Common use of Current Damages Clause in Contracts

Current Damages. No termination or repossession provided for in Article 22.1 shall relieve Sublessee of its liabilities and obligations hereunder all of which shall survive such termination or repossession; provided however, that Sublessor shall use reasonable efforts to mitigate any damages resulting from any default by Sublessee hereunder. In the event of any such termination or repossession, Sublessee shall pay Sublessor, in advance, on the first day of each month (and pro rata for the fraction of any month) for what would have been the entire balance of the Base Term or if applicable, any Extension Term, one-twelfth of the Annual Rental (defined below) for the Premises less the proceeds (if any) of any reletting of the Premises which remain after deducting Sublessor’s reasonable out-of-pocket expenses in connection with such reletting. Such expenses, all of which shall be reasonable, shall include, without limitation, removal, storage, the cost of painting and refurbishing the Premises, and attorneys’ and brokers’ fees.