Common use of Survival of Tenant's Obligations Clause in Contracts

Survival of Tenant's Obligations. (a) Landlord's exercise of its remedies following an Event of Default shall not relieve Tenant of its liabilities and obligations under this Lease Agreement. In that event, whether or not the Demised Premises, or any portion thereof, shall have been relet, Tenant shall be liable to Landlord for, and shall pay to Landlord, as and for liquidated and agreed current damages for Tenant's default: (i) The equivalent of the amount of the Rent and any other charges which would be payable by Tenant under this Lease Agreement, less (ii) The net proceeds of any reletting effected pursuant to the provisions of Section 14.3 hereof after deducting all of Landlord's actual and reasonable expenses in connection with such reletting, including, without limitation, all repossession costs, brokerage commissions, legal expenses, reasonable attorneys' fees, alteration costs, and expenses of preparation of the Demised Premises, or any portion thereof, for such reletting. (b) Tenant shall pay such current damages in the amount determined in accordance with the terms of this Section, as set forth in a written statement thereof from Landlord to Tenant (hereinafter called the "Deficiency"), to Landlord in monthly installments on the days on which the Rent and other charges payable by Tenant would have been payable under this Lease Agreement if this Lease Agreement were still in effect, and Landlord shall be entitled to recover from Tenant each monthly installment of the Deficiency as the same shall arise.

Survival of Tenant's Obligations. (a) Landlord's exercise No such termination of its remedies following an Event of Default this Lease shall not relieve Tenant of its liabilities and obligations under this Lease Agreement(as if this Lease had not been so terminated), and such liabilities and obligations shall survive any such termination. In that eventthe event of any such termination, whether or not the Demised Premises, or any portion thereof, shall have been relet, Tenant shall pay to Landlord a sum equal to the Basic Rent, and the Additional Rent and any other charges required to be paid by Tenant, up to the time of such termination of this Lease, and thereafter Tenant, until the end of what would have been the term of this Lease in the absence of such termination, shall be liable to Landlord for, and shall pay to Landlord, as and for liquidated and agreed current damages for Tenant's default: (ia) The equivalent of the amount of the Basic Rent and any other charges Additional Rent which would be payable by Tenant under this Lease Agreementby Tenant if this Lease were still in effect, less (iib) The net proceeds of any reletting effected pursuant to the provisions of Section 14.3 12.3 hereof after deducting all of Landlord's actual and reasonable expenses in connection with such reletting, including, without limitation, all repossession costs, brokerage commissions, legal expenses, reasonable attorneys' attorney's fees, alteration costs, and expenses of preparation of the Demised Premises, or any portion thereof, for such reletting. (b) . Tenant shall pay such current damages in the amount determined in accordance with the terms of this SectionSection 12.4, as set forth in a written statement thereof from Landlord to Tenant (hereinafter called the "Deficiency"), to Landlord in monthly installments on the days on which the Basic Rent and other charges payable by Tenant would have been payable under this Lease Agreement if this Lease Agreement were still in effect, and Landlord shall be entitled to recover from Tenant each monthly installment of the Deficiency as the same shall arise.

Survival of Tenant's Obligations. In case of any such default, re-entry, expiration and/or dispossession by summary proceedings or otherwise: (a) all Base Rent and Additional Rent due to the date of the Landlord's exercise recovery of its remedies following an Event possession of Default shall not relieve Tenant of its liabilities and obligations under this Lease Agreement. In that event, whether or not the Demised Premises, or any portion thereof, shall have been relet, Tenant Premises shall be liable to Landlord forpaid by the Tenant, and shall pay to Landlord, as and for liquidated and agreed current damages for Tenant's default: (i) The equivalent of the amount of the Rent and any other charges which would be payable by Tenant under this Lease Agreement, less (ii) The net proceeds of any reletting effected pursuant to the provisions of Section 14.3 hereof after deducting all of Landlord's actual and reasonable expenses in connection together with such reletting, including, without limitation, all repossession costs, brokerage commissions, expenses as the Landlord may incur for legal expenses, reasonable attorneys' fees, alteration costs, and expenses of preparation of brokerage and/or putting the Demised PremisesPremises in good order, or any portion thereof, for such reletting. preparing the same for re-rental; (b) the Landlord may re-let the Premises or any part or parts thereof, either in the name of the Landlord or otherwise, for a term or terms which at the Landlord's option may be less than or exceed the period which otherwise would have constituted the balance of the term of this Lease excluding further extensions, and may grant concessions or free rent; and (c) the Tenant or the legal representatives of the Tenant shall also pay such current the Landlord, as damages in for the amount determined in accordance with failure of the terms Tenant to observe and perform the Tenant's covenants herein contained, any deficiency between the Base Rent and Additional Rent hereby reserved and/or covenanted to be paid, and the net amount, if any, of the rents collected or to be collected on account of the lease or leases of the Premises for each month of the period which otherwise would have constituted the balance of the term of this Section, as set forth in a written statement thereof from Landlord to Tenant (hereinafter called the "Deficiency"), to Landlord Lease excluding further extensions. Any such damages shall be paid in monthly installments by the Tenant on the days on which last day of each month and no suit brought to collect the Rent amount of the deficiency for any month or months shall prejudice in any way the rights of the Landlord to collect the deficiency for any subsequent month or months by a similar proceeding. The Landlord, at the Landlord's option, may make such alterations, repairs, and other charges payable by replacements in the Premises as the Landlord in the Landlord's reasonable judgment considers advisable and necessary for the purpose of re-letting the Premises; and the making of such alterations and/or decorations shall not operate or be construed to release the Tenant would have been payable under from liability hereunder as aforesaid. Mention in this Lease Agreement if this Lease Agreement were still of any particular remedy shall not preclude the Landlord from any other remedy, in effect, law or in equity. The foregoing remedies and Landlord shall be entitled to recover from Tenant each monthly installment rights of the Deficiency as the same shall ariseLandlord are cumulative.

Survival of Tenant's Obligations. (a) Landlord's exercise No such expiration or termination of its remedies following an Event of Default this Lease Agreement shall not relieve Tenant of its liabilities and obligations under this Lease AgreementAgreement (as if this Lease Agreement had not been so terminated or expired), and such liabilities and obligations shall survive any such expiration or termination. In that eventthe event of any such expiration or termination, whether or not the Demised Premises, or any portion thereof, shall have been relet, Tenant shall pay to Landlord a sum equal to the Basic Rent, and the Additional Rent and any other charges required to be paid by Tenant, up to the time of such expiration or termination of this Lease Agreement, and thereafter Tenant, until the end of what would have been the term of this Lease Agreement in the absence of such expiration or termination, shall be liable to Landlord for, and shall pay to Landlord, as and for liquidated and agreed current damages for Tenant's default: (ia) The equivalent of the amount of the Basic Rent and any other charges Additional Rent which would be payable by Tenant under this Lease AgreementAgreement by Tenant if this Lease Agreement were still in effect, less (iib) The net proceeds of any reletting effected pursuant to the provisions of Section 14.3 12.3 hereof after deducting all of Landlord's actual and reasonable expenses in connection with such reletting, including, without limitation, all repossession costs, brokerage commissions, legal expenses, reasonable attorneys' fees, alteration costs, and expenses of preparation of the Demised Premises, or any portion thereof, for such reletting. (b) . Tenant shall pay such current damages in the amount determined in accordance with the terms of this SectionSection 12.4, as set forth in a written statement thereof from Landlord to Tenant (hereinafter called the "Deficiency"), to Landlord in monthly installments on the days on which the Basic Rent and other charges payable by Tenant would have been payable under this Lease Agreement if this Lease Agreement were still in effect, and Landlord shall be entitled to recover from Tenant each monthly installment of the Deficiency as the same shall arise.

Survival of Tenant's Obligations. (a) Landlord's ’s exercise of its remedies following an Event of Default shall not relieve Tenant of its liabilities and obligations under this Lease Agreement. In that event, whether or not the Demised Premises, or any portion thereof, shall have been relet, Tenant shall be liable to Landlord for, and shall pay to Landlord, as and for liquidated and agreed current damages for Tenant's ’s default: (i) The equivalent of the amount of the Rent and any other charges which would be payable by Tenant under this Lease Agreement, less (ii) The net proceeds of any reletting effected pursuant to the provisions of Section 14.3 hereof after deducting all of Landlord's ’s actual and reasonable expenses in connection with such reletting, including, without limitation, all repossession costs, brokerage commissions, legal expenses, reasonable attorneys' ’ fees, alteration costs, and expenses of preparation of the Demised Premises, or any portion thereof, for such reletting. (b) Tenant shall pay such current damages in the amount determined in accordance with the terms of this Section, as set forth in a written statement thereof from Landlord to Tenant (hereinafter called the "“Deficiency"”), to Landlord in monthly installments on the days on which the Rent and other charges payable by Tenant would have been payable under this Lease Agreement if this Lease Agreement were still in effect, and Landlord shall be entitled to recover from Tenant each monthly installment of the Deficiency as the same shall arise.