Common use of Recovery of Rent; Reletting Clause in Contracts

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 above, or shall take possession of the Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion, may deem advisable with the right to make alterations and repairs to the Premises. Acts of maintenance or preservation or efforts to relet the Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord or its agent possession to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 3 contracts

Samples: Office Lease (Sphere 3D Corp), Office Lease (Biotie Therapies Corp.), Office Lease (Insweb Corp)

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Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as Landlord, in its sole but reasonable discretion, may deem advisable with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord or its agent possession to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 3 contracts

Samples: Office Lease (Atara Biotherapeutics, Inc.), Office Lease (Tobira Therapeutics, Inc.), Office Lease (Tobira Therapeutics, Inc.)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant Lessee or in the event that Landlord Lessor shall elect to reenter as provided in Section 25.3 29.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord Lessor does not elect to terminate this Lease as provided in Section 25.1 29.1 above, this Lease shall continue in effect for so long as Landlord Lessor does not terminate Tenant’s Lessee's right to possession, and Landlord Lessor may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s Lessor's right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as LandlordLessor, in its sole discretion, may deem advisable with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord Lessor or other legal proceeding granting Landlord Lessor or its agent possession to protect Landlord’s Lessor's interest under this Lease shall not constitute a termination of Tenant’s Lessee's right to possession.

Appears in 2 contracts

Samples: Sublease Agreement (Innova Corporation), Salient Lease Terms (Innova Corporation)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 25 .3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 25 .1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s 's right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s 's right from time to time, without terminating this Lease, ,to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion, may deem advisable with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord or its agent possession to protect Landlord’s 's interest under this Lease shall not constitute a termination of Tenant’s 's right to possession.

Appears in 2 contracts

Samples: Office Lease (Kronos Bio, Inc.), Office Lease (Kronos Bio, Inc.)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion, may deem advisable with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord or its agent possession to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 2 contracts

Samples: Office Lease (Quotient Technology Inc.), Office Lease (Heritage Commerce Corp)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s 's right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s 's right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion, may deem advisable with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord or its agent possession to protect Landlord’s 's interest under this Lease shall not constitute a termination of Tenant’s 's right to possession.

Appears in 1 contract

Samples: Office Lease (Blaze Software Inc)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion, may deem advisable with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord or its agent possession to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 1 contract

Samples: Office Lease (Webex Communications Inc)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant Lessee or in the event that Landlord Lessor shall elect to reenter as provided in Section 25.3 30.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord Lessor does not elect to terminate this Lease as provided in Section 25.1 30.1 above, this Lease shall continue in effect for so long as Landlord Lessor does not terminate Tenant’s Lessee's right to possession, and Landlord Lessor may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s Lessor's right from from, time to time, without terminating 44. this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as LandlordLessor, in its sole discretion, may deem advisable advisable, with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord Lessor or other legal proceeding granting Landlord Lessor or its agent possession to protect Landlord’s Xxxxxx's interest under this Lease shall not constitute a termination of Tenant’s Xxxxxx's right to possession.

Appears in 1 contract

Samples: Letter Agreement (Linuxcare Inc)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion, may deem advisable with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord or its agent possession to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 1 contract

Samples: Office Lease (Terns Pharmaceuticals, Inc.)

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Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 above, or shall take possession of the Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion, may deem advisable with the right to make alterations and repairs to the Premises. Acts of maintenance or preservation or efforts to relet the Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord landlord or its agent possession to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 1 contract

Samples: Office Lease (Artisoft Inc)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant Lessee or in the event that Landlord Lessor shall elect to reenter as provided in Section 25.3 30.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord Lessor does not elect to terminate this Lease as provided in Section 25.1 30.1 above, this Lease shall continue in effect for so long as Landlord Lessor does not terminate Tenant’s Lessee's right to possession, and Landlord Lessor may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s Lessor's right from from, time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as LandlordLessor, in its sole discretion, may deem advisable advisable, with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord Lessor or other legal proceeding granting Landlord Lessor or its agent possession to protect Landlord’s Lessor's interest under this undex xxxx Lease shall not constitute a termination of Tenant’s Lessee's right to possessionpossxxxxxx.

Appears in 1 contract

Samples: Service Office Lease (Thermogenesis Corp)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Premises by Tenant or in the event that Landlord shall elect to reenter as provided in Section 25.3 above, or shall take possession of the Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to terminate this Lease as provided in Section 25.1 above, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession, and Landlord may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s right from time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Premises or any part thereof for such term or terms term’s and at such rental or rentals and upon such other terms tennis and conditions as Landlord, in its sole discretion, Landlord may deem advisable with the right to make alterations and repairs to the Premises. Acts of maintenance or preservation or efforts to relet the Premises or the appointment of a receiver upon initiation of Landlord or other legal proceeding granting Landlord or its agent possession to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 1 contract

Samples: Lease (Fibrogen Inc)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Leased Premises by Tenant Lessee or in the event that Landlord Lessor shall elect to reenter as provided in Section 25.3 30.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord Lessor does not elect to terminate this Lease as provided in Section 25.1 30.1 above, this Lease shall continue in effect for so long as Landlord Lessor does not terminate Tenant’s Lessee's right to possession, and Landlord Lessor may enforce all its rights and remedies under this Lease, including, without limitation, Landlord’s Lessor's right from from, time to time, without terminating this Lease, to either recover all rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as LandlordLessor, in its sole discretion, may deem advisable advisable, with the right to make alterations Alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord Lessor or other legal proceeding granting Landlord Lessor or its agent possession to protect Landlord’s Lessor's interest under this Lease shall not constitute a termination of Tenant’s Lessee's right to possession.

Appears in 1 contract

Samples: MCB Financial Corp

Recovery of Rent; Reletting. (a) Lessor may continue Lease in effect after Xxxxxx’s breach and abandonment and recover rent as it becomes due. In the event of the vacation or abandonment of the Leased Premises by Tenant Xxxxxx, or in the event that Landlord Lessor shall elect to reenter as provided in Section 25.3 30.3 above, or shall take possession of the Leased Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord Lessor does not elect to terminate this Lease as provided in Section 25.1 30.1 above, this Lease shall continue in effect for so long as Landlord Lessor does not terminate TenantLessee’s right to possession, and Landlord Lessor may enforce all its rights and remedies under this Lease, including, without limitation, LandlordLessor’s right from from, time to time, without terminating this Lease, to either recover all rental Rental as it becomes due or relet the Leased Premises or any part thereof for such term or terms and at such rental or rentals and upon such other terms and conditions as LandlordLessor, in its sole discretion, may deem advisable advisable, with the right to make alterations and repairs to the Leased Premises. Acts of maintenance or preservation or efforts to relet the Leased Premises or the appointment of a receiver upon initiation of Landlord Lessor or other legal proceeding granting Landlord Lessor or its agent possession to protect LandlordXxxxxx’s interest under this Lease shall not constitute a termination of TenantXxxxxx’s right to possession.

Appears in 1 contract

Samples: Office Lease (Itex Corp)

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