Damages on Termination Sample Clauses

Damages on Termination. Should Lessor at any time terminate this Lease for any default, breach or failure of Tenant hereunder, then, in addition to any other rights or remedies available to Lessor hereunder or by law provided, Lessor may have and recover from Tenant all damages Lessor may incur by reason of such default, breach or failure including, without limitation, all costs of recovering the Premises including, without limitation, court costs and reasonable attorney's fees for services in recovering possession, all costs and expenses of any re-letting including, without limitation, all costs of alterations and repairs, dividing and subdividing, of the Premises in connection therewith, all brokerage commissions or other similar expenses of Lessor in connection with such re-letting, or, at the option of Lessor, Lessor may have and recover from Tenant the worth at the time of termination of this Lease, of the excess, if any, of the Rent reserved in this Lease for the remainder of the Term, over the then reasonable rental value of the Premises for the same period, all of which amounts, including all court costs and reasonable attorney's fees of Lessor, shall be immediately due and payable by Tenant to Lessor.
AutoNDA by SimpleDocs
Damages on Termination. At Landlord's election and upon the occurrence of an event of default by Tenant, Landlord may recover damages from Tenant in addition to all other remedies available, but without duplication by any other means for collection of base rent reserved hereunder, an amount equal to the present value, discounted by the then current discount rate at the Federal Reserve Bank of Richmond, of the difference between the rent or other sums payable by Tenant to Landlord for the term of this Lease after the date of termination, as if this Lease were still in effect, and the reasonable rental value of the Premises for such period as proved by Tenant, so long as such rental value is less than the rental amount set forth in this Lease, or any renewal thereof. On termination of this Lease by reason of Tenant's breach, Landlord may also recover as damages from Tenant all of the rent or other sums payable by Tenant pursuant to this Lease after the date of termination, as if this Lease were still in effect, until such time as Landlord has re-leased the entire Premises, reduced by any rent or other payments which Landlord receives for the use of any portion of the Premises prior to re-leasing the entire Premises. On termination of this Lease by occurrence of an Event of Default, Landlord may also recover as damages from Tenant that portion of any leasing commissions paid or payable by Landlord applicable to the unexpired term of this Lease and all reasonable costs incurred in re-leasing the Premises including advertising costs, the costs of refurbishment and alterations of the Premises and the cost of any concessions which the Landlord gives to re-lease the Premises. If Landlord re-leases the Premises following a termination by occurrence of an Event of Default, the rent charged by Landlord on such re-leasing shall be deemed to be the rental value of the Premises for the purpose of calculation of the damages which Landlord may recover from Tenant and Landlord shall use its best efforts to mitigate damages.
Damages on Termination. (a) Upon a termination of this Agreement by Buyer based on a Seller Event of Default, Buyer shall be entitled to recover the net present value of: (a) the replacement cost of Energy supplied from a wind energy generating resource less the cost of Energy that Buyer would have incurred at the Energy Payment Rate; plus (b) the replacement cost of Environmental Attributes less the cost of Environmental Attributes that Buyer would have incurred at the REC Payment Rate, in each case assuming the Facility produced Energy at twenty percent (20%) of the Facility Nameplate Rating during all hours of the Services Term (or the remainder thereof); provided however, that for any termination of this Agreement prior to the Initial Delivery Date based on a Seller Event of Default after which Seller permanently ceases development or operation of the Facility, Seller’s liability shall be limited to the amount of its posted security pursuant to Sections 14.1(a) and (b).
Damages on Termination. Should Licensor at any time cancel this License for any default, breach or failure of Licensee hereunder, then, in addition to any other rights or remedies available to Licensor hereunder or by law provided, Licensor may have and recover from Licensee at the option of Licensor
Damages on Termination. (a) Upon the termination of this Agreement for any reason whatsoever except upon the expiration of the term of this Agreement, the Hirer will immediately pay to the Owner by way of liquidated damages, in addition to and without prejudice to any other right or remedy of the Owner contained in or implied by this Agreement or general law, an amount equal to the aggregate of:
Damages on Termination. Intentionally deleted.
Damages on Termination. If Assignor terminates this Assignment pursuant to Section 8B(2), Assignor shall be entitled to damages for all detriment proximately caused by Assignee's failure to perform its obligations under the Lease Transaction Documents and this Assignment, or which in the ordinary course of things would be likely to result therefrom; including without limitation, all amounts paid or payable to Landlord by Assignee under the terms of the Lease Transaction Documents or on account of Assignee's default in performance thereof, and all other damages recoverable by Assignor under California law.
AutoNDA by SimpleDocs
Damages on Termination. In the event Landlord elects to terminate this Lease by reason of an event of default, then notwithstanding such termination, the Tenant shall be liable for and shall pay to the Landlord, at the address specified in Paragraph 1(d) above, the sum of all Rent accrued to the date of such termination, plus, as damages, (i) the cost of recovering, reletting the Premises and the sum of the unamortized portion of the initial Landlord's costs (including but not limited to, Tenant improvement costs, commissions and architectural and engineering fees), and (ii) an amount equal to the total of the Rent provided in this Lease for the remaining portion of the Lease Term (had such Lease Term not been terminated by Landlord), less the reasonable rental value of the Premises for such period, discounted to present value at the rate of six percent (6%) per annum.
Damages on Termination. If Assignor terminates this Agreement pursuant to Section 5B, Assignor shall be entitled to damages for all detriment proximately caused by Assignee's failure to perform its obligations under the Master Lease, the Sublease and this Agreement, or which in the ordinary course of things would be likely to result therefrom, including, without limitation, all amounts paid or payable to Sublessor and/or Master Landlord by Assignee under the terms of the Sublease or on account of Assignee's default in performance thereof and all other damages recoverable by Assignor under California law. Notwithstanding the foregoing, Assignor shall not exercise any rights under this Section 5 to perform any non-monetary obligation of Assignee under this Agreement or the Sublease or to terminate this Agreement for any such failure to perform such an obligation unless either Master Landlord, Sublessor or Assignor has first given Assignee at least fifteen (15) days prior written notice of such default, nor if Assignee shall reasonably and in good faith commence to remedy such default within such fifteen (15)-day period and thereafter diligently pursue such remedy to completion in a manner satisfactory to Master Landlord, Sublessor and Assignor. No such notice shall be required, however, if Xxxxxxxx's failure to perform constitutes a non-curable breach of the Sublease or this Agreement. Any such notice under this paragraph shall satisfy any and all notice requirements imposed by law and is not in addition to any such requirement.
Damages on Termination. In the event of termination on default, Landlord shall be entitled to recover immediately, without waiting until the due date of any future rent or until the date fixed for expiration of the lease term, the following amounts as damages:
Time is Money Join Law Insider Premium to draft better contracts faster.