TERMINATION AND RE-ENTRY. Default in any of the covenants of this lease by the Lessee shall entitle Lessor to terminate the tenancy and re-take possession of the premises as provided by law. Lessee further acknowledges that Lessor will incur certain expenses and damages in connection with retaking possession and re-leasing the premises in the event of Lessee's default. In such event, Lessee shall be responsible for all lost rent until and after the premises are re-leased and shall further be responsible for liquidated damages for re-leasing, showing, advertising, and preparing the premises for rental, which amount shall equal one-half month's rent.
Appears in 8 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
