Sublessor’s Remedies. Upon the occurrence of an Event of Default, Sublessor may proceed at its option: (i) to keep this Agreement in effect, reserving its right to proceed later for the remaining installments of rent as they become due, and at Sublessor’s option, proceed for specific performance and/or an injunction to enforce specific provisions of this Agreement; or (ii) declare all of the unpaid installments of monthly rent for the remainder of the term at once due and payable, with each monthly rent installment being discounted to present value at the rate of 3% per annum (the “Discount Rate”), whereupon this entire amount shall become and be immediately due and payable, with this Agreement remaining in effect, Subtenant remaining obligated to perform all other obligations this Agreement, and Sublessor reserving the right to collect all additional amounts that become due; (iii) terminate this Agreement by notice to Subtenant, and in that event, this Agreement will terminate on the date designated by Sublessor in its termination notice, and Subtenant will remain liable as provided below; and/or (iv) enforce any or all other rights or remedies provided in this Agreement or permitted by law. All rights and remedies of Sublessor under this Agreement shall be cumulative, and none shall exclude any other right or remedy allowed by this Agreement or by law. If Sublessor elects option (iii) and terminates this Agreement, then Sublessor may release the Subleased Premises for such price and on such terms as may be immediately obtainable, and Subtenant will be and remain liable, not only for all rent due and other obligations incurred up to the termination date of this Lease and for all damages that accrue until Subtenant vacates or is removed from the Subleased Premises, but also for stipulated or liquidated damages for its nonperformance equal to the sum of (a) all expenses that Sublessor incurs in re-entering and re-possessing the Subleased Premises, putting the Subleased Premises in proper repair, curing Subtenant’s defaults, removing improvements and Subtenant’s property and reletting the Subleased Premises, including reasonable attorney’s fees and disbursements, actual sheriff’s fees, and market-rate brokerage fees incurred in this re-leasing, plus the amount by which the aggregate of all monthly rent that Sublessor was to have received under this Agreement from the date on which Subtenant vacated or was removed from the Subleased Premises to the term expiration, exceeds the fai...
Sublessor’s Remedies. Sublessor shall have the remedies set forth in the Master Lease as if Sublessor is Master Lessor. These remedies are not exclusive; they are cumulative and in addition to any remedies now or later allowed by law.
Sublessor’s Remedies. With respect to any Event of Default, (notwithstanding any waiver, license or indulgence granted by Sublessor with respect to the same or any other default in any former instance), Sublessor shall have the right, then or at any time thereafter that said default remains uncured, at its sole election:
(a) to terminate this Lease by written notice to Sublessee, which termination shall take effect on the date of delivery of said notice or on any later date (on or prior to the expiration of the then-current portion of the Term) specified in Sublessor’s termination notice; or
(b) to enter upon and take possession of the Premises pursuant to judicial process. Sublessor’s repossession of the Premises under this Article shall not be construed to effect a termination of this Lease, unless Sublessor sends Sublessee a written notice of termination as required hereunder.
Sublessor’s Remedies. None of the provisions contained in this Sublease shall limit Sublessor’s ability to take any and all legal and equitable remedies available to Sublessor under Ohio law for non-payment or late payment of rent, or any other default or violation of this Sublease. Without limiting the foregoing, Sublessor may, without terminating this Sublease and relieving Sublessees of obligations hereunder, dispossess Sublessees or any one of them for violation of the terms hereof.
Sublessor’s Remedies. In the event Sublessee shall breach any provision of this Sublease, Sublessor shall have all rights and remedies as against Sublessee as are available to Landlord under the Lease upon the occurrence of an Event of Default thereunder.
Sublessor’s Remedies. If Sub lessee breaches or is in default under this Sublease, Sublessor, in addition to any other remedies given Sublessor by law or equity, may:
Sublessor’s Remedies. If an Event of Default occurs, Sublessor shall be entitled to exercise against Sublessee all of the rights and remedies afforded to Landlord under the Lease with respect to breaches of the Lease by Sublessor, and Sublessee shall indemnify, defend and hold Sublessor harmless from all damages resulting from such Event of Default and shall reimburse Sublessor for all sums incurred by Sublessor in fulfilling Sublessee’s obligations, together with interest on those sums at ten percent (10%) per annum.
Sublessor’s Remedies. In the event of any default by Sublessee which shall not be cured within ten (10) days following written notice from Sublessor to Sublessee of any monetary default or thirty (30) days following written notice from Sublessor to Sublessee specifying the non-monetary event of default (unless a non-monetary default cannot reasonably be cured within thirty (30) days and Sublessee shall have commenced steps to cure said default within said thirty (30) day period and continues to pursue such steps to cure diligently), Sublessor shall have the option to:
(I) Terminate this Sublease and to re-enter upon the Premises and take possession thereof, with full rights to collect all rents then due, together with any and all other sums as may be due hereunder and any and all reasonable costs and damages which Sublessor may sustain by virtue of such re-entry, including but not limited to reasonable attorneys' fees and court costs; and (II) Institute Rent Distress Warrant and Sale proceedings in accordance with applicable South Carolina. Law.
Sublessor’s Remedies. If this Sublease shall be terminated or if Sublessor shall be entitled to re-enter the Demised Premises and dispossess or remove Sublessee under the provisions of Article XI, the Sublessor, or Sublessor's agents or servants, may immediately or at any time thereafter re-enter the Demised Premises and remove therefrom the Sublessee, its agents, employees, servants, licensees, and any subtenants and other persons, firms or corporations, and all or any of its or their property therefrom, either by summary dispossess proceedings or by any suitable action or proceeding at law or otherwise, without being liable to indictment, prosecution or damages therefor, and repossess and enjoy said premises together with all additions, alterations and improvements thereto.
Sublessor’s Remedies. In the event of any default on the part of Sublessee under any of the terms, provisions, covenants or agreements of the Master Lease or of this Sublease and Sublessee's failure to cure any such default within the applicable notice and cure period as stated in the Master Lease or this Sublease, Sublessor shall have the same rights and remedies against Sublessee under this Sublease as are available to the Overlandlord against Sublessor under the provisions of the Master Lease including, but not limited to, those under Paragraph XIV of the Master Lease.
