity.
Sublandlord’s Remedies. If there shall occur an Event of Default, Sublandlord shall have and may exercise all remedies available to Landlord under the Prime Lease and all remedies otherwise available to Sublandlord at law or in equity or under any statute or ordinance. Without limitation of the foregoing, Sublandlord may at its option:
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Sublandlord’s Remedies. Sublandlord shall have the remedies set forth in the Original Lease Article 18 as if Sublandlord is Master Landlord, provided that in no event shall Subtenant be required to repay any portion of the abated Base Rent applied as part of the Base Rent Abatement Period.
Sublandlord’s Remedies. If any Event of Default occurs, then ---------------------- Sublandlord shall have the right, at its election: (a) To terminate this Sublease, in which case Subtenant's right to possession of the Subleased Premises will cease and this Sublease will be terminated as if the expiration of the term fixed in such notice were the end of the Term. If this Sublease is terminated, Sublandlord will be entitled to recover from Subtenant (1) the unpaid rent that had been earned at the time of termination; (2) the present value of (calculated using the then current "prime rate" or "base rate" of interest provided by BankBoston, N.A. or a comparable alternative) the amount by which the unpaid rent that would have been earned after termination until the time of award exceeds the amount of the rent loss that Subtenant proves could reasonably have been avoided; (3) the present value of (calculated using the then current "prime rate" or "base rate" of interest provided by BankBoston, N.A. or a comparable alternative) the amount by which the unpaid rent for the balance of the term of this Sublease after the time of award exceeds the amount of the rent loss that Subtenant proves could reasonably be avoided; and
Sublandlord’s Remedies. If there shall occur an Event of Default, Sublandlord shall have and may exercise all remedies available to Sublandlord at law or in equity or under any statute or ordinance. Without limitation of the foregoing, Sublandlord may at its option take all or any of the following actions: (a) Acceleration of Rent. Declare due and payable and xxx for and recover, all unpaid Rent for the unexpired period of the Term as if by the terms of this Sublease the same were payable in advance, or xxx for Rent monthly as it accrues;
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