Reletting Costs definition
Examples of Reletting Costs in a sentence
Any and all of the Reletting Costs shall be fully chargeable to Tenant and shall not be prorated or otherwise amortized in relation to any new lease for the Premises or any portion thereof.
All Reletting Costs shall be fully chargeable to Tenant and shall not be prorated or otherwise amortized in relation to any new lease for the Premises or any portion thereof.
Alternatively, at the option of Landlord, in the event this Lease is so terminated, Landlord shall be entitled to recover forthwith against Tenant, as liquidated damages and not as a penalty, the then value of the Aggregate Gross Rent and Reletting Costs less the aggregate rental value of the Premises for what otherwise would have been the unexpired balance of the Term.
Provided the additional amount for Catastrophe cover is not totally used for a claim, We will also increase the total amount We will pay under Additional Benefit Loss of Rent, Temporary Accommodation and Removal Costs by 15% if “Loss Of Rent, Reletting Costs, Temporary Accommodation And Removal Costs” on page 15 is payable.
Upon the occurrence of such re-entry or repossession, the Landlord shall be entitled to the amount of the monthly Rent which would be payable hereunder if such re-entry or repossession had not occurred, less the net proceeds, if any, of any reletting of the Leased Premises after deducting all Reletting Costs and all attorneys’ fees, other costs and expenses incurred in the re-entry, repossession and reletting procedures.