Common use of Current Damages Clause in Contracts

Current Damages. In the event of any such termination, repossession or reletting Lessee will pay to Lessor the Basic Rent and all Additional rent and other sums required to be paid by Lessee up to the time of such termination, repossession or reletting, and thereafter Lessee, for what would have been the remaining term of this Lease and, whether or not the Property or any part thereof shall have been relet, shall be lia- ble to Lessor for and shall pay to Lessor, as liquidated and agreed current damages for Lessee's default, (a) the Basic Rent and all Additional Rent and other sums that would be payable under this Lease by Lessee in the absence of such termination or repossession, plus (b) all reasonable expenses incurred by Lessor in connection with such termination and repossession and any reletting effected for the account of Lessee pursuant to Section 26 hereof (including, without limitation, all repossession costs, brokerage commissions, legal expenses, attorneys' fees, employees' expenses, alteration costs and expenses of preparing for such reletting), less (c) the proceeds, if any, of such reletting. Lessee will pay such current damages on the days on which the Basic Rent would have been payable under this Lease in the absence of such termination, repossession or reletting and Lessor shall be entitled to recover the same from Lessee on each such day.

Current Damages. In the event of any such terminationtermination pursuant to Section 14.2 (a) hereof, repossession or reletting Lessee Tenant will pay to Lessor Landlord the Basic Base Rent and all Additional rent Rent and other sums required to be paid by Lessee Tenant up to the time of such termination, repossession or reletting, and thereafter LesseeTenant, for until the end of what would have been the remaining term Term of this Lease andin the absence of such termination, whether or not the Property Premises or any part thereof shall have been relet, shall be lia- ble liable to Lessor Landlord for and shall pay to LessorLandlord, as liquidated and agreed current damages for LesseeTenant's default, (a) the Basic Base Rent and all Additional Rent and other sums that would be payable under this Lease by Lessee Tenant in the absence of such termination or repossessiontermination, plus plus, (b) all reasonable expenses directly or indirectly incurred by Lessor Landlord in connection with such termination and repossession and any reletting effected for the account of Lessee Tenant pursuant to Section 26 14.2(a) hereof (including, without limitation, all repossession costs, brokerage commissions, legal expenses, attorneys' attorney's fees, employees' expenses, alteration costs and expenses of preparing for such reletting), less (c) the proceeds, if any, of such reletting. Lessee Tenant will pay such current damages monthly on the days on which the Basic Base Rent would have been payable under this Lease in the absence of such termination, repossession or reletting and Lessor Landlord shall be entitled to recover the same from Lessee Tenant on each such day.