Common use of Continuation After Default Clause in Contracts

Continuation After Default. Even though Tenant has breached this Lease, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies, including the right pursuant to Section 1951.4 of the California Civil Code to recover Rent as it becomes due under this Lease, if Tenant has the right to sublet or assign, subject only to reasonable limitations. Acts of maintenance or preservation or efforts to relet the Premises or the appointment of a receiver upon the initiative of Landlord to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession unless written notice of termination is given by Landlord to Tenant.

Appears in 5 contracts

Samples: Office Lease (Eidos Therapeutics, Inc.), Office Lease (Eidos Therapeutics, Inc.), Office Lease (Audentes Therapeutics, Inc.)

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Continuation After Default. Even though 12.01 If an Event of Default exists under this Lease and Tenant has abandoned the Premises, Landlord shall also have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant has breached this Lease, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights abandoned the Premises and remedies, including the right pursuant to Section 1951.4 of the California Civil Code to recover Rent rent as it becomes due under this Leasedue; provided, if Tenant however that Tenants has the right to sublet or assignassign this Lease, subject only to reasonable limitations). Acts of maintenance or preservation or efforts to relet the Premises or the appointment of a receiver upon the initiative of Landlord to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession unless written notice of termination is given by Landlord to Tenantpossession.

Appears in 2 contracts

Samples: Lease Agreement (Limoneira CO), Lease Agreement (Calavo Growers Inc)

Continuation After Default. Even though Tenant has breached this LeaseLease and/or abandoned the Premises, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remediesremedies under this Lease, including but without limitation, the right pursuant to Section 1951.4 of the California Civil Code to recover Rent as it becomes due under due, and Landlord, without terminating this Lease, if Tenant has may exercise all of the right to sublet rights and remedies of a Landlord under Section 1951.4 of the Civil Code of the State of California or assign, subject only to reasonable limitationsany successor code section. Acts of maintenance or preservation or efforts to relet lease the Premises or the appointment of a receiver upon the initiative application of Landlord to protect Landlord’s 's interest under this Lease shall not constitute a termination of an election to terminate Tenant’s 's right to possession unless written notice of termination is given by Landlord to Tenant.possession. ----------------------------------------------------------------- -15-

Appears in 1 contract

Samples: Extension Agreement (Concentric Network Corp)

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Continuation After Default. Even though Tenant Xxxxxx has breached this LeaseLease and/or abandoned the Premises, this Lease shall continue in full force and effect for so long as Landlord does not terminate Tenant’s right to possessionpossession as provided in Section 19 above, and Landlord may enforce all its rights and remediesremedies under this Lease, including the right pursuant to Section 1951.4 of the California Civil Code to recover Rent rent as it becomes due under this Lease. In such event, if Tenant has Landlord may exercise all of the right to sublet rights and remedies of a Landlord under Section 1951.4 of the California Civil Code, or assign, subject only to reasonable limitationsany successor statute. Acts of maintenance or preservation or efforts to relet the Premises or the appointment of a receiver upon the initiative of Landlord to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession unless written notice of termination is given by Landlord to Tenantpossession.

Appears in 1 contract

Samples: Office Lease (Intersearch Group Inc)

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