Common use of LANDLORD'S REMEDIES; CONTINUATION OF LEASE Clause in Contracts

LANDLORD'S REMEDIES; CONTINUATION OF LEASE. In the event of any such default by Xxxxxx, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to accelerate the payment of rent and other monetary sums payable by Tenant for the balance of the Term and upon any such election, such sums shall be immediately due and payable. In the event of any such default by Xxxxxx, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to continue this Lease in full force and effect, whether or not Tenant shall have abandoned the Premises. In the event Landlord elects to continue this Lease in full force and effect pursuant to this Section 23.4, then landlord shall be entitled to enforce all of its rights and remedies under this Lease, including the right to recover rent as it becomes due. Xxxxxxxx’s election not to terminate this Lease pursuant to this Section 23.4 or pursuant to any other provision of this Lease, at law or In equity, shall not preclude Landlord from subsequently electing to terminate this Lease or pursuing any of its other remedies.

Appears in 1 contract

Samples: Retail Lease (La Rosa Holdings Corp.)

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LANDLORD'S REMEDIES; CONTINUATION OF LEASE. In the event Upon any Event of any such default by XxxxxxDefault, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to accelerate the payment of rent rights and other monetary sums payable by Tenant for the balance of the Term and upon any such election, such sums shall be immediately due and payable. In the event of any such default by Xxxxxx, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to continue this Lease in full force and effect, whether or not Tenant shall have abandoned the Premises. The foregoing remedy shall also be available to Landlord in the event Tenant has abandoned the Premises. In the event Landlord elects to continue this Lease in full force and effect pursuant to this Section 23.4, then landlord Landlord shall be entitled to enforce all of its rights and remedies under this Lease, including the right to xxx periodically to recover rent as it becomes due. XxxxxxxxLandlord’s election not to terminate this Lease pursuant to this Section 23.4 or pursuant to any other provision of this Lease, at law or In in equity, shall not preclude Landlord from subsequently electing to terminate this Lease or pursuing any of its other remedies.

Appears in 1 contract

Samples: Work Letter Agreement (Lacrosse Footwear Inc)

LANDLORD'S REMEDIES; CONTINUATION OF LEASE. In the event of any such default by Xxxxxx, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to accelerate the payment of rent and other monetary sums payable by Tenant for the balance of the Term and upon any such election, such sums shall be immediately due and payable. In the event of any such default by XxxxxxTenant, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to continue this Lease in full force and effect, whether or not Tenant shall have abandoned the Premises. The foregoing remedy shall also be available to Landlord pursuant to California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s Default and abandonment and recover Rent as it becomes due, provided Tenant has the right to sublet or assign, subject only to reasonable limitations) and any successor statute thereof in the event Tenant has abandoned the Premises. In the event Landlord elects to continue this Lease in full force and effect pursuant to this Section 23.4, then landlord Landlord shall be entitled to enforce all of its rights and remedies under this Lease, including the right to recover rent as it becomes due. XxxxxxxxLandlord’s election not to terminate this Lease pursuant to this Section 23.4 or pursuant to any other provision of this Lease, at law or In in equity, shall not preclude Landlord from subsequently electing to terminate this Lease or pursuing any of its other remedies.

Appears in 1 contract

Samples: Lease Agreement (Apache Design Solutions Inc)

LANDLORD'S REMEDIES; CONTINUATION OF LEASE. In the event of any such default by Xxxxxx, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to accelerate the payment of rent and other monetary sums payable by Tenant for the balance of the Term and upon any such election, such sums shall be immediately due and payable. In the event of any such default by XxxxxxTenant, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to continue this Lease in full force and effect, whether or not Tenant shall have abandoned the Premises so long as Landlord does not terminate Tenant's right to possession of the Premises. The foregoing remedy shall also be available to Landlord pursuant to California Civil Code Section 1951.4 and any successor statute thereof in the event Tenant has abandoned the Premises. In the event Landlord elects to continue this Lease in full force and effect pursuant to this Section 23.422.4, then landlord Landlord shall be entitled to enforce all of its rights and remedies under this Lease, including the right to recover rent as it becomes due. Xxxxxxxx’s Landlord's election not to terminate this Lease pursuant to this Section 23.4 22.4 or pursuant to any other provision of this Lease, at law or In in equity, shall not preclude Landlord from subsequently electing to terminate this Lease or pursuing any of its other remedies.

Appears in 1 contract

Samples: Cymer Inc

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LANDLORD'S REMEDIES; CONTINUATION OF LEASE. In the event of any such default by Xxxxxx, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to accelerate the payment of rent and other monetary sums payable by Tenant for the balance of the Term and upon any such election, such sums shall be immediately due and payable. In the event of any such default by XxxxxxTenant, in addition to any other remedies available to Landlord under this Lease, at law or in equity, Landlord shall have the right to continue this Lease in full force and effect, whether or not Tenant shall have abandoned the Premises so long as Landlord does not terminate Tenant’s right to possession of the Premises. The foregoing remedy shall also be available to Landlord pursuant to California Civil Code Section 1951.4 and any successor statute thereof in the event Tenant has abandoned the Premises. In the event Landlord elects to continue this Lease in full force and effect pursuant to this Section 23.422.4, then landlord Landlord shall be entitled to enforce all of its rights and remedies under this Lease, including the right to recover rent as it becomes due. XxxxxxxxLandlord’s election not to terminate this Lease pursuant to this Section 23.4 22.4 or pursuant to any other provision of this Lease, at law or In in equity, shall not preclude Landlord from subsequently electing to terminate this Lease or pursuing any of its other remedies.

Appears in 1 contract

Samples: Single Tenant Industrial Lease (Cymer Inc)

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