Common use of SUBLETTING OF THE PROPERTY Clause in Contracts

SUBLETTING OF THE PROPERTY. In addition to the other rights and remedies set forth herein, Agent Lessor shall have the right to continue this Lease in effect and, as permitted by Section 1951.4 of the California Civil Code, to enforce, by suit or otherwise, all covenants and conditions hereof to be performed or complied with by Xxxxxx and exercise all of Agent Xxxxxx's rights and remedies under this Lease, including, without limitation, the right to recover Capitalized Interest, Basic Rent and Supplemental Rent from Lessee as it becomes due under this Lease, even though Lessee shall have breached this Lease and abandoned the Property. Acts of maintenance or preservation, or efforts by Agent Lessor or on Agent Xxxxxx's behalf to relet the Property, or the appointment of a receiver upon the initiative of Agent Lessor to protect Agent Xxxxxx's interest under this Lease shall not constitute a termination of Xxxxxx's right to possession of the Property; provided, however, that the foregoing enumeration shall not be construed as in any way limiting the actions Agent Lessor may take without terminating Xxxxxx's right to possession. In furtherance of the rights hereby granted to Agent Lessor, and to the extent, permitted by law, Lessee hereby appoints Agent Lessor its agent and attorney-in-fact, which appointment shall be deemed to be coupled with an interest and is irrevocable, with power of substitution, to enter the Property upon a Lease Event of Default hereunder and remove therefrom all persons and property (with the right to store such property on the Property in a public warehouse or elsewhere at the cost and risk and for the account of Lessee) and to alter the Property in such manner as Agent Lessor may deem necessary or advisable so as to put the Property in good order and to make the same rentable and from time to time sublet the Property or any part thereof for such term or terms whether or not extending beyond the then current term of this Lease (but such sublease may provide for a new and successive lease to commence immediately upon the termination of this Lease), at such rentals and upon such other terms as Agent Lessor in its sole discretion may deem advisable, and with the right to make alterations and repairs to the Property; and Xxxxxx agrees to pay to Agent Xxxxxx on demand all reasonable expenses incurred by Agent Xxxxxx in such subletting, and in altering, repairing and putting the Property in good order and condition, and in reletting the same, including fees of attorneys and architects, and all other reasonable expenses or commissions. Agent Lessor shall be Xxxxxx's agent and representative on the Property in respect of all matters arising under or in connection with any such sublease made for Lessee by Agent Xxxxxx. Under each such sublease, Lessee shall retain the right to enter upon and use the Property, subject to the terms and conditions of such sublease and the rights of the sublessee thereunder. Xxxxxx further agrees to pay to Agent Xxxxxx, following the date of such subletting, to and including the date provided in this Lease for the expiration of the Lease Term, the sums of money which would have been payable by Lessee as Basic Rent and Supplemental Rent, deducting only the net amount of rent, if any, which Agent Lessor shall actually receive (after deducting from the gross receipts the expenses, costs and payments of Agent Lessor which in accordance with the terms of this Lease would have been borne by Xxxxxx) in the meantime from and by any such subletting of the Property, and Xxxxxx hereby agrees to remain liable for all sums otherwise payable by Lessee under this Lease, including, but not limited to, the expenses of Agent Lessor aforesaid, as well as for any deficiency aforesaid. Agent Lessor shall have the right from time to time to begin and maintain successive actions or other legal proceedings against Lessee for the recovery of such deficiency, expenses or damages or for a sum equal to any installments of Basic Rent or Supplemental Rent and other sums payable hereunder, and to recover the same upon the liability of Lessee herein provided, which liability it is expressly covenanted shall survive the commencement or determination of any action to secure possession of the Property. Nothing herein contained shall be deemed to require Agent Lessor to wait to begin such action or other legal proceedings until the date when this Lease would have expired by limitation had there been no such Lease Event of Default. Notwithstanding any such subletting without termination, pursuant to the terms hereof, Agent Lessor shall retain the right to and may at any time thereafter elect to terminate this Lease or Xxxxxx's right to possession of the Property for any previous breach which remains uncured or for any subsequent breach by giving Xxxxxx written notice thereof as herein provided, and in such event Lessee shall forfeit any rights or interest under any such sublease and thereafter the obligations of any such sublessee shall run directly to Agent Lessor for its own account. Upon application by Agent Xxxxxx, a receiver may be appointed to take possession of the Property, exercise all rights granted to Agent Xxxxxx as agent and attorney-in-fact for Lessee set forth in this Section 17.3(e) and apply any rentals collected from the Property as hereinabove provided. No taking of possession of the Property or other act by Agent Xxxxxx as the agent and attorney-in-fact for Lessee pursuant to the foregoing provisions, nor any subletting by Agent Lessor for Lessee pursuant to the foregoing provisions, nor any such appointment of a receiver shall constitute or be construed as an election by Agent Lessor to terminate this Lease or Xxxxxx's right to possession of the Property unless a written notice of such intention be given to Lessee.

SUBLETTING OF THE PROPERTY. In addition to the other rights and remedies set forth herein, Agent Lessor shall have the right to continue this Lease in effect and, as permitted by Section 1951.4 of the California Civil Code, to enforce, by suit or otherwise, all covenants and conditions hereof to be performed or complied with by Xxxxxx Lessee and exercise all of Agent XxxxxxLessor's rights and remedies under this Lease, including, without limitation, the right to recover Capitalized Interest, Basic Rent and Supplemental Rent from Lessee as it becomes due under this Lease, even though Lessee shall have breached this Lease and abandoned the Property. Acts of maintenance or preservation, or efforts by Agent Lessor or on Agent XxxxxxLessor's behalf to relet the Property, or the appointment of a receiver upon the initiative of Agent Lessor to protect Agent XxxxxxLessor's interest under this Lease shall not constitute a termination of XxxxxxLessee's right to possession of the Property; provided, however, that the foregoing enumeration shall not be construed as in any way limiting the actions Agent Lessor may take without terminating XxxxxxLessee's right to possession. In furtherance of the rights hereby granted to Agent Lessor, and to the extent, permitted by law, Lessee hereby appoints Agent Lessor its agent and attorney-in-fact, which appointment shall be deemed to be coupled with an interest and is irrevocable, with power of substitution, to enter the Property upon a Lease Event of Default hereunder and remove therefrom all persons and property (with the right to store such property on the Property in a public warehouse or elsewhere at the cost and risk and for the account of Lessee) and to alter the Property in such manner as Agent Lessor may deem necessary or advisable so as to put the Property in good order and to make the same rentable and from time to time sublet the Property or any part thereof for such term or terms whether or not extending beyond the then current term of this Lease (but such sublease may provide for a new and successive lease to commence immediately upon the termination of this Lease), at such rentals and upon such other terms as Agent Lessor in its sole discretion may deem advisable, and with the right to make alterations and repairs to the Property; and Xxxxxx Lessee agrees to pay to Agent Xxxxxx Lessor on demand all reasonable expenses incurred by Agent Xxxxxx Lessor in such subletting, and in altering, repairing and putting the Property in good order and condition, and in reletting the same, including fees of attorneys and architects, and all other reasonable expenses or commissions. Agent Lessor shall be XxxxxxLessee's agent and representative on the Property in respect of all matters arising under or in connection with any such sublease made for Lessee by Agent XxxxxxLessor. Under each such sublease, Lessee shall retain the right to enter upon and use the Property, subject to the terms and conditions of such sublease and the rights of the sublessee thereunder. Xxxxxx Lessee further agrees to pay to Agent XxxxxxLessor, following the date of such subletting, to and including the date provided in this Lease for the expiration of the Lease Term, the sums of money which would have been payable by Lessee as Basic Rent and Supplemental Rent, deducting only the net amount of rent, if any, which Agent Lessor shall actually receive (after deducting from the gross receipts the expenses, costs and payments of Agent Lessor which in accordance with the terms of this Lease would have been borne by XxxxxxLessee) in the meantime from and by any such subletting of the Property, and Xxxxxx Lessee hereby agrees to remain liable for all sums otherwise payable by Lessee under this Lease, including, but not limited to, the expenses of Agent Lessor aforesaid, as well as for any deficiency aforesaid. Agent Lessor shall have the right from time to time to begin and maintain successive actions or other legal proceedings against Lessee for the recovery of such deficiency, expenses or damages or for a sum equal to any installments of Basic Rent or Supplemental Rent and other sums payable hereunder, and to recover the same upon the liability of Lessee herein provided, which liability it is expressly covenanted shall survive the commencement or determination of any action to secure possession of the Property. Nothing herein contained shall be deemed to require Agent Lessor to wait to begin such action or other legal proceedings until the date when this Lease would have expired by limitation had there been no such Lease Event of Default. Notwithstanding any such subletting without termination, pursuant to the terms hereof, Agent Lessor shall retain the right to and may at any time thereafter elect to terminate this Lease or XxxxxxLessee's right to possession of the Property for any previous breach which remains uncured or for any subsequent breach by giving Xxxxxx Lessee written notice thereof as herein provided, and in such event Lessee shall forfeit any rights or interest under any such sublease and thereafter the obligations of any such sublessee shall run directly to Agent Lessor for its own account. Upon application by Agent XxxxxxLessor, a receiver may be appointed to take possession of the Property, exercise all rights granted to Agent Xxxxxx Lessor as agent and attorney-in-fact for Lessee set forth in this Section 17.3(e) and apply any rentals collected from the Property as hereinabove provided. No taking of possession of the Property or other act by Agent Xxxxxx Lessor as the agent and attorney-in-fact for Lessee pursuant to the foregoing provisions, nor any subletting by Agent Lessor for Lessee pursuant to the foregoing provisions, nor any such appointment of a receiver shall constitute or be construed as an election by Agent Lessor to terminate this Lease or XxxxxxLessee's right to possession of the Property unless a written notice of such intention be given to Lessee.

SUBLETTING OF THE PROPERTY. In addition to the other rights and remedies set forth herein, Agent Lessor shall have the right to continue this Lease in effect and, as permitted by Section 1951.4 of the California Civil Code, to enforce, by suit or otherwise, all covenants and conditions hereof to be performed or complied with by Xxxxxx Lessee and exercise all of Agent XxxxxxLessor's rights and remedies under this Lease, including, without limitation, the right to recover Capitalized Interest, Basic Rent and Supplemental Rent from Lessee as it becomes due under this Lease, even though Lessee shall have breached this Lease and abandoned the Property. Acts of maintenance or preservation, or efforts by Agent Lessor or on Agent XxxxxxLessor's behalf to relet the Property, or the appointment of a receiver upon the initiative of Agent Lessor to protect Agent XxxxxxLessor's interest under this Lease shall not constitute a termination of XxxxxxLessee's right to possession of the Property; provided, however, that the foregoing enumeration shall not be construed as in any way limiting the actions Agent Lessor may take without terminating XxxxxxLessee's right to possession. In furtherance of the rights hereby granted to Agent Lessor, and to the extent, permitted by law, Lessee hereby appoints Agent Lessor its agent and attorney-in-fact, which appointment shall be deemed to be coupled with an interest and is irrevocable, with power of substitution, to enter the Property upon a Lease an Event of Default hereunder and remove therefrom all persons and property (with the right to store such property on the Property in a public warehouse or elsewhere at the cost and risk and for the account of Lessee) and to alter the Property in such manner as Agent Lessor may deem necessary or advisable so as to put the Property in good order and to make the same rentable and from time to time sublet the Property or any part thereof for such term or terms whether or not extending beyond the then current term of this Lease (but such sublease may provide for a new and successive lease to commence immediately upon the termination of this Lease), at such rentals and upon such other terms as Agent Lessor in its sole discretion may deem advisable, and with the right to make alterations and repairs to the Property; and Xxxxxx Lessee agrees to pay to Agent Xxxxxx Lessor on demand all reasonable expenses incurred by Agent Xxxxxx Lessor in such subletting, and in altering, repairing and putting the Property in good order and condition, and in reletting the same, including fees of attorneys and architects, and all other reasonable expenses or commissions. Agent Lessor shall be XxxxxxLessee's agent and representative on the Property in respect of all matters arising under or in connection with any such sublease made for Lessee by Agent XxxxxxLessor. Under each such sublease, Lessee shall retain the right to enter upon and use the Property, subject to the terms and conditions of such sublease and the rights of the sublessee thereunder. Xxxxxx Lessee further agrees to pay to Agent XxxxxxLessor, following the date of such subletting, to and including the date provided in this Lease for the expiration of the Lease Term, the sums of money which would have been payable by Lessee as Basic Rent and Supplemental Rent, deducting only the net amount of rent, if any, which Agent Lessor shall actually receive (after deducting from the gross receipts the expenses, costs and payments of Agent Lessor which in accordance with the terms of this Lease would have been borne by XxxxxxLessee) in the meantime from and by any such subletting of the Property, and Xxxxxx Lessee hereby agrees to remain liable for all sums otherwise payable by Lessee under this Lease, including, but not limited to, the expenses of Agent Lessor aforesaid, as well as for any deficiency aforesaid. Agent Lessor shall have the right from time to time to begin and maintain successive actions or other legal proceedings against Lessee for the recovery of such deficiency, expenses or damages or for a sum equal to any installments of Basic Rent or Supplemental Rent and other sums payable hereunder, and to recover the same upon the liability of Lessee herein provided, which liability it is expressly covenanted shall survive the commencement or determination of any action to secure possession of the Property. Nothing herein contained shall be deemed to require Agent Lessor to wait to begin such action or other legal proceedings until the date when this Lease would have expired by limitation had there been no such Lease Event of Default. Notwithstanding any such subletting without termination, pursuant to the terms hereof, Agent Lessor shall retain the right to and may at any time thereafter elect to terminate this Lease or XxxxxxLessee's right to possession of the Property for any previous breach which remains uncured or for any subsequent breach by giving Xxxxxx Lessee written notice thereof as herein provided, and in such event Lessee shall forfeit any rights or interest under any such sublease and thereafter the obligations of any such sublessee shall run directly to Agent Lessor for its own account. Upon application by Agent XxxxxxLessor, a receiver may be appointed to take possession of the Property, exercise all rights granted to Agent Xxxxxx Lessor as agent and attorney-in-fact for Lessee set forth in this Section 17.3(e) and apply any rentals collected from the Property as hereinabove provided. No taking of possession of the Property or other act by Agent Xxxxxx Lessor as the agent and attorney-in-fact for Lessee pursuant to the foregoing provisions, nor any subletting by Agent Lessor for Lessee pursuant to the foregoing provisions, nor any such appointment of a receiver shall constitute or be construed as an election by Agent Lessor to terminate this Lease or XxxxxxLessee's right to possession of the Property unless a written notice of such intention be given to Lessee.

SUBLETTING OF THE PROPERTY. In addition to the other rights and remedies set forth herein, Agent Lessor shall have the right to continue this Lease in effect and, as permitted by Section 1951.4 of the California Civil Code, to enforce, by suit or otherwise, all covenants and conditions hereof to be performed or complied with by Xxxxxx Lessee and exercise all of Agent XxxxxxLessor's rights and remedies under this Lease, including, without limitation, the right to recover Capitalized Interest, Basic Rent and Supplemental Rent from Lessee as it becomes due under this Lease, even though Lessee shall have breached this Lease and abandoned the Property. Acts of maintenance or preservation, or efforts by Agent Lessor or on Agent XxxxxxLessor's behalf to relet the Property, or the appointment of a receiver upon the initiative of Agent Lessor to protect Agent XxxxxxLessor's interest under this Lease shall not constitute a termination of XxxxxxLessee's right to possession of the Property; provided, however, that the foregoing enumeration shall not be construed as in any way limiting the actions Agent Lessor may take without terminating XxxxxxLessee's right to possession. In furtherance of the rights hereby granted to Agent Lessor, and to the extent, permitted by law, Lessee hereby appoints Agent Lessor its agent and attorney-in-fact, which appointment shall be deemed to be coupled with an interest and is irrevocable, with power of substitution, to enter the Property upon a Lease an Event of Default hereunder and remove therefrom all persons and property (with the right to store such property on the Property in a public warehouse or elsewhere at the cost and risk and for the account of Lessee) and to alter the Property in such manner as Agent Lessor may deem necessary or advisable so as to put the Property in good order and to make the same rentable and from time to time sublet the Property or any part thereof for such term or terms whether or not extending beyond the then current term of this Lease (but such sublease may provide for a new and successive lease to commence immediately upon the termination of this Lease), at such rentals and upon such other terms as Agent Lessor in its sole discretion may deem advisable, and with the right to make alterations and repairs to the Property; and Xxxxxx agrees to pay to Agent Xxxxxx on demand all reasonable expenses incurred by Agent Xxxxxx in such subletting, and in altering, repairing and putting the Property in good order and condition, and in reletting the same, including fees of attorneys and architects, and all other reasonable expenses or commissions. Agent Lessor shall be Xxxxxx's agent and representative on the Property in respect of all matters arising under or in connection with any such sublease made for Lessee by Agent Xxxxxx. Under each such sublease, Lessee shall retain the right to enter upon and use the Property, subject to the terms and conditions of such sublease and the rights of the sublessee thereunder. Xxxxxx further agrees to pay to Agent Xxxxxx, following the date of such subletting, to and including the date provided in this Lease for the expiration of the Lease Term, the sums of money which would have been payable by Lessee as Basic Rent and Supplemental Rent, deducting only the net amount of rent, if any, which Agent Lessor shall actually receive (after deducting from the gross receipts the expenses, costs and payments of Agent Lessor which in accordance with the terms of this Lease would have been borne by Xxxxxx) in the meantime from and by any such subletting of the Property, and Xxxxxx hereby agrees to remain liable for all sums otherwise payable by Lessee under this Lease, including, but not limited to, the expenses of Agent Lessor aforesaid, as well as for any deficiency aforesaid. Agent Lessor shall have the right from time to time to begin and maintain successive actions or other legal proceedings against Lessee for the recovery of such deficiency, expenses or damages or for a sum equal to any installments of Basic Rent or Supplemental Rent and other sums payable hereunder, and to recover the same upon the liability of Lessee herein provided, which liability it is expressly covenanted shall survive the commencement or determination of any action to secure possession of the Property. Nothing herein contained shall be deemed to require Agent Lessor to wait to begin such action or other legal proceedings until the date when this Lease would have expired by limitation had there been no such Lease Event of Default. Notwithstanding any such subletting without termination, pursuant to the terms hereof, Agent Lessor shall retain the right to and may at any time thereafter elect to terminate this Lease or Xxxxxx's right to possession of the Property for any previous breach which remains uncured or for any subsequent breach by giving Xxxxxx written notice thereof as herein provided, and in such event Lessee shall forfeit any rights or interest under any such sublease and thereafter the obligations of any such sublessee shall run directly to Agent Lessor for its own account. Upon application by Agent Xxxxxx, a receiver may be appointed to take possession of the Property, exercise all rights granted to Agent Xxxxxx as agent and attorney-in-fact for Lessee set forth in this Section 17.3(e) and apply any rentals collected from the Property as hereinabove provided. No taking of possession of the Property or other act by Agent Xxxxxx as the agent and attorney-in-fact for Lessee pursuant to the foregoing provisions, nor any subletting by Agent Lessor for Lessee pursuant to the foregoing provisions, nor any such appointment of a receiver shall constitute or be construed as an election by Agent Lessor to terminate this Lease or Xxxxxx's right to possession of the Property unless a written notice of such intention be given to Lessee.the