Common use of PAYMENT OF FUTURE RENT Clause in Contracts

PAYMENT OF FUTURE RENT. If Tenant is in default of any provision of this Agreement, then in addition to any other rights and remedies that Broker may have, Broker may at Broker's sole discretion and option, either terminate this Lease, or from time to time without terminating this Lease, re-enter and retake possession of the Premises, with legal proceedings as provided for by law, and terminate Tenant's right to possession, and re-let the Premises for such terms and at such rentals as Broker in Broker's sole discretion may deem advisable, with the option to make alterations and repairs to said Tenant shall be liable for the cost of all the alterations and repairs, which are reasonably necessary to re-rent the Premises, and the re-letting fee set forth in paragraph 3.6. If Broker does not terminate this Agreement, upon re-letting, all rent and other sums received by Broker from such re-letting, shall be applied, first to the payment of any monetary obligation due under the terms of this Agreement other than monthly rental installments, second, to the re-letting costs, third, to past due monthly rent installments, with the remainder, if any, to be held by the Broker and applied as payments of future rents as the same become due and payable under this Agreement. No such re-entry or re-taking possession of the Premises by Broker, including but not limited to, re-taking of the Premises, by abandonment, voluntary surrender of the Premises by Tenant, or the institution of forcible entry and detainer proceedings or other legal proceedings against Tenant, shall be construed as an election on the part of Broker to terminate this Lease unless written notice of such intention be given to Tenant, or unless determination hereof be decreed by a Court of competent jurisdiction. Even though Broker may re-let the Premises without terminating this Agreement, Broker may at any time thereafter elect to terminate this Lease for any previous breach. Should Broker at any time expressly opt to terminate this Lease for any breach, in addition to any other remedy Broker may have, Broker may recover from Tenant damages Broker may incur by reason of such breach, including the costs of recovering the Premises, including any reasonable attorney's fees and costs. If Tenant defaults, Broker agrees to exercise customary diligence to re-let the Premises to minimize damages and will credit all subsequent rent received from subsequent Tenants against Tenant's liability for past due, and future rent, and other sums due.

Appears in 2 contracts

Samples: Residential Lease Agreement, Residential Lease Agreement

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PAYMENT OF FUTURE RENT. If Tenant Resident is in default of any provision of this Agreement, then in addition to any other rights and remedies that Broker Landlord may have, Broker Landlord may at Broker's Landlord’s sole discretion and option, either terminate this Leaselease, or from time to time without terminating this Leaselease, re- enter and re-enter and retake take possession of the Premises, with legal proceedings as provided for by law, and terminate Tenant's Resident’s right to possession, and re-let the Premises premises for such terms and at such rentals as Broker Landlord in Broker's Landlord’s sole discretion may deem advisable, with the option to make alterations and repairs to said Tenant Premises. Resident shall be liable for the cost of all the alterations and repairs, which are reasonably necessary to re-rent the Premises, and the re-letting fee set forth in paragraph 3.6Section 1.17. If Broker Landlord does not terminate this Agreementagreement, upon re-re- letting, all rent and other sums received by Broker Landlord from such re-letting, shall be applied, first to the payment of any monetary obligation due under the terms of this Agreement other than monthly rental installments, second, to the re-letting costs, third, to past due monthly rent installments, with the remainder, if any, to be held by the Broker Landlord and applied as payments of future rents as the same become due and payable under this Agreement. No such re-entry or re-taking possession of the Premises premises by BrokerLandlord, including but not limited to, re-re- taking of the Premises, by abandonment, voluntary surrender of the Premises by TenantResident, or the institution of forcible entry and detainer proceedings or other legal proceedings against TenantResident, shall be construed as an election on the part of Broker Landlord to terminate this Lease lease unless written notice of such intention be given to TenantResident, or unless determination hereof be decreed by a Court of competent jurisdiction. Even though Broker Landlord may re-let the Premises without terminating this Agreement, Broker Landlord may at any time thereafter elect to terminate this Lease for any previous breach. Should Broker Landlord at any time expressly opt to terminate this Lease for any breach, in addition to any other remedy Broker Landlord may have, Broker Landlord may recover from Tenant Resident damages Broker Landlord may incur by reason of such breach, including the costs of recovering the Premises, including any reasonable attorney's attorneys’ fees and costs. If Tenant Resident defaults, Broker Landlord agrees to exercise customary diligence to re-let the Premises to minimize damages damages, and will credit all subsequent rent received from subsequent Tenants residents against Tenant's Resident’s liability for past due, and future rent, and other sums due.

Appears in 1 contract

Samples: Rental Agreement

PAYMENT OF FUTURE RENT. If Tenant is in default of any provision of this Agreement, then in addition to any other rights and remedies that Broker may have, Broker may at Broker's sole discretion and option, either terminate this Lease, or from time to time without terminating this Lease, re-enter and retake possession of the Premises, with legal proceedings as provided for by law, and terminate Tenant's right to possession, and re-let the Premises for such terms and at such rentals as Broker in BrokerXxxxxx's sole discretion may deem advisable, with the option to make alterations and repairs to said Tenant shall be liable for the cost of all the alterations and repairs, which are reasonably necessary to re-rent the Premises, and the re-letting fee set forth in paragraph 3.6. If Broker does not terminate this Agreement, upon re-letting, all rent and other sums received by Broker from such re-letting, shall be applied, first to the payment of any monetary obligation due under the terms of this Agreement other than monthly rental installments, second, to the re-letting costs, third, to past due monthly rent installments, with the remainder, if any, to be held by the Broker and applied as payments of future rents as the same become due and payable under this Agreement. No such re-entry or re-taking possession of the Premises by BrokerXxxxxx, including but not limited to, re-taking of the Premises, by abandonment, voluntary surrender of the Premises by TenantXxxxxx, or the institution of forcible entry and detainer proceedings or other legal proceedings against Tenant, shall be construed as an election on the part of Broker to terminate this Lease unless written notice of such intention be given to Tenant, or unless determination hereof be decreed by a Court of competent jurisdiction. Even though Broker may re-let the Premises without terminating this Agreement, Broker may at any time thereafter elect to terminate this Lease for any previous breach. Should Broker at any time expressly opt to terminate this Lease for any breach, in addition to any other remedy Broker may have, Broker may recover from Tenant damages Broker may incur by reason of such breach, including the costs of recovering the Premises, including any reasonable attorney's fees and costs. If Tenant defaults, Broker Xxxxxx agrees to exercise customary diligence to re-let the Premises to minimize damages and will credit all subsequent rent received from subsequent Tenants against TenantXxxxxx's liability for past due, and future rent, and other sums due.

Appears in 1 contract

Samples: Residential Lease Agreement

PAYMENT OF FUTURE RENT. If Tenant Resident is in default of any provision of this Agreement, then in addition to any other rights and remedies that Broker Landlord may have, Broker Landlord may at Broker's Landlord’s sole discretion and option, either terminate this Leaselease, or from time to time without terminating this Leaselease, re-enter and retake re-take possession of the Premises, with legal proceedings as provided for by law, and terminate Tenant's Resident’s right to possession, and re-let the Premises premises for such terms and at such rentals as Broker Landlord in Broker's Landlord’s sole discretion may deem advisable, with the option to make alterations and repairs to said Tenant Premises. Resident shall be liable for the cost of all the alterations and repairs, which are reasonably necessary to re-re- rent the Premises, and the re-letting fee set forth in paragraph 3.610. If Broker Landlord does not terminate this Agreementagreement, upon re-re- letting, all rent and other sums received by Broker Landlord from such re-letting, shall be applied, first to the payment of any monetary obligation due under the terms of this Agreement other than monthly rental installments, second, to the re-letting costs, third, to past due monthly rent installments, with the remainder, if any, to be held by the Broker Landlord and applied as payments of future rents as the same become due and payable under this Agreement. No such re-entry or re-taking possession of the Premises premises by BrokerLandlord, including but not limited to, re-taking of the Premises, by abandonment, voluntary surrender of the Premises by TenantResident, or the institution of forcible entry and detainer proceedings or other legal proceedings against TenantResident, shall be construed as an election on the part of Broker Landlord to terminate this Lease lease unless written notice of such DocuSign Envelope ID: DA80BCC0-F101-4D56-A40F-D411C4CF64D5 intention be given to TenantResident, or unless determination hereof be decreed by a Court of competent jurisdiction. Even though Broker Landlord may re-let the Premises without terminating this Agreement, Broker Landlord may at any time thereafter elect to terminate this Lease for any previous breach. Should Broker Landlord at any time expressly opt to terminate this Lease for any breach, in addition to any other remedy Broker Landlord may have, Broker Landlord may recover from Tenant Resident damages Broker Landlord may incur by reason of such breach, including the costs of recovering the Premises, including any reasonable attorney's attorneys’ fees and costs. If Tenant Resident defaults, Broker Landlord agrees to exercise customary diligence to re-let the Premises to minimize damages damages, and will credit all subsequent rent received from subsequent Tenants residents against Tenant's Resident’s liability for past due, and future rent, and other sums due.

Appears in 1 contract

Samples: Rental Agreement

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PAYMENT OF FUTURE RENT. If Tenant is in default of any provision of this Agreement, then in addition to any other rights and remedies that Broker may have, Broker may at Broker's sole discretion and option, either terminate this Lease, or from time to time without terminating this Lease, re-enter and retake possession of the Premises, with legal proceedings as provided for by law, and terminate Tenant's right to possession, and re-let the Premises for such terms and at such rentals as Broker in Broker's sole discretion may deem advisable, with the option to make alterations and repairs to said Tenant shall be liable for the cost of all the alterations and repairs, which are reasonably necessary to re-rent the Premises, and the re-letting fee set forth in paragraph 3.6. If Broker does not terminate this Agreement, upon re-re- letting, all rent and other sums received by Broker from such re-letting, shall be applied, first to the payment of any monetary obligation due under the terms of this Agreement other than monthly rental installments, second, to the re-letting costs, third, to past due to monthly rent installments, with the remainder, if any, to be held by the Broker and applied as payments of future rents as the same become due and payable under this Agreement. No such re-entry or re-taking possession of the Premises by Broker, including but not limited to, re-taking of the Premises, by abandonment, voluntary surrender of the Premises by Tenant, or the institution of forcible entry and detainer proceedings or other legal proceedings against Tenant, shall be construed as an election on the part of Broker to terminate this Lease unless written notice of such intention be given to Tenant, or unless determination hereof be decreed by a Court of competent jurisdiction. Even though Broker may re-let the Premises without terminating this Agreement, Broker may at any time thereafter elect to terminate this Lease for any previous breach. Should Broker at any time expressly opt to terminate this Lease for any breach, in addition to any other remedy Broker may have, Broker may recover from Tenant damages Broker may incur by reason of such breach, including the costs of recovering the Premises, including any reasonable attorney's fees and costs. If Tenant defaults, Broker agrees to exercise customary diligence to re-let the Premises to minimize damages and will credit all subsequent rent received from subsequent Tenants against Tenant's liability for past due, and future rent, and other sums due.

Appears in 1 contract

Samples: Residential Lease Agreement

PAYMENT OF FUTURE RENT. If Tenant Resident is in default of any provision of this Agreement, then in addition to any other rights and remedies that Broker Landlord may have, Broker Landlord may at Broker's Landlord’s sole discretion and option, either terminate this Leaselease, or from time to time without terminating this Leaselease, re- enter and re-enter and retake take possession of the Premises, with legal proceedings as provided for by law, and terminate Tenant's Resident’s right to possession, and re-let the Premises premises for such terms and at such rentals as Broker Landlord in Broker's Landlord’s sole discretion may deem advisable, with the option to make alterations and repairs to said Tenant Premises. Resident shall be liable for the cost of all the alterations and repairs, which are reasonably necessary to re-rent the Premises, and the re-letting fee set forth in paragraph 3.610. If Broker Landlord does not terminate this Agreementagreement, upon re-re- letting, all rent and other sums received by Broker Landlord from such re-letting, shall be applied, first to the payment of any monetary obligation due under the terms of this Agreement other than monthly rental installments, second, to the re-letting costs, third, to past due monthly rent installments, with the remainder, if any, to be held by the Broker Landlord and applied as payments of future rents as the same become due and payable under this Agreement. No such re-entry or re-taking possession of the Premises premises by BrokerLandlord, including but not limited to, re-re- taking of the Premises, by abandonment, voluntary surrender of the Premises by TenantResident, or the institution of forcible entry and detainer proceedings or other legal proceedings against TenantResident, shall be construed as an election on the part of Broker Landlord to terminate this Lease lease unless written notice of such intention be given to TenantResident, or unless determination hereof be decreed by a Court of competent jurisdiction. Even though Broker Landlord may re-let the Premises without terminating this Agreement, Broker Landlord may at any time thereafter elect to terminate this Lease for any previous breach. Should Broker Landlord at any time expressly opt to terminate this Lease for any breach, in addition to any other remedy Broker Landlord may have, Broker Landlord may recover from Tenant Resident damages Broker Landlord may incur by reason of such breach, including the costs of recovering the Premises, including any reasonable attorney's attorneys’ fees and costs. If Tenant Resident defaults, Broker Landlord agrees to exercise customary diligence to re-let the Premises to minimize damages damages, and will credit all subsequent rent received from subsequent Tenants residents against Tenant's Resident’s liability for past due, and future rent, and other sums due.

Appears in 1 contract

Samples: Rental Agreement

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