Termination of Lease After Breach. If Lessee breaches this Lease and abandons the Premises before the end of the term, or if its right to possession is terminated by Lessor because of Lessee’s breach of this Lease, then this Lease may be terminated by Lessor at its option. On such termination Lessor may recover from Lessee, in addition to the remedies permitted by law: A. The worth, at the time of the award, of the unpaid Base Monthly Rents and Additional Rents which had been earned at the time of termination; B. The worth, at the time of the award, of the amount by which the unpaid Base Monthly Rents and Additional Rents which would have been earned after termination until the time of award exceeds the amount of such rental loss that Lessee proves could have been reasonably avoided; C. The worth, at the time of the award, of the amount by which the unpaid Base Monthly Rents and Additional Rents for the balance of the Lease Term after the time of award exceeds the amount of such rental loss for such period that Lessee proves could be reasonably avoided; and D. Any other amount necessary to compensate Lessor for all detriment proximately caused by Lessee’s breach of its obligations under this Lease, or which in the ordinary course of events would be likely to result therefrom. The detriment proximately caused by Lessee’s breach will include, without limitation, (i) expenses for cleaning, repairing or restoring the Premises, (ii) expenses for altering, remodeling or otherwise improving the Premises for the purpose of reletting, (iii) brokers’ fees and commissions, advertising costs and other expenses of reletting the Premises, (iv) costs of carrying the Premises such as taxes, insurance premiums, utilities and security precautions, (v) expenses in retaking possession of the Premises, (vi) attorneys’ fees and court costs, (vii) any unearned brokerage commissions paid in connection with this Lease, (viii) parking fees or occupancy taxes due under the Lease, (ix) reimbursement of any previously waived Base Rent, Additional Rent, free rent, or reduced rental rate, and (x) any concession made or paid by Lessor to the benefit of Lessee in consideration of this Lease including, but not limited to, any moving allowances, contributions or payments by Lessor or tenant improvements or build-out allowances, or assumption by Lessor of any of Lessee’s previous lease obligations.
Appears in 1 contract
Samples: Lease Agreement (Iii to I Maritime Partners Cayman I Lp)
Termination of Lease After Breach. If Lessee breaches this Lease and abandons the Premises before the end of the termLease Term, or if its right to possession is terminated by Lessor because of Lessee’s Xxxxxx's breach of this Lease, then this Lease may be terminated by Lessor at its option, exercised by the giving of ten (10) days written notice to Xxxxxx. On such termination termination, Lessor may recover from Lessee, in addition to the remedies any other amounts permitted by law:
A. (a) The worth, at the time of the award, of the unpaid Base Monthly Rents Rent and Additional Rents Rent which had been earned at the time of terminationtermination of this Lease;
B. (b) The worth, at the time of the award, of the amount by which the unpaid Base Monthly Rents Rent and Additional Rents Rent which would have been earned after the date of termination of this Lease until the time of the award exceeds the amount of such rental the loss of rents that Lessee proves could have been reasonably avoided;
C. (c) The worth, at the time of the award, of the amount by which the unpaid Base Monthly Rents Rent and Additional Rents Rent for the balance of the Lease Term after the time of award exceeds the amount of such rental loss for such period that Lessee Xxxxxx proves could be reasonably avoided; and
D. (d) Any other amount amounts necessary to compensate Lessor for all detriment proximately caused by Lessee’s Xxxxxx's breach of its obligations under this Lease, or which in the ordinary course of events would be likely to result therefrom. The detriment proximately caused by Lessee’s Xxxxxx's breach will shall include, without limitation, (i) expenses for cleaning, repairing or restoring the Premises, (ii) expenses for altering, remodeling or otherwise improving the Premises for the purpose of relettingrelleting, (iii) brokers’ ' fees and commissions, advertising costs and other expenses of reletting relleting the Premises, (iv) costs of carrying the Premises such as taxes, insurance premiums, utilities and security precautions, (v) expenses in retaking possession of the Premises, (vi) attorneys’ ' fees and court costs, (vii) any unearned brokerage commissions paid in connection with this the Lease, (viii) parking fees or occupancy taxes due under the Lease, (ix) reimbursement of any previously waived Base Rent, Additional Rent, free rent, or reduced rental rate, and (x) any concession concessions made or paid by Lessor to or for the benefit of Lessee in consideration of this Lease including, but not limited to, any moving allowances, contributions or payments by Lessor or tenant improvements for Tenant Improvements or build-out allowances, free or assumption reduced rent, free or reduced parking, and/or assumptions by Lessor of any of Lessee’s 's previous lease Lease obligations.
Appears in 1 contract
Samples: Lease Agreement (Intest Corp)
Termination of Lease After Breach. If Lessee breaches this Lease and abandons the Premises before the end of the term, or if its right to possession is terminated by Lessor because of Lessee’s Xxxxxx's breach of this Lease, then this Lease may be terminated by Lessor at its option. On such termination Lessor may recover from Lessee, in addition to the remedies permitted by law:
A. The worth, worth at the time of the award, award of the unpaid Base Monthly Rents and Additional Rents rents which had been earned at the time of termination;
B. The worth, worth at the time of the award, award of the amount by which the unpaid Base Monthly Rents and Additional Rents rents which would have been earned after termination until the time of award exceeds the amount of such rental loss that Lessee proves could have been reasonably avoided;
C. The worth, worth at the time of the award, award of the amount by which the unpaid Base Monthly Rents and Additional Rents rents for the balance of the Lease Term after the time of award exceeds the amount of such rental loss for such period that Lessee Xxxxxx proves could be reasonably avoided; and
D. Any other amount necessary to compensate Lessor for all detriment the damage proximately caused by Lessee’s Xxxxxx's breach of its obligations under this Lease, or which in the ordinary course of events would be likely to result therefrom. The detriment damage proximately caused by Lessee’s Xxxxxx's breach will include, without limitation, (i) expenses for cleaning, repairing or restoring the Premises, (ii) expenses for altering, remodeling or otherwise improving the Premises for the purpose of reletting, (iii) brokers’ ' fees and commissions, advertising costs and other expenses of reletting the Premises, (iv) costs of carrying the Premises such as taxes, insurance premiums, utilities and security precautions, (v) expenses in retaking possession of the Premises, (vi) attorneys’ ' fees and court costs, (vii) any unearned brokerage commissions paid in connection with this Lease, Lease and (viii) parking fees or occupancy taxes due under the Lease, (ix) reimbursement of any previously waived Base Rent, Rent or Additional Rent, free rent, or reduced rental rate, and (x) any concession made or paid by Lessor to the benefit of Lessee in consideration of this Lease including, but not limited to, any moving allowances, contributions or payments by Lessor or tenant improvements or build-out allowances, or assumption by Lessor of any of Lessee’s previous lease obligations.
Appears in 1 contract
Samples: Standard Industrial Lease (Copper Mountain Networks Inc)
Termination of Lease After Breach. If Lessee breaches this Lease and abandons the Premises before the end of the termLease Term, or if its right to possession is terminated by Lessor because of Lessee’s 's breach of this Lease, then this Lease may be terminated by Lessor at its option, exercised without further notice to Lessee, beyond that required by Section 22.01. On such termination termination, Lessor may recover from Lessee, in addition to the remedies any other amounts permitted by law:
A. (a) The worth, at the time of the award, of the unpaid Base Monthly Rents Rent and Additional Rents Rent which had been earned at the time of terminationtermination of this Lease;
B. (b) The worth, at the time of the award, of the amount by which the unpaid Base Monthly Rents Rent and Additional Rents Rent which would have been earned after the date of termination of this Lease until the time of the award exceeds the amount of such rental the loss of rents that Lessee proves could have been reasonably avoided;
C. (c) The worth, at the time of the award, of the amount by which the unpaid Base Monthly Rents Rent and Additional Rents Rent for the balance of the Lease Term after the time of award exceeds the amount of such rental loss for such period that Lessee proves could be reasonably avoided; and
D. (d) Any other amount amounts necessary to compensate Lessor for all detriment proximately caused by Lessee’s 's breach of its obligations under this Lease, or which in the ordinary course of events would be likely to result therefrom. The detriment proximately caused by Lessee’s 's breach will shall include, without limitation, (i) expenses for cleaning, repairing or restoring the Premises, (ii) expenses for altering, remodeling or otherwise improving the Premises for the purpose of reletting, (iii) brokers’ ' fees and commissions, advertising costs and other expenses of reletting the Premises, (iv) costs of carrying the Premises such as taxes, insurance premiums, utilities and security precautions, (v) expenses in retaking possession of the Premises, (vi) attorneys’ fees ' fees, legal expenses and court costsrelated costs whether incurred in proceedings to terminate the lease, or incurred by Lessor during insolvency, bankruptcy, or similar proceedings involving Lessee, (vii) any unearned brokerage commissions paid in connection with this the Lease, (viii) parking fees or occupancy taxes due under the Lease, (ix) reimbursement of any previously waived Base Rent, Additional Rent, free rent, or reduced rental rate, and (x) any concession concessions made or paid by Lessor to or for the benefit of Lessee in consideration of this Lease including, but not limited to, any moving allowances, contributions or payments by Lessor or tenant improvements for Tenant Improvements or build-out allowances, free or assumption reduced rent, free or reduced parking, and/or assumptions by Lessor of any of Lessee’s 's previous lease obligations.
Appears in 1 contract
Samples: Standard Industrial Lease (L L Brown International Inc)