Common use of Agreed Final Damages Clause in Contracts

Agreed Final Damages. In the event of the occurrence of an Event of Default, if Landlord so elects, Tenant shall pay Landlord, on demand, as liquidated and agreed final damages, the net present value of all Base Rent which would have been payable by Tenant from the date of such demand to the date when this Lease would have expired if it had not been terminated as aforesaid. Such net present value shall be computed using a discount rate equal to the federal funds rate in effect at such time. Upon payment of such liquidated and agreed final damages, Tenant shall be under no further liability with respect to the period after the date of such demand.

Agreed Final Damages. In the event of the occurrence of an Event of Default, if If Landlord so elects, Tenant shall pay Landlord, on demand, as liquidated and agreed final damages, the net present value of Rent and all Base Rent other charges which would have been payable by Tenant from the date of such demand to the date when this Lease would have expired if it had not been terminated as aforesaid. Such net , minus the fair rental value of the Demised Premises for the same period with such sums discounted to present value shall be computed using a discount rate equal to the federal funds rate in effect at such timevalue. Upon payment of such liquidated and agreed final damages, Tenant shall be under no further liability with respect to the period after the date of such demand.

Agreed Final Damages. In the event of the occurrence of an Event of Default, if If Landlord so elects, Tenant shall pay Landlord, on demand, as liquidated and liquidated, agreed final damages, the net present value of Rent and all Base Rent other charges which would have been payable by Tenant from the date of such demand to the date when this Lease would have expired if it had not been terminated as aforesaid. Such net present , minus the fair rental value shall be computed using a discount rate equal to of the federal funds rate in effect at such timeDemised Premises for the same period. Upon payment of such liquidated and agreed final damages, Tenant shall be under no further liability with respect to the period after the date of such demand.