Accelerated Rent. In the event of an occurrence of an Event of Default, the current month’s Rent plus the next ensuing six (6) month’s Rent shall immediately become due and payable and, as indicated above, the Landlord may, without prejudice to any other rights and recourses it may have, terminate this Lease and take immediate possession of the Premises and the Term of this Lease will forthwith become forfeited and determined and no payment or acceptance of rental subsequent to such termination will give the Tenant the right to continue occupancy of the Premises or in any way affect the rights of the Landlord herein.
Accelerated Rent. All monthly rent for the remainder of the Lease Term will be accelerated automatically without notice or demand (before or after acceleration) and will be immediately due and delinquent if, without LESSOR’s written consent: (1) LESSEE moves out, removes property preparatory to moving-out, or gives oral or written notice of intent to move out before the Lease Term ends; and (2) LESSEE has not paid all the rent for the entire Lease Term. Such conduct is considered a breach of the lease contract. Remaining rent also will be accelerated if LESSEE is judicially evicted or moved-out on demand of the LESSOR due to LESSEE’s default on his/her obligations.
Accelerated Rent. In any of the events referred to in Section 13.01, in addition to any and all other rights available to the Landlord, the full amount of the current month's instalment of Basic Rent and of all Additional Rent for the current month, together with the next . . . THREE (3) months' instalments of Basic Rent and of all Additional Rent for the next . . . THREE (3) months, all of which shall be deemed to be accruing due on a day-to-day basis, shall immediately become due and payable as accelerated rent, and the Landlord may immediately distrain for the same, together with any arrears then unpaid.
Accelerated Rent. In the event of any Event of Default, the Rent reserved herein for the entire unexpired portion of the Term shall, at Landlord's option, thereupon immediately become due and payable. To the extent permitted by law, Tenant shall be obligated for such accelerated Rent regardless of which, if any, of the other remedies provided either in this Lease or by law the Landlord elects to pursue.
Accelerated Rent. In any of the events referred to in Section 13.01, in addition to any and all other rights available to the Landlord, the full amount of the current month’s installment of Basic Rent and of all Additional Rent for the current month, together with the next three (3) months installments of Basic Rent and of all Additional Rent for the next three (3) months, all of which shall be deemed to be accruing due on a day-to-day basis, shall immediately become due and payable as accelerated rent, and the Landlord may immediately distrain for the same, together with any arrears then unpaid.
Accelerated Rent. Upon the occurrence of a Default, Tenant shall remain liable to Landlord for the following amounts:
Accelerated Rent. Tenant has agreed to enter into that certain Financing Indemnification Letter Agreement with Landlord dated on or about the date hereof in the form attached hereto as Exhibit E (the “Financing Indemnification Letter Agreement”) as a condition of this Amended and Restated Industrial Real Estate Lease. In the event Tenant fails to pay any amount due under the Financing Indemnification Letter Agreement (together with interest thereon at the Default Rate, the “Indemnity Obligation”), the rent reserved herein for the entire unexpired portion of the Term in the amount of the Indemnity Obligation shall, at Landlord’s option, thereupon immediately become due and payable. Tenant shall be obligated for such accelerated rent regardless of which, if any, of the remedies otherwise provided in this Lease or provided by law Landlord elects to pursue. The payment of any accelerated rent on account of the Indemnity Obligation shall not reduce the amount of rent due and payable under this Lease.
Accelerated Rent. In the event of any DEFAULT, the ANNUAL MINIMUM RENT and all additional RENT reserved herein for the entire unexpired portion of the TERM shall, at LANDLORD'S option, thereupon immediately become due and payable. To the extent permitted by law, TENANT shall be obligated for such accelerated RENT regardless of which, if any, of the other remedies provided in this LEASE or provided by law LANDLORD elects to pursue.
Accelerated Rent. Notwithstanding anything to the contrary in this Lease, in the event that the Lessor redeems or is required to redeem in whole or in part, outstanding Equipment Notes under the Indenture on any date, the Lessee shall pay on such date the amount corresponding to such amount redeemed plus accrued and unpaid interest thereon plus any Supplemental Rent (including Make-Whole Amount, if any) due and payable on such date in connection with the Indenture.
Accelerated Rent. If American repossesses the Demised Premises without terminating the Sublease, then Sublessee shall pay to American all rent and other indebtedness accrued to the date of such repossession, which is hereby accelerated at such time, plus rent and other sums required to be paid by Sublessee during the remainder of the Term, diminished by any net sums thereafter received by American through reletting the Demised Premises during said period (after deducting expenses incurred by American as provided below). Re-entry by American will not affect the obligations of Sublessee for the unexpired Term. Sublessee shall not be entitled to any excess of any rent obtained by reletting over the rent herein reserved. Actions to collect amounts due by Sublessee may be brought on one or more occasions, without the necessity of American's waiting until expiration of the Term.
