Common use of DEFAULT OF LESSEE Clause in Contracts

DEFAULT OF LESSEE. If Lessee defaults in any of Lessee's undertakings in this Lease, or if Lessee abandons the Premises, then, in either or any such event, Lessor, at its election and with ten (10) days written notice specifying the cause, may (1) terminate this Lease, (2) terminate Lessee's right to possession only, without terminating the Lease, (3) charge rent in the amount of Thirty-Two Dollars and Twenty-Five/One Hundred Dollars ($32.25) per day from the date of default or abandonment through the date in which the default or abandonment is remedied, or (4) take any action available in law of equity, without such termination or other action affecting any rights which it may have against Lessee for any obligations under this Lease if the cause has not been fully remedied within the ten (10) day period. Lessee shall be responsible for any and all costs incurred by Xxxxxx as a result of Xxxxxx’s breach, including, but not limited to, reasonable attorney’s fees. Lessee hereby waives any and all notices to quit and demands for possession which are required by statute of this State relating to forcible entry and detainer. Lessor may pursue any and all remedies available xxxxxxxxx and at law and equity. Lessor’s decision to pursue one remedy shall not affect its ability to pursue any other remedies available.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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DEFAULT OF LESSEE. If Lessee defaults in any of Lessee's undertakings in this Lease, or if Lessee abandons the Premises, then, in either or any such event, Lessor, at its election and with ten (10) days written notice specifying the cause, may (1) terminate this Lease, (2) terminate Lessee's right to possession only, without terminating the Lease, (3) charge rent in the amount of Thirty-Two Dollars and Twenty-Five/One Hundred Dollars ($32.25) per day from the date of default or abandonment through the date in which the default or abandonment is remedied, or (4) take any action available in law of equity, without such termination or other action affecting any rights which it may have against Lessee for any obligations under this Lease if the cause has not been fully remedied within the ten (10) day period. Lessee shall be responsible for any and all costs incurred by Xxxxxx Lessor as a result of XxxxxxLessee’s breach, including, but not limited to, reasonable attorney’s fees. Lessee hereby waives any and all notices to quit and demands for possession which are required by statute of this State relating to forcible entry and detainer. Lessor may pursue any and all remedies available xxxxxxxxx hereunder and at law and equity. Lessor’s decision to pursue one remedy shall not affect its ability to pursue any other remedies available.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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