Common use of Recovery of Rent; Reletting Clause in Contracts

Recovery of Rent; Reletting. (a) In the event of the abandonment of the Premises by Tenant or if Landlord elects to either reenter as provided in Section 25.2 or take possession of the Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to /s/ Landlord’s Initials Tenant’s Initials terminate this Lease as provided in Section 25.1, this Lease shall continue in effect, and Landlord may enforce all its rights and remedies under this Lease, including Landlord’s right from time to time, without terminating this Lease, to either recover all Rent as it becomes due or relet the Premises or any part thereof for such term or terms and at such Rent 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 in protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 1 contract

Samples: Lease (Opnext Inc)

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Recovery of Rent; Reletting. (a) In the event of the abandonment of the Premises by Tenant or if Landlord elects to either reenter as provided in Section 25.2 or take possession of the Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to /s/ Landlord’s Initials Tenant’s Initials terminate this Lease as provided in Section 25.1, this Lease shall continue in effect, and Landlord may enforce all its rights and remedies under this Lease, including Landlord’s 's right from time to time, without terminating this Lease, to either recover all Rent as it becomes due or relet the Premises or any part thereof for such term or terms and at such Rent 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 in 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: Lease Agreement (Centillium Communications Inc)

Recovery of Rent; Reletting. (a) In the event of the vacation or abandonment of the Premises by Tenant or if in the event that Landlord elects to either reenter as provided in Section 25.2 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 /s/ Landlord’s Initials Tenant’s Initials terminate this Lease as provided in Section 25.122.1 above, this Lease shall continue in effecteffect 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 including, without limitation, Landlord’s right from time to time, without terminating this Lease, to either recover all Rent rental as it becomes due or relet the Premises or any part thereof for such term or terms and at such Rent rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion 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 in to protect Landlord’s interest under this Lease shall not constitute a termination of Tenant’s right to possession.

Appears in 1 contract

Samples: Salient Lease Terms (Greektown Superholdings, Inc.)

Recovery of Rent; Reletting. (a) In the event of the abandonment of the Premises by Tenant or if Landlord elects to either reenter as provided in Section 25.2 or take possession of the Premises pursuant to legal proceeding or pursuant to any notice provided by law, then if Landlord does not elect to /s/ --------------------- ------------------- Landlord’s 's Initials Tenant’s 's Initials terminate this Lease as provided in Section 25.1, this Lease shall continue in effect, and Landlord may enforce all its rights and remedies under this Lease, including Landlord’s 's right from time to time, without terminating this Lease, to either recover all Rent as it becomes due or relet the Premises or any part thereof for such term or terms and at such Rent 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 in 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: Lease (Opnext Inc)

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Recovery of Rent; Reletting. (a) In the event of the abandonment of the Premises by Tenant or if in the event that Landlord elects shall elect to either reenter as provided in Section 25.2 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 /s/ Landlord’s Initials Tenant’s Initials terminate this Lease as provided in Section 25.125.1 above, this Lease shall continue in effecteffect 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 including, without limitation, Landlord’s 's right from time to time, without terminating this Lease, to either recover all Rent rental as it becomes due or relet the Premises or any part thereof for such term or terms and at such Rent rental or rentals and upon such other terms and conditions as Landlord, in its sole discretion 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 in 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 (Witness Systems Inc)

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