Common use of Continuation After Default Clause in Contracts

Continuation After Default. Even though Tenant has breached this Lease and/or abandoned the Premises, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession hereof, and Landlord may enforce all of its rights and remedies under this Lease, including (but without limitation) the right to recover Rent as it becomes due. Landlord has the remedy described in Section 1951.4 of the California Civil Code (Landlord may continue the Lease in effect after Tenant’s breach and abandonment and recover rent as it becomes due, if Tenant has the right to sublet or assign, subject only to reasonable limitations). Acts of maintenance, preservation or efforts to lease the Premises or the appointment of receiver upon application of Landlord to protect Landlord’s interest under this Lease shall not constitute an election to terminate Tenant’s right to possession.

Appears in 2 contracts

Samples: Center Lease (Mulesoft, Inc), Center Lease (Mulesoft, Inc)

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Continuation After Default. Even though Tenant has breached this Lease and/or abandoned the Leased Premises, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s 's right to possession under subsection 12.2(a) hereof, and Landlord may enforce all of its rights and remedies under this Lease, including (but without limitation) the right to recover Rent as it becomes due. , and Landlord has the remedy described in Section 1951.4 of the California Civil Code Section 1951.4 (Landlord lessor may continue the Lease lease in effect after Tenant’s lessee's breach and abandonment and recover rent as it becomes due, if Tenant lessee has the right to sublet or assign, subject only to reasonable limitations)) or any amended or successor code section. Acts of maintenancemaintenance or preservation, preservation or efforts to lease relet the Leased Premises or the appointment of a receiver upon application of Landlord to protect Landlord’s 's interest under this Lease shall not constitute an election to terminate Tenant’s 's right to possession.

Appears in 1 contract

Samples: Lease Agreement (CNL Hospitality Properties Inc)

Continuation After Default. Even though Tenant has breached this Lease and/or abandoned the PremisesLeased Property, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s 's right to possession under subsection 12.2(a) hereof, and Landlord may enforce all of its rights and remedies under this Lease, including (but without limitation) the right to recover Rent as it becomes due. , and Landlord has the remedy described in Section 1951.4 of the California Civil Code Section 1951.4 (Landlord lessor may continue the Lease lease in effect after Tenant’s lessee's breach and abandonment and recover rent as it becomes due, if Tenant lessee has the right to sublet or assign, subject only to reasonable limitations)) or any amended or successor code section. Acts of maintenancemaintenance or preservation, preservation or efforts to lease relet the Premises Leased Property or the appointment of a receiver upon application of Landlord to protect Landlord’s 's interest under this Lease shall not constitute an election to terminate Tenant’s 's right to possession.

Appears in 1 contract

Samples: Lease Agreement (CNL Hospitality Properties Inc)

Continuation After Default. Even though Tenant has breached this Lease and/or abandoned the Leased Premises, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession under Section 7.08(b)(i) hereof, and Landlord may enforce all of its rights and remedies under this Lease, including (but including, without limitation) , the right to recover Rent as it becomes due. Landlord has the remedy described in Section 1951.4 of the California Civil Code of the State of California or any successor code section (Landlord may continue the this Lease in effect after Tenant’s breach and abandonment and recover rent as it becomes due, if Tenant has the right to sublet or assign, subject only to reasonable limitations). Acts of maintenance, preservation or efforts to lease the Leased Premises or the appointment of receiver upon application of Landlord to protect Landlord’s interest under this Lease shall not constitute an election to terminate Tenant’s right to possession.

Appears in 1 contract

Samples: Office Building Lease (Fox Hollow Technologies Inc)

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Continuation After Default. Even though Tenant has breached this Lease and/or abandoned In the Premisesevent of the occurrence of a Default, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession hereofunder Section 12.1, and Landlord may enforce all of its rights and remedies under this Lease, including (but without limitation) the right to recover Rent as it becomes due. Landlord has the remedy described in Section 1951.4 of the California Civil Code Section 1951.4 (Landlord lessor may continue the Lease to lease in effect after Tenantlessee’s breach and abandonment and recover rent as it becomes due, if Tenant lessee has the right to sublet or assign, subject only to reasonable limitations). Landlord shall further have all remedies under any other applicable code section. Acts of maintenance, preservation or efforts to lease the Premises Premises, or the appointment of receiver upon application of Landlord to protect Landlord’s interest under this Lease Lease, shall not constitute an election to terminate Tenant’s right to possessionpossession in the absence of written notice to the contrary.

Appears in 1 contract

Samples: Center 21 Office Lease (Pandora Media, Inc.)

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